The middle-class now has changed. It has become a lot more bureaucratic and we are producing more and more people from universities who are going into a bureaucratic job rather than a genuine producing job where you're adding value. And that, I think, is why the growth is reducing at the same time as we're facing increased competition from other countries that are not spending a lot of time on bureaucracy. The EU is the classing of this genre; It's all about pumping out regulation.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "The middle-class now has changed. It has become a lot more bureaucratic and we are producing more and more people from universities who are going into a bureaucratic job rather than a genuine producing job where you're adding value. And that, I think, is why the growth is reducing at the same time as we're facing increased competition from other countries that are not spending a lot of time on bureaucracy. The EU is the classing of this genre; It's all about pumping out regulation." in the context of ""Is Kemi Badenoch the Next Margaret Thatcher?" (at 1h17m48s), Honestly with Bari Weiss, 12 December 2024" to mean that wisdom is timeless.