If it is of any interest, The full report into the background for the statement.
https://researchbriefings.files.parliament.uk/documents/CBP-9623/CBP-9623.pdf
1 Like
tl:dr = The rich are fine, the poor are fucked, have we forgotten anybody ?
2 Likes
The lack of an OBR forecast is really worrying. Iām that report, it says that the OBR said they could do one, but the chancellor didnāt request it.
It highlights to me that this government is running on dogma, rather than data. Kinda scary.
1 Like
Smog said on Newsnight last night that a lack of an OBR report didnāt matter as no OBR forecast had ever been correct.
He also said how Reagan introduced similar measures and what a huge success they were in stimulating growth in subsequent years. For some reason, he omitted to mention that they were successful in terms of making the rich a great deal richer and causing decades long stagnation in the standard of living of the lower and middle classes. Canāt think why.
As usual he was not challenged on any of this by the pet poodle that is your typical BBC political interviewer these days. Bring back the likes of Paxman, Waldon et al.
1 Like
They wish it to be true, so it is true. For example
Threatening to ship people arriving on small boats to Rwanda will reduce the number of people arriving on small boats.
The EU will be āflexibleā about applying the protocol, which we both agreed to, concerning trade and Northern Ireland.
The big companies which own our water infrastructure will spend their profits on stopping raw sewage discharges into our inland and coastal waters.
There are substantial āefficiency savingsā to be had in any and every public sector body.
The poor outcomes of policies which are based on dogma and which contradict the facts are caused solely by lack of commitment on the part of those implementing them.
There are loads more untruths like these, Iām sure.
6 Likes
I used to do forecasting, albeit financial rather than economic. Whenever I ran training courses, I would start off with a line like āall forecasts are wrong; the key is to produce a forecast that is useful for the decisions that need to be madeā.
When the decision is already made, you donāt need a forecast.
1 Like
I thought the OBR had done a forecast but the govt declined them publishing it
Coming from the cunt who shorted sterling on brexit.
1 Like
No. They had done the prep, and said that they could do one, but the government told them to, uh, do oneā¦
4 Likes
When people canāt afford their Sky subscription / newspaper / broadband etc the favorable light shining on these unfavorable policies and people may dim.
2 Likes
MOT waiting room has BBC parliament on the telly. The Labour someone or other for health has just quoted Dr Dre at Therese Coffeyā¦
Yep, the middle class becoming the new poor.
At that point , theyāll probably do something about it. And hopefully stop believing all the bullshit. I hopeā¦
Weāre at that point already.
And got an Irish passport I think
Actual political ideas up for debate, this needs to be stamped out before it catches on!
Assume they intend to borrow to meet that spending commitment. I havenāt seen anything yet saying they have dropped the spending commitments.
I think they sent the email out early by mistake, assume it was supposed to be announced in the mini budget tomorrow (or hidden on a bad news day)