In todays news...

Current affairs, Politics, News.
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Re: In todays news...

Post by gremlin »

Shouldn't social services be called in respect of calling a child 'Tiona-Jai'?
All aboard the Peckham Pigeon! All aboard!
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Re: In todays news...

Post by Mussels »

Rishi Sunak: The time has come to cut tax
https://www.bbc.co.uk/news/uk-politics-67472117

Woohoo! Unfortunately I expect 'cut tax' really means not increase it as much as they wanted.
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Re: In todays news...

Post by Yambo »

You can't keep cutting tax and making up the shortfall by borrowing.

Well, you can but it's not the best way to run a country. Or is it?
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Count Steer
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Re: In todays news...

Post by Count Steer »

Mussels wrote: Mon Nov 20, 2023 3:57 pm Rishi Sunak: The time has come to cut tax
https://www.bbc.co.uk/news/uk-politics-67472117

Woohoo! Unfortunately I expect 'cut tax' really means not increase it as much as they wanted.
Well, they've given the nod on the level that Council Tax can be increased by without consultation or objection. 5%

So I don't expect local services to improve much, just get a bit more expensive.
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Re: In todays news...

Post by Potter »

They literally make this stuff up and hope that the public don't understand it anyway and simply take some sort of positive message from it. Sunak is a hideous spectre of a PM with an empty plan, Hunt is telling bare faced lies and now it's ok to offer tax cuts funded by ghost economics.
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Re: In todays news...

Post by Cousin Jack »

Yambo wrote: Mon Nov 20, 2023 4:50 pm You can't keep cutting tax and making up the shortfall by borrowing.

Well, you can but it's not the best way to run a country. Or is it?
You can if you are a PM facing losing your job in 12-18 months. Either the tax-cut bribe works, and you get re-elected, or it doesn't, and it becomes someone else's problem.
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Re: In todays news...

Post by wheelnut »

Yambo wrote: Mon Nov 20, 2023 4:50 pm You can't keep cutting tax and making up the shortfall by borrowing.

Well, you can but it's not the best way to run a country. Or is it?
It’s the best way to get re-elected. Let the next guy worry about spinning the plates.
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Re: In todays news...

Post by Yambo »

Cousin Jack wrote: Mon Nov 20, 2023 8:28 pm
Yambo wrote: Mon Nov 20, 2023 4:50 pm You can't keep cutting tax and making up the shortfall by borrowing.

Well, you can but it's not the best way to run a country. Or is it?
You can if you are a PM facing losing your job in 12-18 months. Either the tax-cut bribe works, and you get re-elected, or it doesn't, and it becomes someone else's problem.
wheelnut wrote: Mon Nov 20, 2023 8:40 pm

It’s the best way to get re-elected. Let the next guy worry about spinning the plates.
Clear cut evidence then that this Conservative government's priority is not what is best for the country.

I wonder why the media do not pick up on it. Maybe they don't care about what is best for the country.

I think Liz Truss should be brought back.
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Re: In todays news...

Post by Potter »

Yambo wrote: Tue Nov 21, 2023 9:28 am
Clear cut evidence then that this Conservative government's priority is not what is best for the country.
I've said this before, they're either so bad that they mess it up through incompetence or they do it on purpose, I can't see of any other option.
Last edited by Potter on Tue Nov 21, 2023 10:25 am, edited 1 time in total.
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Re: In todays news...

Post by Taipan »

Yambo wrote: Mon Nov 20, 2023 4:50 pm You can't keep cutting tax and making up the shortfall by borrowing.

Well, you can but it's not the best way to run a country. Or is it?
I think it depends on the Debt-to-GDP Ratio?
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Re: In todays news...

Post by v8-powered »

Pirahna wrote: Sun Nov 19, 2023 9:45 am Whatever happened to brick walls with broken glass cemented on top?
I can remember those when I was growing up and hadn't seen them for circa 30 years until we went to Madeira a few weeks back, seems to be en vogue there..
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Re: In todays news...

Post by Cousin Jack »

Taipan wrote: Tue Nov 21, 2023 10:14 am I think it depends on the Debt-to-GDP Ratio?
I does, and the ratio is not good. It will get worse.
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Re: In todays news...

Post by irie »

Cousin Jack wrote: Tue Nov 21, 2023 4:06 pm
Taipan wrote: Tue Nov 21, 2023 10:14 am I think it depends on the Debt-to-GDP Ratio?
I does, and the ratio is not good. It will get worse.
Not disagreeing with you but ...

... what matters is the UK ratio relative to that of other comparable countries, particularly continental European.
"Truth does not change because it is, or is not, believed by a majority of the people." - Giordano Bruno
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Re: In todays news...

Post by Cousin Jack »

It is all the economics of madness. Debt near (or above GDP) might just be acceptable if we were investing in infrastructure that will pay for itself over the next 100 years. We are not, we are spending most on current account stuff that should be funded from current taxation.

Basically we are spending more than we earn. And that is not sustainable. Our children and grandchildren will have to pay for it.
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Re: In todays news...

Post by irie »

Cousin Jack wrote: Tue Nov 21, 2023 6:11 pm It is all the economics of madness. Debt near (or above GDP) might just be acceptable if we were investing in infrastructure that will pay for itself over the next 100 years. We are not, we are spending most on current account stuff that should be funded from current taxation.

Basically we are spending more than we earn. And that is not sustainable. Our children and grandchildren will have to pay for it.
Our children (and indirectly our grandchildren) are often party to this madness, fuelled by social media promoted victimhood and wokeness [sic].
"Truth does not change because it is, or is not, believed by a majority of the people." - Giordano Bruno
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Re: In todays news...

Post by Count Steer »

Cousin Jack wrote: Tue Nov 21, 2023 6:11 pm It is all the economics of madness. Debt near (or above GDP) might just be acceptable if we were investing in infrastructure that will pay for itself over the next 100 years. We are not, we are spending most on current account stuff that should be funded from current taxation.

Basically we are spending more than we earn. And that is not sustainable. Our children and grandchildren will have to pay for it.
Ah, the sins of the fathers...Deuteronomy 5:9-10

Guess who made this mess?
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Re: In todays news...

Post by irie »

Count Steer wrote: Tue Nov 21, 2023 7:12 pm
Cousin Jack wrote: Tue Nov 21, 2023 6:11 pm It is all the economics of madness. Debt near (or above GDP) might just be acceptable if we were investing in infrastructure that will pay for itself over the next 100 years. We are not, we are spending most on current account stuff that should be funded from current taxation.

Basically we are spending more than we earn. And that is not sustainable. Our children and grandchildren will have to pay for it.
Ah, the sins of the fathers...Deuteronomy 5:9-10

Guess who made this mess?
Enlighten us. :)
"Truth does not change because it is, or is not, believed by a majority of the people." - Giordano Bruno
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Re: In todays news...

Post by Count Steer »

irie wrote: Tue Nov 21, 2023 8:15 pm
Count Steer wrote: Tue Nov 21, 2023 7:12 pm
Cousin Jack wrote: Tue Nov 21, 2023 6:11 pm It is all the economics of madness. Debt near (or above GDP) might just be acceptable if we were investing in infrastructure that will pay for itself over the next 100 years. We are not, we are spending most on current account stuff that should be funded from current taxation.

Basically we are spending more than we earn. And that is not sustainable. Our children and grandchildren will have to pay for it.
Ah, the sins of the fathers...Deuteronomy 5:9-10

Guess who made this mess?
Enlighten us. :)

You're quite bright, I expect you'll work it out. :thumbup:
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Re: In todays news...

Post by irie »

Count Steer wrote: Tue Nov 21, 2023 8:19 pm
irie wrote: Tue Nov 21, 2023 8:15 pm
Count Steer wrote: Tue Nov 21, 2023 7:12 pm
Ah, the sins of the fathers...Deuteronomy 5:9-10

Guess who made this mess?
Enlighten us. :)
You're quite bright, I expect you'll work it out. :thumbup:
Ha ha, typical cop-out. :lol:
"Truth does not change because it is, or is not, believed by a majority of the people." - Giordano Bruno
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Re: In todays news...

Post by mangocrazy »

irie wrote: Tue Nov 21, 2023 9:37 pm
Count Steer wrote: Tue Nov 21, 2023 8:19 pm
irie wrote: Tue Nov 21, 2023 8:15 pm

Enlighten us. :)
You're quite bright, I expect you'll work it out. :thumbup:
Ha ha, typical cop-out. :lol:
Says the chap who expected me to read umpty squillion pages of the Hamas covenant to back up a point he hadn't even articulated.
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