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Truss Vindicated
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By (user no longer on site) OP 48 weeks ago
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So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation. |
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By *oo hotCouple 48 weeks ago
North West |
"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation."
How has Truss been vindicated? She was completely unsuited to the job and her ideological “vision” has never worked, and never will.
I do agree with you about the BoE though. The cause of the inflation that we are experiencing has nothing to do with consumers and so raising interest rates will not stop it. Energy price rises last year took money out of the consumer side and ever-increasing interest rate rises since have taken even more money out - yet still inflation increases.
Increasing Interest rates to curb inflation only works when consumer demand is causing inflation, current rises illustrate idiotic stubbornness by the BoE and this is letting the Government off the hook as it is they who could bring energy costs down and it is they who could make changes in the job market and at our borders.
Lower energy costs, lack of friction at the borders and a more mobile workforce would bring down inflation much more effectively than idiotic interest rate rises which at the moment are just punishing people. |
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By *irldnCouple 48 weeks ago
Brighton |
"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
How has Truss been vindicated? She was completely unsuited to the job and her ideological “vision” has never worked, and never will.
I do agree with you about the BoE though. The cause of the inflation that we are experiencing has nothing to do with consumers and so raising interest rates will not stop it. Energy price rises last year took money out of the consumer side and ever-increasing interest rate rises since have taken even more money out - yet still inflation increases.
Increasing Interest rates to curb inflation only works when consumer demand is causing inflation, current rises illustrate idiotic stubbornness by the BoE and this is letting the Government off the hook as it is they who could bring energy costs down and it is they who could make changes in the job market and at our borders.
Lower energy costs, lack of friction at the borders and a more mobile workforce would bring down inflation much more effectively than idiotic interest rate rises which at the moment are just punishing people."
I think you are giving Truss too much credit when you say “her ideological “vision” has never worked, and never will.”
The marionette had no vision of her own. She was a (rather poor) mouthpiece of her Tufton St paymasters. |
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By *irldnCouple 48 weeks ago
Brighton |
"We’re still waiting for the worst recession in living memory to materialise as predicted by Bailey six months ago. Truss looks good value compared with whatever we pay him. "
I agree with that. Bailey is an idiot. |
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Truss will never be coming back. We see this 'she completely fucked us' quite often but actually she didn't get the chance to do that. She's gone and good riddance.
Bailey now needs to do one, the guy is an idiot. |
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By (user no longer on site) 48 weeks ago
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"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation."
Comedy gold  |
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By *lfasoCouple 48 weeks ago
South East |
"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold "
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold. |
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By *irldnCouple 48 weeks ago
Brighton |
"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold. "
Maybe Truss and Kwartang just didn’t believe hard enough? |
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By (user no longer on site) OP 48 weeks ago
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"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold. "
If Labour gets into power their tune will change very rapidly. The policies will be exactly the same, but somehow the future will be so much brighter. |
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By *irldnCouple 48 weeks ago
Brighton |
"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold.
If Labour gets into power their tune will change very rapidly. The policies will be exactly the same, but somehow the future will be so much brighter."
Whoever gets in will be needing to clean up a shitshow. It is a bit of a poison chalice! |
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By (user no longer on site) OP 48 weeks ago
|
"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold.
If Labour gets into power their tune will change very rapidly. The policies will be exactly the same, but somehow the future will be so much brighter.
Whoever gets in will be needing to clean up a shitshow. It is a bit of a poison chalice!"
It will be interesting to see how Labour copes with an environment where there is literally no way of spending any more money. It's usually the position Labour leaves the Tories in.
It's difficult to see how Labour will come up with any policies at all if they aren't able to spend more. |
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By *irldnCouple 48 weeks ago
Brighton |
"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold.
If Labour gets into power their tune will change very rapidly. The policies will be exactly the same, but somehow the future will be so much brighter.
Whoever gets in will be needing to clean up a shitshow. It is a bit of a poison chalice!
It will be interesting to see how Labour copes with an environment where there is literally no way of spending any more money. It's usually the position Labour leaves the Tories in.
It's difficult to see how Labour will come up with any policies at all if they aren't able to spend more."
A country with a sovereign currency is never in a position of “having no money” but it depends on their attitude towards debt through the raising of gilts/bonds and also on tax/trade policy. |
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By (user no longer on site) OP 48 weeks ago
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"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold.
If Labour gets into power their tune will change very rapidly. The policies will be exactly the same, but somehow the future will be so much brighter.
Whoever gets in will be needing to clean up a shitshow. It is a bit of a poison chalice!
It will be interesting to see how Labour copes with an environment where there is literally no way of spending any more money. It's usually the position Labour leaves the Tories in.
It's difficult to see how Labour will come up with any policies at all if they aren't able to spend more.
A country with a sovereign currency is never in a position of “having no money” but it depends on their attitude towards debt through the raising of gilts/bonds and also on tax/trade policy."
Raising of bonds: Britain has highest borrowing rates in the G7
Raising of taxes: already the highest taxes in seventy years
You think we just need even more borrowing and taxation? |
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By *lfasoCouple 48 weeks ago
South East |
"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold.
If Labour gets into power their tune will change very rapidly. The policies will be exactly the same, but somehow the future will be so much brighter.
Whoever gets in will be needing to clean up a shitshow. It is a bit of a poison chalice!"
I don’t consider our position to be a ‘shitshow’.
I think the U.K. is better than any country I know. That’s why I live here rather than in another country.
Our economy is far more resilient than ‘experts’ predicted, we don’t suffer from famine, war or pestilence, and it would seem that the rest of the world agrees with me as they are literally queuing up to come here, bypassing many other countries en route. Can’t be all bad |
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By *irldnCouple 48 weeks ago
Brighton |
"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold.
If Labour gets into power their tune will change very rapidly. The policies will be exactly the same, but somehow the future will be so much brighter.
Whoever gets in will be needing to clean up a shitshow. It is a bit of a poison chalice!
I don’t consider our position to be a ‘shitshow’.
I think the U.K. is better than any country I know. That’s why I live here rather than in another country.
Our economy is far more resilient than ‘experts’ predicted, we don’t suffer from famine, war or pestilence, and it would seem that the rest of the world agrees with me as they are literally queuing up to come here, bypassing many other countries en route. Can’t be all bad "
Agree the UK is better than many places (maybe even most places). I live here because it is my home. But I think things were better in the 90s/00s. It all feels a bit...angry these days. |
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By *irldnCouple 48 weeks ago
Brighton |
"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold.
If Labour gets into power their tune will change very rapidly. The policies will be exactly the same, but somehow the future will be so much brighter.
Whoever gets in will be needing to clean up a shitshow. It is a bit of a poison chalice!
It will be interesting to see how Labour copes with an environment where there is literally no way of spending any more money. It's usually the position Labour leaves the Tories in.
It's difficult to see how Labour will come up with any policies at all if they aren't able to spend more.
A country with a sovereign currency is never in a position of “having no money” but it depends on their attitude towards debt through the raising of gilts/bonds and also on tax/trade policy.
Raising of bonds: Britain has highest borrowing rates in the G7
Raising of taxes: already the highest taxes in seventy years
You think we just need even more borrowing and taxation?"
Actually no. I think any Govt needs to address tax evasion and close loopholes that enable aggressive tax avoidance by corporations and individuals. Actually collecting the tax that should be collected will close a deficit.
Step 1 ensure companies pay tax on sales in the country the sale takes place rather than accept holding companies/HQ being in a tax haven charging an IP royalty to operational divisions so they are shown as loss making when the reality is plainly different! |
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"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
How has Truss been vindicated? She was completely unsuited to the job and her ideological “vision” has never worked, and never will.
I do agree with you about the BoE though. The cause of the inflation that we are experiencing has nothing to do with consumers and so raising interest rates will not stop it. Energy price rises last year took money out of the consumer side and ever-increasing interest rate rises since have taken even more money out - yet still inflation increases.
Increasing Interest rates to curb inflation only works when consumer demand is causing inflation, current rises illustrate idiotic stubbornness by the BoE and this is letting the Government off the hook as it is they who could bring energy costs down and it is they who could make changes in the job market and at our borders.
Lower energy costs, lack of friction at the borders and a more mobile workforce would bring down inflation much more effectively than idiotic interest rate rises which at the moment are just punishing people."
Her vision was never implemented. |
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By *irldnCouple 48 weeks ago
Brighton |
"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
How has Truss been vindicated? She was completely unsuited to the job and her ideological “vision” has never worked, and never will.
I do agree with you about the BoE though. The cause of the inflation that we are experiencing has nothing to do with consumers and so raising interest rates will not stop it. Energy price rises last year took money out of the consumer side and ever-increasing interest rate rises since have taken even more money out - yet still inflation increases.
Increasing Interest rates to curb inflation only works when consumer demand is causing inflation, current rises illustrate idiotic stubbornness by the BoE and this is letting the Government off the hook as it is they who could bring energy costs down and it is they who could make changes in the job market and at our borders.
Lower energy costs, lack of friction at the borders and a more mobile workforce would bring down inflation much more effectively than idiotic interest rate rises which at the moment are just punishing people.
Her vision was never implemented."
“Her” vision  |
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By (user no longer on site) 48 weeks ago
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"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold. "
‘No one else’ can you explain why thick Lizzie is no longer the PM? |
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By (user no longer on site) 48 weeks ago
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"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
How has Truss been vindicated? She was completely unsuited to the job and her ideological “vision” has never worked, and never will.
I do agree with you about the BoE though. The cause of the inflation that we are experiencing has nothing to do with consumers and so raising interest rates will not stop it. Energy price rises last year took money out of the consumer side and ever-increasing interest rate rises since have taken even more money out - yet still inflation increases.
Increasing Interest rates to curb inflation only works when consumer demand is causing inflation, current rises illustrate idiotic stubbornness by the BoE and this is letting the Government off the hook as it is they who could bring energy costs down and it is they who could make changes in the job market and at our borders.
Lower energy costs, lack of friction at the borders and a more mobile workforce would bring down inflation much more effectively than idiotic interest rate rises which at the moment are just punishing people.
Her vision was never implemented."
Thankfully not , how long did she last as PM ? |
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By *lfasoCouple 48 weeks ago
South East |
"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold.
‘No one else’ can you explain why thick Lizzie is no longer the PM? "
‘Thick Lizzie’ as you so eloquently put it has a degree from Oxford and was president of the Oxford Union during her flirtation with the Liberal Democrats. For someone who has previously set so much store by qualifications I am surprised that you called someone almost certainly more qualified than you ‘thick’.
The reason she is no longer PM is because she did not enjoy the same level of support from the parliamentary conservatives as she did from the membership. The Conservative mps ousted her, no one else did or could. |
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"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold.
‘No one else’ can you explain why thick Lizzie is no longer the PM?
‘Thick Lizzie’ as you so eloquently put it has a degree from Oxford and was president of the Oxford Union during her flirtation with the Liberal Democrats. For someone who has previously set so much store by qualifications I am surprised that you called someone almost certainly more qualified than you ‘thick’.
The reason she is no longer PM is because she did not enjoy the same level of support from the parliamentary conservatives as she did from the membership. The Conservative mps ousted her, no one else did or could."
insults is all they have. She was sadly.not backed by the rishi backers.
But he'll be gone after the disastrous election coming. |
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By (user no longer on site) 48 weeks ago
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"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold.
‘No one else’ can you explain why thick Lizzie is no longer the PM?
‘Thick Lizzie’ as you so eloquently put it has a degree from Oxford and was president of the Oxford Union during her flirtation with the Liberal Democrats. For someone who has previously set so much store by qualifications I am surprised that you called someone almost certainly more qualified than you ‘thick’.
The reason she is no longer PM is because she did not enjoy the same level of support from the parliamentary conservatives as she did from the membership. The Conservative mps ousted her, no one else did or could."
It’s always someone else’s fault , however My apologies, intelligent but crap PM Lizzie was dismissed as the PM for crashing the economy and being completely incompetent at the job |
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By (user no longer on site) 48 weeks ago
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"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold.
‘No one else’ can you explain why thick Lizzie is no longer the PM?
‘Thick Lizzie’ as you so eloquently put it has a degree from Oxford and was president of the Oxford Union during her flirtation with the Liberal Democrats. For someone who has previously set so much store by qualifications I am surprised that you called someone almost certainly more qualified than you ‘thick’.
The reason she is no longer PM is because she did not enjoy the same level of support from the parliamentary conservatives as she did from the membership. The Conservative mps ousted her, no one else did or could.
insults is all they have. She was sadly.not backed by the rishi backers.
But he'll be gone after the disastrous election coming."
It’s always someone else’s fault. Liz Truss crashed the economy, she was warned but was both arrogant and incompetent, she will never be PM again, Sunak is 100 times better than she was |
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By *lfasoCouple 48 weeks ago
South East |
"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold.
‘No one else’ can you explain why thick Lizzie is no longer the PM?
‘Thick Lizzie’ as you so eloquently put it has a degree from Oxford and was president of the Oxford Union during her flirtation with the Liberal Democrats. For someone who has previously set so much store by qualifications I am surprised that you called someone almost certainly more qualified than you ‘thick’.
The reason she is no longer PM is because she did not enjoy the same level of support from the parliamentary conservatives as she did from the membership. The Conservative mps ousted her, no one else did or could.
insults is all they have. She was sadly.not backed by the rishi backers.
But he'll be gone after the disastrous election coming.
It’s always someone else’s fault. Liz Truss crashed the economy, she was warned but was both arrogant and incompetent, she will never be PM again, Sunak is 100 times better than she was "
There is no evidence to suggest that our economy has crashed. Indeed other threads here have been exploring the reasons why our economy is faring better than Germany.
As mentioned above Gilts are now higher than in the days after the mini budget.
I am still curious why the BoE chose to announce the reversal of QE policy on the eve of the mini budget. That was a complete surprise to the ‘markets’ whereas nothing in the mini budget surprised anyone. |
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"Liz Truss crashed the economy ..."
We still seem to have a functioning economy, and recent forecasts say that it's not the worst in the world. Are you sure that 'crashed' is the word you want to use? |
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By (user no longer on site) 48 weeks ago
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"Liz Truss crashed the economy ...
We still seem to have a functioning economy, and recent forecasts say that it's not the worst in the world. Are you sure that 'crashed' is the word you want to use?"
Yes, |
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By (user no longer on site) 48 weeks ago
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"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold.
‘No one else’ can you explain why thick Lizzie is no longer the PM?
‘Thick Lizzie’ as you so eloquently put it has a degree from Oxford and was president of the Oxford Union during her flirtation with the Liberal Democrats. For someone who has previously set so much store by qualifications I am surprised that you called someone almost certainly more qualified than you ‘thick’.
The reason she is no longer PM is because she did not enjoy the same level of support from the parliamentary conservatives as she did from the membership. The Conservative mps ousted her, no one else did or could.
insults is all they have. She was sadly.not backed by the rishi backers.
But he'll be gone after the disastrous election coming.
It’s always someone else’s fault. Liz Truss crashed the economy, she was warned but was both arrogant and incompetent, she will never be PM again, Sunak is 100 times better than she was
There is no evidence to suggest that our economy has crashed. Indeed other threads here have been exploring the reasons why our economy is faring better than Germany.
As mentioned above Gilts are now higher than in the days after the mini budget.
I am still curious why the BoE chose to announce the reversal of QE policy on the eve of the mini budget. That was a complete surprise to the ‘markets’ whereas nothing in the mini budget surprised anyone. "
https://www.theguardian.com/uk-news/2022/sep/30/liz-truss-uk-economic-crisis |
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By (user no longer on site) 48 weeks ago
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"Liz Truss crashed the economy ...
We still seem to have a functioning economy, and recent forecasts say that it's not the worst in the world. Are you sure that 'crashed' is the word you want to use?"
Let me guess, you’re arguing and being pedantic about the meaning of the word ‘crashed’ |
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By (user no longer on site) OP 48 weeks ago
|
"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold.
‘No one else’ can you explain why thick Lizzie is no longer the PM?
‘Thick Lizzie’ as you so eloquently put it has a degree from Oxford and was president of the Oxford Union during her flirtation with the Liberal Democrats. For someone who has previously set so much store by qualifications I am surprised that you called someone almost certainly more qualified than you ‘thick’.
The reason she is no longer PM is because she did not enjoy the same level of support from the parliamentary conservatives as she did from the membership. The Conservative mps ousted her, no one else did or could.
insults is all they have. She was sadly.not backed by the rishi backers.
But he'll be gone after the disastrous election coming.
It’s always someone else’s fault. Liz Truss crashed the economy, she was warned but was both arrogant and incompetent, she will never be PM again, Sunak is 100 times better than she was
There is no evidence to suggest that our economy has crashed. Indeed other threads here have been exploring the reasons why our economy is faring better than Germany.
As mentioned above Gilts are now higher than in the days after the mini budget.
I am still curious why the BoE chose to announce the reversal of QE policy on the eve of the mini budget. That was a complete surprise to the ‘markets’ whereas nothing in the mini budget surprised anyone.
https://www.theguardian.com/uk-news/2022/sep/30/liz-truss-uk-economic-crisis"
I thought you didn't read the Guardian.
If this is where you get your "news" it's not surprising you are confused. |
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By (user no longer on site) 48 weeks ago
|
"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold.
‘No one else’ can you explain why thick Lizzie is no longer the PM?
‘Thick Lizzie’ as you so eloquently put it has a degree from Oxford and was president of the Oxford Union during her flirtation with the Liberal Democrats. For someone who has previously set so much store by qualifications I am surprised that you called someone almost certainly more qualified than you ‘thick’.
The reason she is no longer PM is because she did not enjoy the same level of support from the parliamentary conservatives as she did from the membership. The Conservative mps ousted her, no one else did or could.
insults is all they have. She was sadly.not backed by the rishi backers.
But he'll be gone after the disastrous election coming.
It’s always someone else’s fault. Liz Truss crashed the economy, she was warned but was both arrogant and incompetent, she will never be PM again, Sunak is 100 times better than she was
There is no evidence to suggest that our economy has crashed. Indeed other threads here have been exploring the reasons why our economy is faring better than Germany.
As mentioned above Gilts are now higher than in the days after the mini budget.
I am still curious why the BoE chose to announce the reversal of QE policy on the eve of the mini budget. That was a complete surprise to the ‘markets’ whereas nothing in the mini budget surprised anyone.
https://www.theguardian.com/uk-news/2022/sep/30/liz-truss-uk-economic-crisis
I thought you didn't read the Guardian.
If this is where you get your "news" it's not surprising you are confused."
https://www.politico.eu/article/britain-economy-liz-truss-mistakes-markets-tax-kwarteng/amp/
https://www.ft.com/content/736a695d-61f6-4e84-a567-fb92ed2a3dca
Plenty more if you need them
|
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"Liz Truss crashed the economy ..."
"We still seem to have a functioning economy, and recent forecasts say that it's not the worst in the world. Are you sure that 'crashed' is the word you want to use?"
"Let me guess, you’re arguing and being pedantic about the meaning of the word ‘crashed’"
No, I'm trying to point out to you why no one listens to anything you say. If you use overly emotional phrases like "crashed the economy", your audience is going to look around them and think "I don't see any signs of that, maybe he's wrong".
I completely agree with you that the UK took a hit to its economy when Truss got elected, but it's better described as a minor slowing down of the economy, rather than a 'crash'.
Arguing with emotions works well at persuading people, until there's an obvious disconnect with reality, at which point you lose your audience. |
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By (user no longer on site) 48 weeks ago
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"Liz Truss crashed the economy ...
We still seem to have a functioning economy, and recent forecasts say that it's not the worst in the world. Are you sure that 'crashed' is the word you want to use?
Let me guess, you’re arguing and being pedantic about the meaning of the word ‘crashed’
No, I'm trying to point out to you why no one listens to anything you say. If you use overly emotional phrases like "crashed the economy", your audience is going to look around them and think "I don't see any signs of that, maybe he's wrong".
I completely agree with you that the UK took a hit to its economy when Truss got elected, but it's better described as a minor slowing down of the economy, rather than a 'crash'.
Arguing with emotions works well at persuading people, until there's an obvious disconnect with reality, at which point you lose your audience."
You’re listening, reading and replying, no one is forcing you , you can ignore in future |
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I'm confused how this vindicates Liz Truss. Accepting that there may be political bias, the telegraph said
"Government borrowing costs have surged back to levels last seen under Liz Truss's ill-fated premiership after markets were spooked by stronger than expected core inflation in Britain."
Being as bad as truss hardly suggests she was right ! |
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"I'm confused how this vindicates Liz Truss. Accepting that there may be political bias, the telegraph said
"Government borrowing costs have surged back to levels last seen under Liz Truss's ill-fated premiership after markets were spooked by stronger than expected core inflation in Britain."
Being as bad as truss hardly suggests she was right !"
I think the OP is trolling Conservative voters by posting the most ridiculous nonsense they can think of. |
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By (user no longer on site) 48 weeks ago
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"I'm confused how this vindicates Liz Truss. Accepting that there may be political bias, the telegraph said
"Government borrowing costs have surged back to levels last seen under Liz Truss's ill-fated premiership after markets were spooked by stronger than expected core inflation in Britain."
Being as bad as truss hardly suggests she was right !
I think the OP is trolling Conservative voters by posting the most ridiculous nonsense they can think of."
Possibly, it’s hard to tell these days, |
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By *irldnCouple 48 weeks ago
Brighton |
"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold.
‘No one else’ can you explain why thick Lizzie is no longer the PM?
‘Thick Lizzie’ as you so eloquently put it has a degree from Oxford and was president of the Oxford Union during her flirtation with the Liberal Democrats. For someone who has previously set so much store by qualifications I am surprised that you called someone almost certainly more qualified than you ‘thick’.
The reason she is no longer PM is because she did not enjoy the same level of support from the parliamentary conservatives as she did from the membership. The Conservative mps ousted her, no one else did or could."
Degree’s from Oxford aren’t THAT rare 
She was widely derided at Uni. A bit of a joke. |
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By *oo hotCouple 48 weeks ago
North West |
"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold.
If Labour gets into power their tune will change very rapidly. The policies will be exactly the same, but somehow the future will be so much brighter.
Whoever gets in will be needing to clean up a shitshow. It is a bit of a poison chalice!
It will be interesting to see how Labour copes with an environment where there is literally no way of spending any more money. It's usually the position Labour leaves the Tories in.
It's difficult to see how Labour will come up with any policies at all if they aren't able to spend more."
A way out of our mess is to tax progressively and tax imaginatively. Squeezing poor people leaves them with nothing, squeezing billionaires just means that billionaires remain billionaires but contribute more to the country. There are also non residency loopholes for property owners which can and should be closed. There is good reason why entire apartment buildings get sold off plan in China and Dubai and this can be a source of tax revenue.
Immigration “costs” can be reduced by investing again in higher education with fixed term work contracts in exchange for education funding - for NHS and all Civil Service employees. Short term cost - yes, but a long term plan that will turn the tide.
Local Governments need to have autonomy to raise revenue imaginatively too. Rental inspections and building code enforcement would raise revenue and keep communities looking tidy.
Raising the VAT threshold would increase productivity overnight.
There are loads of things that a government can do if they choose to look at the fundamentals of the issues that we face and not be blinded by ideology. |
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By *andy 1Couple 48 weeks ago
northeast |
"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold.
If Labour gets into power their tune will change very rapidly. The policies will be exactly the same, but somehow the future will be so much brighter.
Whoever gets in will be needing to clean up a shitshow. It is a bit of a poison chalice!
I don’t consider our position to be a ‘shitshow’.
I think the U.K. is better than any country I know. That’s why I live here rather than in another country.
Our economy is far more resilient than ‘experts’ predicted, we don’t suffer from famine, war or pestilence, and it would seem that the rest of the world agrees with me as they are literally queuing up to come here, bypassing many other countries en route. Can’t be all bad "
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By (user no longer on site) 48 weeks ago
|
"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold.
If Labour gets into power their tune will change very rapidly. The policies will be exactly the same, but somehow the future will be so much brighter.
Whoever gets in will be needing to clean up a shitshow. It is a bit of a poison chalice!
I don’t consider our position to be a ‘shitshow’.
I think the U.K. is better than any country I know. That’s why I live here rather than in another country.
Our economy is far more resilient than ‘experts’ predicted, we don’t suffer from famine, war or pestilence, and it would seem that the rest of the world agrees with me as they are literally queuing up to come here, bypassing many other countries en route. Can’t be all bad "
Wow, a 9 thumber. Impressive |
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"So Britain's borrowing costs are now the highest in the G7, for the first time since 2007.
Mortgage rates are rising again, with more interest rate rises on the cards.
It turns out that dumping Truss and installing a globalist PM and dull Chancellor to carry on with the high tax, high spend, and high borrowing and money printing has surprisingly made little difference.
Meanwhile at the Bank of England, whose job it is to keep inflation below 2%, Bailey scrambles around for others to blame for inflation remaining out of control. The Pandemic, Ukraine, Brexit. Anyone but himself.
Time to dump all these clowns and bring back Truss to stabilise the situation.
Comedy gold
Strangely no-one else finds it amusing.
Quite why the IMF, Bailey and a couple of regular commentators on here delight in negative prophecies is a mystery to me. It’s the equivalent of Pte Fraser in Dad’s Army; we’re all doomed, doomed I tell ye. Now that, was comedy gold.
If Labour gets into power their tune will change very rapidly. The policies will be exactly the same, but somehow the future will be so much brighter.
Whoever gets in will be needing to clean up a shitshow. It is a bit of a poison chalice!
I don’t consider our position to be a ‘shitshow’.
I think the U.K. is better than any country I know. That’s why I live here rather than in another country.
Our economy is far more resilient than ‘experts’ predicted, we don’t suffer from famine, war or pestilence, and it would seem that the rest of the world agrees with me as they are literally queuing up to come here, bypassing many other countries en route. Can’t be all bad
Wow, a 9 thumber. Impressive "
Sounds kinky. |
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By (user no longer on site) 48 weeks ago
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You can argue all you like about figures and forecasts. But from what seeing at Microeconomic level, the economy is crashing.
See more and more businesses closing on the high Street. Especially the pubs and restaurants. |
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