In some respects, this sums up this country, and the fact that we get the leaders we deserve, rather than what we need.
We are facing the biggest Cost of Living crisis since at least the 1970s, and probably since World War 2. Tens of thousands of people (or possibly millions) are unable to afford to live right now. Simply because inflation does not affect everyone equally-fuel and food rises impact far more on the poor. But Benefits take no account of that.
But we live in a country where the ruling Party can't be bothered to even have anyone leading this country for the next 6 weeks.
Meanwhile, a tiny fraction of the electorate get to choose between a Billionaire tax riser and an Idiot. No rush. Take your time. Need a month to manage to put an "X" in a box? That's fine.
Funny how the state of the country, Ukraine, etc, don't matter when it comes to choosing the 3rd unelected PM in a row.
It seems very unfortunate that the majority of Tory members are preparing to vote for the idiot. There is a very small window available for Sunak to change that, as it seems that many Tory members will be voting very soon after receiving their ballot papers.
Then it’s going to take them 2 months to count them.
Are they waiting for the schools to go back to show them how to do it?
In some respects, this sums up this country, and the fact that we get the leaders we deserve, rather than what we need.
We are facing the biggest Cost of Living crisis since at least the 1970s, and probably since World War 2. Tens of thousands of people (or possibly millions) are unable to afford to live right now. Simply because inflation does not affect everyone equally-fuel and food rises impact far more on the poor. But Benefits take no account of that.
But we live in a country where the ruling Party can't be bothered to even have anyone leading this country for the next 6 weeks.
Meanwhile, a tiny fraction of the electorate get to choose between a Billionaire tax riser and an Idiot. No rush. Take your time. Need a month to manage to put an "X" in a box? That's fine.
Funny how the state of the country, Ukraine, etc, don't matter when it comes to choosing the 3rd unelected PM in a row.
It seems very unfortunate that the majority of Tory members are preparing to vote for the idiot. There is a very small window available for Sunak to change that, as it seems that many Tory members will be voting very soon after receiving their ballot papers.
Well there is a bit of an oxymoron issue going on with Liz Truss which has me and the gambling news media perplexed. Liz Truss claims to be freedom loving but she is strongly backed by Ian Duncan Smith who is very anti gambling and basically prohibitionist and Chris Philp, the bits of the white paper that have been leaked are very concerning. So I have very little hope for the future of online gambling/poker if Liz Truss wins.
We need to back Rishi.
I also dont have confidence in other areas for Liz based on stuff I have heard. Last i checked the bookies had Liz Truss winning 5 times in 7 which makes her a 71.42857% favourite which is very scary. We just have to hope Rishi can save the day somehow.
I find the current desire to reduce taxes and increase expenditure alarming.
We have record amounts of debt. As of Dec 2021, our Government debt was 2.4 trillion. That is about £35,000.00 per person. Last month alone, the Government had to pay £4 billion just in interest payments.
It's all very well saying the pandemic affected things. But that is like saying that it wasn't a person's fault they lost their job for 2 years. "Fault" is neither here nor there when it comes to finances.
I understand why Mrs Truss is standing on a "reduce taxes, spend more" ticket. Because, on 1 level, politics is about winning. Easy to vote for lower taxes and higher spending.
£2.4 trillion sounds like a fantasy number. People cannot relate to it. Let's write it out in full. This Government owes:-
£2,400,000,000,000.00
At some point, that has to be paid back. At the moment (and inflation is going to cause this to go up massively), we are paying £48 billion p.a just in interest payments. That is over £1,000.00 p.a per taxpayer just on interest. To pay for overspending in the past.
I find the current desire to reduce taxes and increase expenditure alarming.
We have record amounts of debt. As of Dec 2021, our Government debt was 2.4 trillion. That is about £35,000.00 per person. Last month alone, the Government had to pay £4 billion just in interest payments.
It's all very well saying the pandemic affected things. But that is like saying that it wasn't a person's fault they lost their job for 2 years. "Fault" is neither here nor there when it comes to finances.
I understand why Mrs Truss is standing on a "reduce taxes, spend more" ticket. Because, on 1 level, politics is about winning. Easy to vote for lower taxes and higher spending.
£2.4 trillion sounds like a fantasy number. People cannot relate to it. Let's write it out in full. This Government owes:-
£2,400,000,000,000.00
At some point, that has to be paid back. At the moment (and inflation is going to cause this to go up massively), we are paying £48 billion p.a just in interest payments. That is over £1,000.00 p.a per taxpayer just on interest. To pay for overspending in the past.
And we want to increase that?
I read somewhere that the annual interest payments were £90billion, as I posted earlier in the thread. I remembered the figure because it is more than the defence budget. I just had a quick look, and the interest payments for June were £8.7billion. Any promise of tax cuts will appeal to any electorate, particularly if no explanation of the consequences was forthcoming. If Liz Truss got elected through the promise of tax cuts, there would have been no real point in getting rid of Boris Johnson. More bullsh1t. Wouldnt it be ironic if Rishi Sunak didnt get elected because he told the truth.
I find the current desire to reduce taxes and increase expenditure alarming.
We have record amounts of debt. As of Dec 2021, our Government debt was 2.4 trillion. That is about £35,000.00 per person. Last month alone, the Government had to pay £4 billion just in interest payments.
It's all very well saying the pandemic affected things. But that is like saying that it wasn't a person's fault they lost their job for 2 years. "Fault" is neither here nor there when it comes to finances.
I understand why Mrs Truss is standing on a "reduce taxes, spend more" ticket. Because, on 1 level, politics is about winning. Easy to vote for lower taxes and higher spending.
£2.4 trillion sounds like a fantasy number. People cannot relate to it. Let's write it out in full. This Government owes:-
£2,400,000,000,000.00
At some point, that has to be paid back. At the moment (and inflation is going to cause this to go up massively), we are paying £48 billion p.a just in interest payments. That is over £1,000.00 p.a per taxpayer just on interest. To pay for overspending in the past.
And we want to increase that?
I read somewhere that the annual interest payments were £90billion, as I posted earlier in the thread. I remembered the figure because it is more than the defence budget. I just had a quick look, and the interest payments for June were £8.7billion. Any promise of tax cuts will appeal to any electorate, particularly if no explanation of the consequences was forthcoming. If Liz Truss got elected through the promise of tax cuts, there would have been no real point in getting rid of Boris Johnson. More bullsh1t. Wouldnt it be ironic if Rishi Sunak didnt get elected because he told the truth.
There are lots of different ways of calculating this. It seems as though some of the payments are just giving with 1 hand, and taking with the other.
A bit like the Boris bus, really
Whichever way you count it, it is a massive problem that inflation will greatly worsen.
Fact remains that The Tory Party will look to carry on racking up the Credit card bill, and leave it to a future generation to pick up the tab.
I find the current desire to reduce taxes and increase expenditure alarming.
We have record amounts of debt. As of Dec 2021, our Government debt was 2.4 trillion. That is about £35,000.00 per person. Last month alone, the Government had to pay £4 billion just in interest payments.
It's all very well saying the pandemic affected things. But that is like saying that it wasn't a person's fault they lost their job for 2 years. "Fault" is neither here nor there when it comes to finances.
I understand why Mrs Truss is standing on a "reduce taxes, spend more" ticket. Because, on 1 level, politics is about winning. Easy to vote for lower taxes and higher spending.
£2.4 trillion sounds like a fantasy number. People cannot relate to it. Let's write it out in full. This Government owes:-
£2,400,000,000,000.00
At some point, that has to be paid back. At the moment (and inflation is going to cause this to go up massively), we are paying £48 billion p.a just in interest payments. That is over £1,000.00 p.a per taxpayer just on interest. To pay for overspending in the past.
And we want to increase that?
I read somewhere that the annual interest payments were £90billion, as I posted earlier in the thread. I remembered the figure because it is more than the defence budget. I just had a quick look, and the interest payments for June were £8.7billion. Any promise of tax cuts will appeal to any electorate, particularly if no explanation of the consequences was forthcoming. If Liz Truss got elected through the promise of tax cuts, there would have been no real point in getting rid of Boris Johnson. More bullsh1t. Wouldnt it be ironic if Rishi Sunak didnt get elected because he told the truth.
There are lots of different ways of calculating this. It seems as though some of the payments are just giving with 1 hand, and taking with the other.
A bit like the Boris bus, really
Whichever way you count it, it is a massive problem that inflation will greatly worsen.
Fact remains that The Tory Party will look to carry on racking up the Credit card bill, and leave it to a future generation to pick up the tab.
How very Socialist
It is stupid. Although people that are struggling may well fall for it. Also they make such a big thing out of dropping the basic rate by 1%. If you were earning 40k per year, it would make you about a fiver better off. Thats not even a pint, whoopee.
I find the current desire to reduce taxes and increase expenditure alarming.
We have record amounts of debt. As of Dec 2021, our Government debt was 2.4 trillion. That is about £35,000.00 per person. Last month alone, the Government had to pay £4 billion just in interest payments.
It's all very well saying the pandemic affected things. But that is like saying that it wasn't a person's fault they lost their job for 2 years. "Fault" is neither here nor there when it comes to finances.
I understand why Mrs Truss is standing on a "reduce taxes, spend more" ticket. Because, on 1 level, politics is about winning. Easy to vote for lower taxes and higher spending.
£2.4 trillion sounds like a fantasy number. People cannot relate to it. Let's write it out in full. This Government owes:-
£2,400,000,000,000.00
At some point, that has to be paid back. At the moment (and inflation is going to cause this to go up massively), we are paying £48 billion p.a just in interest payments. That is over £1,000.00 p.a per taxpayer just on interest. To pay for overspending in the past.
And we want to increase that?
I read somewhere that the annual interest payments were £90billion, as I posted earlier in the thread. I remembered the figure because it is more than the defence budget. I just had a quick look, and the interest payments for June were £8.7billion. Any promise of tax cuts will appeal to any electorate, particularly if no explanation of the consequences was forthcoming. If Liz Truss got elected through the promise of tax cuts, there would have been no real point in getting rid of Boris Johnson. More bullsh1t. Wouldnt it be ironic if Rishi Sunak didnt get elected because he told the truth.
There are lots of different ways of calculating this. It seems as though some of the payments are just giving with 1 hand, and taking with the other.
A bit like the Boris bus, really
Whichever way you count it, it is a massive problem that inflation will greatly worsen.
Fact remains that The Tory Party will look to carry on racking up the Credit card bill, and leave it to a future generation to pick up the tab.
How very Socialist
Liz Truss’s tax cuts could cause 7% interest rates, warns her own economics guru
Liz Truss says tax cuts will turbo-charge the struggling economy. Rishi Sunak says they'll just fuel inflation. Confused? We asked eight of Britain's top economists... Who IS right?
Rishi Sunak v Liz Truss: The two candidates to be our next Prime Minister could not have more different economic policies. Rishi Sunak says tax cuts will stoke inflation. Liz Truss believes they can power growth. So who is right? Our panel of experts will help you decide...
Rishi Sunak went missing. No.10 suspected Michael Gove was on manoeuvres. Party chairman Oliver Dowden was first to wield the knife. Based on inside accounts, ANDREW PIERCE reveals how Boris Johnson was betrayed and toppled by a very Tory coup
ANDREW PIERCE: With the benefit of hindsight, it was obvious something wasn't right. Boris Johnson looked unusually forlorn, occasionally holding his head in his hands, while sitting just yards from members of the Royal Family in the grandstand for the Queen's Platinum Jubilee Pageant. Even worse for the Prime Minister, the Labour leader Sir Keir Starmer was almost within touching distance as the entertainment unfolded in front of Buckingham Palace. The thunderbolt had struck as he was preparing to leave Downing Street for the short drive to Buckingham Palace with his wife Carrie. His mobile telephone vibrated and his heart sank when he saw the name flashing on the screen. It was Sir Graham Brady, chairman of the powerful 1922 Committee of Tory MPs.
Comments
Are they waiting for the schools to go back to show them how to do it?
We need to back Rishi.
I also dont have confidence in other areas for Liz based on stuff I have heard. Last i checked the bookies had Liz Truss winning 5 times in 7 which makes her a 71.42857% favourite which is very scary. We just have to hope Rishi can save the day somehow.
YouGov is owned by Stephen Shakespeare, a Conservative Party activist, and the family of Nadhim Zahawi.
ConHome used to be owned by Mr Shakespeare, and is now owned by that paragon of virtue, Lord Ashcroft, the non-dom Tory peer.
Even the pollsters are shameless about having skin in the game...
https://uk.yahoo.com/news/tea-strain-mps-stab-being-193052675.html
https://www.msn.com/en-gb/news/uknews/boris-johnson-faces-by-election-humiliation-as-mps-try-to-dance-on-his-political-grave/ar-AAZPLkb?ocid=msedgntp&cvid=32997c56f8df4eadb67dc9514d0f43c1
https://www.msn.com/en-gb/news/world/kids-tell-liz-truss-campaign-visit-is-awkward-and-larry-the-cat-should-be-pm/ar-AAZQK5e?ocid=msedgntp&cvid=cafbbe538e194a9290454b17a3ec1c9a
https://www.msn.com/en-gb/money/other/liz-truss-tax-cuts-policy-ridiculous-and-risks-1970s-style-inflation-economists-warn/ar-AAZOWAv?ocid=msedgntp&cvid=cafbbe538e194a9290454b17a3ec1c9a
https://www.msn.com/en-gb/news/world/liz-truss-doesn-t-listen-doesn-t-learn-and-knows-even-less-about-ireland-than-boris-warns-nervous-brussels/ar-AAZPDwa?ocid=msedgntp&cvid=cafbbe538e194a9290454b17a3ec1c9a
We have record amounts of debt. As of Dec 2021, our Government debt was 2.4 trillion. That is about £35,000.00 per person. Last month alone, the Government had to pay £4 billion just in interest payments.
It's all very well saying the pandemic affected things. But that is like saying that it wasn't a person's fault they lost their job for 2 years. "Fault" is neither here nor there when it comes to finances.
I understand why Mrs Truss is standing on a "reduce taxes, spend more" ticket. Because, on 1 level, politics is about winning. Easy to vote for lower taxes and higher spending.
£2.4 trillion sounds like a fantasy number. People cannot relate to it. Let's write it out in full. This Government owes:-
£2,400,000,000,000.00
At some point, that has to be paid back. At the moment (and inflation is going to cause this to go up massively), we are paying £48 billion p.a just in interest payments. That is over £1,000.00 p.a per taxpayer just on interest. To pay for overspending in the past.
And we want to increase that?
I remembered the figure because it is more than the defence budget.
I just had a quick look, and the interest payments for June were £8.7billion.
Any promise of tax cuts will appeal to any electorate, particularly if no explanation of the consequences was forthcoming.
If Liz Truss got elected through the promise of tax cuts, there would have been no real point in getting rid of Boris Johnson.
More bullsh1t.
Wouldnt it be ironic if Rishi Sunak didnt get elected because he told the truth.
A bit like the Boris bus, really
Whichever way you count it, it is a massive problem that inflation will greatly worsen.
Fact remains that The Tory Party will look to carry on racking up the Credit card bill, and leave it to a future generation to pick up the tab.
How very Socialist
Although people that are struggling may well fall for it.
Also they make such a big thing out of dropping the basic rate by 1%.
If you were earning 40k per year, it would make you about a fiver better off.
Thats not even a pint, whoopee.
https://www.msn.com/en-gb/money/other/liz-truss-s-tax-cuts-could-cause-7-interest-rates-warns-her-own-economics-guru/ar-AAZRV4g?ocid=msedgntp&cvid=3d8be9e60e9c4182b8ee4bcb5320beb9
https://www.msn.com/en-gb/news/uknews/brexit-liz-truss-warned-new-plan-to-ditch-thousands-of-eu-laws-by-end-of-2023-will-cause-chaos/ar-AAZSz1n?ocid=msedgntp&cvid=3460df6e5397430484d1e1ed2369a232
Rishi Sunak v Liz Truss: The two candidates to be our next Prime Minister could not have more different economic policies. Rishi Sunak says tax cuts will stoke inflation. Liz Truss believes they can power growth. So who is right? Our panel of experts will help you decide...
https://www.dailymail.co.uk/news/article-11041003/Tory-leadership-race-Rishi-Sunak-Liz-Truss-correct-tax.html
ANDREW PIERCE: With the benefit of hindsight, it was obvious something wasn't right. Boris Johnson looked unusually forlorn, occasionally holding his head in his hands, while sitting just yards from members of the Royal Family in the grandstand for the Queen's Platinum Jubilee Pageant. Even worse for the Prime Minister, the Labour leader Sir Keir Starmer was almost within touching distance as the entertainment unfolded in front of Buckingham Palace. The thunderbolt had struck as he was preparing to leave Downing Street for the short drive to Buckingham Palace with his wife Carrie. His mobile telephone vibrated and his heart sank when he saw the name flashing on the screen. It was Sir Graham Brady, chairman of the powerful 1922 Committee of Tory MPs.
https://www.dailymail.co.uk/debate/article-11040663/ANDREW-PIERCE-Boris-Johnson-betrayed-toppled-Tory-coup-inside-accounts-reveal.html