Westminster Politics 2024-2029

Just a little extra sidenote on the clothes for access and why it matters. If rich people are able to decide who gets to be a candidate for office, they control election outcomes, and democracy has no tangible meaning at all.

 
Just a little extra sidenote on the clothes for access and why it matters. If rich people are able to decide who gets to be a candidate for office, they control election outcomes, and democracy has no tangible meaning at all.


So good to know the media are piling in on the death of democracy (if that's true then it does, absolutely, need investigating) and not at all about this...
(the hastags are cringey AF but that's not the point of the tweet)

 
Just a little extra sidenote on the clothes for access and why it matters. If rich people are able to decide who gets to be a candidate for office, they control election outcomes, and democracy has no tangible meaning at all.


 
How on earth can someone forecast 50 years of public debt.

I remember reading 2005 gdp predictions and they were all hilariously off.
To be fair to the authors, they based this off predictions and trends and mentioned that in the report (e.g. if the population ages and trade falls etc, then this could happen)
 
Yep, makes perfect sense.

The national debt – the sum total of every deficit – rose by 4.3 percentage points during the year to August to 100% of GDP

And your point is what exactly? What should it be?
 
And your point is what exactly? What should it be?
Well we've not been at that rate since the 1960,

Official figures show that borrowing - the difference between spending and tax revenue - reached £13.7bn last month, £3.3bn more than in August last year.

This is Labour borrowing, they say no austerity - which in turn means the worst is to come.
 
Japans national debt is almost 300% and it’s not a problem
Japan is tentatively emerging from a 30 year economic downspiral, so is hardly a model to emulate.
 
The worst thing is that this is only going to push more people towards Reform UK and that toerag Farage - who are absolutely not going to fix anything at all either and will make things even worse.
 
They are so, so bad at politics. Real politics, not the leaking bull to their journalist mates to stir shite.

That is the only skill most of these guys have.

WHich is why they are collapsing like a bad souffle now that those journalists are mildly pushing back on them.
 
Change!



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Well we've not been at that rate since the 1960,

Official figures show that borrowing - the difference between spending and tax revenue - reached £13.7bn last month, £3.3bn more than in August last year.

This is Labour borrowing, they say no austerity - which in turn means the worst is to come.

It's the borrowing the Tories did which makes up that figure. Feck all to do with Labour. The figure well might increase but the current debt level is all on the Tories.

Anyway, due to the severe lack of investment in infrastructure, services and the general needs of the country in the past 15 years, we need to spend a feck ton of money to fix it. If we don't fix it, we're never going to achieve the productivity necessary to achieve a surplus, assuming that is the goal of whoever is bemoaning the debt levels. Chasing a surplus is a stupid goal anyway and counterproductive for a government working towards the benefit of it's citizens.
 
They are so, so bad at politics. Real politics, not the leaking bull to their journalist mates to stir shite.

That is the only skill most of these guys have.

WHich is why they are collapsing like a bad souffle now that those journalists are mildly pushing back on them.
Yep. I would do it again doesn’t seem to be the smartest line.



They also think declaring it somehow means it isn’t bad.
 
Yep. I would do it again doesn’t seem to be the smartest line.



They also think declaring it somehow means it isn’t bad.


The disconnect of not understanding why an MP might be offered a "perk" and failing to see the message it sends is amazing.
 
I fecking hate Streeting.
He is the worse one by some distance. Right wingers who grew up working class tend to be some of the most reactionary.

The disconnect of not understanding why an MP might be offered a "perk" and failing to see the message it sends is amazing.
Can almost see the journalists eyes light and as the labour mp’s genuinely don’t seem to understand how awful it looks.

Also the MP’s don’t understand the person giving the “perk” might be trying to influence them.
 

Assaulted and strangled. Fcuk all the way off.

Good on the lad for standing up to speak his truth. I’m with him. I’d be doing the same if I wasn’t ancient with a bulging disc in my neck.

But it’s hysterical to call that assault and strangulation. Fcuking childish. (Obvs it wasn’t you).
 
Japans national debt is almost 300% and it’s not a problem
For them, not necessarily for us. It's partly because of how they are able to finance it:

The Japanese govt is able to borrow super cheaply because they are able to keep interest rates super low and Japanese citizens tend to buy the bonds as well. So the costs of servicing that debt is relatively low. In the UK, we need to go to the markets and pay at or above the going rate, and work hard to maintain confidence (which Liz Truss did not).
 
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And here is why it all matters, again.


You're fecking kidding right :lol:

You really think they ditched a policy to increase the tax because they got a couple of tickets for Glasto :lol: :lol: :lol: :lol:

This was ditched over a year ago before they were even tipped for government and it was because it was seen as a tax on the US and could have instigated a trade war with them taxing British exports in retaliation.

https://www.thetimes.com/business-m...ig-tech-amid-fear-of-us-retaliation-j5xcm6j3v
 
The Universities 'situation' continues to bubble under the surface.

UK students fees still capped and the University I work for have just announced 2000 less international students than last year.

There is without a doubt some efficiencies that could be made across the sector, but I do wonder if we'll see some statements from some of the less financially secure Uni's over the coming few weeks.
 
You're fecking kidding right :lol:

You really think they ditched a policy to increase the tax because they got a couple of tickets for Glasto :lol: :lol: :lol: :lol:

This was ditched over a year ago before they were even tipped for government and it was because it was seen as a tax on the US and could have instigated a trade war with them taxing British exports in retaliation.

https://www.thetimes.com/business-m...ig-tech-amid-fear-of-us-retaliation-j5xcm6j3v
OK. Since clicking the link and reading it seems beyond you, they were talking about what hapenned last year.

"Take the case of Jonathan Reynolds, Labour’s (then shadow) business secretary. In June 2023, Reynolds and two senior staff went to Glastonbury as guests of YouTube (which is owned by Google). Including accommodation and ‘hospitality’, Reynolds estimates his Glastonbury package for two was worth £3,377. Two regular tickets were £335 each.

Until then, Labour was promising to increase the digital service tax from 2% to 10%, which would bring in billions from giants like Google and Facebook. Literally the day after the festival, it emerged that Reynolds had ditched the policy. Voters would have to accept austerity instead"

I wonder who gave them the idea it would instigate a trade war?