Tochukwu

[Tochukwu @tokoyey]

@ryanopines @faisalislam The deficit has fallen 1 percentage point since Labour came in in 2024

[Tochukwu @tokoyey]

@MartinSLewis Council tax is a recurring financial obligation. Deferring the consequences of non-payment/late payment doesn't provide long-term relief to most and generally leads to higher indebtedness. They will end up in the same place but with more debt.

[Tochukwu @tokoyey]

@BoiledFrog45 @Samfr @JLobbak38851 Why doesn't this scenario play out in parts of the UK and rest of the world where the population is stagnant or declining? Why aren't they seeing a wage boom as the population shrinks. In your scenario, somehow Tesco will continue to hire workers as the consumer base declines.

[Tochukwu @tokoyey]

@tflo1234 @AaronBastani @garyseconomics Theory is self-evidently wrong. There's a more than tripling of millionaires from 1998 to 2007 (pre-zero rates). Rates are lowered to zero 2008/09 and millionaires don't increase at anywhere the same rate up to peak in 2021.

[Tochukwu @tokoyey]

@english_rad @VeryBrexitProbs The black population of London is circa 13.5%, approximating the 13% for the entire US population. But the US murder rate is almost 5 times the London rate. Take Oklahoma City for example, similar black population to London but more than 5 times the murder rate.

[Tochukwu @tokoyey]

@HedgieMarkets This appears to assume US investors are the sole investors in the SP500. You will need to look at cash in Europe and Asia as well to truly discern "dry powder".

[Tochukwu @tokoyey]

@DG68020 @Chestercamperv1 @ChrisGiles_ Yet polling shows perceptions have markedly changed since Brexit. If the economics were primarily irrelevant, public perception shouldn't budge. It's also telling that much of the pro-Brexit argument morphed from boisterous predictions of faster growth to "it's not that bad".

[Tochukwu @tokoyey]

@stromgade @shashj Highest/lowest in the G7 isn't as meaningful as implied. You're effectively being asked to draw profound implications from a sample size of 7, ignoring all other factors that affect yields. What's one supposed to conclude from Italy having lower yields than the UK and France?

[Tochukwu @tokoyey]

@meadwaj But capital gains generally arises from risk-taking which makes it distinct in principle from employment income. Risk taking in the UK, which is insufficient given growth rates, is also more responsive to tax rates and a higher tax on gains may lead to lower risk taking.

[Tochukwu @tokoyey]

@Jamesmanny21 @mxschumacher @riddle245 @OnodaCapital Is Tesla a larger EV manufacturer than BYD?

[Tochukwu @tokoyey]

@biancoresearch @DonMiami3 @JuliusMiami That would be political suicide for whoever is in power.

[Tochukwu @tokoyey]

@WaterworldCapi1 @abhiadesai What market will the businesses selling their increased output to?

[Tochukwu @tokoyey]

@StefanFSchubert If the incentive is driven by tax policy, and not market-driven, then it's not so good.

[Tochukwu @tokoyey]

@maggiejet @PensionsMonkey Your claim was that the triple lock should stop when SP = minimum wage. You consider this fair. My query's why this is "fair" as there's no historical precedent and the ratio of working-age to pension-age is worsening & (given rising debt) imperrilling future state pensions.

[Tochukwu @tokoyey]

@maggiejet @PensionsMonkey But what is this expectation that state pensions ought to at least match full-time minimum wage based on? No historical precedence in Britain for paying state pension at such wage level. Certainly didn't arise when the working-age to pension-age ratio was more favourable.

[Tochukwu @tokoyey]

@KLloyd30053821 @PensionsMonkey @exRAF_Al If the 1970s is the golden benchmark, why not slash state pensions to 1970s level (inflation adjusted)? Oddly,
the past's glorification never extends to the pension income of the past. I like the triple lock's extension but we have to be realistic of fiscal constraints.

[Tochukwu @tokoyey]

@ADAstacker @BenedictSpence @NardoDi33254 But the money was spent already during their lifetime and contributed to general income and boosting economic output. You can't hypothesise about the opportunity costs of uninvested capital when the capital is already spent.

[Tochukwu @tokoyey]

@RetiredPat_2 @NateSilver538 This was the White House statement on June 25, 2025, highlighting Trump's comments on the obliteration of Iran's nuclear sites. https://t.co/1VmCzJNMPN

[Tochukwu @tokoyey]

@RichardHanania If you are an ethno-nationlist who advocates the supremacy of one's race and derives personal pride from said supremacy, like arguably many in the new right, the visibility of success amongst high-skill immigrants is exactly what you want to avoid.

[Tochukwu @tokoyey]

@rospigge60559 I always felt much of the gap in economic growth rates between the US and the EU would be bridged if EU states, particularly Germany, accommodated massive fiscal deficits like the US.