The Labour Party

[Cheer Up Peter Reid]

They have made people's mortgages more expensive?

Well mortgages are more expensive because the Bank of England has raised interest rates. The reason the BoE has raised interest rates is to attempt to control inflation. The primary reasons for the recent high inflation are rising energy prices due to the Russians and the supply chain Issues following Covid. So I think it's disingenuous to claim that the Tories have made everyone's mortgages more expensive. Don't get me wrong, I am no fan of the Tories, but why can't the opposition set out what they would do differently rather than trying to slander their opponents.

 

[west didsblue]

Well mortgages are more expensive because the Bank of England has raised interest rates. The reason the BoE has raised interest rates is to attempt to control inflation. The primary reasons for the recent high inflation are rising energy prices due to the Russians and the supply chain Issues following Covid. So I think it's disingenuous to claim that the Tories have made everyone's mortgages more expensive. Don't get me wrong, I am no fan of the Tories, but why can't the opposition set out what they would do differently rather than trying to slander their opponents.

You've missed out the bit where Kwarteng spooked the market, causing bond yields to surge which made government borrowing more expensive, and consequently mortgage providers withdrew half their products and only kept ones that were double the interest rate of what was available the week before. That was before any additional base rate rises. So it's not disingenuous to claim that they have made things worse than they needed to be.

 

[Don Karleone]

Is anybody able to tell me what she said that was wrong?

 

[Bill]

Well mortgages are more expensive because the Bank of England has raised interest rates. The reason the BoE has raised interest rates is to attempt to control inflation. The primary reasons for the recent high inflation are rising energy prices due to the Russians and the supply chain Issues following Covid. So I think it's disingenuous to claim that the Tories have made everyone's mortgages more expensive. Don't get me wrong, I am no fan of the Tories, but why can't the opposition set out what they would do differently rather than trying to slander their opponents.

good luck with that .

 

[threespires]

Is anybody able to tell me what she said that was wrong?

That was exactly my response too when I read it, why you would be suspended for that I can't see

 

[Metal Biker]

Is anybody able to tell me what she said that was wrong?

Probably the suggestion that if you're rich, successful or are financially solvent means having to return your 'Asian ethnic card'. You can be rich and still be representative of a community. Being someone of Asian heritage does not mean you must also have a socialist political leaning or it means you're not "a member" and it is arrogance to assume so.

It's the "no true Scotsman" fallacy. You can dislike him for his stance, his political leanings (if you are opposed to them) sure, but to suggest he's not 'representative' of his ethnicity because of it? Ooh that's naughty!

 

[domalino]

Is anybody able to tell me what she said that was wrong?

Whether you agree with his politics or not, the country having it's first non-white, first asian, first Indian, first post-colonial immigration Prime Minister is a pretty big deal and definitely a win for representation.

The second half of her tweet should have been enough.

 

[Mr Kobayashi]

Probably the suggestion that if you're rich, successful or are financially solvent means having to return your 'Asian ethnic card'. You can be rich and still be representative of a community. Being someone of Asian heritage does not mean you must also have a socialist political leaning or it means you're not "a member" and it is arrogance to assume so.

It's the "no true Scotsman" fallacy. You can dislike him for his stance, his political leanings (if you are opposed to them) sure, but to suggest he's not 'representative' because of it? Ooh that's naughty!

He's not representative of anyone outside his narrow economic group.

She's absolutely spot on about that, he's an embarrassing affectation and doesn't have any connection to the working class and middle class ethnic minorities or majorities.

She shouldn't have mentioned race just for the optics, it's not racist to highlight this isn't a big win.

Especially as he secured power by re-appointing a right wing nutter who dreams of ripping up rights and sending asylum seekers to a police state that massacred as many as a million citizens less than 30 years ago.

 

[City Hobgoblin]

His heritage is irrelevant, social class not so much.

 

[The Stockport Iniesta]

I tried to listen to a couple of the Labour reactions last night but it reminded me why I stopped listening to any politicians after Brexit. Why can they not have a proper debate on Issues rather than just making shit up to create a false perception. Yvette Cooper was getting pressed on what Labour would do in response to the financial crisis. Her final answer was that the Tories have made everyone's mortgages more expensive. Either she is not clever enough to understand the macro-economic factors that have led to the recent inflation or maybe she thinks the general population are not clever enough, either way, I'm out!

Labour won't know exactly how big the black hole in the government finances are. So its very difficult for Labour to say exactly how they would respond. They can't say we will do this with taxation or that with public spending until they have seen the numbers and worked out their own strategy.