a mythology about it, which is that it s some kindl of piggybank you put money in and that means you ll be looked after in your- retirement and beyond. in fact it s just another tax and therefore politically. raising that is much easier, less problematic than - raising income tax. the other part of the problem of the policy is it is generally being seen as a tax on the young, working - population to pay for - an elderly population closer to needing the kind - of services, whether it s in the nhs or in social care, than the people who are - actually being forced to pay for it, and therefore it s - being seen as looking after the grey vote, l which the tories think- they have a strong hold on, and neglecting younger voters. that s why the labour party is in such a difficult- position, in a way. a lot of people think, - you know, how can you vote against this when basically- government after government, generation after generation, have failed to grasp this - nettle? and even some labour
is going to go to the nhs anyway, rather than to social care, because the government thinks there is catching up to do because of the backlog of cases brought about by covid, where only covid patients were really being seen in hospital. simon, we have got this rather unusual situation where we have got a conservative government in favour of tax increases and a labour opposition who don t want to see them because, as polly alluded to there, they don t regard them as being fair, they re being regressive, so what s the alternative? well, the phrase that is doing the rounds at the moment is, i good politics, bad policy, i in the sense that the politics of it is that by increasing national insurance, which uk viewers - will know has a mythology about it, which is that it s some kind - of piggybank you put money - in and that means you ll be looked after in your retirement and beyond. in fact it s just another tax - and therefore politically raising that is much easier, i less problematic th
not solve any of those. a little bit, but probably about the same little bit that has been given a three year as a thunder to keep going. three year as a thunder to keep anoin. ., , ., , going. and to begin with the money is auoin to going. and to begin with the money is going to go going. and to begin with the money is going to go to going. and to begin with the money is going to go to the going. and to begin with the money is going to go to the nhs going. and to begin with the money is going to go to the nhs anyway, l is going to go to the nhs anyway, rather than social care, because the government thinks there is catching up government thinks there is catching up to do because of the backlog of cases brought about by covid, where only covid patients were really being seen in hospital. simon, we have got this rather unusual situation where we have got a conservative government in favour of tax increases and a labour opposition who don t want to see them because, as polly al
unless a deal with mexico can be struck. a second day has wrapped up without a deal. significant progress has been made toward a potential deal. in an interview with laura ingram p. he reiterated his support for tariffs. when you re the piggybank that everyone robs and steals from. tariffs are a beautiful word if you know how to use it properly. isn t this congress s fault? yes. why does it seem like mexico they re letting millions of people walk up through their country. they shouldn t let anybody walk up through their country? nbc news white house correspondent has been covering the back and forth over this issue. she joins us with new reporting about what s really happening.
they rebuilt their country with tremendous amounts of money pouring out of the united states. and i ve changed that around. and haif you look at what is gog on, our market is going up like a rocket ship. i don t want their market to go down, but their market is down 32% in three months because we can t let them do anymore what they have done. and i watched trade deficits because to me deficits are very important. they are not everything and they are not exact. sometimes you can have a deficit and that is not such a bad thing. but when you have $375 billion in trade deficits, and then many billions of dollars in other liabilities of all different types, you have to do something about it. we are the piggybank to the world. we have been ripped off by china. we ve been ripped off by excuse me mr. president, the european union, of which you re a part