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Comments
And like Donald Trump, I have also noted the dramatic manner in which Boris Johnson transformed, almost overnight, from conservative patriot, to woke misfit...
Actor and GB News presenter, Laurence Fox, is the nephew of the famous actor, Edward Fox...
https://www.youtube.com/watch?v=tRwqi1pkLzw
Now this is proper Conservatism......With a big "C."
https://www.youtube.com/watch?v=4EissNeqEf4
https://www.youtube.com/watch?v=WaTjyIKp-_w
🐛🪲🐜🦗🐛🪲🐜🦗🐛🪲🐜🦗🐛🪲🐜🦗🐛🪲🐜🦗🐛🪲🐜🦗
https://www.youtube.com/watch?v=xQ4cBpKQJxA
One comes when pple don't have the money. So they don't buy a lot. The businesses shut down and fires employees etc. We say 'there is a problem in the demand side.'. We solve this by simply injecting more money in the economy, either through low interest rates, tax cuts or whatever.
There is another a bit more rare, especially in countries like UK. There are shortages in commodities eg fuel, food, microchips etc. This seems to be the situation in the world now. The reopening of economies after the lock downs created shortages. The businesses close down simply because shelves are empty etc. This is a problem in the supply, and leads to inflation. This cannot be solved by simply injecting more money into the economy.
And it seems to be a mindset, also....A mindset that the globalists are using against nations, that they want controlled and contained, as "equal partners" within a global one world government.....
Sorry, but I don't agree with you on this...
As for China I would like all manufacturing returned to the west....Globalism is not working and should be trashed....
Can tax cut necessarily lead to economic growth? No because the 'more money in the hands consumers' will boost economy only when the slowing is due to a problem in the demand side. But when there is a problem in the supply side, injecting more money in the economy is a wrong prescription. In the current situation, war in Ukraine, COVID, U.S- China trade war etc affected the supply chain, not the demand.