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Tory Leadership contest 2022

No. It's the thatcherite idea that letting the proles have spending money is what causes inflation, rather than say every cunt putting their prices up. You might think the current situation of a fall in real-terms incomes preceding a massive inflation spike would be evidence that the thinking on this was outdated, but then if thatcherism could be damaged by something as trivial as overwhelming evidence that it doesn't fucking work it would have died out decades ago.

Demand-driven inflation (increased amounts of money chasing the same limited goods) is a real thing, and can be ameliorated to a certain extent by controlling the money supply (at least in theory - and it certainly seems to have worked in the real world at times). However inflation can also be supply-driven (which is what we seem to have now) - the same (limited) money chasing a reduced supply of goods.

This latter situation can (again in theory anyway) also be controlled by reducing the money supply to match the reduction in goods supply - but doing this when the inflation is supply-driven is likely to (should) lead - quite obviously - to a massive reduction in living standards for (almost) everyone. The tories don’t seem to be admitting to this bit of the plan…
 
Sasaferrato ! Apart from an estranged great uncle who has dementia I think you’re the only person I’m personally aware of who may get to vote in the choosing of our next pm.
Even if you don’t though who would you pick and why?

Sunak, because I think cutting taxes now is not the best way forward.

I don't know if you noticed the bumper Euromillions jackpot recently? £191m, except when it was actually won, it was £194m. The difference was the slide of the £ against the €, and reducing government revenue by tax cuts will exacerbate that slide, and not just against the €. As a country which imports a huge amount of its food, currency degradation would overwhelm any slight gain for the ordinary person engendered by cutting taxes.

None of the above in reality, I don't have a vote.
 
Sunak, because I think cutting taxes now is not the best way forward.
Why do you think that? Genuine question I'm not having a dig. Even the Govt's own various advisors recommend putting taxes up and/or cutting services in order to balance the books.
 
Why do you think that? Genuine question I'm not having a dig. Even the Govt's own various advisors recommend putting taxes up and/or cutting services in order to balance the books.

Because more expensive food imports, brought on by currency 'slide' will hit those with the least the most. Tax decreases would not compensate the lowest paid for higher food costs.
 
Because more expensive food imports, brought on by currency 'slide' will hit those with the least the most. Tax decreases would not compensate the lowest paid for higher food costs.
Actually Sorry Sas I misread what you put, I thought you had written that you wanted tax cuts not were opposed to them.
 
People on here might not think that she's very bright but Truss embodies and more importantly is the person who a particular and insurgent brand of capitalism is currently coalescing around.

Problem: workers are striking over below inflation pay awards and the cost of living. Solution: ban strikes:

Liz Truss pledges crackdown on unions but is accused of ‘Tory fantasy’
She seems to be attempting a sort of karaoke greatest hits of the glory days of thatcher sort of thing, crush the strikes cut taxes and let the free market heal the world. & wear pussybow blouses & shoulderpads just to drive the point home.
Its' not anything to do with being bright but it might be quite canny, an appeal to the nostalgia for that era which is probably deeply felt amongst the relevant people.
 
Medical issue apparently. Looks like one of the camera/sound people collapsed of hatred. Or cringed themselves to death.
Its been said that it was the debate host, Kate E McCann, TalkTVs political editor, who fainted. She was originally supposed to be co-costing with Harry Cole but Covid had other ideas and took him out of the equation.
 
Oh that what happened? I was *listening on radio. Just assumed the connection went down or something.

*I mean it was on in the background as I was posting super vital stuff on here.
 
She seems to be attempting a sort of karaoke greatest hits of the glory days of thatcher sort of thing, crush the strikes cut taxes and let the free market heal the world. & wear pussybow blouses & shoulderpads just to drive the point home.
Its' not anything to do with being bright but it might be quite canny, an appeal to the nostalgia for that era which is probably deeply felt amongst the relevant people.
Around 13 million people voted Tory at the last election but there are only 200,000 Tory party members. She's appealing to just that narrow and almost certainly much narrower range of views. I wonder what percentage of the crazy ass shit she's currently spouting will survive if she does win and then has to appeal to a much broader group of voters whose alternatives won't be the little brown rich guy but Sir Kier the Indecisive and 'Honest' Ed.
 
Around 13 million people voted Tory at the last election but there are only 200,000 Tory party members. She's appealing to just that narrow and almost certainly much narrower range of views. I wonder what percentage of the crazy ass shit she's currently spouting will survive if she does win and then has to appeal to a much broader group of voters whose alternatives won't be the little brown rich guy but Sir Kier the Indecisive and 'Honest' Ed.
yep but like her mentor johnson, its just about saying what the current audience right now wants to hear.
 
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