Regarding low to high earnings multiples - we criticise people in business for their "unfairly" high earnings, yet apparently accept even higher incomes for top sportsmen, film stars, singers and entertainers. You pay to get what you think is the best for the job and sometimes get it wrong. Dual standards working here??
If the government get serious about climate change it will have a massive impact on how we live our lives. At the moment, despite protestations to the contrary, they are just tinkering at the edges. We will need:
- a massive investment in cheap, frequent, reliable public transport
- huge increases in "green" energy production (is nuclear green?)
- major improvements in EV and battery technologies
- major investment in power distribution infrastructure
- you need to think seriously about commute vs move home
- etc etc
Back to the subject. Labour have a major problem. A large part of the party are still in denial as to the reasons for the electoral disaster - but it is evident that the main causes were:
(a) no real Brexit strategy after 3 years sitting on the fence
(b) promised referendum was just an attempt to please everyone (it didn't)
(c) spending plans and nationalisation perceived as unaffordable dogma
(d) anti-semitism publicity
The Brexit issue will be consigned to history. But Corbyn would have saved himself a lot of personal grief had he resigned the morning after - as it stands there is no effective opposition right now.
I also suspect that if Labour elect another left wing leader they will be destined to lose the next election as well - bar a total screw up by Boris. Unfortunately all candidates are having to pay lip service to a momentum sponsored left wing who think they woz robbed.
Hopefully the slightly left of centre will win out over the far left nutters as our democracy relies on an effective opposition to keep the worst excesses of the government under scrutiny. So my money would be on Keir Starmer, possibly Thornberry.
|