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Keir Starmer's time is up

Don't hold back Spandex, say what you think :)
Okay then.

He's a plodding visionless middle management nonentity who's been used by far more capable people on the right of the party as a blank space that was hard to criticise as he's such a fucking void of a person, living off some vague sense of liberalism from when he worked on the McLibel case over a quater of a century ago. His lack of talent is only matched by his luck at being in the right place at the right time to become leader. He has nothing to offer the country and if he ceased to exist it'd make no measurable impact on the world.
 
Point is that the level of the national debt is not a problem per se. And being boring about it, it currently has an average maturity length of 14 years, which is fine. The UK is not even close to being in trouble financially, despite what starmer's govt is trying to make out. Raise taxes and borrow to invest. That should be the plan.

I wasn't being facetious with that bit. I'd like to see the national debt going up right now, along with the tax intake.

As long as you keep the Bond Markets happy, then you can borrow a fair amount of money.
But they'll want to see a return on the investment, in the shape of growth that isn't stagnant.

I don't know. I mean, you expect the Conservatives to be cunts.

Labour's arguably worse, in a way, because people on the left expect better of them than all the nepotism, cronyism, grifting, providing weaponry to war criminals, speaking out in favour of leaving oppressed people without electricity and water, voting not to increase the benefits of families with more than two children ie keeping them in poverty, and also voting to cut many pensioners' winter fuel payments, etc.

I think the main issue with Starmer is his lack of political judgement and deferring to Sue Gray. Who is a career civil servant, they don't have to
consider politics too often, so I think the political messaging has been autocratic to the extent it's made things easier for the right wing tabloid rags to attack the Government. I expect with the changes you'll see a more robust political
operation.

Not much has changed from the expenses scandal when it comes to Politicians of all political parties, accepting gifts from those with the wealth and power to offer gifts. It's unregulated lobbying, it's time that loophole was closed.

I'm a pragmatist when it comes to Politics, a majority of voters are turned off by pure right and left wing politics. The main problem we've got is Thatcher's shadow looms large over politics, no one has dared move away from her
rancid ideas. Even Blair with his massive majorities didn't do it. He could have reshaped Politics, but he chose not to. A wasted opportunity.
 
I had forgotten about this, even though I wrote a letter to The Guardian about it.
From June 2023.
Darren Rodwell, the leader of Barking and Dagenham council, was threatening to evict families if their children did not inform on people who committed knife crime.

"Labour rising star threatens to evict families if children do not inform on knife crime"

 
Google tells me the interest payments are 8.4% of government spending.
Who are those payments going to? That's another part of this equation. A big chunk of them are going to UK pension funds. I'd love to see a different model for pension funding, but with the current model, it is far better for UK pension funds to lend to the UK government than for them to go elsewhere with their money.

It is also far better for the govt to pool the risk of debt than for govt to expect individuals to take out debts, which is the alternative within this model.
 
PPE scandal, sure. Early days, though. Truss budget? Yeah ok. Even the Tories are embarrassed about that one. National Debt? I don't give a fuck about the national debt. Bring it on. Make it bigger. Better than cutting money from the poor. Borrow more and give it to the poor.
PPE is a one off. To happen needed covid regs to short circuit oversight..

Ie there's corruption and there's what happened there.

Increase debt to give to the poor...Will increase the divide between rich and poor
 
Increase debt to give to the poor...Will increase the divide between rich and poor
Yes, there is logic to that. But increase debt to provide investment will potentially reduce the divide. And I want both debt and taxes on the rich to go up. Taking out debt to build housing, for example, is entirely sensible. And necessary. The only question is who is going to take out the debt.
 
Okay then.

He's a plodding visionless middle management nonentity who's been used by far more capable people on the right of the party as a blank space that was hard to criticise as he's such a fucking void of a person, living off some vague sense of liberalism from when he worked on the McLibel case over a quater of a century ago. His lack of talent is only matched by his luck at being in the right place at the right time to become leader. He has nothing to offer the country and if he ceased to exist it'd make no measurable impact on the world.
A superb summary
 
Yes, there is logic to that. But increase debt to provide investment will potentially reduce the divide. And I want both debt and taxes on the rich to go up. Taking out debt to build housing, for example, is entirely sensible. And necessary. The only question is who is going to take out the debt.

No choice but to borrow the money for infrastructure. They'll be scrabbling around trying to raise as many taxes outside of income tax and NI as they can.
But I'd guess they'll leave the rich alone for the most part.

And in due time he'll alienate more of his voters and open the door for Farage to be pm

It opens the door for Reform to gain more ground. But they have got a long way to go before they could possibly win an election. If Labour creates moderate growth
that gets over the stagnation hump we've been stuck on for the past 14 years? I expect they'll win the next election with a smaller majority.

We are in a holding pattern until the budget is delivered. I expect we'll see a flurry of policy announcements in the budget and in the following
days after it. With key bills being laid before parliament in quick succession.
 

Promising to slash red tape weeks after the Grenfell Phase 2 report.

Wilfully fucking awful.

Starmer will say in his keynote speech on Monday: “We’ve got to look at regulation where it is needlessly holding back the investment, to take our country forward.

It sounds like Thatcher, because it is Thatcherism…
 
As long as you keep the Bond Markets happy, then you can borrow a fair amount of money.
But they'll want to see a return on the investment, in the shape of growth that isn't stagnant.

In the case of UK government bond investments, the main attraction is not the return. UK gilts attracts investors who want a low risk investment that is stable over time. That's why pension funds put money into them, alongside other investors who are risk-averse. If you're looking for a high return on investments, you'd go for more volatile options.
 
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