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There‘s no end to austerity with Starmer. He rather keeps cutting public spending than taxing the rich.

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[-] frazorth@feddit.uk 1 points 1 year ago* (last edited 1 year ago)

It's really sad that you are talking deceptive nonsense with so much conviction.

Governments of countries with sovereign currencies literally have no limit on how much they can spend. They cannot “run out of money”.

This means you are printing money, which devalues your currency. This leads to inflation, and will increase the cost of goods, and in your scenario would encourage more printing further causing issues.

You need to tax the rich, we need to make all wealth even if it's overseas liable to tax, and encourage new wealth generators, through new small businesses so that the spending is not concentrated and funneled up to a single group, and fix the manufacturing situation so that exports can bring in new money.

Promising spending without a plan is what the Tories do for their buddies.

[Edit] Taxing overseas wealth is something that would help us claw back some of the offshored tax havens that the royals, Cameron and Jimmy Carr take advantage of.

[-] tillimarleen@feddit.de 1 points 1 year ago

But does Starmer talk about taxation?

this post was submitted on 16 Jul 2023
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