Realist, not conformist analysis of the latest financial, business and political news

Astonishing Claim In The Guardian

Rather than philanthropy, the super-wealthy should give their money to governments that know better how to spend it

If this is true then why does the rest of The Guardian consist of complaints about how the current actual government spends that money?

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MrYan
MrYan
2 years ago

LMFAO

MrYan
MrYan
2 years ago
Reply to  MrYan

Ah, now I read it, I see it’s from the idiot child Jones.

Esteban DeGolf
Esteban DeGolf
2 years ago

Correct me if I’m wrong, but don’t the people making this claim also routinely tell us the government can spend freely regardless of how much it collects? Deficits don’t matter, never have to be repaid, just shake the Magic Money Tree, etc.

So, why do we need more of the billionaires’ money?

Quentin Vole
Quentin Vole
2 years ago

“It’s estimated that global losses from multinational corporations shifting their profits are about $500bn a year” (source: Tax Justice Network)

Oh, my aching sides.

Southerner
Southerner
2 years ago

Agreed, but which are these governments that know better how to spend it? The Saudis frog zample are good at buying Rollers and Knightsbridge properties, but their spending record on champers and vodka is spotty to say the least.

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