Thank you. Excuse the typos!! Rushing around as usual.
I just find it so frustrating that people don't realise that things can be different. A short trip to most other European countries demonstrates this very clearly: returning here afterwards is almost like going back in time for two decades. I suppose that shouldn't be surprising given there's been no real-terms increase in pay in the UK for the best part of two decades now precisely because of these policy choices, and our PPP per capita has (predictably) falling off a cliff as a result and will continue to do so if the issues I mentioned aren't addressed.
I had hoped that with RR having an economic background she might instigate some change and take action on these very obvious matters staring her in the face, yet so far there seems to be no sign of that at all. I fear she may be captured by the same party ideology that has wrecked the country to this point (whether it's been the Labour one or Conservative one, both have just compounded the damage over time).
We need politicians who make evidence-based decisions and address these key issues if we want rising living standards and security for the future for our children.
The one that is a short-term blindingly obvious win that the Government can fix overnight and reap economic rewards from within months is fixing the tax system as that's entirely within their control whereas changes to economic policy take time to feed through into the rewards being reaped. Still essential nonetheless, but for an immediate boost, any Chancellor with a brain would remove the tax system cliff edges at the budget! Yet from what's rumoured in the press she intends to entrench these further and compound the problem. I despair really. Then no doubt they'll scratch their heads and wonder why we have an evem larger trade deficit, skilled people retiring/ emigrating/ cutting hours. It's the Labour version of the Conservative Brexit "shoot yourself in the face as well as the foot, just for good measure".
If she had any sense her budget would drastically reduce the UK taper rate and raise the work allowance so people can earn more before the taper starts; and make child benefit, the personal allowance and 30hrs childcare funding universal again. And for God's sake don't mess around with pensions and discourage pension saving even further because that will not only raise future tax bills for us and our children but also decimate the already far too low levels of investment in companies that is essential for any prospect of growth. These measures would remove barriers to work and productivity and economic participation at every level and would more than pay for themselves.
But sadly - as with the Conservatives - I suspect this Government won't do what they need to do to improve life for their citizens because it's all about political point scoring (in whichever extreme direction the current Government is inclined) rather than pragmatic, evidence-based policy that will actually work.