The Labour Government

meltonblue said:
Truss’s, obviously.
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No,
Truss retained 10 or 11 ministers from Johnson, they weren't ill prepared, had lost their way under Johnson certainly but not the same. Truss and Kwarteng were naive about their budget with immediate consequences but Starmer and Reeves were naive about theirs only the consequences are more of a slow burn.
With this government it seems nothing survives contact with reality. All this " grown ups in the room"," ending the chaos" , like all they had to do was turn up and because they were nice sensible people all would be well.
Totally underestimated the difficulty and complexity of the job.
 
Hertzblue said:
No,
Truss retained 10 or 11 ministers from Johnson, they weren't ill prepared, had lost their way under Johnson certainly but not the same. Truss and Kwarteng were naive about their budget with immediate consequences but Starmer and Reeves were naive about theirs only the consequences are more of a slow burn.
With this government it seems nothing survives contact with reality. All this " grown ups in the room"," ending the chaos" , like all they had to do was turn up and because they were nice sensible people all would be well.
Totally underestimated the difficulty and complexity of the job.
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Of course they were ill prepared, no one stopped them! You’re just sounding overly partisan.

What consequences have been a slow burn? Most of the stuff they’ve u turned on before even implementing.
 
meltonblue said:
Of course they were ill prepared, no one stopped them! You’re just sounding overly partisan.

What consequences have been a slow burn? Most of the stuff they’ve u turned on before even implementing.
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Lol, that's true.
Economic consequences have not played out as dramatically as Truss, but play out they will.
 
Hertzblue said:
Lol, that's true.
Economic consequences have not played out as dramatically as Truss, but play out they will.
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You may be right but I don’t think you can use something that you think will happen as proof of it being the most ill prepared and naive government ever, you’ve at least got to wait until it happens :)
 
meltonblue said:
You may be right but I don’t think you can use something that you think will happen as proof of it being the most ill prepared and naive government ever, you’ve at least got to wait until it happens :)
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walks like a duck, talks like a duck...
 
Brewster's millions said:
Biggest intraday rise in bond yields in three years, the Chancellor of the Exchequer in tears in the HoC.

Yeah nothing to see here.
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Like I say, it was an issue for a few hours and that’s it. It’s yesterday’s chip paper. I’m not saying there won’t be more bumps in the road in future but what happened yesterday has blown over soon enough.
 
Chippy_boy said:
Have you just woken from a year long slumber? It's been an utter car crash for over a year now.
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What has though? Aside from the overly partisan, I don’t know many that think that. Nothings gotten severely worse in the last twelve months that I can think of.

I do find conservative voters criticising them odd, or at least conservative voters that haven’t now moved to reform. I can understand the left wing of the party criticism of them a lot more.
 
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I think if a politician can spend their whole career in opposition drawing a nice salary they should probably take it and avoid their party winning an election. Sat saying what is wrong is a total piece of piss. I think realism must slap you round the chops pretty quickly. Boris Truss Starmer Reeves, I wonder if their ambition overuled their common sense.

What do you do to get out of the shit

If you can't borrow

If you can't increase tax on the masses

If you can't take from benefits and have limited scope for huge wastage savings

If you can't grab from the rich because the economy will slow

If you take from corporations and they stop hiring investing or threaten to bugger off

I think we may be at the point where its pointless discussing which politician doesn't have a workable plan.

Has anybody got any workable ideas that don't

Make the vulnerable /less well off struggle for even the basics

Doesn't scare the markets

Doesn't slow the economy

Doesn't stop rich folks spending or fiddling


Anyone?
 
Chippy_boy said:
Have you just woken from a year long slumber? It's been an utter car crash for over a year now.
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No it hasn’t , where’s the sky high inflation ? Where’s the sky high interest rates ? Where’s the NHS strikes ? Where’s the weekly train strikes ? Where’s the right wing riots ?
NHS waiting lists down to lowest in 3 years , energy bills down, workers rights bill introduced, landmark US deal that has saved thousands of jobs in British and Steel industry, India trade deal, closer ties with EU, Massive increase in defence budget, major infrastructure projects, Immigration figures gone from 800k to 400k, arrests of illegal workers up 51% since last year, introduction of neighbourhood health centres, 750+ schools set up for Breakfast clubs and much much more.

But yeh, after picking up 14 years of corrupt self serving Tories what a car crash they’ve made so far.
 
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meltonblue said:
What has though? Aside from the overly partisan, I don’t know many that think that. Nothings gotten severely worse in the last twelve months that I can think of.

I do find conservative voters criticising them odd, or at least conservative voters that haven’t now moved to reform. I can understand the left wing of the party criticism of them a lot more.
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I think they know what's coming, the Tories were much more comfortable letting services slip. I think we will soon be at the point where taxes are gonna go up more and they either believe this will fail or they just don't want to pay more tax, maybe a bit of both.

I agree with you that the left wing should be more upset, their scope is quite narrow and get in looking dull but responsible then hitting the radical button hasn't and won't happen.
 
hilts said:
I think if a politician can spend their whole career in opposition drawing a nice salary they should probably take it and avoid their party winning an election. Sat saying what is wrong is a total piece of piss. I think realism must slap you round the chops pretty quickly. Boris Truss Starmer Reeves, I wonder if their ambition overuled their common sense.

What do you do to get out of the shit

If you can't borrow

If you can't increase tax on the masses

If you can't take from benefits and have limited scope for huge wastage savings

If you can't grab from the rich because the economy will slow

If you take from corporations and they stop hiring investing or threaten to bugger off

I think we may be at the point where its pointless discussing which politician doesn't have a workable plan.

Has anybody got any workable ideas that don't

Make the vulnerable /less well off struggle for even the basics

Doesn't scare the markets

Doesn't slow the economy

Doesn't stop rich folks spending or fiddling


Anyone?
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Good post that mate, and FWIW I agree entirely.

Government is hard, and especially so when all the "easy" options have been used up already.

People will think I am mad but I think the only way out of this is to cut taxes not increase them further. And whilst we can't cut public services much without absolute outcry, that would have to mean more borrowing. The markets would doubtless be very unhappy about that, so it would need to be preceded by a charm offensive and a very clear, credible plan explaining how we are going to borrow more in the short term, in order to get the economy growing, but that this will only be temporary and will be repaid with higher tax receipts as the economy grows.

Effectively what Truss tried only she did it unexpectedly and with no clear plan and the markets and the BoE wrong-footed.

Risky tactic perhaps but I think the current course could well just be gradual further and further decline until bankruptcy.
 
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