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TOPIC: reasons Tory economic policy has been disastrously stupid for the past seven years

reasons Tory economic policy has been disastrously stupid for the past seven years 12 Dec 2017 10:28 #5293

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Here are the simple reasons Tory economic policy has been disastrously stupid for the past seven years

Sunday 10 Dec 2017
Posted by Mike Sivier

We should all be grateful to Larry Elliott at The Guardian – and also to Philip Hammond – for making it easier to discuss the economy in terms everybody can understand.
That is, everybody except Conservatives, it seems.

Tory policy for the last several decades has been to sell off publicly-owned industries and services and cut the welfare state, in order to reduce taxes and provide higher returns to people who run the businesses that make the most money. The rest of us can go hang, in their opinion.

Trouble is, they arrogantly failed to understand that their well-being depends on the prosperity of the rest of the population; if the majority of people don’t have the wherewithal to buy the products produced by the rich, they won’t stay rich for very long.

Read More Here;
voxpoliticalonline.com/2017/12/10/here-are-the-simple-reasons-tory-economic-policy-has-been-disastrously-stupid-for-the-past-seven-years/
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