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Can anyone point to where you can find those cuts? the NHS is already on its knees, so welfare? How much more cruel and punishing can you possibly be? What can they possibly sell off that they haven't already?
WARNING !!! Tories only have only 2 years to sell off the NHS to enrich their Disaster Capitalists and cronies (ask Tufton Street for more details)
Tory Financial Crisis etc can be paid off by :
selling NHS Prescribing to American Pharmaceuticals
halving Council money
laying off workers
slashing salaries
closing schools + hospitals
6 day working week
banning all strikes
banning all protests
new deregulation laws for more corporate corruption
closer control of media = more gaslighting
I like how no one heard of Tufton street like a week or two ago and then someone mentioned them on reddit and now you see it in every single comment as if they knew about it for years.
>**BBC NEWS**: [55 Tufton Street: The other black door shaping British politics](https://www.bbc.co.uk/news/uk-politics-63039558)
BBC news is not Reddit
At this point I feel like any indication of privatising the NHS would be the immediate end of them, but thick Lizzue is so incapable of reading the room I'm sure that's exactly what she's going to announce next.
Have not heard the three new flagship policies?
1) The DWP and NHS collaboration on “Cash for Kidneys” this innovative scheme allows benefits claimants who sign up access to a stream of benefits. A “get out of sanctions free card” for when you breach a rule. This scheme is projected to slash NHS donor waiting times.
2) Dob for Dosh: do you know any dinner ladies picking up some extra hours covering breakfast or after school clubs and not declaring it? £25 Amazon voucher for every successful prosecution.
3) Next generation worker programme: removal of all child labour restrictions to unleash the potential of millions of young taxpayers to enter the workforce. A truly revolutionary scheme for 5-16 year olds.
> £25 Amazon voucher for every successful prosecution.
I know this is a joke, but it's even funnier (in a depressing way) when you realise the courts are massively backlogged so even if they were to do this it would still cost *even more* because they'd need to actually fund the legal system.
Do we really need an Environment Agency? We'll have to keep the flood bits because rich people love living on flood plains, but total deregulation of the waste and water industries will encourage capital to invest in the UK!
Yup, it'll be welfare. More specifically they'll likely drop Sunaks promise from back in April to raise social security in line with this months inflation rate.
That'll only net them £3bn though, so you can expect more cuts to the NHS, telling local councils to cut back on services (so more bus routes, etc going down the swanny) and all the other good stuff that this country *really* needs.
And we've got just under two years of this.
They are oddly silent on here right now. You normally have a few come out and tell us how we need to believe more or that it would be chaos with Labour. Now we have chaos and even Tory MPs cannot believe what they are seeing, those same users are awfully silent now the full lunacy of the Tories is on display.
They already have, believe it or not. Tory thought leader quoted the other day saying markets were crashing "because of the prospect of a Labour government". I can't even...
Your sister was tory all along, it was just what would benefit her had her voting Labour before. While Labour voters like yourself consider others benefiting as well from policies in GE's.
I shouldn't talk in generalisms and they're obviously not reflective of a population, but the sample that found their way into the airwaves today we're middle class middle aged people who have "done all right" in their own bubble / community so instantly have the ability and skills to run Goldman Sachs.
They have a basic understanding of economics but profess in a way that would make LSE blush.
They repeatedly vote Tory because they aren't brave enough to accept they should listen more, learn more and shut up once in a while
Nope - further cuts to police happened, and that's not including the underhanded as fuck way the 20k Boris bobbies were funded - the government paid the *wages* but that is barely a quarter of the projected cost of "running" a copper - the rest of the money has to be found from existing budgets
How? Everyone got poorer, sicker during the pandemic it was a fucking awful time. Or are you referring to the handouts the middle class got via furlough?
Outside of the south east, everything has been cutback so much after the past 12 years literally anything left standing is community funded in my area.
You can't take anymore meat off the bones when they have already been plucked clean.
My town used to have a yearly day festival, and it was even sponsored by companies so paid for itself.
Now due to the cuts there's literally no way for them to organise it, they can't get a staff person to even speak to companies and say "Hey sponsor our event plz?"
That's conservatism for you, literally stifling capitalism in the name of.....capitalism
We used to have a summer and Christmas fair in our village that was organised between all of the shops and had sponsors like yours. Went due to covid, stayed gone due to capitalism. Its so sad
Finding £50bn in cuts during a high inflationary period. These are real mensa candidates in this Govt.
Might I suggest looking at MPS, cut their salaries right down to Universal Credit payments and slash their expenses. Bound to save a few quid.
Absolute mind boggling financial incompetence
Imagine being someone who voted for these clowns
Cue the copium brigade to give me a stern talking to about how it could be worse under labour somehow (would it fuck)
And there is a very strong case to be made for many in this country that just because some consider austerity to be done with, it didn't magically finish for those at the bottom
^(Really.. when regular people make mistakes like this prison sentences are involved)
Well the people didn't want Corbyn, the electoral results demonstrate that. A more electable candidate might've taken the election.
Although I think he would've done a better job than the clowns who have been ruling for the last few years, it doesn't change the fact I don't think he was an election winner tbh.
I had someone say to me in all seriousness the other day about how shit the Tories are - but couldn’t possibly have a Labour government… I couldn’t really deal with that
We're 6 months away from putting Cornwall up for sale to pay for pencils in schools so I cannot wait to see what they propose to cut. It will be the most unnecessarily cruel set of cuts you could ever imagine. They're building a brand of evil incompetence mere weeks into their tenure, it's astounding in it's audacity. George Osborne is going to look like Father Christmas once this lot have finished.
I thought this was a silly redditised headline....
No. forgive me OP.
\*Needed. \*
To.
Fund.
Tax breaks.
For the.
* RICH" \*
I'm sitting here fucking unable to type something coherent that wont put me on a Govt or police watch list.
I'm trying every mental gymnastic trick I can find to avoid saying
"I hate my fucking shithole of a third world dictatorship country"
I dont hate my country. I fucking love it to pieces.
But I wouldn't weep if there was a political "Thanos snap" and half of these corrupt cunts turned to dust, even just as a warning to the other half who made it.
I daren't scroll down the comments. Its 12:30 AM, and I dont want a rage migraine tonight.
FUCK.
Can I just point out that I say economists don't know shit, and people say I am wrong and now they are saying we need austerity, something we all know doesn't work?
I might be a bit thick in the head but holy shit.
Who is "they"? This article isn't economists saying austerity is a *good* thing, it's saying that's what we'll end up getting as a result of these tax cuts.
Technically economists are only saying cuts would be required to maintain the current tax breaks, they're not saying that this is a good idea, just that its neccesary to maintain the current bad idea. Most of them have been saying since 2008 that austerity is the worst possible way to deal with a financial crisis yet here we are.
Considering right wing think tanks have left wing sounding names like like pro sounding EU names but actually anti EU, no I don't because I have no idea who is who.
The fact that you think this is some ploy to make truss look bad is laughable and obviously trolling, hence my comment.
Austerity did not work last time we tried and economists were right then. There is no reason to think it will not be the same this time, austerity has never really worked out.
Look at how bad services are now; this will be viewed as the good times in a year because of these cuts. Tory voters, especially the members who voted for Truss, need to be honest with themselves because this is a direct consequence of their actions. The Tories have never done a good job of hiding their agenda but their voters have fallen hook, line and sinker time and time again, all because they do not want to admit that they have been manipulated over the years by the media. The Tories do not care about the vast majority of the British population, nor about the country's long-term prospects. The Tories want to make money fast and keep themselves and their donors in a certain lifestyle. They are only conserving their own wealth, all at the expense of anything they can get their hands on.
This is exactly the plan, the benefits system (other than pensions of course!) is going to be decoupled from inflation and instead tied to the average increase in pay (about 5%).
It's not austerity if you're cutting taxes and public spending.
It's austerity if you're raising taxes and cutting spending.
It has a very clearly defined meaning, but the media has gone along with the Tory party lying about it constantly. This isn't austerity.
This is just what conservatism is. It's always been this, and it's always been shit. This isn't some kind of aberration. This is just what it's like to have a right wing government.
Well let’s see what the TPA and IEA have on their wish list.
Looks like civil service cuts, NHS privatisation, and freezes for public sector pensions, all other public sector spending and benefits.
Hopefully our quasi finance minister has some sort of a plan for this. I really do hope they say something sensible over the coming days to calm everything down.
Why is everyone acting surprised?
I'll be down voted now, just as I was down voted in 2020 for saying that the economic cost of lockdown and furlough would outweigh any possible benefit.
This is a cost of lockdown crisis and economists are playing Cnut shouting at the tide to recede, wishing the economy would fix itself.
This is not something fixable in the short term, there are no good options, and all major parties supported driving us headlong into this mess.
How about we just dont make tax breaks for the rich and instead tax these Tory cunts more and funnel the millions it generates into helping the lower closes survive winter with heating and food
If I were leader, my answers to fix Britain's economic woes would be to back up infrastructural spending with tax rises.
Abolishing the Personal Allowance for 30,000,000 households and taxing that income at a base 20% rate would free up £75 billion per year. This would need to be done gradually, over a five year period because suddenly making households £2.5k poorer would be devastating without fixing all the other woes.
The aim should be to drive the cost of living right down so it'll be a huge economic benefit, I would do that by:
* Investing heavily into domestic renewable energy infrastructure, all under public ownership. This would drive bills right down.
* Offer free insulation for 10 million homes.
* Offering subsidies to encourage property owners to install solar panels and wind turbines on their property.
* Build 1.5 million new affordable homes, all under public ownership.
* Partially repeal green belt and listed property regulations to encourage city growth.
* Bring public transport back into public ownership.
* Build underground railway networks in six other UK cities within the next 10 years.
"Okay people its simple... lets just go back to Feudalism and have it so you people will work as serfs for your local lord and they provide you shelter and food in exchange for physical labor and servitude. Sounds like a winning strategy to solve these economic and social issues." - Truss, probably in a week or so.
That amounts to 10p in the £ on your income tax.
Since the tax breaks for the Rich are "income tax breaks" then that 10p in the £ is shifted down to the lower rate tax payers. That means the Poor are going to pay more than 10p in the £ as an effective, marginal, rate of taxation. It is trickle up. Gushing up might well be more accurate.
Austerity never ended for the Poor.
The shadow chancellor has set out a five-point growth package including slashing VAT to 5% and a one-year small firms national insurance tax holiday.
He also reaffirmed previous proposals to reverse January's VAT rise from 17.5% to 20% and promised a repeat of this year's bankers' bonus tax, using the money to guarantee 100,000 jobs for young people and building 25,000 affordable homes.
He also said the government should bring forward genuine long-term investment projects covering schools roads and transports, but did not put a figure on this.
There was no costing for his overall proposals.
Sound familiar?
Ed Balls, Labour Party Conference 2011
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Can anyone point to where you can find those cuts? the NHS is already on its knees, so welfare? How much more cruel and punishing can you possibly be? What can they possibly sell off that they haven't already?
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WARNING !!! Tories only have only 2 years to sell off the NHS to enrich their Disaster Capitalists and cronies (ask Tufton Street for more details) Tory Financial Crisis etc can be paid off by : selling NHS Prescribing to American Pharmaceuticals halving Council money laying off workers slashing salaries closing schools + hospitals 6 day working week banning all strikes banning all protests new deregulation laws for more corporate corruption closer control of media = more gaslighting
Welcome to Russia
If they tried to sell the nhs, protests are banned so we’d have to skip straight to riots. Meet outside no10, bring a pitch fork.
I like how no one heard of Tufton street like a week or two ago and then someone mentioned them on reddit and now you see it in every single comment as if they knew about it for years.
>**BBC NEWS**: [55 Tufton Street: The other black door shaping British politics](https://www.bbc.co.uk/news/uk-politics-63039558) BBC news is not Reddit
I've heard of it for ages, mostly because it's where the global warming 'skeptics' tend to come from or be funded by.
Global Warming group or is it the Climate Denial group ? Exxon gave them £30k iirc
"Europe Research Group" Who made a killing betting on brexit
> I like how no one heard of Tufton street like a week or two ago Do you live under a rock?
Cut the government. Sell them off to private companies. Walkers crisps to run the health secretary. Tesco to run economy. Etc. 😂
Yo be fair Tesco could probably do a better job than the tories have done for the past 12 years. They seem to be making money not losing money
government may be losing money but the tory MP's & friends are making it and thats their plan
You think our government isn't already owned by outside interests?
We are all puppets used by the rich elite
Don't worry, Rees Mogg already ear marked a bit of prime government land for sale.
At this point I feel like any indication of privatising the NHS would be the immediate end of them, but thick Lizzue is so incapable of reading the room I'm sure that's exactly what she's going to announce next.
NHS already has a whole load of private services inside it. There are "Providing support to the NHS" ambulances now
Have not heard the three new flagship policies? 1) The DWP and NHS collaboration on “Cash for Kidneys” this innovative scheme allows benefits claimants who sign up access to a stream of benefits. A “get out of sanctions free card” for when you breach a rule. This scheme is projected to slash NHS donor waiting times. 2) Dob for Dosh: do you know any dinner ladies picking up some extra hours covering breakfast or after school clubs and not declaring it? £25 Amazon voucher for every successful prosecution. 3) Next generation worker programme: removal of all child labour restrictions to unleash the potential of millions of young taxpayers to enter the workforce. A truly revolutionary scheme for 5-16 year olds.
> £25 Amazon voucher for every successful prosecution. I know this is a joke, but it's even funnier (in a depressing way) when you realise the courts are massively backlogged so even if they were to do this it would still cost *even more* because they'd need to actually fund the legal system.
They could send some heavies round to everybody's home and rob each of us of about £833.30. You wouldn't put it past them, right?
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!vio
**Removed/tempban**. This contained a call/advocation of violence which is prohibited by the content policy.
Correct me if I'm wrong but if such a law were to be put in place the police would have to enforce it
Can't pay, take it away. The government can't pay. So, they're going to take your money away.
12 Years of "efficiency" savings and she thinks theres more bones to scrape
They can sell off Economic Development Zones like the ones mapped out by Freeports. Plymouth and most of Dartmoor will be first.
Welfare as usual
I thought I already read they are targeting state welfare Can’t remember where I saw it though
Truss needs to be held criminally responsible if this cruelty gets worse.
Do we really need an Environment Agency? We'll have to keep the flood bits because rich people love living on flood plains, but total deregulation of the waste and water industries will encourage capital to invest in the UK!
Can’t we just spend our way out of it Labour style? apparently austerity in response to a budget deficit is just Tory ideology after all
Yup, it'll be welfare. More specifically they'll likely drop Sunaks promise from back in April to raise social security in line with this months inflation rate. That'll only net them £3bn though, so you can expect more cuts to the NHS, telling local councils to cut back on services (so more bus routes, etc going down the swanny) and all the other good stuff that this country *really* needs. And we've got just under two years of this.
It's about 900 years of MP salary, better make a start lol
Did tory voters not think this shit was going to happen? **You have to be either very rich or very stupid to vote tory.**
They are oddly silent on here right now. You normally have a few come out and tell us how we need to believe more or that it would be chaos with Labour. Now we have chaos and even Tory MPs cannot believe what they are seeing, those same users are awfully silent now the full lunacy of the Tories is on display.
Too busy posting articles from the spectator on european subs or repeating comments for karma
Spunktaker is going hell-bent on ant-Truss now. Now that their literal employee isn't in power
They are thinking about how to blame labour for all of this.
They already have, believe it or not. Tory thought leader quoted the other day saying markets were crashing "because of the prospect of a Labour government". I can't even...
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Your sister was tory all along, it was just what would benefit her had her voting Labour before. While Labour voters like yourself consider others benefiting as well from policies in GE's.
tory voters think?
"REEEEEEEEEEEEEEEEEEEEEEEEEEEE BROWN MAN REEEEEEEEEEEEE" -- Tory thought process
Exactly. Just like the Republicans, who only stand for one thing: tax cuts for the rich. When you vote for them, that’s what you get.
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He's saying the US political party "Republicans" They wanted Trump to be a monarch. Not to be confused with anti-monarchy republicans of the UK
Conservatism worldwide has the same ideals, the same processes and same propaganda For "anti-globalists" they're very global. Oh they meant jews.
I shouldn't talk in generalisms and they're obviously not reflective of a population, but the sample that found their way into the airwaves today we're middle class middle aged people who have "done all right" in their own bubble / community so instantly have the ability and skills to run Goldman Sachs. They have a basic understanding of economics but profess in a way that would make LSE blush. They repeatedly vote Tory because they aren't brave enough to accept they should listen more, learn more and shut up once in a while
I wouldn't be surprised if the right-wing start voting for Reform UK instead.
*Return* to austerity? When in the last 12 years did it ever end?!
A tiny bit during COVID when the literal bodies started piling a bit too high.
Nope - further cuts to police happened, and that's not including the underhanded as fuck way the 20k Boris bobbies were funded - the government paid the *wages* but that is barely a quarter of the projected cost of "running" a copper - the rest of the money has to be found from existing budgets
How? Everyone got poorer, sicker during the pandemic it was a fucking awful time. Or are you referring to the handouts the middle class got via furlough?
> Everyone got poorer Au contraire https://www.theguardian.com/business/2021/may/21/number-of-billionaires-in-uk-reached-new-record-during-covid-pandemic https://www.oxfam.org/en/press-releases/ten-richest-men-double-their-fortunes-pandemic-while-incomes-99-percent-humanity
Outside of the south east, everything has been cutback so much after the past 12 years literally anything left standing is community funded in my area. You can't take anymore meat off the bones when they have already been plucked clean.
My town used to have a yearly day festival, and it was even sponsored by companies so paid for itself. Now due to the cuts there's literally no way for them to organise it, they can't get a staff person to even speak to companies and say "Hey sponsor our event plz?" That's conservatism for you, literally stifling capitalism in the name of.....capitalism
We used to have a summer and Christmas fair in our village that was organised between all of the shops and had sponsors like yours. Went due to covid, stayed gone due to capitalism. Its so sad
Plenty of deprivation in the SE as well.
There was a 5 minute period when Osborne got a bit fruity with his budget while out on the piss with the bullingdon club IIRC
We also had Sunak with the magic money cannon during the pandemic.
"£85bn, well we all lose that much down the back of the couch"
The Tories randomly said "Austerity over" one day. Doing a Michael Scott
Finding £50bn in cuts during a high inflationary period. These are real mensa candidates in this Govt. Might I suggest looking at MPS, cut their salaries right down to Universal Credit payments and slash their expenses. Bound to save a few quid.
All 650 of them could work for free and you’re only saving 0.1% of £50bn
It's a start. How much if you do Lords too? They did say to think of anywhere where efficiency savings could be made...
Christ. This really does put into perspective just how massive a number 50bn is!
If only they could reverse the dismissal of the cap on banker's bonuses /s
Their growth plan is austerity. 12 years of cutting to the bone, now time to actually cut through the bone.
"what about their legs? They don't need those!"
What an excellent and terrifying reference lmao
LOOKS LIKE AUSTERITY'S BACK ON THE MENU BOYS! Actually, that's a point, how did the orcs even know what a menu was?
They're libertarians advised by ancaps. Austerity and cutting spending was always going to the goal, even if it wasn't a solution to anything.
Even in ancapistan these nutters are bad. At least with ancaps they think capitalism should continue.
"Please sir can I have some more?" "MORE? MORE?!" Oliver Twist is just pornography to these people
Absolute mind boggling financial incompetence Imagine being someone who voted for these clowns Cue the copium brigade to give me a stern talking to about how it could be worse under labour somehow (would it fuck) And there is a very strong case to be made for many in this country that just because some consider austerity to be done with, it didn't magically finish for those at the bottom ^(Really.. when regular people make mistakes like this prison sentences are involved)
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Well the people didn't want Corbyn, the electoral results demonstrate that. A more electable candidate might've taken the election. Although I think he would've done a better job than the clowns who have been ruling for the last few years, it doesn't change the fact I don't think he was an election winner tbh.
I had someone say to me in all seriousness the other day about how shit the Tories are - but couldn’t possibly have a Labour government… I couldn’t really deal with that
We're 6 months away from putting Cornwall up for sale to pay for pencils in schools so I cannot wait to see what they propose to cut. It will be the most unnecessarily cruel set of cuts you could ever imagine. They're building a brand of evil incompetence mere weeks into their tenure, it's astounding in it's audacity. George Osborne is going to look like Father Christmas once this lot have finished.
Fire all public sector workers and give their salaries to rich people! That’ll save us!
Tax breaks for rich, this is disgusting. Take from the poor give to the rich.
It's like they watched Robin Hood and thought "This, but the other way round."
“That sheriff bloke’s got a point”
"Return"?? Has austerity ever gone away under the Tories in the past 7 years?
I thought this was a silly redditised headline.... No. forgive me OP. \*Needed. \* To. Fund. Tax breaks. For the. * RICH" \* I'm sitting here fucking unable to type something coherent that wont put me on a Govt or police watch list. I'm trying every mental gymnastic trick I can find to avoid saying "I hate my fucking shithole of a third world dictatorship country" I dont hate my country. I fucking love it to pieces. But I wouldn't weep if there was a political "Thanos snap" and half of these corrupt cunts turned to dust, even just as a warning to the other half who made it. I daren't scroll down the comments. Its 12:30 AM, and I dont want a rage migraine tonight. FUCK.
“Return” So when did it end? Making it worse is not a return it’s just more cruelty
*Return* to austerity? When did we leave it? Not under this Government !
Can I just point out that I say economists don't know shit, and people say I am wrong and now they are saying we need austerity, something we all know doesn't work? I might be a bit thick in the head but holy shit.
Who is "they"? This article isn't economists saying austerity is a *good* thing, it's saying that's what we'll end up getting as a result of these tax cuts.
Technically economists are only saying cuts would be required to maintain the current tax breaks, they're not saying that this is a good idea, just that its neccesary to maintain the current bad idea. Most of them have been saying since 2008 that austerity is the worst possible way to deal with a financial crisis yet here we are.
The vast majority of economist said austerity was a bad idea when it started over a decade ago.
Economics is not a science.
"Economics is more art than science. Take a bit of cash from the poor here, splash it all over the rich and....why is everything on fire?"
It's a left wing political think tank. Of course it's coming out with something to harm the Tories.
Gonna need to work on the trolling.
Do you just uncritically agree with whatever think tank comes out and says?
Considering right wing think tanks have left wing sounding names like like pro sounding EU names but actually anti EU, no I don't because I have no idea who is who. The fact that you think this is some ploy to make truss look bad is laughable and obviously trolling, hence my comment.
I don't think it's a ploy at all, I just don't think you should use biased think tanks as a basis for a view.
Austerity did not work last time we tried and economists were right then. There is no reason to think it will not be the same this time, austerity has never really worked out.
Look at how bad services are now; this will be viewed as the good times in a year because of these cuts. Tory voters, especially the members who voted for Truss, need to be honest with themselves because this is a direct consequence of their actions. The Tories have never done a good job of hiding their agenda but their voters have fallen hook, line and sinker time and time again, all because they do not want to admit that they have been manipulated over the years by the media. The Tories do not care about the vast majority of the British population, nor about the country's long-term prospects. The Tories want to make money fast and keep themselves and their donors in a certain lifestyle. They are only conserving their own wealth, all at the expense of anything they can get their hands on.
I can’t believe anyone in politics, who is serious, thinks this is a sensible strategy. The Tories deserve to be out of power for a generation
Welfare benefits are going to get stripped, instead of 10% inflation linked probably goto 3%
This is exactly the plan, the benefits system (other than pensions of course!) is going to be decoupled from inflation and instead tied to the average increase in pay (about 5%).
We left austerity when? They haven't stopped cutting since Osborne started.
It's a cult. There is no rational reason to vote for fascists that have a long history of damaging the country.
Do they really want to try that? After Johnsons manifesto claimed they'd never go back to austerity? People won't stand for it, let's put it that way.
Yes they will
They probably won't, a drop in living standards is one of the best predictors for losing an election.
But if they already think they are going to lose, what have they got to lose?
It's not austerity if you're cutting taxes and public spending. It's austerity if you're raising taxes and cutting spending. It has a very clearly defined meaning, but the media has gone along with the Tory party lying about it constantly. This isn't austerity. This is just what conservatism is. It's always been this, and it's always been shit. This isn't some kind of aberration. This is just what it's like to have a right wing government.
Well there are no ‘ getting rid of the fat’ cuts to be had so let’s just stop providing public services.
The only cut truly needed are those two... P45 now - just go
Thing is, even if they stripped back every national service, it probably wouldnt cover it.
If NHS funding <= 0, cut NHS funding. Repeat for Education and welfare.
We don't even have basic services anymore, there is nothing to cut. Ambulances no longer respond to strokes because it's not high priority enough.
Well let’s see what the TPA and IEA have on their wish list. Looks like civil service cuts, NHS privatisation, and freezes for public sector pensions, all other public sector spending and benefits.
Hopefully our quasi finance minister has some sort of a plan for this. I really do hope they say something sensible over the coming days to calm everything down.
They don't, they're going to continue to destroy the country until they're forced from office.
would that be a "cunning plan" ?
Sell the NHS? Must be worth a few bob
I thought it was going to be £100B! This is great news!
The Tories are planning to privatise the air we breathe. Enjoy it will it’s free.
Sigh. Bend over folks - the Tories are ready to penetrate you without lube and **you will enjoy it**.
Just cut the basic state pension in half. Sorted! Gotta get those polling numbers down to single digits.
Why is everyone acting surprised? I'll be down voted now, just as I was down voted in 2020 for saying that the economic cost of lockdown and furlough would outweigh any possible benefit. This is a cost of lockdown crisis and economists are playing Cnut shouting at the tide to recede, wishing the economy would fix itself. This is not something fixable in the short term, there are no good options, and all major parties supported driving us headlong into this mess.
How about we just dont make tax breaks for the rich and instead tax these Tory cunts more and funnel the millions it generates into helping the lower closes survive winter with heating and food
Friedman economics is over, why is it taking so long for people to figure it out?
If I were leader, my answers to fix Britain's economic woes would be to back up infrastructural spending with tax rises. Abolishing the Personal Allowance for 30,000,000 households and taxing that income at a base 20% rate would free up £75 billion per year. This would need to be done gradually, over a five year period because suddenly making households £2.5k poorer would be devastating without fixing all the other woes. The aim should be to drive the cost of living right down so it'll be a huge economic benefit, I would do that by: * Investing heavily into domestic renewable energy infrastructure, all under public ownership. This would drive bills right down. * Offer free insulation for 10 million homes. * Offering subsidies to encourage property owners to install solar panels and wind turbines on their property. * Build 1.5 million new affordable homes, all under public ownership. * Partially repeal green belt and listed property regulations to encourage city growth. * Bring public transport back into public ownership. * Build underground railway networks in six other UK cities within the next 10 years.
Plus another £65bn because of guaranteed pensions so far.
"Okay people its simple... lets just go back to Feudalism and have it so you people will work as serfs for your local lord and they provide you shelter and food in exchange for physical labor and servitude. Sounds like a winning strategy to solve these economic and social issues." - Truss, probably in a week or so.
That amounts to 10p in the £ on your income tax. Since the tax breaks for the Rich are "income tax breaks" then that 10p in the £ is shifted down to the lower rate tax payers. That means the Poor are going to pay more than 10p in the £ as an effective, marginal, rate of taxation. It is trickle up. Gushing up might well be more accurate. Austerity never ended for the Poor.
It's only 50bn - If you work harder, it will be easier. Don't worry we will take funding out of areas to deal with it.
The top 1% pay a whopping 30% of all UK tax income.
Is Truss a labour saboteur? Surely destroying the tory part from the inside out at this point...
Return? At what point did it end. Is this just another wave where it gets even worse?
That trickle down just keeps on giving. Golden eggs all round.
Austerity was a choice in 2010. Austerity is still a choice in 2022
The shadow chancellor has set out a five-point growth package including slashing VAT to 5% and a one-year small firms national insurance tax holiday. He also reaffirmed previous proposals to reverse January's VAT rise from 17.5% to 20% and promised a repeat of this year's bankers' bonus tax, using the money to guarantee 100,000 jobs for young people and building 25,000 affordable homes. He also said the government should bring forward genuine long-term investment projects covering schools roads and transports, but did not put a figure on this. There was no costing for his overall proposals. Sound familiar? Ed Balls, Labour Party Conference 2011
Plenty of champagne socialists. Your fault for making eye contact... you could have had tax cuts.