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The Budget


steve_b_wales
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3 hours ago, Mungler said:

. Problem is, right now, the Conservative badge is toxic for so many - reform are more likely to capture disappointed Labour voters. 

 

I really don't think that's a problem. I believe it's a very good thing. The Conservatives can't be trusted. If some of their MPs want to move across to reform I'd vote for them, depending who they are (JRM, Suella Braveman ect). But I'll not be voting for the Conservatives in the short to medium future, they'd have to prove they'd changed and not more smoke and mirrors. The UK needs reform, at the moment they're are only hope of injecting some common sense and decency back into the UKs politics and our way of life. 

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Rachel Reeves is said to be 'disappointed'.

Why?  It is exactly what she set up by raising the costs of employment.  It all seems to be going true to form, and we have been assured they have made a 'really good start'.

I'm amazed how quickly they have ruined what promised to be the beginnings of a bit of an slow up turn and turned it into what looks like a spiral of rising inflation, rising taxation and rising unemployment so quickly.  Rayner's plan to build 1.5M 'homes' suddenly and quickly will cause massive inflation in the building sector - but I can't see any plans for new infastructure, sewage works, reservoirs, power stations, transport etc to meet the needs of all these extra houses - and employment is in decline, so many of the houses (if they are ever built) will go to people living off the taxpayer (again).

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3 minutes ago, JohnfromUK said:

I'm amazed how quickly they have ruined what promised to be the beginnings of a bit of an slow up turn and turned it into what looks like a spiral of rising inflation, rising taxation and rising unemployment so quickly.  Rayner's plan to build 1.5M 'homes' suddenly and quickly will cause massive inflation in the building sector - but I can't see any plans for new infastructure, sewage works, reservoirs, power stations, transport etc to meet the needs of all these extra houses - and employment is in decline, so many of the houses (if they are ever built) will go to people living off the taxpayer (again).

That is EXACTLY what they want loads of Labour voters tied in to THEIR system.

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2 hours ago, johnphilip said:

Found this letter interesting. May have to tap on it if the writing is small.

Screenshot_20241213_091821_Samsung Notes.jpg

While I get some of the points raised in all of that, some of but particularly the largest Businesses have taken the mickey out of the population over the last couple of decades. They have exploited the poor policys made by the Conservatives and instead of training UK workers for skilled jobs, have imported foreign workers. Also under paying their low skilled workers by importing workers from abroad, ultimately it has led to less jobs and higher unemployment for the UK population, suppression of wages and much lower living standards for all but the very wealthy. A good gauge is to look across the pond, wealth per capita before 2008 was largely the same as us. The uk working class has fallen so far behind an average US worker is now 20k per year every year better off than their British counterparts. All that said, the way to lift living standards, is not to make business poorer. 

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Inflation up : check 

All we need is interest rates to go up and I get to call ‘house’ having predicted flatlining economy, record low business confidence, worst Xmas on record, economy in recession (I thought end of Q1 next year but we’ve already entered technical recession) and now increase in inflation.

If we get a jump in unemployment we’re in real trouble. And we’re not even a year in.
 

IMG_9082.jpeg

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38 minutes ago, Mungler said:

Inflation up : check 

All we need is interest rates to go up and I get to call ‘house’ having predicted flatlining economy, record low business confidence, worst Xmas on record, economy in recession (I thought end of Q1 next year but we’ve already entered technical recession) and now increase in inflation.

If we get a jump in unemployment we’re in real trouble. And we’re not even a year in.
 

And it seems that one of the main architects behind the start of this (Sue Gray) is about to get a seat in the permanent gravy train that is the Lords where she will sit as a Labour peer.

https://www.dailymail.co.uk/news/article-14203915/Keir-Starmer-cronyism-Labour-Sue-Gray.html

Meanwhile, the WASPI pensioners`who were wooed by Starmer and Co having their 'full support' have now been told 'no chance', we are in power now and any support we gave you to get your votes has long evaporated no we have our majority Gov't.

Anyone who expected a good outcome from any Labour Gov't lives in cloud cuckoo land, but even I never expected them to wreck things so quickly and be so blatantly dishonest about honouring their election promises.

Edited by JohnfromUK
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I think Labour just recognise that anyone over 60 is less likely to vote for them and will be dead sooner i.e. no future memory of mistreatment under labour. Pretty ruthless and cynical. That has to be the only reason to cut the pensioner heating allowance and screw over the WASPI pensioners.

I still can’t get my head round that and sending £500m to Ukrainian farmers and £50m to the new Syrian regime.

Well, it’s Labour - never been good with the economy or tax payer money. And with that I still blame the conservatives for putting the country in this position. 

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5 hours ago, Mungler said:

I think Labour just recognise that anyone over 60 is less likely to vote for them and will be dead sooner i.e. no future memory of mistreatment under labour. Pretty ruthless and cynical. That has to be the only reason to cut the pensioner heating allowance and screw over the WASPI pensioners.

 

That's an awful way to look at it. Unfortunately,  it's probably bang on the money.

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