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Boris Johnson was never for austerity and says this in his new book, yet he failed to make the major investments in the British economy in the way Biden has done in the US, and in some ways has left Labor's Starmer with difficult decisions with the strained budget finances of Britain. Of the investments he protected from John Osborne and his austerity plans as chancellor under Cameron Boris Johnson says- “Those big investments – Crossrail, the Olympic site, the Westfield Centre at Shepherd’s Bush – were fortuitously timed for London: vast counter-cyclical programmes that kept the spades going into the ground and people in work.” This was as Mayor of London in 2016. Of Osborne and Cameron so little is left, and so little came out of the period of austerity other than the failed investments Britain failed to make, simply a lost decade for Britain. And the diversion of Brexit under Johnson not taking Britain to a good place for the standard of living of the British people. Of the intraparty conflicts in the Tories he says Sunak's resignation as chancellor should never have happened calling it "worse than a crime," and a mistake for Sunak, the party, and the country. Johnson says that many days as PM he would come back to No.10 flat, exhausted and working into the evening when he should have been talking to colleagues, MP's to keep them all together. After Sunak's resignation from Boris Johnson's cabinet the Tory Conservatives split further apart, this time in the Boris Johnson faction of the party. Sunak's elevation to prime minister was short lived ending up with the Tories going downhill from there.  On the singular goal that led to the splits- that of Brexit- Johnson has little more to say than that in his travels he had found people wanted more Britain. ...

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The Times looks at local elections in Britain this week, and a swing to the Labor party of 700 seats given Labor's 15 point lead over the Conservatives. This is a dry run for the general elections that Keir Starmer is preparing for, as Britain ripped by crises like the rest of Europe and the US, faces another once in a generation period to decide what kind of a society to create for the future. The blue wall refers to former Labor party supporting constituencies that voted for Boris Johnson in the mistaken assumption that the  Conservatives could deliver for British workers and families. A similar situation exists in the US as president Biden seeks to gain traditional Democratic states such as Pennsylvania and the midwestern states such as Wisconsin, southern states such as Georgia, and western states such as Arizona.

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3.8 million people in Britain in 2023 fall into the category of "destitute" says The Guardian. Poverty in Britain is only getting worse under the Tories, one in 20 households are destitute, and without hope, missing meals or lacking housing.

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Gordon Brown, former prime minister of Britain from 2007 to 2010, chaired the April 2009 G-20 meeting that came up with ways to tackle the global financial crisis. Brown also led the way by recapitalizing British banks, a step the U.S. followed. He comments on the volatility in financial markets in August 2007 following the S&P credit downgrade of the U.S.. Brown gives an incomplete grade to the tasks the 2009 G-20 set out to accomplish. He points to three goals the G-20 had set in the middle of the financial crisis in April 2009. The first was to prevent a recession from becoming a depression. The other two were to establish a financial stability regime, and a compact for growth. These two became paper promises says Brown. Brown sees the best approach to prevent a lost decade is for U.S. and Europe trading their way out of a downturn as the Asian market absorbs more industrial goods from Europe and the U.S. This includes policies that would keep commodity prices low and ways of coping with currency shocks. Analysts have pointed to an export led recovery as one of the solutions the U.S. was hoping to achieve with a lower value of the dollar. This has had only limited success because of deep structural problems- high consumer indebtedness, bad debt at the banks, weak housing sector following the mortgage crisis, and a rising U.S. deficit- which will take some time to clear. Brown does not come to grips with these underlying imbalances built up during the boom years of the last decade, both in Britain and in the U.S., during which he was the finance minister of Britain....

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Following Brexit on January 31, 2020, Britain's government led by Boris Johnson prepares to negotiate new trade deals with the U.S. and other countries. The freedom to negotiate these trade deals was a key part of the plan of Brexit supporters and Mr. Johnson. The Times, Britain's leading newspaper, looks at the prospects of trade deals with each country- the U.S., Australia, New Zealand, Japan. Facing re-election Mr. Trump is seen as favorably inclined to work out a trade deal that he can show during the campaign. Trade discussions have taken place between the UK and Australia, Japan. Mr. Morrison in Australia and Mr. Shinzo Abe want to see strong trading ties and investment with Britain. Japan or Australia could be the first countries that work out a trade deal with Britain as discussions are at an advanced stage.  Britain has a small deficit with Japan in trade. It has a small dollar surplus in trade with the Australia and New Zealand. With the U.S Britain has a large surplus, it exports 121 billion pounds and imports 76 billion pounds. The prospects of trade deals are enhanced by the similarity in outlook of the governments of the U.S., Australia, and Japan, which share views on jobs expansion, economic growth and are centre right in economic philosophy. They also share a strong connection with working class voters under Johnson,Trump and Morrison. Mr. Trump is seen as a strong deal maker so that any deal would involve some concessions from Britain that increase U.S exports, including farm exports. Difficult issues with the U.S. are -pharmaceutical drug imports that could increase Britain's NHS cost for drugs, the digital services tax from Britain on U.S.  companies such as Google and the Trump retaliatory threat to impose tariffs beyond the current 2.5% on car imports of $11 billion from Britain. On agricultural imports Britain's natural foods preference conflicts with imports of genetically modified (GMO) foods from the U.S. Experts say this could lead to a partial or Phase 1 deal that does not need approval from the U.S. Congress, similar to the Phase 1 trade deal with China which sidestepped the thorny issues on trade. This is something both sides can show their support base as a win. ...

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The thinktank Onward says a relatively small shift rightward on cultural issues would deliver for the Labour party a 1997 type of landslide at the next election. Today's 12 point lead for Labour is fragile and could be watered down to 4 points and an uncertain result. It says that people who are conservative on social issues and still favor Labour on economic and climate policy are the ones Labour should go for. They make up 61% of all voters in Britain and 78% of voters who would switch. Keir Starmer has a way through.

On sees this in Starmer's enthusiasm for his visit to Westminster Abbey for the coronation of Charles as monarch of Britain. The positions he takes on many cultural issues have this in mind bringing Labor into the mainstream and making it a bold innovator for Britain, taking pride in the nation's scientific and maritime achievements from the Industrial Revolution.

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Can Britain take it, more Tory austerity cuts? Mark Landler in the NYT calls it one of the most austere budgets ever imposed on Britain, a country already in recession. Prime minister Sunak and finance minister Jeremy Hunt introduce a budget that will cut government programs saving 30 billion pounds and higher taxes of 25 billion pounds or $29.7 billion. This will mean a drop of 7% in disposable incomes of people in Britain over 2 years. After a series of missteps first under Boris Johnson and then briefly under Liz Truss, the Tory government of Rishi Sunak concentrates on budgetary constraints ignoring the promises made for growth and improving infrastructure, leveling up of regions, that were made by a series of Conservative governments. It lacks broad support as this government was not elected with this mandate. Boris Johnson won the election with traditional Labour support for leveling up, growth and infrastructure. None of this is happening. Also cut are budgets for the defense ministry, foreign aid and aid to cultural institutions in London. ...

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The Bank of England under Governor Carney cut interest rates 0.25% from a low of 0.5%, and suggested further cuts were on the way. This follows Brexit and action by the central bank to avoid a recession. The British pound fell about 1.6% to $1.3112 against the dollar, and euro 1.770 against the euro. Government borrowing costs declined, and the 10 year bonds yield dropped to 0.639%. Economic growth in Britian for the second half 2016 will be little or none. The GDP growth forecast for 2017 is now 0.8%, down from 2.3% before the Brexit vote. Bank of England staff say their calculations show Brexit vote has "conservatively" reduced growth by 2.5 percentage points over 3 years even after the rate cuts and stimulus action of the Bank of England, which other estimates show could add 0.5% over 2 years. This brings the Brexit impact to about 3% loss in GDP over 3 years, with these reliable estimates. Months after the Brexit vote the question remains whether Brexit supporters misled British voters, leaving the Bank of England to come up with a way to prevent a recession. After the austerity cuts since 2009 and the prospect of some improvement in the economy, this is a step backwards at a time when some of the working and middle class find themselves left behind. ...

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King Charles view that Britain "is not an island" are opposite of Brexiters and Liz Truss who see Britain as an island apart from Europe, says this editorial in The Guardian. King Charles views on Irish issues are well known and the efforts of the Tories to make things difficult for Ireland and Northern Ireland to work within the Peace Accords is seen by The Guardian as a sign that Ms. Truss and Mr. Johnson now find themselves working against the views held by Prince Charles as the constitutional head of Britain's government. Queen Elizabeth and the royal family have worked for decades to build good relations with Ireland, setting history aside. The Tories have said clearly that the monarchy has not just the right but a duty to make its views known, says the Guardian. And Charles has no hesitation in making these views known. Will the Tories and Liz Truss, now work with the Irish government under Michael Martin and take the advice of president Biden to build relations of the two Irelands within the Irish peace Accords, asks this editorial. ...

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British prime minister Theresa May makes a bid for working class votes in the 2017 election, just as the Labor party under Jeremy Corbyn announces its own manifesto seeking working class votes. May has proposed increasing the minimum wage to 60% of median earnings by 2020, and increased funding for the National Health Service by 8 billion pounds over 5 years. Corporate taxes will be reduced from 19 to 17% compared to Labor Party raising it to 26% under Corbyn's manifesto. Some of the Labor Party's supporters in the north of Britain are leaving the party because of dissatisfaction with Labor's leadership.

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Anne Applebaum describes comments of European diplomats she talked to who were strongly critical of British prime minister Cameron's efforts to win special protections for London's financial district, the City. They described this as petty, especially when the European negotiators were working to save the Euro currency. Sarkozy said recently that the British hate the euro, and have done little to help, and should shut up. And that is the sense today in European capitals even as Conservatives in Britain applaud Cameron's move. The result is to isolate Britain from the rest of Europe, even as Britain will be put in a position to having to play by rules set by the other 26 countries in the European Union, who are its main trading partner.

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Complicity of elites is a key question in the Epstein scandal. Even when some of this was known the seriousness of it was ignored by elites. About the Mandelson scandal that is rocking Britain in the beginning of February 2026 with questions for Keir Starmer, it can be said that elites just had too much awe and respect for the major centers in the world of finance or sought ot be part of that world when these centers of finance had themselves lost their sense of purpose in the Nation, as Labour's Mandelson did. In the larger sense of the influence of the financial industry on elites in the events leading to the 2009 financial crisis where the name Bear Stearns comes up repeatedly, of the pharmaceutical industry on elites in 2026, it could be said that the influence on policymaking elites is a pernicious one. As Teddy Roosevelt points out in Chapter 5 of his Autobiography titled Applied Idealism, some elites had too much respect and awe for big financial interests. TR wrote of these elites in his time- "Some of the men foremost in the struggle for Civil Service Reform have taken a position of honorable leadership in the battle for those other and more vital reforms. But many of them promptly abandoned the field of effort for decency when the battle took the form, not of a fight agains the petty grafting of small bosses and small politicians- a vitally necessary battle, be it remembered- but of a fight against the great entrenched powers of privilege, a fight to secure justice through the law for ordinary men and women, instead of leaving them to suffer cruel injustice either because the law failed to protect them  or because it was twisted from its legitimate purpose into a means for oppressing them." ...

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Britain sees the transmission rate for coronavirus in September "high or rising exponentially." The daily cases on September 21 reach 4,368 and the chief scientific and medical advisors to the government of Britain say this could double every 7 days if nothing is done to reach 50,000 cases a day.

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Labour party and Tories party have lost touch with working class people in Britain says The Guardian. The working class itself has more of a base in service sectors as the manufacturing sector has declined. Fewer and fewer leaders in both parties in Britain have a working class background and can identify with workers. 

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Britain's regulatory process is more nimble than that of the U.S. Prime minister Johnson has asked for emergency approval of the Oxford vaccine, and Britain wants to move ahead with vaccination to save lives and control the pandemic.

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Delayed elective procedures and surgeries are a serious problem during the pandemic. To get some idea of the magnitude of the problem- Britain had 6 million on the waiting list for elective procedures at the end of October 2021. This is up 41% over March 2020 when the coronavirus was first detected, according to data collected from Britain's National Health Service. The same data show 300,000 were waiting for over 1 year compared to 3000 in March 2020.

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After the loss of a crucial UK byelection by Labour under Keir Starmer (May 2021 Hartlepool) Shabana Mahmood says she brought out her inner-Kashmiri and steadied the party with wins in other byelections over the Tories. Shabana is the daughter of a teenager from Kashmir who came to Britain in the sixties, studied to be an engineer and settled in Birmingham. She is the Shadow Secretary of Justice and as a Oxford trained barrister she wants to put Britain's justice system on a good footing by remaking prisons and making the system work.  Shabana is a special kind of person simply because she has kept her values and religious beliefs and still taken the best of British thought and culture and the scieintific mind even as Britain faces real challenges. One is struck by the sheer broadness of her mind-  “I don’t like anything that smells of fundamentalism in any way, religious or political or ideological, it doesn’t really matter what it is, in the end. “It’s quite authoritarian in nature, and in my own life experience of people that are most intransigent and the most prescriptive about what everyone else can say and think and do tend not to be the best of people themselves.” ...

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Young microworkers in Britain have doubled since 2016. They earn less than 4 pounds an hour says this editorial in The Guardian. Many of them are stressed and burnt out by the constant hunt for tasks. This is not just in Britain. More than half are in India, Pakistan and Bangladesh and this kind of work has boomed since the pandemic. 

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After the Epping protests on asylum seekers at hotels- 32000 asylum seekers housed in 210 hotels in UK- disturbing public safety, the UK Home Secretary is  in no mood to let illegal migrants disrupt the entire Labour program for reviving Britain's economy. Denmark is the model where Mette Frederickson has bravely fought the battle against illegal migrants and trafficking by smugglers of people across the Mediterranean and across the English Channel. Labour MP's in the north and northeast of England understand this with the option from UK Reform to end this whole thing about illegal migration altogether. Labour has to do soul searching on why it has taken so long to figure this out and why the plan to house immigrants in hotels was put forward in the first place and tougher action taken by Denmark for the last 8 years not adopted earlier. It shows a complete disregard and disrespect for the British system of parliamentary democracy of the 500 years or going back to Magna Carta itself, when the people of Britain and their public safety, their freedom to live in dignity without illegal migrants in their neighborhoods across Britain, is not respected by local and thenational government. This is something that even the people of India, of China, and other Asian countries, African countries, and Latin American countries who understand the contributions of the British parliamentary system to their own governance can readily grasp and respect- the freedom and dignity of the British people in their own neighborhoods to live in complete public safety. ...

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Greg Ip of the WSJ cautions about thinking that the GDP growth of 3% is likely to be achieved with the Trump plan for a corporate tax rate of 15%. He says evidence from Britain and Canada- Britain reducing the tax rate from 30% in 2007 to 19% today, and Canada from 28% in 2000 to 21% in 2004- is disappointing. In Britain the increase in GDP averaged about 0.1% a year. Business investment increases with cut in corporate taxes, and the U.S. corporate tax rate is higher than other advanced countries such as Germany, yet GDP growth includes other factors, such as the business cycle, demographics, productivity growth, aging, technology, regulation, says Ip. It is better if the tax cuts are spread broadly over the population, and tax cuts are offset to a greater extent by savings in other areas, and that tax cuts promote productivity boosting investment, to create enough of a surge in growth above 2%.

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President Biden is moving forward a plan to setup a maritime corridor from Cyprus to Gaza and a pier where commercial ships can drop off humnitarian aid and food. The trip would take 28 hours from Cyprus and would be able to get in 200 trucks of aid supplies each day. The Qataris and UAE will also help with this plan and Israelis will cooperate. On the diplomatic front both the European nations, Britain and the US are working together to get Israeli cooperation. British Foreign Secretary Cameron met Benny Gantz. Earlier Gantz met with Kamala Harris in Washington D.C. Gantz is part of the wartime cabinet in Israel. The US and EU, Britain all now have serious differences with Mr. Netanyahu on putting the humanitarian situation first and foremost considering the situation in Gaza.

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This article in the WSJ remembers Prince Philip for his remarkable service during World War II, coming from a generation that sees the British struggle against Germany in World War II in almost mythological terms. Prince Philip and Queen Elizabeth navigated both that period and the transition of the British Empire into free nations in Asia and Africa. The significance of this achievement is understated in America. It can only be fully appreciated in the nations of the British Commonwealth, for no other colonial nation has been able to make that kind of transition, not the Dutch in Indonesia, not the French in Algeria without war. Another significant achievement of that period was the sense of duty that pervaded Britain not only for this generation in Britain, but the generations that preceded it going back to the conflict with Napoleonic France and the British Navy under Admiral Horatio Nelson. It is forgotten that much of the sense of duty to country and the people, and one's fellow citizens, helped Britain prevail against Napoleonic France in the period around 1800. This shaped Britain and Prince Philip, and is also part of what India and other free nations in Asia and Africa can learn from. It is also what makes Global Britain not just a slogan but a way to bring together a partnership with UK, US, Australia, and India, the largest democracies with a common history. ...

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Simon Nixon says British prime minister, Cameron, has antagonized European leaders by making demands to protect Britain's financial industry. Ironically this happens as Britain was arguing for stricter financial regulation. Britain has been isolated and risks remaining on the sidelines from now on. Nixon says this starts a process that could lead to Britain withdrawing from the European Union.

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Labor party in UK gets 35% of the vote with Conservatives at 26% and Liberals at 20%, in Britain's local council elections. Other parties including the Greens gained 19% of the vote. There isn't much the Conservatives have done to help the British people meet the cost of living crisis. The economy is in worse shape and the country is not prepared to take on the climate change crisis. Britain gets closer to a general election.

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A professor of economics of innovation and public value at University College, London, says one-off deals such as the one with Land Rover to produce electric car batteries is not an adequate response to the big industrial strategies of the US and the European Union. Mariana Mazzucato says in this Guardian article the UK's decision to leave the EU is costing 100 billion pounds in output. Of 100 leading Uk manufacturers about half say their suppliers in the EU are more cautious about doing business in the UK. She compares the US industrial strategy that combines public and private investment of $3.5 trillion over the next decade, and the EU's for $2 trillion with Britain's effort. She says of the UK that it has nothing like this and worse with austerity it is moving in the opposite direction. Another problem is the change in governments of the Tories and new industrial policy every time there is a new minister. Business investment in UK is 19% less than the G7 average. The civil service needs investment, as she says Britain has become addicted to outsourcing the core functions of the public sector. Mazzucato says the government for aid to the private sector should do what Germany and France have done to expect reduction in carbon emissions, or as the US has done with Biden's Chips Act of giving aid given that there are no share buybacks by companies.   ...