steviewevie Posted October 4, 2022 Report Share Posted October 4, 2022 18 minutes ago, Neil said: that'll be a hard sell for popularity. I'm sure many will like the tax cuts...and who cares about those on welfare anyway, the skivers. Link to comment Share on other sites More sharing options...
Neil Posted October 4, 2022 Report Share Posted October 4, 2022 1 minute ago, steviewevie said: I'm sure many will like the tax cuts...and who cares about those on welfare anyway, the skivers. i reckon everyone is sick of spending cuts. Link to comment Share on other sites More sharing options...
steviewevie Posted October 4, 2022 Report Share Posted October 4, 2022 7 minutes ago, Neil said: i reckon everyone is sick of spending cuts. Under Cameron and Osborne we had spending cuts without the tax cuts...it was all to bring down the deficit apparently, but in the end just felt like a cynical way of shrinking the state. Now we are getting spending cuts because markets don't trust Kwarteng/Truss plans for tax cuts and growth. So, I expect some people will like the fact they have more money and aren't bothered about the state of public services, the selfish gene and all that. I guess depends where cuts will be...welfare? education? HS2? Link to comment Share on other sites More sharing options...
Neil Posted October 4, 2022 Report Share Posted October 4, 2022 13 minutes ago, steviewevie said: Under Cameron and Osborne we had spending cuts without the tax cuts...it was all to bring down the deficit apparently, but in the end just felt like a cynical way of shrinking the state. Now we are getting spending cuts because markets don't trust Kwarteng/Truss plans for tax cuts and growth. So, I expect some people will like the fact they have more money and aren't bothered about the state of public services, the selfish gene and all that. I guess depends where cuts will be...welfare? education? HS2? now it just feels like viciousness for the sake of being vicious. Link to comment Share on other sites More sharing options...
Punksnotdead Posted October 4, 2022 Report Share Posted October 4, 2022 2 minutes ago, Neil said: now it just feels like viciousness for the sake of being vicious. It always was! The difference this time is even some Tories are threatening to rebel against it. Link to comment Share on other sites More sharing options...
Neil Posted October 4, 2022 Report Share Posted October 4, 2022 1 minute ago, Punksnotdead said: It always was! The difference this time is even some Tories are threatening to rebel against it. because even those tories can see how unfair and vicious it is. Link to comment Share on other sites More sharing options...
steviewevie Posted October 4, 2022 Report Share Posted October 4, 2022 (edited) 12 minutes ago, Neil said: now it just feels like viciousness for the sake of being vicious. It's ideology of many on Tory right and various libertarian think tanks. It drove much of the leave campaign. Low tax, low regulation, small state. Edited October 4, 2022 by steviewevie Link to comment Share on other sites More sharing options...
Guest Posted October 4, 2022 Report Share Posted October 4, 2022 Austerity isn’t an ideology, it’s justification for the Right to cut public services and funnel more of the money from the poor to the rich. Link to comment Share on other sites More sharing options...
steviewevie Posted October 4, 2022 Report Share Posted October 4, 2022 Also have to remember that despite the last load of austerity, Tories kept winning. Link to comment Share on other sites More sharing options...
lost Posted October 4, 2022 Report Share Posted October 4, 2022 Can’t see the BOE wanting to monetise much more debt. The timing of these bond purchases was terrible in regards to starting to unwind the COVID debts. Link to comment Share on other sites More sharing options...
Guest Posted October 4, 2022 Report Share Posted October 4, 2022 8 minutes ago, steviewevie said: Also have to remember that despite the last load of austerity, Tories kept winning. That’s mainly because of poor Labour messaging and the media not doing their jobs properly. Link to comment Share on other sites More sharing options...
steviewevie Posted October 4, 2022 Report Share Posted October 4, 2022 3 minutes ago, lost said: Can’t see the BOE wanting to monetise much more debt. The timing of these bond purchases was terrible in regards to starting to unwind the COVID debts. Yes timing was terrible, but necessary due to what happened to markets after Kwarteng's dumbarse budget. Weren't the bond buying supposed to last two weeks, probably why uturns and cuts brought forward to stabilise things. What a mess. Link to comment Share on other sites More sharing options...
Guest Posted October 4, 2022 Report Share Posted October 4, 2022 2 minutes ago, steviewevie said: Yes timing was terrible, but necessary due to what happened to markets after Kwarteng's dumbarse budget. Weren't the bond buying supposed to last two weeks, probably why uturns and cuts brought forward to stabilise things. What a mess. According to the Press the reason for the u turn was because Graham Brady went and told Truss that she didn’t have the numbers for the tax cuts and it could bring her down. Link to comment Share on other sites More sharing options...
Punksnotdead Posted October 4, 2022 Report Share Posted October 4, 2022 31 minutes ago, Neil said: because even those tories can see how unfair and vicious it is. The nasty party. Always have been. Always will be. Link to comment Share on other sites More sharing options...
Neil Posted October 4, 2022 Report Share Posted October 4, 2022 36 minutes ago, Ozanne said: Austerity isn’t an ideology, it’s justification for the Right to cut public services and funnel more of the money from the poor to the rich. It's a political choice. Link to comment Share on other sites More sharing options...
steviewevie Posted October 4, 2022 Report Share Posted October 4, 2022 7 minutes ago, Neil said: It's a political choice. Everything is shit. Want change? Here, have a referendum. Link to comment Share on other sites More sharing options...
steviewevie Posted October 4, 2022 Report Share Posted October 4, 2022 actually agree with this. Link to comment Share on other sites More sharing options...
Neil Posted October 4, 2022 Report Share Posted October 4, 2022 I'll be pissed off if I don't get my sixty quid rise in my PIP payments. Link to comment Share on other sites More sharing options...
steviewevie Posted October 4, 2022 Report Share Posted October 4, 2022 Maybe we should have paid attention to what Dishi was saying instead of accusing him of mansplaining. Link to comment Share on other sites More sharing options...
squirrelarmy Posted October 4, 2022 Report Share Posted October 4, 2022 21 minutes ago, Neil said: I'll be pissed off if I don't get my sixty quid rise in my PIP payments. Have you got your £150 yet? I still haven’t got mine. Link to comment Share on other sites More sharing options...
Neil Posted October 4, 2022 Report Share Posted October 4, 2022 1 hour ago, squirrelarmy said: Have you got your £150 yet? I still haven’t got mine. Haven't checked today, I hadn't had it yesterday. Link to comment Share on other sites More sharing options...
Crazyfool01 Posted October 4, 2022 Report Share Posted October 4, 2022 Braverman will turn conference around .... Link to comment Share on other sites More sharing options...
steviewevie Posted October 4, 2022 Report Share Posted October 4, 2022 27 minutes ago, Crazyfool01 said: Braverman will turn conference around .... send'em back Link to comment Share on other sites More sharing options...
steviewevie Posted October 4, 2022 Report Share Posted October 4, 2022 Gilts now back to where they were before the budget, and bank has only spent £3.7billion...bargain. Link to comment Share on other sites More sharing options...
lost Posted October 4, 2022 Report Share Posted October 4, 2022 UN calling for central banks to stop hiking rates and governments to use price controls instead Link to comment Share on other sites More sharing options...
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