Reeves per dire che i tagli alla burocrazia della città porteranno benefici per le famiglie

> “It feels like groundhog day. We’ve been here before, expecting the financial sector to do most of the heavy lifting in terms of growth,” said Chaitanya Kumar, head of economy and environment at the New Economics Foundation thinktank.

>“The 2008 crash and what followed should have been a very strong lesson to everybody in not completely letting the financial services sector off its leash: but that’s what we seem to be doing.” He added: “I just haven’t seen any evidence that deregulating the financial services sector is going to create significant growth.”

I just cant believe she thought using the phrase “trickle-down” was a good idea while reducing transparency in the financial sector after notable lobbying from the industry. Do they not have any concept of optics?

**Edit:** As pointed out below, the guardian have been shitty here, she didnt use the words “trickle-down”, they’ve pulled a sneaky one.

Anyway, see you all at the next financial crisis or the pension collapse, whichever happens first

I wish governments would just be more honest about these things.

Just tell us that we’ve reached one of those periodic points where (at least in the government’s reckoning), rich people and entities need a sop thrown their way so that they won’t up and leave, taking jobs and tax dollars with them through capital flight. That’s the reason.

But no, it needs to be delivered with lots of praise and backslaps and false claims that this will be a cost-free improvement *for all*.

Trickle down/ripple effect, it doesn’t matter what they call it. It never happens.