Thread: Liz Truss Resigns [Who'll be the next Prime Minister?]
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Old 03-10-2022, 22:21   #702
1andrew1
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Re: New Prime Minister: Liz Truss
Quote:
Originally Posted by jfman View Post
If they're that good it should be consolidated pay. Pay them millions. Taxed at 45% sounds good to me. Reasonable reward for a good day at work if the shareholders say so.

Bonuses encourages perverse behaviours at the roulette wheel underwritten by the taxpayer.

If they're not that good, or it depends on how well you know Kwasi Kwarteng or any of the insiders attempting to steer this hapless government then I'd suggest jail rather than reward.
The Global Financial Crisis (GFC) happened due to weak regulation. We need to be very careful before undoing any of the post-GFC legislation. Truss and Kwarteng need to do their home work on this very thoroughly first; we don't want to forget the lessons of the past. I worry that a team who have lost the country £65bn have the skills and temperament to make such important decisions.
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