2022 mini-budget discussion

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If the barrel keeps producing rotten apples then maybe we shouldn't keep choosing that one.

I think this metaphor may have run its course if I'm honest so I'll be blunt, it's not the 'system' that keeps producing politicians like Cameron, May, Boris, Truss, Kami-Kwarteng, Osborne et al. It's the Conservative party IMO.
 
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when the alternatives are better .. the mini-budget discussion has rather over-shadowed the Labour conference.

public services Still the 45% is only 2Bn saving - as Today interview said 18BN (1/2 defence) in cost reduction/efficiencies needed in public sector to combat inflation => austerity.
the tax cuts need to address the rich versus poor income disparity versus other economies.


CapitalOne said:
…and now they are blaming my MP, Mr Philp for this. Pass the parcel bus chucking.
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some of the sycophants deserve to be under the wheels - when mediocre men say nothing
 
lmao they spent the weekend with their mates defending this stupid tax cut only to reverse it this morning :cry: :cry: :cry:

Absolutely hilarious. What are Darren Grimes and his mates going to do this morning?
 
I honestly think that without Brexit and COVID, the Conservatives would be bumbling along just fine. Doing a low level poor job of running the country but with a high popularity. Considering the mess they have made and still remained popular until very recently I think that its just been an accumulation of all their massive **** ups coming home to roost. The Ukraine conflict has been the final straw which has brutally exposed their mismanagement.

Next election will come, Labour will win. Conservatives will have a field day from day one because they are simply a far more effective party at manipulating people and controlling the narrative. We will have a term, perhaps 2 of labour and then back to the conservatives.

Labour needs to get a backbone and actually hurt the conservatives rather than watching as they slowly strangle themselves whilst wrecking the country as they go.
 
fez said:
I honestly think that without Brexit and COVID, the Conservatives would be bumbling along just fine. Doing a low level poor job of running the country but with a high popularity. Considering the mess they have made and still remained popular until very recently I think that its just been an accumulation of all their massive **** ups coming home to roost. The Ukraine conflict has been the final straw which has brutally exposed their mismanagement.

Next election will come, Labour will win. Conservatives will have a field day from day one because they are simply a far more effective party at manipulating people and controlling the narrative. We will have a term, perhaps 2 of labour and then back to the conservatives.

Labour needs to get a backbone and actually hurt the conservatives rather than watching as they slowly strangle themselves whilst wrecking the country as they go.
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Need a 3rd party on the scene.
 
tlrBeta said:
In fairness...they had to reverse the 45% cuts.

Why they did it in the first place and it got past a lot of people saying..."Yes"... that I have no idea.
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Did they, it's small beer really?

It’s a tricky one, my understanding of what they were trying to do was make the UK look more attractive to the business and high execs etc with the zones and tax reduction as the problem we have is high employment and a lot of unfilled job positions, sounds like a great problem to have but you can only get more out of existing by raising taxes when what you need is more resources (employees) paying in.

Lowering taxes to make us look more competitive to outside business and higher rate earners from elsewhere is an attempt to foster more external investment, more high quality resources, a few hundred of these is worth more to the economy than a few thousand lower quality resources.

UK are not alone in this quest, France for example implements a special tax scenarios to attract high earners specifically coming in from the UK with tax breaks for 8 years and a low flat rate with exclusion for their wealth tax.

Governments don’t really care about what we already have apart from keeping it and stemming its migration to other economies, as it’s maxed out and you’re mostly stuck at the lower end, Brexit saw to that :D It needs new money and the easiest way to do that is to rob another countries with incentives, of course the better approach would be to upskill what we have and be more productive here but that's a slow process.
 
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Its nice to see politicians actually being pushed for once on TV/Radio. They usually just let them say whatever they want without any push back.
 
Doobedoo said:
It is a win for ordinary people that will be facing hardship regardless, while those that won’t would have been getting a nice backhander.
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It really isn't, unfunded tax cuts are not sustainable, so the rest of the 43bn will have to be funded and they are going to do that via austerity which harms ordinary people the most.
 
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