VOTE SUNAK

[ks.234]

We need to bring back coal mines, steel mills, and clogs.

But a clogg economy is built on long hours and low wages. A social consumption economy requires surplus wages (or borrowing) and leisure. The question is, can Sunak address low wages and long hours in order to rebuild a consumerIst economy? I have no doubt whatsoever that Sunak, that man of the people with the charm and the socialist soul, is just the man to pull it off.

 

[Joe Hutch]

Patrick Minford would disagree.

He can feck right off then.

 

[Dave H.]

Patrick Minford would disagree.

Using Patrick Minford as if he’s even vaguely representative of the overwhelming bulk of economic opinion is like using David Starkey to show what historians’ social attitudes are.

 

[Dave H.]

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*One

Aha, imgur started playing ball again.

I’ll see your Che, and I’ll raise you... an Obama parody!

 

[Kirk]

Using Patrick Minford as if he’s even vaguely representative of the overwhelming bulk of economic opinion is like using David Starkey to show what historians’ social attitudes are.

Agree.

 

[ks.234]

Aha, imgur started playing ball again.

I’ll see your Che, and I’ll raise you... an Obama parody!

Brilliant, though I’ve just noticed how much like John Redwood he looks. I expect Sunak’s Welsh is better mind

 

[eisenach]

Yesterday's feel-good didn't last long, did it ?
Boots - 4 000 jobs
John Lewis - 1 300, including the big anchor Birmingham store that was only opened in 2015 by Andy Street, Tory mayor, who was at the time MD of ... John Lewis.
Rolls Royce - 2 000
Burger King - maybe up to 1 600

Not a good day. I feel sorry for all those concerned.

 

[Dave H.]

Brilliant, though I’ve just noticed how much like John Redwood he looks. I expect Sunak’s Welsh is better mind

Looking at his expression, I've also just noticed another potentially less than flattering resemblance:

 

[gavreid]

Yesterday's feel-good didn't last long, did it ?
Boots - 4 000 jobs
John Lewis - 1 300, including the big anchor Birmingham store that was only opened in 2015 by Andy Street, Tory mayor, who was at the time MD of ... John Lewis.
Rolls Royce - 2 000
Burger King - maybe up to 1 600

Not a good day. I feel sorry for all those concerned.

And we've not seen anything yet. Yesterday was Sunak setting out his stall for mass unemployment, and on a scale possibly not seen in living memory

 

[sean99]

How is Sunak proposing to get the national debt under control when COVID and Brexit are in the rear view mirror ? Keynesian stimulus is the easy part. Rebalancing the books during a later period of economic growth is the much less popular
part.

https://www.reuters.com/article/us-...n-pay-for-coronavirus-borrowing-idUSKBN23G0KZ

 

[andrew d]

https://www.parliament.uk/business/...impact-of-coronavirus-report-published-19-21/
There are many people who have had little or no work over the last 4 months. Sunak should address the gaps in support, some of which are highlighted in the select committee report. I heard him on the BBC news this morning failing to respond to questions about those driven to the edge by his lack of support. He was talking from a noisy factory, no doubt to give an impression that parts of the economy are open for business. IMO he was deliberately avoiding questions about those who fall through the gaps, stating that he was having difficulty hearing. ( apologies for no link for the BBC TV news Q & A )
One things for certain when taxes are eventually increased for the self employed, those who have fallen through the gaps will be expected to pay higher taxes if they are still in business.

 

[gavreid]

The IFS is heavily critical too

https://www.theguardian.com/uk-news...jobs-policies-badly-timed-poorly-targeted-ifs

 

[Dave H.]

The IFS is heavily critical too

https://www.theguardian.com/uk-news...jobs-policies-badly-timed-poorly-targeted-ifs

I always think of the IFS as a bit of a right/neoliberal leaning, pro-market kind of pressure group.

Have I erred?

I mean, aside from the obvious fact that we should all naturally now follow the teachings of SocialiSunak, I have no particular desire to argue on the government's behalf. But the Graun and the IFS being new bessie mates seems a bit of a stretch.

 

[Sue Pertwee-Tyr]

Brilliant, though I’ve just noticed how much like John Redwood he looks. I expect Sunak’s Welsh is better mind

He looks like a mashup of John Redwood and Ed Miliband. Maybe that explains his politics?

 

[wow&flutter]

I’ll reserve judgement till we see how many homeless are returned to the street!

 

[Dave H.]

He looks like a mashup of John Redwood and Ed Miliband. Maybe that explains his politics?

Live long, and prosper, undeserving scum. Just not quite as much as your brother.

 

[Joe Hutch]

He looks like a mashup of John Redwood and Ed Miliband. Maybe that explains his politics?

I vote that he's made to eat a bacon sandwich, and filmed doing so.

 

[Sue Pertwee-Tyr]

Live long, and prosper, undeserving scum. Just not quite as much as your brother.

I know they called Redwood ‘the Vulcan’, but to me he was always more like a Romulan.

 

[wacko]

If you're wealthy enough, you can also avoid stamp duty by gifting your kids a house - they pay no stamp duty upon transfer of title as stamp duty is only due on cash sum paid. If you live for at least 7 more years no inheritance tax is due on the gifted capital sum either.

But you can't live in that house during those 7 years. If you do you have to pay a market rent to your child and they have to pay tax on that income.

 

[thebigfredc]

I’ll reserve judgement till we see how many homeless are returned to the street!

I am not sure that particular decision is the Chancellor's to make - more like the Home Secretary - but I agree with you that the Government should continue to shelter those without a home.