RayC
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That he gave a job to a serial groper showed a serious lack of judgement, but what done for Johnson was that he lied - sorry "misled" - people about knowing about this individual's indiscretion. This was the latest in a series where Johnson had misled his colleagues and parliament. That was the straw that broke the camel's back.
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Read Johnson's speech and then tell me that you seriously believe that he wanted to resign and, that if hadn't, he would still be PM today?https://www.google.com/amp/s/amp.spectator.co.uk/article/full-text-boris-johnson-s-resignation-speech/amp Johnson had no other choice than resign. Ministers were resigning left, right and centre. If he hadn't resigned, there is a strong possibility that he wouldn't have been able to fill all the ministerial positions in his government. What would have most likely happened then is that the 1922 committee would have amended their rules so that another 'No confidence' vote among Tory MPs could have taken place, a vote that Johnson would have lost.
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Viktor Orbán turns Texas conference into transatlantic far-right love-in
RayC replied to Scott's topic in World News
Obviously mother's milk in the UK is lacking in Vitamin Socialism, given that a centre-right government has been in power for the past 12 years and the last UK government, that one might loosely label Socialist was in the 1970s. -
Liz Truss quoted in an FT interview on Thursday: "The way I would do things is in a Conservative way of lowering the tax burden, not giving out handouts." Irrespective of one's opinion of its' merits, I would have thought that this was a pretty clear message. However, seems like I and, no doubt, others were mistaken. From the BBC website today: "Penny Mordaunt, a former Conservative leadership contender, said Ms Truss had not ruled out expanding direct payments - and that to say so was "overinterpreting what she said"." Are there any policy statements that will last more than a few days before Truss backtracks on them?
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For those that refuse to read a Guardian article as a matter of principle, here is a sample of what Sunak said. Imo difficult to disagree with it: “We need to get real about this situation. It’s simply wrong to rule out further direct support at this time as Liz Truss has done, and what’s more, her tax proposals are not going to help very significantly people like pensioners or those on low incomes who are exactly the kind of families that are going to need help.”
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Fortunately, the UK government does not need to repay the public sector debt (+/-£2,500bn) - of which Covid costs are part - it needs to finance the deficit (currently +/-£25bn), and ideally pay the debt back over a (prolonged) period of time. I can't find much detail about Trusses' proposed tax cuts. However, the idea that tax cuts will stimulate consumer demand in the current economic circumstances i.e. growing household debt, rising interest rates to the extent that the government's tax revenue is maintained/ increased is an unproven gamble. If this gamble fails, in order to finance the loss of government revenue, Truss will either have to 'print' money - difficult, expensive and likely to be poorly received by the financial markets - and/or cut public expenditure on services, which will hit those who can least afford it the hardest.
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I agree with much of what you say and whoever takes over as PM will certainly have their hands full (largely due to circumstances beyond their control). However, I am curious about your second paragraph: "The Covid cost will need to be paid for through tax adjustments." What do you mean by this? That there should be an increase in taxes?
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Depends how you define Brexit. If you simply mean that we have left the EU, then agreed. However, if you extend the definition to include the effects of leaving then we don't have it eg. the UK government's desire to renegotiate the Withdrawal Agreement. Fact! Agreed, Liz Truss could become the next UK PM and the reason for that? The last incumbent was considered unsuitable by his fellow MPs. Fact! Untrue. The relationship between the Labour Party and the Unions remains unchanged. Fact!