I agree.
There's dark clouds all over the world just now. So the economic landscape could be radically different in 12 months time.
The left though here in the UK will just scream for the rich to be more heavily taxed as that'll produce the answers and money to solve all the issues.
Caught up with a few mates this weekend over a few beers. One a civil servant who told us his working week will be reduced later in the year to 32 hours. Very nice of the Scottish Government to help his work:life balance on the public purse. The rest of us all self employed working longer hours for less pay since Covid etc were kind of in amazement. One a long term SNP voter said that was him done ever voting for them again.
Folk in the real world have had enough.
Public sector work far fewer hours than private, never mind self employed. I mean a nominal working week is just the start of it - that’s a meaningless concept in the private sector other than perhaps in call centre type scenarios.
It’s not that that’s good, but it’s required to pay for the public - it was particularly galling in the 00s when Brown was beggaring the country in a way we haven’t recovered from to lavishly reward the public sector, while screwing private pensions and importing lots of wage deflating labour.
Of course the retort from the beneficiaries is that this is regrettable us and them politics, and maybe it is, but it was government policy that established the division.
And the chickens have long come home; the economy is buggered six ways to Sunday, the public sector now itself stares at the offshoring reaper, and the only people making hay are the already wealthy, turbo charged by the low interest rates required by the impoverishing buggers muddle that underpins the modern state.
I actually believe Starmer and Reeves would like to change it but I don’t think they can. As I’ve said before, the crowing over Liz Truss’ demise was ironic on the part of people whose ‘go to’ is that a national budget is not like a household one. The Truss debacle definitively destroyed that delusion to the applause of its advocates, possibly too illiterate in respect of the real world to even appreciate the fact. Starmer not only has to face the markets, but also the left, whose priorities are every bit as antithetical to labour interests.
I think his heart is in the right place but he has no chance.