West Lancs looks like a LAB hold on small turnout – politicalbetting.com
West Lancs looks like a LAB hold on small turnout – politicalbetting.com
It looks as though the next Westminster by-election will be in the West Lancs seat which was held by Rosie Cooper for the Labour party with a 16% majority at the last election.
Comments
-
Yep, looks a pretty boring bye election.0
-
There are reports that both President Vladimir Putin and Defence Minister Sergei Shoigu will make a televised address to the Russian people today at 2000 MSK (1800 BST).1
-
Not gonna be exciting but swing to Lab will be informative.0
-
Not convinced this will be massively fertile ground for Labour but let's see. They really need a swing in line with national polling to prevent the narrative being about Truss steadying the ship.0
-
As I say here, Truss thinks Thatcher's imperious pig-headedness, at her height, is the only quality worth cosplaying. But a) Thatcher had earned it politically by winning elections and b) it was her undoing.
Basically, Truss is choosing to cosplay Thatcher JUST before she fell. https://twitter.com/bunker_pod/status/15721359760920616961 -
🚨🚨New Voting Intention🚨🚨
Labour still leading the Conservatives by ten points in latest results from Deltapoll.
Con 32% (-)
Lab 42% (-2)
Lib Dem 10% (+1)
Other 16% (-1)
Fieldwork: 16 - 20 September 2022
Sample: 2,084 GB adults
(Changes from 9 - 12 September 2022) https://twitter.com/DeltapollUK/status/1572246716144762880/photo/11 -
Not remotely a 'car crash'. Nor is what Liz Truss is doing, 'trickle down' economics.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
Trickle down economics is cutting taxes only on the rich, eg cutting only the top rate of tax, because you believe that will grow the economy.
Truss is proposing cutting taxes on everyone, via NI and Corporation Tax. That's simply tax cutting, that's not trickle down economics. Oh and its a cut back to the rates that existed *checks notes* five months ago, reversing a rise opposed by *checks notes* Keir Starmer, you, the Lib Dems and the Labour Party.
Considering you used to support the Conservative Party, and considering that you were opposed to the NI rise when it was announced, and considering you were opposed to the corporation tax rise when it was announced, I have to wonder what all this bullshit about trickle down economics is about now?5 -
LAB well clear last time.
No pressure on Liz. Keir will want to see a big swing
LD not winning here.
Overall a not very exciting or interesting by election.3 -
West Lancs:
Don't really know it well, but a couple of thoughts on why it isn't really "red wall", which was suggested on previous topic.
1. Looking at the ward map, Skelmersdale seems almost as big a part of this seat as Wakefield was in, er, Wakefield.
2. Liverpool affinity factor - probably stronger here in areas that were kept out of Merseyside than in Southport which was lumped in.
3. It's a, somewhat improbable, university seat (Edge Hill). (cue PB tutting no doubt).1 -
Truss is a faceless nonentity with a weird voice, ungainly posture and bizarre policies that seem to play directly into Labour's hands.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
She has so far scored the unique achievement of making Sir Keir Royale look both charismatic and sensible in comparison. An odd choice by the Tories.
1 -
No she isn't - because NI has already been returned to the 2021 rates for those who earn less than £30,000 and Corporation tax changes only impacted companies with over £50,000 a year profit.BartholomewRoberts said:
Not remotely a 'car crash'. Nor is what Liz Truss is doing, 'trickle down' economics.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
Trickle down economics is cutting taxes only on the rich, eg cutting only the top rate of tax, because you believe that will grow the economy.
Truss is proposing cutting taxes on everyone, via NI and Corporation Tax. That's simply tax cutting, that's not trickle down economics. Oh and its a cut back to the rates that existed *checks notes* five months ago, reversing a rise opposed by *checks notes* Keir Starmer, you, the Lib Dems and the Labour Party.
Considering you used to support the Conservative Party, and considering that you were opposed to the NI rise when it was announced, and considering you were opposed to the corporation tax rise when it was announced, I have to wonder what all this bullshit about trickle down economics is about now?
I'm sorry but I wouldn't call anyone earning £30,000 a low paid worker (they aren't well paid but it's not less than the median full time salary.0 -
A byelection borefest in a safe Labour seat.
Will tell us very little/nothing.
Next.0 -
Am I the only one sad enough to notice the use of an em dash as a negative indicator in that table?1
-
Bollocks has it. What was the marginal rate of NI for someone earning £13k twelve months ago? What is the marginal rate of NI for someone earning £13k today?eek said:
No she isn't - because NI has already been returned to the 2021 rates for those who earn less than £30,000 and Corporation tax changes only impacted companies with over £50,000 a year profit.BartholomewRoberts said:
Not remotely a 'car crash'. Nor is what Liz Truss is doing, 'trickle down' economics.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
Trickle down economics is cutting taxes only on the rich, eg cutting only the top rate of tax, because you believe that will grow the economy.
Truss is proposing cutting taxes on everyone, via NI and Corporation Tax. That's simply tax cutting, that's not trickle down economics. Oh and its a cut back to the rates that existed *checks notes* five months ago, reversing a rise opposed by *checks notes* Keir Starmer, you, the Lib Dems and the Labour Party.
Considering you used to support the Conservative Party, and considering that you were opposed to the NI rise when it was announced, and considering you were opposed to the corporation tax rise when it was announced, I have to wonder what all this bullshit about trickle down economics is about now?
Fiddling with starting rates of the tax, which are subsequently to be frozen in a high inflation environment, does not revert the rise in a marginal rate of tax.0 -
(FPT)Scott_xP said:There are reports that both President Vladimir Putin and Defence Minister Sergei Shoigu will make a televised address to the Russian people today at 2000 MSK (1800 BST).
No doubt to announce the referendum results in advance.
It is expected that Russian president Vladimir Putin makes a special statement on Ukraine today at 20-00 msk, after that a statement from minister of defence Sergey Shoygu is expected</i<
https://twitter.com/ElenaChernenko/status/1572238820493627399
0 -
Erdoğan to Putin: Return Crimea to ‘rightful owners’
Turkish leader joins parade of leaders dealing blows to Putin.
https://www.politico.eu/article/return-crimea-turkey-president-erdogan-putin-russia/2 -
Will check back at 6.01 but yes I know what you mean. I try to be booze free Mon-Thurs, Mon-Fri during the season. Pre-lockdown I didn't drink on Sundays but that went out the window.IshmaelZ said:0 -
NI in 2021/22 would have been £411.84, tax £86BartholomewRoberts said:
Bollocks has it. What was the marginal rate of NI for someone earning £13k twelve months ago? What is the marginal rate of NI for someone earning £13k today?eek said:
No she isn't - because NI has already been returned to the 2021 rates for those who earn less than £30,000 and Corporation tax changes only impacted companies with over £50,000 a year profit.BartholomewRoberts said:
Not remotely a 'car crash'. Nor is what Liz Truss is doing, 'trickle down' economics.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
Trickle down economics is cutting taxes only on the rich, eg cutting only the top rate of tax, because you believe that will grow the economy.
Truss is proposing cutting taxes on everyone, via NI and Corporation Tax. That's simply tax cutting, that's not trickle down economics. Oh and its a cut back to the rates that existed *checks notes* five months ago, reversing a rise opposed by *checks notes* Keir Starmer, you, the Lib Dems and the Labour Party.
Considering you used to support the Conservative Party, and considering that you were opposed to the NI rise when it was announced, and considering you were opposed to the corporation tax rise when it was announced, I have to wonder what all this bullshit about trickle down economics is about now?
Fiddling with starting rates of the tax, which are subsequently to be frozen in a high inflation environment, does not revert the rise in a marginal rate of tax.
Post July 6th it's £56.97 for NI and £86 for income tax
0 -
The official Ukranian number is now 67% of known Russian tanks - 2,216 of 3,300 - lost in the conflict so far. Only seven months in.
The vast majority of what are left, are Vietnam-era T-62 relics that have been in storage for half a century, firing North Korean ammo, and will be close to a waste of good NLAWs as far as the defenders are concerned.
How does a ‘mobilisation’ help the situation, that Russia is unable to train and supply the troops it has already, let alone tens of thousands more, that are surely destined for the meat-grinder?
I hope their wives and mothers know how pointless these deaths will be, and just how expendable Putin considers their husbands and sons, in persuit of his dreams of a 21st century Soviet Empire.0 -
It'll be some red meat for the neo-nazi Russian nationalists who are incensed that he is losing.Scott_xP said:There are reports that both President Vladimir Putin and Defence Minister Sergei Shoigu will make a televised address to the Russian people today at 2000 MSK (1800 BST).
0 -
That wasn't the question, the question was what is the marginal tax rate, not overall tax.eek said:
NI in 2021/22 would have been £411.84, tax £86BartholomewRoberts said:
Bollocks has it. What was the marginal rate of NI for someone earning £13k twelve months ago? What is the marginal rate of NI for someone earning £13k today?eek said:
No she isn't - because NI has already been returned to the 2021 rates for those who earn less than £30,000 and Corporation tax changes only impacted companies with over £50,000 a year profit.BartholomewRoberts said:
Not remotely a 'car crash'. Nor is what Liz Truss is doing, 'trickle down' economics.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
Trickle down economics is cutting taxes only on the rich, eg cutting only the top rate of tax, because you believe that will grow the economy.
Truss is proposing cutting taxes on everyone, via NI and Corporation Tax. That's simply tax cutting, that's not trickle down economics. Oh and its a cut back to the rates that existed *checks notes* five months ago, reversing a rise opposed by *checks notes* Keir Starmer, you, the Lib Dems and the Labour Party.
Considering you used to support the Conservative Party, and considering that you were opposed to the NI rise when it was announced, and considering you were opposed to the corporation tax rise when it was announced, I have to wonder what all this bullshit about trickle down economics is about now?
Fiddling with starting rates of the tax, which are subsequently to be frozen in a high inflation environment, does not revert the rise in a marginal rate of tax.
Post July 6th it's £56.97 for NI and £86 for income tax
The marginal tax rate is higher, even people working Part Time on National Minimum Wage today will be reaching the new NI tax threshold still and facing a higher marginal rate of tax if they work any extra time than they would have twelve months ago. They're not earning anything like £30k.
I absolutely would count part timers on NMW to be "low earners".0 -
Sick burn from POTUS.
Maybe he was bugged by the seating arrangements after all ?
https://twitter.com/POTUS/status/1572218921347866624
I am sick and tired of trickle-down economics. It has never worked.
We're building an economy from the bottom up and middle out.1 -
Next election shaping up as Thatcher Not Thatcher vs Blair Not Blair.Scott_xP said:As I say here, Truss thinks Thatcher's imperious pig-headedness, at her height, is the only quality worth cosplaying. But a) Thatcher had earned it politically by winning elections and b) it was her undoing.
Basically, Truss is choosing to cosplay Thatcher JUST before she fell. https://twitter.com/bunker_pod/status/15721359760920616960 -
How about we team up and fix the 600+ constituency pages? I go from A-M, you from N-Z.Carnyx said:
No. A sensitivity to detail can be a very useful thing to have if one produces reports, docuiments, etc. ...RobD said:Am I the only one sad enough to notice the use of an em dash as a negative indicator in that table?
0 -
Is it too much to hope that he might set an example and return Cyprus and the chunk he's taken of Syria to their rightful owners?Nigelb said:Erdoğan to Putin: Return Crimea to ‘rightful owners’
Turkish leader joins parade of leaders dealing blows to Putin.
https://www.politico.eu/article/return-crimea-turkey-president-erdogan-putin-russia/3 -
Urgh, no thanks! This reminds me I've just finished my tea so I have no exc use not to go and do some more document checking anyway ...RobD said:
How about we team up and fix the 600+ constituency pages? I go from A-M, you from N-Z.Carnyx said:
No. A sensitivity to detail can be a very useful thing to have if one produces reports, docuiments, etc. ...RobD said:Am I the only one sad enough to notice the use of an em dash as a negative indicator in that table?
0 -
I wasn't being serious... hah!Carnyx said:
Urgh, no thanks!RobD said:
How about we team up and fix the 600+ constituency pages? I go from A-M, you from N-Z.Carnyx said:
No. A sensitivity to detail can be a very useful thing to have if one produces reports, docuiments, etc. ...RobD said:Am I the only one sad enough to notice the use of an em dash as a negative indicator in that table?
0 -
Return the chunk he's taken out of Syria to the Kurds?Luckyguy1983 said:
Is it too much to hope that he might set an example and return Cyprus and the chunk he's taken of Syria to their rightful owners?Nigelb said:Erdoğan to Putin: Return Crimea to ‘rightful owners’
Turkish leader joins parade of leaders dealing blows to Putin.
https://www.politico.eu/article/return-crimea-turkey-president-erdogan-putin-russia/0 -
-
Reposted FPT:
BBC: "Prime Minister Liz Truss has said she was prepared to take "difficult decisions" such as removing a cap on bankers' bonuses..."
She doesn't seem to have found it too difficult as far as I can see.1 -
There have been pictures of brand-new tanks coming off the production line, so production has restarted in at least a minimal way. But there are also rumours they are tanks to fill foreign export orders...Sandpit said:The official Ukranian number is now 67% of known Russian tanks - 2,216 of 3,300 - lost in the conflict so far. Only seven months in.
The vast majority of what are left, are Vietnam-era T-62 relics that have been in storage for half a century, firing North Korean ammo, and will be close to a waste of good NLAWs as far as the defenders are concerned.
How does a ‘mobilisation’ help the situation, that Russia is unable to train and supply the troops it has already, let alone tens of thousands more, that are surely destined for the meat-grinder?
I hope their wives and mothers know how pointless these deaths will be, and just how expendable Putin considers their husbands and sons, in persuit of his dreams of a 21st century Soviet Empire.0 -
Yep the marginal rate is higher but until they hit £30,000 or so (which they are not going to do) lower paid workers are better off than they were in 2021/22....BartholomewRoberts said:
That wasn't the question, the question was what is the marginal tax rate, not overall tax.eek said:
NI in 2021/22 would have been £411.84, tax £86BartholomewRoberts said:
Bollocks has it. What was the marginal rate of NI for someone earning £13k twelve months ago? What is the marginal rate of NI for someone earning £13k today?eek said:
No she isn't - because NI has already been returned to the 2021 rates for those who earn less than £30,000 and Corporation tax changes only impacted companies with over £50,000 a year profit.BartholomewRoberts said:
Not remotely a 'car crash'. Nor is what Liz Truss is doing, 'trickle down' economics.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
Trickle down economics is cutting taxes only on the rich, eg cutting only the top rate of tax, because you believe that will grow the economy.
Truss is proposing cutting taxes on everyone, via NI and Corporation Tax. That's simply tax cutting, that's not trickle down economics. Oh and its a cut back to the rates that existed *checks notes* five months ago, reversing a rise opposed by *checks notes* Keir Starmer, you, the Lib Dems and the Labour Party.
Considering you used to support the Conservative Party, and considering that you were opposed to the NI rise when it was announced, and considering you were opposed to the corporation tax rise when it was announced, I have to wonder what all this bullshit about trickle down economics is about now?
Fiddling with starting rates of the tax, which are subsequently to be frozen in a high inflation environment, does not revert the rise in a marginal rate of tax.
Post July 6th it's £56.97 for NI and £86 for income tax
The marginal tax rate is higher, even people working Part Time on National Minimum Wage today will be reaching the new NI tax threshold still and facing a higher marginal rate of tax if they work any extra time than they would have twelve months ago. They're not earning anything like £30k.
I absolutely would count part timers on NMW to be "low earners".
0 -
That's even less likely than him giving it back to the Syrians, given that his whole reason for invading is to stop them getting their own state.TimS said:
Return the chunk he's taken out of Syria to the Kurds?Luckyguy1983 said:
Is it too much to hope that he might set an example and return Cyprus and the chunk he's taken of Syria to their rightful owners?Nigelb said:Erdoğan to Putin: Return Crimea to ‘rightful owners’
Turkish leader joins parade of leaders dealing blows to Putin.
https://www.politico.eu/article/return-crimea-turkey-president-erdogan-putin-russia/0 -
Truss honeymoon tracker:
9 x pollsters published in month prior to Truss:
Last poll before average: C 31, L 41.7
5 x those pollsters have published since Truss:
Last poll before avg of those 5: C 29.4, L 42.4
First poll after avg of those 5: 30.6, L 42.4
Post Truss swing +0.6% with up to 4 pollsters still to report.0 -
Remember that second place was Rishi Rich, the man who clearly didn’t know how to put petrol in a car, let alone know how much it cost, with as much empathy as the spreadsheets on which he lived his life.Anabobazina said:
Truss is a faceless nonentity with a weird voice, ungainly posture and bizarre policies that seem to play directly into Labour's hands.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
She has so far scored the unique achievement of making Sir Keir Royale look both charismatic and sensible in comparison. An odd choice by the Tories.
Third place was the woman who introduced a bill on gender identity that had been written by Stonewall, and she then denied in the campaign that it did what it said it did.
Fourth place was a future star, but still very wet behind the ears having only been an MP for five years and aged 42.
Is it any surprise that Mrs Truss was the winner?0 -
Everyone pays corporation tax ?BartholomewRoberts said:
Not remotely a 'car crash'. Nor is what Liz Truss is doing, 'trickle down' economics.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
Trickle down economics is cutting taxes only on the rich, eg cutting only the top rate of tax, because you believe that will grow the economy.
Truss is proposing cutting taxes on everyone, via NI and Corporation Tax...
Truss is proposing to boost economic growth by borrowing (at a time of significantly increased government borrowing costs) by borrowing more to fund tax cuts.
That's a very inefficient way of boosting growth.2 -
Expect some fairly blood curdling rhetoric and probably a reference to existential struggle against a NATO hell-bent on destroying the Russian nation. Serves the double purpose of appeasing his hardliners and spooking the West.rottenborough said:
It'll be some red meat for the neo-nazi Russian nationalists who are incensed that he is losing.Scott_xP said:There are reports that both President Vladimir Putin and Defence Minister Sergei Shoigu will make a televised address to the Russian people today at 2000 MSK (1800 BST).
2 -
Yes I knowLuckyguy1983 said:
That's even less likely than him giving it back to the Syrians, given that his whole reason for invading is to stop them getting their own state.TimS said:
Return the chunk he's taken out of Syria to the Kurds?Luckyguy1983 said:
Is it too much to hope that he might set an example and return Cyprus and the chunk he's taken of Syria to their rightful owners?Nigelb said:Erdoğan to Putin: Return Crimea to ‘rightful owners’
Turkish leader joins parade of leaders dealing blows to Putin.
https://www.politico.eu/article/return-crimea-turkey-president-erdogan-putin-russia/0 -
Europe.BartholomewRoberts said:
Not remotely a 'car crash'. Nor is what Liz Truss is doing, 'trickle down' economics.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
Trickle down economics is cutting taxes only on the rich, eg cutting only the top rate of tax, because you believe that will grow the economy.
Truss is proposing cutting taxes on everyone, via NI and Corporation Tax. That's simply tax cutting, that's not trickle down economics. Oh and its a cut back to the rates that existed *checks notes* five months ago, reversing a rise opposed by *checks notes* Keir Starmer, you, the Lib Dems and the Labour Party.
Considering you used to support the Conservative Party, and considering that you were opposed to the NI rise when it was announced, and considering you were opposed to the corporation tax rise when it was announced, I have to wonder what all this bullshit about trickle down economics is about now?1 -
So yes the marginal rate is higher, that's precisely the point.eek said:
Yep the marginal rate is higher but until they hit £30,000 or so (which they are not going to do) lower paid workers are better off than they were in 2021/22....BartholomewRoberts said:
That wasn't the question, the question was what is the marginal tax rate, not overall tax.eek said:
NI in 2021/22 would have been £411.84, tax £86BartholomewRoberts said:
Bollocks has it. What was the marginal rate of NI for someone earning £13k twelve months ago? What is the marginal rate of NI for someone earning £13k today?eek said:
No she isn't - because NI has already been returned to the 2021 rates for those who earn less than £30,000 and Corporation tax changes only impacted companies with over £50,000 a year profit.BartholomewRoberts said:
Not remotely a 'car crash'. Nor is what Liz Truss is doing, 'trickle down' economics.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
Trickle down economics is cutting taxes only on the rich, eg cutting only the top rate of tax, because you believe that will grow the economy.
Truss is proposing cutting taxes on everyone, via NI and Corporation Tax. That's simply tax cutting, that's not trickle down economics. Oh and its a cut back to the rates that existed *checks notes* five months ago, reversing a rise opposed by *checks notes* Keir Starmer, you, the Lib Dems and the Labour Party.
Considering you used to support the Conservative Party, and considering that you were opposed to the NI rise when it was announced, and considering you were opposed to the corporation tax rise when it was announced, I have to wonder what all this bullshit about trickle down economics is about now?
Fiddling with starting rates of the tax, which are subsequently to be frozen in a high inflation environment, does not revert the rise in a marginal rate of tax.
Post July 6th it's £56.97 for NI and £86 for income tax
The marginal tax rate is higher, even people working Part Time on National Minimum Wage today will be reaching the new NI tax threshold still and facing a higher marginal rate of tax if they work any extra time than they would have twelve months ago. They're not earning anything like £30k.
I absolutely would count part timers on NMW to be "low earners".
So reversing the marginal rate increase is still the right thing to do and leaves even low earners better off, nobody is proposing to reverse the threshold changes as far as I know.
If someone working part time on National Minimum Wage works just four days a week is offered a fifth day's work, they will take home less post-tax pay from that fifth day's work now than they would have under the tax rates of a year ago. That is not OK in my eyes, you seem to be saying that's justified?0 -
Almost certainly, yes.Luckyguy1983 said:
Is it too much to hope that he might set an example and return Cyprus and the chunk he's taken of Syria to their rightful owners?Nigelb said:Erdoğan to Putin: Return Crimea to ‘rightful owners’
Turkish leader joins parade of leaders dealing blows to Putin.
https://www.politico.eu/article/return-crimea-turkey-president-erdogan-putin-russia/
I think you're rather missing the point. This isn't about moral authority (of which Erdogan possesses very little indeed) but about Putin's international isolation.0 -
BTW LuckyGuy, do you agree with the Dutch report into the MH17 shootdown, or are you still taking the (many and varied) Russian lines?Luckyguy1983 said:
That's even less likely than him giving it back to the Syrians, given that his whole reason for invading is to stop them getting their own state.TimS said:
Return the chunk he's taken out of Syria to the Kurds?Luckyguy1983 said:
Is it too much to hope that he might set an example and return Cyprus and the chunk he's taken of Syria to their rightful owners?Nigelb said:Erdoğan to Putin: Return Crimea to ‘rightful owners’
Turkish leader joins parade of leaders dealing blows to Putin.
https://www.politico.eu/article/return-crimea-turkey-president-erdogan-putin-russia/1 -
Q: Labour's policy to tax the energy companies [to subsidise bills] is supported by 68% of the public, according to polls. You’re prepared to be unpopular aren’t you?
PM: “Yes, Yes I am.” https://twitter.com/skynews/status/15722345544584806431 -
It also removes any incentive for companies invest as the sane approach will be to maximise profits while rates are artificially low (because they will need to rise at some point to cover interest costs if nothing else).Nigelb said:
Everyone pays corporation tax ?BartholomewRoberts said:
Not remotely a 'car crash'. Nor is what Liz Truss is doing, 'trickle down' economics.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
Trickle down economics is cutting taxes only on the rich, eg cutting only the top rate of tax, because you believe that will grow the economy.
Truss is proposing cutting taxes on everyone, via NI and Corporation Tax...
Truss is proposing to boost economic growth by borrowing (at a time of significantly increased government borrowing costs) by borrowing more to fund tax cuts.
That's a very inefficient way of boosting growth.
Which is why Sunak's approach of higher corporation tax but a lot of allowances for capital investment was a way better approach.
We aren't going to get richer from lower taxes, we will get richer from productivity improvements.0 -
One of the world's axis (China-Russia/America-West) needs to decide that Erdogan's not worth the hassle. They will be much less of a pain when they've only got one side to go to.TimS said:
Yes I knowLuckyguy1983 said:
That's even less likely than him giving it back to the Syrians, given that his whole reason for invading is to stop them getting their own state.TimS said:
Return the chunk he's taken out of Syria to the Kurds?Luckyguy1983 said:
Is it too much to hope that he might set an example and return Cyprus and the chunk he's taken of Syria to their rightful owners?Nigelb said:Erdoğan to Putin: Return Crimea to ‘rightful owners’
Turkish leader joins parade of leaders dealing blows to Putin.
https://www.politico.eu/article/return-crimea-turkey-president-erdogan-putin-russia/0 -
Those tanks are probably about as real as the ones on the parade ground in Moscow on Veterans’ Day.JosiasJessop said:
There have been pictures of brand-new tanks coming off the production line, so production has restarted in at least a minimal way. But there are also rumours they are tanks to fill foreign export orders...Sandpit said:The official Ukranian number is now 67% of known Russian tanks - 2,216 of 3,300 - lost in the conflict so far. Only seven months in.
The vast majority of what are left, are Vietnam-era T-62 relics that have been in storage for half a century, firing North Korean ammo, and will be close to a waste of good NLAWs as far as the defenders are concerned.
How does a ‘mobilisation’ help the situation, that Russia is unable to train and supply the troops it has already, let alone tens of thousands more, that are surely destined for the meat-grinder?
I hope their wives and mothers know how pointless these deaths will be, and just how expendable Putin considers their husbands and sons, in persuit of his dreams of a 21st century Soviet Empire.
The enemy has lost an average of 10 tanks a day since the war started, and before the war they had a theoretical manufacturing capacity of about 10 tanks a month. The new T-90M was about one every couple of months, and using a pile of Western electronics that are no longer available.
Only Russia could possibly prioritise export orders, over equipment for their own war!1 -
It doesn't even matter if it's trickle down economics or not. The narrative today is that it's trickle down economics, that's what the media will run with, and it's reinforced by the headlines of her supporting removing the bankers' bonus cap.Nigelb said:
Everyone pays corporation tax ?BartholomewRoberts said:
Not remotely a 'car crash'. Nor is what Liz Truss is doing, 'trickle down' economics.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
Trickle down economics is cutting taxes only on the rich, eg cutting only the top rate of tax, because you believe that will grow the economy.
Truss is proposing cutting taxes on everyone, via NI and Corporation Tax...
Truss is proposing to boost economic growth by borrowing (at a time of significantly increased government borrowing costs) by borrowing more to fund tax cuts.
That's a very inefficient way of boosting growth.
The comms management is terrible. One thing the mendacious old bounder Boris was good at was doing one lot of very Tory things while pretending to the electorate that he was doing something else entirely. Truss is doing a few things that have some elements that are very Tory and others less so, but somehow managing to make them look even more Tory than they actually are.1 -
I nevertheless think Rishi wins the like to go for a pint with test. His speaking manner is easy and friendly. Moreso (although I'm sure it is more with her friends) than Truss.Sandpit said:
Remember that second place was Rishi Rich, the man who clearly didn’t know how to put petrol in a car, let alone know how much it cost, with as much empathy as the spreadsheets on which he lived his life.Anabobazina said:
Truss is a faceless nonentity with a weird voice, ungainly posture and bizarre policies that seem to play directly into Labour's hands.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
She has so far scored the unique achievement of making Sir Keir Royale look both charismatic and sensible in comparison. An odd choice by the Tories.
Third place was the woman who introduced a bill on gender identity that had been written by Stonewall, and she then denied in the campaign that it did what it said it did.
Fourth place was a future star, but still very wet behind the ears having only been an MP for five years and aged 42.
Is it any surprise that Mrs Truss was the winner?
To me, Rishi, for all his where does the green wire go-ness, seems the more human.1 -
Interesting RSA podcast with Marie Le Conte on her new book, “Escape: How a generation shaped, destroyed and survived the internet'”
https://podcasts.apple.com/gb/podcast/bridges-to-the-future/id13856484850 -
Indeed.eek said:
It also removes any incentive for companies invest as the sane approach will be to maximise profits while rates are artificially low (because they will need to rise at some point to cover interest costs if nothing else).Nigelb said:
Everyone pays corporation tax ?BartholomewRoberts said:
Not remotely a 'car crash'. Nor is what Liz Truss is doing, 'trickle down' economics.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
Trickle down economics is cutting taxes only on the rich, eg cutting only the top rate of tax, because you believe that will grow the economy.
Truss is proposing cutting taxes on everyone, via NI and Corporation Tax...
Truss is proposing to boost economic growth by borrowing (at a time of significantly increased government borrowing costs) by borrowing more to fund tax cuts.
That's a very inefficient way of boosting growth.
Which is why Sunak's approach of higher corporation tax but a lot of allowances for capital investment was a way better approach.
We aren't going to get richer from lower taxes, we will get richer from productivity improvements.
That's one of the reasons it's an extremely inefficient means of encouraging growth.0 -
I don't think that policy is going to survive. As soon as one of the energy or utilities companies issues its next trading update the noise is going to become deafening.Scott_xP said:Q: Labour's policy to tax the energy companies [to subsidise bills] is supported by 68% of the public, according to polls. You’re prepared to be unpopular aren’t you?
PM: “Yes, Yes I am.” https://twitter.com/skynews/status/15722345544584806431 -
Truss should tweet how she is fed up with so called Inflation Reduction measures that only serve to increase inflation, especially when they are mumbled from 14 rows back.
2 -
I think many leaders have been isolated internationally. They need key allies not to desert them and they can brush the rest off. That is why the China relationship is so important. I think the people who support (or, more accurately, didn't condemn) him represent billions of people, don't they?Nigelb said:
Almost certainly, yes.Luckyguy1983 said:
Is it too much to hope that he might set an example and return Cyprus and the chunk he's taken of Syria to their rightful owners?Nigelb said:Erdoğan to Putin: Return Crimea to ‘rightful owners’
Turkish leader joins parade of leaders dealing blows to Putin.
https://www.politico.eu/article/return-crimea-turkey-president-erdogan-putin-russia/
I think you're rather missing the point. This isn't about moral authority (of which Erdogan possesses very little indeed) but about Putin's international isolation.0 -
Oh dear, we’re back to “the energy companies” bogeyman from the media and Labour.Scott_xP said:Q: Labour's policy to tax the energy companies [to subsidise bills] is supported by 68% of the public, according to polls. You’re prepared to be unpopular aren’t you?
PM: “Yes, Yes I am.” https://twitter.com/skynews/status/1572234554458480643
How exactly does anyone propose the British government taxes Qatargas and Saudi Aramco, who are the companies doing well out of the crisis?
The company that bills you for domestic energy is barely breaking even, in fact many of them have gone bust in the last two years.4 -
Some may recall during COVID the TravellingTabby website produced easy to understand and accessible stats. What I didn’t know was that the young man behind it was awarded the MBE for his work - and was invited to Westminster Abbey for the service yesterday:
https://twitter.com/travellingtabby/status/15722454621572423749 -
He'll make that decision for them, given his current *interesting* approach to economic theory. If it works, he'll be hailed a hero for consigning every modern economics book into the dustbin. But I don't think the dustmen need be worried about lifting heavy weights...Luckyguy1983 said:
One of the world's axis (China-Russia/America-West) needs to decide that Erdogan's not worth the hassle. They will be much less of a pain when they've only got one side to go to.TimS said:
Yes I knowLuckyguy1983 said:
That's even less likely than him giving it back to the Syrians, given that his whole reason for invading is to stop them getting their own state.TimS said:
Return the chunk he's taken out of Syria to the Kurds?Luckyguy1983 said:
Is it too much to hope that he might set an example and return Cyprus and the chunk he's taken of Syria to their rightful owners?Nigelb said:Erdoğan to Putin: Return Crimea to ‘rightful owners’
Turkish leader joins parade of leaders dealing blows to Putin.
https://www.politico.eu/article/return-crimea-turkey-president-erdogan-putin-russia/0 -
Yes, everyone pays corporation tax. Effectively, only individuals pay tax - if you raise corporation tax it reduces profits which means less being passed on to employees through wages and (for those companies that have them) shareholders (probably mostly pension funds) - or raised prices being charged to their customers.Nigelb said:
Everyone pays corporation tax ?BartholomewRoberts said:
Not remotely a 'car crash'. Nor is what Liz Truss is doing, 'trickle down' economics.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
Trickle down economics is cutting taxes only on the rich, eg cutting only the top rate of tax, because you believe that will grow the economy.
Truss is proposing cutting taxes on everyone, via NI and Corporation Tax...
Truss is proposing to boost economic growth by borrowing (at a time of significantly increased government borrowing costs) by borrowing more to fund tax cuts.
That's a very inefficient way of boosting growth.1 -
He’s just bitterly anti-Tory regardless of the merits on any pointBartholomewRoberts said:
Not remotely a 'car crash'. Nor is what Liz Truss is doing, 'trickle down' economics.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
Trickle down economics is cutting taxes only on the rich, eg cutting only the top rate of tax, because you believe that will grow the economy.
Truss is proposing cutting taxes on everyone, via NI and Corporation Tax. That's simply tax cutting, that's not trickle down economics. Oh and its a cut back to the rates that existed *checks notes* five months ago, reversing a rise opposed by *checks notes* Keir Starmer, you, the Lib Dems and the Labour Party.
Considering you used to support the Conservative Party, and considering that you were opposed to the NI rise when it was announced, and considering you were opposed to the corporation tax rise when it was announced, I have to wonder what all this bullshit about trickle down economics is about now?
2 -
Yes, people remember the caricature and think that's all there was.Scott_xP said:As I say here, Truss thinks Thatcher's imperious pig-headedness, at her height, is the only quality worth cosplaying. But a) Thatcher had earned it politically by winning elections and b) it was her undoing.
Basically, Truss is choosing to cosplay Thatcher JUST before she fell. https://twitter.com/bunker_pod/status/15721359760920616961 -
Why are you bringing facts into this?Sandpit said:
Oh dear, we’re back to “the energy companies” bogeyman from the media and Labour.Scott_xP said:Q: Labour's policy to tax the energy companies [to subsidise bills] is supported by 68% of the public, according to polls. You’re prepared to be unpopular aren’t you?
PM: “Yes, Yes I am.” https://twitter.com/skynews/status/1572234554458480643
How exactly does anyone propose the British government taxes Qatargas and Saudi Aramco, who are the companies doing well out of the crisis?
The company that bills you for domestic energy is barely breaking even, in fact many of them have gone bust in the last two years.4 -
Has China supplied a single artillery round to Russia ?TOPPING said:
I think many leaders have been isolated internationally. They need key allies not to desert them and they can brush the rest off. That is why the China relationship is so important. I think the people who support (or, more accurately, didn't condemn) him represent billions of people, don't they?Nigelb said:
Almost certainly, yes.Luckyguy1983 said:
Is it too much to hope that he might set an example and return Cyprus and the chunk he's taken of Syria to their rightful owners?Nigelb said:Erdoğan to Putin: Return Crimea to ‘rightful owners’
Turkish leader joins parade of leaders dealing blows to Putin.
https://www.politico.eu/article/return-crimea-turkey-president-erdogan-putin-russia/
I think you're rather missing the point. This isn't about moral authority (of which Erdogan possesses very little indeed) but about Putin's international isolation.
I think the relationship is likely to grow frostier still if the nuclear talk continues.2 -
The Lady's Not For Turning was 1980, the pig headedness served her very very wellkle4 said:
Yes, people remember the caricature and think that's all there was.Scott_xP said:As I say here, Truss thinks Thatcher's imperious pig-headedness, at her height, is the only quality worth cosplaying. But a) Thatcher had earned it politically by winning elections and b) it was her undoing.
Basically, Truss is choosing to cosplay Thatcher JUST before she fell. https://twitter.com/bunker_pod/status/15721359760920616960 -
He could even be the designated driver.TOPPING said:
I nevertheless think Rishi wins the like to go for a pint with test. His speaking manner is easy and friendly. Moreso (although I'm sure it is more with her friends) than Truss.Sandpit said:
Remember that second place was Rishi Rich, the man who clearly didn’t know how to put petrol in a car, let alone know how much it cost, with as much empathy as the spreadsheets on which he lived his life.Anabobazina said:
Truss is a faceless nonentity with a weird voice, ungainly posture and bizarre policies that seem to play directly into Labour's hands.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
She has so far scored the unique achievement of making Sir Keir Royale look both charismatic and sensible in comparison. An odd choice by the Tories.
Third place was the woman who introduced a bill on gender identity that had been written by Stonewall, and she then denied in the campaign that it did what it said it did.
Fourth place was a future star, but still very wet behind the ears having only been an MP for five years and aged 42.
Is it any surprise that Mrs Truss was the winner?
To me, Rishi, for all his where does the green wire go-ness, seems the more human.
If someone had fuelled up his car for him.4 -
The more he mentions nukes to spook the West the more he is struggling.TimS said:
Expect some fairly blood curdling rhetoric and probably a reference to existential struggle against a NATO hell-bent on destroying the Russian nation. Serves the double purpose of appeasing his hardliners and spooking the West.rottenborough said:
It'll be some red meat for the neo-nazi Russian nationalists who are incensed that he is losing.Scott_xP said:There are reports that both President Vladimir Putin and Defence Minister Sergei Shoigu will make a televised address to the Russian people today at 2000 MSK (1800 BST).
0 -
I feel people have already made their decision on Truss, and it is not a positive one.
The “growth plan” is going to be fascinating.
I suspect it will fall apart quite quickly.
0 -
The mad rat Putin is doing it. Declaration of war and full mobilisation0 -
Do you have a source inside the Kremlin?Leon said:
The mad rat Putin is doing it. Declaration of war and full mobilisation1 -
Heard you on Today.TimS said:
It doesn't even matter if it's trickle down economics or not. The narrative today is that it's trickle down economics, that's what the media will run with, and it's reinforced by the headlines of her supporting removing the bankers' bonus cap.Nigelb said:
Everyone pays corporation tax ?BartholomewRoberts said:
Not remotely a 'car crash'. Nor is what Liz Truss is doing, 'trickle down' economics.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
Trickle down economics is cutting taxes only on the rich, eg cutting only the top rate of tax, because you believe that will grow the economy.
Truss is proposing cutting taxes on everyone, via NI and Corporation Tax...
Truss is proposing to boost economic growth by borrowing (at a time of significantly increased government borrowing costs) by borrowing more to fund tax cuts.
That's a very inefficient way of boosting growth.
The comms management is terrible. One thing the mendacious old bounder Boris was good at was doing one lot of very Tory things while pretending to the electorate that he was doing something else entirely. Truss is doing a few things that have some elements that are very Tory and others less so, but somehow managing to make them look even more Tory than they actually are.
I note you called her 'Truss' and the former Chancellor 'Rishi'.
0 -
Some of it is very well-to-do rural. Lots of footballers in Rufford, etc. Burscough and Ormskirk are nice enough small towns.Pro_Rata said:West Lancs:
Don't really know it well, but a couple of thoughts on why it isn't really "red wall", which was suggested on previous topic.
1. Looking at the ward map, Skelmersdale seems almost as big a part of this seat as Wakefield was in, er, Wakefield.
2. Liverpool affinity factor - probably stronger here in areas that were kept out of Merseyside than in Southport which was lumped in.
3. It's a, somewhat improbable, university seat (Edge Hill). (cue PB tutting no doubt).0 -
When you put it like that it sounds like a very weak field!! 😃 but there were several betterSandpit said:
Remember that second place was Rishi Rich, the man who clearly didn’t know how to put petrol in a car, let alone know how much it cost, with as much empathy as the spreadsheets on which he lived his life.Anabobazina said:
Truss is a faceless nonentity with a weird voice, ungainly posture and bizarre policies that seem to play directly into Labour's hands.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
She has so far scored the unique achievement of making Sir Keir Royale look both charismatic and sensible in comparison. An odd choice by the Tories.
Third place was the woman who introduced a bill on gender identity that had been written by Stonewall, and she then denied in the campaign that it did what it said it did.
Fourth place was a future star, but still very wet behind the ears having only been an MP for five years and aged 42.
Is it any surprise that Mrs Truss was the winner
?
candidates. Tom T would have been a strong choice.
0 -
I'm sure Russia could use munitions from everywhere but that wasn't my point. China didn't condemn Russia at the UN, did they? I don't think so. Neither did India IIRC. And I don't think India sent them any tanks either. The issue being "international isolation" isn't complete without a great deal more of the world's population. Because surely you're not seeing this through the prism of the Anglo-American axis only.Nigelb said:
Has China supplied a single artillery round to Russia ?TOPPING said:
I think many leaders have been isolated internationally. They need key allies not to desert them and they can brush the rest off. That is why the China relationship is so important. I think the people who support (or, more accurately, didn't condemn) him represent billions of people, don't they?Nigelb said:
Almost certainly, yes.Luckyguy1983 said:
Is it too much to hope that he might set an example and return Cyprus and the chunk he's taken of Syria to their rightful owners?Nigelb said:Erdoğan to Putin: Return Crimea to ‘rightful owners’
Turkish leader joins parade of leaders dealing blows to Putin.
https://www.politico.eu/article/return-crimea-turkey-president-erdogan-putin-russia/
I think you're rather missing the point. This isn't about moral authority (of which Erdogan possesses very little indeed) but about Putin's international isolation.
I think the relationship is likely to grow frostier still if the nuclear talk continues.
Hence the importance of the China relationship.0 -
China really doesn’t want Russia to use nukes (against what, exactly?) - as before you can say “non-proliferation” the Japanese and South Koreans will have them too.Nigelb said:
Has China supplied a single artillery round to Russia ?TOPPING said:
I think many leaders have been isolated internationally. They need key allies not to desert them and they can brush the rest off. That is why the China relationship is so important. I think the people who support (or, more accurately, didn't condemn) him represent billions of people, don't they?Nigelb said:
Almost certainly, yes.Luckyguy1983 said:
Is it too much to hope that he might set an example and return Cyprus and the chunk he's taken of Syria to their rightful owners?Nigelb said:Erdoğan to Putin: Return Crimea to ‘rightful owners’
Turkish leader joins parade of leaders dealing blows to Putin.
https://www.politico.eu/article/return-crimea-turkey-president-erdogan-putin-russia/
I think you're rather missing the point. This isn't about moral authority (of which Erdogan possesses very little indeed) but about Putin's international isolation.
I think the relationship is likely to grow frostier still if the nuclear talk continues.
0 -
Excellent.CarlottaVance said:Some may recall during COVID the TravellingTabby website produced easy to understand and accessible stats. What I didn’t know was that the young man behind it was awarded the MBE for his work - and was invited to Westminster Abbey for the service yesterday:
https://twitter.com/travellingtabby/status/15722454621572423742 -
Re Russia. Just been reminded that if Putin made a formal declaration of war tonight then Belarus is treaty bound to support them0
-
I think Truss is being quite smart in going for growth and being serious rather than flippantly chasing polls.Gardenwalker said:I feel people have already made their decision on Truss, and it is not a positive one.
The “growth plan” is going to be fascinating.
I suspect it will fall apart quite quickly.
Everyone at the minute is making extremely negative forecasts of doom and gloom, but there's a very real possibility that by this time next year the war in Ukraine should be over, commodity prices will have fallen, the economy should be growing and the roaring twenties that Rishi's tax rises and Putin's war looked to snuff out could be back on.
And if so, Truss will deserve some credit for sticking to her guns. And for her role in helping Ukraine win the war.0 -
Interesting thread from @TorstenBell as always… on the q of cutting taxes ultimately meaning difficult questions on public spending Liz Truss is explicitly denying that. She told us today she can borrow more, cut taxes AND keep public spending high. All by growing the economy. https://twitter.com/torstenbell/status/15722522675581132811
-
Labour 42% (–)
Conservative 34% (+4)
Liberal Democrat 10% (-4)
Green 5% (-1)
Scottish National Party 4% (-1)
Reform UK 3% (+1)
Other 1% (-1)
Changes +/- 7 September.
redfieldandwiltonstrategies.com/latest-gb-voti…0 -
Russia can't trust China - the latter covets the Far East and, as with Kazakhstan, is looking to supplant Russian influence.TOPPING said:
I think many leaders have been isolated internationally. They need key allies not to desert them and they can brush the rest off. That is why the China relationship is so important. I think the people who support (or, more accurately, didn't condemn) him represent billions of people, don't they?Nigelb said:
Almost certainly, yes.Luckyguy1983 said:
Is it too much to hope that he might set an example and return Cyprus and the chunk he's taken of Syria to their rightful owners?Nigelb said:Erdoğan to Putin: Return Crimea to ‘rightful owners’
Turkish leader joins parade of leaders dealing blows to Putin.
https://www.politico.eu/article/return-crimea-turkey-president-erdogan-putin-russia/
I think you're rather missing the point. This isn't about moral authority (of which Erdogan possesses very little indeed) but about Putin's international isolation.
Hence, why I think this mobilisation is not meant for the Ukraine (if it happens). It is meant to shore up Russia in the Caucasus and the East. These are far more important to Russia strategically and, more to the point, you don't need to have fully trained troops there, just enough to enforce the peace and persuade the warring parties to desist (although, in the case of Azerbaijan, there is a question).0 -
This is partly a case of media getting its facts confused. The Labour proposal would cover both energy companies and power generators, and the latter are the bigger sitting ducks for a windfall tax because a. they've not had one already, b. they are the companies making money in the UK from generating electricity that is at artificially high prices due to the way the elec price is tethered to gas.Sandpit said:
Oh dear, we’re back to “the energy companies” bogeyman from the media and Labour.Scott_xP said:Q: Labour's policy to tax the energy companies [to subsidise bills] is supported by 68% of the public, according to polls. You’re prepared to be unpopular aren’t you?
PM: “Yes, Yes I am.” https://twitter.com/skynews/status/1572234554458480643
How exactly does anyone propose the British government taxes Qatargas and Saudi Aramco, who are the companies doing well out of the crisis?
The company that bills you for domestic energy is barely breaking even, in fact many of them have gone bust in the last two years.
A WT on the power generators would apply to renewables and nuclear which is where a lot of the big windfall is landing.2 -
Sunak would have been a far better choice as PM, but perhaps not for a pint —- he’s a teetotallerTOPPING said:
I nevertheless think Rishi wins the like to go for a pint with test. His speaking manner is easy and friendly. Moreso (although I'm sure it is more with her friends) than Truss.Sandpit said:
Remember that second place was Rishi Rich, the man who clearly didn’t know how to put petrol in a car, let alone know how much it cost, with as much empathy as the spreadsheets on which he lived his life.Anabobazina said:
Truss is a faceless nonentity with a weird voice, ungainly posture and bizarre policies that seem to play directly into Labour's hands.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
She has so far scored the unique achievement of making Sir Keir Royale look both charismatic and sensible in comparison. An odd choice by the Tories.
Third place was the woman who introduced a bill on gender identity that had been written by Stonewall, and she then denied in the campaign that it did what it said it did.
Fourth place was a future star, but still very wet behind the ears having only been an MP for five years and aged 42.
Is it any surprise that Mrs Truss was the winner?
To me, Rishi, for all his where does the green wire go-ness, seems the more human.0 -
She will claim credit, but would deserve next to none.BartholomewRoberts said:
I think Truss is being quite smart in going for growth and being serious rather than flippantly chasing polls.Gardenwalker said:I feel people have already made their decision on Truss, and it is not a positive one.
The “growth plan” is going to be fascinating.
I suspect it will fall apart quite quickly.
Everyone at the minute is making extremely negative forecasts of doom and gloom, but there's a very real possibility that by this time next year the war in Ukraine should be over, commodity prices will have fallen, the economy should be growing and the roaring twenties that Rishi's tax rises and Putin's war looked to snuff out could be back on.
And if so, Truss will deserve some credit for sticking to her guns. And for her role in helping Ukraine win the war.0 -
Yes. It’s called MY BRILLIANT INTUITIVE MINDGardenwalker said:
Do you have a source inside the Kremlin?Leon said:
The mad rat Putin is doing it. Declaration of war and full mobilisation
Actually you don’t have to be brilliant at all to work out that Putin is going to escalate. As I’ve been saying all day it’s his only option. He’s cornered himself
He may not declare total war but he’s going to up the stakes for sure
A deeply menacing moment for the world0 -
No, corporation tax is taxed on what is left after the employees have been paid.Driver said:
Yes, everyone pays corporation tax. Effectively, only individuals pay tax - if you raise corporation tax it reduces profits which means less being passed on to employees through wages and (for those companies that have them) shareholders (probably mostly pension funds) - or raised prices being charged to their customers.Nigelb said:
Everyone pays corporation tax ?BartholomewRoberts said:
Not remotely a 'car crash'. Nor is what Liz Truss is doing, 'trickle down' economics.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
Trickle down economics is cutting taxes only on the rich, eg cutting only the top rate of tax, because you believe that will grow the economy.
Truss is proposing cutting taxes on everyone, via NI and Corporation Tax...
Truss is proposing to boost economic growth by borrowing (at a time of significantly increased government borrowing costs) by borrowing more to fund tax cuts.
That's a very inefficient way of boosting growth.1 -
Taxing renewables seems rather short sighted.TimS said:
This is partly a case of media getting its facts confused. The Labour proposal would cover both energy companies and power generators, and the latter are the bigger sitting ducks for a windfall tax because a. they've not had one already, b. they are the companies making money in the UK from generating electricity that is at artificially high prices due to the way the elec price is tethered to gas.Sandpit said:
Oh dear, we’re back to “the energy companies” bogeyman from the media and Labour.Scott_xP said:Q: Labour's policy to tax the energy companies [to subsidise bills] is supported by 68% of the public, according to polls. You’re prepared to be unpopular aren’t you?
PM: “Yes, Yes I am.” https://twitter.com/skynews/status/1572234554458480643
How exactly does anyone propose the British government taxes Qatargas and Saudi Aramco, who are the companies doing well out of the crisis?
The company that bills you for domestic energy is barely breaking even, in fact many of them have gone bust in the last two years.
A WT on the power generators would apply to renewables and nuclear which is where a lot of the big windfall is landing.0 -
Really? Suicidal for Luka.wooliedyed said:Re Russia. Just been reminded that if Putin made a formal declaration of war tonight then Belarus is treaty bound to support them
1 -
The data is showing that Sunak's super 70-year high taxes are strangling the economy at the same time as yielding a fraction of what he was expecting (the latest PSBR is tomorrow).
This is before the Bank of England puts up interest rates to stem the inflation that has become rampant on Sunak's watch and under his policies. He and his chums at the treasury have also clearly been a bulwark against meaningful post brexit reform.
Under Sunak we would be looking at not recession but depression, not higher indebtedness but bankruptcy.
2 -
So it's all doom and gloom for which she deserves the blame, unless things go well in which case she doesn't deserve credit? 🤔Jonathan said:
She will claim credit, but would deserve next to none.BartholomewRoberts said:
I think Truss is being quite smart in going for growth and being serious rather than flippantly chasing polls.Gardenwalker said:I feel people have already made their decision on Truss, and it is not a positive one.
The “growth plan” is going to be fascinating.
I suspect it will fall apart quite quickly.
Everyone at the minute is making extremely negative forecasts of doom and gloom, but there's a very real possibility that by this time next year the war in Ukraine should be over, commodity prices will have fallen, the economy should be growing and the roaring twenties that Rishi's tax rises and Putin's war looked to snuff out could be back on.
And if so, Truss will deserve some credit for sticking to her guns. And for her role in helping Ukraine win the war.2 -
Redfield has Starmer getting a big boost to plus 4 job approval, Truss at plus 3
Truss 4 points ahead best PM 40 360 -
Oh, in those terms I don't disagree.TOPPING said:
I'm sure Russia could use munitions from everywhere but that wasn't my point. China didn't condemn Russia at the UN, did they? I don't think so. Neither did India IIRC. And I don't think India sent them any tanks either. The issue being "international isolation" isn't complete without a great deal more of the world's population. Because surely you're not seeing this through the prism of the Anglo-American axis only.Nigelb said:
Has China supplied a single artillery round to Russia ?TOPPING said:
I think many leaders have been isolated internationally. They need key allies not to desert them and they can brush the rest off. That is why the China relationship is so important. I think the people who support (or, more accurately, didn't condemn) him represent billions of people, don't they?Nigelb said:
Almost certainly, yes.Luckyguy1983 said:
Is it too much to hope that he might set an example and return Cyprus and the chunk he's taken of Syria to their rightful owners?Nigelb said:Erdoğan to Putin: Return Crimea to ‘rightful owners’
Turkish leader joins parade of leaders dealing blows to Putin.
https://www.politico.eu/article/return-crimea-turkey-president-erdogan-putin-russia/
I think you're rather missing the point. This isn't about moral authority (of which Erdogan possesses very little indeed) but about Putin's international isolation.
I think the relationship is likely to grow frostier still if the nuclear talk continues.
Hence the importance of the China relationship.
But it does seem that the relationship is getting significantly less friendly.
My point is that attempts to escalate beyond a certain point risk losing the acquiescence of such states.0 -
True, but spectacularly missing the point.No_Offence_Alan said:
No, corporation tax is taxed on what is left after the employees have been paid.Driver said:
Yes, everyone pays corporation tax. Effectively, only individuals pay tax - if you raise corporation tax it reduces profits which means less being passed on to employees through wages and (for those companies that have them) shareholders (probably mostly pension funds) - or raised prices being charged to their customers.Nigelb said:
Everyone pays corporation tax ?BartholomewRoberts said:
Not remotely a 'car crash'. Nor is what Liz Truss is doing, 'trickle down' economics.Scott_xP said:Absolute CAR-CRASH interview by @trussliz, wilting under smart questioning by @BethRigby, on her outdated trickle-down economics.
Recorded, quite literally, while the US President she is about to meet, tweets this:
https://twitter.com/SkyNews/status/1572238135525838850 https://twitter.com/sturdyAlex/status/1572244208697905152/photo/1
Trickle down economics is cutting taxes only on the rich, eg cutting only the top rate of tax, because you believe that will grow the economy.
Truss is proposing cutting taxes on everyone, via NI and Corporation Tax...
Truss is proposing to boost economic growth by borrowing (at a time of significantly increased government borrowing costs) by borrowing more to fund tax cuts.
That's a very inefficient way of boosting growth.1 -
Given how well their tanks have performed, if they are for export the buyer will be scanning the contract for get out clauses.JosiasJessop said:
There have been pictures of brand-new tanks coming off the production line, so production has restarted in at least a minimal way. But there are also rumours they are tanks to fill foreign export orders...Sandpit said:The official Ukranian number is now 67% of known Russian tanks - 2,216 of 3,300 - lost in the conflict so far. Only seven months in.
The vast majority of what are left, are Vietnam-era T-62 relics that have been in storage for half a century, firing North Korean ammo, and will be close to a waste of good NLAWs as far as the defenders are concerned.
How does a ‘mobilisation’ help the situation, that Russia is unable to train and supply the troops it has already, let alone tens of thousands more, that are surely destined for the meat-grinder?
I hope their wives and mothers know how pointless these deaths will be, and just how expendable Putin considers their husbands and sons, in persuit of his dreams of a 21st century Soviet Empire.0 -
Also not inconceivable given what we know of Russian manufacturing that they are missing quite a lot of the bells and whistles that might make them effective.JosiasJessop said:
There have been pictures of brand-new tanks coming off the production line, so production has restarted in at least a minimal way. But there are also rumours they are tanks to fill foreign export orders...Sandpit said:The official Ukranian number is now 67% of known Russian tanks - 2,216 of 3,300 - lost in the conflict so far. Only seven months in.
The vast majority of what are left, are Vietnam-era T-62 relics that have been in storage for half a century, firing North Korean ammo, and will be close to a waste of good NLAWs as far as the defenders are concerned.
How does a ‘mobilisation’ help the situation, that Russia is unable to train and supply the troops it has already, let alone tens of thousands more, that are surely destined for the meat-grinder?
I hope their wives and mothers know how pointless these deaths will be, and just how expendable Putin considers their husbands and sons, in persuit of his dreams of a 21st century Soviet Empire.0 -
LLG 57%. Consistent with other post-leadership but pre-London Bridge polls.wooliedyed said:
Labour 42% (–)
Conservative 34% (+4)
Liberal Democrat 10% (-4)
Green 5% (-1)
Scottish National Party 4% (-1)
Reform UK 3% (+1)
Other 1% (-1)
Changes +/- 7 September.
redfieldandwiltonstrategies.com/latest-gb-voti…
Not seen anything with fieldwork after that point yet (or indeed after the energy price cap announcement?)0 -
The agreements are there, i think a formal declaration triggers themTimS said:
Really? Suicidal for Luka.wooliedyed said:Re Russia. Just been reminded that if Putin made a formal declaration of war tonight then Belarus is treaty bound to support them
0
