2022 mini-budget discussion

Status
Not open for further replies.
GordyR said:
Here, i'll re-quote myself for you:



As I said, I haven't taken the time to look, but I suspect that any of the countries in that list are probably examples that would meet your request.

Feel free to check.
Click to expand...

OK, so you are saying you arbitrarily posted a totally irrelevant chart, just, well because...

It's not like you to have not taken the time to offer opposition to a Right leaning forum member's ideology or opinions, are you sure it's not that you can't offer this example because it's none existent?
 
Last edited:
thenewoc said:
I don't believe you've proven that a radical change to taxation is unequivocally linked with a country proposing to go to war and take over the whole of Europe.
Click to expand...

As a fellow (ex) west sussexer I wouldn't waste time. When you are on the wrong side of the argument the sensible thing to do is not go all in but to step back an re-evaluate. You will struggle to find anyone who agrees with you in the entire country at this point so I mean this quite sincererly.
 
Screeeech said:
Surely, if they do a U turn they're done right? :D

I mean, is it even possible - you could do this much damage, then be like; "er, soz bout that - we're not doing it anymore" and actually survive in your post??
Click to expand...
''We still think it's the right course of action but the markets and those lefties don't believe enough to make it work unfortunately''
 
Chris Wilson said:
No extremism at all, what's extreme about asking for an example of a successful first world economy where the investors are paid less and low skilled workers paid more? It's patently obvious no one can offer such an example to me, and this Utopia is a pie in the sky dream of anti capitalists.
Click to expand...
It is a setup for a no true Scotsman fallacy though.
 
Get sunak in. The sooner the better. Get these changes reversed and see if we can stop this slide into the abyss.
 
Yet the alternative isn't honey & milk, it's a deep recession with millions loosing their job(s). This was always going to be a tough time following the costs of supporting a workforce through a pandemic but then add to that our involvement in defending Ukraine and Russia using gas trading to retaliate on the west. It's either going to be a very tough and deep recession or face increased borrowing to cushion the economy from that recession and try to get the economy growing instead.
 
thenewoc said:
But we have a mechanism to deal with that, a democratic society which if it doesn't want that then they won't vote for those suggesting it at the next GE.
Click to expand...
But we have no method of dealing mid term with a government that has torn up all it’s manifesto pledges and dived headlong down a financial rabbit hole nobody voted for, claiming what is currently happening is democratic is like claiming Brexit would be good for the economy
 
thenewoc said:
But we have a mechanism to deal with that, a democratic society which if it doesn't want that then they won't vote for those suggesting it at the next GE.
Click to expand...

What GE? The current Govt are doing it in 6the next 2 years and they werent elected and neither was it in their manifesto.
 
413x said:
Get sunak in. The sooner the better. Get these changes reversed and see if we can stop this slide into the abyss.
Click to expand...
The humiliation though. I doubt they can stand it. Although saying that they put up with Boris for years.
I suppose MP's could blame all those leftie infiltrators in the Con party for voting Truss in.
 
Last edited:
thenewoc said:
Yet the alternative isn't honey & milk, it's a deep recession with millions loosing their job(s). This was always going to be a tough time following the costs of supporting a workforce through a pandemic but then add to that our involvement in defending Ukraine and Russia using gas trading to retaliate on the west. It's either going to be a very tough and deep recession or face increased borrowing to cushion the economy from that recession and try to get the economy growing instead.
Click to expand...

You dont get the economy going by giving money Disproportionately to the rich, stoking inflation and driving everyone's costs up by more than what you've given them by orders of magnitude.

"Here's a 2 hundred a year from some tax cuts. (Gucci dave is getting 5k, but ignore that".
Oh, your mortgage is going up 100s a month. But wait for the trickle. You'll be fine."
 
Last edited:
Screeeech said:
Surely, if they do a U turn they're done right? :D

I mean, is it even possible - you could do this much damage, then be like; "er, soz bout that - we're not doing it anymore" and actually survive in your post??
Click to expand...
She could sack KamiKwasi and say it was all his fault? Then she puts Sunak in to restore order. I wouldn't bet against it.
 
thenewoc said:
Yet the alternative isn't honey & milk, it's a deep recession with millions loosing their job(s). This was always going to be a tough time following the costs of supporting a workforce through a pandemic but then add to that our involvement in defending Ukraine and Russia using gas trading to retaliate on the west. It's either going to be a very tough and deep recession or face increased borrowing to cushion the economy from that recession and try to get the economy growing instead.
Click to expand...

Obvs giving tax cuts to people who don't need it and borrowing a **** load is the right way.
 
I have a friend who's a trader for a large multinational bank. He says this is really bad. He can just see a firesale of everything UK by every client
 
thenewoc said:
I don't believe you've proven that a radical change to taxation is unequivocally linked with a country proposing to go to war and take over the whole of Europe.
Click to expand...
If you're going to move the goal posts like that at least try to make it less obvious. No one said "a radical change to taxation is unequivocally linked with a country proposing to go to war and take over the whole of Europe", you said"Radical times need radical solutions." and i responded by saying "Said every German in 1933." and further explaining that your "Radical times need radical solutions." is a tale as old as the hills and it always ends badly and explained that the word demagogue is a word to describe someone who takes advantage of "radical times" and it always ends badly.
 
thenewoc said:
Yet the alternative isn't honey & milk, it's a deep recession with millions loosing their job(s). This was always going to be a tough time following the costs of supporting a workforce through a pandemic but then add to that our involvement in defending Ukraine and Russia using gas trading to retaliate on the west. It's either going to be a very tough and deep recession or face increased borrowing to cushion the economy from that recession and try to get the economy growing instead.
Click to expand...

Which leads to 5%+ interest rates, a tanked pound inflation staying in the UK for years after the rest of the world have got back to normal.

pick your poison.
 
Status
Not open for further replies.
Back
Top Bottom