I think this was somewhat anticipated within government though, as John Van Reenen had spoke about raising the cost of employment but loosening the cost of capital as a productivity boost. See this from Jan 2025 www.theguardian.com/business/202...

Hi James, some interesting pre-budget polling from More In Common today. The public view the Winter Fuel Allownace being means tested as a worse scandal than Partygate and the Mini Budget. The majority of people also believe we're in a recession and that the Cost of Living crisis is permanent.

Thr public view Winter Fuel Allowance being means tested as a worse political scandal than Partygate and the Mini-Budget.

The real fun is looking how much it is going down in other currencies 😁. So much winning!

Most points covered by others, but also worth mentioning that the reduced US demand is being predicted to be deflationary elsewhere as goods are sold for cheaper, so fingers crossed that brings inflation down a bit

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So if Corbyn had cut defence spending would you have classed that as austerity? Do you realise that all measures, including tax rises, taken to reduce deficits are austerity? Would you have preferred us go into even hogher deficits?

Even the FTs comments are apocalyptic. Everything upvoted is about complete collapse, get out, doom mongering etc. It is grim path when these narratives take hold. I mean look at this, top comment on an article

Wages have outstripped inflation in the US for a couple years now www.americanprogress.org/article/amer...

She's riffing loads of different stories to create to see what goes viral. Engagement = truth for these people, she does genuinely believe these things but it's more that she plays the news like a create your own adventure game with other participants. A pilled DnD.

Not just that, but being a tech billionaire saying there has been a significant slowdown in technological progress in the past 50 years 😵‍💫😵

Yep! I have met some really gross young tankie types IRL, apparently all left wing and academic but were denying the holodomor and saying Ukraine deserved it for pushing for NATO. Eddie's writings on his trip are grim. morningstaronline.co.uk/a-3c94-the-p...

The power of Reddit is undeniable. Jokes aside, the ideology of atheism as a belief system/school of thought rather than just not caring about god did take off online around then.

A tale as old as time

Relatively fewer than at any point in human history.

They have so much barren, otherwise-unproductive cheap land to become a renewables giant of Europe. Interconnectors to trade with DE, NE and UK for offshore wind is going to really accelerate things! The futures bright. -

Poppy says hello Cheesecake 👋