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Re: [Update 2] PM Boris forms a government
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---------- Post added at 19:22 ---------- Previous post was at 19:20 ---------- Quote:
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Meanwhile sit back and watch the Boris show. |
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Oh I enjoy car crash television as well.
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Facepalm :D
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Taking on debt to fund investment in infrastructure is not what New Labour are criticised for. It was funding annual spending via increasing deficits. This was the 'bad state of the economy' people are referring too likewise when they say Labour didn't 'fix the roof whilst the run was shining'. The whole justification for austerity and the central project of the Conservative Government from 2010-2016 was to eliminate the deficit. When people say 'balance the books' they mean the budget and not investment in things like HS2. If Boris Johnson intends to fund social care via running higher deficits then this isn't a costed proposal, this isn't balancing the books and it is ultimately kicking the bill down the road until it's picked up by future governments. If you count that as 'costed' then fine but it makes the discussion pointless because ultimately everything we spend will be funded by debt and the entire argument OB was making about the Labour government is undermined. (There is an argument that running permeant deficits is sustainable so long as the economy grows faster but that's more a lefty vision of the world ;) ) |
Re: [Update 2] PM Boris forms a government
I think that Boris understands how creating wealth ultimately funds improved public services. I hope he knows how to do this.
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The "trickle down" effect has been proven not to actually happen - all that happens is the wealth gets further consolidated in the top 0.1%. |
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Borrow to spend - is the road to the end. |
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I'm no Boris fan and I hope that his advisers are guiding him soundly, but I do at least give him credit for understanding the core principle of creating wealth. |
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And creating wealth for who? For instance, the people who own Wal-Mart are wealthy, but their workers need food stamps... |
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Why bother creating 'wealth' when it gets spent on crap?
This brilliant high speed rail link will cost £billions, but the NHS is falling apart and schools are going bankrupt :rolleyes: |
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What is the core principle of creating wealth? |
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OK, then...
I thought it was creating markets for goods and services that people want and can afford, and also ensuring people earn/keep enough to recycle their earnings by purchasing goods and services, but also pay their fair share of taxes to support the things we value in society. Depends if one means wealth for individuals or a wealthy society, which isn’t solely monetary... |
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£30bn on the right infrastructure project (e.g. HS2 - note I’m not saying that is the right one it’s only an example) could employ thousands of people directly, tens of thousands more in the areas around construction. Many will be highly paid, skilled and relatively stable jobs. If the project reduces the costs to business, takes pressure off housing in the south east then it could yield benefits realised in the long term far in excess of £30bn. It has to be the right project though and not a big damp squib. Note it's going to be easy to criticise the above specific to HS2 which is why I'm specifically not defending it. |
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Borrow money to just pay directly for public services and you'll always be borrowing that money. Borrow to invest in projects, that increase productivity, create jobs and strengthen the economy, and you'll raise taxes to pay for your public services and pay of the debt that you borrowed. |
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I don't often agree with Pierre ;)
You could borrow your way out the troughs in an economic cycle but that's a careful calculation and by exception. |
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Don't borrow on anything that doesn't (normally) appreciate. Good for personal as well as national finances. The difference is you can choose not to get that new ?? and make do but nationally you are choosing for others.
The problem is the holes are nearly all "infinite". No matter how much you spend, someone will miss out. Projects nearly all over run or cost too much, usually because they aren't managed well and there are too many fingers in the pie looking out for their own interests. When it comes down to it, our leaders have forgotten that they are really our servants. |
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The mistake is to transpose maxims applying to personal finance to the national macro-economic stage .. ---------- Post added at 18:10 ---------- Previous post was at 18:08 ---------- Quote:
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I appreciate that many socialists don't like the comparisons between managing household budgets and the management of the national economy, but the same general principles apply. ---------- Post added at 19:36 ---------- Previous post was at 19:32 ---------- Quote:
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Also borrowing to increase spending on public services, increasing massive public sector jobs, a favourite of Labour, to reduce jobless figures is not the answer. current employment figures in this age of austerity shows that it isn’t necessary. HS2, I think is a good thing and necessary and the links to the North far more important than Birmingham. Northern Cross Rail and linking that to HS links to Manchester and Leeds is what is required. But it needs to be within the next 10 years and the problem we are so terrible at delivering big infrastructure projects on time, in budget and within a decent timeline we miss the opportunities. |
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For what we're talking about the comparison with households work but really it would break down if went any further. It gets to what I said earlier that some economists don't see an issue with governments running managed deficits. |
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The 4 decades old free market economy has run its course. It has failed to deliver what the original proponents promised. We are in the end game. If the country survives the No Deal abyss, the centre ground of politics lies vacant to accomodate a new social democratic approach: one that discards the blinkered Old Labour, New Labour, Right Wing Tory mindset. The future will have to redeploy the wealth held in the hands of the few to invest in *all* the country for the benefits of *all* the citizens. The climate emergency demands no less. The wealthy do not care about you or me and they do not care about the planet. Johnson claims to be wanting to spend 3 billion for the neglected North to try and address some of the reasons so many felt "left behind" and disenfranchised. To put this in context, the City of London had a bonus pool, remember these people already have very high salaries, of 20 billion in 2018. Yes, 20 billion for 1 year. These are the people that you, me and, yes, the people in the neglected north bailed out to the tune of 100's of billions in 2008 and caused the decade of austerity. The childish responses like "politics of envy", etc. just do not work anymore. Everyone can see the evidence before their eyes. You would be a fool to believe the free market is the future. The market must be controlled: intervention where strategic and national interests dictate and control where it does not. The system is broken and when people who cling to the debunked "rising tide floats all boats" maxim try and sell the "greed is good" snake oil, it really is depressing. I find it interesting to see the people defending the current system: they seem to be invariably those who comes from the baby boomer period where they had the fortune to find a good job easily, to have a final salary pension that we can only dream of today, to be able to easily afford to buy a house that now has risen many, many times in value and to have enjoyed the best of social service quality during this period. These are the people who will now say: "I got where I am today through bloody hard work" .. well, truth be told, they were just very lucky. The sinister part is that they feel entitled: "how dare you take away what I worked hard to get". The awareness that the wealth and opportunities they enjoyed will never be available for the current generation is just absent. This lack of empathy underwrites a lot of the current politics. While I am rambling on, I would like to thank Hugh for his many posts expounding, as I see it, his One Nation Conservatism. His views on how those that have most have a moral duty to those who do not is to be applauded ... loudly. Views like his are seldom heard from the political right .. :( |
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You are right - the system is broken, albeit that it is the same system in force since 1951. That system worked well up to around 1992 which is when the EMU crisis broke. Since then the economic dynamics across the world have changed and this has affected us (within the same system) not to mention the huge increase in UK population that has imposed serious strain on our public services at the time when the economic position is at its nadir. Where I probably differ from you, is that the system is not specifically broken for the reasons you have given. It has been broken by the politicians refusing to deliver the Referendum result - public trust has been lost. That is a very serious position. How to repair the system? For a start, at the next GE, there should be a single alternative vote. Turning to your assessment of why the system is broken, I don't see how any system can deal with the psychology of power, the slice of power that each MP wants leading to the ultimate trip for some of them. DO we need a benevolent dictator? Possibly but that won't happen. We won't get honest politicians - they have become increasingly dishonest since 1997 - all of them. I fear there is no answer. |
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BTW, I am old ... :) ---------- Post added at 23:28 ---------- Previous post was at 23:14 ---------- Quote:
I appreciate your engagement in the points I raised. It is refreshing when compared to some who just snipe .. We need to step back and above Brexit. Brexit is a symptom of the failed system we are inhabiting rather the cause. Your suggestions are good: PR would go a long way to normalising politics. The corruption point: so true. Far too many politicians although eager to do good at first are ground down by the system and end up as bottom feeders waiting for the time to get their pay off i.e. directorships, plum seats on quangos, peerages, etc. We should introduce laws precluding post-Parliament "payoffs" for minimum of X years and pay the MP's a decent salary while they serve. Remove the tie in between lobby groups and politics and you increase the likelihood that MP's will work to serve the nation rather than work to serve themselves. |
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Such actions by a state always work well. Quote:
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Some of the boomer generation had to be the servants so don't beat yourself up if you have nothing to pass on to the next generation it's not the end of the world .;) |
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You fall back on the lazy entitlement narrative where people who have had advantages, of various sorts, have "worked hard" and those that don't, and will never have them, just have to suck it up. |
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The so-called ‘baby boomers’ did not have advantages. They worked to and responded to normal market conditions. Those market conditions changed round a bout the time of Maastricht - I do see a connection. Economics changed, dependencies changed, employer behaviour changed, population influx eventually stretched the housing market and screwed the NHS much of that at a time when there was a global financial crisis and austerity. Then throw Brexit into the mix, a decision taken by the population in the light of the above. The system actually broke, possibly irrevocably, when politicians went rogue and declared themselves as individuals who knew better than the people. That is unforgivable and it needs a clear out. As I said, a single transferable vote would be best - PR brings chaos through coalition and the associated political jostling. Edit: I should add that to bring housing into affordable bounds, land value has to reduce. The guvmin could compete with the private sector by giving up large swathes of land for free to developers who would be constrained by contract as to price and profit. That would eventually trickle through to general market conditions. This, in turn, would leave people with greater spending power and that would trickle through into employment, manufacturing and so on. Something has to give. . |
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Boris, not my choice of PM, wants to open up the land of opportunity and bring boom back to the country. Laudable, but needs all of the measures I have suggested and more. Is a Boris guvmin capable of taking the bold Steps? |
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This generation has consistently ridden the wave of the welfare state where and when it was most generous, bought houses cheaply while new building was a major activity and seen the value of their property soar even as the cost of their mortgages was inflated away. You may despise the label “baby boomer” and what it insinuates but it is a cold, hard fact that those born in the two decades after WW2 continue to enjoy enormous economic advantages, often at the direct cost of their grandchildren. |
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Thank you .. |
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They were born when they were born; schooled in the system of the day; worked in the available jobs; bought houses as per the market of those times and managed to see a doctor same day. To characterise them as having ridden a wave of which they were unaware at the time is disgraceful. The following generation are the victim of poor government and wider circumstances that I have described in this debate. As to the insulting term "baby boomer", it's only ever used in a denigratory sense and it is discriminatory. ---------- Post added at 15:54 ---------- Previous post was at 15:51 ---------- Quote:
The people born after the war were completely unaware that the future would disadvantage the cohort born in the 1980s. To characterise them as priviliged and by implication villains is grossly unfair. |
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the first born into the welfare state and, as a young adult, among the ones who fought for, and achieved, social liberation, and also among the ones who saw housing cheap and mortgage values shrink almost by the month. You of all those who have lived in this country since the war are the most economically privileged and least discriminated against in our entire history. I have never claimed that all of these circumstances were brought about deliberately by boomers. Some indeed were the deliberate and direct outcome of policies boomers campaigned and voted for; others were not. However, the massive wealth pile this generation now sits on, and votes to ensure it retains, is a problem that boomers as a generation are obviously unwilling to easily part with, even though they are clearly intelligent enough to understand the negative consequences their second homes and triple-locked pensions are having on their children and their grandchildren’s own future prospects. Observe the way Teresa May crashed and burned for daring to suggest that this generation ought to pay back a little, which it could well afford to pay, out of its pension pot. That tells you everything you need to know about the priorities of this generation. |
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You'll no doubt rail against me for making the comparisons with the Nazis - but it's valid in terms of bemoaning the possessions of those who had no control over the times in which the lived, worked and saved. And what do you mean that these so-called 'boomers', a term I deplore, that the should pay something back out of their pension pot? That's the politics of envy and criticises people who have lived, worked and saved in good society faith. To want to dip into their savings is disgraceful. Society is struggling with mixed cultures, over-population and poor government. There is no reason to attack the 1964-64 cohort. |
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I’m also disappointed that someone who comments so forthrightly as you do on economic matters apparently doesn’t understand that pensioners are not being paid the money they have saved. Current pension liability is paid out of current income, whether that be tax in the case of the state pension, or contributions and investment income in the case of private pensions. You did not save for your pension, you paid out for your parents’ and your grandparents’, and in return the benefits you would get when the time came were defined for you. Defined, as it turns out, in a way that was totally unsustainable. The baby boom generation has, by a mixture of luck and design, contrived to have its welfare and its pension benefits defined, whereas those coming up afterwards have only their contributions defined, and lack the inflationary circumstances and the access to the housing market that might make up some of the shortfall. Much of the financial well-being experienced by boomers was the result of the politics of their generation. Redressing the balance must be the politics of the present generation. I would dearly love to see a genuine, one-nation Tory government lance that boil, because if it doesn’t, all it will take will be a lot of young, angry people suddenly to realise they might try voting for someone else to have a go. Then you’ll properly understand what the politics of envy looks like. |
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Benefits people born post ‘64 have, that we "baby boomers" didn’t have when we were your age.
Vastly improved access to Higher Education (50% vs <10%) Better Healthcare - people bitch about waiting times, but the range of services, medication, and operations available would have been unimaginable in the 50s and 60s Reasonable mortgage rates (I still shudder thinking about when my first mortgage, in the mid-80s, went up from 9% to 15%) Access to technology and media that were Science Fiction when we were growing up Reasonably cheap travel to countries, near and far No 3 day weeks or rolling power cuts Low unemployment rates (not the 10-12% peaks in the 80’s and 90s) Not worrying about the constant likelihood of thermonuclear war A thing about Final Salary pensions - not all companies offered these, even in the 70s and 80s; small/medium companies often didn’t offer pension schemes, usually only the large Corporates/Government/Local Government did. I have 8 pensions, 4 Final Salary, 4 Contribution based - my 4 Contribution based are from jobs in the 80s, 90s, and 00s, whilst the Final Salary ones are from the 70s (RAF, a whole £1400 pa), and the others are from the 00s and 10s, so those schemes were available to people born after the ‘baby boom’. Not every "baby boomer" has gold-plated pensions, just like not every millennial eats crushed avocados on toast or can’t afford a mortgage. Whilst I agree about the house prices point (pointing out that 80% don’t have second homes), remember when we shuffle off this mortal coil, our kids will inherit this... |
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I don't disagree with you that the balance must be redressed, but not by any form of confiscation (however it is dressed) on people who are here by reason of the date they were born. No political party in present circumstances can redress this balance unless wealth is created to fund taxes that fund public services. And, btw, if I were to have contracted Alzheimers pre 1992, the state or NHS would have taken care of me. Now it won't; who can tell what will happen to the next generation if the balance does ever get redressed. What I won't stand for is an implicit criticism of my generation. It is profoundly unfair and I'ms surprised that it comes from you above most in this debate. |
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Swathes of government land can be used to build homes. They would sell it to developers with strict conditions on quality, price and margin for the developers. That would take land prices out of the equation and bring land prices down, etc. Ib one of Boris' lot cares to contact me ..... |
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Also add in social care during retirement. Also add in more available social housing ... Quote:
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You fall in the trap of 'Not all ...." Not the point here. The issue is the combined wealth disparity of this generation compared with those that followed. It is a cheap trick to deflect with the "Not every "baby boomer" has gold-plated pensions". Of course not. Not every one bought a house .. so what? |
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Back in the day we didn't waste our money on a TV in every room, a new car every 3 years, a £700 mobile phone that you 'upgrade' every year, a foreign holiday every 4 months, and superfast broadband (whut? ) in order to moan that we're skint ;)
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Three TV's though although one is as ancient as the ark.;) Budgeting the finances of the household does work wonders though.;) |
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House prices used to be around 3 or 4 times annual salary rather than 7 or 8 times. Cutting out the iPhone isn't going to make up that difference. |
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There’s been some interesting discussions about generational changes in our economy and expectations but we have rather drifted away from the topic...
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We (the boomers) didn't do that though. We just lived & worked in the environment that the Government gave us. Gov't giveth, Gov't taketh away |
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I just lived my life. However after seeing my mother widowed at 44 struggling to make ends meet on a very miserly widow's pension of £40 a month and in the situation of only being able to take low paying jobs because if she earned more than £10 each week her widows pension would be docked I decided I was never going to be in that situation.
So I got as good an education as I could relying on the fact that I was from a single parent family so I got a full free grant,worked at a variety of low paying jobs during my summer vacations so as to support myself and not be a burden on my mother.Not all baby boomers had it easy. I'm still living in the first house I and my husband bought in 76. Apart from child benefit I have never taken another penny from the state and I only took that because I was a stay at home parent while my husband was away serving in the Royal Navy and wanted to make sure that my NI was paid so I would be entitled to an pension. |
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This ageist nonsense that we are hearing from some on here has got to stop. |
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l can assure you they are not well off as they have to budget everything just like our household does. whether someone is 49 , 68 . 80 or whatever age they are its only a age at the end of the day and it does not make a iota of difference at the end of the day. |
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However, to see some of the posts on here you would think that pensioners were slimy, child eating monsters cashing in at the expense of the younger generation. I think these ageists need to look at how much the old age pension actually is and wonder whether they could live on that. |
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The temporary diversion of the relative disparity of the Baby Boomer generation's wealth & advantage was never about the individual. To make it one, as some have tried to so, is disingenuous. Discussions of trends on a macro scale can never be defined by individual case studies. BTW, I think this diversion away from the topic of Mr Johnson is at an end? |
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What they're angry about is that the government doesn't do anything to address the economic problems of younger people. In fact the Government makes those problems worse but cutting as much as possible from jobseekers allowance for the under-25s, tripling tuition fees and prioritising protecting property values rather than increase the supply. |
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Boris’s guvmin has been told by the EU that there’s nothing to talk about.
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They won't be doing EU countries any favours by continuing that stance. Ah, well, at least we will have overcome the backstop stalemate. |
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Mark Francois says ERG will vote down Withdrawal Agreement even if Boris Johnson gets rid of the backstop So even if the EU cave in which is unlikely, the ERG would impose their vision of hell on this country. |
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In today’s Times
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By what convention can a PM be removed if they refuse to acknowledge losing the confidence of Parliament?
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Seems fair enough. Mr Speaker and his allies have played fast and loose with convention often enough over the last few months. They should have realised the chickens would come home to roost eventually. When you work in a system that is governed so extensively by convention, then you can’t afford to try to pick and choose the conventions you respect and the ones you’re prepared to bend or break to suit your agenda. There is no written statute that compels Her Majesty’s Prime Minister to resign following a lost no confidence vote; choosing instead to remain PM until after the outcome of a general election may not have the same weight of convention behind it, but then we’ve been led to believe convention is quite flexible, especially when it’s inconvenient.
I think the reality is, there is going to have to be a general election right after Brexit anyway. Bojo’s Commons majority is barely workable as it is and might be expected to vanish well before 2022. With the Brexit Party neutralised and the possibility of some of the pro-EU uber-rebels getting deselected, it’s as good a time as any for him to go all in. It would appear that’s the plan anyway. His grand tour of the UK followed by NHS spending announcements looks suspiciously like the opening salvo of an election campaign. |
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But in this case they're saying even if a 'Government of National Unity' is formed, i.e Parliament has confidence in a different Government, he would refuse to acknowledge that. Until there is a Government the last PM remains but if Parliament says 'Hey, this is the government and this is who leads it' what compels the last PM to go?
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Time for the Roundheads to reform and assert Parliamentary democracy. Boris' head on a stake at Traitors gate I should think ;)
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Appointing the PM is the Queen’s job, having taken advice as to who is most likely to command the confidence of the Commons. The PM, plus whoever s/he appoints as a minister, is the government. All the Commons can do is vote to express its confidence on the government. It cannot hire or fire a government.
In fact, the FTPA’s effect here would appear to be to strengthen Boris’ hand in staying in post for 14 days, enduring a second lost confidence vote and then seeing a general election triggered. As long as the election date falls after 31 October, he gets his wish. |
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I think it's a bluff. In the end, I don't think he has the power to ignore Parliament passing confidence in a new Government, otherwise what would stop someone doing that upon losing an election other than moral weight?
The Queen can send in the guards to turf him out if needs be :D ---------- Post added at 11:44 ---------- Previous post was at 11:43 ---------- Quote:
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And what happens to UK plc amongst all this chaos?? Who the hell is going to invest anything in this shambles of a country run by a Muppet?
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Only the Queen can appoint a Prime Minister and only the Queen can replace one. If Parliament wished to force Boris to resign then it would have to petition the Queen directly and ask her to do it. That would place her directly into a political position. In our constitution that’s about as close to pulling the nuclear trigger as you can get. If the alternative was a general election, following which Boris would resign in the conventional fashion if he lost, then there is absolutely no way the Queen would intervene. She would always follow the path that does not require her intervention. |
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They (and the PM) are allowed to stay during the 14 day window to try and regain the confidence of parliament. They can choose to hand over to someone else to try to form a government if they wish, but it's not required. Quote:
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The question is how far can you break convention before the Queen does have to enter politics? Because in the end, the buck does stop at her door. From what we know about Boris Johnson I don't him being the one willing to do it either. I suspect this is a bluff. |
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But there is a part of the FTPA that states another government can be formed in those 14 days without an election. We're talking about a scenario where that has happened, a confidence motion is passed in another grouping not led by Boris Johnson. In this case, they are saying they would ignore it. In which case how does it even led to an election since the 14-day deadline was circumvented by the confidence motion? Quote:
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If such a motion passes then how can Boris Johnson stay on and if he does how can he then call an election if, as my reading of the act leads me to believe, the 14-day deadline doesn't get reached? What point of your point I am missing? Are we just disagreeing on if it's possible for another government to be formed because I don't see where that is made clear in the act.... ---------- Post added at 12:55 ---------- Previous post was at 12:50 ---------- Looking at the cabinet advice thing: https://publications.parliament.uk/p.../1813/1813.pdf Quote:
But if he doesn't then what? The advice there suggests no election and yet no government.... |
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The problem here is that this has never been tested in principle or law - currently the rules are all theoretical. By the time they're tested, it may be too late for the No Deal avoidance people are hoping these achieves. |
Re: [Update 2] PM Boris forms a government
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There is this massive loophole in the whole process where the election has been avoided, FTPA has done it's job, but the incumbent doesn't resign. EDIT; Actually reading the flowchart there suggests the 14-day timer continues while they await the confidence motion. So yeah Boris can wait it out and refuse to resign. |
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Otherwise without a confidence vote, the election must be called. But then the date is set by the outgoing government. |
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I kind of want to see this all play out really. Be fun to see what actually happens in those 14 days. Also, we probably need to legislate what happens if a PM refuses to resign to protect the Monarchy in future. |
Re: [Update 2] PM Boris forms a government
Convention only applies when it's something the Liberals and the Left agree with. Eg Honouring a referendum vote.
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Re: [Update 2] PM Boris forms a government
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Re: [Update 2] PM Boris forms a government
Hey, we could end like Belgium who didn't have a government for 535 days after their General Election in 2010 - https://brussels-express.eu/fun-fact...ut-government/
If Boris refused to go, I could see the Queen passing the buck to the Privy Council to sort things. There are some right characters in there - https://en.wikipedia.org/wiki/List_o..._Privy_Council |
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Re: [Update 2] PM Boris forms a government
Also, there are plenty of Labour backbenchers who voted against the WA three times and are now waking up to the fact that all they may have achieved is to bring about the default alternative outcome, namely No Deal. If any kind of revised WA is put before the Commons, don’t be surprised to see it carried if not by Labour votes, but by a lot of Labour abstentions.
The ERG won’t be able to prevent a deal - if one is forthcoming of course. |
Re: [Update 2] PM Boris forms a government
Some great measured and informative posts in this thread recently in particular from BenMcr, Chris and Damien. Thanks, guys.
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Re: [Update 2] PM Boris forms a government
No 10 refuses to rule out election shortly after 31 October Brexit.
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