David Craig, on October 5th, 2025Monday-Tuesday blog
Rampant robber Rachel Reeves claims to have studied econonics and even to have worked as an economist at two institutions – the Bank of England (BoE) and Halifax. Though we now know that her stint at Halifax in Leeds, before she was (I believe) let go due to behaviour and performance issues, was actually in customer services/complaints. I guess her boring robotic voice was brilliant at getting rid of annoying, dissatisfied customers. But can Reeves really have studied economics?
She appears, for example, to be completely unaware of the Economic Doom Loop:
She also doesn’t seem to have ever heard of the Laffer Curve:
The Laffer Curve illustrates the theoretical relationship between tax rates and tax revenue, suggesting that there’s an optimal tax rate between 0% and 100% that maximizes revenue. At a 0% tax rate, no revenue is collected, and at a 100% tax rate, people have no incentive to work, so no revenue is collected either. Between these extremes, revenue increases as tax rates rise, but eventually, high rates can disincentivize work and investment, causing tax revenue to fall.
But, hey, let’s end on a positive note. Reeves’s predecessor as Shadow Chancellor and thus the person who could have been our Chancellor was this individual – Annelise ‘Dobbin’ Dobbs:
I think she was some kind of lecturer in sociooogy or some similar cr*p before she became a politician. So she probably knows even less about economics than the utterly useless Reeves.
Finally, here’s a short video I made about Reeves which has been banned by YouTube:
https://drive.google.com/file/d/1Zb1my2Sq5uxlk_wtwivxmBE0tQYN92TH/view?usp=sharing
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Haha, the Laffer Curve? Now *that* sounds like something our former (and, lets face it, future) Chancellor might have stumbled over! Imagine her trying to explain it – probably something about finding that sweet spot between 0% and 100%, just like balancing a robot on one leg. Poor Annelise Dobbin Dobbs, sounds like she was more into sociooogy than steering the ship. Glad we have such clear economic geniuses guiding us! 🏴☠️💰tải video TikTok
Ha! Well, this is a corker. Comparing Reeves to Dobbs is like choosing between different flavours of political economics ignorance – they’re both in the same flavour, just with slightly different toppings. The Laffer Curve is clearly lost on them, unless their idea of maximising revenue is maximising headlines like this one. And honestly, pointing out economic theory seems as pointless as trying to reason with a robot about customer complaints. But hey, at least the author found a video to ban – what’s next, a memo about fiscal responsibility? The British economy might be in a loop, but this commentary is giving me a chuckle loop.Đồng hồ đếm ngược online