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Jason E Cooper

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Jason E Cooper

Tag Archives: john maynard keynes

When has allowing the rich get richer ever helped the poorer aspects of society?

27 Monday Jan 2014

Posted by spideysaves in Economy, Politics, Social History

≈ 1 Comment

Tags

capitalism, greed, john maynard keynes, Milton Friedman, poor

imagesEd Balls has been criticised for saying he would increase taxation for those who earn over 150,000 a year, as apparently this would be an attack on business and discourage investment. Bollocks.

  • A company usually invests with it’s company money and this is dealt with by corporation tax, so that’s not relevant, and will skew HMRC’s figures that are used as evidence that more tax is received when the rich are taxed less.
  • Also rich people buying foreign sports cars, luxury yachts and  holiday homes doesn’t help this economy.

If someone earns 150,000 a year, I’m not too concerned if they have to pay a little more to ensure that other aspects of society can have help when required.

Again its a case of Keynesian economics vs Friedman’s free market – one favours the rich and the other tries to even up the balance. How can 85 people have more money than the poorest half of the world – does that not strike you as a little fucked up?

 

 

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Is George Osborne simply a revolutionary?

27 Friday Apr 2012

Posted by spideysaves in Economy, Politics

≈ Leave a comment

Tags

double dip, george osborne, john maynard keynes, my way, olympic fever, revolution, treble dip

Perhaps George Osborne thought it would be too easy to solve the economic problems; create jobs and growth which in turn would secure people’s financial well being. Oh no, George is ignoring tried and tested policies that are based on sound economic theory by John Maynard Keynes (if you look after the growth of business, a deficit will sort itself out), and other econmic scholars. George is revolting – I should end the sentance there really – against the system, he has just doesn’t understand that normally a revoltion is meant to free people from oppression and hardship not force them into it!

Yes we are in a double dip recession, but there is no Plan B, further cuts will be introduced, that deficit must disappear. You cannot get out of debt by simply not spending any money, you actually have to earn some – as you see this is where the issue is George hasn’t done a days work in his life (unless you count his days being buggered as a fag!). Olympic Fever is obvioulsy taking over our George who is taking his role as Chancellor very serious and is obvioulsy going for a treble dip or a quadruple dip recession, (bigger and better that a double dip), something never achieved before – not even by Norman Lamont. 

It’s all Labour’s fault, no, wait is the Euro crisis no, hang on everybody else economies are slowly growing, that’s it you either don’t know what you are doing or simply sticking two finger up to everyone else and stating “I’ll do it my way”. Lets face it you don’t have to worry about your own financial well being.

 

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