
Originally Posted by
ragingpup
I am completely getting the economics. Unlike you however I am accepting the IFS warnings but also weighing them up with alternative viewpoints from other economists (dress it up all you like but the three people I linked to are all economists) and balancing a whole picture which I find risky but on balance of the risks that we know are inherent in taking the conservative manifesto approach, keeping the same track and continuing to underfund essential services and in turn leading to the unnecessary suffering and deaths of countless more UK citizens, I am (despite my stated reservations on how Labour have over reached) hoping that voters opt to try something different. Whereas you are simply presenting the IFS findings as the whole picture and as a certainty.
I think it quite possible that tax hike on business could result in a mixture of some firms taking hit on profits and protecting customers/employees/shareholders, some will do a mixture of all of these. Some that are able to will move to wherever they can find where they can retain their present profit rates. But corporation tax would still, at the maximum increase, be where it was in 2010 and companies traded then. WE have in recent years (40 years) traded business profits at the expense of social services and infrastructure and we need to redress the balance. There will be winners and losers under these proposals, and it is likely that there will be impact in jobs/shares/pensions/prices as the balance is re-addressed. But the market will still operate to create wealth and jobs, keep prices competitive and keep employees happy. For those that lose out to whatever extent in shares/pensions/prices we have the benefits of vastly improved services, health and social care, technology and transport infrastructure etc. We can holler questions and arguments at each other til we’re blue in the face. We aren’t going to convince each other. The bottom line is that I am willing to take the risk for change (and it isn’t just taking risks with other people’s money, this affects my job too) but you feel the risk is too foolishly big to take. That’s fair enough. But that does mean that you will be left with the same deterioration as before as services struggle to keep up with demand. Maybe you could join Fire’s side and argue to remove immigrants? I can’t think of anything else that you could do. You’re repeated failure to tell me what you would like to see happen, from any party, to improve public services and care suggests that you have no idea, that it isn’t politically solvable and therefore you support doing nothing? I know a party that supports that!