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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.
The left always assume that anyone who is rich (apart from themselves) only became so, because of some type of crime...The left only get rich because they are criminals and they assume that everyone else who gets wealthy, is corrupt and wicked, as they are...
They don't understand free market economics...Nor patriotism....They hate people like Trump and Musk, because they are wealthy, but not so easily corruptable...And they hate "rich people" who inherited wealth, in spite of a sad alternative, in which wealth always goes to the state, after a person dies....Taking away choice from people.....
Yes, one can have the lefty mindset, if brought up in a country that has never encouraged free enterprise, self-employment and low taxes....
History does prove the correlation between low taxes and higher tax revenues and growth....Spot on....
Sometimes high taxes for the "rich" is considered a punishment, rather than a means, to assist state targetted expenditure, through fiscal revenues collection...
I would like to see the UK transformed into a so-called "Singapore-on-Thames," right on Europe's doorstep...lol
This is a nightmare scenario for globalism, which wants the UK "equal" and contained in a Euro-box prison, with identically poor inmates...
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