To trust each other again, we need to become more equal | Larry Elliott

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The gap between rich and poor has been widening for decades, driving a climate of mistrust that harms us all, says the Guardian’s economics editor, Larry Elliott

 

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Mhm, TEDTalks have episodes on trust, I found them to be extremely edifying and enlightening. I suggest taking a moment to also view those as well.

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Saudi Arabia has the most to lose from a sharp rise in oil prices | Larry ElliottWith Riyadh dependent on arms supplies from the west, its threat to weaponise oil no longer works Palestine is funded by Saudi Arabia. Well then stop with the dirty politics ✋🏻🤣 Why not decide that fuel in the future,may be used for only 1 sort of transport vehicle? There are many different transport vehicles class. Why are trucks allowed to be used on corn fields/in agriculture? They get subsidies? Why not employ many more manual workers or animals?
Source: The Guardian - 🏆 84. / 53 Read more »

A highly politicised, 'end of austerity' budget looms | Larry ElliottOne of Hammond’s challenges is to show that eight years of cuts have not caused economic harm But they demonstrably have. He and his cronies need to 'END FRACKING'. What good is filthy lucre if our countryside is poisoned and our people scared out of their wits? 🙏🏽🌱🙈 'persuade the public' yeah because we can reverse whatever they decide to do can't we? apart from via elections the public have no choice but to swallow it. Even then voting in the opposition doesn't guarantee reversal.
Source: The Guardian - 🏆 84. / 53 Read more »

Hammond's budget spending highlights May's weakness | Larry ElliottShort-term spending aims to placate a public the PM thinks is sick of austerity Simple solution to all this mess. Spoil your ballot and don't validate any of the current parties. the Tories are taking Joe. public for a ride, but I believe Joe public will respond at the ballot box. Blockchain is great technology as it can not be change, that's why registering files on it with DeepVault from DeepOnionx is great $ONION deeponion
Source: The Guardian - 🏆 84. / 53 Read more »

Despite rapid growth in wages, Trump should be concerned | Larry ElliottThis is as good as it gets for the president’s first term – labour shortages will fuel interest rates yes ... DespiteAllTheGoodStuff 🤦‍♂️ BRIBERY WORKS AGAIN One quarter of wage growth is not rapid. 60% of Americans say they've seen no change at all.
Source: The Guardian - 🏆 84. / 53 Read more »

Listening to the gambling industry is terrible economics | Larry ElliottPhilip Hammond has got his sums wrong in backing bookies’ jobs, says Guardian economics editor Larry Elliott
Source: The Guardian - 🏆 84. / 53 Read more »

John McDonnell is right to double down on Tory tax cuts | Larry ElliottShadow chancellor may seem to have moved right, but he has avoided Hammond’s trap
Source: The Guardian - 🏆 84. / 53 Read more »

Tories need to be better than tepid over UK's industrial strategy | Larry ElliottThe government should pick a future industry – say, green technology – and commit to it britain is a national wasteland of nine teen'thcent ury industrialists brexit Praps BJ’s “fuck business” remark in June heralded a more convincing stance.
Source: The Guardian - 🏆 84. / 53 Read more »

Carney's pessimistic Brexit prophecies look like last roll of dice | Larry ElliottBank of England governor says we must prepare for the worst, but will anyone listen? I get that it's good to publish both sides of the argument, but Larry Elliott's writing is becoming detached from reality. Brexit ‘Could’ What did RussellGrantcom have to say on it? Guardian - stop demeaning experts. Leave that to the Mail. Carney is a good guy who knows his stuff.
Source: The Guardian - 🏆 84. / 53 Read more »

The labour market is thriving – but rates won't be rising just yet | Larry ElliottDespite high employment levels and good pay growth, Brexit uncertainty will weigh heavily on the economy for some time Someone needs to tell Larry that we’ve had almost a decade of real wage cuts. You only have to work for 1 day per fortnight to be classed as employed under DWP guidelines. Self employed people don't even have to work that much. Actual employment is at least a couple of million below the official figures. Forget underemployment, low productivity and the Tories ability to bullshit the figures to make them sound amazing - it's thriving!
Source: The Guardian - 🏆 84. / 53 Read more »

Any boost to sterling if the PM survives is not likely to last | Larry ElliottBrexit’s unresolved problems mean the pound will still be vulnerable even if the PM stays
Source: The Guardian - 🏆 84. / 53 Read more »