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"What's worse is that the perceived 20 billion black hole has increased to 30 billion in a year. Is there a risk that after 5 years it could be as high as 70 billion ???" Why is it perceived, Reeves is responsible for doubling the "black hole" to £20b through the public sector pay increases. You can't live beyond your means and when you try you go bankrupt pdq. In 4 yrs time if this Govt survives that long and the country doesn't go bust before then, in 2029 I dread to think the state the country will be in. At least Sunak and co had inflation back to 2% with unemployment being stable and not rising. -
He seemed to me to be fully immersed in the Jeremy Corbyn ethos of the Labour Party. I dint think that (and self describing as a Marxist) would have helped much when Labour was changed under Starmer. There was a purge of people as far left as him that he was lucky to survive once in my opinion. Stuff like this heavy endorsement of Momentum and Corbyn. It doesn't wash with a party that is in actual government. https://labourlist.org/2020/04/forward-momentum-weve-launched-to-change-it-from-the-bottom-up/ -
I perceive the problem.simply as spending too much without first shoring up the economy. If the government had reduced borrowing, and as much as most hate the idea, reduced government deiartment spending (so called austerity) and not bowed to union pressures for pay rises, then encouraged businesses to grow, extra cash would have entered the coffers and at a later stage when the economy was in a stronger position rises in NI or taxes would have a lesser impact, but instead Reeves turned that on its head by increasing ni which has killed growth, increased prices and shimmied the economy. What's worse is that the perceived 20 billion black hole has increased to 30 billion in a year. Is there a risk that after 5 years it could be as high as 70 billion ??? -
That petition is bananas. If you want a youth centre there pay the landlord the same rent a Londis would and build it yourself or shut the f**k up to be honest. Wasting our MPs time with this trivial nonsense is appalling. If your kids are still out at 1am on a school night you've got bigger problems than vapes and booze and hot sausage rolls.
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