|
Post by threehundred on Sept 23, 2022 9:47:47 GMT
Good morning from a grey and gloomy Putney, where my mood matches the weather.
I can’t believe what I’m seeing announced this morning. Not only the ridiculous cut to the basic rate of income tax, but the higher rate is to be scrapped entirely. We are in the midst of a massive cost of living crisis and this government’s priority is to put huge amounts of cash into the pockets of those who need it least. What the absolute feck is going on here??
As a nation, we endured years of Tory austerity, which we were told would ease the deficit. The result was slashed public spending, scythed welfare payments and destruction of public services. Now we find that the beneficiaries of that hardship are the elite. Balancing the books has been thrown out of the window.
Where is the money coming from to plug the hole that will result from these tax cuts?
in my household, we get paid, take funds for bills, food, petrol and some treats (yes, we are lucky!) and save the rest. That is a budget!
Trickle down economics is a fallacy. The disparity between rich and poor in this country will grow and grow under continued Tory misrule.
I frankly despair.
|
|
|
Post by spot51 on Sept 23, 2022 9:52:37 GMT
Where is today's Guy Fawkes when you need them?
|
|
|
Post by saintsfan73 on Sept 23, 2022 10:01:27 GMT
Any sort of book balancing went out of the window with COVID I think. The billions needed to fund furlough, etc could never be afforded so the govt just printed more money and hey presto inflation and a weak pound.
|
|
|
Post by Sir B3na1i on Sept 23, 2022 10:12:51 GMT
Any sort of book balancing went out of the window with COVID I think. The billions needed to fund furlough, etc could never be afforded so the govt just printed more money and hey presto inflation and a weak pound. But other countries locked down too. It's almost as if we have another economic sanction that we forced on ourselves that's making it worse for us
|
|
|
Post by saintsfan73 on Sept 23, 2022 10:16:21 GMT
Any sort of book balancing went out of the window with COVID I think. The billions needed to fund furlough, etc could never be afforded so the govt just printed more money and hey presto inflation and a weak pound. But other countries locked down too. It's almost as if we have another economic sanction that we forced on ourselves that's making it worse for us Did all other countries pay the majority of their workforce 80% of their wages to stay at home?
|
|
|
Post by Mandochris on Sept 23, 2022 10:21:59 GMT
Trickle down economics has never been seen or proven to work. The more the people at the top get, the more they will either buy bigger boats or hide it away in offshore accounts. Trickle up economics, on the other hand. If you give more money to the lowest paid, they will spend it and it will go back into the economy, raising the tide for everyone. Truss and Kwarteng (and that c*n* Rees Mogg) are dangerous. In spite of every credible expert telling them they are wrong, they are convinced they are right and will blunder on. Fortunately, they do not have enough bank bench support and they will be stopped before they get too far down their various routes to desctruction.
(What's the difference between a train and a Tory c*n*? The train stops when it goes off the rails).
|
|
|
Post by Sir B3na1i on Sept 23, 2022 10:25:38 GMT
But other countries locked down too. It's almost as if we have another economic sanction that we forced on ourselves that's making it worse for us Did all other countries pay the majority of their workforce 80% of their wages to stay at home? I mean it wasn't anything like the majority, but yes most comparable countries had similar schemes in place... I really still can't work out what it is that's different about the UK
|
|
|
Post by Sir B3na1i on Sept 23, 2022 10:30:45 GMT
Trickle down economics has never been seen or proven to work. The more the people at the top get, the more they will either buy bigger boats or hide it away in offshore accounts. Trickle up economics, on the other hand. If you give more money to the lowest paid, they will spend it and it will go back into the economy, raising the tide for everyone. Truss and Kwarteng (and that c*n* Rees Mogg) are dangerous. In spite of every credible expert telling them they are wrong, they are convinced they are right and will blunder. Fortunately, they do not have enough bank bench support and they will be stopped before they get too far down their various routes to desctruction. (What's the difference between a train and a Tory c*n*? The train stops when it goes off the rails). I don't know if you did this at school but I remember when we had to pretend to be politicians and get the other kids to buy into our 'policies' and vote on them. Of course we went for things like Cherryade and Fanta from the hot and cold school taps, 10am start 2pm finish, 2 hour lunch break, morning lessons would be movies and afternoon would be extended football or netball... Of course all useless but played to a childish audience. It appears that the current batch of Tories in Govt did that lesson too, and then felt entirely prepared to govern! I long for the days of Theresa May FFS and she was a fecking disaster!
|
|
|
Post by saintsfan73 on Sept 23, 2022 10:31:50 GMT
Did all other countries pay the majority of their workforce 80% of their wages to stay at home? I mean it wasn't anything like the majority, but yes most comparable countries had similar schemes in place... I really still can't work out what it is that's different about the UK The UK spent getting on for half a Trillion on furlough so the effects of Covid and the War in Ukraine will dwarf all negative outcomes of leaving your beloved EU. (but feel free to keep cuddling your yellow starred pillow)
|
|
|
Post by Sir B3na1i on Sept 23, 2022 10:34:20 GMT
I mean it wasn't anything like the majority, but yes most comparable countries had similar schemes in place... I really still can't work out what it is that's different about the UK The UK spent getting on for half a Trillion on furlough so the effects of Covid and the War in Ukraine will dwarf all negative outcomes of leaving your beloved EU. (but feel free to keep cuddling your yellow starred pillow) It's almost like other countries didn't also spend similar amounts (per person) and aren't supporting the war in Ukraine... Guess what, they did and they are... What could it be?! And just to back that up - I've just checked Germany, France and the UK all had almost identical 'wage replacement' levels per person during covid
|
|
|
Post by spot51 on Sept 23, 2022 10:51:07 GMT
I mean it wasn't anything like the majority, but yes most comparable countries had similar schemes in place... I really still can't work out what it is that's different about the UK The UK spent getting on for half a Trillion on furlough so the effects of Covid and the War in Ukraine will dwarf all negative outcomes of leaving your beloved EU. (but feel free to keep cuddling your yellow starred pillow) That's right. Keep on with the Daily Heil bullshit. fecking ostrich!
|
|
|
Post by spot51 on Sept 23, 2022 10:55:02 GMT
On the day the occupied regions of Ukraine are holding "sham referendums" there are still halfwits that don't believe the UK fucked itself with the one it held in 2016.
|
|
|
Post by saintsfan73 on Sept 23, 2022 10:55:22 GMT
The UK spent getting on for half a Trillion on furlough so the effects of Covid and the War in Ukraine will dwarf all negative outcomes of leaving your beloved EU. (but feel free to keep cuddling your yellow starred pillow) It's almost like other countries didn't also spend similar amounts (per person) and aren't supporting the war in Ukraine... Guess what, they did and they are... What could it be?! And just to back that up - I've just checked Germany, France and the UK all had almost identical 'wage replacement' levels per person during covid Things don't seem to be too rosy with the cost of living around Europe and our government don't seem to be doing as good a job of managing the energy companies as other do but, hey if you think this more down to leaving the EU than the effects of COVID/Ukraine I'm not going to convince you to put down the pillow am I?
|
|
|
Post by Mandochris on Sept 23, 2022 10:56:18 GMT
The UK spent getting on for half a Trillion on furlough so the effects of Covid and the War in Ukraine will dwarf all negative outcomes of leaving your beloved EU. (but feel free to keep cuddling your yellow starred pillow) It's almost like other countries didn't also spend similar amounts (per person) and aren't supporting the war in Ukraine... Guess what, they did and they are... What could it be?! And just to back that up - I've just checked Germany, France and the UK all had almost identical 'wage replacement' levels per person during covid If memory serves France started before and finished after UK's scheme. I remember seething hearing the Tories make out like they were the only ones in the world doing this when they actually behind the curve.
|
|
|
Post by Sir B3na1i on Sept 23, 2022 10:56:30 GMT
Actual figure for furlough in the UK was 1 in 4 at some point during the pandemic so the likely reality is well under 20% throughout the pandemic. It's amazing how the papers can influence people's thinking isn't it - majority, ffs
|
|