Chris Glover

@marcportermagee It’s mostly a benefit of being the world’s reserve currency.

In its own way, it’s kind of impressive that the US is the most prosperous country in the world when we are putting up numbers like this

@Samir_Qamar @SebastianCaliri Taxes in the US, UK, and Canada are all roughly similar for most people once accounting for all state and local taxes.

@SebastianCaliri Single-payer will never work in the US. To do so, each citizen will have to pay much higher taxes to essentially help their neighbor. I don’t see that happening.

Single-payer is not some untested theory. We have plenty of data from Canada. It is a great solution if you want to wait 28.6 weeks (~6.6 months) for an MRI or knee replacement. Pretending there is no trade off between cost control and timely access to care is unserious. Single payer can bound costs, but we cannot somehow spend less and receive the same thing in return.

@LStoerseth @willnorman Not at all. It reduces accidents, which reduces average journey times.

@willnorman It’s physically impossible for it not to impact travel times..?

The evidence of 20mph / 30kph making cities safer and having no impact on congestion or travel times goes far beyond just London:

@amredman @BoomerDivvies I’ve seen waste in private companies you wouldn’t believe. I saw a $100 million project cancelled near completion because it sent mixed marketing signals with a similar product. I worked on a $10 billion project that was cancelled because of opportunity cost.

@cdglove98 @BoomerDivvies We'll have to agree to disagree. Public and private sector waste are two entirely different animals. There is significantly less accountability on the public side.

What's an acceptable top income tax rate? What % do YOU think it's okay to make people pay? The top tax rate in B.C. (my rate) is 53.5% 🤯 And even worse, this rate kicks in at only $265,545 which is not very high. After that our govt takes more than half of every dollar.

@amredman @BoomerDivvies Anyone who’s worked in a senior or management position in a large corporation knows that government waste is comparatively small, it’s just more visible because it’s public.

Personally, I think the top income tax rate should be a lot lower, and kick in at much higher rates. Maybe 30% @ $500k+ Capital Gains inclusion rate of 50% sounds fine from there. - No AMT - No TOSI Yes, this means less revenue for the government. There is such an incredible amount of waste. I really think we need some sort of Doge style initiative to clean that up. But I know that's a politically impossible stance.

@CreativeDeduct @DickWinchester Start with the Jones-Klenow metric. klenow.com/Jones_Klenow.p… It’s basically PPP, plus some other corrections.

@cdglove98 @DickWinchester I'd be interested in the methodology. Do you have the research papers that show US GDP is overestimated by 30%?

Why is it so many Scots actually believe that our economy being half the size of Norway's and Denmark's is entirely acceptable and will continue to vote for the Unionist parties that made it happen?

@CreativeDeduct @DickWinchester Definitely data, but it needs to be corrected. I’ve already explained how GDP numbers are flawed when it comes to the US. So deduct roughly 30% and see where the UK lands then.

@cdglove98 @DickWinchester So what would your answer be if you were asked how you’d assess if Britain is richer or poorer than Florida? Would you use data? Or tell a story about what the two places look like?

@CreativeDeduct @DickWinchester I lived and worked in the US for 6 years. Whenever I’d visit Canada or the UK from there, everything was just a little bit nicer. It’s instantly noticeable. Yet by GDP metrics both countries are significantly poorer. It doesn’t add up.

@cdglove98 @DickWinchester These are IMF numbers. As with all statistics, it is possible to criticise, but it is not a totally unreasonable metric to look at.

@CreativeDeduct @DickWinchester Also healthcare spending. But none of that is real productivity.

@CreativeDeduct @DickWinchester But it’s possible to make the numbers look that way because US GDP is inflated by about 30% due to peculiarities in their economy; mostly FX and B2B spending distortions.

@CreativeDeduct @DickWinchester That the UK is poorer than every US state.

@cdglove98 @DickWinchester What metric is nonsense?

@CreativeDeduct @DickWinchester You know that this metric is nonsense, and yet you keep posting it. Why?

@joanithejourno @woyteck1 @X130468X @ElricSanor88 @ronin21btc @grok So answer the question. When is the right time start queuing? As soon as you know you’ll have to merge? If so, then why use the right lane at all, ever? After all, eventually it won’t be there.

@cdglove98 @woyteck1 @X130468X @ElricSanor88 @ronin21btc @grok You’re just like the pusher in, turning up late and expected to be accommodated ignoring what’s already there in front of you. I’m not wasting my time on you.

Can we just normalise using both lanes

@joanithejourno @woyteck1 @X130468X @ElricSanor88 @ronin21btc @grok Why don’t you move right to use some of the otherwise unused road?

@cdglove98 @woyteck1 @X130468X @ElricSanor88 @ronin21btc @grok I wonder where people like this acknowledge the second lane promptly fills up with newcomers who haven’t been waiting patiently in THE QUEUE or people from the back on the left trying to get to the front BY MOVING INTO THE RIGHT AND PUSHING IN as seen in the actual bloody clip.

@woyteck1 @joanithejourno @X130468X @ElricSanor88 @ronin21btc @grok I wonder where people like this think the second lane should start being ignored. 1/4 mile back? 1/2 mile? 5 miles? Where? Just use both lanes as far as possible otherwise there’s wasted road out there!

@joanithejourno @X130468X @ElricSanor88 @ronin21btc @grok You are thick, aren't you? Where both lanes are in use, there will be no place for people who, according to you "jump the queue".

@malcolm_reavell @DavidMcNab17 @timleunig @meadwaj That’s workable, but same problem: highly skilled, highly paid roles that are an export will just be moved overseas. Maybe that sector is small enough that for the overall sake of society it’s a net benefit, but I doubt it.

@cdglove98 @DavidMcNab17 @timleunig @meadwaj Yes, That’s what happens now. The whole idea is unworkable. What we need is a return to 1950s tax brackets. Anything over £100k a year gets taxed at 98% or whatever it was. That automatically sets a differential.

I have never earned £300k, but I imagine a national £300k annual wage cap would lead a lot of well paid city folk to leave for Frankfurt or NY, massively reducing UK tax revenues and requiring austerity. Bad idea @meadwaj !

@DavidMcNab17 @malcolm_reavell @timleunig @meadwaj That’s not what would happen though. Instead it would just be outsourced to a third party such that instead of working directly for whatever company, they’d be working for some vendor.

@cdglove98 @malcolm_reavell @timleunig @meadwaj Cleaners at Apple getting £50k. I like it. 👍🏻

@malcolm_reavell @timleunig @meadwaj That’s a different matter, that I get, but high skilled labour that’s effectively an export and exists here primarily because of the talent pool might find that talent pool is smaller because talented people will follow the money elsewhere.

@cdglove98 @timleunig @meadwaj If the billionaire wants to close their business that’s another matter. But they likely want to keep its income, or they could sell it. If this happens, who can afford anything for sale in the currency of the country?