Politics, politics, politics (so long and thanks for all the fish)

[Glenda's Legs]

Read that all ministers will receive at least £425k for resigning from their posts, even the ones disgraced
and BJ will get £125k a year for life for being a PM

Absolute tinkle take but sums up the state of MP's these days
On the gravy train and only in it for themselves

That's the figure across all of the resignees? Seems they get 3 months pay. Michelle Donelan has said she will donate her ~£17k to charity.
I don't think there are many industries where you'd get a pay-out for resigning from your job.

 

[Crab.C.Nesbitt]

Who ever comes in next needs to be honest about the financial situation of the country and why we can’t continue to print money.

Rishi is the only one that seemed to want to pass that message on.

That’s all well and good but rishi is quite happy for the poor and middle class to take on the greatest burden, while continuing to bail out millionaires e.g. writing off ppe fraud and furlough fraud. That is simply not acceptable.

 

[FolkestoneSpur]

 

[DTA]

Who ever comes in next needs to be honest about the financial situation of the country and why we can’t continue to print money.

Rishi is the only one that seemed to want to pass that message on.

what do you suggest? Austerity mk2 with raging supply led inflation ? What do you think will be the result of that?

 

[Roland Beurre]

Gordon Brown refused to leave Downing Street after an election iirc.

Ted Heath did the same and on both occasions, there was a hung parliament, which meant there was a possibility of both PMs continuing if they could get the support of the Liberal Party.

"Down with this sort of thing!" said Boris Johnson, in a previous incarnation.

 

[Roland Beurre]

Yet Boris delivered the massive majority. It was less of a vote for a Conservative party and more a vote for him. His personality was front and centre.

You won’t hear this perspective in the media because, let’s be honest, most were pro-remain and most have never liked him.

A contrasting view.

 

[glasgowspur]

A contrasting view.

View attachment 14280

Labour voters didn't vote for boris, they voted against corbyn.

 

[DTA]

Labour voters didn't vote for boris, they voted against corbyn.

the red wall falling was to do with Brexit.

1. Stagnation of growth in the north for a decade. Since 2008/09 house prices in the north actually fell along with real wages. While London and the SE rose and prospered

2. the impasse I parliament meaning that nothing was getting done. And Boris promised to ‘get Brexit done’

How do I know this? I have businesses in the north west and actually spoke to people this effected.

 

[monkeybarry]

Labour voters didn't vote for boris, they voted against corbyn.

And for Brexit.

The next election will be very interesting policy wise.

 

[Gutter Boy]

And for Brexit.

The next election will be very interesting policy wise.

Depends who gets in. Tugendhat or Hunt vs Starmer could be a rerun of Cameron vs Milliband - i.e. very little between them policy wise. Whereas Truss vs Starmer would be the wicked witch of the west vs the cowardly lion

 

[Legohamster]

what do you suggest? Austerity mk2 with raging supply led inflation ? What do you think will be the result of that?

public spending needs to be cut, we had two years of giving money away and there was always going to be fall out, which is paying it back - people happy to spend it, not so happy to pay it back.

Johnson was happy to spend more and more

 

[Crab.C.Nesbitt]

public spending needs to be cut, we had two years of giving money away and there was always going to be fall out, which is paying it back - people happy to spend it, not so happy to pay it back.

Johnson was happy to spend more and more

So cut tax breaks and loop holes for the wealthy and corporate entities. Don’t subsidise companies in order to pay dividends. If the govt wants to take the limits off bankers pay then that top end bankers pay should be taxed accordingly. Make it illegal to book sales to clients in this country through tax havens. Our tax system is so broken that not only can enormously profitable companies get away with paying no tax, they are even able to obtain tax rebates on “losses” in Uk transactions (ignoring all those sales squirrelled away in tax havens). Here is but one example…https://www.theguardian.com/busines...maker-uk-corporation-tax-rockstar-north-games

In general peoples ideas of restraints on public expenditure always start and end with benefits and public sector pay, but we need a leader who can we the bigger picture. The wealthy need to pay their due. Inequality is the biggest problem in our society and it’s only getting worse. That has to stop, austerity mk2 will only make it worse.

the largesse that the rich and mega rich receive from the tories is no longer tenable. The idea that ceos earn 300 times their average employees wage is complete and utter flimflam, sheer corporate greed (prior to thatcher it the average ceo pay was circa 20 times avg employee pay).

and are these clams worth it? Clearly not on most cases because they are unable to buck market trends.

 

[Jordinho]

https://twitter.com/x/status/1545047564222771200

 

[DTA]

public spending needs to be cut, we had two years of giving money away and there was always going to be fall out, which is paying it back - people happy to spend it, not so happy to pay it back.

Johnson was happy to spend more and more

you haven’t answered my question at all.

what you are suggesting won’t solve any of the problems with the economy, in fact they are very likely to make them much worse.

 

[Crab.C.Nesbitt]

Lol….

https://twitter.com/x/status/1545077380527673344

 

[ricky2tricky4city]

you haven’t answered my question at all.

what you are suggesting won’t solve any of the problems with the economy, in fact they are very likely to make them much worse.

He'd would have been better asking you a question in return.

The BOE and Fed are between a rock and a hard place. There are no right answers and little chance of a soft landing. Just the best wrong answer. But them just having to give answers is novel. Them ignoring the reality of their monetary policy is the crime here.

 

[DTA]

He'd would have been better asking you a question in return.

The BOE and Fed are between a rock and a hard place. There are no right answers and little chance of a soft landing. Just the best wrong answer. But them just having to give answers is novel. Them ignoring the reality of their monetary policy is the crime here.

yeah there no easy answers, as we are in somewhat uncharted territory. But what is very clear is that launching austerity mk2 would absolutely be catastrophic for the economy and country.

 

[Rorschach]

Firstly we all need to ditch GDP as an indicator of the country's wellbeing. New metrics must be used that suit the time we are in. Chasing GDP growth is a fool's errand.

 

[Gutter Boy]

Firstly we all need to ditch GDP as an indicator of the country's wellbeing. New metrics must be used that suit the time we are in. Chasing GDP growth is a fool's errand.

Absolutely. GPD is a measure of two things - how out of control your birth and/or immigration rate is, and how quickly you are burning dinosaurs. It's just a how bad your ponzi scheme is rating.

 

[ricky2tricky4city]

yeah there no easy answers, as we are in somewhat uncharted territory. But what is very clear is that launching austerity mk2 would absolutely be catastrophic for the economy and country.

Politically it is suicide, as any pain is projected onto the government (of any colour) and the misery and blame laid at their door.

However it is the noble thing to do. You pay your dues and accept that bad times can follow good. The problem is the 'good times' have artificially propped up for way too long on bubble after bubble. There should be only so much money to go round but they discarded that idea and in doing so everyone got 'wealthy' (in the main) by doing fudge all.

The problem is COVID, followed by the war (and to a lesser extent, in our case Brexit) has put sovereign wealth at risk via debt levels. Add this to corporate debt and personal debt and it's a pack of cards.