Peter McCormack 🏴‍☠️🇬🇧🇮🇪

Host of The Peter McCormack Show, Chairman of @realbedford, retired rapper, grifter, budget Ryan Reynolds.

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

How Americans see me v how Brits see me

[ℝ𝕖𝕥𝕦𝕣𝕟 𝕠𝕗 ℝ𝕠𝕞𝕖 @return_of_rome]

Nayib Bukele: “There is no State that cannot defeat criminals. If a State does not defeat criminality, it is because the State is complicit.” @nayibbukele

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

@Bushra1Shaikh Why are you ashamed of your ancestry?

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

If there was no free healthcare and no free education and a new government came in and say "hey everyone, we are now going to provide healthcare and education for free", what do you think will happen? Large numbers will move across to the free service - hence, free drives up demand.

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

Competition drives cost down.
Free stuff by the government drives up demand without increasing supply. Government then prints money, which drives up costs again through inflation.

[Uzi @UziCryptoo]

CAN SOMEONE EXPLAIN THIS TO ME LIKE I’M 5 YEARS OLD

Why do unsubsidized consumer goods like TVs, appliances, clothes, all get cheaper and cheaper…while anything government puts its hands on, healthcare, housing, food, tuition, cars, utilities…just gets more and more unaffordable?

make it make sense

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

@ChelseaBridgeWh @BastiatSay Yes, in a free market, things are very simple and thus competitive drives innovation and efficiency.

When it is the government, it is not a free market, hence why prices usually end up being higher and quality drops. Again, just compare private healthcare to the NHS.

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

@ChelseaBridgeWh @BastiatSay This is not an ideological discussion, we're discussing the original post, whereby the person asked why certain products get cheaper and other services get more expensive. We're explaining the economics of this.

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

There was no shouting. Just a short paragraph. The evidence of the claim is econ 101 - supply and demand.

So when healthcare is free, people will go the doctor or hospital whenever they choose, there is no price friction which makes them consider, do I actually need to go to the doctor today, hence this is the demand side. As there is no market pricing, there are no indicators for how much they should invest in the supply side, hence waiting lists. Now look how the private healthcare sector works.

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

@ChelseaBridgeWh You did not engage with the argument, you're welcome to. I will await your reply.

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

@samstreetwrites @BerkoFC Both penalties were a disgrace. You can make an excuse for the first one at full speed, but after he would have known, to then give the second...

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

Spending circulates wealth while investment and productivity create more of it. Welfare is just circulation, whereas earned income drives productivity and wealth creation. We want more of the latter.

[Jen Wood - est optimum simpliciter @unojen_wood]

I am sick to death of hearing 'we pay billions in welfare' like it is paid out and disappears into thin air. People on benefits do not put their money offshore - they SPEND it back into the economy.

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

@TyKeynes We don’t have free market economics. We have a system of subsidies, favours for the rich, lobbying and political / corporate interests.

[Adam Smith Institute @ASI]

An important announcement from the Conservatives.

As Westminster debates welfare savings this week, our Welfare Sustainability Tracker shows London is the only major city in England and Wales where income tax and NI receipts exceed welfare spending. 👇

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

@CDevane89 @PlymouthPFC Ref is a useless berk

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

The state is heading towards bankruptcy.

@RupertLowe10 is back on the podcast to discuss the financial position of the government.

Full episode below 👇🏼

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

Okay, firstly I reject your setup, agreeing with what? What do you mean by study, have I read the manifesto, sure. Have I read Capital, some of it, have I studied it, define study.

Next, didn't come away agreeing. Agreeing with what, every single thing he said? No, I don't agree with everything he said.

Is some of his analysis correct, he was right that wealth can concentrate power, but communisms eventual liberation of workers is obviously dumb and we now have 10's of millions of graves as proof.

You have to remember when this was written and where we are now. Even in the UK, the working class have universal healthcare, education, own property.

Is there some predatory, shitty parts to capitalism, sure. Is communism a better model for workers, no. Firstly, it can never work because it requires coercion, central planning and still sends workers into shitty environments. Eventually collapsing on itself.

I an excuse a child without a fully developed brain for being a Marxist, an adult, I question what has gone wrong in your upbringing to believe in something that can't work and has never worked.

Can we look to built a better and fairer society, definitely and for this we should consider some of Marx's more important points regarding wealth and power. But stupid shit such as his labour theory of value is for idiots.

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

@michaelmezz @IsabellaMWeber Who is this moron? Appears to have skipped over the starvation under communism.

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

@JonWiltshire_ No we haven’t.

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

@ZubyMusic 🧡

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

Wins the Internet today

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

@NorfolkGTI @GBPolitcs @Telegraph Instant follow