comment by Striketeam7 - the smartest person you know - Bronze medal khunt 2022 - Buy..Bellingham and another mid 20s Thiago type...lets just call him "frank" (U18109)
posted 3 hours, 22 minutes ago
This is why when a PM goes mid term another election should be mandatory within 3 months - now obviously she didn’t last that long, but it might have made the Tories think she will be a faaaacking disaster we can’t have her anywhere near it.
That mini budget has faaacked things for years - mortgage rates, CGT allowance being hacked to death, spiralling debt.
----------------------------------------------------------------------
Disagree about the long term effects of the mini budget, disastrous as it was at the time. The pound is stronger than it was PRE-Truss, and on Friday the FTSE closed at an ALL-TIME high … things that are barely getting a mention by a media who were borderline hysterical 24/7 when things were moving the other way. Gas and oil prices are plummeting, which will filter through to both consumers and business, and inflation rates, in the coming months. Interest rates are widely thought to be near to peaking … and are pretty much in line with what’s happening in every other major economy. Yes, the Tories are totally fooked, and I expected much more when Sunak took the reins from the previous car crash … just think it’s not ALL gloom and doom.
comment by Busby (U19985)
posted 50 minutes ago
comment by Tarrico_sees_red (U5595)
posted 1 hour ago
comment by Busby (U19985)
posted 7 minutes ago
comment by Tarrico_sees_red (U5595)
posted 2 minutes ago
Why is always a Left-wing conspriracy when right-wingers get things all wrong?
She is poisonously thick
----------------------------------------------------------------------
Such is the state of politics. There are individuals in every party who are stupidly thick. It’s crazy how these people get into such positions.
We need radical change in politics.
----------------------------------------------------------------------
Like the shat show of Brexit is because of remainers not the people who sold and voted for it.
Like the state of public services is nothing to do with 13 years of Tory rule.
Like inflation is nothing to do with the distribution of wealth.
----------------------------------------------------------------------
Like I said above I’m looking forward to the end of the tories regime.
Let’s not pretend Covid and war haven’t cause high interest rates, inflation and austerity world wide though.
----------------------------------------------------------------------
This.
comment by manusince52 (U9692)
posted 2 hours, 31 minutes ago
I don't hate her, because I don't know her. But her brief time as PM was characterised by daftness and
----------------------------------------------------------------------
I hope you have not had a Macca moment there 52 and dropped dead.
Comment deleted by Site Moderator
How many Millions did Michelle Mone, the Tory peer swindle?
comment by Tarrico_sees_red (U5595)
posted 1 hour, 47 minutes ago
comment by Busby (U19985)
posted 1 hour, 15 minutes ago
comment by Tarrico_sees_red (U5595)
posted 1 hour ago
comment by Busby (U19985)
posted 7 minutes ago
comment by Tarrico_sees_red (U5595)
posted 2 minutes ago
Why is always a Left-wing conspriracy when right-wingers get things all wrong?
She is poisonously thick
----------------------------------------------------------------------
Such is the state of politics. There are individuals in every party who are stupidly thick. It’s crazy how these people get into such positions.
We need radical change in politics.
----------------------------------------------------------------------
Like the shat show of Brexit is because of remainers not the people who sold and voted for it.
Like the state of public services is nothing to do with 13 years of Tory rule.
Like inflation is nothing to do with the distribution of wealth.
----------------------------------------------------------------------
Like I said above I’m looking forward to the end of the tories regime.
Let’s not pretend Covid and war haven’t cause high interest rates, inflation and austerity world wide though.
----------------------------------------------------------------------
The stories gave out £700 billion during Covid - that’s the equivalent of £14k for every adult in the country.
Do you have an extra £14k? I don’t. Nobody I know does.
So where did it go? They’re not even looking
----------------------------------------------------------------------
A lot do people got a lot more than £14k for not working. Something I didn’t agree at the time and we will be paying for that over the next decade.
OP, she is right. There wasn't enough time to see how it would have played out.
Over a 1 month period her decisions created volatility however, over a 6-18 month period, her policies could have actually played out well for the country.
If you accept that inflation is outside of our control (which it is) then preparing the economy for growth could have put us in a good position once it has resolved itself.
Inflation has more to do with global factors such as the price of energy, money supply and global supply chain issues rather than whatever the UK political class are doing.
Over the next 6 months we will see how well it improves. But if it does improve how we expect it to then it won't be because of anything the UK government does and it may have actually been a better option to build the economy during this period.
We'll never know, but the strategy wasn't as nuts as people made it out to be.
comment by add912 (U9189)
posted 49 minutes ago
OP, she is right. There wasn't enough time to see how it would have played out.
Over a 1 month period her decisions created volatility however, over a 6-18 month period, her policies could have actually played out well for the country.
If you accept that inflation is outside of our control (which it is) then preparing the economy for growth could have put us in a good position once it has resolved itself.
Inflation has more to do with global factors such as the price of energy, money supply and global supply chain issues rather than whatever the UK political class are doing.
Over the next 6 months we will see how well it improves. But if it does improve how we expect it to then it won't be because of anything the UK government does and it may have actually been a better option to build the economy during this period.
We'll never know, but the strategy wasn't as nuts as people made it out to be.
----------------------------------------------------------------------
It’s this kind of insane thinking she’s relying on to get back into serious politics again - people utterly daft enough to swallow the whole “yeah but I didn’t have time” argument
1. Inflation may be beyond our direct control but you don’t fuel it with tax cuts. That’s just basic economics - even Thatcher understand that
2. Her decisions created volatility? That’s a dressed up way of saying her announcement of completely unfunded tax cuts which gambled on future growth sent the markets into such a state of shock the pound crashed and the BoE had to step in
3. Her subsequent u-turns (because she had to make them to survive) render your argument invalid. Had she stayed in post we would never have got the chance to see it her reckless gamble paid off - because she towed back on everything. It’s this point people seem to forget - she had no conviction in anything she was doing
comment by 99 Problems (Top - invest in the squad and sack Rodgers) (U12353)
posted 1 day, 1 hour ago
comment by add912 (U9189)
posted 49 minutes ago
OP, she is right. There wasn't enough time to see how it would have played out.
Over a 1 month period her decisions created volatility however, over a 6-18 month period, her policies could have actually played out well for the country.
If you accept that inflation is outside of our control (which it is) then preparing the economy for growth could have put us in a good position once it has resolved itself.
Inflation has more to do with global factors such as the price of energy, money supply and global supply chain issues rather than whatever the UK political class are doing.
Over the next 6 months we will see how well it improves. But if it does improve how we expect it to then it won't be because of anything the UK government does and it may have actually been a better option to build the economy during this period.
We'll never know, but the strategy wasn't as nuts as people made it out to be.
----------------------------------------------------------------------
It’s this kind of insane thinking she’s relying on to get back into serious politics again - people utterly daft enough to swallow the whole “yeah but I didn’t have time” argument
1. Inflation may be beyond our direct control but you don’t fuel it with tax cuts. That’s just basic economics - even Thatcher understand that
2. Her decisions created volatility? That’s a dressed up way of saying her announcement of completely unfunded tax cuts which gambled on future growth sent the markets into such a state of shock the pound crashed and the BoE had to step in
3. Her subsequent u-turns (because she had to make them to survive) render your argument invalid. Had she stayed in post we would never have got the chance to see it her reckless gamble paid off - because she towed back on everything. It’s this point people seem to forget - she had no conviction in anything she was doing
----------------------------------------------------------------------
I never voted for her and probably never would. I also didn't agree with the policies at the time either. I am just simply pointing out that it could have actually worked out well and I am not arrogant enough to say that I know it would not have...
The UK is a small fish nowadays and it will just have to ride the waves. Who knows how well it would have turned out... but there is a clear argument to suggest that if the UK focussed on growth, then maybe a recession could have been avoided as inflation fades. Now it is kinda inevitable.
Yes the markets took a shock, but it could have easily bounced back as investor sentiment changed with new market conditions.
Sign in if you want to comment
Liz Truss
Page 2 of 2
posted on 5/2/23
comment by Striketeam7 - the smartest person you know - Bronze medal khunt 2022 - Buy..Bellingham and another mid 20s Thiago type...lets just call him "frank" (U18109)
posted 3 hours, 22 minutes ago
This is why when a PM goes mid term another election should be mandatory within 3 months - now obviously she didn’t last that long, but it might have made the Tories think she will be a faaaacking disaster we can’t have her anywhere near it.
That mini budget has faaacked things for years - mortgage rates, CGT allowance being hacked to death, spiralling debt.
----------------------------------------------------------------------
Disagree about the long term effects of the mini budget, disastrous as it was at the time. The pound is stronger than it was PRE-Truss, and on Friday the FTSE closed at an ALL-TIME high … things that are barely getting a mention by a media who were borderline hysterical 24/7 when things were moving the other way. Gas and oil prices are plummeting, which will filter through to both consumers and business, and inflation rates, in the coming months. Interest rates are widely thought to be near to peaking … and are pretty much in line with what’s happening in every other major economy. Yes, the Tories are totally fooked, and I expected much more when Sunak took the reins from the previous car crash … just think it’s not ALL gloom and doom.
posted on 5/2/23
comment by Busby (U19985)
posted 50 minutes ago
comment by Tarrico_sees_red (U5595)
posted 1 hour ago
comment by Busby (U19985)
posted 7 minutes ago
comment by Tarrico_sees_red (U5595)
posted 2 minutes ago
Why is always a Left-wing conspriracy when right-wingers get things all wrong?
She is poisonously thick
----------------------------------------------------------------------
Such is the state of politics. There are individuals in every party who are stupidly thick. It’s crazy how these people get into such positions.
We need radical change in politics.
----------------------------------------------------------------------
Like the shat show of Brexit is because of remainers not the people who sold and voted for it.
Like the state of public services is nothing to do with 13 years of Tory rule.
Like inflation is nothing to do with the distribution of wealth.
----------------------------------------------------------------------
Like I said above I’m looking forward to the end of the tories regime.
Let’s not pretend Covid and war haven’t cause high interest rates, inflation and austerity world wide though.
----------------------------------------------------------------------
This.
posted on 5/2/23
comment by manusince52 (U9692)
posted 2 hours, 31 minutes ago
I don't hate her, because I don't know her. But her brief time as PM was characterised by daftness and
----------------------------------------------------------------------
I hope you have not had a Macca moment there 52 and dropped dead.
posted on 5/2/23
Comment deleted by Site Moderator
posted on 5/2/23
How many Millions did Michelle Mone, the Tory peer swindle?
posted on 5/2/23
comment by Tarrico_sees_red (U5595)
posted 1 hour, 47 minutes ago
comment by Busby (U19985)
posted 1 hour, 15 minutes ago
comment by Tarrico_sees_red (U5595)
posted 1 hour ago
comment by Busby (U19985)
posted 7 minutes ago
comment by Tarrico_sees_red (U5595)
posted 2 minutes ago
Why is always a Left-wing conspriracy when right-wingers get things all wrong?
She is poisonously thick
----------------------------------------------------------------------
Such is the state of politics. There are individuals in every party who are stupidly thick. It’s crazy how these people get into such positions.
We need radical change in politics.
----------------------------------------------------------------------
Like the shat show of Brexit is because of remainers not the people who sold and voted for it.
Like the state of public services is nothing to do with 13 years of Tory rule.
Like inflation is nothing to do with the distribution of wealth.
----------------------------------------------------------------------
Like I said above I’m looking forward to the end of the tories regime.
Let’s not pretend Covid and war haven’t cause high interest rates, inflation and austerity world wide though.
----------------------------------------------------------------------
The stories gave out £700 billion during Covid - that’s the equivalent of £14k for every adult in the country.
Do you have an extra £14k? I don’t. Nobody I know does.
So where did it go? They’re not even looking
----------------------------------------------------------------------
A lot do people got a lot more than £14k for not working. Something I didn’t agree at the time and we will be paying for that over the next decade.
posted on 5/2/23
OP, she is right. There wasn't enough time to see how it would have played out.
Over a 1 month period her decisions created volatility however, over a 6-18 month period, her policies could have actually played out well for the country.
If you accept that inflation is outside of our control (which it is) then preparing the economy for growth could have put us in a good position once it has resolved itself.
Inflation has more to do with global factors such as the price of energy, money supply and global supply chain issues rather than whatever the UK political class are doing.
Over the next 6 months we will see how well it improves. But if it does improve how we expect it to then it won't be because of anything the UK government does and it may have actually been a better option to build the economy during this period.
We'll never know, but the strategy wasn't as nuts as people made it out to be.
posted on 5/2/23
comment by add912 (U9189)
posted 49 minutes ago
OP, she is right. There wasn't enough time to see how it would have played out.
Over a 1 month period her decisions created volatility however, over a 6-18 month period, her policies could have actually played out well for the country.
If you accept that inflation is outside of our control (which it is) then preparing the economy for growth could have put us in a good position once it has resolved itself.
Inflation has more to do with global factors such as the price of energy, money supply and global supply chain issues rather than whatever the UK political class are doing.
Over the next 6 months we will see how well it improves. But if it does improve how we expect it to then it won't be because of anything the UK government does and it may have actually been a better option to build the economy during this period.
We'll never know, but the strategy wasn't as nuts as people made it out to be.
----------------------------------------------------------------------
It’s this kind of insane thinking she’s relying on to get back into serious politics again - people utterly daft enough to swallow the whole “yeah but I didn’t have time” argument
1. Inflation may be beyond our direct control but you don’t fuel it with tax cuts. That’s just basic economics - even Thatcher understand that
2. Her decisions created volatility? That’s a dressed up way of saying her announcement of completely unfunded tax cuts which gambled on future growth sent the markets into such a state of shock the pound crashed and the BoE had to step in
3. Her subsequent u-turns (because she had to make them to survive) render your argument invalid. Had she stayed in post we would never have got the chance to see it her reckless gamble paid off - because she towed back on everything. It’s this point people seem to forget - she had no conviction in anything she was doing
posted on 6/2/23
comment by 99 Problems (Top - invest in the squad and sack Rodgers) (U12353)
posted 1 day, 1 hour ago
comment by add912 (U9189)
posted 49 minutes ago
OP, she is right. There wasn't enough time to see how it would have played out.
Over a 1 month period her decisions created volatility however, over a 6-18 month period, her policies could have actually played out well for the country.
If you accept that inflation is outside of our control (which it is) then preparing the economy for growth could have put us in a good position once it has resolved itself.
Inflation has more to do with global factors such as the price of energy, money supply and global supply chain issues rather than whatever the UK political class are doing.
Over the next 6 months we will see how well it improves. But if it does improve how we expect it to then it won't be because of anything the UK government does and it may have actually been a better option to build the economy during this period.
We'll never know, but the strategy wasn't as nuts as people made it out to be.
----------------------------------------------------------------------
It’s this kind of insane thinking she’s relying on to get back into serious politics again - people utterly daft enough to swallow the whole “yeah but I didn’t have time” argument
1. Inflation may be beyond our direct control but you don’t fuel it with tax cuts. That’s just basic economics - even Thatcher understand that
2. Her decisions created volatility? That’s a dressed up way of saying her announcement of completely unfunded tax cuts which gambled on future growth sent the markets into such a state of shock the pound crashed and the BoE had to step in
3. Her subsequent u-turns (because she had to make them to survive) render your argument invalid. Had she stayed in post we would never have got the chance to see it her reckless gamble paid off - because she towed back on everything. It’s this point people seem to forget - she had no conviction in anything she was doing
----------------------------------------------------------------------
I never voted for her and probably never would. I also didn't agree with the policies at the time either. I am just simply pointing out that it could have actually worked out well and I am not arrogant enough to say that I know it would not have...
The UK is a small fish nowadays and it will just have to ride the waves. Who knows how well it would have turned out... but there is a clear argument to suggest that if the UK focussed on growth, then maybe a recession could have been avoided as inflation fades. Now it is kinda inevitable.
Yes the markets took a shock, but it could have easily bounced back as investor sentiment changed with new market conditions.
Page 2 of 2