The Conservative Party

Sam Coates Sky news - are you happy with the BoE doing whatever it takes even if it results in recession

Hunt Chancellor and **** - yes because I am a millionaire and I face no consequences for me

yes I paraphrase but.....

news.sky.com

Chancellor comfortable with recession if it brings down inflation

The Chancellor said that he would fully support the Bank of England raising interest rates higher, potentially towards 5.5%, as it battled higher-than-expected prices.
news.sky.com news.sky.com
 
Is increasing interest rates really the best thing to do to bring down inflation? The theory surely is to reduce spending and suppress demand, but demand is already suppressed by the cost of living (inflation) that's nothing to do with an unsustainable boom.
 
Vic said:
Is increasing interest rates really the best thing to do to bring down inflation? The theory surely is to reduce spending and suppress demand, but demand is already suppressed by the cost of living (inflation) that's nothing to do with an unsustainable boom.
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Demand is still there Vic, its all being lumped on credit cards for many and thats the next car crash waiting round the corner for millions.
 
Vic said:
Is increasing interest rates really the best thing to do to bring down inflation? The theory surely is to reduce spending and suppress demand, but demand is already suppressed by the cost of living (inflation) that's nothing to do with an unsustainable boom.
Click to expand...
Tory plan is to get a six month period where things are steady lined up for before the next election. It's only after that interest rates will start kicking in for most people with mortgages. It will be a profound shock. It'll go downstream for people in rented accomodation. Only then we'll really discover the true cost of this approach.
 
Some of them think they will remain untouchable forever - they need to take a look at Johnson - once the layers of cover peel away your indiscretions come back to haunt yo - a Labour win at the next GE and thanks to MP's like Andy MacDonald and coverups will be rapidly exposed

 
bluethrunthru said:
Some of them think they will remain untouchable forever - they need to take a look at Johnson - once the layers of cover peel away your indiscretions come back to haunt yo - a Labour win at the next GE and thanks to MP's like Andy MacDonald and coverups will be rapidly exposed

Click to expand...

I stop myself from saying this usually but she is one hell of a fat ****.
 
I employ a similar tactic - no wait my mistake I have not been caught speeding and have no points on my license - thats how I do it - the one speeding conviction I got in 1996 I just paid the fine took the points and declared it to my employers insurers

www.tomorrowspapers.co.uk

Independent on Sunday Front Page 28th of May 2023 - Tomorrow's Papers Today!

Three Tory MPs have expensed driving fines, discloses The Independent.
www.tomorrowspapers.co.uk www.tomorrowspapers.co.uk
 
johnnytapia said:
They’re not.
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I thought that but the more you see other than that top one possibly five percent nobody is better off nobody think things are getting better and more importantly seems no-one can see things getting better under this lot - people are becoming desperate from mortgage holders and renters to working families on benefits - I can actually see them being decimated at the next election.

To put that into context they had an 80 seat majority but for starters with losses on all sides etc its probably somewhere in the low 70's now but I can see Labour with say a 20 seat working majority and a rejuvenated LD Party plus Greens doing them massive harm - the Tory Johnson cult cannot see the toxicity he brought to the table.
 
bluethrunthru said:
I employ a similar tactic - no wait my mistake I have not been caught speeding and have no points on my license - thats how I do it - the one speeding conviction I got in 1996 I just paid the fine took the points and declared it to my employers insurers

www.tomorrowspapers.co.uk

Independent on Sunday Front Page 28th of May 2023 - Tomorrow's Papers Today!

Three Tory MPs have expensed driving fines, discloses The Independent.
www.tomorrowspapers.co.uk www.tomorrowspapers.co.uk
Click to expand...



Ahem ....... hate to say I told you so...... but as sure as night follows day.
 
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