Do you genuinely think that although everyone else thought it was a bonkers idea she was right????So they mislead us whilst eternally blaming the other side........... rinse and repeat.
Maybe, just maybe, Truss`s assessment of the "blob" wasn`t far off and she wasn`t scared to break a few eggs to cook the omelette?
We`ll never know.
Sounds like the economics of envy and I’m not entirely sure that rolling back on 2nd homes etc will come close to reversing the lack of availability or affordability.
I'd actually want the state to take more ownership of the rental market ideally. In Germany a fifth of the rental market is owned by the state, and I'd legislate the s**t out of the rest. Or support not for profits to do so and build from that.
Labour averaged an admiral 200,000 per annum from 1945-51.
These figures from google .
Probably when see spy's Farage in the HofC
Oh I don't know. Some make up any old shite to suit their agendas!Nobody can say it would or would not have worked.
Sorry I showed scant respect to our highly esteemed Chancellor of The Exchequer. I stand corrected.
Hopefully she was working on her statement during this week's Sabrina Carpenter gig, where she got a lovely free corporate box as a thanks for ruining the economy.
I’m sorry but we do know.We will never know because it never happened, people can think its "bonkers" and it might have really wobbled the markets but, because folk always make money when markets wobble, it would soon have settled down.
The OBR & BoE are both independent institutions constrain any "radical" action of the government. While these constraints are generally beneficial to the economy, they also make it almost impossible to develop a radical agenda.
Nobody can say it would or would not have worked.
Tell the class how much less was going to be spent on crumbling schools, the depleted arms forces, essential road repairs, failing public transport, reducing NHS waiting lists, adult social care (that amazingly Johnson claimed he had fixed in his Downing Street resignation speech), .....Tell the class which of these were "bad"?
Scrapping the 45% rate.
Reducing basic rate by 1%
Cancelling the NI rise that was due.
Scrap the corporation tax increase.
Raising the Stamp Duty threshold to £250k. (£425k for first time buyers).
Freeze energy bills at £2500.
Prioritising key infrastructure projects.
Creating investment zones with tax breaks.
Then tell the class which ones are still going ahead under a completely "new" government.
IIRC the aim was to have growth running around 2.5% .............. where are we now? 0.9% and waiting for it to get far worse this week.
Reeves and Starmer were both trumpeting "growing the economy" as the panacea for us all.
Maybe it wasn`t that mad?
Or you could have simply had a go at answering my question (what services would Truss cut to fund her tax give away for the rich?) but no.Crumbling schools? If you mean RAAC concrete that was an unknown issue until it started failing.
Depleted armed forces? As per Ukraine war is very different now and far more technical.
Essential road repairs? You know it`ll be a sub-contracted company sending a bunch of blokes out to throw a shovel of tarmac in a hole.
Public Transport............ has been failing for decades, still the train drivers got a nice kick back.
NHS waiting lists......... The overall backlog has dropped from 7.48 million to 7.46 million.......... hardly "tearing up trees".
Social care? What do we have a commission by Baroness Casey, phase 1 2026, phase 2 2028............ the starting point should be getting folk out of hospital to facilitate the flow but there we are!
Roll on Rachels bad news bomb eh?
www.bbc.co.uk
As a nation we are skint.
