what happened to the tight fiscal rules and a fully costed plan ,,,, and with this new money tree are the pensioneers getting there fuel payment back liars and fools ,i have know faith in politics
The main problem with the government owning assets is that the appointment of senior staff is not based on merit. The PO is an excellent example where it is "jobs for the boys and girls" based on who you are and what your politics are and not relevant skill and experience.
Not making up to a million before retirement is unfulfilled retirement.!! I’m 54 and my wife 50 we are both retired with over $7 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock and forex market made it possible for us this early, even till now we earn weekly.
all you mention are all good but I’ll advise you venture into fx first because it will help you grow your portfolio very fast and it require not so much to start.
Try changing up the way the country works The trickle down process doesn't work Increase minimum wages, freeze inflation by making it law that the minimum wage is £20-25p/h and will increase by 8% if inflation goes up by 7%, keep the pay rise above inflation Increase taxes by 2% Decrease maximum hours working to 30-35 allowing for people on benefits to find work More workers Less taxes being used for benefits More expendable income meaning people can spend in the economy If they haven't tried it, how do they know it wouldn't fix it, because they want the average working man poor
3 ชั่วโมงที่ผ่านมา
Trickle-down theory is a myth. No capitalist economist has ever said such a thing will happen. "Trickle-down theory" was invented by socialist economists (US Democrats) as a way of ridiculing and misrepresenting a policy that actually shifted the burden of taxation from the poor to the rich - the reverse of what socialists say happens.
Wait until all the rich people and companies leave the country after the budget. You will understand then that trickle down works, as without them spending money, employing people (who also spend and pay tax)etc etc you will see the tax levels increase for every one else, along with lots of job losses. If you doubt it research the 1970’s brain drain.
I bet by the time this Labour leaves office the amount we pay in interest will be governments biggest spend exceeding any other department of government.
So they can’t afford £1bn winter fuel payments for pensioners but are openly discussing £200bn for reparations to foreign countries - people who have never been slaves and have had the best of British inheritance plus independence for decades if not generations.
It is apparent that even some of Starmers goons are becoming skeptical of this black hole claim .Perhaps if more people understood how economies work Reeves, and Starmer wouldn't have been allowed to get away with this piece of Flim-flammery .
Unemployment is higher than it’s ever been, the Tories wiped a million by taking carers of the stats. We simply cannot afford another second of the Tories. Wages have stagnated, we have had next to zero growth in 15 years all while the Tories have been stealing money during covid and having parties. Whilst still finding time to crash the economy which they absolutely did do unless you live in a cave in Azerbaijan.
She lied on cv saying she was an economist at HBOS this should be immediate termination of employment
She is full of bullshit..only a bank clerk and she got the sack from that.she is bloody useless.god help us .
She apparently worked in the complaints department. She should be sacked!
The only black hole in the Labour Party is Angela Rayner's gob.
They have many…one is the space between David Lammy’s ears.
Nah mate, between Lammys ears !
Fraud is a criminal offence is it not.....
Labour doing what Labour does best. Borrow, Spend and borrow some more.
Thier very good at spending money we don't have and then blame everyone else!!
just ask yourself this, if there really is a black hole, why do they refuse to show it openly to the public?
Not only will they not open it the public, they have still not responded to the FT's Freedom of Information request seeking the details.
How can you rant about a black hole and then add to it
An invented black hole !
what happened to the tight fiscal rules and a fully costed plan ,,,, and with this new money tree are the pensioneers getting there fuel payment back liars and fools ,i have know faith in politics
This is what labour voters wanted isn't it 🙄
Rachel doesn't know how to get her own taxes sorted so we pay for an expert to do it for her.YES we pay 😮😮😮😅
Labour use your own Money, not this Countrys.
Why do people keep saying gas lighting......say what it is ..intentional lying !!!!!
Yes passing the blame & Framing .
BRING BACK THE BRADBURY POUND! No need for Austerity plenty of need for prosperity!
The main problem with the government owning assets is that the appointment of senior staff is not based on merit. The PO is an excellent example where it is "jobs for the boys and girls" based on who you are and what your politics are and not relevant skill and experience.
Annabel Denham is an excellent commentator 👌👏
Not making up to a million before retirement is unfulfilled retirement.!! I’m 54 and my wife 50 we are both retired with over $7 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock and forex market made it possible for us this early, even till now we earn weekly.
I got my first house the year I started investing and today networth is over £2m
so perfect
Investment should on every wise individuals bucket list. You will be ecstatic of the decision you made today.
all you mention are all good but I’ll advise you venture into fx first because it will help you grow your portfolio very fast and it require not so much to start.
This is good I guess I'm not alone in this world.
Prove the black hole in the finances. They are accountable to the people. Show us the books
Try changing up the way the country works
The trickle down process doesn't work
Increase minimum wages, freeze inflation by making it law that the minimum wage is £20-25p/h and will increase by 8% if inflation goes up by 7%, keep the pay rise above inflation
Increase taxes by 2%
Decrease maximum hours working to 30-35 allowing for people on benefits to find work
More workers
Less taxes being used for benefits
More expendable income meaning people can spend in the economy
If they haven't tried it, how do they know it wouldn't fix it, because they want the average working man poor
Trickle-down theory is a myth. No capitalist economist has ever said such a thing will happen. "Trickle-down theory" was invented by socialist economists (US Democrats) as a way of ridiculing and misrepresenting a policy that actually shifted the burden of taxation from the poor to the rich - the reverse of what socialists say happens.
Wait until all the rich people and companies leave the country after the budget. You will understand then that trickle down works, as without them spending money, employing people (who also spend and pay tax)etc etc you will see the tax levels increase for every one else, along with lots of job losses. If you doubt it research the 1970’s brain drain.
They want cheap foreign labour so that they can make more money for them and there rich mate's. They don't want plebs like us having what they've got
I bet by the time this Labour leaves office the amount we pay in interest will be governments biggest spend exceeding any other department of government.
By the time this labour government leaves office we'll be out with the begging bowls and own even less ...sad but true 👍 😌
So they can’t afford £1bn winter fuel payments for pensioners but are openly discussing £200bn for reparations to foreign countries - people who have never been slaves and have had the best of British inheritance plus independence for decades if not generations.
The ones who gaslight us was the Tories
So if this £22 billion hole actually existed.... Then why are Liebour increasing it to
£44 billion
This is what socialists, they spend everyone's money and leave the country flat broke..simples 😊😊
It is apparent that even some of Starmers goons are becoming skeptical of this black hole claim .Perhaps if more people understood how economies work Reeves, and Starmer wouldn't have been allowed to get away with this piece of Flim-flammery .
If they cancelled the projects the Tony's ear marked money for there wouldn't be a black hole , other than the one they have created
Somehow it's 40billion now😂
Inflation for ya 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
is that Princess Kate ?
Racheal Reeve??? :)
The more I to this Mike guy the more I think he has no grasp of detail. And he twists facts to meet his and his target audience’s prejudices.
Unemployment is higher than it’s ever been, the Tories wiped a million by taking carers of the stats. We simply cannot afford another second of the Tories. Wages have stagnated, we have had next to zero growth in 15 years all while the Tories have been stealing money during covid and having parties. Whilst still finding time to crash the economy which they absolutely did do unless you live in a cave in Azerbaijan.