The Double Whammy of Net Zero.

I've often heard people complaini9ng (quite rightly) about the affect that the government's net zero policy has on energy prices. 

The green tariffs on energy supposedly to help the poor renewable energy companies to install the wind and solar farms bump up the price of  energy artificially.

But the cost of that energy puts large-scale industrial production at risk. Over the decades we've seen steel production dwindle to nothing, chemical production is going the same way as is oil refining, large-scale manufacturing is a thing of the past. 

Those industrial firms have left the UK I assume never to return as they are replaced by production plants in India and China.

But with the loss of that large-scale industry s the loss of the large scale tax revenue that such companies would put into the exchequer.

And who is expected to replace the shortfall? Yep, you and me.

That's the double-whammy: not only are we paying higher fuel duty (taxes) and green energy tariffs (taxes) we are also having to subsidise the loss of taxes caused by the loss of industrial production.

It's an unsustainable model. 

We need to stop making the PAYE taxpayer the milk-cow of the exchequer. There's only so much you can screw of of the lower paid before it becomes unprofitable to work. Many of them have gone on long-term sickness and receive benefits. The ones outside the system become homeless.

The ones at the bottom are on zero-hours contracts, or minimum wage. Now management is coming into the minimum wage bracket. 

But minimum wage should, to be brutally honest tax-free. It's not a living wage, it's a surviving wage, it's an existence wage. There is no disposable income left after all the bills have gone out.

We are an economy in decline. With the loss of large-scale industry, the loss of substantive manufacturing capability, we are doomed. In order to climb out of this, we have to create and create massively. You can't retail ourselves out of this. We need to make things the world wants.

The government have made much of Artificial Intelligence (A.I.). But that's not a saviour. That doesn't produce. A.I. can maybe advise on reductions in the cost of government, but that's it. And where do those unemployed people released from the civil service go? Where do they get jobs?

The importation of immigrants isn't helping one bit. They are mostly in minimum wage or dark economy (illegal) jobs. They do not contribute much if anything to the economy.

This is a huge problem that the zealous imposition of net zero policy imposes on the country. It imposes the decline of the country. 

Faster than you may have previously thought possible