@NormanLeedsFRSA@Helen_Whately Yes because austerity bizarrely paid down on the deficit but put up the debt which ultimately due to Covid required extreme levels of borrowing which then put up both the deficit and debt leaving us essentially requiring higher taxes
@toadmeister Far from it, eliminating RCP 8.5 is a step on the right direction but we need to eliminate the other RCPs too as they arnt good ones either
@jemmm85517813 Cutting spending wonโt stop the debt and anyway according to the government the debt will be around 3.5tn by 2030 which is a lot of interest. However borrowing will half by then
@johnredwood I thought they were moving water west to east through the water and canal system, building 5 new reservoirs, smart meters and desalination
@jemmm85517813 It all depends on which countries people you are asking. Lots of countries canโt adapt easily due to money and other countries arnt impacted as much as others will be.
@Helen_Whately@Telegraph Austerity - paid down the deficit but increased the debt leaving us e posed when covid hit. 10 years of little opportunity whilst you cut everything
@johnredwood cobid put 800,000 on benefits and you can continue to borrow it from the bond markets and use some additional taxation to look responsible. Oh yeah thats what has been done
@johnredwood Higher debt from borrowing on the bond market lavishly during covid and even Osbournes austerity added to the debt but reduced the deficit which makes no logical sense post covid. Borrowing continues due to the population being ill, over weight and obese, diabetic etc
@Helen_Whately constuction needs 260,00 new workers to buils the houses needed. it empoloys 2 million but they aging and needs replacement. Get the apprentership program back on track and offering funding.
@Helen_Whately@CapX What reforms are you asking for. The injured from Covid ? Single mums on benefits etc - what exactly and how much can you save. Housing benefit costs ยฃ40 billion but as councils donโt have much housing to offer they just transfer money to the private sector etc
@Helen_Whately The issue is the birth rate has been falling since the 1970s and governments only offer incentives to try and encourage having more kids. Governments have yet to come to grips with the situation by offering women full money to have children for years. They just go immigration