The money hasnt been reinvested because its been getting rid of the deficit , or reducing it to something manageable.AndrewJB wrote: ↑Sat Dec 14, 2019 11:42 amLook at what you’ve written. Even with historically low taxes we’ve had virtually no economic growth, and little investment. The money the government has foregone in revenue isn’t being reinvested. Money the government has saved by cutting spending on social services is having to be spent on justice and healthcare, to resolve the issues caused by the cuts to social services. Even Johnson said austerity was a mistake, yet you defend it still. Government investment can create the conditions in which private investment is encouraged.
They say that now its better they can afgord to invest in New hospitals, more nurses more police. We'll see if they are true to their word. The main point is you cant spend what you dont have.
If Labour could learn to run a budget, they might one day be able to help the people in need. As for defending austerity I don't like it but I also believe its a necessary evil. It wouldnt be necessary if the country was run better.
The best way to help is investing in jobs, more people contributing to the treasury coffers, less taking out. There are more people in work, more jobs, and fewer people out of work than ever. Its not an accident. The Tories encourage growth with softer taxes than you'd like for those at the top. You and a lot of others think its unfair, but the truth is it works. I think people can pay more tax, including me but when the Left wing propose punitive taxes it's self defeating. It doesn't help those at the bottom, it just punishes those at the top.