asterisk2a + r&d + tbtf   2

George Osborne vs John McDonnell - Treasury Questions - YouTube
"economic security for the country (& working people)" out of the mouth of Mr "Judgement Call" (that is what the tax credit cuts are, according to him, in front of select committee in house of commons hearing on the matter. // As if 12bn have no multiplier. 12bn for the corporate sharing it amongst their shareholders who have already bns, there is no multiplier at all. it just moves the digit after the comma. For the poop it is about paying for heating and new shoes. stupid. could afford welfare bill if corporates were to pay their fair share of taxes and not avoid and evade and no corporate welfare like for the steel industry (picking winners). = Show of Career Politician with some ideoligy and dogma and no principles. HE IS A MERCENARY. NOT A VISIONARY. A Career Politician. Calculated. Opportunistic. No long-term view. // IFS did say, in case of austerity, private sector has to pick up the slack. And it did since 2010. And new figures in household debt/credit card debt shows that.
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october 2015 by asterisk2a
UK slips down world competitiveness league | Business | The Guardian
World Economic Form says the UK’s weakness include the budget deficit and the quality of its education system [...] “Where the country falls short is in its macroeconomic environment, where government debt and the budget deficit conspire to place it 108th out of 140 countries. It could do better, too, with the quality of its education system (21st) and maths and science in particular (46th) – both long-term problems,” [...] It also issued a warning about the health of the global economy, saying “a ‘new normal’ of suppressed economic and productivity growth and persistently high unemployment is damaging resilience and leaving the world vulnerable to another protracted slump”. It called on countries to “step up their efforts to re-accelerate economic growth”.
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september 2015 by asterisk2a

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