PhD Buff Badger Dr 🚁

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PhD Buff Badger Dr 🚁

PhD Buff Badger Dr 🚁

@badger_buff

Politically homeless. Low tax, small state, pro freedom, pro markets lefty.

Katılım Nisan 2019
541 Takip Edilen148 Takipçiler
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PhD Buff Badger Dr 🚁
PhD Buff Badger Dr 🚁@badger_buff·
@ZackPolanski The state directs ~45% of GDP, creating and fixing problems. The wealthy aren't why houses are 8x earnings, why energy is so expensive, why there's such a disconnect between the tax we pay and the public services we get. Stop using the wealthy as a distraction from state failure.
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Tommy Williams
Tommy Williams@tommywill__·
@HuddlestonNigel Only two figures you need to worry about National Debt when the tories came to power 2010 - £1 trillion National Debt when the tories left power in 2024 - £2.6 trillion. We’ll never forget.
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Nigel Huddleston MP
Nigel Huddleston MP@HuddlestonNigel·
The devastating impact of a Labour government on business and families exposed in this article... "My payroll when I opened was approximately £8,000 per month, it's now hitting £18,000 in four years," says Emily. She's cut her staff from 18 down to 13 and says she is working 60-70 hours per week, paying herself less than minimum wage. A discount to business rates still in place from Covid will also end in April. "Somehow I've got to find an extra £7,500 a year out of nowhere," bbc.co.uk/news/articles/…
Nigel Huddleston MP tweet media
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PhD Buff Badger Dr 🚁
PhD Buff Badger Dr 🚁@badger_buff·
@trevgoes4th According to "taxation is theft and is only justified when it is the lesser of two evils", I think we're in the theft category.
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PhD Buff Badger Dr 🚁
PhD Buff Badger Dr 🚁@badger_buff·
@vulpine2020 So the people who don't use the clubcard are subsidizing offers for people who do? Or being penalised for not using one? The same price for everyone makes a lot of sense. Keep any redistribution in one place - tax and benefits system, and keep that as simple as possible.
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PhD Buff Badger Dr 🚁
PhD Buff Badger Dr 🚁@badger_buff·
@vulpine2020 People love this shit and obsessing over Money Saving Expert tips and tricks is a substitute to "work hard and get on" functioning. Maybe take all their distractions away and they'll focus on why it's broken and why they keep voting to make it worse.
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PhD Buff Badger Dr 🚁
PhD Buff Badger Dr 🚁@badger_buff·
@CreativeDeduct It's weird. When the free lunchers do their thing, the MMTers who know better either keep quiet or egg them on, rather than correct them. I don't get it.
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Creative Deduction
Creative Deduction@CreativeDeduct·
Polanski is on dangerously thin ice here. He's not an MMT scholar. He has picked up a few phrases to form part of an incoherent argument about how public spending shouldn't be constrained by the capital markets. This is why Modern Monetary Theory is so poisonous: it provides pseudo intellectual cover for reckless politicians. It needs to be challenged by people who understand the pitfalls of MMT's policy recommendations.
NEF@NEF

"We've got to stop equating the government's finances with a household." Zack Polanski speaking about government finances, austerity, and the problems with the UK's fiscal framework at our event this week

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PhD Buff Badger Dr 🚁
PhD Buff Badger Dr 🚁@badger_buff·
@GBPolitcs Maybe we couldn't actually afford to spend a further £70bn/year when the deficit is £130bn+... just a thought.
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GB Politics
GB Politics@GBPolitcs·
🚨NEW: The IFS has warned that the Middle East energy crisis has left Rachel Reeves with a shortfall of £20bn in her spending plans
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Michael A. Arouet
Michael A. Arouet@MichaelAArouet·
This is unreal. Believe it or not, in London parents are trying to reduce their income because they are better off earning £99k than £144k. The UK is on track to replace Germany as Europe's champion of absurdities. How is this even possible?
Michael A. Arouet tweet media
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Dylan Bantoft
Dylan Bantoft@DylanBantoft·
@Ye_Olde_Holborn I'm guessing he's not a Doctor of Political Science. Labour economic growth = what growth? Labour political stability = what stability? Labour record on inflation = higher than inherited Love these receipts. Keep them coming.
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PhD Buff Badger Dr 🚁
PhD Buff Badger Dr 🚁@badger_buff·
@PositivFuturist @trevgoes4th The one good thing about the left not talking about this more is that they haven't done it and spaffed the proceeds on lefty things. Think any discussion should include what we'd do with the money. Would suggest fixing broken income tax and stamp duty.
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Andy
Andy@PositivFuturist·
I don’t know why the left doesn’t talk more about pensions.. We literally have millionaires on benefits with brand new BMWs on their driveways.. living under the delusion that it’s money they paid in being paid back to them.
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PhD Buff Badger Dr 🚁
PhD Buff Badger Dr 🚁@badger_buff·
@MattPachent @PositivFuturist The contract where you pay for current pensions, and in return the state makes the next generation pay for yours. We should talk more about what can possibly go wrong with that.
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Matpac
Matpac@MattPachent·
@PositivFuturist They may not have paid into a "pot" but they paid the NI due on their salaries, which was the contract entered into. In the UK, we tend not to renege on those sorts of promises. THAT'S how it works, and it's very hard to see that changing.
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PhD Buff Badger Dr 🚁
PhD Buff Badger Dr 🚁@badger_buff·
@trevgoes4th @PositivFuturist It's a good question isn't it. If you attack universal benefits, you can't have people taking a keener interest in what exactly they're paying tax for. Another question is why the Tories didn't fold NI and income tax together.
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Alan
Alan@A1an_M·
It will take a sterling crisis and IMF bailout, I'm afraid. Now that the takers from the State far exceed the givers, a party pushing austerity cannot possibly win an election, or govern.
Liam Halligan@LiamHalligan

So the UK's 10-year gilt yield - the cost of government borrowing - is now up at 2008 levels. An 18-year high The difference is that, back then, UK national debt was 48pc of GDP, and now it's the best part of 100pc. So the debt service costs are much MUCH heavier. Of the £14.3bn the UK government borrowed in February alone, no less than £13bn of that was spent on interest on existing debts - a situation which is not only unsustainable, but very close to provoking a disastrous financial collapse. Yet still, our national discourse is all about more spending, more borrowing, more "state intervention". When is the Labour party – and much of the listless, unthinking rump of the UK's political and media class – going to start acknowledging reality? WHEN ....?

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David Webb
David Webb@DavidWebbTweet·
@cdslash The point was that Reeves took the credit when it rose above 10,000 even though it had nothing to do with her.
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Matt Loesby
Matt Loesby@LoesbyForIdaho·
@badger_buff @PositivFuturist Part of the point of the taxes is to prevent you from building up local networks which could resist centralized authority. The most important thing you can do is to build them up anyway, so that you can resist the taxes.
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Andy
Andy@PositivFuturist·
Given the impending bond market crisis, energy crisis, probable AI bubble burst etc.. What should we buy to survive?
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Matt Loesby
Matt Loesby@LoesbyForIdaho·
@PositivFuturist Invest in your local community; spend time and money improving the strength of institutions like your local church, scout troops, businesses, and charities. The ones that actually engage in the locality, of course.
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Keşfet

@tommywill__ @HuddlestonNigel @trevgoes4th @vulpine2020 @CreativeDeduct @GBPolitcs @NKozev @MichaelAArouet