Westminster Politics

Ex school teacher, actual moron and MP since 2019 Jonathon Gullis is now worth £3-5m apparently.
I've wanted to create some form of net wealth tracker for MPs, ideally if their net wealth increases by a few percentage points above inflation per year then it triggers a by-election.
 

ooh-youre-hard.gif
 
On the day when we’re getting combined temps of over 30’C combined with thunderstorms and flash flooding, Suella Braverman decides to have a go at Caroline Lucas for ‘doom mongering’ as a Green MP.

…oh and she yet again refused to correct the record about the asylum backlog and the deputy Speaker had no issue with it.

fecking pathetic!
 
Can anyone explain to me why inflation increases because people are paid more?

Is it businesses increasing their prices to increase their margins?
 
Can anyone explain to me why inflation increases because people are paid more?

Is it businesses increasing their prices to increase their margins?

Well there's 2 sides to it I suppose. 1. Business' labour costs go up so to maintain their margins their prices will go up. 2. People have more disposable income so there is more demand and if the supply doesn't increase accordingly then prices go up.

The theory is fine but in reality this inflation isn't caused by people's income leading to excessive business costs or excessive demand, it's caused by Brexit costs to business, the effect of the pandemic on the supply of goods, wasteful government spending and fiscal policy as well as some misguided central bank policy during the pandemic, profiteering by oil and energy companies, and political disputes between the West, Russia and China.

So effectively they're saying "well we're not letting the mega rich suck up the cost of all this poor policy and unfortunate global circumstances, you're going to have to suck it up normies and to hell with whether the economy ever grows again, real terms pay cuts and tax rises all round".
 

People forget she actually changed her occupation on Companies House and employed a talent agency when she went on I'm a Celeb to "broadcaster/entertainer" while still taking an MP's salary. She's a scumbag and a huckster, who sold her self-respect and dignity lying and protecting the wrongdoings of this Gov, which she thought she would get a gong for.
 
Well there's 2 sides to it I suppose. 1. Business' labour costs go up so to maintain their margins their prices will go up. 2. People have more disposable income so there is more demand and if the supply doesn't increase accordingly then prices go up.

The theory is fine but in reality this inflation isn't caused by people's income leading to excessive business costs or excessive demand, it's caused by Brexit costs to business, the effect of the pandemic on the supply of goods, wasteful government spending and fiscal policy as well as some misguided central bank policy during the pandemic, profiteering by oil and energy companies, and political disputes between the West, Russia and China.

So effectively they're saying "well we're not letting the mega rich suck up the cost of all this poor policy and unfortunate global circumstances, you're going to have to suck it up normies and to hell with whether the economy ever grows again, real terms pay cuts and tax rises all round".
Increased corporate profits drive up inflation and have done for this latest spike.
 
Increased corporate profits drive up inflation and have done for this latest spike.

Some corporate profits yes but not others. Obviously oil companies are creaming it in, some supermarkets too, but the likes of John Lewis and Waitrose seem to be struggling for example, and it seems to be a bit of a mixed picture with the badly regulated domestic energy suppliers. I do agree it's a bullshit line of argument though, they basically don't mention anything they could have much control over other than wages and domestic disposable income which is clearly nonsense when the oil companies are still getting spectacular profits. Energy is clearly one of the biggest drivers of inflation, as is red tape from Brexit.
 
Something that is literally happening now is a vision of Keir’s Britain.
 
I reckon she’s going to go back on resigning after missing out on the house of lords


She’s a grifter. She’s just waiting to see what Sunak promises her. The last thing he wants is another by-election.
 
I reckon she’s going to go back on resigning after missing out on the house of lords



Only 2 MP's can resign at a time.
She has to wait for BJ to resign as 'Steward and Bailiff of the Three Hundreds of Chiltern' first.

The memories:
"Theresa May’s Brexit deal has been slammed by arch-leave MP Nadine Dorries – because it means the UK will be left without any Members of the European Parliament."
 
Some corporate profits yes but not others. Obviously oil companies are creaming it in, some supermarkets too, but the likes of John Lewis and Waitrose seem to be struggling for example, and it seems to be a bit of a mixed picture with the badly regulated domestic energy suppliers. I do agree it's a bullshit line of argument though, they basically don't mention anything they could have much control over other than wages and domestic disposable income which is clearly nonsense when the oil companies are still getting spectacular profits. Energy is clearly one of the biggest drivers of inflation, as is red tape from Brexit.
Absolutely.

Those examples of business which are struggling are not the main drivers for inflation. Those with ridiculous corporate profit like the energy companies are.
 
I find this rhetorical gimmick particularly infuriating. It's stunning how stupid they think their "readers" are.

Quite honestly anyone who actually pays for a so called newspaper, which in point of fact has little to do with actual news must have more money than sense. Especially the dreadful DM.
 

My fixed rate ends next year. I am fortunate that we have been over paying for a while so the new rate will probably lead to a monthly payment around the same level as our current DD. But I feel for those who are just about managing.