"The current #UK #economiccrisis is a dual one of crumbling #publicservices and #stagnantgrowth, and a key mistake the #Labourgovernment is making is keeping #taxes too low. But is their reluctance to raise taxes primarily due to a hunger for #economicrespectability? It seems to me it is more about a hunger for #electability, and thinking (incorrectly in my view [1]) that higher taxes will lose them #votes because it will add to the current #costoflivingcrisis."

https://mainlymacro.blogspot.com/2025/06/why-following-path-of-last-labour.html?m=1

#UKpol