Ming
I shot a man in Reno...
Which bits?
Liz Truss’s time is up
- Thread starter Dogsauce
- Start date
8ball
Decolonise colons!
Ming
I shot a man in Reno...
Yeah. It doesn’t work other than as a justification for anti tax legislation and redistribution of wealth upwards. You ever heard of tax freedom day? My initial academic disciplinary training was in accountancy and finance BTW.
Laffer curve - Wikipedia
en.m.wikipedia.org
8ball
Decolonise colons!
It can and has been used to justify why tax rates should be higher. Agree that it’s mostly a clumsy derivation that lends itself to being used to “explain” why lower taxes can lead to higher Government revenue.
Then tends to be adopted by parties that really don’t give a shit about increasing government revenue tbf.
Smokeandsteam
Working Class First
'The party of business'
Jeff Robinson
Marxist-Lentilist: Jackboots and Jackfruit
"You cannot rely on a heartless government having a change of heart, but concerted action by the public can force a change of mind – and a national campaign to change policy is the only choice. With a cold winter fast approaching, the time for action is now. The coming war must be against poverty, not against the poor."
This is from Gordon Brown, writing in the Guardian. That's how grave the situation is now.
This is from Gordon Brown, writing in the Guardian. That's how grave the situation is now.
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redsquirrel
This Machine Kills Progressives
It's a good tweet but hollow coming from the senator from Delaware who was VP under Obama.
steeplejack
trapped lbw for a duck
zombie Thatcherism will make for a coming winter of discontent that will make 78/79 look like a boring 50s weekend in Godalming.
_Russ_
Never not Knowingly Misunderstood
I hope but do not expect.
The French might have another crack at it though
elbows
Well-Known Member
Unless there is a big turnaround in getting their nuclear reactors online, France is going to be in deep shit unless the winter is exceptionally mild.
eg: Bloomberg - Are you a robot?
Not that UK security of sufficient energy supply this winter is assured either. Truss was a fuckwit for promising not to ask us to ration energy.
elbows
Well-Known Member
Since part of my argument with you the other day about this stuff involved me saying that I hadnt seen any pundits etc claiming that these policies would actually lead to growth, I now wish to acknowledge that some commentators are now hedging their bets by raising the alternative spectre of a return to boom and bust. eg this from the 12:52 entry on the BBC live updates page, by economics editor Faisal Islam:
Smokeandsteam
Working Class First
Yes. NIESR is predicting 2% growth. It’s also said a) it’s confected and unsustainable and b) will pose longer term structural problems for the economy;
An Independent Assessment of the Mini-Budget - NIESR
The 2022 mini budget marks a significant fiscal event. Announced by the Chancellor, it was published against a background of high inflation and recession.
www.niesr.ac.uk
Meanwhile the market - the Tories allies and presumably who the budget statement is meant to engage have also passed comment:
Artaxerxes
Look out, he's got a gnu!
Lel she won't be having a discussion she'll be leading a choir of "lower taxes = growth" while the heads nod on.
Theres no discussion or back and forth or ideas.
Jeff Robinson
Marxist-Lentilist: Jackboots and Jackfruit
The barbaric Truss clique are so far to the right, so extreme, that even the grandees of the Revisionist Blairite project are leaning into left populist rhetoric now. The overton window has again shifted to the right.
Jeff Robinson
Marxist-Lentilist: Jackboots and Jackfruit
Never before have I wanted to see a face repeatedly pummelled (applies to either of these shit heads)
If only they had the sense to recognize they had nothing worthwhile to contribute. It's a nice thought that the cabinet were silent, cowed, and cognizant of running out of road, but I expect their first meeting was more a cuntish cacophony of excitement as the gloves came off.
Jeff Robinson
Marxist-Lentilist: Jackboots and Jackfruit
Perhaps the barbaric Truss clique have conceded that they can't win the next election so their strategy is not to garner popular support but do all the raping, pillaging and looting of the UK economy they can until they lose power?
MickiQ
In My Defence I was left Unsupervised
No I think they genuinely think this will work and when it fails their response will be we didn't go far enough not that we went too far.
Jeff Robinson
Marxist-Lentilist: Jackboots and Jackfruit
I wonder if there will be any pushback within the party? The disgruntled deposed members of the Johnson clique + MPs in marginals who don't want the barbaric Truss clique to scupper their chances of re-election + Tories worried about the barbaric Truss clique tanking the UK economy? Or will enough of them gamble on on barbaric Truss clique turning things around?
MickiQ
In My Defence I was left Unsupervised
I think there will be pushback from her own MP's they cover a fairly broad range of views on things and she was not their first choice as Leader but was foisted on them by the party members. Personally I doubt Loopy Lizzie will last more than a year.
But there is more than two years to the next election so they probably think if her mad schemes don't work out there is plenty of time yet to dump her and get someone else.
Artaxerxes
Look out, he's got a gnu!
Truss has supposedly alienated the party by not bringing in all the talents (yes I am aware that talent is not something you can actually apply to politicians especially tory ones) and going for sycophants and enablers only.
It does look like they’ve got a bit giddy at getting hold of the keys and are pressing through with all the bad ideas at the same time out of excitement without reading the temperature of the room to give them pause
It does look like they’ve got a bit giddy at getting hold of the keys and are pressing through with all the bad ideas at the same time out of excitement without reading the temperature of the room to give them pause
Puddy_Tat
naturally fluffy
Jeff Robinson
Marxist-Lentilist: Jackboots and Jackfruit
I can see how 12 years of zero accountability and getting away with anything they want might lead to them getting high on their own supply.
Kwasi Kwarteng’s mini-budget: key points at a glance | Mini-budget 2022 | The Guardian
As if maundy money was "redistribution"
As if giving £150 billion of public money to private energy companies isn't 're-distribution'! They really bank on people having zero knowledge or critical thinking don't they?
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ska invita
back on the other side
pisstaking hi viz cunts - pull of a heist like today then quickly don hi viz and photoshoot in a factory
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