#LibDems aka #FibDems omitting to point out that their 'new' policy is merely a re-affirmation of failed, #antisocial #Neoliberalism and demonstrates their #EconomicIlliteracy!

Via #RichardMurphy & his own blog:

https://www.taxresearch.org.uk/Blog/2026/02/12/the-neoliberal-democrats/

The NeoLiberal Democrats

As the FT has reported: The Liberal Democrats have set out plans to replace the UK Treasury with a “Department for Growth” in Birmingham, in a bid to close the “yawning gap” between London and the rest of the country and boost economic fortunes. Daisy Cooper, deputy leader of the centrist opposition...

Funding the Future
Bryce Wilkinson, one of the Treasury economists behind the introduction of neoliberalism in 1984 and now in NZ Initiative/ex Business Roundtable has just put out an opinion piece saying the public economy is like a household economy. #nzpol #economicilliteracy

Trump is hoping that voters are as economically illiterate as he is.
He seems obsessed with tariffs lately. Did somebody show him a vid about 19th century economics and trade recently?
In 1930 when the GOP still had a trifecta, Congress passed the Smoot-Hawley tariff bill. It managed to make the Great Depression even worse.
#tariffs #EconomicIlliteracy #DonaldTrump #WeirdDonald #Republicans #SmootHawley #USPolitics #FoodPrices #Election2024

https://nymag.com/intelligencer/article/trumps-plan-to-reduce-grocery-prices-restrict-food-imports.html

Trump’s Plan to Reduce Grocery Prices: Restrict Food Imports

Donald Trump was asked at a town hall how he would bring down food prices. He replied that he would restrict imports of food. That would, in fact, make groceries more expensive. Trump is fixated on zero-sum economic concepts.

Intelligencer