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Labour Government’s Bold Claim to “honesty with voters” Has Unraveled Quickly


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IMO the Labour Budget was ok - seeking to balance planned current expenditure with current income. As I understand it, extra borrowing will be to finance capital projects which makes reasonable sense.

 

The UK and many Western Nations do though, have an ongoing problem with National Debt and the cost of servicing it. It's not helpful to whinge. We should bear in mind that each human in the UK has, on average, a standard of living that has been indulged, historically, to the tune of £40,000, (that's per man, woman and child), so there'll be lots more pain to come one day whichever Govt. has the misfortune to be in power.

 

As for Reeves efforts, well if anything, it's a bit timid . . .  no attempt to address the 'triple lock', (which has to go asap) and no attempt to tackle the murderous future ongoing costs of gold plated Public Service pensions. Putting Stamp Duty on 2nd homes up from 3% to 5% is a paltry effort. A 25% rate would have shown some intent !

 

 

 

 

 

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2 hours ago, Nick Carter icp said:

 

   Seems like Labour were lying about a £22 Billion black hole .

Reason being that they could blame Tories for everything .

"Seems like Labour were lying about a £22 Billion black hole" . They lie about everything else so why not the £2 Billion black hole

The Government of the working class?????????

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2 hours ago, Denim said:

 

That last is the second best thing to do.

 

The best thing to do is learn Afghani  , go to France , throw away your passport etc then come back in a rubber boat and claim asylum.

Go on then. Do it.

 

You'll then find out how it all actually works. It might even stop you making idiotic comments.

 

 

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8 hours ago, RichardColeman said:

Only uneducated idiots voted for labour, those with intelligence knew exactly who they were, their experience and what would happen.

 

Same happened in the US with the idiots Biden and Harris. The left cannot run a country. Can but hope the right gets itself kicked out and liebour are a one term disaster

Data shows exactly the opposite of your claim.

 

The 'left-wing' U.S. has been leading by far for post-Covid recovery, while the right-wing UK has been trailing other G7 countries (except Germany, for readons we know)

https://commonslibrary.parliament.uk/research-briefings/sn02784/

 

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Edited by candide
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8 hours ago, James105 said:

Well done Labour.  Well done.   Economically illiterate morons.   

 

Isn't that what so many of you demand for Thai baht? And how good it would be if it fell, increased competitiveness, more tourism and all that yadayadayada... So, following this logic, labour government is a God-sent to UK to save its economy and make life easier for the expats there!

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6 minutes ago, Chomper Higgot said:

You expect?

 

 

 

  Well, have Labour launched an investigation yet ito Covid financial irregularities .

   I would personally like to find out whether there was a connection between the Covid quarantine hotels and the people who made that rule, whether any Government officials profited out of it 

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1 minute ago, tomazbodner said:

Isn't that what so many of you demand for Thai baht? And how good it would be if it fell, increased competitiveness, more tourism and all that yadayadayada... So, following this logic, labour government is a God-sent to UK to save its economy and make life easier for the expats there!

 

1. Thailand economy != UK economy.   It relies on tourism so would benefit from a weaker baht.

2. This thread is about UK budget, not Thailand.  

3. When the pound last tanked and the gilts rose following Liz Truss budget leftists here had a meltdown over it.  They seem to be more relaxed about the same thing happening here.   

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Just now, James105 said:

 

1. Thailand economy != UK economy.   It relies on tourism so would benefit from a weaker baht.

2. This thread is about UK budget, not Thailand.  

3. When the pound last tanked and the gilts rose following Liz Truss budget leftists here had a meltdown over it.  They seem to be more relaxed about the same thing happening here.   

 

2016 :  Pound weakens and its terrible for the UK economy and its Brexit's fault , Conservatives fault 

2024 : Pound weakens and its great for the economy, well done Labour

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