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Aravind's avatar

Excellent article! But the reason why Starmer is not going to do any of these things is also in the article: "...does he (Starmer) want to be the Prime Minister that made a small dent in housing, like his predecessors, or actually slay the planning regulation dragon and become a reforming prime minister with a legacy for the history books?"

At the end of the day, he wants to be the Prime minister, no matter the dent kind or the slaying dragon kind. So, he is definitely not going to act against the interests of the people who are "more likely to vote, more likely to live in a swing seat, and to be highly motivated concerning changes in their immediate surrounds." Fix this, growth will follow.

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ChapSC's avatar

The answer , with all due respect , to your very winded article is explained very simply by zero interest rates since 2008 - or very well explained in the book The Price of Time

Ok so we’ve had a spike recently but the die was cast back in 2008

All economic woes in fact lead from low/zero interest rates

The machine just stops working , it really is that simple

Look at Japan for example

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