Funny thing is they all say the same bullshit. That they want to cut taxes "to allow companies to invest and kick-start the economy". The thing is, some of us don't have stunted short term memories. Some of us remember in 2017 when the Wall Street Journal had a meeting of CEO's and asked them when the Trump administration tax cuts were enacted, how many of them would use the tax cuts to invest in their companies, expand and hire new people and almost every single one them said no and that they'd pocket the money for their shareholders. And somehow I don't think there's a massive difference between US CEO's and UK CEO's.
Originally posted by jaden_2.0I'm guessing they gave it to the shareholders to pay off their debt to avoid inflation.
Funny thing is they all say the same bullshit. That they want to cut taxes "to allow companies to invest and kick-start the economy". The thing is, some of us don't have stunted short term memories. Some of us remember in 2017 when the Wall Street Journal had a meeting of CEO's and asked them when the Trump administration tax cuts were enacted, how many of them would use the tax cuts to invest in their companies, expand and hire new people and almost every single one them said no and that they'd pocket the money for their shareholders. And somehow I don't think there's a massive difference between US CEO's and UK CEO's.
That... didn't last long because we are seriously going to hit a recession and I can see it coming. It's almost set in stone that Sunak or Mordaunt will be the next PM with a general election likely to happen sometime next year after the boundary changes in April. This will only save a handful of Tory seats, but next Autumn, Starmer will inherit a huge recession with the Libdems, SNP, Plaid and the Greens giving him confidence and support. (I know it's supply, I'm making a funny in case you missed it.)
Dark times are coming.
Originally posted by jaden_2.0Well, no. In 2010 I was an ambitious 18 year old who made a series of bad decisions and was subjected to a lot of psychological abuse.
No they gave it to their shareholders to put in their offshore bank accounts.Dark times have been here since 2010. Have you not been paying attention?
That's why I spend most of time on the internet. haermm
Originally posted by jaden_2.0She's not my favourite. haermm
Well I'm 100% sure your new favourite Tory won't fund her tax cuts for CEO's by slashing your benefits and shuttering your mental health and rehab support facilities.100%
Sound mate
👍
Besides, I want a job. Liz Truss promises to boost the economy. That means creating jobs. After rehab, I'll be ready!
writer Afua Hirsch last year: “Imperial systems have always relied on the complicity of a small number of colonised people to invest in the status quo. Applies to the mental colonisation of today’s black Tories as much as the literal co-option of the black elites in the Empire. Nothing new. By design. But triggering AF.”
Originally posted by Old Man Whirly!I think Afua's state.e t quoted by me sums up Kemi (Britain's Candice Owen's) Badenoch beautifully.
writer Afua Hirsch last year: “Imperial systems have always relied on the complicity of a small number of colonised people to invest in the status quo. Applies to the mental colonisation of today’s black Tories as much as the literal co-option of the black elites in the Empire. Nothing new. By design. But triggering AF.”
Below a picture of Afua
From GQ...
Whatever the truth about the depth of Conservative diversity (there are 65 MPs from ethnic minorities, of whom 22 are Conservative, and 45 openly gay or bisexual MPs, of whom 20 sit on government benches), there’s no doubt some in the party have exploited race in the self-igniting (and now tedious) culture war. One argument against the Conservatives is that they cynically dispatch MPs of colour to rebut race- sensitive issues. Priti Patel being hawkish on immigration or the equalities minister Kemi Badenoch condemning the concept of white privilege drives the left nuts – and that’s precisely what it’s designed to do. However you feel about “The Pritster”, suggesting her actions should only be determined by either race consciousness (good) or internalised racism (bad) is a highly reductive position. They are more likely explained by the acknowledgment that brazen ambition is not exclusive to white men.
Guys, it would make no sense to cut taxes to the average consumer during a time of inflation as it will only make it worse. It's as stupid as printing out more money because people are having to pay more.
Cutting corporate tax would make Britain a somewhat tax haven for multinational corporations and encourage them to come to us, creating jobs and making the pound much more valuable to other currencies.
You can argue that they're going to put the money into their own private banks, maybe they will, but that will still encourage multinational corporations to come to Britain. As I've already stated,
Originally posted by BlakemoreAustralia, Canada and India are in the commonwealth. China, Japan, Korea, Mexico, USA and Indonesia are all very active in the Pacific and Indian oceans where Canada, India and Australia happen to be. France, Germany, Spain and Italy, I miss them already. (No seriously, I've been to all of those countries) but it's not to say multinational corporations in those countries still can't do trade with the U.K. A country close by that doesn't abide by E.U. laws. Konw what I'm saying?
Alright, I understand what you're saying. She's an elitist and you obviously don't like that. I mean, I get it, but I don't know how we can have an alternative other than a full revolution.These are the top 15 countries for GDP:
United States: $20.89 trillion
China: $14.72 trillion
Japan: $5.06 trillion
Germany: $3.85 trillion
United Kingdom: $2.67 trillion
India: $2.66 trillion
France: $2.63 trillion
Italy: $1.89 trillion
Canada: $1.64 trillion
South Korea: $1.63 trillion
Russia: $1.48 trillion
Brazil: $1.44 trillion
Australia: $1.32 trillion
Spain: $1.28 trillion
Indonesia: $1.05 trillionhttps://globalpeoservices.com/top-15-countries-by-gdp-in-2022/
The locations are pretty interesting. India, Indonesia and Australia in the Indian Ocean, China, Korea, Japan, Russia, Canada, U.S.A and Mexico in the north Pacific Ocean, and Britain, Spain, Italy, France and Germany in Europe. (Okay, we left Europe and Russia's being a dick, but these are the strong economies now.
I know I haven't mentioned Africa, but we have to move on from our colonial past.
Yes, I'm sure a lot of Brexiteers probably wanted cheap choc ices from Kenyan labour and hate the Belgian chocolate magnum because it's just a choc ice on a stick. Using that anecdote as a metaphor for a lot of the "good old days" and I understand your gripe with the Conservatives and rich minority conservatives but we don't live in a world of viceroys anymore.
Whenever we have these discussions about global trade Whirly, I keep asking you, what is the alternative?
The enormous potential value of the pound's purchasing power will keep prices low.
This is how economics work.
"Over 440 British companies have moved to or from the EU in recent years, most from London. According to an annual report published in 2012.Approximately 7,400 jobs have been moved out of London as a result of the Brexit vote, New Financial notes."
I don't get it. We were in the EU in 2012. 😕
"In 2018, studies published in the UK economy indicated that the Brexit vote cost the British economy 2% of GDP or 2% of GDP."
Seriously, who wrote this article?
Originally posted by Old Man Whirly!Date: Tuesday 26 February 2019 13:13
https://www.independent.co.uk/news/business/news/brexit-companies-leaving-uk-list-job-cuts-eu-no-deal-customs-union-a8792296.html
We were still in the EU at that time.
But hey, at least you're using google now. 😉
Originally posted by Blakemorehttps://www.reuters.com/world/uk/brexit-will-cost-uk-workers-470-pounds-year-study-predicts-2022-06-21/
Date: Tuesday 26 February 2019 13:13We were still in the EU at that time.
But hey, at least you're using google now. 😉
Etc.