"We can now introduce our own welfare standards, to stop live animal exports, and revive local slaughterhouses, with strict inspection regimes."
"...almost 60% of Americans are so financially strapped that they don’t have even $500 in savings and nothing whatsoever put away for retirement, and yet they are being forced to pay for government programs that do little to enhance or advance their lives."
"When Mark Carney, a central banker, is showing us maps of Florida before and after a 9 foot rise in global sea levels, the whole climate change narrative hasn’t just jumped the shark, it’s carved it up and served it for dinner."
This is how you bankrupt a country!
Rather than fight the fiscally conservative fight, Boris caved, and promised to open the sluice gates of public spending, thus ensuring future progressivistas would be handed an even larger national credit card bill to repay.
It doesn’t seem to matter to transgender activists that these procedures are irreversible and that young children’s lives will be forever altered and changed before they can even fully mentally mature enough to actually consider the consequences of such decisions.
The aid comes mostly from Western Christian and international humanitarian and charity organizations; some limited aid comes from Western Christian states. Unfortunately, the same Western Christian states and their regional allies also provide financial and military aid to extremist groups, many of which target and kill Christians.
While we do have the ability to choose our future path, taking action today would require more economic pain and sacrifice than elected politicians are willing to inflict upon their constituents. This is why throughout the entirety of history, every empire collapsed eventually collapsed under the weight of its own debt.
The U.S. is also the world’s largest economy in nominal terms, putting the debt to GDP ratio at 104.3%. Other stand outs from the list above include Japan, which has the highest debt to GDP ratio (237.1%), and China , which has increased government debt by almost $2 trillion in just the last two years. Meanwhile, the European economies of Italy and Belgium check the box as other large debtors with ratios topping 100% debt to GDP.
The EU is not working. Its economy is hitting new lows, which is even affecting non-eurozone countries like Sweden, and Britain’s more joined up departure will be one more unedifying message to its members: time for a rethink of the project.
To the extent that government can stimulate growth, it’s through structural reforms that improve the investment climate: Cut red tape. Reduce workplace regulation. Fast-track tax cuts. Fix the state-based payroll taxes and stamp duties on property that stifle labour mobility. Make the 30 per cent company tax rate more internationally competitive. Break the construction union’s monopoly power. Restore monetary policy to its appropriate role of maintaining price stability.
With farmland costing on average $3,140 an acre in 2018, according to the US Department of Agriculture, the daily increase in debt would be enough to purchase 1.14 million acres of land, or around 1780 square miles, an area larger than Rhode Island.