James

Total government spending in the UK for the financial year 2019/20 was £889 billion. Total government spending for 2025/26 is estimated to be £1,368 billion. You simply can’t tax your way out of this level of spending growth.

Rich people will buy another citizenship and renounce their British citizenship. People will just move before the exit taxes comes into effect. If there is any substantial rumblings about anything like this, people will start moving. People are already moving. No foreign entity will touch British investments in a month of Sundays if start stopping capital flight.

Problem with this interview is Paddy doesn't fully understand the topic. Wealth taxes reversed when not implemented effectively. Worried about rich leaving? 1/Like US, ask UK citizens who live or move abroad to file tax return and pay any tax due on UK assets. 2/ Exit tax too

@TradAdvocate Poverty just called, it wants to know when you’re coming to visit.

I'm advocating for teen pregnancy. There's nothing wrong with getting married in your late teens and having your first baby at 18-19.

@levelsio How are you doing authentication/authorization on the API? Your method is OK for a tiny business but big business requires proper SLAs and HA.

All you really need today to build a business is 100% free open source software that charges you $0/mo + a VPS server + an API to do some required AI stuff + some R2/S3 file hosting They don't want me to tweet that because it destroys their businesses but I can't lie to you!

@normanbluecoll1 More engagement for the bad faith grifter, yay.

Gary's arguments are now dominating the economic agenda. Well done Gary.

@lightray55 @sears_john35429 @NoahRevoy Good luck making an organic connection if you are single in 2026. There are very few places left where you can meet the opposite sex in a socially acceptable way.

@sears_john35429 @NoahRevoy Bank accounts, houses and children, do not a happy life make. Empathy and connection however - priceless.

Millions of millennial men got married following boomer-coded advice from their parents, only to discover ten years later that the rules had changed, their wives were feminists, and what their fathers generation considered doing a great job as a husband and father was now considered insufficient by modern women. Now they are all getting divorced. It is a massive civilisational tragedy.

@jcmustian @NoahRevoy They’re even worse here in the UK. They robbed all the younger generations using socialism to fund their pensions and healthcare.

@NoahRevoy Boomers reaped the harvest of a civilization and then set it ablaze.

@KCHWaletHolster @NoahRevoy A lot of men won’t swipe right on feminists. Hopefully, they won’t get an opportunity to reproduce.

@NoahRevoy We need real screening tools for rooting out feminists. They should not be allowed to reproduce.

@celticpopulist2 @NoahRevoy Orchestrated by whom?

@NoahRevoy It's actually an orchestrated civilizational destruction. Absent a common sense, functioning culture, this is where you end up.

@alexanderrX_ @eng_dad Put the UC crowd to some use, it will be good for them.

@eng_dad Harsh penalties and litter picking should be mandatory for people who do petty crimes

We need severe penalties for littering. A disgusting indictment of a failed state.

Look into how it’s funded. The money you pay in tax for it doesn’t go in a pot, the money is spent straight away. You get an IOU for later. The government pays current pensioners out of tax revenue. This means that as the population ages, they need to adjust the pension age, otherwise there won’t be enough economically active people to cover taxation. You can make as much noise as you want, they can’t help the ageing population. I appear to be 1 year older than you, getting it in 2057. I am planning on not getting it altogether. I think it will be means tested within the next two decades.

I'm due my State Pension in 2058. At this rate, I've got no doubt the pension age will be 70–72 by the time I get there. What kind of retirement is that? People my age should be making a lot more noise about this. If we stay silent now, we'll be the ones paying the price later.

@SatoshEh @redseaforlife @BradleyKellard Yes, when you have a team, it’s a team effort.

@JamessMusings @redseaforlife @BradleyKellard So basically when a business owner hired their first staff they no longer can take full credit for being successful. 🤣😂

Jeff Bezos: "I've created $2.1 trillion of wealth for other people." "Somebody needs to make a list where they rank people by how much wealth they've created for other people." While talking about his net worth, he floated an idea that flips the whole concept of a "rich list" on its head. He did the math live, right there on stage. "Amazon's market cap is 2.3 trillion today. I own about 200 billion of it." "So if you take 2.3 trillion and subtract out the piece I kept for myself, then I've created something like $2.1 trillion of wealth for other people." That's not a typo. Trillion, with a T and it's not even his money. "That should put me pretty high on some kind of list." He didn't stop at himself, either. He immediately named who else deserves a spot at the top. "People like Jensen, Nvidia, he's going to be very high on that list." "That would be a pretty cool list. Somebody should do that list."

Poverty is mostly down to people that shouldn’t be having children, because they’re dirt poor, having children. We have a benefits system to deal with that, as best we can. Of course, there’s no relation to billionaires. Childhood poverty is one of the strongest predictors of adult poverty. Big families and lone-parent families at higher risk of poverty. There is a strong correlation between lack of educational achievement and childhood poverty. Lack of educational achievement then impacts chances of employment, sector of work, and employment type; other big determinants of poverty. Other than this, disability and ethnicity are predictors of poverty. Poverty tends to come AFTER children due to factors like relationship breakdown and job loss. Lower income women have children earlier and more of them, before they have built financial stability. In other words, people that grow up in poverty, have children before they are financially stable, then end up back in poverty. Pure act of selfishness. Contraception is a thing. The only way we can fix it is handing large amounts of money to people that have children. We don’t have the money for that; taxes would be astronomical and cause economic woes. Why should we be taking money off responsible hard working people, to give to people that have babies before they’re financially stable?

@normanbluecoll1 Over the past 15 years the number of billionaires has risen sharply and the number of people living in poverty is remarkably stable… especially given the massive immigration wave. It’s as if the lives of billionaires have nothing to to with poverty. The data is here…

Gary is spot on.. Tax Billionaires and Ultra Rich. How deep does your analysis go?

@redseaforlife @BradleyKellard You can flip that logic in reverse. Bezos wouldn’t have a company without employees. I’m not saying he doesn’t deserve a lot of the credit, just not all of it.

@JamessMusings @BradleyKellard Those employees wouldn’t have jobs without his dedication, execution, and taking risks.

@Handre Every Marxist I have ever known has been a lazy bastard. Some have been clever and principled. Always lazy though.

Karl Marx spent his life explaining an economy he never once participated in. He wrote *Das Kapital* in the reading room of the British Museum, subsisting on handouts from Friedrich Engels, whose family owned the very factories Marx despised. But that irony is the least of his problems. Start with the labor theory of value, the rotten foundation holding the whole structure up. Marx claimed a good's value comes from the socially necessary labor time poured into it. Sounds tidy. It collapses on contact with reality. You can spend forty hours hand-carving a mud pie and it remains worthless. Value lives in the mind of the buyer, not the sweat of the maker. Carl Menger settled this in 1871 with the theory of marginal utility. Value is subjective. A bottle of water sells for pennies in Vienna and for a fortune in the Sahara, and the labor inside it never changed. Once subjective value stands, Marx's "surplus value" story falls with it. He insisted the capitalist steals the gap between what labor produces and what labor gets paid. But the worker gets paid today for output the entrepreneur sells months later, at a price nobody can guarantee. Eugen von Böhm-Bawerk named this correctly: the capitalist advances wages now and shoulders the risk of loss. Time preference explains the wage gap. That is not theft. That is a service, and workers line up for it because they prefer a paycheck Friday over a gamble that pays off next year. Then there is calculation. In 1920 Ludwig von Mises demolished the socialist project in a single stroke: without private ownership of capital goods, you have no market prices for them, and without prices you cannot calculate whether building tractors or grain silos wastes resources. The planner flies blind. The Soviets proved it for seventy years, producing shoes nobody could wear and steel nobody needed while people queued for bread. Twenty million dead in the process, give or take a census. Marx predicted capitalism would immiserate the worker until revolution. Instead the worker got refrigerators, antibiotics, and a smartphone with more computing power than NASA had in 1969. His theory failed the exam. Every single question.

Half a million? It’s not enough. Everyone should walk away from the BBC

For factories to be viable in the UK, we’d probably have to re-consider minimum wage. There’s just no way UK workers can compete with a factory in Vietnam that costs 90% less. Not having a minimum wage is too close to slavery, in my opinion. People are already working on AI enabled factories that might be viable in the West. That won’t employ many people that aren’t very skilled, though.

I have spent nearly two decades in private equity, talking to investors across the world. I cannot name a single one who would build a factory in Britain today, with net zero hanging over every calculation of energy costs. Such a plant would be uncompetitive on day one. And the idea that every Briton can be a banker or a coder is not a serious position. Every country needs jobs for engineers and skilled workers. Britain is no exception. Abandoning net zero is a step towards creating those jobs. Is there room in the Conservative Party for those who champion net zero — and, in effect, the deindustrialisation of Britain? The party, through its leader, has just given its answer. I think it is the right one.

@sweetchongus @reddit_lies I’m not arguing it isn’t happening. I walk out my front door and I can see it happening. I just don’t think the government is doing anything to encourage it. I just think they’re being leftist morons.

@JamessMusings @reddit_lies Look at a chart showing the % of white British in the UK, 1990s vs now, that's all you need to see, no more mental gymnastics is needed... It's happening, right before your eyes. The only argument is it intentional or not...

Extremely rare Reddit W.