Sunak and other ultra wealthy people like him are tax arbitrageurs, they will quickly move to more favourable locations. Similarly, the brightest and most productive middle income professionals are moving to other countries which levy little or no income tax. This explains why GDP is flatlining and GDP per capita is declining while the population is increasing. Making fewer workers pay more tax while millions of people are idle is why we are where we are, but why work if you don't need to. I suppose we could reimpose exchange controls to stop Sunak and his ilk from leaving, but I have a hunch this just might create other problems. Laffer rules, ok!

Yes, well envy has always been at the root of the socialist mission. And the results are probably why the ancients defined it as a deadly sin.

Anyway, whether we get Uniparty Blue or Uniparty Red at the next election won't make much difference. Between them, they've been wrecking the country for decades.

Now we are in a "technical recession", which is clown world, treasury speak for: we can't hide the obvious anymore. GDP per capita flat lining for the past 20 years, sky high national debt, a debased currency, mountains of regulation, high taxes, ongoing inflation, and the net zero nuttiness driving what industry we have to other countries. Then there is the absolutely vast public sector, hoovering up labour to do fake work that is ultimately damaging to the fabric of society.

All allied to decades of anti-natalism and unrestricted mass colonisation. You become what you import: a low-IQ, low skill, low effort, low trust nation of sly, surly shirkers.

There's no quarter-of-one-percent tweak here or there that can fix this now. And anybody who is mad enough to think either of the main political parties can make this better might as well be a dribbling loony in a mental asylum.

GDP is a number for polticians. Waffle away for hours. Actually meaningless to the man on the street.

So GDP per capita improves when you import millions of low wage immigrants? Got a source?

We will ignore, for now, the devastating effect on public services, housing supply, and the public purse of having so many newcomers who are net takers from the exchequer.

What state is the US in then? An emerging market that's never quite managed to mature. Capitalism gone wrong.