00:09:14.540Hey, say what you like about ISIS.0.82
00:09:16.080you know don't agree with what they want which eyes do you like isis0.87
00:09:20.240but they're not he's not wrong isis did know what they were doing with social media strategy
00:09:26.540say what you like to say what you like about isis clipping the alistair he's clipping this as we
00:09:31.420speak um so they cannot focus attention on one thing not one as you can see by asking your own
00:09:38.580brain kemi has successfully communicated zero priorities zero ideas zero facts zero arguments
00:09:44.420she has nothing ever of interest to say about all the amazing things happening in the world
00:09:48.660she just burbles the desiccated patois sw1 evolved for all speeches interviews op-eds which turns
00:09:54.600everybody's hearing off except those paid to listen i mean that's a good point i don't actually
00:09:58.440know what kemi badenak wants yes that's why i included this because i was going to push back
00:10:02.140slightly in the interest of being a independent journalist and say she wants to not commit to net0.99
00:10:08.740zero anymore she wants to get out of the echr and grow the economy by reducing regulations that's
00:10:14.840what i know which is not load no he's saying zero i'm saying it's also i mean if you asked
00:10:21.240every single conservative and person on the right in britain they would all say those things yeah
00:10:27.120they're kind of back i've watched i actually watch all her speeches and i still only know those three
00:10:31.640things they're kind of like background assumptions it's you know it's like well i'd like to you know
00:10:36.700get a job and go to university and get married and have kids like these aren't radical josh said
00:10:43.760she's trying to play it safe she was speaking to ed balls yesterday in a podcast and she just said
00:10:47.780i don't want to be divisive nigel farage is divisive he's blaming immigrants the other
00:10:52.040side of blaming billionaires i don't i just want everyone to come together it's like it's all right0.90
00:10:56.340but it's like that's a sort of nothingy centrist sounds like the sort of thing an immigrant say
00:11:00.520it's just a non it's a centrist fluff isn't it basically yeah i mean it sounds like the sort
00:11:06.200Also, if you're trying to win over the right once again, basically, all the people that have gone to reform and restore, then having a very weak record, and that's putting it politely, on immigration is not the thing that you want when it's the issue defining all of British politics, not even dividing it in left or right.
00:11:27.000It tops opinion polls as the most important thing.
00:11:31.200And so to be tacitly in support of it, although not drawing attention to it,
00:11:37.000is the last thing you want if you're trying to regain popularity.
00:11:41.400Yeah, and it's not necessarily their policy anyway,
00:11:43.420because they've just said that rich people will be prioritised for social housing, I think,
00:37:08.840And he's trying to use it to say, you're not allowed to be concerned about the demographic change in Britain.
00:37:13.720And that's leftist, because I prefer the Renaud Camus position, which is you can be anti-racist, meaning the whole ideology, the prevailing ideology, whatever you want to call it, wokeness, whatever it is that we live under, DEI, and critical race theory.
00:37:28.120Yeah, it lives, but anti-racism, so-called, is its core tenet.
00:37:32.400And so if you want to be against that, of course, they're going to call you racist, but you can be anti-anti-racist, meaning you're against that prevailing ideology and all that comes with it.
00:37:38.840because it leads to the rapes of thousands of girls
00:37:41.060under the idea that the worst thing is being called racist.
00:37:43.460So when Heath engages in that, to me, you're on the left then at this point.
00:54:36.720Them saying that their situation is different and special
00:54:40.680is just a product of ethno-narcissism,
00:54:42.800that they think they're special people and we're worth less.
00:54:46.660And Alistair can never recognize that actually the British people could be put into a precarious position where this kind of interest, it becomes primary in the political sphere that we operate in.
00:54:59.300He just doesn't accept this could ever be the case.
00:55:01.800I mean, like he says in this one, right?
00:55:03.440Again, he's been saying, he's been talking about this for a long time.
00:55:06.640Jews are being pressurized across the West to disavow Israel, something that no other group would be asked to do in relation to any other country.
00:58:33.540um so if jewish people in israel have an absolute right to maintain their demographic security in0.98
00:58:39.720their country maintain their borders and it would be very very negative to become a minority in this0.98
00:58:45.600country why would that be any different to us why would we even want to take the risk even if you1.00
00:58:50.300can make an argument as to why it'd be different why why would we want any of that so you are a
00:58:54.780nationalist for israel which is fine i would like just you know the same sort of policies for britain
00:59:00.580which i think is also fine i don't think it's beyond the pale i don't think it's crazy i don't
00:59:05.180think it's mad and the thing is if people don't like it they actually do have countries they can
00:59:08.980go to i actually don't have an israel that i can go to i don't have a pakistan that i can go to
00:59:13.400this is the only country that i have and i would like to keep it put simply
00:59:17.900muslims or israeli as you and me or any other settler in the west bank0.97
00:59:23.360fair point um binary says if they succeed in killing off restore or if restore fails
00:59:31.900what comes next will make charlie and rupert look like leftists by comparison yeah and this is what
00:59:36.180i've been saying for a long time base tape says can we start mogging these right-wing commentators
00:59:40.060by pointing out they're using the exact same logic as trans yeah i mean julia hartley brewer
00:59:43.720literally is um pro-trans when it comes to that sort of thing um could we do a segment on trying
00:59:48.880to understand how there's been how much has actually been accomplished by trump there's a
00:59:52.080lot of noise in the American right and another perspective would be good. You know, I haven't
00:59:54.740been following it closely, but I can certainly ask someone who has. Anyway, let's move on.
01:00:00.500Okay. So I'm going to be talking about how we fix this mess. And by this mess, I mean the British
01:00:07.760economy, which is no easy thing. And obviously on this podcast, we've talked a great deal about
01:00:13.580all the different ways in which Britain is declining and getting worse. And myself,
01:00:19.340uh harrison and rupert lowe have had a stab at fixing this along with the help of an economist
01:00:25.860who did uh some of the numbers for us and uh this is it um this is uh restore britain's policy paper
01:00:33.440called the wealth of our nation and this is our um outlining our economic philosophy so there's
01:00:39.980much more it is it's meant to be a sort of bedrock in which other papers follow and have connective
01:00:45.800tissue to but this gives you a rough impression of what we want to do to actually fix the country
01:00:50.440and this has been a product of a lot of work and a lot of thoughts and I know that Rupert
01:00:57.700was very enthusiastic to get this out and I had many long conversations with him and as did
01:01:04.220Harrison trying to figure out exactly how we're going to go about this but I can assure you that
01:01:10.040a lot of care has gone into it and Rupert does really care about the state of the economy
01:01:15.200And I suppose what I'm going to read first is our sort of solutions, and then I'm going to go backwards to our diagnosis of the problem, because I think it's much easier to explain those things after the fact.
01:01:34.180But just to give you a rough idea, our GDP per capita is, you know, our public debt is almost to that level now.
01:01:51.600It's very difficult for young people to get started in their careers or buy a house and start a family, which is a ticking demographic time bomb in and of itself.0.99
01:08:54.320We aim to claw back as much of the $300 billion in excess post-2019,
01:08:59.280that you've got Boris to thank for that, spending through incremental fully funded adjustments.
01:09:03.460So the idea is we incrementally adjust things. And as we make cuts, over time, we will then
01:09:09.860recycle the money into funding tax cuts. That's the idea. So that we're just returning things
01:09:16.760back to the taxpayer, rather than swallowing up a larger and larger slice of the economy.
01:09:22.580We estimate total savings of around 178 billion by the end of the first parliament,
01:09:27.680um approximately two-thirds of the post-2019 excess um because of course it takes time to
01:09:34.400undo it you know this excess spending i think when when blair was in power in 97 the government was
01:09:41.280what about 33 35 percent of the economy now it's 45 if not more yeah so even if you only got half
01:09:48.620that like you know 85 billion or whatever it is like 90 billion you know that'd be amazing
01:09:53.260yeah it's still worth it no matter how much you're clawing back right um so that's equivalent
01:09:58.620to about 35 billion per annum compound or about three percent of the budget annually our guiding
01:10:04.320principles as shall be seen in due course are fiscal fairness fiscal pragmatism fiscal
01:10:09.580responsibility and fiscal accountability it's important to get that in there because our
01:10:14.720main argument here is that we're going to try and in restore mainly intergenerational fairness0.62
01:10:20.940because we're trying to unshoulder the burden of the working population here.
01:10:26.300Because at the minute, both people who have pensions and people on benefits
01:10:30.480are isolated from some of the tumult of the economy.
01:10:36.280And it's normally the backs of the working people that have to shoulder this.
01:10:39.440And it's not really fair that one people who are getting a free ride
01:10:44.580in the welfare system are isolated from the economic conditions.
01:10:48.700um as as we talk about here yeah because they can still vote yeah this is just in case anyone
01:10:54.760was wondering if you can vote but the consequences of your votes never apply to you
01:10:59.220you can see how this would go wrong given our belief in the pressing need for intergenerational
01:11:05.660fairness we will secure the state pension but end the triple lock linking it instead to cpi
01:11:10.220which um a big fuss was made in the mainstream media about this cpi just um so it's it's basically
01:11:16.940locking it to interest so the triple lock there are multiple different ways um in which um you
01:11:23.320you track pension or or sort of bind interest rate is it yeah right okay well i don't know i'm
01:11:28.800not an economist sorry i don't know i've been embroiled in this for so long i forget um so
01:11:34.880anyway it carries on to say um as for how pensions operate sorry computer consumer price inflation
01:11:40.380Yeah, yeah. As for how pensions operate, we would again pursue fairness by bringing our overly generous public sector schemes in line with those available in the private sector. So that's targeting all those civil servants who have these very lucrative pension packets, and they're not representative of how the private sector's pensions have grown, even though it is the private sector that's paying for them.
01:12:08.460so we had freeze working age benefits at 25 26 levels for the duration of the parliament and
01:12:14.560restrict all working age benefits to british citizens only with no access for temporary
01:12:18.900visa holders those with indefinite leave to remain or illegal migrants we estimate saving 70 to 80
01:12:24.420billion per annum so per year for the full range um of working age benefits by the end of the first
01:12:30.740parliament so great the philosophy here is that um the tax thresholds have been frozen since 2022
01:12:37.940So why have not the benefits thresholds been frozen as well?
01:12:43.100Because if we're not bringing in any more tax, how can we pay out more?
01:12:46.460Which is why we're paying out more in benefits than we take in income tax at this point.
01:12:52.380For anyone who doesn't know, the British government spends 45p out of every pound that is made in this country.
01:15:19.200that's all i spend my money on is my kids education it's the most admirable thing you
01:15:23.400could probably spend your money that's why i do it yeah like my dad was born in a caravan
01:15:27.620and now his grandchildren go to private schools you know so it's like you know that's inspirational
01:15:32.300isn't it um but yes um private school fees will become tax deductible and education will be exempt
01:15:37.580from vat we estimate an annual contribution of 10 billion so on energy we we've already had an
01:15:43.960energy paper out but just to mention we will end net zero related public expenditures saving
01:15:50.880approximately 15 to 20 billion annually and that is a very very conservative estimate it's probably
01:15:56.340going to be in the orders of about 80 billion in reality god only knows what milliband was spending
01:16:01.420but um yeah most of the estimates here for savings are going to be um a lot more conservative um and
01:16:08.820And so we wanted to make sure we're using the government's own data and we're taking things at face value.
01:16:15.180But the real situation, I think, would actually be able to save a lot more and do a lot more with it more quickly than there's paper outlines.
01:16:22.540But we wanted to be as realistic as possible, I suppose.
01:16:25.660I heard Andrew Neil quote $9 billion or something like that on net zero. Where's the $20 billion plus coming from then?
01:16:32.040Well, I mean, there's an inordinate amount being done with net zero.
01:16:35.480There's obviously the subsidies and then there's the regulation and the missed opportunity costs there and all sorts of things that are being spent on it.
01:16:43.580I mean, the paper to look at is the energy paper for that one, which was more Harrison's thing than mine.