video UK · 16 February 2025

Why Labour and Trump will both fail

This video argues that Labour's economic policy of "managed sensible-ism"—borrowing, taxing, and investing more to boost productivity—will fail, mirroring the Biden administration's perceived failure. The speaker contends that focusing solely on aggregate economic indicators like GDP growth ignores rising wealth inequality, which causes falling living standards for ordinary people despite overall growth, and that Labour's resistance to taxing the wealthy will hinder their investment plans.

By Gary Stevenson

Mentions Boris Johnson, Keir Starmer, Rachel Reeves, David Cameron, Elon Musk, Donald Trump, Joe Biden

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Arguments in this video

Government spending is too high Gary Stevenson · 16:50

“He will significantly reduce taxes on rich people, and he will fund that probably by slashing government spending in some cases, which will often cause a lot pe”

Curbs extreme inequality Gary Stevenson · 07:29

“If you don't deal with that, then living standards will continue to fall for the poor and for ordinary people. You simply have to deal with the growing inequali”

Raises real revenue Gary Stevenson · 22:46

“They understood that the only way to protect working people was to tax work less and wealth more.”