Reply to post: Re: This should make people happy

Too bad, contractors: UK government reverses decision to axe IR35 tax reform

codejunky Silver badge

Re: This should make people happy

@Graham Cobb

"The world is having a deeper recession"

Yet with the pro-growth policies we were expected to have less of a recession. Her pro growth plans wernt necessarily bad, they were to a point better than what we have been doing. Windfall tax isnt a great idea, the policies up to now have brought us this situation and she now proposes to build more windfarms! Madness! The tax cut for the rich seemed mostly self funding with possibly a short fall of £2bn, yet keeps the rich here to spend. Trickle down was the insult used for economics which has been shown to have worked and outside the straw man version actually works.

"at a time of global economic crisis"

And the reason for such economic crisis is a severe failure of the obvious for a couple of decades at least. The BoE and treasury (and the equivalents elsewhere in the world) have been spending like drunken sailors and reducing interest rates desperately to push up inflation. Now we have it coinciding with expected self inflicted recession. Breaking away from that and actually trying to resolve the issues is the only way out of it. Instead we will go back to what we have been doing and making things worse.

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