The Conservative Party

The aspect of this shit show that should be of concern but hasn't really been recognised, is the Cabinet are probably feeling quite pleased with themselves at the moment. Everything is going according to plan, and there won't be a U-turn anytime soon.

The ERG puppets are in the Cabinet now, and a sympathetic PM and Chancellor are now well on course for collapsing public finances. It's what they want.

I was out having a walk today, and as I thought about the ideologies of the ERG in various papers I had read over the years, plus the thoughts of the contributers to the book 'Britannia Unchained', it hit me like a brick that what they want is actually happening.

I've worked hard all my life, saved up a bit of money for my retirement, and those twats, that think I'm a lazy sod, want to crush me and every other person like me for their ideological idiocy.

I'm angry. Not just pissed off, but angry, about what is happening at the moment.
Some will take a while to get where you are now, but it will come and it won’t be a good day.

What‘s worse is that there won’t be anywhere to turn, it’s all being dismantled/destroyed.
 
Everyone with a private pension should, today, be thanking God the Bank of England stepped in yesterday.
Strangely, this was already known when Truss/Kwarteng decided on this secret/hurried change of economic policy.

As they say, this was planned and they knew the BoE would have to bail them out.

They‘re laughing at the country and that ‘Trickle Down’ economy is them pissing down our backs.
 
So, now they’ve failed to place windfall taxes on the profiteering energy giants and cut income from those with the broadest shoulders, we await for the fall-out of how far back services will be cut, just at a time when funds are seriously needed.

Who will step-in to fund the gap, is this the point where private company’s not only get a foothold within our public services, but actually takeover them?
 
So, now they’ve failed to place windfall taxes on the profiteering energy giants and cut income from those with the broadest shoulders, we await for the fall-out of how far back services will be cut, just at a time when funds are seriously needed.

Who will step-in to fund the gap, is this the point where private company’s not only get a foothold within our public services, but actually takeover them?
this has been the end game for years, we're finally seeing it being put into play. swathes of privatisation for a broke country.
 
A windfall tax on energy companies and increases in personal tax at the 2 higher levels and the people who need help the most would be better off. Unfortunately this is not the agenda for this charlatan govt.
 
Cuts in all government departments to put a sticking plaster over the monumental damage the 'mini' budget did because of Truss and Kwasimodo's hard line dogma? The NHS is on the bones of its arse, education spending per pupil is lower than it was 10 years ago and Truss having promised an increase in previously depleted defence spending during her leadership campiagn. There's nothing left to cut.
 
When Truss finally emerges from occultation today and simply parrots the line that the budgetary measures are necessary to stimulate growth, if I was interviewing her I would ask her to cite one, just one instance of tax-cutting, supply-side measures producing this effect.

I would also inform her that there is evidence that inequality of the sort that already afflicts the UK hampers economic growth, whereas a moderate amount of redistribution does not have a negative impact on such growth.

Here is a link to one of the relevant studies.


There are others.

From the conclusion:

'It would still be a mistake to focus on growth and let inequality take care of itself, not only because inequality may be ethically undesirable but also because the resulting growth may be low and unsustainable. And second, there is surprisingly little evidence for the growth-destroying effects of fiscal redistribution at a macroeconomic level...for non-extreme redistributions, there is no evidence of any adverse direct effect.'
 

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