2022 mini-budget discussion

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Hmm, just heard Kamikwarteng giving his first response to the media since this all started....we are sooo boned.

What I'm focused on is delivering blah, blah, blah....We've helped people with blah, blah, blah.
 
squerble said:

What a refreshing change to hear someone with reasoned responses. I've always voted Labour but I like Rory Stewart.
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He's right, you don't have to look very far, the extremist herpderps on here get boners from the baseless soundbites that the likes of Truss throw about. It doesn't matter if there's no/little substance behind their statements. They're not traditional conservatives which is why you see the likes of Farage happy with the budget - I bet he made a fortune from it.

Instagram politics.
 
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Destination said:
When Kwasi #modo speaks of sticking to the growth plan, what precisely do they consider this growth plan to actually be? How do they think growth will be achieved? In what time frame?
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He doesn't know, it is just the only thing he has written down on a piece of paper. (Watching Parks & Rec so getting Ron Swanson troop leader vibes with only a single sentence in the troop manual "Be a man" - i.e. no actual plan or ideas on how to actual do that).
 
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Read reports of Tory MPs getting slightly more bold in thier disapproval of truss/Kwasi.
The more who speak out the more will join them.

I wonder how it's going to play out? How bad does it have to get before something has to happen? Can they keep steam rolling through?
 
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Uther said:
Paraphrasing...
'So you're going to protect the most vulnerable in society by honouring the last governments pledge to put benefits up by the rate of inflation?'
'Err...'
news.sky.com

Chancellor Kwasi Kwarteng insists government 'protecting people across UK' as he defends mini-budget

Liz Truss and Kwasi Kwarteng are forging ahead with the mini-budget plans announced last week. They sparked economic turbulence but the PM and chancellor insist the large tax cuts will promote growth.
news.sky.com news.sky.com
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Not that type of growth
The good kind, for us
 
Uther said:
Paraphrasing...
'So you're going to protect the most vulnerable in society by honouring the last governments pledge to put benefits up by the rate of inflation?'
'Err...'
news.sky.com

Chancellor Kwasi Kwarteng insists government 'protecting people across UK' as he defends mini-budget

Liz Truss and Kwasi Kwarteng are forging ahead with the mini-budget plans announced last week. They sparked economic turbulence but the PM and chancellor insist the large tax cuts will promote growth.
news.sky.com news.sky.com
Click to expand...
Christ he sounds like a literal NPC who only has a few words in his database to pull from to talk to you
 
The above youtube video posted of Rory (whom I've never heard of as I don't tend to follow politics that much) is indeed refreshing. One of the reasons I don't tend to follow politics on radio and live debated and news programs, is simply how cringeworthy it is listening to people raising their voices and talking over each other. The anger and attitude in some of the people interviewing comes across so much and I just think they like the whole power trip of being the voice of anger for the country. Half of the questions they ask are intent on simply making the person (Liz Truss in this case) squirm and feel uncomfortable where they aren't even really interested in the answer, since they cut them off half way through anyway.

If people behaved like this in any other business, they would be shown the door. Why in something as important as politics do we allow such childish bickering and unprofessionalism I wonder. As much as you might hate a certain MP, at least remain professional and allow them to answer, even if it is repetitive dross and ill thought out.
 
My accountant thinks he's possibly testing the water for creating a tax haven. It was mooted by some Conservatives as an appealing idea some time ago, if my memory serves me right. The EU won't be liking that...
 
Destination said:
When Kwasi #modo speaks of sticking to the growth plan, what precisely do they consider this growth plan to actually be? How do they think growth will be achieved? In what time frame?
Click to expand...

The growth plan is to become Singapore. So low corporation tax of say 10%, low PAYE taxes, low business regulation, no environmental controls etc.

That will encourage companies to invest in the UK and set up new business here.

downsides is in order to get to this point they have to

Cut public spending by a third
Have a basic (very basic) safety net
Remove workers rights like minimum holidays, WTD, right to tribunal, right to maternity leave etc
Get rid of the minimum wage
A massively devalued pound eg $0.8 to the £ in order to make exports cheap and make foreign invested money go further.

Then people will fall into one of two categories:

Those with businesses or who start new businesses or high paid highly skilled jobs who will become much much richer than they are now.

The other 80% of the country who will barely scrape a living to make ends meet.

In order to do this you should probably take around 20 years at least. They are planning to do it in 2. Unless people are stupid enough to give them another 5 years.

Will work if you do it slow enough unless the peasants revolt.
 
Probably makes the most sense.
AA tax haven where the rich poor divide is gigantic.

No more nhs, public services etc etc.

We have too many people for that to work. I think it's already being nipped in the bud. Unfortunately for him too many peasants and I do still believe they are switched on enough to halt this in 2 years.

I hope

Anyone with saleable skillets will emigrate.
 
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