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'Fantasy economics' and the Tory Leadership Contest

2 replies

stayingpositiveifpossible · 11/07/2022 11:15

Thought the above topic might be an interesting one.

Keir Starmer mentioned the 'fantasy' economics that is going on in the contest at the moment. What does everyone think?

Thought I would kick off with proof that the trickle down theory of economics doesn't work...

www.thebalance.com/trickle-down-economics-theory-effect-does-it-work-3305572#:~:text=Trickle-down%20economics%20generally%20does%20not%20work%20because%3A%20Cutting,will%20drive%20the%20economy%20through%20the%20trickle-up%20phenomenon.

OP posts:
Summerwhereareyou · 11/07/2022 11:37

I don't know enough about different systems of economics to know..

However, I can't understand why people who earn at the bottom aren't given more of their own money,eg raise the tax thresholds to 15 grand?

TooExtraImmatureCheddar · 11/07/2022 11:55

Public services are falling apart and they want to cut taxes further? Are they having a laugh?

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