The Labour Government

Mazzarelli's Swiss Cheese said:
How much of what is happening to the pound is due to what's happening here Vs what is happening across the Atlantic? For whatever reason the markets seem to have confidence in the US dollar.
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The US economy has all the same problems as the UK / European economies but it has growth and there is a belief Trump is going to bring even more growth. Any trade war is going to affect the European economies far more.
 
Stiff Little Wingers said:
It's just such a shame, and pretty unforgiveable that Reeves and Starmer have not gone back into the single market or at least closer to the EU to try to cater for the billions lost through Brexit. But I suppose the immigration watchers will set themselves over Fred movement, although Eurooeans tend to be white.
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The EU is as much in the shit as the UK, no growth, high debt, with the only difference being they are giving the impression of getting their debt under control. If the UK can avoid tariffs with the US (unlikely I fear but never say never) then the UK could be in a very advantageous position economically, the EU is going to be dragged in to a Trump trade war.
 
mosssideblue said:
Are the NHS reforms not a strategy for getting inactive people back to work?
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The problem this government has is it has too many priorities- the NHS is a great example of it in action - it has probably 7 or so stated priorities - waiting lists down, people back to work, mental health, preventative care, community care, social care, and digital off the top of my head. All noble plans but they need to pick one priority and deliver on that. Then move on to the next.

The treasury has a few, education as well etc etc etc.

Focus on a couple of key priorities for this term - say growth and getting waiting lists down - and then the world knows what this government stands for. At the moment they are a bit all over the place, trying to fix everything at once, and will end up unfocused and deliver nothing. Sometimes less is more.
 
metalblue said:
One thing you can’t say looking at those two pictures is she doesn’t care.

On the flip side it doesn’t instil confidence in the approach when your chancellor looks like she’s been on a week long bender.
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Robot Reeves is an ideologue when it comes to economics. She is indoctrinated in one school of economics and won't be brave enough to change it for fear of her own belief system being shattered.

Mind you I could say the same of many of us, Including myself are on this political forum.

The art of debate and reasoning is dying as we all go further and further into our own boxes.
 
TinFoilHat said:
Robot Reeves is an ideologue when it comes to economics. She is indoctrinated in one school of economics and won't be brave enough to change it for fear of her own belief system being shattered.

Mind you I could say the same of many of us, Including myself are on this political forum.

The art of debate and reasoning is dying as we all go further and further into our own boxes.
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Granted....but is it her own belief system or is she just another, fully paid up member of the WEF ,and simply carrying out orders for them.
Incidentally,I recently learnt that anyone can join the wef,there is a simple application form....you need 500k to support the application though...

" Its a big club,and you aren't in it " springs to mind.
 
Stiff Little Wingers said:
It's just such a shame, and pretty unforgiveable that Reeves and Starmer have not gone back into the single market or at least closer to the EU to try to cater for the billions lost through Brexit. But I suppose the immigration watchers will set themselves over Fred movement, although Eurooeans tend to be white.
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Except he hasn't - he has hired someone to explore / negotiate what can be done 6 weeks ago

www.bbc.co.uk

UK wants to hire EU negotiator to 'reset' relationship

The role will “prepare and lead negotiations with the EU on key UK interests”, the job posting said.
www.bbc.co.uk
 
dennishasdoneit said:
Granted....but is it her own belief system or is she just another, fully paid up member of the WEF ,and simply carrying out orders for them.
Incidentally,I recently learnt that anyone can join the wef,there is a simple application form....you need 500k to support the application though...

" Its a big club,and you aren't in it " springs to mind.
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I don't know if she's in WEF. However she's part of some US economic group of people I cannot recall their name at the moment who are aligned to reaganesque economic models.
 
metalblue said:
The US economy has all the same problems as the UK / European economies but it has growth and there is a belief Trump is going to bring even more growth. Any trade war is going to affect the European economies far more.
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Yes, almost like all the culture wars stuff is just a huge distraction from what he's actually going to do - make rich people richer.
 
dennishasdoneit said:


Makes me wonder what Gary Neville,starmers once vocal side kick ...has to say about all this.
Silent
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Yeah - Simon Danczuk on his specialist subject - pedo's - he was kicked out for exchanging shall we say questionable(?) messages with a 17 year old girl - and Piers Morgan known to speak his mind - and fabricate stories about UK soldiers abusing POW's and also involvement in phone hacking - that TY Vlog is just full of bollocks
 
TinFoilHat said:
I don't know if she's in WEF. However she's part of some US economic group of people I cannot recall their name at the moment who are aligned to reaganesque economic models.
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I don't either. But I'd bet both her and KS are.
Didn't KS go as far as saying he was more loyal to Davros, than the UK parliament..?
If true..therin lies the answer...

Last year, hundreds of mps resigned their post,the most ever in the history of British politics I believe.
Do they all know something we don't
It's a long long held " conspiracy theory " that international goverment will all collapse and the one world goverment will step in to " save us "
Robot Reeves actions seem to be easing the self destruction along quite nicely.
I may be way off key here, and I'm sure other posters who follow politics more closely than I do will put me straight....on this theory..
 
TinFoilHat said:
Robot Reeves is an ideologue when it comes to economics. She is indoctrinated in one school of economics and won't be brave enough to change it for fear of her own belief system being shattered.

Mind you I could say the same of many of us, Including myself are on this political forum.

The art of debate and reasoning is dying as we all go further and further into our own boxes.
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bluethrunthru said:
Yeah - Simon Danczuk on his specialist subject - pedo's - he was kicked out for exchanging shall we say questionable(?) messages with a 17 year old girl - and Piers Morgan known to speak his mind - and fabricate stories about UK soldiers abusing POW's and also involvement in phone hacking - that TY Vlog is just full of bollocks
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Like I said ,other posters are far more clued up than me on politics
I just thought the vid was intresting ,hence posting.
 
dennishasdoneit said:
I don't either. But I'd bet both her and KS are.
Didn't KS go as far as saying he was more loyal to Davros, than the UK parliament..?
If true..therin lies the answer...

Last year, hundreds of mps resigned their post,the most ever in the history of British politics I believe.
Do they all know something we don't
It's a long long held " conspiracy theory " that international goverment will all collapse and the one world goverment will step in to " save us "
Robot Reeves actions seem to be easing the self destruction along quite nicely.
I may be way off key here, and I'm sure other posters who follow politics more closely than I do will put me straight....on this theory..
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"The great reset"

Quite a few commentators on you tube claim this is occuring.

The problem with You Tube and other social media sites is there's too much information now we have wade through a hell of a lot of bullshit to find the facts and some cunts are quite happy to misinformation, even scare some as long as it keeps the $$$$ coming in.

Back on topic.

Labour are not the social democratic party they claim any more and haven't been for decades.
 
TinFoilHat said:
"The great reset"

Quite a few commentators on you tube claim this is occuring.

The problem with You Tube and other social media sites is there's too much information now we have wade through a hell of a lot of bullshit to find the facts and some cunts are quite happy to misinformation, even scare some as long as it keeps the $$$$ coming in.

Back on topic.

Labour are not the social democratic party they claim any more and haven't been for decades.
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Maybe save yourself the time. And go straight to the wef website pa
I was aware of all this " nonsense " years ago
So I look at what is happening in today's politics with different eyes to you.
And ..If it wasn't for YT, I would never have heard of the great Australian politician Malcolm Roberts, a man with principles and an orator blessed with the intelligence to bring his views across.
Check him out.
 
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Labour did not win the general election, they just didn't lose it and won it by default. It seems they have no idea of the repercussions that are going to happen as a result of the NI employers contribution and the knock on effect. It is going to cost the business I work for circa £1m next year, and where are we going to pass that price on to? The consumer...
 
metalblue said:
We have 3 distinct regions in the global economy right now. The US has higher yields, decent growth and people think the government spends too much. China has lower yields, low growth and people think the government should spend more, whereas the UK has the worst of all worlds higher yields, no growth and people think the government spends too much.

The UK isn’t particularly different to much of Europe in that regard, however whilst the rest of Europe is at least pretending to get their debt under control the UK has spun the fuck-it wheel and is borrowing billions more to invest in infrastructure projects (in itself something I think is right if done sensibly). This isn’t orthodox government behaviour and sometimes it’s hard being the only one heading the other way down a street. Who knows it may end up being the blue print for how to do it in the future - Reeveonomics.

But that’s for the future. Now she needs to either hold her nerve or use the spring budget to reset the treasury strategy. What she can’t do is be bounced in to it by market sentiment - she’ll be toast then.

Labours rhetoric, a perception of them having too many self stated priorities (if you have too many you have none), and Reeve’s tax on employment hasn’t helped the general sentiment but for the moment she retains the markets confidence or at least they are prepared to wait - but there is a price to be paid for now in increased borrowing costs.

Interesting times ahead.
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I don’t disagree with your assessment of the global forces at play, but unfortunately for Reeves she is being moved around by shifts in market sentiment - chiefly because of the choices she made in her Budget.

Manufacturing a situation where the key fiscal mandate is seen as being severely threatened if not breached, and a tightening of policy is required, should borrowing costs rise by just 30bp relative to the central forecast is just asking for trouble. Particularly when you consider the lack of a clear consensus around the path of inflation over the next couple of years and the likely response of central banks.

She’s simply pushed the envelope too far on borrowing and created a situation where the key messages around a very expensive uplift in departmental spending and investment is being undermined and muddled by relatively small shifts in market sentiment.
 
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