news & politics:discussion

[Kurosagi]

Not exactly the cheeriest of summaries, but gets to the heart of the problems Truss is setting herself up for (and the mess she's going to leave us with). Not familiar with Richard Murphy and my grasp of economics is sub O Level standard so will leave it to @lost and any other economists on the list to pick his arguments apart.

 

[hodgey123]

All I ever see from Richard Murphy are 100-tweet long threads of doom. I get that everything is actually shit at the minute but there must be so many doom-monger predictions he has made that have not come to fruition?

[fraybentos1]

32 minutes ago, hodgey123 said:

All I ever see from Richard Murphy are 100-tweet long threads of doom. I get that everything is actually shit at the minute but there must be so many doom-monger predictions he has made that have not come to fruition?

He's a bit of a fruitcake is Richard. Had some very doomsday covid predictions that were well off the mark

[steviewevie]

51 minutes ago, hodgey123 said:

All I ever see from Richard Murphy are 100-tweet long threads of doom. I get that everything is actually shit at the minute but there must be so many doom-monger predictions he has made that have not come to fruition

I don't know, looked spot on to me.

[Alvoram]

3 hours ago, steviewevie said:

£ not doing too well today.

Took a small dive for an hour or so earlier, but overall the £ has risen against the $ today compared to yesterday. It's up overall since she was announced as PM, after reaching lows not seen since the 80s Sunday night / Monday morning. But it's currently extremely volatile and a lot predicting it could still drop as low as $1.10. 

I could be wrong, but I think what we're mainly seeing is the Euro rebound against both the £ and the $, after their announcements. 🙂 The Euro also hit lows not seen for 20 years before the start of this week. Again, I'm not sure the rebound has legs. 

[steviewevie]

Yawn

 

[Kurosagi]

1 minute ago, steviewevie said:

Yawn

 

What I don't get about the Victorian Pencil is that he has plenty of young kids. He may be rich (and now will be getting richer) but that's not going to protect his kids from a future dominated by his govt's abject failure to prepare the country for climate change.

His constuency is in Somerset FFS, almost a third of which is predicted to be under water in less than 30 years: what bunker in what country is he planning on jetting them off to?

https://coastal.climatecentral.org/map/10/-2.6272/51.1984/?theme=sea_level_rise&map_type=coastal_dem_comparison&basemap=roadmap&contiguous=true&elevation_model=best_available&forecast_year=2050&pathway=rcp45&percentile=p50&refresh=true&return_level=return_level_1&rl_model=gtsr&slr_model=kopp_2014

 

[pink_triangle]

Liz is going to make it easier to see a GP. It's basically some red meat to throw to the electorate, but how will she achieve it?

[Guest]

3 minutes ago, pink_triangle said:

Liz is going to make it easier to see a GP. It's basically some red meat to throw to the electorate, but how will she achieve it?

They don’t have to, she’ll just say they’ve done it and assume we are all too stupid to realise. 

[Guest]

Get in. 

[steviewevie]

6 hours ago, Kurosagi said:

What I don't get about the Victorian Pencil is that he has plenty of young kids. He may be rich (and now will be getting richer) but that's not going to protect his kids from a future dominated by his govt's abject failure to prepare the country for climate change.

His constuency is in Somerset FFS, almost a third of which is predicted to be under water in less than 30 years: what bunker in what country is he planning on jetting them off to?

https://coastal.climatecentral.org/map/10/-2.6272/51.1984/?theme=sea_level_rise&map_type=coastal_dem_comparison&basemap=roadmap&contiguous=true&elevation_model=best_available&forecast_year=2050&pathway=rcp45&percentile=p50&refresh=true&return_level=return_level_1&rl_model=gtsr&slr_model=kopp_2014

 

yeah, but tory backbenchers like a bit of fracking.

[Guest]

So todays the day gang where the new PM officially says that she cares more about protecting energy firms profits than she does about people’s own money. What a time to be alive. 

[steviewevie]

May as well nationalise energy (and water while you're at it).

[Neil]

10 hours ago, fraybentos1 said:

He's a bit of a fruitcake is Richard. Had some very doomsday covid predictions that were well off the mark

Murphy is a tax returns accountant who likes to pretend he's an economist. 

[steviewevie]

9 hours ago, Ozanne said:

Get in. 

see how people will feel in a few weeks if her energy price deal is seen as good enough and after a photo-op in Kiev.

[Neil]

fed up with "most diverse cabinet ever", not very diverse they're all tories.

[steviewevie]

[steviewevie]

6 minutes ago, Neil said:

fed up with "most diverse cabinet ever", not very diverse they're all tories.

still mostly privately educated.

[Neil]

19 minutes ago, steviewevie said:

still mostly privately educated.

just educated would be good.

[steviewevie]

I don't know why she doesn't just do the windfall tax thing, would be popular.

[squirrelarmy]

2 minutes ago, steviewevie said:

I don't know why she doesn't just do the windfall tax thing, would be popular.

Because as a Shell shareholder she will personally be out of pocket. 

[steviewevie]

I think she'll uturn on the windfall tax.

[Neil]

1 minute ago, steviewevie said:

I think she'll uturn on the windfall tax.

i think you're right, sticking it all on borrowing isn't a good look for a tory.

[phimill]

My proposal on the "windfall tax" would be:

Energy giants have their profits capped at FY21 levels (already inflated due to Covid)

Remaining UK profits held by UK government, these profits can be returned to the company based on a sound investment plan to green energy once the investment has occurred and green efficiencies in place (current profit levels should allow for investments to take place). Any profits not planned to be re-invested into the green energy are used to offset the borrowing used to implement the new cap

[Guest]

54 minutes ago, steviewevie said:

see how people will feel in a few weeks if her energy price deal is seen as good enough and after a photo-op in Kiev.

She’ll get a poll bounce for sure but people overwhelmingly want a windfall tax. She’s actively putting energy firms first here.