Reform Grows The UK Economy
Monday, 16 October 2023
Reform Grows The UK Economy. The conservative government is trashing the UK economy by spending more than it is earning.
Many People Will Vote For High Spending Governments The public likes high public spending because they love good public services and and politicians are all too ready to make big expensive promises to “invest” (spend) money on those things they hope will be popular and thus win votes.
But Nothing in Life is Free. Everything has to be paid for. And so The UK government has been paying for its excessive spending by a terrible combination of
- printing fake money,
- borrowing more and
- raising taxes ever higher
Bad Governments Print Fake Money (“quantitative easing") quantitative easing is when the government prints money that it would like to have, but doesn’t. When the government is strapped for cash it tells the Bank of England to print more ( fake digital) money. But this money does not represent any additional production in the form of tangible, goods or services; Instead, it's simply empty money. In fact, they call it "ex nihilo", which means literally “out of nothing”
Nothing Comes From Nothing So the actual value of fake money is taken from the value of your savings.
When the new fake money is mixed with the old money, the total money in circulation increases, and the value of each individual pound drops. We experience this as high inflation, which has a devastating effect on the economy and on the buying power of every individual citizen. Government induced Inflation makes us all poorer.
Bad governments Borrow More. Governments like to borrow to fund their spending promises and pet projects.
But borrowing has to be repaid with interest ! And the more the government borrows, the more interest it must pay; and that money comes out of your services Excessive borrowing is a great way for governments to go bust.
Bad Government s Like Higher Taxes. Governments raise taxes higher to generate income to pay for their pet projects and promises. But when taxes are too high, ( as they are now), the people become dispirited and lose their motivation to work since extra effort does not result in extra income, because any extra income is immediately taken by the government in extra taxes.
So raising taxes never brings in the revenue expected and has a depressing effect on the economy.
That’s just a few of the ways the government has messed up the economy and that’s why they cannot afford to spend the money on public services we would like.
What’s the solution? The best way to fund public services and to increase the revenue of the government is to grow the economy!
Good governments create SMEs The economy is mostly made up of small to medium-sized businesses. In the UK, there about 6 million SMEs They employ 61% of the workforce and are responsible for about 52% of the business turnover.
Community businesses These community businesses are dotted throughout the land and represent the greatest economic potential that we have.
Uk Governments policies have Killed SMEs The government's policies of printing money, high taxes, and regulation have stifled and even killed off many small businesses. The government seems to be intent on destroying small to medium-sized businesses because they have fallen in love with the multinationals big pharma, big banks, big tech, et cetera. Politicians don’t care for the little guy in the High Street. Are politicians like to rub shoulders with the big boys. They neglect small businesses which represent our greatest economic asset
Let’s Grow More Small Businesses. To improve the economy, and fund public services, a Reformed UK government would support, nurture, and grow millions of small businesses.
Massive Potential If we increase the number of small to medium-sized businesses in the next 10 years, then we would lift ourselves out of rags and into riches.
Wealth creation, It would be easy to do; by encouraging many of our youth NOT to go to university but rather, to open small businesses in the local community.
Britain’s Got Talent Our young people would take whatever skill, idea, natural talent, product, or service they have and turn it into a profitable wealth, creating business.
Reformed UK Government Would Help We would give preferential loans, training, and support to all people who want to start their own business. By doing that, a proportion of them will grow rapidly to become medium and then even large businesses.
The Economy is Organic. We should treat the economy like a garden where new plants are continually growing. Some plants don’t succeed, but most do, and some grow to be giant oak trees.
Grow the Economy And Save the Economy. We must reform our economic ideas.
Quit thinking about printing money. Quit thinking about raising taxes. Quit thinking about borrowing more.
Start thinking about harnessing the creative genius of the British people.
Great Britain became great by production and trade. Great Britain became great not because of politicians but because of creative business production and trade
It was in Great Britain that the industrial revolution started, which transformed the lives of everybody on the planet. All the greatest engineering, technological, medical, and artistic breakthroughs originated in the UK.
A Bright British Future This is where British business can make its mark again. Let’s grow our home-made businesses and teach our children and young people how to Make Their Own Money!!
If you agree with this, please let me know
Chris Farmer Reform UK Chris Farmer • Gloucester • Reform UK
#Gloucester #ReformUK