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!
Published at
2023-09-12 22:18:43Event JSON
{
"id": "16ac3cbe46ac7a5b758a9257fde0afe3671f9b7917ce7acb9245062aa1f503d8",
"pubkey": "b8de67a365b436ce300eb1049973026143f99e3d3712b326f302b7d6f49a2902",
"created_at": 1694549923,
"kind": 1,
"tags": [
[
"t",
"tonyblair"
],
[
"t",
"keirstarmer"
],
[
"t",
"tories"
],
[
"t",
"austerity"
],
[
"t",
"Keynesianism"
],
[
"proxy",
"https://zirk.us/users/ChrisMayLA6/statuses/111054023765567759",
"activitypub"
]
],
"content": "#TonyBlair says #KeirStarmer shouldn't 'tax \u0026 spend' because the #Tories doing that is what got the UK into a mess.\n\na: what did he think #austerity was/is?\n\nb: all (ALL) Govts tax \u0026 spend - its what the state does; Blair's warning is really a warning against #Keynesianism! \n\nGiven 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!",
"sig": "0138d8e9ca5cae77f13f428c72043359f8c98332f44266131a755350e9a7357256d97f7e6f689fbc3f71dbba38fb3a5ecb1bd75490c9e57103c7e070688992f1"
}