Maybe you think it’s talent but I think it is more ideological direction.
Doubt it, i just think the tories are completely inept, at a time when the UK is suffering its worst crisis in a generation, you have Truss soundbites every day, such as 'profit are not evil' at a time when energy firms, supermarkets, etc are recording record profits quarter on quarter, in a successful economy you can get away with that, if the people are happy, they don't really care, same with her latest soundbite about the UK workers needing more graft, said by a woman who hasn't had a days graft in her life, even worse, she's linked that whole thing to London being the example and the rest of the country being lazy, bad enough she has been alienating Scotland and Wales, not it's the rest of England outside of London.
She also honestly believes that just offering tax cuts will win everyone over, the reality is that as nice as tax cuts are, they are useless if you're not providing long term benefits within the country to support tax cuts, even a lot of the true blue support understand that, and aren't happy with this approach.
Freeports - loved by foreign business, criminals, corrupt politicians and gullible voters everywhere
Tax cuts?
Tax cuts only help people earning wages.
The whole country is going into a financial meltdown, with the only the people at the top not going to feel it.
The amount of small business that are likely to go under is huge. My own included.
with the only the people at the top not going to feel it
Bankers bonuses are through the roof this year, off the back of tax cuts the lifting of regulations in their sector. The government are looking after the people they think matter.
The whole country is going into a financial meltdown, with the only the people at the top not going to feel it.
The amount of small business that are likely to go under is huge. My own included.
Indeed. My mate who owns a couple of businesses in the hospitality sector (and who is seriously wondering if they're going to be viable for much longer) thinks this is all part of an agenda by this corporatist government and its paymasters.
They have absolutely zero appetite for helping small businesses as they genuinely don't care about small businesses going bump (as Brexit has proved). They know that the Corporate big boys that fund them have the capital and resources to weather this and that's all that matters. Then once out of the other side they'll be able to fully capitalise on the absence of small independent competition who no longer exist.
This Tory party represents the interests of a tiny minority, which shrinks yet further all the time
Why anyone votes for them - and thus against their own interests - absolutely mystifies me
Hope the 52% are still cock-a-hoop about their victory.
Of course. If they weren't able to understand that remain was in our best interests, they probably aren't able to understand why it's now making life harder for us than it would have been.
They will just blame something else, and the fact that most of the west is also having difficulties is just an easy direction which to point their fingers without doing much thinking.
Tax cuts?
Tax cuts only help people earning wages.
They don't even do that if you're saving £25 in tax cuts but you're left without adequate schooling, housing, policing, infrastructure, defence etc, etc, etc.
As Mick Lynch pointed out, if you substitute the word tax for services ( one pays for the other) people might have a different reaction to the policy when it's trumpeted - 'Hey everyone, here's another round of service cuts to enable the Big Fuel Cos to maintain current profit levels'
And as the changes in personal tax mean a cut in National Insurance, the more you earn, the more you benefit, so the people who need it least will gain the most
How very Tory
The very concept of massively increased government borrowing to fund cuts to corporation tax could only make sense in the addled mind of someone like Truss, who despite lecturing everyone else on the need to work harder has never actually spent a day in the real world in her entire life
Neither has Rishi Sunak either though, despite both of them touting their seriously re-written, entirely fictional ‘back stories’
They know that the Corporate big boys that fund them have the capital and resources to weather this and that’s all that matters. Then once out of the other side they’ll be able to fully capitalise on the absence of small independent competition who no longer exist.
It worked for the Professional Services companies, IR35 took out lots of their competition - other sectors took note.
They know that the Corporate big boys that fund them have the capital and resources to weather this and that’s all that matters. Then once out of the other side they’ll be able to fully capitalise on the absence of small independent competition who no longer exist.
Well if your sat on the board for a few days a year you want it to be for someone who can make it worth your while, dear boy 🙂
The very concept of massively increased government borrowing to fund cuts to corporation tax could only make sense in the addled mind of someone like Truss,
Government borrowing is not really borrowing so don't buy into that.
However they could use Q/E to much better use.
Government borrowing is not really borrowing so don’t buy into that
My point is that to spunk tens of billions (no matter how it’s funded) on cuts to corporation tax at the moment is utter and complete insanity
We all know that every single penny of that will go on bonuses in the boardroom and increased corporate dividends.
Exactly what an economy that’s about to go into freefall requires right now
Yep, the tax cut stuff is mind boggling, even for a empty head like Truss.
I read earlier that there's basically no one running the Tories atm and Truss is just left alone to spout any fairy story she wants, with no one reigning her in.
Would normally sound bonkers but looking at the evidence, I'm not so sure. I've always had the idea that people in the background run things but who on earth would sign off on this stuff?
I read earlier that there’s basically no one running the Tories
atmsince Theresa May left and Boris Johnson and then Truss are just left alone to spout any fairy story they want, with no one reigning them in.
FTFY
Yep, the tax cut stuff is mind boggling, even for a empty head like Truss.
Not if your goal is to get funding for your party from people that run big corporations....
Truss is playing to the Tory base
Her plans are bonkers but they don't care
https://twitter.com/GroomB/status/1556738772921876481?t=1LLSgRQhgszAiCO4fIjqqw&s=19
Yep... it's just more 'corporate socialism'.
Funnelling as much taxpayers money as possible into their mates pockets. Truss will just be a continuation of the corporate gravy train they've all enjoyed during covid under Johnson
Never waste a good crisis. And there's one almighty one looming into view which they are doing absolutely nothing to prevent as they spy the opportunities it creates for their disaster capitalist mates. The energy companies are just the first off the mark in what will no doubt be an orgy of profiteering
Sunak blames inflation on benefit claimants.
https://twitter.com/PeterStefanovi2/status/1560154433610289153?s=20&t=NzIilbfHEw2fHA_b0Pdxvw
Bankers bonuses are through the roof this year, off the back of tax cuts the lifting of regulations in their sector. The government are looking after the people they think matter.
I work for a Bank and the Execs have learned from the Govt too.
We got a decent corporate bonus but they changed the 'criteria' for our personal element so next to none of us got any...
Apologies, I didn't mean to suggest everyone working for a bank has benefited from that nice little stitch up.
Sunak blames inflation on benefit claimants.
It's like they're running through a Daily Mail 'Greatest Hits' countdown in a bid to out-gammon each other
I wonder what the remainer Liz Truss or the Lib Dem Liz Truss would make of the latest Far Right, Daily Mail dog-whistling, Brexiteer hardliner incarnation of Liz Truss?
I wonder what the remainer Liz Truss or the Lib Dem Liz Truss would make of the latest Far Right, Daily Mail dog-whistling, Brexiteer hardliner incarnation of Liz Truss?
So long as it advanced her career and her chances of being in Vogue, I'm sure she'd be OK with it.
She probably only chose the Lib Dems because she thought it would be easier to stand out in a small party.
Career grifter - and now she's going to be Prime Minister.
Well done Leavers!
Apologies, I didn’t mean to suggest everyone working for a bank has benefited from that nice little stitch up.
I didn't read it like you did, just pointing out that the 'ideology' is trickling down.
Don't get me wrong, we got a decent bonus, but it should've been twice as much.
Said it before. This recession is bottom up...
It'll knock out small individual business 1st?
It’ll knock out small individual business 1st?
Absolutely. I keep repeating myself on this. We seem to be sleep walking to an economic crisis, like something we have never seen.
In our little village, we have a family owned bakers. They have a successful shop on the main street and also a factory unit. They successfully supply sandwiches and other products for about a 60 mile radius. They are a key employer. Several families depend on them for their income.
Their energy consumption must be significant. I have noticed the bread has gone up twice in the last few weeks.
God knows what's going to happen with the next rises.
Absolutely. I keep repeating myself on this. We seem to be sleep walking to an economic crisis, like something we have never seen
This lot don’t give a flying * about small businesses or the people they employ. They are now exclusively (due to who funds them) the party of hedge funds, oligarchs, non-dom tax dodgers, disaster capitalists and general dodgy shysters
They’ll sit idly by, just like they’re doing now, and watch thousands of SME’s go to the wall, so their vulture mates can pick over the bones
I still think a lot of people in this country seem to be blissfully unaware of just how serious the present situation is, as there’s the usual ‘don’t mention the war’ silence from the media when it comes to almighty Tory cluster-*s
But people are going to brought up to speed pretty damn quick when this shit really hits in October, as their bills go through the roof, just as companies start going down like dominoes. And at that point, redundancy notice in hand, they’re likely to start asking why this useless bunch of muppets spent the entire summer doing the square root of **** all about any of it.
But people are going to brought up to speed pretty damn quick when this shit really hits in October, as their bills go through the roof, just as companies start going down like dominoes. And at that point, redundancy notice in hand, they’re likely to start asking why this useless bunch of muppets spent the entire summer doing the square root of **** all about any of it.
Blame the EU, blame foreigners, bang on a bit about dinghies in the Channel and they'll vote Tory again, though.
I still think a lot of people in this country seem to be blissfully unaware of just how serious the present situation is,
Yes.
But people are going to brought up to speed pretty damn quick when this shit really hits in October,
I think it is arriving already.
At work I am dealing with Scottish Government and quango's/dept that are all on a spending freeze, and have been for a few months.
I have a wife working for local council who have now rolled 2, 3 or more jobs into one and staff are not keeping up with what is required.
I am watching my sons who work in a national hotel chain get no shifts - the hotel is half empty in the middle of the tourist season.
I went to the chippy/Indian takeaway last Friday for the first time in months - and they were telling me that trade is slowing dramatically already and that they were going to up prices by 20-30% shortly.
We are staring at multiple strikes occurring over the next few months - and remember you don't get paid when you strike.
The 'undercurrent' is tugging at our legs, dragging us out to sea. I wonder how soon people will really be going under, rather than feeling skint...
Blame the EU, blame foreigners, bang on a bit about dinghies in the Channel and they’ll vote Tory again, though.
& have a rant about cyclists.
super_12 : Blame the EU, blame foreigners, bang on a bit about dinghies in the Channel and they’ll vote Tory again, though.
You forget cyclists.
You forget cyclists.
I only didn't mention us because we're in the B-List of rotating alternative targets that the Culture Warriors like to dangle in front of the Heil readers. Along with 'woke' lecturers, teachers, civil servants etc.
"It's not about growth it's about distribution".
That should be Labour's slogan for the next GE.
Absolute anathema to the narrow interests that make up core Tory support - and thus utterly the right thing.
when this shit really hits in October
I think it'll hit different people at different times. There's still a lot of people who haven't been hit at all by domestic energy price hikes, those that fixed for 12 or 18 months will come off those good rates into the full force of the winter price rises. Likewise for people on fixed rate mortgages, I don't think we've even seen the tip of the iceberg yet, a lot of financially vulnerable people will have fixed for a couple years so not yet affected by the rate rises. They will all have horrendous shocks when the new bills come in. This partly why it's not registering with everybody at the moment.
Roll in the collapse of hospitality (and we're on the verge of that, perfect storm costs through the roof, reduction in discretionary spend and no way to rise prices).
I predict we will start to really see the depth of the crisis around December, 2023 is not going to good for a lot of people, we will see everything collapse at an alarming rate, i really think we are still riding the last of the fixed rate deals and post Covid spending boom, wait to the summer holidays are over and I think we're heading for turbo disaster.
the scum comments are running 2 articles calling for sunak to throw in the towel. So who does the Dirty Digger call ?
Throw in a cold or stormy and wet (or both) winter, and return of the COVID, and it could be worse still
'Growth' is just a euphemism for trickle down ie you make a chunkload more for for us and we'll give you the steam off our ......
'Poorer nations' with a more equitable distribution are happier societies.
super_12
“It’s not about growth it’s about distribution”.
That should be Labour’s slogan for the next GE.
Absolute anathema to the narrow interests that make up core Tory support – and thus utterly the right thing.
Kind of agree but we've been conditioned to blame it all on those who have less so no one is going to want their cash distributed downwards.
When this shit hits the fan I think the Country is going to have 40 million socialists.
I can't see how the Government can survive the Winter.
It's not about blaming those who have less, we're seeing class-wide downward social mobility. Nursing used to be a middle class job, now we have examples of nurses using foodbanks. How many bar and waiting staff these days have degrees?
gobuchul
Free MemberWhen this shit hits the fan I think the Country is going to have 40 million socialists.
I think the tory project of moving us all to the right might have the unexpected endgoal that just not wanting to be hunted for sport makes you a socialist now.
Sunak's given up hasn't he? He's dabbling in the horrible crowdpleasers that the 4 or 5 undecided voters or whatever it is that will choose the next PM like, but his heart's not in it. He wants to keep running on his equations that provide the maximum pauper misery in exchange for the maximum foreign businessman pleasure...
no one is going to want their cash distributed downwards
Trying to take money off the middle classes won't work and isn't the answer. Middle to high earners have been seen as cash cows for years and are sick of it.
The money needs to come through corporate taxation and the uber wealthy. We also need a long hard look at our benefits system, after years of political meddling it seems to completely fail some people whilst others seem to live quite comfortably.
We also seem to have way more messed up families, how that is resolved I have no idea, in the past people had to stick together or they wouldn't survive, led to some very miserable people, the flip side though is we as a society end up supporting an ever growing number of people who've made some very stupid life decisions and expect to be bailed out, often at the expense of people who've ended up in trouble through circumstances well beyond their control.
Also need to really crack down on the cash economy, we have the technology and tools, we should be using them to make it very difficult to work outside of tax system. Its not just the uber rich sticking 2 fingers up to the tax man.
In the meantime we have Liz Truss who's more interested in porking markets so it really is going to be everyone for themselves for a few years.
Apparently productivity under New Labour was second only to the US amongst the G7 Nations. Under our current government we are bottom of the pile. [from The Economist last month.]
Why is that Liz Truss? Could it be that under a Tory government people don't think they have a stake in the country? Could it be that for many the word 'growth' means more profits for the corporations and gruel for the rest of us?
UK wealth returned to pre 2008 levels in. 2013, any 'growth' since then has gone directly into the pockets of the rich whilst everyone else is significantly poorer.
inkster not sure why my personal circumstances are anything to do with you. Its the people in the cash economy not paying tax that are the issue, there's plenty of people on minimum wage on PAYE whilst there are many very comfortably off people who got there by not putting their earnings through the books.
Your post is pretty unpleasant and uncalled for to be honest, I've no personal interest in how others spend their money and didnt suggest i did, but the tax man should and does. Are you condoning not paying tax, sounds like you are. Its ok for some people to evade tax is it?
Well if it's ok for some people not to pay tax then why should anyone bother.
Schools are going to be hot like a sledge hammer by this, after staff energy costs are the biggest expense and that's about to get much bigger as the cap doesn't cover schools. I expect hospitals will be the same too.
