Trick, Or Treat, UK Productivity: If You Tax It, It Won’t Come

“These are HER choices. So, stop blaming everyone else and take responsibility for them." (Rt Hon. Rishi Sunak)

(Caption and editing by the Author)

Summary:

·        UK employers are paying more for, and trying to do more with, fewer employees.

·        UK employees, in general, are trying to avoid doing anything, at the level they did pre-Covid, for more, or less.

·        Labour intends to tax constrained employers, and evasive employees, more than they are currently taxed; what could, possibly, go wrong?

·        Labour intends to tax equity capital formation, that could deliver productivity, in lieu of evasive/expensive employees; what could, possibly, go wrong?

·        Demand and supply destruction of labor, and capital is inevitable; combined with more unsustainable national debt.

·        Productivity destruction is inevitable; combined with more unsustainable national debt.

·        Unsustainable national debt has, semantically, been made to appear sustainable with a fiat re-definition.

·        What unsustainable national debt the, insolvent, Bank of England cannot monetize, the IMF will have to restructure.

Extracts

(Source: Adzuna, caption by the Author)

(Source: Adzuna, caption by the Author)

(Source: Adzuna, caption by the Author)

(Source: the Author)

·       “Grim Labour” has prioritized re-election over the Ungovernable Kingdom’s (UK’s) economic growth problems.

(Source: the Author, August 3^rd 2024)

(Source: Bloomberg)

(Source: Bloomberg)

·       “Grim (Reaper) Labour’s Cheka” confiscates pensioners’ wealth to transfer to public sector foot soldiers.

·       “Grim (Reaper) Labour’s Cheka” confiscates pensioners’ wealth to fund public sector capital investment.

·       The “Grim Reever” does not understand that you cannot confiscate an actuarial deficit by pretending it is hypothecated national wealth.

·       When the “Grim Reever” realizes she cannot confiscate a deficit, she will oblige the Bank of England to monetize it.

·       An obliging Bank of England will monetize the Ungovernable Kingdom (UK) into the “Weimar Ungovernable Kingdom” (WUK) rather than the “Woke Kingdom” (WK) status quo.

·       The “Weimar Ungovernable Kingdom” (WUK) is the hyperinflationary gateway to “Far Right Reform”.

(Source: the Author, August 17^th 2024)

(Source: Bloomberg, caption, and editing by the Author)

(Source: Bloomberg)

·       The “Masters of the Asset Class Universe”, have tumbled, and are evading Don Keir “Inner Temple’s” next caper.

·       The “Masters of the Asset Class Universe’s” evasion is the Bank of England’s balance sheet diversion.

·       The Bank of England’s diversion will be the IMF’s invasion.

(Source: the Author, September 7^th 2024)