Does Labour getting voted in after ages mean significant changes for any of you (socially or economically)?
I sometimes wonder if I my life would change at all if BJP was voted out and Congress came back in here in India.
Starmer (UK is Jaded thread)
Good to see Peter Kyle in the cabinet. A genuinely good and decent man with a history of proper work outside of politics.
rhouses I suspect people will have slightly less pay each month as taxes increase, but difficult to say if that will be really that noticeable. All depends on your earnings I suppose.
They’ve also promised to speed up the pace of house building, which if they do will have big social impact. However I feel they would need to be in power for 10-15 years in a row for that to actually come to fruition, and they won’t get that long IMO.
We’ve got to be optimistic but I doubt we’ll see hardly any change for at least 5-10 years realistically. To rebuild public services alone will be a massive task. After the damage which was caused by austerity. I suspect they will have to borrow massive amounts of money if they don’t get the growth they’re projected which in turn will raise taxes. I still to understand how the Tories would have done it buy cutting taxes.
Dubman I still to understand how the Tories would have done it buy cutting taxes.
Essentially, Truss’ vision was to put more money into the pockets of the highest earners to encourage more investment and growth. The Tories have been fixated for years on turning the UK into a low tax, no red tape, high investment hub.
She was doing that at a time when the Central Bank was trying to take money out of the economy in response to soaring energy costs.
Mortgage lenders feared the BOE would mean interest rates would shoot up for borrowing and lenders pulled their normal rates.
It really is amazing people still believe in trickle down. The economy only benefits from tax cuts to the poor, because they spend every extra penny they get. Rich people sit on it. It doesn’t get spent on the market.
Who is the Minister for Bants? Would @Smallman1 take the gig if offered it, in a Labour government?
gcw They’ve also promised to speed up the pace of house building, which if they do will have big social impact. However I feel they would need to be in power for 10-15 years in a row for that to actually come to fruition, and they won’t get that long IMO.
They need to go after the housing industry full stop. Non of them are interested in building social / affordable housing, and they all own huge landbanks that they do fuck all with.
Amps
I was listening to a housing phone in a few months back. I guy phoned up who worked for a council housing department. He said one problems is that when they sell off a house to a tennant who’s been there for a while the discount they give means they don’t get enough money back to replace it to build a new house.
Why not just have a Government funded housing building operation. Stop outsourcing the work to building firms / contractors.
Maybe buy up a big building firm as it goes bust and then the Government takes over ownership and builds the houses.
Not fucking rocket science is it?
When did we stop building counsel estates in this country. I was bought up on one and it was excellent. Sure it had it’s faults but there was no trouble. And everyone just got along with each other. I went back to my old estate a few years ago and had a walk around. Got quite emotional as it bought back loads of happy memories from my childhood.Most of it is all private housing now. And it just seemed to have lost its community spirit.
Did you keep a kestrel as well dubs?