A country’s debt isn’t the same as an individual’s, no matter what the Tories like to say about balancing the books and the like. At those rarefied heights it’s all a bit more… theoretical.
Things like austerity were less economically driven and far more ideological, it was all about shrinking the state. They always managed to scrounge up some giveaway to the rich.
Suffice it to say, after 10+ years of austerity most people in the country are poorer. The wealthiest people are much more wealthy though, which ends up tipping the scale - yet we still cannot afford to fund basic services properly. Train strikes, bin strikes, NHS strikes; and the only planned solution across the board is to lower our standards.
Starmer won’t make things worse than the Tories, but he for sure will take advantage of many of the new loopholes the Tories got away with exploiting.
Right wingers rant and rave about wasting money and balancing the books but manage to stack up way more national debt than left wingers. It’s just gaslighting. They believe that spending on poor people is a terrible waste of money, but spending on rich people and rich corporations is good because they know how to handle it, having had so much experience of being wealthy already. The poor just spend it. Admittedly that’s called growth in the economy, but everyone deserves a tax break, they think, especially those who pay so much tax.
A country’s debt isn’t the same as an individual’s, no matter what the Tories like to say about balancing the books and the like. At those rarefied heights it’s all a bit more… theoretical.
Things like austerity were less economically driven and far more ideological, it was all about shrinking the state. They always managed to scrounge up some giveaway to the rich.
Suffice it to say, after 10+ years of austerity most people in the country are poorer. The wealthiest people are much more wealthy though, which ends up tipping the scale - yet we still cannot afford to fund basic services properly. Train strikes, bin strikes, NHS strikes; and the only planned solution across the board is to lower our standards.
Starmer won’t make things worse than the Tories, but he for sure will take advantage of many of the new loopholes the Tories got away with exploiting.
And, I am sure they’ll blame the last administration for as long as possible.
Right wingers rant and rave about wasting money and balancing the books but manage to stack up way more national debt than left wingers. It’s just gaslighting. They believe that spending on poor people is a terrible waste of money, but spending on rich people and rich corporations is good because they know how to handle it, having had so much experience of being wealthy already. The poor just spend it. Admittedly that’s called growth in the economy, but everyone deserves a tax break, they think, especially those who pay so much tax.