MegaSack DRAW - 6pm Christmas Eve - LIVE on our YouTube Channel
If you're not in the top 1% of the wealthiest in this country and you vote tory then you're a moron
Its that simple
Turkeys... Christmas
Anyway, specifically on Sunak... this was bang on yesterday by John Crace
https://twitter.com/JohnJCrace/status/1605288943355940886?s=20&t=hRqgt9H58L6kZPXU17oSaA
I think the voters know exactly what the problems are, because they experience them every day
I've no doubt that people know what the problems are, it's who they blame for them that's the problem.
Unlike binners I think the voters know exactly what the problems are, because they experience them every day.
Well yes, however I think it is difficult for the majority of voters to know exactly what the solutions are if politicians from the three mainstream political parties don't articulate them and instead offer them false alternatives.
Austerity was not the solution in 2010, but with the Tories and the LibDems both passionately claiming that it was, and Labour only half-heartedly claiming that it wasn't, it doesn't come as any great surprise that many voters, even if not the majority, were fooled into believing that it was.
As so it happens time and again, an aggressive Tory agenda is at best meekly opposed by Labour and at worse tacitly supported by them.
What is required to change the situation is a radical party which is separate from the current political establishment and which is prepared to challenge vested interests on behalf of the ordinary working people.
The Labour Party was created to be precisely that and was in fact hugely successful, until its character was fundamentally changed by self-serving careerists.
What is required to change the situation is a radical party which is separate from the current political establishment and which is prepared to challenge vested interests on behalf of the ordinary working people.
Well I said some time ago that the labour left and unions should set up a new party, hopefully with the involvement of the green party and others. They would need to call the bluff of the labour rightwingers though who would allow the anti-tory vote to be split. They would rather see the tories in power than cooperate with a new leftwing party.
The Labour Party was created to be precisely that and was in fact hugely successful, until its character was fundamentally changed by self-serving careerists.
you talking about Ramsay MacDonald? Or maybe Deggsy Hatton? Or a bunch of Momentum entryists? It's ironic folks like me who are mainstream long-term labour loyalists - not out of misguided tribalism but because it's the only feasible way to a fairer and better country to live in - get called 5th columnists or whatever by people who aren't even going to vote labour ffs. And I did my tiny bid at the time to get he who shall not be named elected fwiw. Fifth columnist...
it’s the only feasible way to a fairer and better country to live in
Nonsense. The labour party have resisted more change than they've ever enacted. Much like the tory party, their modus operandi is to find reasons for not doing the stuff that people want so that the system and people who wield power are never threatened.
Fifth columnist…
Was I talking about you? No I was talking about labour MPs and ex-prime ministers who did everything they could to prevent a Corbyn premiership. Why did they do that? See above.
I assume Sunak is at his other home in california?
Maybe he's doing swimming up and down his nice new indoor pool? Hasn't everyone had a new pool built recently, what with energy bills meaning they're so cheap to heat?
Continuing the theme of every one of them being worse than the last, its difficult to imagine anyone could make Boris look hard working, but Rishi seems to have gone AWOL from the moment he was elected appointed. We really do now seem to have a completely absentee government. Good job everything's generally ticking along nicely
Oh... and to our resident revolutionaries....
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This thread is about the Tories, so off you totter to your bizarre 'its all the labour party's fault' echo chamber and shout into that particular void
Well I said some time ago that the labour left and unions should set up a new party, hopefully with the involvement of the green party and others.
What you and I want doesn't count! If that becomes a political development it will only because of necessity and a gaping political void.
I don't think we have reached close to that stage yet with polls showing huge support for Labour. The inevitable disappointment with a Starmer premiership and the realisation that Labour can only tinker with the crisis and at best only minimise the consequences for ordinary people might help to shift public perceptions though.
Sadly that also provides fertile ground for the far-right and their scapegoating and simplistic solutions.
What Britian is crying out for is an individual outside the political establishment who can provide leadership and a rallying point for a wide-encompassing grassroot movement.
What is particularly positive and highly encouraging at the moment however is public attitude towards current industrial disputes.
Support for healthcare workers is never really surprising, especially now considering the role of the NHS during the greatest health emergency in a hundred years. But what is particularly interesting imo is the unexpected level of support for other workers involved in industrial action, such as train and bus drivers.
Part of the reason for this unexpected level of public support is many people now see the current strikers acting on the collective behalf of ordinary working people.
Mick Lynch in particular has been very effective in developing this public sense of awareness. Many people now realise that collectively ordinary working people are all fundamentally on the same side, and that the current highly unpopular Tory government, lead by a billionaire more interested in unlimited banker's bonuses, isn't.
There is now this growing sense among the ordinary people that a victory for one is a victory for all, even if they themselves might not benefit in a very obvious and direct manner.
I find this developing class consciousness greatly encouraging and it should be hugely worrying for the Tories. It does need to be provided with some political leadership though for it to be effectively tapped.
This thread is about the Tories, so off you totter to your bizarre ‘its all the labour party’s fault’ echo chamber and shout into that particular void
Lol not that self-appointed junk again.
He likes shutting down conversation when his Prince Starmer of Neoliberal land is bought into question.
Also, says the man who managed to bring Corbyn into the said thread the other day.
Anyway given Sunak is not kicking around Starmer is very much carrying the can!
One day you might realise that Starmer brings himself into this thread because in your own words, but put to better use - Starmer and Sunak are two cheeks of the same arse.
Righty anti-strikey.
This thread is about the Tories, so off you totter....
So it's not about "the half-wits that make up this countries population"?
Or how much cleverer you are than all the politicians which you disagree with binners?
And btw you moaning about Starmer being mentioned on this thread immediately after launching, on this thread, a totally unprovoked attack on the former Labour Party leader is particularly hypocritical even by your standards.
Starmer is at least the current leader of the Labour Party and will in all likelihood be the next prime minister, so as an alternative to Sunak it makes him a legitimate topic of discussion on this thread.
Certainly more so than the Labour leader of several years ago.
If you’re not in the top 1% of the wealthiest in this country and you vote tory then you’re a moron
Solid analysis.
Any idea what might provoke you into that position if you feel desperate enough ?
Maybe it's because you were let down by the Labour party in times gone by?
Maybe as a working class individual free-movement wasn't all that useful to you?
Irrespective, Labour aren't still offering you the goods either. So jog on with an actual solution here.
Standard....
https://twitter.com/johnestevens/status/1605957400648982529?t=-UaY-G7atM4MWNq7bKJNBw&s=19
Meanwhile...
https://twitter.com/ElectionMapsUK/status/1605985554868293634?t=9a558x07Yy2jWQH91dFlJA&s=19
If you’re not in the top 1% of the wealthiest in this country and you vote tory then you’re a moron
Very blinkered view IMHO, calling someone a moron has got to be the worst way ever to persuade someone to your point of view. Many people are aspirational and see the tories as the party to help with that. Other's have a preference for small (er) government so will lean towards the tories. Both these groups might at any given time be "better" of with a labour government but their probably doing OK so just get on with what they have.
Tories are also certainly as far as the English are concerned the party of Anglo-British nationalism, many have a genuine love for their Britishness and it's institutions. Tories will always tap into that.
Many people are aspirational and see the tories as the party to help with that
But the present Tory party are IMHO the enemy of aspiration. They’re a closed shop. A club where the price of admission is private education > Oxbridge > Westminster thinktank.
So If you’re looking for a meritocracy then the very last place you’d look is the Tory party. Just look at the present cabinet. The brightest and the best this country has to offer? Or just a bunch of nodding dogs chosen from a tiny gene puddle?
As for Anglo-British nationalism? Just look where that’s got us? And by leaning on it so heavily, they’re always looking over their shoulder at whichever party/ego-vehicle Farage is heading this week
as far as the English are concerned the party of Anglo-British nationalism
And that is also a false narrative that the opposition should fight instead of trying to ape the same fake patriotism. I wrote in another thread today...
while they drape themselves in flags and extoll their lies about “what our brave lads fought for” it actually bears no resemblance to historical accuracy. The post war social contract was the honouring of the sacrifices made by that generation, tearing it up now is just shitting on their bravery and courage.
The shameful hypocrisy of this fake patriotism should be exposed at every opportunity not copied as is currently happening.
But the present Tory party are IMHO the enemy of aspiration. They’re a closed shop. A club where the price of admission is private education > Oxbridge > Westminster thinktank.
Certainly agree with most of that, the present government has got to be the worst I can remember, and thats over 60 yrs of remembering
But normal people's aspirations don't require oxbridge and private educations, they want a better car or a nicer house and two foreign holidays a year. If they think voting tory gets them that then they will.
Two years is a long time. The Tories may well benefit from a sense of permacrisis and the apathy that another 24 months of this could engender.
Once a state of permanent crisis becomes embedded they can deflect and get purely into the three word slogan stuff - which the electorate duly rewarded and reinforced in 2016/19.
Labour Hates Britain
Labour Loves Woke
Labour Will Let Them In
Etc.
OK the last one is 5 words...
which the electorate duly rewarded and reinforced in 2016/19.
The Tories lost their Parliamentary majority during that period, so not exactly a huge reward.
It was only the spectacular antics of the Labour Party which helped the Tories regain it.
You might change your username Danny but your obsession with the British people being racists never does.
The fieldwork for that Omnisis poll giving Labour a 26% lead was apparently conducted today, although the twitter link gives yesterday's date, but anyway it is the first poll since the ambulance strike which would help to explain the widening gap between the Labour and the Tories.
The Labour lead of is now similar to what it was during Liz Truss's disastrous premiership. And bearing in mind that when Johnson was PM the Labour lead was mostly in single figures, and often only about 3 or 4 percent, they are not moving forward as the countdown to the next general election slowly approaches.
With the current situation representing just the beginning of much more possible industrial disputes Sunak is going to have to either start being more flexible over wages, or risk an ever growing possiblity of Tory annihilation at the next general election.
I still suspect the next general election will be called in the summer of 2024, about 18 months time, I can't see Sunak being able to pull a rabbit out of the hat just before then - the situation with the economy, cost of living, etc, will still be shite, no possibility of a last minute turnaround in the polls.
So the Tories need to be seeing a slow gradual shift in their favour now, and that simply isn't happening, in fact the opposite is happening.
So you’ve been talking bollocks for years, it has been pretty obvious but it is good of you to admit it.
Care to elaborate, or are you just chatting bollocks?
You might change your username Danny
Ashamed to say I didn’t notice. My dannyh watch has faltered of late. This latest guise is however a bit more nuanced as he he’s refrained from any overt comparisons with nazis. A lesson learned. 😀
I just caught Invisible Sunak saying he wants to reduce inflation? Lol.
What's your plan?
You are *letting the BoE increase rates which drives inflation, and makes money more expensive pushing asset returns up. The very definition of inflation for everyone else.
*Sunak has the power to intervene over BoE choices.
From Parliament.UK
"2: Interest rates are now set by the Monetary Policy Committee of the Bank of England. The Prime Minister and the Chancellor of the Exchequer possess an override under the Bank of England Act 1998 if the ‘public interest’ requires and ‘by extreme economic circumstances’ but this has never been used."
Liars. Is this not extreme economic circumstances? Political will for everything.
I think I could hear a swimming pool in the background.
I just caught Invisible Sunak saying he wants to reduce inflation?
When prices stop rising next year inflation will come down of it's own accord rather than anything Sunak has done, and then he will claim the credit. What he won't say is that the recession he's caused in the meantime was completely unnecessary and he certainly won't mention the extra billions his banker friends have made from higher interest rates. And Starmer will probably applaud him and say that wage restraint and the fight against the unions was worth it to bring inflation down. The economic myths and lies for the next decade are already being sown.
Damn Starmer, ruining this country from his position of untold power…
When prices stop rising next year inflation will come down of it’s own accord rather than anything Sunak has done, and then he will claim the credit. What he won’t say is that the recession he’s caused in the meantime was completely unnecessary and he certainly won’t mention the extra billions his banker friends have made from higher interest rates. And Starmer will probably applaud him and say that wage restraint and the fight against the unions was worth it to bring inflation down. The economic myths and lies for the next decade are already being sown.
Yep all of that.
Inflation will slow of its own accord (because at the very least the annualised methoodology and supply chains catching up) - and interest rates changes take a couple of years to filter through anyway so it's the biggest con going.
Starmer is not rewiring the model either - I don't understand the upset in pointing this out. Economically Labour are offering exactly the same *solutions* as the Tories and the same BoE endorsements. The branding might be different - the models are the same - how people on here can be blindsided by this is to ignore very simple macroeconomic policy from both "arses of the same cheek."
I mean do you think ex-BoE Rachel Reeves would jump in and say - Bank of England stop this madness? That might be speculation but Labour think they can control inflation with a modest windfall tax. Balls.
Damn Starmer, ruining this country from his position of untold power…
Not pushing back against market economics or offering up something substantial is exactly the same as supporting free-market economics. That is of Tory bloodline.
In fact - it's worse as the Tories will always be Tories. Labour have an opportunity.
I'm sorry you don't hold higher standards of offering better opposition ideals than I do.
Damn Starmer, ruining this country from his position of untold power…
For reasons which I don't fully understand you appear to struggle with the concept that Starmer has responsibilities, not from his position of 'untold power' but from his position as both leader of HM Opposition and leader of the Labour Party.
Those responsibilities, particularly those as leader of the Labour Party, require him to make the case for fair wages for ordinary working people, both in Parliament and in the wider media.
And it is clearly particularly important for him to do so right now as there is currently a highly unpopular government which is committed to cutting wages of ordinary working people, in real terms, to pay for yet another economic crisis which not of their making.
The situation is so critical in fact that even the RCN is striking for the first time in its one hundred years history.
If Starmer is indeed standing up for ordinary working people in the face of the current onslaught by a deeply unpopular right-wing government then there is obviously no problem, and if he is using his legendary skills as a top notch barrister to humiliate and send the Tories reeling then he should quite rightly be applauded for it.
But if he isn't, and has instead abdicated his responsibilities, then he should of course be criticised - why shouldn't he? Being leader of the Opposition is a highly paid job, some sort of return is expected.
So far he seems to have said very little if anything.
On the other hand his Shadow Health Secretary has, very unhelpfully, said that the nurses pay claim is unaffordable, which must have been music to Rishi Sunak's impressively large ears.
So perhaps the other point is if you can't say anything helpful then keep your mouth shut. Which I guess might be Starmer's consciousness decision.
Inflation will slow of its own accord
And not least because the energy price increases which has contributed so much isn't inflation but a price hike with a definite ceiling?
https://twitter.com/Nigel_Farage/status/1606275275188215808
I particularly liked this comment:
"It must be like a wet dream for you to see the army controlling the border. Hope you controlled yourself".
Saw Rishi interviewed on the news before. No wonder he’s been hiding. He’s got all the authority and gravitas of a 6th former on work experience.
Given the Tory party’s present appetite for regicide and how clearly out of his depth Rishi is, I can’t see him lasting that much longer than his predecessor.
Then we get Boris - the sequel
What I find amazing is that, despite having an unprecedentedly unpopular useless government, Starmer's plan seems to be to align himself as closely to it as possible rather than do the obvious thing and provide a worthwhile alternative.
It's basically copying the class dunce's homework
If you think Starmer has been supporting Sunak and his policies you have your fingers stuck in your ears. Have a nice Christmas.
He is not vocal enough about opposing them though is he, staying quiet can be misread as supporting...
I particularly liked this comment:
“It must be like a wet dream for you to see the army controlling the border. Hope you controlled yourself”
It's bizarre isn't it? The whole army running the country thing really does stir the emotions of all the wrong people for all the wrong reasons.
I went through Heathrow the other day and I saw the army being the army whilst I walked through an automated system anyway.
The army being involved should be seen as a failure of infrastructure not a celebration of something in a modern society.
These ****ers are so backward. You know how this country loves to attack North Korea for its military presence in normal society.
Badge of honour here.
If you think Starmer has been supporting Sunak and his policies you have your fingers stuck in your ears. Have a nice Christmas.
It's more a case he's not particularly supporting the Tories themselves but he's supporting their mechanisms to operate society.
He's supporting the same gameplan.
The confused FBPE position is Tories are terrible but neoliberalism is okay when done right. (Whilst ignoring done right means obliteration of state services and less money to go around.)
And that's simply and clearly a position that takes us down a dead-end with no real change of all the terrible things we collectively hate in this thread.
Well here's some more depressing news for you rone:
Oh Jesus. Let's hope the Think Tank surveyed these kids after the they were totally drunk.
But on the serious side when you don't present an alternative position to solve things then this is what you get.
To be fair a low opinion and lack of credibility of the political classes, the establishment, and the democratic processes, is a phenomenon that is fairly widespread throughout much of the Western World.
It is not restricted to the UK. So it would be wrong to solely blame UK politicians.
And obviously for me this lack of faith in bourgeois democracy comes as no surprise and is very much justified imo.
The only issue imo is who should and will benefit from this - reactionary forces or progressive forces?
Obviously the replacement of parliament with the army wouldn't be my choice! I lean more towards autonomous societies and syndicalism.
https://twitter.com/nadhimzahawi/status/1606238437471686656?t=J3tMQhScpBAfsnhH7QadoQ&s=19
Lol at the mental gymnastics here.
You got to give the Tories 10/10 for taking advantage of a situation and lying through their back teeth.
Fair play to the stable-heater for trying the Jedi mind trick to convince everyone that all this is labours fault rather than the party that;s been in power for over a decade and has imposed 12 years of real world pay cuts on everyone.
It does seem like the Tories have now just given up and knocked off until the inevitable election defeat.
https://twitter.com/MarinaHyde/status/1606551743948546048?s=20&t=CtBU3D7PKjVcPEk_i7s5fA
Dunno where to start on this
https://twitter.com/AdamBienkov/status/1606600685855903744?t=SWZF1uU2glHZT5_j6YNMlA&s=19
Rishi Sunak - 'What's your plan, what are you doing this weekend?'
Homeless man - 'No idea. I'm hoping that the St Mungo's can help me get into some temporary accommodation so I'm not on the street.'
They are like a pair of soul brothers. You can almost feel the connection.
“Sunak meets the public” is never going to go well, is it?
https://twitter.com/karlt0/status/1606648736217718785?s=21
I’m guessing that there’s going to be zero connection with anyone worth less than what?… half a billion? A bit more, maybe?
The Tory press office will presently be openly weeping while clearing the diary of anything that may run the risk of Rishi encountering anyone who isn’t a hedge fund manager
That is absolutely bizarre.
How does anyone vote for these absolute ****s?
https://twitter.com/SpitfireVC/status/1606590244295426051?t=XIF4E3Qxqsh8h0hzZ-NYMQ&s=19
Twirp down for full titular comedy.
Sunak, Theleme Partners, new 10 year Moderna deal. Join the dots.
So cringe. That man has enough wealth to have a scrooge moment and completely reverse that homeless chap's fortune.
'Would you like eggs?' 😐😞
Well here’s some more depressing news for you rone:
36% of voters aged 25 to 34 say they would be in favour of the army running the country, but two-thirds said they supported strong leaders “who do not have to bother with parliament”.
By the "Third of Young Voters" headline, I was expecting 18-20!
The study, with data graphs: https://www.ukonward.com/reports/the-kids-arent-alright-democracy/
The graph says negative net support in all age groups, and there's this text which seems to have been misinterpreted by the article:
Over a third of 18-34-year-olds (36%) say they have more friends online than in real life, and these young adults are twice as likely to report loneliness and think army rule would be a good way to run the country as those who have more friends in real life than online.
Other findings included:
71% of people think more people living in cities has made society worse
61% of voters believe jobs and wages have been made worse by technological change
59% said increases in immigration have had a negative effect on the economy, compared to 41% who said they have had a positive impact
two-thirds of voters said that more people going to university instead of getting technical qualifications has been a bad thing for the country overall
Not nearly as alarming or unreasonable.
Sunak, Theleme Partners, new 10 year Moderna deal. Join the dots.
Just watched something on this deal.
A company that has only produced two products just been given 10yr guaranteed purchases by the government.
The current prime minister had dealing in setting the company up (but no apparent ties at the min).
All just sound dodgy and make the recent PPE seem a bit amateurish.
https://twitter.com/SkyNews/status/1609447454591651841?t=yW8CVqV9h-l2EBoIsSfSZQ&s=19
But you're not doing anything? The government can control things you soft headed invisible PM.
(But you don't feel the need for flags at least. Double flags.)
So Rishi has said he feels good about the future?
Good for him.
I reckon I’d probably feel a bit more positive about it if I had three quarters of a billion quid in my bank account
It does seem we have now truly reached Tory nirvana, where a ‘hands off’ government literally does absolutely nothing at all and just lets ‘the markets’ get on with everything
It does seem we have now truly reached Tory nirvana, where a ‘hands off’ government literally does absolutely nothing at all and just lets ‘the markets’ get on with everything
It's an easy kill.
Reduce everything to stuff you directly pay for and government is responsible for barely nothing.
I can see the appeal.
Sort of like a lazy Dad.
Economically people need to realise letting the government pay for things is the best and most efficient way of funding. And is technically without limit to the £.
Everything else is utter bollocks, and carved up profit for few people that probably don't deserve it.
Time to decide what sort of country we want... Though it's probably going to decide itself.
For example stop whining about the NHS being broken unless you're prepared to tell your MP they need to spend a hell of a lot more cash. Don't discuss the issue of taxation just tell them to them it needs less than the COVID invoice, which they somehow delivered.
It's doable.
Solutions, not more problems.
https://twitter.com/D_Blanchflower/status/1609533492907343872?t=qHgLblVMa97dEY7UK5PwiA&s=19
Jenky is my local MP.
Trust me when I say telling him anything other than 'well done for keeping Corbyn and his lefties out' or 'well done for getting Brexit done' and you're wasting your time... Have a look at the rest of his twitter account of bile if you don't believe me.
@AD my persona when contacting my scumbag Tory mp is that of disgruntled gammon .
“ we all know that our roads were shit when we were in the eu as we had to pay for theirs. Why, now that we are out have you not fixed them? “ etc
My utter **** of a Tory MP (majority of 100 votes) was a vocal Liz Truss supporter and enthusiastically championed Kamikwasi’s disastrous ‘mini-budget’ even as it all fell apart and they tanked the economy.
He’s been silent and invisible for the past couple of months. Just like Rishi
For example stop whining about the NHS being broken unless you’re prepared to tell your MP they need to spend a hell of a lot more cash.
The NHS…
https://twitter.com/markpalexander/status/1609320619325145090?s=21
Cut it. Cause a staffing crisis. Act surprised at the results. Leave a mess for Labour to sort out. Same old.
Cut it. Cause a staffing crisis. Act surprised at the results. Leave a mess for Labour to sort out. Same old.
There is no mystery is there?
Tories look in all directions apart from cold hard money and resources.
Blah middle managers, blah people living too long.
Shut up - and scale it up to make it work utter dozers.
It’s not just about the levels of funding, it’s how it’s spent.
Covid showed us what they do when they can get away with it. No matter what the healthcare budget is, they will attempt to funnel as much of it as possible into the pockets of their mates
It’s not just about the levels of funding, it’s how it’s spent.
Well of course but you hear time and time again from politicians and commentators that money is scarce.
Look around you at the the state of the UK and tell me it doesn't need loads of money spending?
My only tiny issue with the how-it's spend-argument is it opens up a channel for the Isabel Oakeshott types to say the reason we don't have the money is because we've spent it badly. That's not a fact. And needs dealing with.
First accept the money is available if we need it and then debate how it's spent.
Just don't get into debate which helps frame the right's argument there isn't enough money.
If you turn the taps off to start with the how it's spent debate becomes moot.
Time to decide what sort of country we want…
Didn't we do that back in 2016?
Anti-progress, insular and hankering for a largely made-up glorious past - as I recall???
I like how they have started saying the nhs got the money on the bus.
Didn’t we do that back in 2016?
Anti-progress, insular and hankering for a largely made-up glorious past – as I recall???
For one party of society. But some of those people are part of the left-behind too.
But now more than ever we've got to get beyond that. It's time to put pressure on both sides of that argument and instruct them to deliver something.
In or out of EU there has to be a way to rebuild the destructive effects of neoliberalism (market forces for the benefit of the few) and employ the state to do its job.
First part for me is to push back against an idea that the country (as in the state rather than individuals) is broke financially and can't afford investment in services - the FT and the Times are pushing this utter rubbish.
Learn the mechanics of the economy and how the government funds you and not the other way around.
Go for it. Print the money. But what happens when we (as a huge net importer of essentials) have to pay for something in euros or dollars?
Looking at MMT it two things strike me:
1) It falls over when other countries with more economic clout are valuing you and your political-economic policy.
2) As a result it relies on you being able to do it in a vacuum unless you are one of the top one or two big players.
Neither of which are helpful to the UK. Truss's experiment with ripping up economic orthodoxy was shut down in five minutes flat. There must be a more global reassessment of worth, wealth and who holds the power before MMT could work - especially for a country like the UK (indebted, living beyond its means, importing essentials and exporting nice-to-haves).
But what happens when we (as a huge net importer of essentials) have to pay for something in euros or dollars?
Maybe we could start manufacturing more stuff here instead of having millions of people in pointless bullshit jobs? Use the spending power of govt to invest in our economy and working people rather than filling the pockets of offshore multinational companies and billionaires.
That would benefit poor people daz and not rich people - ideological conflict
There is simply no way this government or a Labour one for that matter would invest in infrastructure, manufacturing, technology to the degree that is required.
This will never happen
Maybe we could start manufacturing more stuff here
It doesn't look too promising on the raw materials front for that. Who would we buy them from? With what currency?
Print the money
You haven't really grasped this, as it's more correctly spend the money.
You haven’t really grasped this, as it’s more correctly spend the money.
And yet no one will answer what happens when the rest of the world prices one country doing MMT into their valuation of that country's currency. Or what happens when that country has to buy something with its (now massively devalued) currency.
Grasping eh?
Doctors have accused Rishi Sunak of being “delusional” after he denied the NHS was in crisis and insisted it had the money it needed to cope with the surge in winter illness.
I made a separate thread so as not to derail this one but to expand on the link above, please see here.....
https://singletrackworld.com/forum/topic/pray-you-dont-fall-off-and-need-ae-anytime-soon/
And yet no one will answer what happens when the rest of the world prices one country doing MMT into their valuation of that country’s currency. Or what happens when that country has to buy something with its (now massively devalued) currency.
Ask Rone. He told me I was wrong too when I made comments along the same lines, but I still see it the same as you do.
Oh, and that Sunak 'speech', when he talks about "pride in the country", has he (conveniently) forgotten that until very recently he'd signed up to live in and work for a different country?
#GreenCard
And yet no one will answer what happens when the rest of the world prices one country doing MMT into their valuation of that country’s currency. Or what happens when that country has to buy something with its (now massively devalued) currency.
This is an uniformed take.
Plenty of countries already operate an MMT framework. They are not competing for MMT spending.
USA, UK, Canada, Australia, New Zealand, Japan. Etc.
I mean seriously take some time to understand what you are talking about.
Fiat Currencies are driven by buyers and sellers. One of the biggest spenders (USA - MMT framework) has one of the strongest Currencies at the moment. So the link you're suggesting is false.
Currency will fluctuate for all sorts of reasons, it's a supply and demand market.
There are many other reasons currencies go up and down and frankly it is not the be all end all of the real economy.
And *doing* MMT doesn't make any real sense. What you mean is countries with sovereign power and central bank operate government spending that can be described by MMT. That happens already.
For the last 45 years or so.
https://twitter.com/D_Blanchflower/status/1610375136250576896?t=RHFBzUKaUmHRLlNJU9cdYQ&s=19
I'm more confident that Sunak has too much money rather than the NHS.
It's alright, everyone will be doing Maths up to 18 years old so everything is now solved.
As someone who was pretty good at maths (took O level a year early and got an A) and went on to do A level maths and someone who uses maths everyday at work as key to my job I would say that doing maths post GCSE level is a complete waste of time for 99.9% of the population as everything you need to know is dealt with at GCSE level. Could probably say that about most A levels really...
I wasn't aware of the "Maths to 18" plans until it was on the news this morning, seems odd to me (and completely pointless without fixing the underlying issues with the education system). I agree Maths is important but I don't see studying it past GCSE level has much value for the vast majority of people (and presumably it also means some other subject gets dropped, or are they just adding it in but not to full A-level standard?)
