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When you increase Corporation Tax by 30%, don't be surprised companies invest and create wealth elsewhere.
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Roost.
Home.
Chickens. -
@Victor-Meldrew Hunts response is very very strange.
It reads to me that he doesn’t think it will happen.
Which I fully don’t understand.
Really unsure of the path we are on right now.
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@MajorRage said in British Politics:
@Victor-Meldrew Hunts response is very very strange.
It reads to me that he doesn’t think it will happen.
Which I fully don’t understand.
Seems to me he knows high tax is bad, will curb growth and cost more in the long run, but doesn't have any other options right now. Zero vision - just like Sunak - and way too afraid to take the decisions needed to move the country forward for fear of upsetting the vested interests in his party and the country.
Really unsure of the path we are on right now.
Welcome to the Keir Sunak & Rishi Starmer show...
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@MajorRage it's almost like Hunt made his money during the favorable conditions to be an entrepreneur under New Labour, and is now pulling the ladder up behind him..?
The more time passes since Kwarteng/Truss were ousted, the more annoyed I am about the absolute stitch up. At least they had a dynamic vision and wanted to change the policy direction of the UK from the "managed decline" of 2008-present. The fact the likes of Biden and the bloody IMF were weighing in on the intricacies of their tax policy was outrageous, when it amounted to 1% of a spending package that was already pre announced to minimal fanfare.
Everyone wants to point at the market meltdown that coincided with their mini budget as being totally caused by it. Bollocks, in my opinion as a professional investor - 2022 was crazy with rates vol blowing up, inflation going crazy, Ukraine, and generational USD strength. If Boris happened to implode under the weight of his lies just a few months later, and Truss was taking over now instead (with ridiculously buoyant markets), everything would be just fine and dandy.
Incredibly unlucky timing, and now we're stuck with two socially democratic parties with bugger all difference between them, where every single problem is met with the staggeringly original solution of MORE GOVERNMENT 🤮
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@TeWaio said in British Politics:
@MajorRage it's almost like Hunt made his money during the favorable conditions to be an entrepreneur under New Labour, and is now pulling the ladder up behind him..?
The more time passes since Kwarteng/Truss were ousted, the more annoyed I am about the absolute stitch up. At least they had a dynamic vision and wanted to change the policy direction of the UK from the "managed decline" of 2008-present. The fact the likes of Biden and the bloody IMF were weighing in on the intricacies of their tax policy was outrageous, when it amounted to 1% of a spending package that was already pre announced to minimal fanfare.
Everyone wants to point at the market meltdown that coincided with their mini budget as being totally caused by it. Bollocks, in my opinion as a professional investor - 2022 was crazy with rates vol blowing up, inflation going crazy, Ukraine, and generational USD strength. If Boris happened to implode under the weight of his lies just a few months later, and Truss was taking over now instead (with ridiculously buoyant markets), everything would be just fine and dandy.
Incredibly unlucky timing, and now we're stuck with two socially democratic parties with bugger all difference between them, where every single problem is met with the staggeringly original solution of MORE GOVERNMENT 🤮
The only thing that has become crystal clear is the government has zero interest in levelling up & a lot of interest in levelling down.
It's the sheer laziness of people since the pandemic that has really killed it though. I see it absolutely everywhere. Councils sending out things for LGBT inclusiveness whilst the road potholes increase, NHS bookings becoming an impossibility, yet when you get one your the only person in the clinic, hundred of thousands of people on strike (which costs them money) whilst thousands of part time jobs are unfulfilled.
If I was Rishi I'd give everybody 24 hours to sign the pay offers or they are withdrawn. As much as I respect peoples right so strike, I respect my right to actually get something for the taxes I pay. And if I'm getting nothing, why should I pay?
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@TeWaio said in British Politics:
Fiscal thinking in the UK seems akin to two households realising they can't borrow on their credit cards anymore. One household wanted to increase their income by getting a second job while the other household instead decided to stay at home with the heating turned down.
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I read an article on Sunak recently which compared him to Gordon Brown.
A micro-manager who schemed to get the one job he wanted and, now he has it, hasn't got a clue what to do next.
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@TeWaio said in British Politics:
@MajorRage it's almost like Hunt made his money during the favorable conditions to be an entrepreneur under New Labour, and is now pulling the ladder up behind him..?
The more time passes since Kwarteng/Truss were ousted, the more annoyed I am about the absolute stitch up. At least they had a dynamic vision and wanted to change the policy direction of the UK from the "managed decline" of 2008-present. The fact the likes of Biden and the bloody IMF were weighing in on the intricacies of their tax policy was outrageous, when it amounted to 1% of a spending package that was already pre announced to minimal fanfare.
Everyone wants to point at the market meltdown that coincided with their mini budget as being totally caused by it. Bollocks, in my opinion as a professional investor - 2022 was crazy with rates vol blowing up, inflation going crazy, Ukraine, and generational USD strength. If Boris happened to implode under the weight of his lies just a few months later, and Truss was taking over now instead (with ridiculously buoyant markets), everything would be just fine and dandy.
Incredibly unlucky timing, and now we're stuck with two socially democratic parties with bugger all difference between them, where every single problem is met with the staggeringly original solution of MORE GOVERNMENT 🤮
Bank of England's reputation would have been mud had Truss and co's changes not exactly coincided.
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So pretending rapists are women isn't actually good politics ...
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Actually a pretty good resignation speech.
She's a very good communicator & speaker. I don't like many, if any, of her politics but her ability in these two facets of politics has always been of the highest order.
In a nutshell she now knows that she is too divisive. Too many people hate what she says because she is saying it, not because of what she is saying. Fair call.
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Rumours that the resignation influenced by the Police investigating a dodgy £600k loan to the SNP and are about to start interviewing people. Be interesting to see how it pans out but, as @MajorRage said, more likely she's become a divisive liability
https://wingsoverscotland.com/the-ship-that-died-of-shame/#more-135313
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@MajorRage said in British Politics:
Actually a pretty good resignation speech.
She's a very good communicator & speaker. I don't like many, if any, of her politics but her ability in these two facets of politics has always been of the highest order.
In a nutshell she now knows that she is too divisive. Too many people hate what she says because she is saying it, not because of what she is saying. Fair call.
Enough about Ardern , what are your thoughts on Sturgeon stepping down ?
So glad that the final straw for her was her lunacy/idiocy regarding troons in jail .
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Damn , her time in charge was terrible for Scotland
https://www.spectator.co.uk/article/nicola-sturgeons-legacy-in-six-graphs/
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Some of that data shows to me that the whole independence idea is just not a viable proposition. Financially, Scotland is being propped up by the rest of the UK to an alarming level and despite this is failing in providing adequate services for the population. If it was a business, it would have been insolvent years ago and both she and Salmond would be barred from being Directors for the rest of their lives.
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@Catogrande said in British Politics:
Some of that data shows to me that the whole independence idea is just not a viable proposition. Financially, Scotland is being propped up by the rest of the UK to an alarming level and despite this is failing in providing adequate services for the population. If it was a business, it would have been insolvent years ago and both she and Salmond would be barred from being Directors for the rest of their lives.
Yep, just pathetic really.
That’s two pathetic leaders who were darlings of the media and the woke . I wonder if we will make it three from three and Trudeau quits too?
I hope so , then he finally let us all know the racial perjorative he insisted his friends call him all those times he wore blackface.
Ffs are these losers really the best we can do?
British Politics