The farmer ploughs the field to turnover the upper soil. Then the nutrients rise the residual crop dies and the furrows ready to plant. The annual process is to maintain productive harvest. Not maintained is stagnation. Exactly how the British Economy is presently performing , according to the Office for National Statistics. Growth at 0.1% is near flatline, the patient is dying.
The Bailey at the City Gate no not the mound in front of the Castle, the Bank Governor in his speech last night blamed Brexit citing a 6% drop in the economy. That longed for separation from Europe not only weakened Europe and Britain simultaneously but it showed other despots the fragmentation of the European Union in a divide and rule moment. Meantime those other stars with stripes changed leadership recently whose penchant for Britain is not special in the MAGA plan.
Britain the island looks isolated today and it can try cling on to the coat tails of Trump but he’s waiting to take his coat off. It looks like we are in for a hard time, a buckle up your belt moment. The record 700,000 legal immigrants in Britain will be needed as the birth rate amongst the natives is also falling ( yes even sex is flatlining ) .
The farmers , I haven’t forgotten them but they are mightily angry with new Chancellor Rachel Thieves as she applied draconian inheritance tax upon them. Even the demand to pay over 10 years will sink the family farms. So much so that the tractors and ploughs will be blocking the streets of Westminster today in protest. One ex Government adviser boasts that his leader Starmer wants to do to the farmers what Thatcher did to the Miners. Charming.
Donald will not Duck the economic issues of the USA and sees that lowering taxes not raising them is the incentive tonic to growth. Flogging featured in an earlier blog this week but raising taxes is simply flogging a dead horse.
Are we returning to the horse pulling plough era or are we going to pull in the new technologies that are out there and encourage those entrepreneurs to stay in Britain and perform with great reward or pillory profit in the social experience that Labour clearly are looking for. The enemy of all is the enemy named average. That’s stagnation guys.
qbitblogger 