Euan Taylor

Hungary's opposition Tisza promises wealth tax, euro adoption in election programme Hungary's opposition Tisza party plans to introduce a wealth tax for the rich, adopt the euro currency and firmly anchor Hungary in the European Union and NATO, its 240-page election programme publish...

🇭🇺🇪🇺 "Hungary's opposition Tisza party plans to introduce a wealth tax for the rich, adopt the euro currency and firmly anchor Hungary in the European Union and NATO, its 240-page election programme published on Saturday said." @reuters.com

A well worthwhile read. Thank you.

So AI doesn't solve the principal/agent issues!

two men are standing next to each other in a hallway . ALT: two men are standing next to each other in a hallway .

CEOs before election: "Just extend the tax cuts!"

CEOs now: "The money isn't worth it!"

Can I ask if MPs make a serious effort going through all the statutory instruments? If legislation was structured differently between statutes and statutory instruments, would this change the workload in a way that the legislative aspects of the job of an MP become more engaging?

But even if you could change this, would you not still end up with 650 odd professional MPs having the same issue?

Very true!

UK's Nash Equilibrium.

If executive and legislation were separated, would MPs have an easier time of it.

Great reporting and really interesting. I am just going to accept that you are 100% correct.

How much the problem is structural. If we made the job clearer might that help (perhaps not). UK parliament is a complete mix: executive with legislative functions added in with politics and party politics.

For me, pressure to increase migration relates directly with the ability of an economy to generate good jobs!

To say you want fewer migrants is to say that you want fewer jobs in your economy. Without workers, businesses close or move to where workers exist.

This exacerbates urban drift!

Setting up a conflict between business and right wing populists (just as in Germany).

Syrian conflict ends
Day 1: RWP - Syrians can go home now!
Day 2: German business - Syrians please stay, we need you!

I have to say that you have done a fantastic job marketing this newsletter.

Can't wait now!

There is definitely a need for news platforms that are edited/filtered/curated.

Just need to get the funding model right.

Indeed, many other countries are grappling with same issues.

I don't agree with there politics but it seems good that they are getting involved and seeing the real challenges of governance.

British Right will be forever useless until they give up on tax cuts as an unalloyed good.

Then they can reengage with needed investment, building up the country and being pro business.

Haven't changed from Gove - f*ck experts and Johnson - f*ck business!

UK in its own purgatory. The question is whether it can plot its own course back to shore or whether it drifts long enough to hit land.

Optimistically, Trump seems to be hedging his bets here. At the same time as he threatens non compliance, he also suggests that he might comply.

The child of Libertarianism and Nationalism is pissed at his parents!

This new centre right party then leads the rejoin EU under a pro business banner.

Danger is that this let's in Reform in the following election. But this might be cathartic - like Wilders Dutch government - it fails to deliver for its voters and annoys the rest. Leading to a swing back to a new centre Right party???!

If Labour loses its majority at next election, the probability is that there is a similarly ungovernable coalition of the left (Labour, Greens, Lib Dems).

UK seems to be in a form of purgatory. Labour infighting, Reform polling strong but showing limits (also internal tensions between promises and pragmaticism), Lib Dems floating, Greens surging but immature, Tories leaking to Reform but strategically adrift.

How does that changing of the guard impact Cameron's austerity? The rise of Corbyn. The rise of B Johnson.The series of quick risers that have led the parties Sunak, Truss and Starmer?!

Probably completely wrong about this!

I do wonder how much the Parliamentary expenses scandal set back UK politics. It was a true scandal and punishment was required. But what 50% to 2/3s of MPs left the following election?!

Thats a ton of institutional knowledge simulataneously walking out the door.

Same