You might have formed the impression that Paul Johnson, former director of the Institute for Fiscal Studies, knows what he's talking about. The media treats him like the voice of God. But here he is - and not for the first time - talking out of his hat. Let's break it down in a short thread. 🧵
@georgemonbiot.bsky.social
"Not competitive" generally means: "We have a long-established business model that has sunk its research and development costs, maximises next-quarter profits and has consequences that don't immediately affect me in the near future."