Interesting development as the Swiss had to accept basically most of the EU rules, including free movement of people which the Brexiteers campagned so hard against.
Translation: The UK economy must be in the doldrums.
Senior government figures are planning to put Britain on the path towards a Swiss-style relationship with the European Union.
The move, intended to forge closer economic ties, is likely to infuriate hardline Conservative Brexiteers.
Jeremy Hunt, the chancellor, last week signalled that Rishi Sunak’s administration intends to break from the approach adopted by Boris Johnson and remove the vast majority of trade barriers with the bloc. …
The crawler on the BBC last week said the new budget is due to be released in a few days. Will be interesting to see who pays the extra taxes, and who suffers the budget cuts.
In a lot of ways it is demand side econ. The US post WW II demand side econ included a lot more welfare by LBJ’s time. This plan is high growth. The increased taxes occur as incomes rise with inflation but the brackets do not rise. The US raised the brackets a couple of weeks ago. The US raised taxes. The other side of raising taxes is supplementing specific infrastructure spending as the IRA does. The UK will follow later.