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By brassnecked · Posted
Yes that should clarify the actions required -
By honeybee13 · Posted
Well I take it back about Johnson not doing anything. Apparently he's planning to do a 'farewell tour' to say goodbye to other government leaders but not much seems to have been confirmed so far. Biden's playing hard to get, the Polish PM isn't sure he has time to meet and it's not clear if he'll speak to Macron this week. There's always Zelenski, I suppose. Anything to try to stay in the limelight. -
Just curbing the rampant profiteering by the large energy companies would be a start The profits they are making in just the last 3 months are obscene, and they are shunting around 50% of it (billions and billions) straight back to shareholders in buy backs and dividends. Capitalism gone amok 'Governments directly subsidising the high cost' as you suggest is just shunting taxpayer money into energy company obscene profits, although its a slight improvement as its at least those who earn enough to pay tax that would be hit more - bit of course not the wealthiest, who report sod all taxable earnings in the UK. Its the profiteering that needs to be curbed. and it needs to be done 3 months ago.
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By unclebulgaria67 · Posted
Might be worth looking at stature barred argument more closely. What is the basis for thinking the debt is stature barred ? Deferment is acknowledging the debt and keeping it live. So when has there been 6 clear years of no payment or acknowledgement? -
By unclebulgaria67 · Posted
On BBC News night yesterday they were talking about the economic crisis and imagining the possibility that some large businesses who are high energy users could be restricted to 3 days working during the Winter. Given the very high costs of energy, I guess in some cases, businesses might decide that it is uneconomical to continue production anyway, as they could not pass on the increased costs of production to buyers. Governments including UK should look at directly subsidising the cost of energy to keep the prices down, as if they fail to do so, the economic consequences could be greater. They would need to do the sums, but by my reckoning, the cost of Government paying to keep energy costs at current prices would be cheaper than just letting the prices continue to rise and then dealing with the damage caused.
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