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Old 31-07-2022, 10:32   #3864
OLD BOY
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Re: Updated: Boris resigns as party leader

Quote:
Originally Posted by Hugh View Post
https://www.ey.com/en_uk/news/2022/0...em-club-report 20 Jul 2022



Since EY forecast an average growth of 2.36% over 2022-24, it’s not clear how 2.5% is a "lofty target"?

Here’s hoping the "supply-side reforms" don’t turn into another Kansa Experiment…
Well, Hugh, I'm surprised that I am being questioned on that by you.

As you well know, the economic forecast is for 1% growth next year. 2.5% was a bigger figure than 1% when I went to school. However, Diane Abbot may want to argue with me about that (I do hope that you will agree with me, not her, on that).

Comparing this with May's target is ridiculous, by the way. We didn't have a war between Russia and Ukraine back then.

---------- Post added at 10:25 ---------- Previous post was at 10:24 ----------

Quote:
Originally Posted by Dave42 View Post
it gonna be utter carnage OB man what cuts she gonna make for her tax cuts promises it be austerity on steroids
The kind of cuts that do not impact on services.

---------- Post added at 10:26 ---------- Previous post was at 10:25 ----------

Quote:
Originally Posted by Qtx View Post
Get a feeling that when one of them gets in power, some sort of war is going to be on the table quite quickly.

Civil disobedience is in the air over many things including energy prices and it wouldn't surprise me if a war to distract people and turn attention away from government and unite them against a different enemy will be a new PM's first call of order
The only war that is likely is one with the hard Left. Arthur Scargill tried that once, you know.

---------- Post added at 10:32 ---------- Previous post was at 10:26 ----------

Quote:
Originally Posted by 1andrew1 View Post
It will just be more borrowing to pass the problem onto future administrations.

If she can't run a tight ship on the adviser front, don't expect her to be able to run a tight ship anywhere else!
You misunderstand. Unfortunately, many people on the Left of politics cannot grasp that you can pay down debt by growing the economy. The well being of future generations is in much better hands with the Conservatives in power that if Labour were calling the shots. You know very well that they are the ones with the reputation of being high-spending and selling off all the family fortune to solve short-term problems.
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