The Conservative Party

Gorton_Tubster said:
She seems (listening to her today) on the edge. Trying to quell her anger at the questions, or very nervous. Nowhere near the confidence of thatcher she when she was screwing people over.

I am starting to think that they've not thought this through properly. I support their initiative if it's possible to make it work, but I get a strong feeling they think they've fucked things up.
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Lets be 100% clear. This policy has failed already.

The plan was reduce tax to encourage investment and growth and hope that the bigger economy will more than offset the lower tax rates. This would take several years to come through. (This bit is the gamble).

What has happened is the £ has crashed as a result of lack of market confidence. The markets think that not enough tax will be raised and therefore government finances will deteriorate.

The key bit is this - the reduction in the value of the £ means all our imports cost more, including oil and gas (wile we are a net producer the economic benefit is owned by private companies and they sell to all of us based on the $ value). So the measure is inflationary. Liz truss was told this during her campaign and rejected the idea. She has been proven wrong already.

And going back to the initial gamble - there is practically zero chance that any growth generated will offset the now higher costs that we as a nation will face. Prosperity will be hit by the inflationary pressure and growth will be negatively impacted. It was a gamble assuming markets remained steady - given the adverse movements it looks like a slam dunk fail.
 
Brewster's millions said:
Aside from the poor delivery, and tripping up over simple questions, the striking thing for me is the lack of conviction in her voice. If she really believed in it, and came out swinging, I would give her a bit of credit. But today’s round of interviews had none of that.
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Exactly the same here. Makes me even more scared now. wtf
 
5B3CF180-FDBA-4E2C-A92F-7E54A199A610.png

Sorry if posted before and the size/poor quality but seen this on Twitter earlier.

Basically a list of active Tory Scandals…
 
hgblue said:
Haha, join the club mate. Total waste of time trying to provide a different perspective. It's not the £350 billion cost of lockdown or the £150 billion cost of the energy cap, both of which were strongly supported by the lefty types on here, it was the miniscule cost of the top rate tax cut that screwed the economy. Not just ours, the Yen has collapsed, the Euro is also at a record low against the dollar, that's one hell of a global effect for a tax cut that cost a few billion quid in one country.

The plan is clear and obvious, provide a business friendly low tax environment to promote growth and hopefully stave off a potentially disastrous recession that is looming. I don't think people have grasped the dire situation we are in across the West, which is why radical action is necessary. I guess it's easier just to call people cunts and blame them for the global shitshow. In fact, our debt to gdp ratio is 6th out of the 7 G7 nations, only one below us is Germany, and they're even more screwed than we are and Winter is coming. If they go into recession, the entire pack of debt leveraged cards could come tumbling. Where we go from there, fuck knows.
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This is nonsense though. This doesn’t even address the crisis that is happening right now and it’s a bad look to ignore the people that can’t afford to heat their homes (if they manage to keep their homes) and give tax breaks to the wealthiest. And uncapped bonuses…

That’s before this latest uncosted “budget” causing almost economic catastrophe that they don’t even bother trying to defend. Is it because they’re thick or is it because they have to repay their backers?

Either way, they’ve lost a huge percentage of the electorate in a week.

Let’s see how things lie at Easter. I suspect things will be utterly dire.
 
bluethrunthru said:
Please do not overlook the sterling work put in this morning by Chris Philp - Even Nick I'm Not A Tory Ferrari is angry with him

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This is the correct way to respond to Tory BS. The evidence is overwhelming that they have totally f'ked up. They should not be allowed to BS thier way through this.

They are using the brexit play book. Brexit was imensley complicated and so it worked. This is a cut and dried failure. A still born policy. Needs reversing ASAP. Any BS is insulting to all of us.
 
hgblue said:
Haha, join the club mate. Total waste of time trying to provide a different perspective. It's not the £350 billion cost of lockdown or the £150 billion cost of the energy cap, both of which were strongly supported by the lefty types on here, it was the miniscule cost of the top rate tax cut that screwed the economy. Not just ours, the Yen has collapsed, the Euro is also at a record low against the dollar, that's one hell of a global effect for a tax cut that cost a few billion quid in one country.

The plan is clear and obvious, provide a business friendly low tax environment to promote growth and hopefully stave off a potentially disastrous recession that is looming. I don't think people have grasped the dire situation we are in across the West, which is why radical action is necessary. I guess it's easier just to call people cunts and blame them for the global shitshow. In fact, our debt to gdp ratio is 6th out of the 7 G7 nations, only one below us is Germany, and they're even more screwed than we are and Winter is coming. If they go into recession, the entire pack of debt leveraged cards could come tumbling. Where we go from there, fuck knows.
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The plan is fucked. It was economically and politically illiterate and the markets fucked it, and us as collateral. What moron on top of the many challenges most countries face, decides to hack away at the foundations of our financial system thereby making the real challenges a lot fucking worse?

As for a business friendly low tax environment- don’t give me that fucking bollocks. What business wants is financial and regulatory stability more than low taxes and that is something we do not provide. No business wants an environment where you have an absolute tosser like Rees-Mogg cheerfully binning rules and regs with zero scrutiny or a PM threatening a trade war with Europe every 5 fucking minutes.

How about you get a clue about business and what businesses want before showing your arse?
 
hgblue said:
Haha, join the club mate. Total waste of time trying to provide a different perspective. It's not the £350 billion cost of lockdown or the £150 billion cost of the energy cap, both of which were strongly supported by the lefty types on here, it was the miniscule cost of the top rate tax cut that screwed the economy. Not just ours, the Yen has collapsed, the Euro is also at a record low against the dollar, that's one hell of a global effect for a tax cut that cost a few billion quid in one country.

The plan is clear and obvious, provide a business friendly low tax environment to promote growth and hopefully stave off a potentially disastrous recession that is looming. I don't think people have grasped the dire situation we are in across the West, which is why radical action is necessary. I guess it's easier just to call people cunts and blame them for the global shitshow. In fact, our debt to gdp ratio is 6th out of the 7 G7 nations, only one below us is Germany, and they're even more screwed than we are and Winter is coming. If they go into recession, the entire pack of debt leveraged cards could come tumbling. Where we go from there, fuck knows.
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In all this shit. Both you and chippy keep in mentioning leftys. You really are entrenched in ideology aren't you. Not politics, just beating the lefties, winning the argument.


We're all concerned with a tanking economy. Are you at all interested in the shit they're causing? I mean remove your blinkers fgs.
 
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