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2023-09-12 22:18:43

Emeritus Prof Christopher May on Nostr: #TonyBlair says #KeirStarmer shouldn't 'tax & spend' because the #Tories doing that ...

#TonyBlair says #KeirStarmer shouldn't 'tax & spend' because the #Tories doing that is what got the UK into a mess.

a: what did he think #austerity was/is?

b: all (ALL) Govts tax & spend - its what the state does; Blair's warning is really a warning against #Keynesianism!

Given that some sort of Keynsianism is pretty much the only long-term economic strategy that (despite what rightist economists think) can make a claim for historic success, Blair seems on the side of the sado-monetratists!
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