Burnham’s £45 energy announcement sounds generous, but the average worker is paying £888 more in direct tax, bills remain higher than when Labour took office, and his wider record deserves scrutiny.
Thanks for dropping by! Puns aside, the numbers certainly highlight a big gap between grand headline promises and what actually lands in people's pockets. Appreciate you sharing your perspective!
Great stats Jamie. Everything you said was exactly correct.
I can tell from his first two moves that Burnham hasn’t grasped the nettle. He is rearranging the deck chairs! He has no ideas beyond tinkering. If he had he’d have got on with it.
As you quite rightly point out the problem at hand is enormous. And his opening gambit is minute. The hype is shocking. Once again a leader has been chosen NOT knowing his views vision or ideas. When Jeremy Corbin was chosen Labour had a series of interviews. To get to know their chosen best. This didn’t happen here. He has been crowned because of popularity alone. That’s not good enough. Now Corbin was a disaster. But the system should have picked the best. But Corbin wasn’t it. He was just more skilled at talking a good talk. He didn’t have any ideas either!
So I fear we have again got another tinkering leader.
As I have said before. We have a monetary system that has an amount of money in it. That one pot has to be sufficient for all our needs. It rotates and gets earned and spent to grease our palms. But more and more that money is missing. It’s sitting somewhere in banks here and abroad NOT being earned by us as a result of it being SPENT by its owners, oh no. It’s being used by those banks to leverage and loan to us in dribs and drabs. So we get indebted money instead of freely spent rotating money.
That resultant flow gives us debt and gives them our future earnings and profits. So they, the owners of that money, don’t ever have to spend it back. Not while we are all paying them our future earnings.
This withholding of money, vast sums of our much needed money makes our tax paying pot insufficient for our needs and makes our governments tax take insufficient too. All because they are allied to keep our money.
We on the other hand spend all we earn because it is insufficient. We can’t pay our way nor can we even afford to enjoy ourselves. Not because there isn’t enough money out there. No. It’s because the amount we gave us too small and too full of debt!
We have been underfunded for decades. This has to stop and the debts are becoming unsustainable.
We don’t need a reduction of vat on electric! We need the vast sums of money that sits in those bank accounts here and abroad to be spent here on our workers and in our businesses.
Taxing isn’t the answer. We need them to spend it back! That’s the only way for any economy to work. Full flow. All money being spent all of the time. Earning all the time, higher wages much higher. Enough to stop borrowing! And make all money rotate all of the time.
Trying to manage on insufficient money is disastrous.
Spot-on observation, Brian! The deckchairs are certainly being reordered while the wider economic engine needs far deeper attention. Keeping money circulating productively rather than bogged down in debt is the real challenge. Thanks for the detailed thoughts as always!
It is just that I am still to meet those who are in this bracket. Majority of people I talk to are on min wage or barely exceeding £13/hr. That's circa 525-550 before tax. Sadly, situation is even more dire. Thank you for all your work, Sir.
Ah, no need to apologise—sarcasm is practically a required survival skill in British economics these days! You make a fair point; regional variations mean national averages often feel completely detached from everyday reality. Thank you for the kind words!
Communism is a disease, and burn-em has it, like they all do, congenitally, it seems
Thanks for dropping by! Puns aside, the numbers certainly highlight a big gap between grand headline promises and what actually lands in people's pockets. Appreciate you sharing your perspective!
Great stats Jamie. Everything you said was exactly correct.
I can tell from his first two moves that Burnham hasn’t grasped the nettle. He is rearranging the deck chairs! He has no ideas beyond tinkering. If he had he’d have got on with it.
As you quite rightly point out the problem at hand is enormous. And his opening gambit is minute. The hype is shocking. Once again a leader has been chosen NOT knowing his views vision or ideas. When Jeremy Corbin was chosen Labour had a series of interviews. To get to know their chosen best. This didn’t happen here. He has been crowned because of popularity alone. That’s not good enough. Now Corbin was a disaster. But the system should have picked the best. But Corbin wasn’t it. He was just more skilled at talking a good talk. He didn’t have any ideas either!
So I fear we have again got another tinkering leader.
As I have said before. We have a monetary system that has an amount of money in it. That one pot has to be sufficient for all our needs. It rotates and gets earned and spent to grease our palms. But more and more that money is missing. It’s sitting somewhere in banks here and abroad NOT being earned by us as a result of it being SPENT by its owners, oh no. It’s being used by those banks to leverage and loan to us in dribs and drabs. So we get indebted money instead of freely spent rotating money.
That resultant flow gives us debt and gives them our future earnings and profits. So they, the owners of that money, don’t ever have to spend it back. Not while we are all paying them our future earnings.
This withholding of money, vast sums of our much needed money makes our tax paying pot insufficient for our needs and makes our governments tax take insufficient too. All because they are allied to keep our money.
We on the other hand spend all we earn because it is insufficient. We can’t pay our way nor can we even afford to enjoy ourselves. Not because there isn’t enough money out there. No. It’s because the amount we gave us too small and too full of debt!
We have been underfunded for decades. This has to stop and the debts are becoming unsustainable.
We don’t need a reduction of vat on electric! We need the vast sums of money that sits in those bank accounts here and abroad to be spent here on our workers and in our businesses.
Taxing isn’t the answer. We need them to spend it back! That’s the only way for any economy to work. Full flow. All money being spent all of the time. Earning all the time, higher wages much higher. Enough to stop borrowing! And make all money rotate all of the time.
Trying to manage on insufficient money is disastrous.
Spot-on observation, Brian! The deckchairs are certainly being reordered while the wider economic engine needs far deeper attention. Keeping money circulating productively rather than bogged down in debt is the real challenge. Thanks for the detailed thoughts as always!
Those median earnings listed in the article… which country you referring to please?
Covers the UK
https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours/bulletins/annualsurveyofhoursandearnings/2025#employee-earnings
Yes, I was being sarcastic... sorry.
It is just that I am still to meet those who are in this bracket. Majority of people I talk to are on min wage or barely exceeding £13/hr. That's circa 525-550 before tax. Sadly, situation is even more dire. Thank you for all your work, Sir.
Ah, no need to apologise—sarcasm is practically a required survival skill in British economics these days! You make a fair point; regional variations mean national averages often feel completely detached from everyday reality. Thank you for the kind words!