Given the total mess inflicted by the dual curse of Covid and Brexit, I could hardly blame anyone for fleeing Westminister's control if they can.
I go back-and-forth on HS2, but at the moment believe it is outright wasting money (costs are ballooning way past projections) and also won't actually benefit infrastructure outside of London much - especially in the first phase. Birmingham to London is well-covered - this money would be better-spent modernising our aging infrastructure outside of this existing well-travelled route.I am not anti HS2. It is a very expensive project, but it totally the sort of thing we should be doing. Compared to the heathrow expansion or more roads putting in modern public transport has to be a good thing. It does sound like they are destroying Euston Square Gardens for a temporary taxi rank, which seems a bit pointless.
Yeah, for some reason the UK exchequer decided on the most awkward way of handling tax, that no other country uses. I cannot quite understand why, I do not see anyone being helped by this.Apparently, e-commerce is wrecked. From 1st Jan, UK buyers have had to pay taxes and exorbitant fees (courtesy of shipping companies) on online purchases. Lots of whine from UK buyers and, inevitably, they get asked: "Did you vote for Brexit?"
Wonder how many of them did.
From 1st Jan, UK buyers have had to pay
taxes and exorbitant fees (courtesy of shipping companies) on online purchases.
Yeah, for some reason the UK exchequer decided on the most awkward way of handling tax, that no other country uses. I cannot quite understand why, I do not see anyone being helped by this.
That really depends on how (in) elastic demand for such ‘stuff’ is.UK has a trading deficit. If Chancellor makes it more expensive to import stuff, deficit declines.
Protectionism is supposed to help domestic industries grow, but that usually also requires other policies to support the effort. What are the chances the Tories are gonna implement those? Who does deregulation help most?
The Laugher curve.I think it is not as simple as: "more deregulation helps business" !
I think it is not as simple as: "more deregulation helps business" !
When leftish people start singing that tune without specifying and discriminating sectors and kinds of regulations, they in fact sing in the UK a Tory tune.
For example, with enough domestic trade protection higher labor protection drives higher labor productivity, enabling shorter working weeks, earlier retirement or more prosperity.
The worst thing that can happen is that a country stops investing enough in human skills and machinery because labor is cheaper anyway (from reduced labor protection and low wages).
Uh, no. That's not what I was driving at. Deregulation helps certain business most (hint: they're traditionally located at Bank), and likely not the industries you're supposed to help.
You can impose tariffs as a populist measure and also deregulate to help your cronies. That's the way the populist right is headed these days (harking back to the old fascist days?).
Oh yeah, that's for stuff from the EU, for which UK buyers are used to enjoying good prices.
That really depends on how (in) elastic demand for such ‘stuff’ is.
Protectionism is supposed to help domestic industries grow, but that usually also requires other policies to support the effort.
What are the chances the Tories are gonna implement those?
For example, with enough domestic trade protection higher labor protection drives higher
labor productivity, enabling shorter working weeks, earlier retirement or more prosperity.
The worst thing that can happen is that a country stops investing enough in human skills and machinery
because labor is cheaper anyway (from reduced labor protection and low wages).
A large part of the UK economy opted out of such investment years ago, choosing instead
to employ Poles, Portuguese, Romanians, Bulgarians; and migrants from the third world.
About "Before 14" FNV [the big trade union] is campaigning nationwide to increase the legal minimum hourly wage from 10 to 14 euros. By increasing the minimum wage, benefits, state pension and social assistance benefits will automatically increase. After all, these are linked to the minimum wage. The campaign is now being conducted in 60 cities and several organizations, including De Goede Zaak, have joined the campaign. More and more national politicians and parties are also advocating an increase in the minimum wage. Recent independent research by I&O Research commissioned by the FNV also showed that more than 70% of all Dutch people, despite the current crisis, are in favor of increasing the minimum wage to € 14 per hour.
https://www.salarisnet.nl/loonzaken...5.2058412361.1611771223-1952131375.1611771223