The Labour Government

[Brewster's millions]

I don’t think she can raise income taxes and stay in position.

The sole factor motivating this u-turn is the utterly desperate level of Starmer's authority within the Labour Party, following another disastrous week for him. Starmer and Reeves are now so weak that they wouldn't survive a hike in income tax.

Economic policy is being made on the hoof and changing with the wind. Ill advised briefing against Streeting leads to a re-write of the Budget and a surge in gilt yields today.

What a complete shitshow.

 

[Blue Maverick]

Last year they should’ve just been honest stood up and said look the country is fucked worse than we thought, we are have to go back on our pledges to sort this mess out, instead of lurching from one shite thing to another. Sometimes been honest can work, I’d have had more respect for them than this constant shit show.

 

[WRicko]

The sole factor motivating this u-turn is the utterly desperate level of Starmer's authority within the Labour Party, following another disastrous week for him. Starmer and Reeves are now so weak that they wouldn't survive a hike in income tax.

Economic policy is being made on the hoof and changing with the wind. Ill advised briefing against Streeting leads to a re-write of the Budget and a surge in gilt yields today.

What a complete shitshow.

We do not know anything

 

[Gray]

If things weren’t bad enough the weather today has put the cherry on the cake.

Bloody wet through nipping to my garage.

 

[meltonblue]

The sole factor motivating this u-turn is the utterly desperate level of Starmer's authority within the Labour Party, following another disastrous week for him. Starmer and Reeves are now so weak that they wouldn't survive a hike in income tax.

Economic policy is being made on the hoof and changing with the wind. Ill advised briefing against Streeting leads to a re-write of the Budget and a surge in gilt yields today.

What a complete shitshow.

They shouldn’t survive a hike in income tax either way, Reeves at least.

Like I said earlier in the thread, never going to happen but I’d like to see her do it but I’d also want to see her resign for it.

 

[ballbag]

If things weren’t bad enough the weather today has put the cherry on the cake.

Bloody wet through nipping to my garage.

If she doesn't start taxing the rain in 2 weeks time, she'll have to walk.

 

[PragueBlue]

Need to increase tax and also increase the retirement age.

 

[i kne albert davy]

If she doesn't start taxing the rain in 2 weeks time, she'll have to walk.

Have you not seen the water rates for those of us who pay :-(

 

[ballbag]

Have you not seen the water rates for those of us who pay :-(

Good point. No need to worry, though. She'd probably change her mind.

 

[i kne albert davy]

Need to increase tax and also increase the retirement age.

Things tough in the Czech Republic as well eh, we've got enough problems of our own to sort.

 

[PragueBlue]

Things tough in the Czech Republic as well eh, we've got enough problems of our own to sort.

Not too bad here in comparison from what I hear from family in the UK but tough everywhere I guess. Just looking at things from the UK perspective. It seems to me that the tax rate and retirement age are too low for the things that need to happen. I may be wrong of course.

 

[metalblue]

No, not at all, I’ve no idea what she was planning to do. My post was more to do with how the media have whipped it up to such an extent that everybody seems focused on the narrative rather than the actions.

We’ll soon see, less than 2 weeks to go.

On a similar note, have you ever seen the media like this, incessantly reporting every negative and very little positives?

For me, so much so that I rarely watch/listen/read and get my updates from here.

All fair points.

I’d argue that the media frenzy is driven by the all the leaks that have been coming out about what is going to be in the budget and the delay to delivering it. Of course there are certain outlets that wouldn’t give Labour any praise if they cured cancer and solved global warming in a day but, as someone posted on here a day or two back, it’s almost like they have a fifth column at the heart of it all (I’m thinking SpAds rather than MPs), I don’t think they do and that they are actively plotting against the government but I do think they are naive.

At the start you could almost forgive the mishaps and shit policy decisions but they continue to happen and they don’t seem to learn. It’s bizarre.

 

[hampshireblue]

Last year they should’ve just been honest stood up and said look the country is fucked worse than we thought, we are have to go back on our pledges to sort this mess out, instead of lurching from one shite thing to another. Sometimes been honest can work, I’d have had more respect for them than this constant shit show.

Starmer tried and was accused of talking the country down and needed to be more positive by the very same people that are saying they should have dome this a year ago. They really can't win.

 

[i kne albert davy]

Not too bad here in comparison from what I hear from family in the UK but tough everywhere I guess. Just looking at things from the UK perspective. It seems to me that the tax rate and retirement age are too low for the things that need to happen. I may be wrong of course.

The tax burden is more or less at a all time peace time high and the pension age is rising to 67 not sure that's where the problem lies.

 

[PragueBlue]

The tax burden is more or less at a all time peace time high and the pension age is rising to 67 not sure that's where the problem lies.

I just believe the UK needs more money from the public purse if you want a better NHS, better public transport, policing, prison system etc. You can't have it all on a fairly low tax system.

I also think that when the compulsory pension contribution system came in, it wasn't expected that so many people would live so many years beyond the pension age. I did a little bit of (admittedly limited) research and when it was brought in the average age of death compared to pensions was less than half that it is now. It's just not all sustainable.

 

[bluethrunthru]

The sole factor motivating this u-turn is the utterly desperate level of Starmer's authority within the Labour Party, following another disastrous week for him. Starmer and Reeves are now so weak that they wouldn't survive a hike in income tax.

Economic policy is being made on the hoof and changing with the wind. Ill advised briefing against Streeting leads to a re-write of the Budget and a surge in gilt yields today.

What a complete shitshow.

what U-turn is that?

A U-turn would be implementing a policy then reversing it. They have been flying kites - seeing what the lie of the land is. Personally not a tactic I like I much preferred the traditional pre-budget period of purdah TBH

a U-turn is being made PM, appointing a chancellor and holding a "fiscal event" in circumstances that you were warned not to then taking the markets, canning your chancellor and your fiscal event in an effort to save your hide before resigning in disgrace. Thats a U-turn

 

[i kne albert davy]

I just believe the UK needs more money from the public purse if you want a better NHS, better public transport, policing, prison system etc. You can't have it all on a fairly low tax system.

I also think that when the compulsory pension contribution system came in, it wasn't expected that so many people would live so many years beyond the pension age. I did a little bit of (admittedly limited) research and when it was brought in the average age of death compared to pensions was less than half than it is now. It's just not all sustainable.

We spend more on health than most comparable countries, not sure our overall tax rates are low ie fuel duties 53p a litre plus VAT, VAT on the majority of things we buy is 20%. To be honest the public sector is way to top heavy the UKs got serious issues as to where it spends it's money and it's way above my pay grade.

 

[metalblue]

what U-turn is that?

A U-turn would be implementing a policy then reversing it. They have been flying kites - seeing what the lie of the land is. Personally not a tactic I like I much preferred the traditional pre-budget period of purdah TBH

a U-turn is being made PM, appointing a chancellor and holding a "fiscal event" in circumstances that you were warned not to then taking the markets, canning your chancellor and your fiscal event in an effort to save your hide before resigning in disgrace. Thats a U-turn

Flying kites to find out how popular tax rises are? Hahahaha that’s a great one!!!! Makes you wonder why they went out of their way to be so clear in their manifesto.

 

[jimharri]

Obviously, I don't reside in the UK, so I'm not getting the benefits (or otherwise) of any of the policies that Labour have introduced since sleepwalking back into Downing Street. So; what's the feeling re how they're doing? Marks out of 10?

 

[i kne albert davy]

Obviously, I don't reside in the UK, so I'm not getting the benefits (or otherwise) of any of the policies that Labour have introduced since sleepwalking back into Downing Street. So; what's the feeling re how they're doing? Marks out of 10?

Done some good things contracts with Turkey keeping people in work also shot themselves in the foot removing winter fuel allowance which wasn't a good start and rising employers NI contribution while promoting a government for growth so 4 out of 10 for me.