Tax the super wealthy, close tax loopholes. Wealth inequality is destroying this country.

you know the economic state is really bad when journalists can't even afford socks

Fantastic video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??

How can disabled people return to work if not given enough health care to be healthy enough to work?

Whos smart arse idea was it to privatise care homes? 🤦‍♂️

Austerity never ended.

Really do feel like Labour are just gonna status quo on issues where they need drastic change, the public will feel the lack of change and we'll be right back with the Tories in an election or two.

To put £7bn into context. The difference between the defence budget that we need to spend to be a member of NATO (2%) and the amount we currently spend (2.3%) is around £7bn. And Labour will raise it to 2.5%. £7bn is around £100 per person - for context, an MRI examination costs the NHS around £300. It's quite telling that for health spending they use big number, whilst they use small % for military spending.

This is the most thoughtful analysis I've seen throughout this whole election. I feel like a man who has been walking through the desert for days under the baking sun who has finally found a small sip of water.

This time instead of the 'eat s*** and die' variety of austerity that we had under Osborne, Reeves is going to bring us the 'there is no austerity and if it so happens that there is, you will thank us for it' variety of austerity.

This is why I'm voting green. Lib Dems and Greens have the only left leaning economic plan not based in continued austerity.

As I commented on another video, am voting Green. If the right can play silly buggers and do protest/anti-establishment votes for Brexit and Reform, then I shall do so leftward. Two fingers to the climate deniers and austerity merchants.

CAN YOU TALK ABOUT THE WAR ON DISABLED PEOPLE??? RADIO SILENCE.

Top bloke Andrew 👍

i get called a Tory for saying things like Labour will bring in new austerity measures if they get in..

Oli with the, 'On my way to the beach in benidorm' fit.

The problem is the Labour Party’s inability or refusal to make the argument for growth based on borrowing. Nobody ever stands up and makes it clear that the economy is nothing like a household budget. They never point out that even Thatcher knew her economic policy was wrong and rolled back on e.g. monetary policy. They never explain how the NHS etc was initially funded or that Japan has debt of 200% is GDP. Those on the left who should care about making ppls lives better need to be saying these things out loud at the same time as giving hope by telling ppl that things really can change. They need to explain that inward private investment comes from public investment and building a happy successful society; that all the millionaires won’t leave if the country is a generally good place to live, that other countries with less wealth inequality get higher investment because they have better wellbeing scores. The left needs to have the balls to make the argument in ways that everybody can understand. They need to do so with feeling and hope and back it up with facts that appeal to ordinary ppl. The Attley example is a very good one. They should use it.

I’m praying that we don’t have to live through that. At present the progressive independent candidates, Plyd, Greens and Lib Dem’s have the best offer on the table in England and Wales. Hopefully SNP will do the same in Scotland this week. As for NI, fingers crossed for SF, SDLP and Green.

The labour party won't be doing anything that negatively effects the wealth of their donors.

Let’s tax the asset holders.

They keep talking about disabled people returning to work. And people who have been adjudged by a work capability assessment as unable to work. Labour are going to scrap the WCA. Why? Because they want people who've been assessed as incapable of work to go and work anyway. They want everyone who can't work to go work anyway or face benefit sanctions and go die quietly in a corner. There's been a big rise in people not working since the pandemic. Why? Because there are now more people who can't work. A Labour government will strip the the sick and disabled of all protection. Why? Because they want sick people to either do work they just can't do, or go die in a corner somewhere.

If Keir were leading Tory Party with his exact same policies would the exact same people vote for him?! Real Left have to stay morally committed, consistent & courageous Love to you all always

Government spending like a house budget this is why we keep in the sh**t. The pain will be coming in 2025

Great interview. Well done Ollie.

Brilliant. I'd wager many of us didn't realise how dire this was looking

This will be the first election that I will not have voted in. I am politically homeless based on the manifestos of all the available parties.

Makes you angry and sad at the same time.

First one i watched . Well worth it🎉

As always, Andrew Fisher is a tonic. Intelligent interesting and reasonable. Great.

I think one of the biggest problems with UK politics is that aside from elections, we don’t get to decide who is our prime minister. No one voted for our last three prime ministers.

Another great interview by the GOAT Mr Dugmore ❤

This should have been a longer interview!

Dont understand this "we are not going to borrow" approach. The UK government average borrowing per month is circa £20B, of which £8.5B is to cover debt interest. Every month. The books haven't balanced one month...this century. Please don't appease this nonsense by going with the "we won't borrow" narrative They will borrow. Proof: visit ONS on 21st August to see borrowing for July 2024, borrowing will be £20B, debt interest will be £8.5B

Our form of Torie Govt in NZ, National has slashed across the board social and public services. YET have borrowed 12billion for tax cuts and 3billion for landlord tax relief. What's happening in aUK is happening here. Depressing.

I hope there isn't going to be more austerity after more than a decade of it there's going to be riots in the streets. Our country is totally broken because of it

The FASCIST Oligarchs started Austerity in America, which is now a SHAMBLES & as Sovereign Monetary Nations, our ONLY spending Constraints are Real Resources & Productive Labor Capacity. These are what BACK our Currency & different expenditures use varying amounts of Resources & Labor. If we INVEST in Training, we increase our Labor Capacity & USE very FEW Resources, the Finite Constraint, to do that! Read #TheDeficitMyth by Kelton, & #TheFederalJobGuarantee by Tcherneva!

Starmer is a Tory, Stop supporting him to get the Tories out, we will get more Tories under him.

The government needs to borrow money interest free, so zero cost financing. You cannot do this fully costed nonsense because it doesn't acknowledge the absurd debt based financial system which demands you must increase money supply or debts will default because all new money is created as a debt with interest attached and the interest payments do not exist in the economy until more money is borrowed(created) into the economy. But the government needs to start borrowing interest free, zero cost financing for all public spending, why does a private interest have the right to receive interest on newly created money?

Great video, love to know who Andrew is intending to vote for!

KEEP SHIFTY STARMER OUT VOTE 🌟🇬🇧REFORM 🇬🇧🌟

The % increase in tax he compared to 2019 is not really giving a true picture. The Tax take has risen significantly since 2019 so the % being added is actually more than he indicated. Given the very high tax take at the moment, nearly the highest ever, and if the Labour Party had raised taxes like this over the last 5 years there would have been uproar from the Conservatives. However as the Conservatives have raised tax so much already there is more money available than there was in 2019, so it is more about how it is distributed hopefully giving the incoming Government sufficient to work with, especially if they can stimulate growth.

I do hope so.

There is a money supply. If the richest have more money now, they either got it from poorer people, or from bank loans... Neither is good.

The Conservatives promise things that they're don't deliver regularly, why shouldn't Labour? With how short the memory of today's voters, they can say what they like nearly and people will forget.

A sensible and reality discussion by Politics Joe….

Growth haven't happened. Because weve closed manufacturing and we are basically a massive warehouse. Storing all manufacturing imports.

I'm a life long labour supporter now considering voting Green 💚

Does the manifesto mention anything about ending zero hour contracts, stopping channel crossers, a vision on handling AI in workplace and education, making houses more affordable and preventing rich landlords from buying up homes and renting them out to multiple not-well-off young people?.... if not, then still not got my vote yet then as these are the biggest worries for the country at this time!!!

Doing this as a % of national income isn't the right way of looking at it either. If the economy shrinks the population doesn't shrink too.

AUSTERITY - TAKE TWO......

We need a goverment that will make the wealthy pay all the tax they owe, then there'd be no need for austerity!. Also stop people making a fortune from essential public services, and re-nationalise all of them.

Lol I feel like oli went quiet when he said about people's family's wealth increasing. Dudes family is looooaded.

Orgreave Inquiry, is possibly on the table 🎉

Why does he keep grunting throughout the video😂

Workers party gb has got to be my vote

I really have no idea who to vote for this election. All parties have maybe one policy I like, they all have loads I hate. It really feels like a "Sophie's Choice" situation at the moment.

I bet you ... London to a brick...Mrs Starmer won't be measure ING for curtains at number 10

It’s sadly inevitable a decade of flatline growth and a Government debt crisis in Autumn 2022, have left almost no room for the incoming Government to do otherwise. The fiscal headroom and tax cuts the Tories have talked about is literally the space between current borrowing plans and another debt crisis. But it doesn’t have to be the way things are now, the NHS was born during the austerity of the post WW2 era, the post war Government invested massively on regeneration of the economy and bombed cities and that set the path for the massive transformation in living standards in the post WW2 era, all while we were still in the post was austerity period. That’s the difference between what Starmer and Reeves are taking about when the discuss a razor focus on growth because ultimately that’s what gets us out of the Tory economic death spiral.

When governments waste money they divert it from productive uses where it could create growth. In this way governments high spending can slow growth.

On the "wait until we're in office to open the books" Im hoping, and i know its a false hope, that this is a strategy that Labour are employeing to 'not rock the boat' for the election. They will win, and by a massive majority. When they win, rhey know thints will have to change so they can use the "the books are cooked - we need change" angle to do aome interesting things in government. Maybe.....

How is that man 45 years old?

Maybe, but at least the theivery will be curtailed under intense scrutiny.😮

Health and social care has been destroyed by successive governments ( going back to Thatcher and including Blair). More and more disabled and elderly have to rely on neighbours, friends and family. That has a knock on effect of family members having to give up work to care for a sick/ disabled family member. That’s usually a female member of the workforce. Leads to even more poverty and inequality.

Large portion of major expenses come from land regulations causing high costs and less houses built and expensive infrastructure that has a knock of effect on: portion of peoples wages after living costs, high street pricing out most people to set up a business (many empty shops in high value areas), NHS from elderly getting ill more from close contact with others and not having the extra money to properly look after themselves,

Labour are well aware of the reason they are going to win. It's not through popular support, it's through popular hatred of the Tories. The reason Labour aren't promising anything is because they don't want to screw up there undeserved popularity. They will coast for the next parliament doing very little to improve anything, but equally trying to stay so mundane that the public don't get pissed at them. If they succeed you'll see another watered down, we promise nothing manifesto next term. If they screw things then you'll see the radical manifesto in an attempt eek out at least another term. It's a race to the bottom with British politics.

Boat shoes and no socks, massive loss of respect

@<a href="#" class="seekto" data-time="1670">27:50</a> - Way ahead of you there. 😺

I'm not sure I agree that vat is a regressive tax, maybe the way in which we have it set up is regressive and it could be better focused, but it's absolutely necessary to catch money that is taxed through other means/or faces much lower rates in the economy.

Governments should not be flush with cash. They should be screaming for money for great verifiable reasons and competing internally for the best use. Otherwise they become flipent and wasteful like today. Tax take should be around 10%-20% national output max as per other more successful countries.

Austerity would've worked if it was actually done. Austerity would've led to much higher strength during covid and a much faster bounce back. However the tories didn't do austerity they cut public services and then used debt to pay for them. Austerity is reducing public services to reinvest into domestic production. Austerity paid for tax cuts not reinvestment.

Austerity is so bad Ollie can't buy socks...

Nothing wrong with the 2019 manifesto, it was external factors that scuppered it.

In order to get people with disabilities into work they need to bring back access to work which the tories have scrapped

Very insightful interview but as other people have already commented, please ditch the intro sequence. We don't need to see the same section of a conversation twice.

their wont be a change in labour they will carry on with the same Tories policies

unless they get growth .....or unless they begin to address inequality in income distribution and bring it back-via effective taxation- to 1970's levels

This is the trouble people like this don’t even tell the truth or contextualise things. For example The rich still have the biggest burden of taxes in totally. The poor are paying a fairer share but are effected by indirect taxes more. Wealth has increased for everyone. But the bottom 20% there income is a greater share of there wealth then asserts. The top 10% assets are by far the biggest share of wealth and is split domestically and globally. Majoirty if the wealth increase in the top are assets not income. The biggest squeeze for the bottom 20% is income and the fact it doesn’t go as far as it use to.

yes you are absolutely right

Labour's plan is to get elected for ONE term... Then the PR team will push "well give them a chance".

This is really good but I Have to ask! Is this going to reach the 'sheep's who need to know?

<a href="#" class="seekto" data-time="1818">30:18</a> Are normal people really going to be up in arms if Labour makes the ultra rich pay more tax because it was not in its manifesto???

Keir starmer will be the best Tory PM this century

So it's double austerity? Triple austerity? 100% tax?

I think it should be demanded that Keir Starmer Labour Party releases plans based on good growth, some slow growth and no growth, rather than just saying oh we just have these few steps that we have to cost and everything else can be magically sorted out by growth. I want to know what they plan to do in each of those three possible scenarios .

Let’s tax the government

Vote Reform ✔️🇬🇧

I can't watch this anymore, the host thinks what happened in 2019 is hilarious.

Reform said they would take back control of interest rates, lower vat, and increase the tax threshold to 20k. All three of those thing would mean I could eat more than one meal a day. Labour and Tories offer increased inequality though policy.

Will they cut the waste in the civil service DEI etc no!

Labour are not a permanent solution to the tories. England doesn't have a permanent solution to the tories. Scotland does and it's called independence.

Great fella

get reform in that will do it

Vote Green

The main two are Neoliberal. Forget left or right think economic model .Support the markets at all cost .

Can you please bring on someone to explain mmt.

Labour are going to fail miserably. But in a few years I'm sure there will plenty of comfortable middle income centrists doing their best "This is fine" meme impression while the rest of us face continued hardship and a France-like rise of the hard right.

🤠❤️💚

'You can download the books '. That's a crap point. I'm guessing but I imagine the argument is more about what resources being in government provides for looking at those books and making a decision.

it could be 100000000000000000000000000000000000000000000000000000000000 trillion pounds The uk govt isnt constrained by £s Simply look at what you want to do and are there the real resources to achieve it ? Real reources are the constraint , not £s FFS!

The mistake Andrew made was writing a manifesto to help people instead of salesy, PPE-speak bullshit.