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Liz Truss will 'deliver' on Boris Johnson's tax cuts, says Kwasi Kwarteng

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Liz Truss Tory leadership

 

Liz Truss will "deliver" on Boris Johnson's tax cuts, the Business Secretary has said.

Kwasi Kwarteng, who is backing Ms Truss to become the next Conservative leader and prime minister, argued the current tax burden - which stands at a 70-year high - is not "sustainable".

 

Mr Kwarteng told Sky: "What she is very credible about is the idea you can't tax your way to growth. No country in the history of the world has ever grown its economy by simply increasing taxes.

 

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    Under the Tories, the rich got richer whilst the middle class, working class and poor got poorer. Average UK household £8,800 a year worse off than those in France or Germany The UK’s failur

  • Yes, it was obviously Labour who were lending in the sub-prime market and it was labour that ran Lehmans Bank. Yes, the 2008 world financial crash was obviously caused by Labour. And yet, after 1

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    "What she is very credible about is the idea you can't tax your way to growth. No country in the history of the world has ever grown its economy by simply increasing taxes." Simple minded stateme

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Think I prefer her to Rishi

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And cut public services in a society already floundering after over a decade of Tory austerity.

 

 

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 "What she is very credible about is the idea you can't tax your way to growth. No country in the history of the world has ever grown its economy by simply increasing taxes."

Simple minded statements like this belong with that tired conservative nostrum "Tax cuts pay for themselves."

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1 hour ago, Chomper Higgot said:

And cut public services in a society already floundering after over a decade of Tory austerity.

 

 

It took years of austerity to sort out the mess left by Labour’s financial mismanagement. Remember the note they left: “Sorry, there’s no money left.”

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17 minutes ago, Loiner said:

It took years of austerity to sort out the mess left by Labour’s financial mismanagement. Remember the note they left: “Sorry, there’s no money left.”

Under the Tories, the rich got richer whilst the middle class, working class and poor got poorer.

Average UK household £8,800 a year worse off than those in France or Germany

The UK’s failure to get serious about inequality and weak growth over the past 15 years has left the average British household £8,800 poorer than its equivalent in five comparable countries, research has found.

A “toxic combination” of poor productivity and a failure to narrow the divide between rich and poor had resulted in a widening prosperity gap with France, Germany, Australia, Canada and the Netherlands, the report from the Resolution Foundation said.

The thinktank said that if the UK matched the average income and inequality levels of those countries, typical household incomes in Britain would be a third higher and those of the poorest households two-fifths greater.

https://www.theguardian.com/business/2022/jul/13/average-uk-household-8800-a-year-worse-off-than-those-in-france-or-germany

 

UK Living Standards Audit 2022: Stagnant wages have left millions “brutally exposed”

Fifteen years of stagnating wages in Britain have left millions of the poorest paid workers defenceless in the face of rising inflation, resulting in an unprecedented “income shock”. Around 10 million people are being pushed into “severe levels of poverty”, according to a new report by the Resolution Foundation.

Living Standards Audit 2022, published on July 4, found that 15 years of falling wages have left millions of people “brutally exposed” to what it described as a “catastrophic” cost-of-living crisis.

While those on low and middle incomes have seen their pay stagnate, or even decline in real terms, those at the top have watched their wealth skyrocket.

https://www.wsws.org/en/articles/2022/07/08/opsl-j08.html

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25 minutes ago, placeholder said:

Under the Tories, the rich got richer whilst the middle class, working class and poor got poorer.

Average UK household £8,800 a year worse off than those in France or Germany

The UK’s failure to get serious about inequality and weak growth over the past 15 years has left the average British household £8,800 poorer than its equivalent in five comparable countries, research has found.

A “toxic combination” of poor productivity and a failure to narrow the divide between rich and poor had resulted in a widening prosperity gap with France, Germany, Australia, Canada and the Netherlands, the report from the Resolution Foundation said.

The thinktank said that if the UK matched the average income and inequality levels of those countries, typical household incomes in Britain would be a third higher and those of the poorest households two-fifths greater.

https://www.theguardian.com/business/2022/jul/13/average-uk-household-8800-a-year-worse-off-than-those-in-france-or-germany

 

UK Living Standards Audit 2022: Stagnant wages have left millions “brutally exposed”

Fifteen years of stagnating wages in Britain have left millions of the poorest paid workers defenceless in the face of rising inflation, resulting in an unprecedented “income shock”. Around 10 million people are being pushed into “severe levels of poverty”, according to a new report by the Resolution Foundation.

Living Standards Audit 2022, published on July 4, found that 15 years of falling wages have left millions of people “brutally exposed” to what it described as a “catastrophic” cost-of-living crisis.

While those on low and middle incomes have seen their pay stagnate, or even decline in real terms, those at the top have watched their wealth skyrocket.

https://www.wsws.org/en/articles/2022/07/08/opsl-j08.html

Nothing in there to show how Labour would have done anything better. Higher taxes, higher waste and higher squandering of the public purse. 
Labour would just make us all poorer still.   

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1 hour ago, Loiner said:

Nothing in there to show how Labour would have done anything better. Higher taxes, higher waste and higher squandering of the public purse. 
Labour would just make us all poorer still.   

Getting you back on topic.

 

This government, in which both candidates have been ministers, has handed tens of billions of pounds of tax payers money to chums if the Government members with zero benefit to the public.

 

Both candidates are mired in the corrupt record of the government in which they served and supported.

6 minutes ago, Chomper Higgot said:

has handed tens of billions of pounds of tax payers money to chums if the Government members with zero benefit to the public.

Could you provide some examples of what you referring to ?

Show what the tens of Billions of Pounds are 

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5 minutes ago, Chomper Higgot said:

That is money that the campaign groups considers the have been wasted , like things that passed their expiry date  , storage costs  , unsuitable equipment and the Gov paying to get out of contract and over paying when the cost of PPE rose . 

  It could be considered to be wasted money , but it wasn't money given to chums 

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35 minutes ago, Chomper Higgot said:

Getting you back on topic.

 

This government, in which both candidates have been ministers, has handed tens of billions of pounds of tax payers money to chums if the Government members with zero benefit to the public.

 

Both candidates are mired in the corrupt record of the government in which they served and supported.

Both candidates have done and will continue to do infinitely better than any Labour chancer would do. 
 

Tens of Billions? Just a scotch rag’s made up nonsense. 

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14 minutes ago, Mac Mickmanus said:

That is money that the campaign groups considers the have been wasted , like things that passed their expiry date  , storage costs  , unsuitable equipment and the Gov paying to get out of contract and over paying when the cost of PPE rose . 

  It could be considered to be wasted money , but it wasn't money given to chums 

Except who was given the contracts for these useless goods and failed services?

 

https://www.bbc.co.uk/news/uk-56319927.amp

3 minutes ago, Chomper Higgot said:

Except who was given the contracts for these useless goods and failed services?

 

https://www.bbc.co.uk/news/uk-56319927.amp

Yes, everyone was in a rush to get covid tests developed and made as quick as possible  and they didn't go through the usual procedures of companies bidding for the contract . 

   Now you are claiming that covid testing kits are useless and  waste of money 

 

From your link :

A healthcare firm, which employs Conservative MP Owen Paterson as a paid consultant, won a £133m contract unopposed to produce Covid-19 testing kits, the Guardian reveals.

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1 minute ago, Mac Mickmanus said:

Yes, everyone was in a rush to get covid tests developed and made as quick as possible  and they didn't go through the usual procedures of companies bidding for the contract . 

   Now you are claiming that covid testing kits are useless and  waste of money 

 

From your link :

A healthcare firm, which employs Conservative MP Owen Paterson as a paid consultant, won a £133m contract unopposed to produce Covid-19 testing kits, the Guardian reveals.

Please use the forum’s quote function to present evidence of me claiming “that covid testing kits are useless and  waste of money

 

That’s a very specific allegation you have made.

 

Now back it up or retract it.

29 minutes ago, Chomper Higgot said:

Please use the forum’s quote function to present evidence of me claiming “that covid testing kits are useless and  waste of money

 

That’s a very specific allegation you have made.

 

Now back it up or retract it.

You stated that Billions of pounds was wasted and given to chums of Boris and the prove Billions of pounds was wasted and given to chums of Boris, you provided a link which showed Millions was given to a Company to make Covid testing kits 

   You claimed that they were  "useless goods"

And in the link you provided to show the "useless goods " is this :

 

A healthcare firm, which employs Conservative MP Owen Paterson as a paid consultant, won a £133m contract unopposed to produce Covid-19 testing kits, the Guardian reveals.

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23 minutes ago, Mac Mickmanus said:

You stated that Billions of pounds was wasted and given to chums of Boris and the prove Billions of pounds was wasted and given to chums of Boris, you provided a link which showed Millions was given to a Company to make Covid testing kits 

   You claimed that they were  "useless goods"

And in the link you provided to show the "useless goods " is this :

 

A healthcare firm, which employs Conservative MP Owen Paterson as a paid consultant, won a £133m contract unopposed to produce Covid-19 testing kits, the Guardian reveals.

Stop dodging.

 

This is your assertion in your exact words:

 

“Now you are claiming that covid testing kits are useless and  waste of money “

 

Provide evidence of me “ claiming that covid testing kits are useless and  waste of money

 

Or retract.

 

Come on now, quote me.

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10 minutes ago, Mac Mickmanus said:

From the link 

 

A healthcare firm, which employs Conservative MP Owen Paterson as a paid consultant, won a £133m contract unopposed to produce Covid-19 testing kits, the Guardian reveals.

OK, so you don’t have any evidence to back up your claim ( in your own words):  

 

Now you are claiming that covid testing kits are useless and  waste of money

 

You don’t even have evidence of me mentioning ‘COVID-19 Test Kits’.

 

You’ve got nothing, you’ve made assertions that you can’t back up.

 

For some reason you can’t bring yourself to admit you made a baseless accusation.

 

Retract, you’ll feel better for doing the right thing.

10 minutes ago, Chomper Higgot said:

OK, so you don’t have any evidence to back up your claim ( in your own words):  

 

Now you are claiming that covid testing kits are useless and  waste of money

 

You don’t even have evidence of me mentioning ‘COVID-19 Test Kits’.

 

You’ve got nothing, you’ve made assertions that you can’t back up.

 

For some reason you can’t bring yourself to admit you made a baseless accusation.

 

Retract, you’ll feel better for doing the right thing.

It was written in the link you provided and you provided that link to backup your claim that

  "Except who was given the contracts for these useless goods and failed services?"

  And in the link that you provided it it showed contracts given to make Covid-19 tests 

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6 hours ago, Loiner said:

Nothing in there to show how Labour would have done anything better. Higher taxes, higher waste and higher squandering of the public purse. 
Labour would just make us all poorer still.   

So your defense of the Conservatives is that their performance was bad but Labour's would have been worse?

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Watchdog criticises UK government for COVID procurement amid 'chumocracy' claims

LONDON (Reuters) - The British government did not properly document key decisions nor was it open enough about billions of pounds of contracts handed out during the COVID-19 pandemic, its spending watchdog has said, as critics accuse ministers of running a “chumocracy”.

The National Audit Office (NAO) said on Wednesday there had been a lack of transparency and a failure to explain why certain suppliers were chosen, or how any conflict of interest was dealt with, over 18 billion pounds ($24 billion) in procurement deals made between March and the end of July, often with no competition.

The report comes amid growing criticism some multi-million pound contracts were awarded during the coronavirus crisis to companies with links to ministers, lawmakers and officials.

https://www.reuters.com/article/health-coronavirus-britain-procurement-idINKBN27Y07Q

  • Popular Post
12 hours ago, Loiner said:

It took years of austerity to sort out the mess left by Labour’s financial mismanagement. Remember the note they left: “Sorry, there’s no money left.”

Yes, it was obviously Labour who were lending in the sub-prime market and it was labour that ran Lehmans Bank. Yes, the 2008 world financial crash was obviously caused by Labour.

And yet, after 12 years of perfect Tory financial management we are worse off (excluding the banks who managed to wangle £800bn through QE and the super rich who increased their wealth exponentially).

  • Popular Post
6 hours ago, placeholder said:

So your defense of the Conservatives is that their performance was bad but Labour's would have been worse?

Exactly. The current crop of politicians on both sides is the worst in living memory. Believing that changing one set of clowns for another is going to improve anything is living in cloud cuckoo land.

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14 hours ago, Chomper Higgot said:

And cut public services in a society already floundering after over a decade of Tory austerity.

 

 

Austerity, aka living within your means (which incidentally they didn't even achieve).

10 minutes ago, roquefort said:

Exactly. The current crop of politicians on both sides is the worst in living memory. Believing that changing one set of clowns for another is going to improve anything is living in cloud cuckoo land.

And the reverse side of that coin says 'What have we got to lose?'

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16 minutes ago, roquefort said:

Exactly. The current crop of politicians on both sides is the worst in living memory. Believing that changing one set of clowns for another is going to improve anything is living in cloud cuckoo land.

This is the kind of nonsense  delivers Governments that are not representative of the people by means of deterring voter participation.

 

There are very clear differences between the major parties, the one in power has a record of corruption, law breaking and incompetence. 
 

 

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37 minutes ago, Chomper Higgot said:

There are very clear differences between the major parties, the one in power has a record of corruption, law breaking and incompetence. 
 

 

And the other one doesn't? How about the illegal invasion of Iraq for starters?

7 minutes ago, roquefort said:

And the other one doesn't? How about the illegal invasion of Iraq for starters?

How about staying on topic?!

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