Two policies spring to mind:
Abolishing the House of Lords
GB Energy
Edit. Actually 3, https://labour.org.uk/stronger-together/britain-2030/green-and-digital-future/
Bidenomics might not be a US vote winner, but fiscal stimulus via the IRA is a solid economic idea
Finish it tomorrow
There's high on meth, and then there's this guy
Autoflowers are so easy to grow, I haven't gone dankrupt in years, paying £10 a gram is crazy
Problem is he's lost so much money by being a bad hedge fund manager that the two times his gambles have paid off are massively outweighed by his years of losses
It's a close tie between him and the haunted pencil Rees Mogg for the worst fund manager of the century
The RDG said ticket office staff would move on to station platforms and concourses in “new and engaging roles”.
Sounds like preparation for being homeless
I'm still waiting for the Abba party one
GDP growth was similar in the twentieth century and the nineteenth, averaging 2.1 per cent in both cases. Higher productivity growth in the twentieth century therefore is associated with weaker growth of total hours worked, due to a combination of weaker employment growth and falling average hours
You don't understand your own link, 🤡
Yeah, sounds unlikely doesn't it?
But that's what the forecast says. 4% of productivity lost over the long term of 15 years due to loss of comparative advantage
https://obr.uk/forecasts-in-depth/the-economy-forecast/brexit-analysis
But the forecast is for the cost, no benefit is included.
The loss of comparative advantage is replaced, I'd argue, with competitive advantage which has a much stronger effect. The UK is no longer bound by the anti science regulations on genetic engineering and the new overly restrictive proposed regulations on AI
GDP per capita is a ratio of GDP / population, so if you do more with fewer people, by using automation, robots and AI, your GDP per capita will grow...
The 4% figure over 15 years is a difference of 0.29% to 0.27% productivity growth. Government policy has at least that 0.02% effect
I predict a Starmer govt will be able to introduce policy that will offset the productivity loss just by investing in renewable energy, let alone any research universities' innovations.
Inflation Reduction Act