•
Massively reduce taxes
•
Everyone goes out and spends that money which in turn sees growth return
•
The economy grows and because of that, borrowing costs reduce because the relation between the size of the economy and how much you need to borrow has reduced. You also have more tax revenue because businesses are generating more money.
•
It works a treat on games like SimCity and Civilisation.
•
Except reality isn't like SimCity and what actually happened is the markets were spooked and the economy crashed as everyone started stuffing metaphorical cash under the mattress.
•
Massively reduce taxes
•
Everyone goes out and spends that money which in turn sees growth return
•
The economy grows and because of that, borrowing costs reduce because the relation between the size of the economy and how much you need to borrow has reduced. You also have more tax revenue because businesses are generating more money.
•
It works a treat on games like SimCity and Civilisation.
•
Except reality isn't like SimCity and what actually happened is the markets were spooked and the economy crashed as everyone started stuffing metaphorical cash under the mattress.
•
Massively reduce taxes
•
Everyone goes out and spends that money which in turn sees growth return
•
The economy grows and because of that, borrowing costs reduce because the relation between the size of the economy and how much you need to borrow has reduced. You also have more tax revenue because businesses are generating more money.
•
It works a treat on games like SimCity and Civilisation.
•
Except reality isn't like SimCity and what actually happened is the markets were spooked and the economy crashed as everyone started stuffing metaphorical cash under the mattress.
Last reply 2 days ago
Even Europe’s far-right firebrands seem to sense Brexit is a disaster- The GuardianLast reply 3 days ago
Why is the political left now censorious and authoritarian??Last reply 5 days ago
Sunak rejects offer of youth mobility scheme between EU and UKLast reply 2 weeks ago
Rayner denies wrongdoing over council house sale amid police reviewLast reply 2 weeks ago
TSR Goes Green: How important will the environment be in this year's election?Last reply 3 weeks ago
TSR Big Discussion #1: What should be top priority to protect the environment?Last reply 3 weeks ago
Where do you stand on the political spectrum (8values)? – Take a quiz here!Last reply 3 weeks ago
2024 UK general election speculation and build-up threadLast reply 3 weeks ago
No progress made on half of UK government’s levelling-up targetsLast reply 3 weeks ago
Trump needs a $464m bond in six days. What if he can't get it?Last reply 2 days ago
Even Europe’s far-right firebrands seem to sense Brexit is a disaster- The GuardianLast reply 3 days ago
Why is the political left now censorious and authoritarian??Last reply 5 days ago
Sunak rejects offer of youth mobility scheme between EU and UKLast reply 2 weeks ago
Rayner denies wrongdoing over council house sale amid police reviewLast reply 2 weeks ago
TSR Goes Green: How important will the environment be in this year's election?Last reply 3 weeks ago
TSR Big Discussion #1: What should be top priority to protect the environment?Last reply 3 weeks ago
Where do you stand on the political spectrum (8values)? – Take a quiz here!Last reply 3 weeks ago
2024 UK general election speculation and build-up threadLast reply 3 weeks ago
No progress made on half of UK government’s levelling-up targetsLast reply 3 weeks ago
Trump needs a $464m bond in six days. What if he can't get it?Students who got A*s at A-level explain study, learning and revision tips that everyone can follow
How to revise for GCSE English Literature exams: AQA explains what to do
How to revise for A-level Geography exams: AQA explains what to do
Writing a law personal statement: expert advice from universities