Wednesday 11 September 2019

Gross, Domestic, Product

Further to yesterday's post on the supposedly booming economy, a friend has been in touch to point out that wages have fallen from 50 per cent of GDP to 12 per cent of GDP.

As he puts it, "People are queuing up in droves to sign over their final-salary pensions in exchange for career-total pensions."

The case for the Universal Basic Income, undergirding Modern Monetary Theory's Jobs Guarantee, is now unanswerable.

Another hung Parliament is coming, and we need our people to hold the balance of power in it. A new party is now in the process of registration.

After nearly 30 years of suggestion, speculation, and even a sort of preparation, I will stand for Parliament here at North West Durham.

The crowdfunding page is here, and buy the book here. Please email davidaslindsay@hotmail.com. Very many thanks.

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