A Quote by Liz Truss
Labour want to control all parts of the economy and society so that they can pursue the politics of envy. It would leave us all paying higher taxes and the economy in tatters.
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I think Britain can be one of the great success stories of the 21st century - we've got the talent, the drive, the connections around the world. But if we vote to Leave, then we lose control. We lose control of our economy, and if you lose control of your economy you lose control of everything. That's not a price worth paying.
Even if you assume that the whole economy would work better had we never had double taxation, having the envy and resentment of the richest paying low or no taxes screams of injustice. You have to have a fair system.
So, what people are actually left with to spend is maybe 25 to 30% of their income on goods and services, after paying taxes and after paying the FIRE sector (Finance, Insurance, Real Estate). Whether it's housing insurance or mortgage insurance. So there's an idea of distracting people. Don't think of your condition. Think of how the overall economy is doing. But don't think of the economy as an overall unit. Think of the stock market as the economy. Think of the rich people as the economy. Look at the yachts that are made. Somebody's living a lot better. Couldn't it be you?
We want an economy that grows health and wellbeing, not debt and carbon emissions. An economy that prepares and protects us from shocks to come, rather than making them worse. An economy that shares resources to meet all our needs, regardless of background. An economy that lets us live.
Economy is the basis of society. When the economy is stable, society develops. The ideal economy combines the spiritual and the material, and the best commodities to trade in are sincerity and love.
The problem is that we are trying to prepare people for the new economy using a higher education system built for the old economy. As a result, many high-skilled, high-paying industries suffer from a shortage of labor, while too many low-paying industries suffer from a surplus.
The white man is too intelligent to let someone else come and gain control of the economy of his community. But you will let anyone come in and take control of the economy of your community, control the housing, control the education, control the jobs, control the businesses, under the pre-text that you want to integrate. No, you outta your mind.
I think the reason that the Trump economic agenda is beneficial is, he is doing the right things. He wants to see growth, he wants to see to lower taxes, he wants to see this cash pile sitting outside the US return to the US. All of these things I think will be good for the US economy, and as I've said, if the US economy grows, the global economy benefits hugely.
Would higher taxes and a crumbling economy help women succeed, either personally or professionally? I don't think so.
Legalized drugs would cause dislocations in the US economy - the prison industry for example and tens of billions spent annually on drug enforcement. But because the US economy is so large, this would be a minor blow, hardly as severe as the ultimate nightmare for the US economy, global peace, which would shutter its death industry commonly called the military/industrial complex.
There are winners and there are losers. And as much as we would like to help the losers, if we do it in the way that directs the limited capital of the society to support the low-productivity parts of the economy, it means that the rest of the economy - our overall standard of living - will not rise as much as it could.
I think that we've had an economy that's been out of balance for too long. So the general principle of raising taxes on higher income Americans, like myself, and providing relief to those who haven't benefited as much from this new global economy, I think is a sound one.
There's no way you can grow an economy with that, with that many people not working and not paying taxes, you can have any kind of government solvency, you can't have any kind of growing economy, which is exactly what the Democrats want, by the way. Much better for the Democrats that you don't work. The more you work, the less dependent on them you are. If this sounds hideous, I'm sorry, it's true.
You want to continue with the social safety net: the good, the bad and the ugly parts of that, you have to have a vibrant economy. You have to have growth of the economy.
Those at the top would do better with a smaller share of a booming economy that elicits a positive politics than they will do with an ever-larger share of an anemic economy that fuels the politics of anger.
I would cap the amount of federal government can spend at 20 percent of the economy. Bring it back to 20 percent or lower. And say, we are not going to spend above that level. Democrats, they want to raise your taxes and spend more and more and turn us into an economy which is no longer driven by the private sector.
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