Second, labour market behaviour is distorted. People might alter hours, pay methods, or employment status to avoid thresholds.
The Laffer Curve exists, folks.
Second, labour market behaviour is distorted. People might alter hours, pay methods, or employment status to avoid thresholds.
The Laffer Curve exists, folks.
Has he discovered incentives? Or even, dare one say it, the Third Law of Motion?
No, he hasn’t discovered incentives. He’s clearly invented the underlying concept and the Laffer curve will from now be correctly referred to as the “Murphy curve”.
Until tomorrow, when it will be a neoliberal lie.
Disincentives. He’s discovered that people respond to disincentives, like being taxed and taxed to pay for infinity migrants to live in Zone 1 and Zone 2 on benefits.
But tomorrow a different spirit guide will grab the pen and who knows if he’ll still believe it.
Off topic but oh look:
Andrew formerly known as arrested
The police were their usual discrete selves, announcing that a 66 year old former prince had been arrested.
Only kidding.
One funny point is that it’s his birthday today. I doubt that was accidental.
Makes a change from 17-year-olds bursting out of cakes, I suppose. An entirely lawful activity in the UK.
But you’re not allowed to advertise the cake.Too much sugar.
I suppose it’s too much to hope that now the press has got its scalp they’ll turn to the rape gangs?
Ha, ha, ha, ha,ha!!!
What, to encourage them?
As if he hasn’t been humiliated enough, ffs. This is “can you fly, Bobby?” all over again.
Arrested for handing government secrets to Epstein – odd they haven’t arrested the man with access to much more valuable inside information who also did that.
What is the role of a trade envoy?
“What is the role of a trade envoy?”
In Prince Andrew’s case, I should think shaking hands with the boss, possibly lunch, then get out of the way so that the people who actually know what’s going on can talk.
If he even did much of that; it mostly seemed like the job had been created to keep him in travel expenses once he’d left the Navy.
odd they haven’t arrested the man with access to much more valuable inside information who also did that.
Mandelson has a victim/minority card to play: he’s gay, and that also insulates him from accusations of going after young women, so by and large the BBC and rest of the puerile press have left him alone.
It’s looking increasingly like Andrew didn’t do anything criminal when it comes to young women, or at least anything that can be proved, so they went after him as best they could. PC Plod, being sensitive to accusations of favouring the royal family, didn’t really have much choice but to act as soon as they could.
If Andrew is smart, he’ll announce he’s a muslim.
The police will drop the case quicker than a hot sack of hot potatoes.
Second, labour market behaviour is distorted. People might alter hours, pay methods, or employment status to avoid thresholds.
Breaking news: King Kong announces his abdication, will be known as Kong Mountbatten-Windsor going forward…
Tough crowd
And the new president of the President of the United Republic of Britain is…
At least he’s British!