The staggering thing is that every Chancellor of the Exchequer I can remember since the 1960s when I studied Keynsian economics either didn't understand how money is created and how the macroeconomy actually works (in which case why was he appointed?) OR he was lying to the public (in which case why was he appointed?). Rachel Reeves could become the first female Chancellor, but she'll be carrying on a venerable tradition of ignorance in office!
I believe that the ignorance is fake because they believe that most of the public don't understand the economics of running a country. Many don't.
In Scotland we are fortunate, especially those of us who have campaigned for Independence for years. We have so many resources to call on, and we need to keep informed on so many issues. You can't work on a street stall and not have the facts at the front of your brain.
When I look at government ministers, I think it's like hiring a plumber to re-wire your house, in Canada, ministers usually have to be experts in their given portfolio.
That would be revolutionary in the UK where the only qualification for those important positions is the ability to suck up and satisfy the rich donors.
The staggering thing is that every Chancellor of the Exchequer I can remember since the 1960s when I studied Keynsian economics either didn't understand how money is created and how the macroeconomy actually works (in which case why was he appointed?) OR he was lying to the public (in which case why was he appointed?). Rachel Reeves could become the first female Chancellor, but she'll be carrying on a venerable tradition of ignorance in office!
Yes, she’s a product of the insanely inept and clueless Bank of England and has her corporate masters to please as well.
I believe that the ignorance is fake because they believe that most of the public don't understand the economics of running a country. Many don't.
In Scotland we are fortunate, especially those of us who have campaigned for Independence for years. We have so many resources to call on, and we need to keep informed on so many issues. You can't work on a street stall and not have the facts at the front of your brain.
When I look at government ministers, I think it's like hiring a plumber to re-wire your house, in Canada, ministers usually have to be experts in their given portfolio.
That would be revolutionary in the UK where the only qualification for those important positions is the ability to suck up and satisfy the rich donors.