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The BoE arguably should be doing much more — raise that inflation target!
But more raise their middle fingers, angrily, with a forceful jab.
Not a day goes by without some self-proclaimed economic expert indignantly denying that fast growth leads to inflation -- after all, how can producing more raise prices?
If the problem is not dealt with, the city faces further credit downgrades and a savage cash crunch.Let's not be DetroitUnions say the answer is for the city to borrow more, raise taxes and slap a levy on financial transactions.
Jeremy Corbyn called on Labour MPs to "end the trench warfare" and get behind a socialist vision for Britain under which he would allow councils to borrow more, raise taxes on business to fund education and suspend arms sales to Saudi Arabia.
I know that I am extremely bullish, but think about it: In the most simplistic of terms to get the deficit down we must either tax the tax base more (raise taxes) or expand the tax base (more jobs, more profitable companies paying more corporate taxes, improving markets mean dividend and capital gains taxes, everyone is happy again and shopping so sales taxes spike as well).
Similar(52)
"And after she got through, a couple more raised their hands".
Ms. Ujueta received merit raises after three months, and more raises and responsibilities followed.
Too much about feelings, more "raising awareness" than much-needed concrete action.
There aren't any more raises or increases in my retirement fund contributions coming in.
So here is a question for policy makers: What would hurt more, raising taxes or reducing spending?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com