This mini budget

Discussion in 'Bulletin Board' started by Mido, Sep 23, 2022.

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  1. SuperTyke

    SuperTyke Well-Known Member

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    Just put the TV on and caught the BBC interviewing Ed Davey. Can't say I was shocked at how strongly they were defending the Tory policies as usual.

    The BBC is one dangerous fēçking organisation. Needs defunding immediately.
     
    SuperTyke, Sep 25, 2022
    #141
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  2. Brush

    Brush Well-Known Member

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    Brush, Sep 25, 2022
    #142
  3. TitusMagee

    TitusMagee Well-Known Member

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    I think every time this thread gets bumped, his arse twitches a little. Seems to have gone very quiet.... :D
     
    TitusMagee, Sep 25, 2022
    #143
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  4. Tek

    Tekkytyke Well-Known Member

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    Can anyone explain to me how this tax cutting budget for the minority and promises of a further tax cutting budget come April will work short term (which is the period that is so critical for most of the population)?

    Furthermore, where is the plan for funding further investment in the NHS, transport infrastructure, education Social Welfare so desperately needed, given in the short term tax revenues will be much lower? Are they going to chant the usual mantra i.e. 'any increased funding must come from 'efficiency savings')?

    There has been no mention, as far as I am aware, of that critical element of managing the country's finances.
     
    Tekkytyke, Sep 25, 2022
    #144
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  5. pompey_red

    pompey_red Well-Known Member

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    Hang on a minute….

    Has someone who supports Brexit just said “we have to work together not create division”

    I have no words.
     
    pompey_red, Sep 25, 2022
    #145
    Sestren, Mido, Oakwell Calling and 6 others like this.
  6. Old

    Old Gimmer Well-Known Member

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    That for the correction. Just like to add that it’s not me planning for life in Benidorm.
     
    Old Gimmer, Sep 25, 2022
    #146
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  7. Don

    Donny-Red Well-Known Member

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    I thought not, confused posting. :)
     
    Donny-Red, Sep 25, 2022
    #147
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  8. man

    mansfield_red Well-Known Member

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    Sounds like the BoE are having to make a statement today after the £ plummeted following the budget.

    We're a shambles.
     
    mansfield_red, Sep 26, 2022
    #148
  9. Gimson&theBarnsleys

    Gimson&theBarnsleys Well-Known Member

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    First the Queen, now the £; what's she going to kill next?
     
    Gimson&theBarnsleys, Sep 26, 2022
    #149
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  10. churtonred

    churtonred Well-Known Member

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    churtonred, Sep 26, 2022
    #150
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  11. Sup

    Superhiggy Well-Known Member

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    Dont panic the dynamic duo will sort it,supermans wife (Rachael Reeves) and Gary Neville.:)
     
    Superhiggy, Sep 26, 2022
    #151
  12. man

    mansfield_red Well-Known Member

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    I've have no idea what point you are trying to make here.
     
    mansfield_red, Sep 26, 2022
    #152
  13. Redstone

    Redstone Well-Known Member

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    Its almost as if continuing to spend money by borrowing more money at the same time as cutting taxes is a bad move. This following two years of printing money makes it all the more courageous as policy goes.
     
    Redstone, Sep 26, 2022
    #153
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  14. Brush

    Brush Well-Known Member

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    I see the Gilts market is diving now, a sure sign that investors expect the UK economy to be in recession for at least 2 years. Labour is going to inherit some serious s**t....
     
    Brush, Sep 26, 2022
    #154
  15. StatisTYKE

    StatisTYKE Well-Known Member

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    "Investors seem inclined to regard the UK Conservative Party as a doomsday cult.”

    Paul Donovan, chief economist of UBS Global Wealth Management.
     
    StatisTYKE, Sep 26, 2022
    #155
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  16. Tek

    Tekkytyke Well-Known Member

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    Don't see how Dodgy Back Tyke and Farnham_Red can like that. Jonathon Pye usually uses satire to slightly exaggerate a situation and generate some humour. Unfortunately, this time, every word he uttered is true and is no laughing matter.
    The final point about the 100% U-turn without any mandate is the most damning part IMO. It is high time that manifestos during GE campaigns become binding. It is reasonable that unforeseen international and domestic situations during a multi year term in office may well require some tweaks in policy direction . However, what we have here is a complete paradigm shift in ideology with total contempt being shown to the electorate by the PM and Chancellor. Even half the Conservative MPs are uneasy and seem not to be fully onboard. This means half the constituencies who voted Conservative have an MP who in effect can no longer represent the people who voted for them. Add to that those constituencies that did not vote for them at the GE then they really do not have a mandate.
     
    Tekkytyke, Sep 26, 2022
    #156
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  17. pompey_red

    pompey_red Well-Known Member

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    Since before and after the Brexit vote Pie has spoken the truth masquerading as satire. Enjoy.
     
    pompey_red, Sep 26, 2022
    #157
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  18. Farnham_Red

    Farnham_Red Administrator Staff Member Admin

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    What am I supposed to do - Satire is dead whilst this gang of crooks are in charge - how can Pie exaggerate the total **** show we had with the "mini budget" Doesnt mean I cant like his rant for being completely true
     
    Farnham_Red, Sep 26, 2022
    #158
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  19. Redstone

    Redstone Well-Known Member

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    Some Mortgage lenders stopping offering to new customers. Bank of England talking of increasing interest rates further. Just another week in ToryLand.
     
    Redstone, Sep 26, 2022
    #159
  20. Tek

    Tekkytyke Well-Known Member

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    I think you misconstrued my post. The idea of 'liking' his depressingly accurate rant as a satirical piece is fine but I was simply trying to light heartedly point out it was at odds with 'liking' the facts he stated in his rant.
     
    Tekkytyke, Sep 26, 2022
    #160
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