UK economy ground to halt even before Iran war energy shock | Reuters

Started by rcjordan, March 13, 2026, 02:20:50 PM

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ergophobe

The Demonic Policy Strangling the British Economy
https://www.slowboring.com/p/the-demonic-policy-strangling-the

You don't get much before the paywall, but you get enough.

TL;DR: coming soon to a country near you*

*unless you're British, then it has already arrived

rcjordan

QuoteInstead, the right is obsessed with the idea that mysterious forces of fraud have run off with all the money, while the left has convinced itself that billionaires aren't paying any taxes.

But it's not some huge secret why it seems like the government keeps spending and spending without us getting any amazing new public services — it's transfers to the elderly.

This is, as best I can tell, a fully international problem. And maybe the most severe version of it is happening in the United Kingdom, where both of the country's long-dominant political parties are collapsing in the face of mass voter outrage at the status quo.