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Topic review - 'Mini Budget'
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Lex
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Posted: Sat Sep 24, 2022 4:18 pm
I have a feeling this is going to go horribly wrong. Truss came up with this rubbish to get voted in as party leader, and damn the consequences; a tactic that didn't work for Comrade Jezza either.
I have a feeling this is going to go horribly wrong. Truss came up with this rubbish to get voted in as party leader, and damn the consequences; a tactic that didn't work for Comrade Jezza either.
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rebbonk
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Posted: Sat Sep 24, 2022 1:14 am
The PM and her chancellor are a pair of chancers. They've not even let the OBR do any calculations about what's been proposed.
It's a 'sh*t or bust' gamble, and if growth doesn't come quickly the country will be paying off loans for decades to come. The markets haven't reacted well to it, there's a reason why. - Look at the early 70s when this was tried, it didn't end well.
The PM and her chancellor are a pair of chancers. They've not even let the OBR do any calculations about what's been proposed.
It's a 'sh*t or bust' gamble, and if growth doesn't come quickly the country will be paying off loans for decades to come. The markets haven't reacted well to it, there's a reason why. - Look at the early 70s when this was tried, it didn't end well.
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Lex
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Posted: Fri Sep 23, 2022 5:44 pm
'Mini Budget'
While it's nice to have a (bit) of extra cash in our pockets, we're still going to have higher taxes/service cuts for decades to come: https://stratfordobserver.co.uk/news/mini-budget-welcome-boost-to-firms-but-long-term-plan-needed-say-regions-business-leaders-41332/
I wonder what would hapen if public finances were subject to the same requirements & audited to the same standard as private enterprise....
While it's nice to have a (bit) of extra cash in our pockets, we're still going to have higher taxes/service cuts for decades to come: [url]https://stratfordobserver.co.uk/news/mini-budget-welcome-boost-to-firms-but-long-term-plan-needed-say-regions-business-leaders-41332/[/url]
I wonder what would hapen if public finances were subject to the same requirements & audited to the same standard as private enterprise....
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