Chancellor Rachel Reeves: Her Time Is Up!

[mentalchik]

Holy shit, her speech has been playing on the radio, was yawning after a few minutes....

 

[Larry O'Hara]

Holy shit, her speech has been playing on the radio, was yawning after a few minutes....

So she would see you as another obstacle to growth: the cops will visit you shortly

 

[Serge Forward]

I think we really do need to (re-)launch the Anti Growth Coalition.

 

[Smokeandsteam]

A handy cut out and keep guide to Rachel Reeves ‘plan for growth’:

 

[magneze]

But look at the GDP! Just look at it! The line will go up! *

* Line may not go up. You may lose your ability to live on this planet.

 

[PR1Berske]

A Labour government that promised change is, for now, trying to attract investment – and doing so in the most craven, credulous fashion imaginable. So the chancellor who vowed to stamp on tax loopholes for non-doms now says she is “listening to the concerns that have been raised by the non-dom community”. The non-dom community! Here is identity politics at its most fraudulent. Whatever next, a Non-Dom History Month? Note that the chancellor hasn’t paid so much attention to those who can’t afford to heat their house this winter..

Labour’s plan for ‘growth’ won’t take off, but it will leave ordinary people behind | Aditya Chakrabortty

We used to call this ‘trickle-down economics’, and we learned a long time ago that it is a myth, says Guardian columnist Aditya Chakrabortty

www.theguardian.com

 

[SpookyFrank]

They're going to make the same mistake as the Democrats aren't they? Look at all this GDP growth? Meanwhile real wages stagnate, prices are higher but still nothing really works.

...because all the 'growth' is coming from shaving yet another 10% off everything that has actual value, and shoving it in some asset manager's back pocket.

Water privatisation was done to create growth, and look how that's going. Londoners could be boiling their own piss for drinking water within weeks.

 

[DotCommunist]

Same bullshit we've been sold for the last forty. War on blockers, setting up some false opposition to make deregulation look crusading. Presumably people who count as blockers say things like 'are we sure that cladding isn't flammable' and 'maybe cutting the trackwalkers is a bad idea' or even 'the residents say that slag heap is moving and they should know, lets check it out'

 

[Smokeandsteam]

Labour’s plan for ‘growth’ won’t take off, but it will leave ordinary people behind | Aditya Chakrabortty

We used to call this ‘trickle-down economics’, and we learned a long time ago that it is a myth, says Guardian columnist Aditya Chakrabortty

www.theguardian.com

For once, the Guardian is spot on. Really good from Chakrabortty in identifying the return of Osborne era economics. A Reeves version offers further austerity for the poor and ‘growth’ for the economy via pet infrastructure projects in the south east, London and elite university cities. At least under Osborne it was failed and overpriced projects in his northern powerhouse (whatever happened to that).

We should all be with the woman from Newcastle that he quotes at the start of the article.

 

[DotCommunist]

 

[mentalchik]

"Trickle down economics"...Thatcher would be proud

 

[Smokeandsteam]

"Trickle down economics"...Thatcher would be proud

Given that the 'British Silicon Valley' idea that Reeves punted yesterday was first floated in 1985, the ghost of Thatcher is an apt one in more ways than one.

 

[mentalchik]

Given that the 'British Silicon Valley' idea that Reeves punted yesterday was first floated in 1985, the ghost of Thatcher is an apt one in more ways that one.

Have to say i had her speech on the radio in the background yesterday and had to remind myself that this was a 'Labour' chancellor....going to go after benefits but HMRC admitting that they haven't collected multiple billions of tax....billions maybe employ more people to do that instead

 

[Pickman's model]

Every time Reeves opens her mouth a fairy dies and labour lose another hundred votes

 

[magneze]

Even if there's a British Silicon Valley who will stop the financial sector just selling it off?

 

[Pickman's model]

Given that the 'British Silicon Valley' idea that Reeves punted yesterday was first floated in 1985, the ghost of Thatcher is an apt one in more ways than one.

another example of her plagiarism, she can't stop herself

 

[Smokeandsteam]

Have to say i had her speech on the radio in the background yesterday and had to remind myself that this was a 'Labour' chancellor....going to go after benefits but HMRC admitting that they haven't collected multiple billions of tax....billions maybe employ more people to do that instead

I do wonder what the limit is, and even if there is one, in Reeve's 'growth, growth, growth' strategy.

So far:

• There have been punishment beatings of pensioners, the poorest kids, independent small farmers, small buisnesses and others.
• Austerity is back and we can expect futher evidence of where this will impact when the OBR reports in next week on public finances.
• The commitment to net zero, the environment or the concerns of people living in areas of poor air quality/green space has been trampled with new runways/developer led housing and war on regulation.
• The workers v shirkers era is back with yet another 'war' on the unemployed, disabled and those trapped in dead zones where there is no well paid or secure work.
• Britain will be opened up even more to the most hawkish venture capitalists like Black Rock.

The best case scenario is that Reeves delivers Biden-esque growth, although Biden actually invested serious money into infrastructure, that the chattering and media class approvingly note but is not felt by ordinary people before Labour dissolve under a populist wave of revulsion.

 

[Brownlow]

I do wonder what the limit is, and even if there is one, in Reeve's 'growth, growth, growth' strategy.

Dunno how far Reeves will go before Starmer throws her under a bus, but the limit to her growth strategy is that it's the same shit that has been stubbornly not working for decades, and more or less stopped growth15 years ago.

 

[kabbes]

In a time of chimpanzees, she is a monkey

 

[nino_savatte]

This is the reason why I've nicknamed her 'Enoch'. She really ought to be popular with the far-right.

Labour MP warns UK could 'explode' if immigration is not curbed

Former Shadow Cabinet minister says voters want end to freedom of movement

www.independent.co.uk

 

[Smokeandsteam]

Dunno how far Reeves will go before Starmer throws her under a bus,

She goes, he goes, is how it’s going to be according to the commentariat.

but the limit to her growth strategy is that it's the same shit that has been stubbornly not working for decades, and more or less stopped growth15 years ago.

That, well that and the political consequences and what comes next, is the most depressing thing about all of this. It is literally the same shit. And will produce exactly the same nil to anemic growth.

On the upside the next poster on here who goes “oh yes, I recognise Labour aren’t perfect but they are better than the Tories so I’ll be voting for them” will be treated with the seriousness that they deserve.

 

[Pickman's model]

I do wonder what the limit is, and even if there is one, in Reeve's 'growth, growth, growth' strategy.

So far:

• There have been punishment beatings of pensioners, the poorest kids, independent small farmers, small buisnesses and others.
• Austerity is back and we can expect futher evidence of where this will impact when the OBR reports in next week on public finances.
• The commitment to net zero, the environment or the concerns of people living in areas of poor air quality/green space has been trampled with new runways/developer led housing and war on regulation.
• The workers v shirkers era is back with yet another 'war' on the unemployed, disabled and those trapped in dead zones where there is no well paid or secure work.
• Britain will be opened up even more to the most hawkish venture capitalists like Black Rock.

The best case scenario is that Reeves delivers Biden-esque growth, although Biden actually invested serious money into infrastructure, that the chattering and media class approvingly note but is not felt by ordinary people before Labour dissolve under a populist wave of revulsion.

everything labour offers is illusory, just like their actual support. if i was elected pm with a massive majority on the basis of ~20% of the vote i'd be doing my damndest to show that a labour vote was a vote for hope and a triumph of trust over disillusionment. if i was starmer i would be saying that the recent reports of brexit's impact on the economy vindicated my pro-europe stance of 2019 and that the free flowing trade a customs union would allow would accelerate the growth of reeves' plan. but frankly vic reeves would have come up with a better economic strategy than the lamentable rachel, and bob mortimer a better, more coherent europe policy than the contemptible starmer, even in the 25 minute format of vrbno. we can't tourist our way out of the economic doldrums, we won't be the business hub of europe without closer ties to the eu. the revulsion you refer to is going see the labour party left a rump after the next election, with the lib dems likely to do rather well in attracting the labour vote in many constituencies. they'll be a rump then but they're a party of arses now.

 

[Bahnhof Strasse]

That, well that and the political consequences and what comes next, is the most depressing thing about all of this.

Yep, rolling out the red carpet for Farage.

Just how fucking stupid are these wankers?

 

[Pickman's model]

Yep, rolling out the red carpet for Farage.

Just how fucking stupid are these wankers?

unbelievably