Nadia Whittome
👤 PersonAppearances Over Time
Podcast Appearances
I don't know who Robbie Moore is. Anyway, I think we revealed something there.
I don't know who Robbie Moore is. Anyway, I think we revealed something there.
Some of my best friends are white, actually. And if you go far, far back enough, some of my ancestors are white.
Some of my best friends are white, actually. And if you go far, far back enough, some of my ancestors are white.
Yeah, this is absolutely a positive sign. We can't be so strictly wedded to a set of fiscal rules that the government can't make decisions to improve people's lives. It's something that governments have to do, borrow to invest. That makes economic sense.
Yeah, this is absolutely a positive sign. We can't be so strictly wedded to a set of fiscal rules that the government can't make decisions to improve people's lives. It's something that governments have to do, borrow to invest. That makes economic sense.
I think the Conservatives sold us this myth over the last 10, 15 years that government spending was like a household budget and you don't spend what you don't have. But actually, governments have to borrow to invest in our public services. And that not just improves people's lives, most importantly, but it also, if you're talking about economic growth, it grows the economy too.
I think the Conservatives sold us this myth over the last 10, 15 years that government spending was like a household budget and you don't spend what you don't have. But actually, governments have to borrow to invest in our public services. And that not just improves people's lives, most importantly, but it also, if you're talking about economic growth, it grows the economy too.
Absolutely. I mean, we all understand that the new Labour government has inherited a huge economic mess from the Tories and that's resulted in big spending pressures on the new government. But we have to be clear that further cuts will not help fix our broken society. We need more public spending, not less. And actually austerity is not an inevitability. The government does have other choices.
Absolutely. I mean, we all understand that the new Labour government has inherited a huge economic mess from the Tories and that's resulted in big spending pressures on the new government. But we have to be clear that further cuts will not help fix our broken society. We need more public spending, not less. And actually austerity is not an inevitability. The government does have other choices.
So we have a lot of wealth in this country, but the problem is it's concentrated in the hands of the few. So we've got super rich individuals hoarding extreme amounts of money and assets. I was really shocked when I looked up the statistic that we have 165 billionaires in the UK. And I find it difficult to even comprehend that level of wealth. I think most of us do.
So we have a lot of wealth in this country, but the problem is it's concentrated in the hands of the few. So we've got super rich individuals hoarding extreme amounts of money and assets. I was really shocked when I looked up the statistic that we have 165 billionaires in the UK. And I find it difficult to even comprehend that level of wealth. I think most of us do.
But if you spend a thousand pounds every day, guess how long it would take you to spend a billion pounds?
But if you spend a thousand pounds every day, guess how long it would take you to spend a billion pounds?
Oh, long dead. And your grandchildren will be dead and their grandchildren.
Oh, long dead. And your grandchildren will be dead and their grandchildren.
Okay, wow. And there's 2,740 years it would take you to spend a billion pounds if you spent a thousand pounds every day. So that's just an illustration of what obscene wealth we're talking about. And if the government introduced even very moderate wealth taxes, like, for example, a tax of 2% at a threshold of £10 million a year.
Okay, wow. And there's 2,740 years it would take you to spend a billion pounds if you spent a thousand pounds every day. So that's just an illustration of what obscene wealth we're talking about. And if the government introduced even very moderate wealth taxes, like, for example, a tax of 2% at a threshold of £10 million a year.
So that would mean you can keep everything that you have up to £10 million. I say you, I obviously don't literally mean you or me or any of us.
So that would mean you can keep everything that you have up to £10 million. I say you, I obviously don't literally mean you or me or any of us.