This is turning out to be a weird election opinion polls gyrating, reputations fluctuating, the unpredictable quickly becomes conceivable, or not. Theres been farce, and sadly, there has been more tragedy in this campaign than weve experienced before. Yet, a week to go to the vote, and it feels as though some of our structural problems have yet to get a mention. So were going to start with one tonight, even at the risk of looking like we are off the subject of the campaign. The question is how we deal with britains lopsided, low productivity economy . For all the rhetoric of us being the fifth, or is it now sixth largest economy in the world, its not firing on all cylinders. Do the labour and conservatives parties really have any idea as to how to improve things . Well ask them that, and some other questions. But first, a quick look at the journey weve taken, and the problem weve arrived at. Through the monstrous scenery of slag heaps, chimneys, piled scrap iron, foul canals, paths. No
say, listen. the banking system is corrupt. it has no capital. nothing there. we re going to write down this debt. before we do that we re going to create an infrastructure back to bypass the loss spending in order to move forward. that s how they did the marshall plan. you re telling me taxes are not you think taxes can do it? you and i had a couple hour, a dozen reasons why mechanically that doesn t work. and if you and i had a week i would walk through a dozen reasons why you have no choice but to figure out how to make it work. i d love the conversation. one day maybe we ll end up in the same studio and can dough an extended format here. you still have the reality and rhetoric. think of this. just doing the calculations before coming on-air taking some of the president s rhetoric about, we need to raise, on the top marshall, the top income earners. for a whole day borrow $4.7 billion a day that was going to cover 33 minutes of borrowing. at some point we need and i