[Politics] Liz Truss **RESIGNS 20/10/2022**

[ConfusedGloryHunter]

Looks like the Tory’s have got their wish of the U.K. being a haven for the wealthy. Hopefully the poor will just die or something?

That is a ridiculous statement.

They need lots of poor people. There are bins to empty, roads to sweep, strawberries to pick, bums to wipe, food to serve, silver to polish, the list is endless. What they really want is the real fear of starvation to return so they can force people to work for them. I mean it is gradually coming back but just not fast enough!

 

[CHAPPERS]

Nice little tax cut for the PM.

 

[Not Andy Naylor]

Sounds like a great idea. Maybe we should put you in charge of who can and who can't vote? In fact why not just dispense with that and get rid of voting altogether and just have you and your mates just pick whats best for us 'mere mortals' who are not up to your exhaled status of knowledge in all things. Based on your daily subscription to The Sun, The Guardian or whatever slanted journo shit you read.

Believe it or not, it is possible to get information from sources other than tabloids or the 10 mins slot every few hours that starts with a bit of music. Shocking fact.

As for KS roots, as I said, I can't remember and very happy to be corrected on my misinformation. If it's wrong, it's wrong and I'm happy to be corrected.

As a wiser man than myself once said, democracy is the worst system of government in the world, except for all the others.

 

[Is it PotG?]

The best argument against democracy is a five-minute conversation with the average voter - Winston Churchill

 

[WATFORD zero]

To be fair, if you are earning over 150K and about to buy your first property for £624,000 then respect

You certainly understood what you were voting for

 

[Swansman]

As a wiser man than myself once said, democracy is the worst system of government in the world, except for all the others.

May or may not be the case now, but it is too unpredictable and too fickle to survive into the future. The red thread in the history of civilisation is the continuous move towards more organisation and more control, and democracy does not fit into that.

Democracy will be gone by the end of the century, replaced by some kind of corporate technocracy. Don't think most people will miss it.

 

[Bold Seagull]

Boom or bust basically. All in on the pair of kings in your hand. No idea what anyone else has got. Unbelievable really. BofE raising interest rates to tackle rampant inflation, government trying to do the reverse. Madness.

The magic money tree fully realised by trussenomics.

 

[The Clamp]

This is how the seeds of revolution are sown.

 

[pb21]

Boom or bust basically. All in on the pair of kings in your hand. No idea what anyone else has got. Unbelievable really. BofE raising interest rates to tackle rampant inflation, government trying to do the reverse. Madness.

The magic money tree fully realised by trussenomics.

These announcements do seem very ideological and not very pragmatic.

I also can’t believe that this is the extent of tax cuts etc. that they would like to see. Surely they wont have gone all in, just what they think is the low hanging fruit?

 

[Seagull27]

Is this all because the Tories know they are likely to lose the next election, but these proposals might give them a chance by bringing all the wealthy people in the shires back on board - and even in they lose if will mean Labour have to introduce more taxation to help pay for crippled public services when and if they do get back in power?

I think it's a case of getting the donors back on side now (many weren't happy with the latter days of the Johnson government), and then when it's closer to the election they'll release a few token policies and soundbites to please us plebs in the hope these current changes will be forgotten.

And unfortunately it'll probably work.

 

[Not Andy Naylor]

May or may not be the case now, but it is too unpredictable and too fickle to survive into the future. The red thread in the history of civilisation is the continuous move towards more organisation and more control, and democracy does not fit into that.

Democracy will be gone by the end of the century, replaced by some kind of corporate technocracy. Don't think most people will miss it.

Most people won't notice as they will be made to believe that reality TV shows and (I'm afraid) Premier League football are more interesting and important anyway. The danger is that - as in the USA - we'll end up with off-grid libertarians determined to defend their freedoms with shotguns.

 

[Bold Seagull]

These announcements do seem very ideological and not very pragmatic.

I also can’t believe that this is the extent of tax cuts etc. that they would like to see. Surely they wont have gone all in, just what they think is the low hanging fruit?

It's based on huge amounts of borrowing. There is no money coming in to pay for the cuts - so every cut is borrowed money. The hope is that corporation tax cuts, higher rate cuts will get businesses investing and people spending - but that is a high risk strategy at a time of uncertainty on so many fronts.

This isn't borrowing to invest in education, the NHS, or public services, this is huge borrowing on a gamble of trickle down economics. You are right, completely ideological, illogical, and reckless.

 

[The Clamp]

I think it's a case of getting the donors back on side now (many weren't happy with the latter days of the Johnson government), and then when it's closer to the election they'll release a few token policies and soundbites to please us plebs in the hope these current changes will be forgotten.

And unfortunately it'll probably work.

They will carry on exactly how Johnson did. Do one thing and claim another. Guarantee in two years time Truss will claim to have fixed our economy, no matter the mess they have made of it. And it will work. It always does.

I’m rather livid about this morning’s budget. And there’s **** all anyone can do, for now.

 

[vegster]

Well, my boss will be happy today. Will anything trickle down to me and my 30 or so equally deserving colleagues ? No. We will just have to work harder, tighten our belts and take it on the chin as usual... still, at least I still have 28 total days paid holiday at the moment.

 

[Swansman]

Most people won't notice as they will be made to believe that reality TV shows and (I'm afraid) Premier League football are more interesting and important anyway. The danger is that - as in the USA - we'll end up with off-grid libertarians determined to defend their freedoms with shotguns.

Think it will be difficult to make it happen without a fair amount of chaos practically making people beg for a change of system.

If it would be announced today that elections from now on are cancelled because the boys over at Cerberus 666 Inc. got all the knowledge, data and tools to make a society function a lot better than any elected bunch of muppets could... I think people would be pretty upset. As with previous major system changes, I think hitting rock bottom is a necessity that people lose confidence in the current system and wanting to replace it with something else. But that can and will be arranged... just takes time.

 

[Kinky Gerbil]

This borrowing is absolute batshit, insane levels after the cost of covid.

 

[Bold Seagull]

This borrowing is absolute batshit, insane levels after the cost of covid.

Imagine if the financial advice to home owners at a time of rapidly rising interest rates was to borrow more against the equity on your home, increasing your mortgage so that you can buy a better car, hoping that you might get a pay rise to meet the repayments.

 

[beorhthelm]

budget seems like a list of all the things chancellors have wanted to do for a decade, but wasnt fiscally sensible at the time.

 

[Kinky Gerbil]

budget seems like a list of all the things chancellors have wanted to do for a decade, but wasnt fiscally sensible at the time. bet everyone wishes they had Sunak in charge now?

He was always the sensible option, sadly they were never going to vote for it as it wasnt popular, people were happy to take the money during covid, but dont want to pay it back.

 

[The Clamp]

Can’t say if I had a wish it would be that Sunak was leader.