Reeves’ False Debt and Interest Problems

Throughout January, there has been much excitement in the main stream media about the state of the government finances.  Apparently the ‘bond vigilantes’, by reducing the amount they were prepared to pay for a government bond, were expressing their displeasure with proposed government policies.  We were told that Reeves was ‘all out of money’ and would likely … Continue reading Reeves’ False Debt and Interest Problems

Introduction to “Fiat Socialism” by  Carlos Garcia Hernandez.

Published by Lola Books, 2023 By John Clayden Worker's MoneyI remember well over thirty years ago standing outside one of the biggest halls in Newcastle upon Tyne with a group of unemployed workers lead by a great unsung hero of the working class - Andy Robertson an oil rig worker who had organised his fellow … Continue reading Introduction to “Fiat Socialism” by  Carlos Garcia Hernandez.

How to pay for it.  The case for the elimination of the cap on child benefit.

An imaginary interview between the BBC and a progressive Labour Party by Michal Lerner BBC:  Labour says that it will eliminate the cap on child benefit.  That will cost some £1.3 billion.  How will Labour pay for it? LP: A Labour government will pay for it the way British governments pay for everything that has been approved by … Continue reading How to pay for it.  The case for the elimination of the cap on child benefit.