I don’t think anyone seriously believes the £150k rate cut will “drive more jobs”. As you’ve pointed out in other posts, there are other measures that would be much more effective there. No, this was… (View Post)

I’m interested in You’re right. I just loathe it’s effect on people’s mobility and the distortionary impact on capital allocation. For example, I have two properties in the UK which I would likely ha… (View Post)

Not at all. I am a long term bore on reducing income tax and increasing wealth tax. I even responded “good” to the first rumours of stamp duty abolition. I would be delighted to see the 45% scrapped … (View Post)

No, my attitude is based on what works. Like Truss, but also Starmer, I’m desperate to see growth in the UK economy. Trickle down doesn’t work. Prioritising those over £150k doesn’t make sense. (View Post)

Krugman described the budget as “moronic” and has just posted that he can see a path to a 1976 currency crisis after all. (View Post)