The Sunak is better at economics schtick is wearing thin on me. He is planning a corporation tax rise of 6% just as the BoE say we are entering a recession.
@stephenj_colvin
@francessmith
Not sure why anyone thinks he knows economics. There's no evidence of it from his scheming and policies. So he worked at a bank for a short time. Could he hack it?
@stephenj_colvin
He’s just the better communicator and some are taken in by that imo. If you’re comparing what they’ve actually DONE there’s no contest. Unsurprisingly Sky gave him a very easy ride not confronting him on his numerous u turns while making a big deal of Truss’s.
@stephenj_colvin
@anthea_bailey
Well for a start you have microeconomics which is the theory of markets and the theory of the firm, and then you can talk about macroeconomic stuff which is completely different.
Then you have trade, budgeting, accounts, banking, risk, behaviour etc.
IE it depends. Innit.
@stephenj_colvin
Every policy or budget he has produced since being Chancellor has needed changing.
Concentrating just on inflation isn't the answer, you need to target, inflation, growth, and helping people through this energy crisis.
@RishiSunak
has tunnel vision is out of touch
@stephenj_colvin
@7nestingwrens
He forgets he was in charge of our finances and now we are in a financial mess on the brink of recession. How can he be let loose on the purse strings again?
@stephenj_colvin
@alan_lam
I read once that when any government reduces corporation tax, the overall take is higher. I would have thought that faced with recession, we would want to help employers to keep staff on and still trade.
@stephenj_colvin
Sunak and Bank of England are fuelling inflation. Their prime roll, and Governments & Bankers everywhere should be restricting excessive opportunistic price increases in energy, shipping containers etc, all of which is compounding inflation via VAT and other percentage taxes.