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Originally Posted by OLD BOY
Actually, no. He said they were monitoring it and he reminded us of what the government has done previously when circumstances showed it was needed (furlough, energy support, etc) and he said it was for the Chancellor to decide if and when that was necessary.
Getting inflation down will reduce mortgages, so it was entirely relevant to say that.
Things are difficult, yes, but we ain’t broke yet.
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2 trillion+ of debt, runaway inflation and economic stagnation. At what point would you concede the country is broke?
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You could say that about socialism, and it would be more relevant.
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Nice clutch at a straw. We’ve privatised all the profits from public services into windfalls. 40 year mortgages are bringing future earnings into the present. One off windfalls entirely created by spreadsheets and loosening of banking rules rather than increased wealth in the here and now.
Time to pay up everyone. We’ve run out of mugs to keep the pyramid scheme going.
It should nicely leave the Tories out of power for a good 10-15 years tho. It was meant to be benefit claimants and immigrants that got told tough, not working people mortgaged up to their eyeballs having the rug pulled from under them by economic incompetence. A nice wee drop in house prices to boot will see the more tears as unearned inheritances fall.
If the last 18 months have been a good laugh I can’t wait for the next 18.