Why do tax cuts have to be "funded"? Why not just cut government? 🤷 #Truss
All Liz Truss & Kwasi Kwarteng did was try to reduce the tax burden on their citizenry & let people keep more of what they earn.
The "problem" is this would've created economic growth, and the central banks and pension funds have already placed their bets in the other direction.
The "problem" is this would've created economic growth, and the central banks and pension funds have already placed their bets in the other direction.
Our governments have created such a monetary problem over the last few decades, with endless QE and the recent trillions & trillions, that the think the only way out of this is… tanking the economy.
Think about it: what an absolutely insane predicament these fools have created.
Think about it: what an absolutely insane predicament these fools have created.
These cries of "unfunded!" in response to the #Truss tax cuts are complete BS. These squealing jerks are the exact people who put us in this situation, and they've never cared a lick about "funding" their reckless spending. Ever.
And they've hoodwinked the world.
And they've hoodwinked the world.
When #Truss announced stimulative tax relief the pension markets got caught with their pants down. They had made crazy bets (with other people's money) on such a scale that they had become #TooBigToFail.
So they threw a public tantrum, and the leftist/keynsian media joined in.
So they threw a public tantrum, and the leftist/keynsian media joined in.
Put another way Truss and Kwarteng did exactly what they promised to do: help people and businesses by letting them keep more of their hard-earned money.
The billionaires simply could not allow that to happen. And so here we are.
Global elites FTW 😉
The billionaires simply could not allow that to happen. And so here we are.
Global elites FTW 😉
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