The Bunker – News without the nonsense Time to grow up: How to boost the economy without Trussonomics
Feb 22, 2023
28:53
Britain is all but in recession. We’re far less productive than other European countries, and take the industries that do well for granted. Trussonomics was one idea to boost growth — and we all know how that turned out. But if cutting taxes isn’t the solution to our problems, what is? Greg Thwaites from the Resolution Foundation joins Ros Taylor in the Bunker to find out.
- “Most of the growth that we've had in the economy hasn’t come from people being more productive, it’s from people doing more work.”
- “What the average UK worker can produce in an hour, it takes the average French or German or US worker ten minutes less to produce.”
- “You can liken the UK to a passenger jet that’s flying on one engine: it’s not safe.”
Written and presented by Ros Taylor. Producer: Jet Gerbertson. Assistant Producer: Kasia Tomasiewicz. Lead producer:Jacob Jarvis. Bunker music by Kenny Dickinson. Audio production by Alex Rees. Group editor: Andrew Harrison.THE BUNKER is a Podmasters Production
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