Reeves sagt, dass die wirtschaftliche Wende Zeit brauchen wird und Farage „keine Ahnung hat“

Telling us Farage doesn’t have a clue is hardly news.

“What’s Nigel Farage’s answer on the economy? How is he going to make working people better off? He hasn’t got a clue. How’s he going to grow the economy? He’s not got the faintest,” she said.

Well that would make two of them

I’m no Farage fan, but Reeves and Labour simply aren’t credible voices.

Why then don’t they trim the fat of government instead of going after normal folk??

Edit: wow, the downvotes on this. Lol you guys must love paying taxes to the government for them to waste while they still get things subsidised (paid for by me/you). Or you a lot of civil servants who do bugger all?

People are expecting Labour to fix everything in 6 months. Yes, things aren’t going well at the moment. But we are talking about years of damage that needs to be fixed. Judge Labour after 4 years rather than 6 months.

This approach is worrying, the only thing that will stop him from being the next PM is positive results. They simply do not have time to be cautious, need to be bold.

Keir was harping on about windfall taxing for years when is this actually happening

Rachel Thieves will go down as one of the worst chancellors in history.

Are there examples of countries that managed to tax themselves into prosperity?

You certainly don’t either. You are just gonna drive up debt while blaming the Tories for every inconvience for the next 5 years.

Labour has the same issue that the Democrats in America have.

They believe the system works if the ‘right people’ are in charge.

The system is broken.

We need to move away from Shareholder Capitalism.

As Rachel from complaints/accounts wrecks the UK economy.

Who is she kidding.

I’m bored enough to let Reddit argue with me about this: austerity has failed, and it is taking the country with it.

As a result, I’m rapidly becoming convinced that the only fix is to pull out a pen and undo austerity.

So, for example, the government needs to unilaterally decide that all employees of state bodies like the NHS, Civil Service, Department for Education, etc. get a pay rise to bring them in line with inflation since 2008 or so, they need to borrow all the money to make that happen, and they need to do it yesterday. This varies from a pay rise of about 10-15% to a pay rise of 30-40%, depending on the sector. And then they should probably dump another 10% on top of that new salary, and commit to tracking RPI for the next 10 years on all pay bands. They should then also shift all tax and benefit bands back to where they should be.

This will fuck stuff like income tax for a few years, yes… but pay rises for the public sector are very cheap – 50% of the cost is immediately recouped from income tax, national insurance, and things like student loans. Another 10% will be recouped in VAT when these people *who by definition live and work in the UK because they’re part of the public sector* spend their money. Another 5-15% (depending on sector) is thrown into pension schemes, which is basically a form of investment fund.

Then they need to launch a huge hiring and training spree: start targeted employment of more people in education, healthcare, emergency services, and so on. Revert all cuts to things like the police force, fully fund the costs of a hundred thousand nurse studentships over the next 4 years, and start renationalising utilities and services that have been privatised (and put all of those people onto these shiny new inflation-tracked pay scales that are in line with pre-austerity salaries) such as the railways and energy companies.

And, again, I’m pretty sure that the vast majority of these things are *much* cheaper than it says on the packet. For example, schools being given an extra 50% funding for every enrolled student is going to spur local economies: the first 5-10 years of having this extra money is going to be a goldrush of work for every contractor and builder as schools fix their collapsing roofs and leaking gutters.

If we’re being radical, we should fund this by a direct wealth tax – UK billionaires have gained nearly half a trillion pounds since 2020. That’s half a trillion pounds that has been stolen from the workers of the UK through exploitation, and it is that theft which is the root cause of the issues in the UK (and, arguably, part of the issues that austerity has caused). A wealth tax would almost definitely fund all of these changes many times over without any meaningful impact on their lives.

I’ll admit that I’d benefit from this – I work at a university, and my salary would rise by about 30% if the government decided to restore the teaching grant on the condition that salaries were pegged back to 2008 equivalents – but the only way I’m ever paying back the *principal* on my student loan(s) is if this happens.

Or, in other words, Farage is a failing populist and nationalist wanker, and Reeves is a coward, like most neoliberals, and I’d like the rich to start coughing up money to improve my quality of life before society decides to beat it out of their headless corpses ala France 1799.

Farage does have a clue. It’s just his clues lead to him and his mates getting richer at everyone else’s expense and then blaming the left.

He’s not out to make our lives better.

The economic turnaround will take even longer because the Labour government sent £20 billion to African countries to help them pay for climate change. They are spending several billions more trying to stop illegal Vietnamese nail bar technicians and prostitute’s setting up shop in the United Kingdom.

So I don’t know anything about economics but as I understand it from these comments she’s doing a really really bad job. So what’s the actual solution? What objectively needs to be done to fix the economy and make Labour universally popular?