Austerity in action. The poor have to tighten their belts to make sure the rich get to keep their money after gambling with it and tanking the economy.
The problem is the need for growth. By moving money from the poor to the rich, who then use it to create paper profits. That leads to growth, which politicans love. The issue is that it is only paper profit so basicly a bubble, so when Brexit started a decline in the real British economy, that bubble has to burst. However that really hurts the rich. So no way the current conservative government does it.
The Uk like all rich developed nations need to realize that they are rich already, so they need to protect that wealth. So the key should be to take the wealth from the rich, use it to invest into infrastructure like railways, buildings and the electrictiy grid. That means higher wages for the working class, which actually lifts up the poor. Due to higher taxes, it however also hurts the rich, which hurts the economy. So you end up with no GDP growth for a long time, but a lot stronger and healthier eonomy.
Austerity in action. The poor have to tighten their belts to make sure the rich get to keep their money after gambling with it and tanking the economy.
To make sure the rich get to keep making more money.
The problem is the need for growth. By moving money from the poor to the rich, who then use it to create paper profits. That leads to growth, which politicans love. The issue is that it is only paper profit so basicly a bubble, so when Brexit started a decline in the real British economy, that bubble has to burst. However that really hurts the rich. So no way the current conservative government does it.
The Uk like all rich developed nations need to realize that they are rich already, so they need to protect that wealth. So the key should be to take the wealth from the rich, use it to invest into infrastructure like railways, buildings and the electrictiy grid. That means higher wages for the working class, which actually lifts up the poor. Due to higher taxes, it however also hurts the rich, which hurts the economy. So you end up with no GDP growth for a long time, but a lot stronger and healthier eonomy.