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285. More Money, More Problems

The Echo Chamber from Tortoise Shack
The Echo Chamber from Tortoise Shack
Episode • Apr 30, 2023 • 46m
Please join us at patreon.com/tortoiseshack Invest the 20bn surplus in housing & climate-with economist Michael Taft
In this Reboot Republic podcast, Rory talks with economist with SIPTU Michael Taft, about what should be done with the budget surpluses of 20bn (and even could be 40bn).
Michael outlines why the 20bn should not be saved away for pensions (which should be covered by taxation) and used to invest in key areas like housing (we discuss construction capacity and a public construction company) and Climate - in developing public wind energy and retrofitting. This is a historic possibility to address key social issues - we should use it in public investment not waste it on 'subsidising' the market.
Listen now for free to Hurlers on the Ditch: https://www.patreon.com/posts/no-paywall-on-82242776