Oct 1, 2022·edited Oct 1, 2022Liked by Rupert Cocke
Truss/KK's fiscal policy repeats the same exact mistakes that were first applied over 125 years ago in the US and repackaged ever since. The so-called Horse-and-Sparrow tax policy was an early experiment with supply-side economics, and it led directly to the panic of 1896. More recently, the tax-cutting Kansas Experiment that was implemented by Governor Sam Brownback in 2012 led to massive revenue shortfalls at the state level, forcing cutbacks in education, roads, and bridges. This is where the entire UK is headed.
Fantastic review
Truss/KK's fiscal policy repeats the same exact mistakes that were first applied over 125 years ago in the US and repackaged ever since. The so-called Horse-and-Sparrow tax policy was an early experiment with supply-side economics, and it led directly to the panic of 1896. More recently, the tax-cutting Kansas Experiment that was implemented by Governor Sam Brownback in 2012 led to massive revenue shortfalls at the state level, forcing cutbacks in education, roads, and bridges. This is where the entire UK is headed.
Great reports and News