Friday 20 November 2020

Freeze This

The day after it announces a Space Command, the Government lets it be known that it intends to introduce a public sector pay freeze, although not for MPs. You can see why Princess Nut Nuts is no longer officially the Conservative Party's Head of Communications.

Of course, a sovereign state with its own free floating, fiat currency has enough of that currency as it chooses to issue to itself, and readily available fiscal and monetary means of controlling any inflationary effect. But Rishi Sunak, understandably yet wrongly, cannot be bothered to try and explain the basics. He just throws some red meat to the dogs from time to time.

After all, what Opposition does he face? Certainly no one on the front bench who appears to understand that the last thing that a private sector on its uppers could possibly need would be the State's direct and intentional withdrawal of even more spending power from the economy. But I am an Independent candidate for North West Durham at the next General Election. What are you doing?

No comments:

Post a Comment