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THREAD: MSP & the wokeness happening around it.

Let's start by addressing the wokes who are "standing up" for the "poor farmers".

These budhijeevis have no idea most of these "poor farmers" spend more on their cars' alloy wheels or on their John Deere's music system than +

what these liberals spend on their education at state varsities.

Even in the recent contro with Kangana, the old lady's husband (I suppose) is heard saying "we don't need money for protesting. We own 12-13 kille zameen"..

This land is worth more than +

what these wokes will ever see in their lifetime - forget earning it.

& please don't tell me I don't know what I'm talking about. Here is a video of me driving one of those bass-heavy stereo systems loaded John Deere +
https://t.co/sJ5b0BsTkI


Even though these bills have nothing to do with scrapping MSP, these people are creating a ruckus for no reason at all. This pushes me to expose their hypocrisy.

Although I'm not someone who eyes someone's wealth or talks about it, these people need to know we know about it. +

Farmer suicides - while this is a grave issue, several studies have shown that the prime cause of farmer suicide is not debt but family issues or illness.

Also, the greedy moneylenders" that the media usually reports as the cause of suicides are not banks but middlemen - adatis+
the absence of private demand makes government expenditure necessary. It repays itself by creating a stronger economy than would have otherwise been the case. For me that is the macro - non-household budget - reasoning. (1/13ish)


Making G contingent on a ultra low government rate of interest (ULGROI) seems household budget thinking: lower expenditure on interest payments is being portrayed as permitting the higher expenditure on G. (2/13)

All fine that this is permitting those who think in a household budget way (OBR, IFS etc) to support spending (or rather not prescribe austerity) but it is not the macro of the situation. (3/13)

As an aside I'd rather call out the household budget mob for prescribing austerity last time, not least in the week that the OECD publicly acknowledged austerity was overdone. Parotting their present argument seems to let them off the hook. (4/13)

As you know the low rate of interest - in advanced economies on government debt - is not a matter of chance but a consequence of a decade of reliance on QE and a wider global retreat from risk. (5/13)