In this Institute of Economic Affairs podcast, Communications Director Callum Price interviews Executive Director Tom Clougherty and Editorial Director Kristian Niemietz.
Great podcast as always. I can’t see Corbyn or Sultana get much traction with the Greens before the next GE. And it’s Reforms election to lose. But as their policy’s unravel the details of which are just getting scrutinised tells me that’s not in the bag yet! Farage is a one trick politician. Which leaves us back to the main three. I think it will be a hung parliament and a coalition myself. But time will tell. It still troubles me Tom that, growth has been swept under the carpet! Your still sure that the state is to big and cuts are required. Your right! Too much bureaucracy for sure. Eg too many managers running hospitals to look after the queues! If we didn’t have queues we wouldn’t need so many managers. Too many pen pushers doing the same jobs across all hospitals, I know, let’s have one lot of pen pushers in Whitehall doing it just once and leave the surgeons to run the hospitals and call it the Dept for health! Oh we had that once I’m sure?… yes of course we can cut and go a better job of running government services but then what? Where’s growth coming from? Surely the IEA has to have a better plan for growth? Cutting the gist of governing is find and laudable. It’s s bit obvious but, ok I’ll give you all it’s a fair enough point. But what then? Or what now if there are no cuts?? I think that’s what the backbencher revolt was about, come up with growth not cuts and not much more taxes either. And borrowing, did Labour and Conservatives borrow it? Yes, of course they did. So the Kemi and Keir show to rethink that policy seems a bit late. So what now? What about growth?? Growth of what and how do we get it. Unless we know what it is how do we know how to get more of it? It’s nice to hear your conversations and I like them a lot. All of you are brilliant at describing our situation but I have yet to hear your ideas on how to get us out of this mess. Cuts won’t bring wealth. The cost of cuts must be considered and what savings above all are we expecting to make? The ticking time bomb of pensions and welfare can easily wreck budgetary fiscal rules if tax revenue reduces so what other options can you look at? What I see is more of the same. A juggling act of reduce our spending whilst increasing our taxes and more borrowing to plug the gap. But what about growth? What is it, where is it and how do we get it? Or is it just meaningless words that promise an impossible situation and is just like ‘smash the gangs’ or ‘stop the boats’ or the normal brilliant sound bites? You mention growth so I’m interested in your explanations of it. You may realise from my reply’s, I have a plan to put forward. It reduces taxes, increases tax take and stops the need for cuts. It also removes the need of for government borrowing and should increase spending and money supply. It involves no printing of extra money nor any QE. It streamlines taxation and gives clear and credible structure to money and its need to flow. It makes use of all of our money and ensures we afford more. That sounds a worthy plan surely worth a reply or a debate? But it’s not been entertained or even considered. Yet I hear of no other plan being offered or floated or considered. The truth is guys, there is no plan or strategy. Pretty much like Labour hitting the ground running when entering government last year!…. Tripping up and falling flat on their face more like! No plan nothing. There is no credible alternative that’s why Argentina hit the buffers and Lemmings jump off the cliff. There is no alternative. I have one! It’s counter intuitive yes, but it’s a workable plan for instant growth and tax revenue. Yet I don’t hear anyone discussing it or anything that sounds plausible. Can you help?
Great podcast as always. I can’t see Corbyn or Sultana get much traction with the Greens before the next GE. And it’s Reforms election to lose. But as their policy’s unravel the details of which are just getting scrutinised tells me that’s not in the bag yet! Farage is a one trick politician. Which leaves us back to the main three. I think it will be a hung parliament and a coalition myself. But time will tell. It still troubles me Tom that, growth has been swept under the carpet! Your still sure that the state is to big and cuts are required. Your right! Too much bureaucracy for sure. Eg too many managers running hospitals to look after the queues! If we didn’t have queues we wouldn’t need so many managers. Too many pen pushers doing the same jobs across all hospitals, I know, let’s have one lot of pen pushers in Whitehall doing it just once and leave the surgeons to run the hospitals and call it the Dept for health! Oh we had that once I’m sure?… yes of course we can cut and go a better job of running government services but then what? Where’s growth coming from? Surely the IEA has to have a better plan for growth? Cutting the gist of governing is find and laudable. It’s s bit obvious but, ok I’ll give you all it’s a fair enough point. But what then? Or what now if there are no cuts?? I think that’s what the backbencher revolt was about, come up with growth not cuts and not much more taxes either. And borrowing, did Labour and Conservatives borrow it? Yes, of course they did. So the Kemi and Keir show to rethink that policy seems a bit late. So what now? What about growth?? Growth of what and how do we get it. Unless we know what it is how do we know how to get more of it? It’s nice to hear your conversations and I like them a lot. All of you are brilliant at describing our situation but I have yet to hear your ideas on how to get us out of this mess. Cuts won’t bring wealth. The cost of cuts must be considered and what savings above all are we expecting to make? The ticking time bomb of pensions and welfare can easily wreck budgetary fiscal rules if tax revenue reduces so what other options can you look at? What I see is more of the same. A juggling act of reduce our spending whilst increasing our taxes and more borrowing to plug the gap. But what about growth? What is it, where is it and how do we get it? Or is it just meaningless words that promise an impossible situation and is just like ‘smash the gangs’ or ‘stop the boats’ or the normal brilliant sound bites? You mention growth so I’m interested in your explanations of it. You may realise from my reply’s, I have a plan to put forward. It reduces taxes, increases tax take and stops the need for cuts. It also removes the need of for government borrowing and should increase spending and money supply. It involves no printing of extra money nor any QE. It streamlines taxation and gives clear and credible structure to money and its need to flow. It makes use of all of our money and ensures we afford more. That sounds a worthy plan surely worth a reply or a debate? But it’s not been entertained or even considered. Yet I hear of no other plan being offered or floated or considered. The truth is guys, there is no plan or strategy. Pretty much like Labour hitting the ground running when entering government last year!…. Tripping up and falling flat on their face more like! No plan nothing. There is no credible alternative that’s why Argentina hit the buffers and Lemmings jump off the cliff. There is no alternative. I have one! It’s counter intuitive yes, but it’s a workable plan for instant growth and tax revenue. Yet I don’t hear anyone discussing it or anything that sounds plausible. Can you help?