What part of my post are you struggling to understand?
Keir Starmer Labour Leader
- Thread starter Damien
- Start date
The bit where you're still parroting a line, even long after a certain former Tory chancellor has admitted it was absolute bollocks.
Yes. Do you still believe we have access to a magic money tree?
Oh so now you want to believe the Tories.
This after Corybn refused to explain where the £50b would come from for the WASPI women pledge that wasn't even in his manifesto.
Oh so now you want to believe the Tories.
This after Corybn refused to explain where the £50b would come from for the WASPI women pledge that wasn't even in his manifesto.
£65bn wasn’t it? That interview with Neill was excruciating.
I dunno. We don't know what the impact of all this is going to be yet, on growth, taxes, inflation etc. Also, much of this spending isn't cash spending, it's the govt buying assets (which will be sold later for a profit), or guaranteeing loans, again which one would expect to be repaid when times are better. Not all though, clearly there's going to be a massive hole in the budget for the forseeable. Hard to see how that's not going to have an impact on tax, borrowing and spending for the next decade or more, especially when every other economy is also going to be in the same boat.
Taxes are going to have to go up after this, and I think they will realistically have to go up on everyone.
Forgive me, I assumed you had vaguely been following the news since the corona thing kicked off. Rishi Sunak announced I think it was £330bn in government backed loans to businesses (through private banks that demanded private collateral and extortionate interest rates from company directors anyway), and the Bank of England more or less simultaneously announced £200bn worth of quantitative easing. It's pretty recent, I'd suggest you Google it.
Then there's the furlough scheme, grants to small businesses, business rates holidays, increased demand for Universal Credit etc etc. The government seems to be able to afford it, shockingly enough given how necessary the austerity cuts were.
Sorry £65b. You're right. But what's £15b anyway? We shouldn't forget the ridiculous sums needed for free broadband either. After the resounding success Australia has had with nationalising their broadband, why should we remain dubious?
Oh absolutely. It's unavoidable.
You're right, they'll try to load it on to ordinary people again like they did in 2008. It's a question of how much ordinary people are willing and able to shoulder the burden. Taxes on companies and the rich will have to go up at some point or else they'll have to give the debts "haircuts" or inflate them away.
Way to a avoid qualifying it. A Corbynite, through and through.
I'll just go back to my original point
No need to get arsy, try reading posts and replying to what they say not what you think someone means because they'd didn't post an instant 100% agreement with your opinion.
Tax. Did I say anything (positive or negative) about it? I meant I deliberately didn't bold it because I think it's probably a good idea.
Hope that's ok.
Don't agree.
Even John McDonald said that the election manifesto was the most radical for a generation.
And in Labour speak, radical means left wing.
They may have been somewhat popular with left leaning people.
But that is my point.
Such voters are not in the majority.
If they were, when was the last left left wing government ?
Financial services taxes of one sort or another. Wealth taxes will have to be looked at. Capital gains. I'm sure there are options. Income taxes, even on the top 1% or 0.1% just won't give you as much as everyone thinks. All those people hoping their inflated home equity gains is going to be funding a luxury retirement.... I wouldn't count on it.
Forgive me, I was expecting you to understand that Coronavirus wasn't a planned event. So let's say Labour get in power, spend the hundreds of billions they planned to spend, and then we are hit with a global crisis. Wouldn't that be fun?
It was literally a Tory attack line, before you decided to adopt it after they'd admitted it was bollocks.Oh so now you want to believe the Tories.
Are you under the impression I'm a Tory?
Way to a avoid qualifying it. A Corbynite, through and through.
Oh God! You really haven't watched the news lately.
Anyways, good luck to the Starmer people in trying to win over this lot.
Apologies, I misread your post because you wrote "hold" instead of "bold" and my brain went on a tangent. Yes, you're right, there are almost certainly better ways of determining the popularity of a policy, I just haven't seen anyone doing it so I provided the evidence I found first. I am pretty sure (anecdotally) that those policies are fairly widely popular, even amongst a lot of conservative voters.
You must be, right? Like I'm a huge Burgon fan because I supported Labour.
Oh God! You really haven't watched the news lately.
Anyways, good luck to the Starmer people in trying to win over this lot.
Oh God! You really do believe it's an infinite pot of money with no repercussions. Imagine trying to deal with a global crisis after Corbyn has buried us in debt. You might need to plant some more money trees.Of course.
On the other hand, arguably this torpedoes, or at least massively complicates the Tory's plans to spend money to "level up" their new northern constituencies (whatever that means). There is definitely a huge opportunity for Labour in this, if they can keep a lid on their loonier element.
Fair enough and apologies for my phone's autocorrect.
Regardless of people and policies in any party, I want good challenge and opposition. I don't vote for a party regardless, I decide each time depending on lots of variables.
And that is basically my point. "Hard left" in a country where the politics has been heavily right wing (economically) for 40 years is not actually hard left. It's very much centre left.
For example, doesn't South Korea have nationalised broadband? They are traditionally a very right wing country (economically) and yet nobody seems to have a problem with it there. I think they also have heating oil subsidies and all kinds of other Venezuela-sounding schemes to the British ear. Doesn't mean they're not operating pretty unrestricted free market rules for the most part though.
Just because something has become normal in a certain society, doesn't make it objectively normal.
Debt rose from 65% of GDP in May 2010 to a peak of 86% in September 2017, before falling back to 83% as of March 2019.
I don’t believe Corbyn was in power from May 2010 to March 2019, perhaps you could tell us who was?
The Tory's were, and they were doing a really shit job.
Are you feeling alright ?
Are you Corbyns illegitimate son?
money printer can only go brrr after the fact
So you're not feeling alright then. kl.
Lockdown does get to us all at some point, I guess.
So you're not denying it then? Cool.
if the last labour government hadn't buried us in debt doctors would have adequate ppe right now
This current is shit, therefore the alternative MUST be great!
they're not shit, sir, they're still cleaning up Clement Atlees mess
Rumour has it that some of the money trees Atlee planted in the late 40's are now taller than most buildings in Britain.