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> The UK needs to radically reduce its social safety net and simultaneously cut taxes, at least for new companies and small businesses. The only way out is real
by silverquiet 1y ago
> The UK needs to radically reduce its social safety net and simultaneously cut taxes, at least for new companies and small businesses. The only way out is real, sustained, long term growth and innovation. Stealing ever more of a shrinking pie is already running out of steam.
I was under the impression they had done that already.
https://en.wikipedia.org/wiki/United_Kingdom_government_austerity_programme https://en.wikipedia.org/wiki/United_Kingdom_government_aust...
Though one can't help but think it wont be radical enough for conservatives until we simply dispose of those unable to work through some dystopic mechanism or other.
- adammarples 1y agoThis was a long time ago. Since then we've been running full speed in the opposite direction.
- ojno 1y ago(from the linked Wikipedia article) > Coalition and Conservative governments in office from 2010 to 2019 used the term, and it was applied again by many observers to describe Conservative Party policies from 2021 to 2024, during the cost of living crisis. 2024, last year, is "a long time ago"?
- adammarples 1y agoPeople use terms, they're often wrong. The last few years since 2019 we've been breaking ever greater records on state spending and borrowing, this is not austerity.