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 Badger11  Beckenham 24 Sep 22 8.31am |
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Originally posted by HKOwen
You now have sections of the media writing that, for example, the reversal of the NI increase is going to make virtually no difference to the less well off, those earning 30K or less. These same commentators were writing how punitive it was when introduced. It is very hard to find any non partisan commentary anywhere. The interest rate increases might teach people to try and live within their means and not rack up massive credit card debt, and I don't mean the very poor. As an example, when I used to regularly visit a nursing home , the young female staff were always well turned out, nice hair, well manicured nails etc. I was chatting to one and asked how it was affordable bearing in mind the salaries were not high in the care sector. Simple, these young people all got credit cards as soon as they could and maxed them out fairly quickly and were saddled with debt from a young age. How many people actually save to buy something now? Spare me the " how can people save when it's eat or heat stuff ", I am not talking about the poorest in society here. A colleague once complained he couldn't afford to have kids. He earned the same as me and with his working wife they were on £100k plus. They had a fabulous lifestyle (and why not) he went to concerts at least once a week / lavish holidays etc, nothing wrong it that. Too poor to have kids yeah right. Some people want it all and they need to learn to budget and go without. My parents did and so did I until I was in my late twenties and my career took off. For some their spending is holidays and nights out daily trips to Starbucks. For others its takeaways. Lewisham is supposed to be one of the poorest boroughs in London and yet McDonald's is busy with delivery drives for breakfast. Some people are genuinely poor others just don't want to tighten their belt.
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| Wisbech Eagle Truro Cornwall 24 Sep 22 10.03am |
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Originally posted by SW19 CPFC
They’re screwed. Still surprised that they decided Truss was a better option than Sunak seeing as the major issues are economic. They’ve shot themselves in the foot and now everyone else is going to have to take an acid bath for it. As bad as Johnson was he would never have come up with such toddler level policy tripe Quite! Trickle-down economics has been shown to fail even in the best of times, but is still tried. How can it possibly work now? Trickle-down? More like pour-out! This could be the shortest ever government in history. I cannot see our Parliament being able to sit by and do nothing for long. Remember, Truss was not the preferred choice of the MPs. There may be cross-party support needed for action if the run on the £ continues for long.
For the avoidance of doubt any comments in response to a previous post are directed to its ideas and not at any, or all, posters personally. |
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| Badger11 Beckenham 24 Sep 22 10.08am |
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Originally posted by Wisbech Eagle
Quite! Trickle-down economics has been shown to fail even in the best of times, but is still tried. How can it possibly work now? Trickle-down? More like pour-out! This could be the shortest ever government in history. I cannot see our Parliament being able to sit by and do nothing for long. Remember, Truss was not the preferred choice of the MPs. There may be cross-party support needed for action if the run on the £ continues for long. I thought you were a Tory? Truss will take them into the next GE only time will tell if this has been a good decision. Maggie cut taxes in a major recession against the advice of all the economic experts and it raised tax revenue. What would your solution be more of the same? We have had 12 years of a pseudo Tory government at least those who voted for Tory policies are now getting what they voted for. Edited by Badger11 (24 Sep 2022 10.08am)
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| steeleye20 Croydon 24 Sep 22 10.43am |
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Originally posted by Badger11
I thought you were a Tory? Truss will take them into the next GE only time will tell if this has been a good decision. Maggie cut taxes in a major recession against the advice of all the economic experts and it raised tax revenue. What would your solution be more of the same? We have had 12 years of a pseudo Tory government at least those who voted for Tory policies are now getting what they voted for. Edited by Badger11 (24 Sep 2022 10.08am) There has to be more in life than blind allegiance to a political party, regardless of what they do.
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| Badger11 Beckenham 24 Sep 22 10.48am |
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Originally posted by steeleye20
There has to be more in life than blind allegiance to a political party, regardless of what they do. C'mom Steeleye blind allegiance? This is the Tory party behaving like the Tory party for the first time in decades. I get that you don't like that and would prefer a Labour government what I don't get is people who claim to be Tory and yet appear to espouse Socialist views, if you feel that way then vote Labour.
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| steeleye20 Croydon 24 Sep 22 11.24am |
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Explain to us then how these measures will bring meaningful economic growth, and how it an be worth the pain anyway. It cannot be trade we know there is a hit to leaving the EU for the foreseeable future. So very substantial investment. But as we see from the sinking pound as a result of this investors are showing just what they think of it. Why do the tories think time after time, that making the rich even richer is a sensible economic policy. Because it has never worked, if it had we wouldn't be in this mess now, would we.
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| Badger11 Beckenham 24 Sep 22 11.26am |
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Originally posted by steeleye20
Explain to us then how these measures will bring meaningful economic growth, and how it an be worth the pain anyway. It cannot be trade we know there is a hit to leaving the EU for the foreseeable future. So very substantial investment. But as we see from the sinking pound as a result of this investors are showing just what they think of it. Why do the tories think time after time, that making the rich even richer is a sensible economic policy. Because it has never worked, if it had we wouldn't be in this mess now, would we.
I think you are straying from my point about people who claim to be Tory but don't want Tory policies. You are now arguing for a Labour government fair enough but that is not the same thing.
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| steeleye20 Croydon 24 Sep 22 11.42am |
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Originally posted by Badger11
I think you are straying from my point about people who claim to be Tory but don't want Tory policies. You are now arguing for a Labour government fair enough but that is not the same thing. They don't want tory policies? Not my field obviously but how would they know what they are, other than the traditional tory fantasy of rewarding the asset-rich that's about the only thing that's constant.
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ASCPFC  Pro-Cathedral/caravan park 24 Sep 22 12.52pm |
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Why have Labour put Greener into their party conference slogan? Do they think all of their supporters are blue haired, glued to a motorway, pan gender, diversity champions? How about working class? Literally clueless, f***ing idiots. Labour's slogan should be 'The only opposition party in the world that could make a turd government look good', if it were to have any basis in reality. Awful is nowhere near harsh enough. There aren't words low enough to describe Labour currently. Tories aren't much better, but are perhaps reaching bottom-feeder level - which Labour would have to climb a mountain to achieve.
Red and Blue Army! |
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| Midlands Eagle 24 Sep 22 2.26pm |
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Originally posted by HKOwen
You now have sections of the media writing that, for example, the reversal of the NI increase is going to make virtually no difference to the less well off, those earning 30K or less. It also makes no difference to the over 65s who don't pay NI anyway
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| JRW2 Dulwich 24 Sep 22 2.55pm |
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Originally posted by Wisbech Eagle
This could be the shortest ever government in history. I cannot see our Parliament being able to sit by and do nothing for long. Remember, Truss was not the preferred choice of the MPs. There may be cross-party support needed for action if the run on the £ continues for long. That's what really gets me. She gained just 14% of Conservative MPs' votes in the first round of the leadership ballot. How did they allow themselves to be blown so far off a sensible course of action? Recipe for a rebellious parliamentary party.
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| Midlands Eagle 24 Sep 22 4.18pm |
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Originally posted by JRW2
She gained just 14% of Conservative MPs' votes in the first round of the leadership ballot. How did they allow themselves to be blown so far off a sensible course of action? It wasn't the fault of the Conservative MPs as they made their preference well known. Unfortunately the decision was in the hands of the Conservative Party members most of whom seem to be doddery old fools and perhaps they didn't want a leader who wasn't the same colour as themselves
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