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Post by supergas on Nov 22, 2023 8:24:52 GMT
Explain that to the next generation who will be paying billions in interest alone, with no perceivable gain in assets or services, under this Government since 2010 ...so no government prior to 2010 ran a structural deficit and grew the national debt? There is also a long list of other countries (who I guess you'd prefer our government was following in general) who are not currently making decisions that get them back to surplus so they can pay down their debt.... |
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Post by supergas on Nov 22, 2023 8:33:31 GMT
...he has plans to reduce the current rate of inflation - running annually at 143%. He plans to help the 50+% of Argentinians living in poverty. He wants to reduce government spending (which in Argentina *is* mostly corruption) and reduce quantitive easing (that is mostly benefiting those who are already wealthy). He wants to block Chinese and Russian political influence in the country. He wants to cut high corporation tax to stimulate business investment. Yes he's mad on some other stuff but there's a reason he won such a high percentage of voters under the age of 43. Neither candidate was anywhere near all-round perfect but his opponent (Massa) would have continued the same economic policies that over the last 70 years have changed Argentina from one of the wealthiest countries in the world to one in the bottom third that's headed towards the bottom fourth.... ...if he's nutty I don't want to be sensible... He also goes by the name of Mickey Mouse. He could also ask the Chileans how it went when they tried this neo liberal approach. Here you go Supergas press.princeton.edu/books/hardcover/9780691208626/the-chile-projectThe Chile Project The story of the Chicago Boys and the downfall of neoliberalism I'll read it properly when I get the chance. But the crux of it is Chile was governed in a similar way by similar leaders for a long period of time that led to the country overall failing in a lot of ways. The politics will be different but the problem in Argentina is much the same. The same politics failing the same people for a long period of time |
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Post by oldie on Nov 22, 2023 12:28:00 GMT
Explain that to the next generation who will be paying billions in interest alone, with no perceivable gain in assets or services, under this Government since 2010 ...so no government prior to 2010 ran a structural deficit and grew the national debt? There is also a long list of other countries (who I guess you'd prefer our government was following in general) who are not currently making decisions that get them back to surplus so they can pay down their debt.... I think you are deliberately missing the point. The real point here is propaganda. Pretending that it was Government policy that brought down inflation when in fact it has been, in the main, external factors, then pretending we have increased capacity to borrow, as a result. When fact the economy has barely grown and the only reason there is more revenue is because this same Government raised the tax burden to its highest in modern history. But carry on, swallow this absolute nonsense. |
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Post by oldie on Nov 22, 2023 12:32:22 GMT
I'll read it properly when I get the chance. But the crux of it is Chile was governed in a similar way by similar leaders for a long period of time that led to the country overall failing in a lot of ways. The politics will be different but the problem in Argentina is much the same. The same politics failing the same people for a long period of time Not quite. The CIA had an elected President of Chile assassinated which led to a fascist dictator propped up by the Americans who then decided to use that country as a neoliberal economic experiment. I read that the current day supporters of these policies are overcome with joy over the election of this current incumbent. So they can try again. |
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Post by stuart1974 on Nov 22, 2023 16:56:14 GMT
"Chief political correspondent Jon Craig, who has been speaking to MPs this afternoon, says Tories are "convinced" the national insurance move means we're set for a May election.
Jon says it's still likely, in his view, that the nation will go to the polls in October.
But he says the chancellor has got Tory MPs talking about a May election now."
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yattongas
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Post by yattongas on Nov 22, 2023 17:09:28 GMT
"Chief political correspondent Jon Craig, who has been speaking to MPs this afternoon, says Tories are "convinced" the national insurance move means we're set for a May election. Jon says it's still likely, in his view, that the nation will go to the polls in October. But he says the chancellor has got Tory MPs talking about a May election now." Just before the boat crossings starts again in earnest . |
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Post by yattongas on Nov 22, 2023 17:21:33 GMT
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Post by stuart1974 on Nov 22, 2023 18:07:29 GMT
No need, it'll be dismissed as just an OBR forecast. |
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Post by yattongas on Nov 22, 2023 18:17:47 GMT
No need, it'll be dismissed as just an OBR forecast. Oh yeah I forgot the rules. They count if they’re positive, dismissed if negative. |
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Post by stuart1974 on Nov 22, 2023 18:18:20 GMT
Amongst the stats bandied around, it's the highest tax take since 1948, the biggest drop in disposable income since 1955.
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Post by yattongas on Nov 22, 2023 18:22:30 GMT
Amongst the stats bandied around, it's the highest tax take since 1948, the biggest drop in disposable income since 1955. Yep and tax take will continue to rise in this tax cutting budget (not). |
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Post by Gassy on Nov 22, 2023 19:12:56 GMT
I don’t think this has been received quite as they were hoping for, has it?
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Post by yattongas on Nov 22, 2023 20:50:14 GMT
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Post by oldie on Nov 22, 2023 22:12:31 GMT
I don’t think this has been received quite as they were hoping for, has it? A spoof only lasts for so long |
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Post by supergas on Nov 23, 2023 5:58:22 GMT
...so no government prior to 2010 ran a structural deficit and grew the national debt? There is also a long list of other countries (who I guess you'd prefer our government was following in general) who are not currently making decisions that get them back to surplus so they can pay down their debt.... I think you are deliberately missing the point. The real point here is propaganda. Pretending that it was Government policy that brought down inflation when in fact it has been, in the main, external factors, then pretending we have increased capacity to borrow, as a result. When fact the economy has barely grown and the only reason there is more revenue is because this same Government raised the tax burden to its highest in modern history. But carry on, swallow this absolute nonsense. ...well are you saying it was government policies that increased inflation? Because - whilst I can't be bothered to see if you did - everyone from the Opposition to the media to many, many people on social media have been blaming the government for high inflation, yet like you many are now also saying they are not the reason it's coming down again....and I for one think anyone who has done both those just looks like an idiot... |
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Post by supergas on Nov 23, 2023 6:02:46 GMT
...easy! When was the last time the OBR made an economic prediction that was even vaguely accurate and not massively pessimistic? Whilst you check I will point out that unless they have suddenly found the correct set of tarrot cards to make their prediction with, this is 100% guaranteed not to happen [edit] No need, it'll be dismissed as just an OBR forecast. ...fair play, I should have read further down the thread  |
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Post by Gassy on Nov 23, 2023 7:45:39 GMT
So energy bills will go up again in Jan by £100 a month.
Strange, I thought the economy had taken a turn, we were in complete control, and the government is the sole reason for inflation down to 4.7%?
On a serious note, this is terrible timing for all and the timing on this is real eggs on faces of the Tories if inflation goes up again in the new year because of this
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Post by stuart1974 on Nov 23, 2023 8:26:02 GMT
So energy bills will go up again in Jan by £100 a month. Strange, I thought the economy had taken a turn, we were in complete control, and the government is the sole reason for inflation down to 4.7%? On a serious note, this is terrible timing for all and the timing on this is real eggs on faces of the Tories if inflation goes up again in the new year because of this Price cap guarantee goes too doesn't it? Even bigger jump. |
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Post by trevorgas on Nov 23, 2023 8:57:44 GMT
So energy bills will go up again in Jan by £100 a month. Strange, I thought the economy had taken a turn, we were in complete control, and the government is the sole reason for inflation down to 4.7%? On a serious note, this is terrible timing for all and the timing on this is real eggs on faces of the Tories if inflation goes up again in the new year because of this I think it's more like £100 a year for a typical house. |
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Post by oldie on Nov 23, 2023 9:09:17 GMT
I think you are deliberately missing the point. The real point here is propaganda. Pretending that it was Government policy that brought down inflation when in fact it has been, in the main, external factors, then pretending we have increased capacity to borrow, as a result. When fact the economy has barely grown and the only reason there is more revenue is because this same Government raised the tax burden to its highest in modern history. But carry on, swallow this absolute nonsense. ...well are you saying it was government policies that increased inflation? Because - whilst I can't be bothered to see if you did - everyone from the Opposition to the media to many, many people on social media have been blaming the government for high inflation, yet like you many are now also saying they are not the reason it's coming down again....and I for one think anyone who has done both those just looks like an idiot... No, it was clear that inflation was driven by international energy markets. Straw man arguments are such an obvious tactic Suprrgas |
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