Labour's election

 Well done!  At last we have a labour Government.  I think that they have to start to turn things round before the end of this parliament or else they will be election toast.  I have been watching some interesting things on YouTube.  One of the things was a gentleman talking about tax and spending in this country.  When I was younger, income tax rates were 30% for everyone and the higher tax rate was 60%.  Corporation Tax was 52%.  There has been a lot of talk about the difficult situation that we are in, the "worst since the second world war".  That was covered in another video and it was said that Clement Attlee, the Labour Prime Minister after the war, borrowed millions and invested in infra-structure projects like Council House building, the Welfare State, the N.H.S. etc.  Where would we be now if those projects were not started?  Do you want to know what political party has the record for building Council Houses? It may surprise you to know that Harold McMillan, a Tory, has the record for building 300,000 Council House in one year.  Stunning! Keir Starmer has said that he will only spend what he can afford.  Borrowing money to build houses so that we get out of this housing crisis would be a good thing.  Borrowing money to invest in Green Energy that would require more jobs for people, would be a good thing.  There are lots of good reasons to borrow money to "get things done".  There are even better reasons to tax the rich to invest in things that would make life better.  The people with lots and lots of money have seen their wealth increase by 50% in the last five years.  Do you know anyone whose wealth has done that?  I don't!  Rishi Sunak has a personal fortune of £7 billion.  He did not need to take the salary for the job of Prime Minister.  I don't know what he gets from his wealth, but I once heard that £1 million invested carefully could get you an income of £5k per week!  A quick calculation tells me that Rishi gets somewhere in the region of £30k per week.  Lots of people say that you should not tax the wealthy as they are the "wealth creators".  These are the people whose wealth has increased by 50% in the last five years.  Apart from creating wealth for themselves, who else have they created wealth for? If the super rich leave England after we tax them, I will hold the door open for them.