The Labour Party

Mike D said:
The IFS are not the oracle and are not always right with what they say? Makes you wonder why when taxes were cut why firms are still sitting on huge cash piles ? Please tell me you haven't copied and pasted the rest from the tory website set up for Labour manifesto because the rest smells like bullshit to me I mean a stock market crash and 20% off pension are you smoking crack or something the rest is just absurd?
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You think? And you're calling me a bullshit merchant?
What do you think private pension and assurance funds get the majority of their fund values from?
 
BlueAnorak said:
You think? And you're calling me a bullshit merchant?
What do you think private pension and assurance funds get the majority of their fund values from?
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Less of the dramatics but ask yourself this who is predicting this Armagedon when respected economist like Ann Pettifor are saying the opposite going so far as to say this is just what the country needs?

What do you think pension managers do put all there funds in one company or spread them around in different companies so that they have balanced portfolio?

Corporation tax levels even at 26% is lower than France, Germany and Spain ?

Here's a more balanced view of the corporation tax rates https://www.theguardian.com/politic...s-lower-wages-and-raise-prices-john-mcdonnell
 
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Mike D said:
I think that you will also find gaps in people not wanting to vote. Some died in the wool voters from both sides are horrified by both leaders and not willing to vote Lib Dem's or Brexit either and that is precisely why I see this as being a hung parliament. Brexit party shot itself in the foot doing a deal with Johnson and Swinson is very self confident but no charisma what so ever (and both are losing votes).
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You can put me in that bracket. I won't be bothering to vote as it stands.

You might disagree but I find Labour far too excessive and much of their leadership questionable. I also cannot stand what this Tory party has become. I don't believe we should overturn Brexit and that leaves me with nothing.

The one person who I think has called it right is Farage on the prospect of a low turnout.

To be honest a low turnout would be a great protest but chances are they couldn't give a toss.
 
BlueAnorak said:
As the IFS says the impact on the UK will be not just on the top 5% of earners. Do you think business will sit back and pay 7% more corperation tax? Tax reduction will be top of every companies action list. Jobs will be lost and investment decisions (put off till we know what sort of Brexit we will have) will be put off iindefinately. The oil and gas tax raid will make North sea investment untenable that's 120,000 jobs on the line BTW). 5-10% fall in private pension plans due to telecom nationalisation(s) at rates specified. 20% off private pensions due to stock market crash. Initial capital flight from the UK elsewhere will be 300bn as soon as a Labour victory becomes clear. Maybe double/treble that within a week. Tax income from the City will fall dramatically.
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Tax reduction is always at the top of every companies wish list.
 
Mike D said:
Less of the dramatics but ask yourself this who is predicting this Armagedon when respected economist like Ann Pettifor are saying the opposite going so far as to say this is just what the country needs?

What do you think pension managers do put all there funds in one company or spread them around in different companies so that they have balanced portfolio?

Corporation tax levels even at 26% is lower than France, Germany and Spain ?

Here's a more balanced view of the corporation tax rates https://www.theguardian.com/politic...s-lower-wages-and-raise-prices-john-mcdonnell
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The Guardian is balanced? Wow.
 
Mike D said:
Lets be honest its looking like a hung parliament and depending on how the numbers fall then Labour would form a coalition with the SNP being the preferred option. Lib Dems are haemorrhaging votes with a leader who is bat shit crazy with all the charisma of a wet smelly sock.
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I have to say, it's like she's forgotten everything that happened before when she was in the coalition.

Almost like she's thought she's used a MiB flashlight on the nation!
 
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cjn said:
As an American and casual observer of UK politics I'm generally confused by the Labour party and pretty amazed how (it seems) they won't win this election. The Tories appear to be wildly incompetent, unpopular, and have mismanaged Brexit on practically every level yet all I read about is how Corbyn can never win and allegations of antisemitism. How did this happen? Have any of you guys read anything recently that could bring me up to speed? I really can't believe how even after everything that's happened since 2016 that Boris Johnson will likely continue as PM.
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To be fair mate anyone who voted in a country that elected Trump should not even be talking about politics.
 
cjn said:
As an American and casual observer of UK politics I'm generally confused by the Labour party and pretty amazed how (it seems) they won't win this election. The Tories appear to be wildly incompetent, unpopular, and have mismanaged Brexit on practically every level yet all I read about is how Corbyn can never win and allegations of antisemitism. How did this happen? Have any of you guys read anything recently that could bring me up to speed? I really can't believe how even after everything that's happened since 2016 that Boris Johnson will likely continue as PM.
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I think is interesting as a point.

It does look chaotic from Labour and it's a feeding frenzy in the media. The problem is you'd have to know where to start.

Corbyn has been in politics for almost 40 years. He's been an avid fighter against injustice, racism and the underdogs pretty all his political life.

He's been anti-war in all aspects and wants to get people/ factions to the table.

He has fought for people before business all that time and has constantly bucked the trend of the establishment.

The media has always had it in for him.

Bernie Sanders can almost be him.
 
Question for Labour supporters: do you think Corbyn will stand down as leader of the Party tomorrow if there’s a Conservative majority?

Not asking whether you want him to (although obviously feel free to share that too) but rather do you think he will?
 
Jacob Smith said:
Question for Labour supporters: do you think Corbyn will stand down as leader of the Party tomorrow if there’s a Conservative majority?

Not asking whether you want him to (although obviously feel free to share that too) but rather do you think he will?
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Maybe not right away but yes he will have to go. You can’t lose two elections in a row and expect to continue and I’m sure he’ll realise that.
 
Jacob Smith said:
Question for Labour supporters: do you think Corbyn will stand down as leader of the Party tomorrow if there’s a Conservative majority?

Not asking whether you want him to (although obviously feel free to share that too) but rather do you think he will?
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McDonnell has confirmed Corbyn will.

I’m not a Labour supporter though.
 
Hesperus said:
Maybe not right away but yes he will have to go. You can’t lose two elections in a row and expect to continue and I’m sure he’ll realise that.
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It'll be interesting to see if labour remains an actual left wing party post corbyn, or swings back to the 'centre' so chukka, Tom Watson and co feel they can return and further their careers.
 
he just has to go along with McDonnell.

Raynor for me is next leader but she must step away from Momentum and back to the centre left, responsible politics that the country can trust and elect.
 
Mazzarelli's Swiss Cheese said:
It'll be interesting to see if labour remains an actual left wing party post corbyn, or swings back to the 'centre' so chukka, Tom Watson and co feel they can return and further their careers.
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It’ll all depend on the power brokers in Labour, the Len McCluskys et al. I think it will stay predominantly left rather than moving back to centre, but not as left as Corbyn. If the party keeps getting described as Marxist I can’t see its popularity rising.
 
Saddens me to say but the Labour party is broken. Never to resurface. They (corbyn and his militia) have failed the working people of this country. They will all sit smugly after the election and congratulate themselves on "sticking to their principles". Meanwhile a failure to dislodge May and then Johnson is testament to their inneptness. Meanwhile the country heads towards 14 years of Tory miss-rule and the social divisions get worse. Well done JC and all who supported him. I spit on your legacy. #wedeservebetter
 
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Hart of the Matter said:
Saddens me to say but the Labour party is broken. Never to resurface. They (corbyn and his militia have failed the working people of this country. They will all sit smugly after the election and congratulate themselves on "sticking to their principles". Meanwhile a failure to dislodge May and then Johnson is testament to their inneptness. Meanwhile the country heads towards 14 years of Tory miss-rule and the social divisions get worse. Well done JC and all who supported him. I spit on your legacy. #wedeservebetter
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Despite all the venom you hear from the far left & the far right (they do shout loudest), the majority in this country are firmly center ground in their political views. This is what the current Labour leadership seem to have not grasped.
 
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