Liz Truss Resigns [Who'll be the next Prime Minister?]

[Sephiroth]

Originally Posted by OLD BOY

Liz is just bringing us in line with our competitors. In the end, it should increase our income as a country, which is all that matters.

Otherwise, we wouldn’t be able to pay down our debt and the poor would be amongst those who would suffer for that. The strategy is to increase investment and growth to pay down our debt. That should be the focus, not the politics of envy.

Spot on, OB. The lefties here hate anyone making money that they can't. The others, normally reasonable, a re somewhat misguided imo.

The trouble is that there are enough lefties to around who can possibly sink the Tories in 2024 and the Labour politicians will lap this up.

[Mr K]

Originally Posted by Sephiroth

Spot on, OB. The lefties here hate anyone making money that they can't. The others, normally reasonable, a re somewhat misguided imo.

The trouble is that there are enough lefties to around who can possibly sink the Tories in 2024 and the Labour politicians will lap this up.

And when you need someone to save your life will the bankers be there then? Or will you be reliant on those lefty non profit making NHS workers? Will your last thought be, 'thank God the cap on bankers bonuses was abolished' ?

[Sephiroth]

Originally Posted by Mr K

And when you need someone to save your life will the bankers be there then? Or will you be reliant on those lefty non profit making NHS workers? Will your last thought be, 'thank God the cap on bankers bonuses was abolished' ?

Don't be silly, Mr. K. The two scenarios are unrelated.
Someone has to be bankers if we're to have a thriving finace/service sector.

[GrimUpNorth]

I think it's the (rightly or wrongly) connection between bankers bonuses and the crash in 2008 that worries many people, indeed it worried the financial regulators enough for them to impose the cap in the first place. If it happens let's hope people are wrong and history doesn't repeat itself. Or can we afford yet another bailout?

[ianch99]

Originally Posted by Sephiroth

Spot on, OB. The lefties here hate anyone making money that they can't. The others, normally reasonable, a re somewhat misguided imo.

The trouble is that there are enough lefties to around who can possibly sink the Tories in 2024 and the Labour politicians will lap this up.

I think it is childish thinking like this that is the real problem here. If you really think that siphoning yet more money to the ultra-wealthy is the solution to this country's woes, then you are delusional.

The "politics of envy" trope is so tired, you really need to do better than this. Do you really think that allowing the wealthy to get even more wealthy will "save the country"? I know that the Tory Party members are out of touch but really, are you that naive?

[jfman]

Originally Posted by OLD BOY

Liz is just bringing us in line with our competitors. In the end, it should increase our income as a country, which is all that matters.

Otherwise, we wouldn’t be able to pay down our debt and the poor would be amongst those who would suffer for that. The strategy is to increase investment and growth to pay down our debt. That should be the focus, not the politics of envy.

40 years of not paying down the debt what makes you think Truss is the one to have the epiphany of doing something about it.

By this flawed rationale we could decide our competitors are China and erode workers rights, living conditions, rights to political protest.

Taxing those who trousered the most wealth in the racking of up £2.5 trillion of debt as we sold off every meaningful asset the state had is very much not the politics of envy.

---------- Post added at 22:58 ---------- Previous post was at 22:52 ----------

Originally Posted by Sephiroth

Spot on, OB. The lefties here hate anyone making money that they can't. The others, normally reasonable, a re somewhat misguided imo.

The trouble is that there are enough lefties to around who can possibly sink the Tories in 2024 and the Labour politicians will lap this up.

It's not the lefties who will sink Truss - they'd not have voted for the liar who held the post previously. It's disillusioned people in the middle who will realise that whatever the Conservative party are conserving, it's not their living standards or prospects.

[Sephiroth]

Originally Posted by ianch99

I think it is childish thinking like this that is the real problem here. If you really think that siphoning yet more money to the ultra-wealthy is the solution to this country's woes, then you are delusional.

The "politics of envy" trope is so tired, you really need to do better than this. Do you really think that allowing the wealthy to get even more wealthy will "save the country"? I know that the Tory Party members are out of touch but really, are you that naive?

Pure leftie speak.

Originally Posted by ianch99

I think it is childish thinking like this that is the real problem here. If you really think that siphoning yet more money to the ultra-wealthy is the solution to this country's woes, then you are delusional.

The "politics of envy" trope is so tired, you really need to do better than this. Do you really think that allowing the wealthy to get even more wealthy will "save the country"? I know that the Tory Party members are out of touch but really, are you that naive?

Originally Posted by Sephiroth

Pure leftie speak.

Well rebutted - your in-depth analysis and point by point repudiation of his comments proved your point.

It would have been so easy to just type a simplistic ad hominem attack, but you rose above that - well done, you…

[Dave42]

Originally Posted by OLD BOY

Liz is just bringing us in line with our competitors. In the end, it should increase our income as a country, which is all that matters.

Otherwise, we wouldn’t be able to pay down our debt and the poor would be amongst those who would suffer for that. The strategy is to increase investment and growth to pay down our debt. That should be the focus, not the politics of envy.

nonsense OB man do you remember who caused the 2008 financial crash wasn't the lefties it was the bankers was that the politics on envy come off it OB

[OLD BOY]

Originally Posted by Mr K

And when you need someone to save your life will the bankers be there then? Or will you be reliant on those lefty non profit making NHS workers? Will your last thought be, 'thank God the cap on bankers bonuses was abolished' ?

Well, if my life is in the balance, I will be more likely to be helped by the people with me at the time, because NHS medical staff seem to be nowhere to be seen in an emergency.

My priority is to see more investment making its way into our economy so that we can afford to make improvements to the public services that we need and to have a Royal Commission set up to make recommendations as to how this creaking service can be made more efficient.

The present situation, frankly, is appalling. And before you make any ridiculous political comment, I would just remind you that when the Conservatives took power from Labour in 2010, Labour said that the increased spending on the NHS proposed by the government was 'reckless'! Check it out for yourself, it's true. So no lectures on how much better the NHS would be in Labour hands - it wouldn't be!

---------- Post added at 23:27 ---------- Previous post was at 23:25 ----------

Originally Posted by Dave42

nonsense OB man do you remember who caused the 2008 financial crash wasn't the lefties it was the bankers was that the politics on envy come off it OB

You are right that the crash was not caused by Labour, and I don't think anyone said it was.

However, Gordon Brown spending all our reserves didn't exactly help us weather the storm, did it?

[jfman]

A Royal Commission to investigate 40 years of economic failure, I like it!

There's an obvious answer to what has gone wrong in the provision of public services - the fact nobody wants to pay for it. £2.5trn of debt. Billions in interest payments year on year just to service it.

---------- Post added at 23:31 ---------- Previous post was at 23:28 ----------

Originally Posted by OLD BOY

However, Gordon Brown spending all our reserves didn't exactly help us weather the storm, did it?

Pray, tell, OB just how much was that, out of the £2.5trn?

[Sephiroth]

Originally Posted by Hugh

Well rebutted - your in-depth analysis and point by point repudiation of his comments proved your point.

It would have been so easy to just type a simplistic ad hominem attack, but you rose above that - well done, you…

Why do you bother? It needs no analysis to identify leftie dogma.

[jfman]

Originally Posted by Sephiroth

Why do you bother? It needs no analysis to identify leftie dogma.

Nor the lazy right wing tropes.

In fairness to you though you're arguing at the high level about the merits of economic policy. OB is down there in the gutter howling into the abyss about Gordon Brown doing a deal that - if you are Captain Hindsight - might have saved us 0.006% of the national debt.

[Sephiroth]

Originally Posted by jfman

Nor the lazy right wing tropes.

In fairness to you though you're arguing at the high level about the merits of economic policy. OB is down there in the gutter howling into the abyss about Gordon Brown doing a deal that - if you are Captain Hindsight - might have saved us 0.006% of the national debt.

Correct - and thanks!

[OLD BOY]

Originally Posted by jfman

A Royal Commission to investigate 40 years of economic failure, I like it!

There's an obvious answer to what has gone wrong in the provision of public services - the fact nobody wants to pay for it. £2.5trn of debt. Billions in interest payments year on year just to service it.

The objective would be to find a more efficient way of providing the service.