news & politics:discussion

[steviewevie]

well...I don't have any answers, but I think we're a bit fucked for a year or two at least...

[lost]

2 minutes ago, Ozanne said:

wages stagnant

Wages are running at 6%+ It was in the BOE statement specifically this afternoon.

[Guest]

16 minutes ago, lost said:

Wages are running at 6%+ It was in the BOE statement specifically this afternoon.

Wages stagnant when compared to inflation I mean. 

Edited August 4, 2022 by Ozanne

[Guest]

 

[lost]

6 minutes ago, Ozanne said:

Wages stagnant when compared to inflation I mean. 

yes but their remit is to target inflation at 2% in 2 years time. That won't happen if wage rises are continuing at that level. They can only do what they are told and that is what Gordon Brown told them to do.

Edited August 4, 2022 by lost

[Guest]

11 minutes ago, lost said:

yes but their remit is to target inflation at 2% in 2 years time. That won't happen if wage rises are continuing at that level. They can only do what they are told and that is what Gordon Brown told them to do.

Wages have been stagnant even with this target so it clearly doesn’t work.

Their target should change to something like:

- growth of x%
- employment

- inflation

Any government can change the remit of the BoE.

[steviewevie]

Haven't wages been mostly stagnant for last few decades?

[Guest]

4 minutes ago, steviewevie said:

Haven't wages been mostly stagnant for last few decades?

 

20 minutes ago, Ozanne said:

 

Yes…

[lost]

11 minutes ago, Ozanne said:

Wages have been stagnant even with this target so it clearly doesn’t work.

Their target should change to something like:

- growth of x%
- employment

- inflation

Any government can change the remit of the BoE.

So I guess your not a Starmer fan anymore? Rachel Reeves is ex-BOE during the specific period your complaining about. I'd be 99% sure she's bought into it.

Edited August 4, 2022 by lost

[Guest]

4 minutes ago, lost said:

So I guess your not a Starmer fan anymore? Rachel Reeves is ex-BOE during the specific period your complaining about. I'd be 99% sure she's bought into it.

I love my main man Starmz, that doesn’t mean I feel differently about some policies though. 

[steviewevie]

Starmer is so fucking shit the lame centrist new labour w*nker bastard

 

[steviewevie]

Go Starmer, future PM!

 

[steviewevie]

12 minutes ago, lost said:

So I guess your not a Starmer fan anymore? Rachel Reeves is ex-BOE during the specific period your complaining about. I'd be 99% sure she's bought into it.

too many incorrect yours in there for me to take you seriously.

[lost]

1 minute ago, steviewevie said:

too many incorrect yours in there for me to take you seriously.

Ok than fancy a bet for charity? I know it would take labour to actually win for  Rachel Reeves to take control.

[steviewevie]

a thread from someone who probably isn't qualified enough defending the bank of england raising rates...

 

[steviewevie]

4 minutes ago, lost said:

Ok than fancy a bet for charity? I know it would take labour to actually win for  Rachel Reeves to take control.

then, not than.

a bet on what?

[lost]

Just now, steviewevie said:

then, not than.

a bet on what?

on Reeves (and Im typing on a 4.7" phone with predictive text)

[Guest]

3 minutes ago, steviewevie said:

a thread from someone who probably isn't qualified enough defending the bank of england raising rates...

 

All hail the energy firms. 

[steviewevie]

4 minutes ago, lost said:

on Reeves (and Im typing on a 4.7" phone with predictive text)

on Reeves what? backing the bank of england on the rates rise?

[lost]

2 minutes ago, steviewevie said:

on Reeves what? backing the bank of england on the rates rise?

Basically yes. I don't see any fundamental shift under her vs say we would of had under say John Mcdonnell

[steviewevie]

it's fucked. We've had all this austerity that has just made everything shit. Then we had brexit and all it's promises which have so far turned out to be total bullshit, and have made us poorer and more isolated. Then some virus came along and fucked the world. Now we have a bunch of macho geezers pusing the world to the brink of war. Meanwhile...the climate is fucked, and in the end we're not doing enough because of all of the above, and there will one day be a whole load of regret.

Edited August 4, 2022 by steviewevie

[steviewevie]

4 minutes ago, lost said:

Basically yes. I don't see any fundamental shift under her vs say we would of had under say John Mcdonnell

I'm just a bit confused what the bet is actually for. Maybe you should be having this bet with Ozanne.

[steviewevie]

 

[steviewevie]

that happiness but he can't be cause his wife is a lesbian bloke...

 

[Guest]

Debate time!