Francis Loveday

Author of ‘Our Two Democracies’

[Francis Loveday @LovedayWrites]

1 in 5 children with special educational needs is a red flag for fraud.

We desperately need a reset of government spending.

[UK Decline Statistics @UKDecline]

https://t.co/TqM25LwvmC

[Francis Loveday @LovedayWrites]

Incorrect.

If it outruns tax receipts, the only option is to print. The printing is the devaluing of the money. If you print wrecklessly, you give the message that your currency is worthless, and you deliver high inflation.

High inflation attracts higher interest rates and you go into a debt spiral.

This is basic stuff.

[Francis Loveday @LovedayWrites]

Once money is unpegged from gold, its value is based on trust. We agree it’s worth something with the people who accept it.

If our own government decide that it’s worthless - that they can print as much as they want - then everyone else agrees it’s worthless and the currency has no value. No trust.

The illusion of value disappears in a puff of smoke.

[Francis Loveday @LovedayWrites]

@saltedfishdivin @hulsey_ryan @beyond_capital Then why is everyone arguing about the symptoms all the time?

Over regulation of building and mass migration has driven a mass rental class.

Fix the causes. We should be relentlessly hammering this point home.

[Francis Loveday @LovedayWrites]

@Heccles94 No Harry, they are left wing, you’re just comparing them to the radical far left wing.

If you look the other way, you’ll find there is nobody there.

[Francis Loveday @LovedayWrites]

@saltedfishdivin @hulsey_ryan @beyond_capital The alternative to widespread rental properties is building more homes so nobody needs to rent.

[Francis Loveday @LovedayWrites]

Only if the people diagnosing the symptoms do it correctly and proscribe the correct medicine.

Unfortunately, the Labour government and many of the electorate have been brainwashed into believing the answers lie in failed 20th century ideology.

We have a long road ahead to unwind that view.

[Francis Loveday @LovedayWrites]

This is such nonsense @heccles94.

The people who run businesses can be overthrown by you, personally. You just stop consuming their products. If enough people agree with you, they go out of business. You could do that tomorrow. That means that they are both electable, and able to be dismissed.

How do you overthrow the BBC? Not just the leaders, but the entire institution. They cannot be, because you are pressured into paying the licence fee.

The problem with water companies is that they have not had appropriate standards set by the regulator. If they get nationalised, there is no more money to spend. They will be run on a shoestring.

The only thing that has raised the standards of working class communities is a strongly free market with fervent competition.

All socialism has ever delivered is death and decay. You are living in an ideological dreamland.

[Francis Loveday @LovedayWrites]

This guy doesn’t even understand the basics of taxation: https://t.co/2PZk15p8Me

[UNN @UnityNewsNet]

Gary Stevenson set to be appointed as an 'Economic Adviser' in a new Andy Burnham administration.

[Francis Loveday @LovedayWrites]

@UnityNewsNet This guy doesn’t even understand the basics:

https://t.co/2PZk15p8Me

[Francis Loveday @LovedayWrites]

@Heccles94 Would he have gotten a refund Harry?

[Francis Loveday @LovedayWrites]

I don’t know how I feel about this.

Firstly, high property taxes in london are largely a trap. People are now stuck in their homes after years of mass migration driving up prices.

I would in theory ‘lose out’ but not by a long shot if you include the stamp duty you avoid that is currently preventing me from moving.

Would this also kill Mansion Tax? If not, that is spiteful in the extreme.

How long until this is used to start ramping up the lever?

[Moving Home with Charlie @moving_charlie]

Andy Burnham supports the Fairer Share campaign’s proposal to replace Council Tax and Stamp Duty with a Proportional Property Tax (PPT) at a flat 0.48% of current property value.

The £1,200 initial annual cap on increases and claims that 77% of households would save (average £556) match details from the campaign and recent analyses showing benefits for most lower- and mid-value homes.

High-value properties, especially in London and the South, would face higher bills, potentially shifting billions northward, while second homes and empty properties pay double (0.96%).

We need more details. This has the potential to have a big impact on the housing market.

[Francis Loveday @LovedayWrites]

Not only are Labour signing up our kids to a boat load of debt, they’re taxing their future too.

Won’t somebody think of the children!

[Francis Loveday @LovedayWrites]

There’s a fashionable idea gaining ground in Westminster: that Britain’s problems can be taxed away by going after wealth. It polls well. It feels just. And it misunderstands how prosperity is actually created.

Wealth is not a fixed pile to be redistributed. It is built, continuously, by people choosing to invest, build and take risks here rather than somewhere else. The moment you treat that wealth as a target rather than an engine, you change the calculation for everyone deciding where to put their capital, their company, their future. They don’t argue. They quietly leave. And the revenue you were counting on leaves with them.

A serious economic agenda asks a harder question than “who has money and how do we take it?” It asks how a country becomes the place where the next generation of businesses chooses to grow. That means fair competition, stable conditions, and a tax system that doesn’t punish the act of building. None of that fits on a t-shirt, but it’s the difference between a country that grows and one that manages its decline.

Slogans are easy. Growth is earned. We should be very wary of anyone offering the first as a substitute for the second.

[Francis Loveday @LovedayWrites]

@UnityNewsNet Is this a joke? He doesn’t even know the basics of taxes.

[Francis Loveday @LovedayWrites]

@CoopieBastards @StuartMaggs Yes that’s right.

I don’t understand how they could not give rebates on losses if they tax gains.

[Francis Loveday @LovedayWrites]

@khrachvik They’re not free to you. 😂

They have huge competition internally.

[Francis Loveday @LovedayWrites]

I was of the same position and mindset. I argued that leaving would cause at best, 10 years of uncertainty. And here we are.

But I don’t want another 10. We took another path. We need to make the best of that path.

We are out of socialist, heavy government centric EU. People didn’t realise that meant competing with the world on the best terms we can. That’s their fault.

But the government should have known that was the only route. We have been failed in delivering that route so far and continue to find ourselves floundering.

Lizz Truss made a right mess of the attempt. A Pro EU, socialist Labour government doesn’t help.

[Francis Loveday @LovedayWrites]

Harry, your point is that:
1. When we nationalised health, we agreed to pay the current wages doctors were on (no surprise there)
2. We could pay those wages when the country was the most capitalist - I.e. peak empire

And since that point, as the country and service became more and more socialist, we’ve paid lower and lower wages as we pivoted from our own western doctors, and attracting doctors from western countries, to paying for cheap doctors from less developed and third world countries. In doing so, failing to invest in British doctors and aligning the wages of those we to more closely with India than with Europe and the US. Why? Because of a ballooning welfare bill.

Doesn’t sound very capitalist, does it. In fact, it sounds extremely socialist.

[Francis Loveday @LovedayWrites]

@CoopieBastards @StuartMaggs Good news is you can backdate.

You’re welcome.