| The mini budget 12:00 - Sep 23 with 8024 views | Gwyn737 |
Congratulations if you’re in the top 1% of earners. If you earn a million pounds a year you are now £54,400 better off.
Don’t worry if you earn around £25k, you’ll be around a massive £280 better off.
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| The mini budget on 22:59 - Sep 23 with 940 views | 1462jack |
| The mini budget on 21:24 - Sep 23 by trampie |
I'm lost for words, it's greed, it's well known trickle down doesn't work, the Tories are doing it to look after themselves and their rich friends at the expense of the general population.  |
As per usual mate 👌🽠It’s a kick in the teeth |  | | |
| The mini budget on 23:02 - Sep 23 with 927 views | Best_loser |
| The mini budget on 22:40 - Sep 23 by trampie |
The note is a tradition. |
The next Tory note should say left you with a 3 trillion quid debt , good luck [Post edited 23 Sep 2022 23:06]
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| The mini budget on 00:18 - Sep 24 with 886 views | max936 |
The expectation that Truss was gonna do anything worthy to help those who are struggling and those that inevitably will struggle is saddening, you saw her red herring of the energy cap, those expecting an annual cap of £2,500 were misled as the cap seemingly only applies to the unit of energy charge, just how that works is another conundrum.
She was never gonna bow down to the average person in the street never, she's a ruthless evil cow, its was always a sham government with Boris, but he was elected this cow wasn't elected by the electorate, its a sham and this is just the start folks. [Post edited 24 Sep 2022 11:50]
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| The mini budget on 00:33 - Sep 24 with 882 views | max936 |
| The mini budget on 15:33 - Sep 23 by Treforys_Jack |
Don't bet on it  |
In it, where's the opposition floundering in the shallows with the useless Starmer, dear me, never known a Labour party as apathetic as this lot. | | | |
| The mini budget on 01:57 - Sep 24 with 867 views | KeithHaynes |
Have they reduced the lower rate of income tax to 19% ?
So they can decrease next years public pensions by 2% ?
Great move, yes tax minister. |  |
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| The mini budget on 07:51 - Sep 24 with 823 views | Kilkennyjack |
| The mini budget on 22:06 - Sep 23 by Treforys_Jack |
Not sure they are tbh, people still vote for them for some bizarre reason. |
Not in Cymru.
Last Tory win in Wales was 1859.
Cymru never votes Tory. |  |
| Beware of the Risen People
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| The mini budget on 07:55 - Sep 24 with 821 views | Gwyn737 |
| The mini budget on 07:51 - Sep 24 by Kilkennyjack |
Not in Cymru.
Last Tory win in Wales was 1859.
Cymru never votes Tory. |
Yet some will have you believe Wales is full of retired English Tories 🤷🻠| | | |
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| The mini budget on 08:11 - Sep 24 with 813 views | raynor94 |
| The mini budget on 07:51 - Sep 24 by Kilkennyjack |
Not in Cymru.
Last Tory win in Wales was 1859.
Cymru never votes Tory. |
Yet more vote Tory than Plaid in Wales.
Explain that one |  |
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| The mini budget on 08:37 - Sep 24 with 801 views | BryanSwan |
| The mini budget on 07:51 - Sep 24 by Kilkennyjack |
Not in Cymru.
Last Tory win in Wales was 1859.
Cymru never votes Tory. |
There are 13 Tory MPs in Wales, 13 too many of the conniving buggers in my book. | |
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| The mini budget on 08:42 - Sep 24 with 797 views | BryanSwan |
| The mini budget on 22:14 - Sep 23 by Catullus |
Thats what I tend to think, they know they are losing the next election so they are making it as hard for Labour as they can.
The same kind of thing that labour did when they were last in power, remember the note...there's no money left. It's one of the problems with our system. Maybe we'd be better off with a one party system  |
Maybe a no party system would be better. | |
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| The mini budget on 08:56 - Sep 24 with 795 views | Catullus |
| The mini budget on 21:02 - Sep 23 by 73__73 |
The politics of envy. I’d rather spend my money on something I want, rather than give it to the government so they can send arms to the Ukraine to kill Russians. |
Well if the Russians hadn't invaded Ukraine, though she has promised to keep on sending aid anyway so your point is, pointless.
It's not envy to disagree with the changes, it's hardly envy when people who aren't struggling are given a lot more and people who may have to choose between heat or eat are given next to nothing in comparison, it's more disgust than envy.
I've said it a few times, we personally have been quite lucky and we are still in a fixed term deal for another 13 months, our gas&electric bill will rise then by about 40 quid per month, that's 480 per year which is already a lot more than the gains I make from the tax and NI changes (which is obviously after the government capped bills too or I'd be a lot worse off) so by the time you add inflation in on food. clothes and petrol I am still hundreds worse off per year. That is true for the majority in the country and the outcome will be less money spent in shops and the economy will suffer. The top end shops won't because the rich can spend even more so the luxury brands will be OK but anyone below that is facing hard times.
Then there's the even bigger problem of how does the country pay for these things? In the end it will mean massive cuts to services, even the NHS and then there will be big tax rises in the future when common sense returns, those raises will take us well past where the thresholds were before Truss and Kwarteng did this silly thing. We have just seen a financial death spral kick started so everybody should start peparing for the really hard times that are just around the corner. Don't get ill, save what you can and dig in, in a few years the interest rates will be back to levels last seen between 1979 and 1992. The last rate rise has added hundreds on to some mortgages already. | |
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| The mini budget on 10:52 - Sep 24 with 754 views | controversial_jack |
Conservatives from now on will be known as the party of borrowing, which in reality is what they always have been | | | |
| The mini budget on 11:59 - Sep 24 with 732 views | max936 |
| The mini budget on 01:57 - Sep 24 by KeithHaynes |
Have they reduced the lower rate of income tax to 19% ?
So they can decrease next years public pensions by 2% ?
Great move, yes tax minister. |
They get it back somewhere, that's for certain, if they wanted to help reduce inflation they should have reduced the VAT, which would encourage people to spend more, 20% vat on things you buy that could be seen as essential buys are ridiculous. | | | |
| The mini budget on 13:03 - Sep 24 with 709 views | Gwyn737 |
Have the tories finally done something indefensible?
Not even Felix has come in with defence | | | |
| The mini budget on 13:44 - Sep 24 with 696 views | onehunglow |
| The mini budget on 13:03 - Sep 24 by Gwyn737 |
Have the tories finally done something indefensible?
Not even Felix has come in with defence |
Twa'teng has managed to upset both the City and the "ordinary person".
People are not daft enough to believe the tax rate cuts to the better off are to encourage entrepreneurs. It is shameless. | |
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| The mini budget on 13:50 - Sep 24 with 690 views | waynekerr55 |
The whole brexit debate was about "taking back control"
We now have the opaquely funded IEA "think tank" running government [Post edited 24 Sep 2022 14:00]
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| The mini budget on 14:32 - Sep 24 with 665 views | onehunglow |
| The mini budget on 13:50 - Sep 24 by waynekerr55 |
The whole brexit debate was about "taking back control"
We now have the opaquely funded IEA "think tank" running government [Post edited 24 Sep 2022 14:00]
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Cameron,for me,will be damned a the politician who pandered to people's xenophobia and gave them a referendum to leave EU,not believing for a minute we would vote to Leave;the biggest mistake any politician has taken since WW11.
I can imagine the Right wanting to kick Jonny Foreigners out but "working class" people;still cant get my head around it. | |
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| The mini budget on 15:13 - Sep 24 with 652 views | majorraglan |
| The mini budget on 08:56 - Sep 24 by Catullus |
Well if the Russians hadn't invaded Ukraine, though she has promised to keep on sending aid anyway so your point is, pointless.
It's not envy to disagree with the changes, it's hardly envy when people who aren't struggling are given a lot more and people who may have to choose between heat or eat are given next to nothing in comparison, it's more disgust than envy.
I've said it a few times, we personally have been quite lucky and we are still in a fixed term deal for another 13 months, our gas&electric bill will rise then by about 40 quid per month, that's 480 per year which is already a lot more than the gains I make from the tax and NI changes (which is obviously after the government capped bills too or I'd be a lot worse off) so by the time you add inflation in on food. clothes and petrol I am still hundreds worse off per year. That is true for the majority in the country and the outcome will be less money spent in shops and the economy will suffer. The top end shops won't because the rich can spend even more so the luxury brands will be OK but anyone below that is facing hard times.
Then there's the even bigger problem of how does the country pay for these things? In the end it will mean massive cuts to services, even the NHS and then there will be big tax rises in the future when common sense returns, those raises will take us well past where the thresholds were before Truss and Kwarteng did this silly thing. We have just seen a financial death spral kick started so everybody should start peparing for the really hard times that are just around the corner. Don't get ill, save what you can and dig in, in a few years the interest rates will be back to levels last seen between 1979 and 1992. The last rate rise has added hundreds on to some mortgages already. |
Some really good points here. The average salary for all workers in the U.K. is just over £31k, a person earning £30k will be £392 per year better off which, when compared to the rates at which food is increasing, fuel, utility costs are going up is very little. We have a “cap” on electricity, but it’s gone up over double in the last 12 months, mortgages are on the up and finances are being tightened. We’re already in recession and it’s going to get worse.
Rebecca Evans the Welsh Minister for Finance was being interview on the radio last night as I was driving home, one of the points she made was that as a result of inflation and the additional energy costs we’re experiencing an extra £4bn will be added to the public expenditure bill, however there is no money to pay for the £4bn therefore public services like the NHS are going to be seriously affected. The government have set a target of 2.5% growth per year, but that hasn’t been achieved since 2008.
People on lower wages will be worse off. I am in favour of tax reduction, but it has to be balanced out. Tough times ahead. | | | |
| The mini budget on 15:52 - Sep 24 with 644 views | Lohengrin |
| The mini budget on 13:03 - Sep 24 by Gwyn737 |
Have the tories finally done something indefensible?
Not even Felix has come in with defence |
What is it they’ve done do you think, Gwyn? |  |
| An idea isn't responsible for those who believe in it. |
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| The mini budget on 16:01 - Sep 24 with 640 views | Gwyn737 |
| The mini budget on 15:52 - Sep 24 by Lohengrin |
What is it they’ve done do you think, Gwyn? |
Produced a budget that’s so risky it could see really quite serious long term damage. | | | |
| The mini budget on 16:27 - Sep 24 with 624 views | Lohengrin |
| The mini budget on 16:01 - Sep 24 by Gwyn737 |
Produced a budget that’s so risky it could see really quite serious long term damage. |
An excellent answer. You’ll see and hear the recurring phrase in the coming days “ a rising tide lifts all boats,” or variations thereof. It’s the hackneyed trans-Atlantic trope that’s become part of the free-market catechism. And it’s a lie.
Here’s what they’ve actually done: They’ve taken the last of the National chips to the casino and, with their fingers-crossed, put the lot on No.7.
There was somebody on here talking about ‘Accelerationism’ recently. Well, buckle-up, son. Your hour is at hand. | |
| An idea isn't responsible for those who believe in it. |
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| The mini budget on 16:32 - Sep 24 with 622 views | max936 |
| The mini budget on 00:33 - Sep 24 by max936 |
In it, where's the opposition floundering in the shallows with the useless Starmer, dear me, never known a Labour party as apathetic as this lot. |
Dadsarmy never mind hiding in the shadows down arrowing posts which you disagree with, offer up an alternative opinion, you'll garner more respect then.
Until then you serve little purpose. | | | |
| The mini budget on 16:34 - Sep 24 with 620 views | max936 |
| The mini budget on 16:27 - Sep 24 by Lohengrin |
An excellent answer. You’ll see and hear the recurring phrase in the coming days “ a rising tide lifts all boats,” or variations thereof. It’s the hackneyed trans-Atlantic trope that’s become part of the free-market catechism. And it’s a lie.
Here’s what they’ve actually done: They’ve taken the last of the National chips to the casino and, with their fingers-crossed, put the lot on No.7.
There was somebody on here talking about ‘Accelerationism’ recently. Well, buckle-up, son. Your hour is at hand. |
Excellent post Loh | | | |
| The mini budget on 16:36 - Sep 24 with 619 views | Gwyn737 |
| The mini budget on 16:27 - Sep 24 by Lohengrin |
An excellent answer. You’ll see and hear the recurring phrase in the coming days “ a rising tide lifts all boats,” or variations thereof. It’s the hackneyed trans-Atlantic trope that’s become part of the free-market catechism. And it’s a lie.
Here’s what they’ve actually done: They’ve taken the last of the National chips to the casino and, with their fingers-crossed, put the lot on No.7.
There was somebody on here talking about ‘Accelerationism’ recently. Well, buckle-up, son. Your hour is at hand. |
And it appears to be part 1 of 3 in the gamble, Loh.
Next bit is deregulation, which didn’t work in the banking system (see 2008), and allows daft stuff to happen like fracking and the reversal such as good policies like the sugar tax, which has seen recipes modified to be healthier and millions of children provided with free breakfasts through the tax taken in.
Part 3 is reducing spending which they’ve tried since 2010 by slashing public services, only this time it’s not coupled with austerity, it’s partnered with giving money to the most well off.
Trickle down economics? Shambolic. | | | |
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