The Bigger Picture: Why life is increasingly unaffordable, Labour's fissures & how Trump is reshaping our world

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The Bigger Picture: Why life is increasingly unaffordable, Labour's fissures & how Trump is reshaping our world

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概要

Professor Tim Evans of Middlesex University says that the increasing unaffordability of daily living is something politicians won't admit to. It was masked for a time by the influx of cheap Chinese goods but no longer, pushed up by Net Zero, the minimum wage, tax rises and ever more burdensome regulations and government interventions. The costs of energy and housing are having the biggest effect, with property up by 250% since 2000. Only in the remaining free market areas is it not the case, thanks to the magic of capitalism. Less than two years after the election, Labour is now as divided and fractious as the Tories were and Tim cannot foresee the Labour Party patching things up. The electorate is increasingly reminded of the last Tory government. He also considers how Trump is rapidly reshaping our world, with his actions towards Venezuela, Cuba and Iran effectively taking some of Putin's chess pieces off the board. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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