Category Archives: Tax Cuts

UK: Driving down a blind ally

The UK Budget is seriously missing the point. It will not create any growth and the already bleak forecasts will have to be downgraded again. Here’s why. The financial industry was one of the main drivers of the economy before the … Continue reading

Posted in Austerity, Conservatives, Debt, Financial crisis, Osborne, Politics, Recession, Tax Cuts, UK | Tagged , , , , | 1 Comment

Inflation: Dr. Jekyll and Mr. Hyde

It has been said over the past few years, that the presence of elevated inflation in the economy can help to reduce the debt burden. One way to do this is monetising debt by using the Bank of England printing … Continue reading

Posted in Austerity, Bank of England, BOE, Debt, Euro Zone, Osborne, Quantitative Easing, Tax, Tax Cuts, UK, Unemployment | Tagged , , , , , , , , , , | Leave a comment

Sachs Hits Out At US Inequality From Taxes To Corruption in Congress

Last night Professor Jeffery Sachs gave a great lecture at the London School of Economics on the long-term structural crisis facing the US. For 30 years successive governments have implemented policies aimed at making life easier for the 1% of … Continue reading

Posted in Banking, Climate Change, Democrats, Economics, Obama, Politics, Republicans, Tax, Tax Cuts, Unemployment, US | Tagged , , , , , , , , | Leave a comment

Weak Trade Winds Warrant UK Stimulus

Britain sits on the periphery of Euro-Zone and US economic woe and although these hinder domestic growth, well targeted fiscal and monetary injections can help to ease the pain while we wait for favourable trade winds to return. Although, the … Continue reading

Posted in Austerity, Bank of England, BOE, Debt, Economics, Euro Zone, Monetary Policy Committee, Osborne, Quantitative Easing, Tax Cuts, UK, Unemployment | Tagged , , , , , , , , , , | Leave a comment

Low UST Yields Are Path To Fiscal Expansion

Think about this. Look at where 10-year US Treasury yields are, look at 10-year UK gilt yields for that matter. The world is crying out for AAA assets. The world’s investors want somewhere safe for their cash; European pension funds, … Continue reading

Posted in Austerity, Debt, Euro Zone, Merkel, Obama, Recession, Republicans, Sarkozy, Tax Cuts, US | Leave a comment