Funding the Future

It's austerity from Reeves

Is Reeves going to get things wrong?

Rachel Reeves' record as Chancellor has not been good. Today provides her with another opportunity to get everything wrong.

The wealthy love the national debt

The wealthy say they are terrified of the national debt, but they aren't really. It only exists because they don't pay enough tax, and they'd hate that even more. 
 

Do we need a wealth tax?

Many people on the UK's left want wealth taxes. The trouble is that would take years to deliver. Taxing income and gains from wealth more makes a lot more sense. 

What will happen when war is over?

What would the world be like if we set out to eliminate the causes of war? We've tried it before. Why can't we try again? 

Do we need to teach adaptability?

Education that pretends the world isn't going to change serves no one. It's time we taught people how to change with the times.

Are extreme centrists threatening us?

No one talks about extreme centrists. They should, because they're the people who want to maintain the status quo when it's glaringly obvious that we need change. 

Are bond vigilantes in control?

The idea that bond vigilantes can set government policy suits the City and neoliberal politicians, who'd like it to be true. But is it?

Who's going to defend us from fascists?

The obsession with Russia in the defence review is wrong. The real risk is from fascists wherever they come from, and Russia is a long way from being the only threat in that case. 

Trump's going to tax the US to extinction

Trump wants to use tax as a weapon in international trade wars. That could backfire horribly for him.