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| 'Mini Budget' https://www.warwickshireonline.com/viewtopic.php?f=67&t=11870 |
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| Author: | Lex [ Fri Sep 23, 2022 5:44 pm ] |
| Post subject: | 'Mini Budget' |
While it's nice to have a (bit) of extra cash in our pockets, we're still going to have higher taxes/service cuts for decades to come: https://stratfordobserver.co.uk/news/mini-budget-welcome-boost-to-firms-but-long-term-plan-needed-say-regions-business-leaders-41332/ I wonder what would hapen if public finances were subject to the same requirements & audited to the same standard as private enterprise.... |
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| Author: | rebbonk [ Sat Sep 24, 2022 1:14 am ] |
| Post subject: | |
The PM and her chancellor are a pair of chancers. They've not even let the OBR do any calculations about what's been proposed. It's a 'sh*t or bust' gamble, and if growth doesn't come quickly the country will be paying off loans for decades to come. The markets haven't reacted well to it, there's a reason why. - Look at the early 70s when this was tried, it didn't end well. |
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| Author: | Lex [ Sat Sep 24, 2022 4:18 pm ] |
| Post subject: | |
I have a feeling this is going to go horribly wrong. Truss came up with this rubbish to get voted in as party leader, and damn the consequences; a tactic that didn't work for Comrade Jezza either. |
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