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Today’s Mini Budget.

(374 Posts)
Urmstongran Fri 23-Sept-22 10:03:22

What do we think of Kwarteng’s statement?

Sweetpeasue Fri 23-Sept-22 21:53:57

So you can afford The Gaurdian.! Good luck to you. I used to have to read it too for A level at college. Very interesting articles. I'm a Labour person. Can't afford to read that though.

DaisyAnne Fri 23-Sept-22 21:51:31

Sweetpeasue

So sorry I tried to quote Daisy Anne.
I shouldn't be on here tonight. I'm all over the place. Why do I care about what people think of me so much! I'm a wreck.

I'm sorry Sweetpeasue. I certainly didn't intend to add to your difficulties. However, I think many of us are aware of Urnstongran's views.

Sweetpeasue Fri 23-Sept-22 21:51:09

There are so many sides to these arguments and I'm glad they're discussed. But nothing is black and white. I wish everyone would understand. I'm not capable obviously. Not intelligent not anythi g

Fleurpepper Fri 23-Sept-22 21:49:26

Urmstongran

Very few people starve in the western world.
Watch out for the bleeding hearts on these threads SweetpeaSue.

Perhaps read this article in the Guardian

If you are poor, it’s time to ask yourself: have you thought of simply being rich?

Marina Hyde

Simple hey Marie-Antoinette!

DaisyAnne Fri 23-Sept-22 21:49:19

Urmstongran

Very few people starve in the western world.
Watch out for the bleeding hearts on these threads SweetpeaSue.

So are some people disposable UG?

DaisyAnne Fri 23-Sept-22 21:47:46

I'm still trying to get my head round them attacking those on benefit because they are not working full time. It's the government's fault the childcare doesn't work and is becoming less and less available. It's the government's fault that there are not enough carers, and the care system doesn't work. These are two reasons why parents and carers have to work part-time.

Sweetpeasue Fri 23-Sept-22 21:47:03

So sorry I tried to quote Daisy Anne.
I shouldn't be on here tonight. I'm all over the place. Why do I care about what people think of me so much! I'm a wreck.

Sweetpeasue Fri 23-Sept-22 21:44:54

OMG What IS wrong with you people. I'm havi g a breakdown here! Just stupidly read this. Will never come on here again. Thank you Urms. I can't believe this.

Urmstongran Fri 23-Sept-22 21:41:25

Oh do me a favour DaisyAnne.
SweetpeaSue has lived through her poverty which is why I cheered her on from the sidelines. Others on here only read about it. Big difference.

Grandalf1 Fri 23-Sept-22 21:21:45

Given a decade or more of Tory government culminating in the Clown followed by the Smirk, don't be surprised by the latest onslaught on the poorest and the slightly better off. It's Toryism writ large.

DaisyAnne Fri 23-Sept-22 21:12:32

Fleurpepper

Urmstongran

Very few people starve in the western world.
Watch out for the bleeding hearts on these threads SweetpeaSue.

Best if I don't reply, as I would be struck off from EF.

The word I am thinking about begins with 'B'- for sure!

Do you remember how, after the war many ordinary German people could not accept what their government had done. The allies marched them through the death camps to show them the bodies, the dying and the indignity. I just wonder, if after we are rid of this government ... ... ...

Obviously not but the ignorance of some people to the lives of others is stunning.

Dinahmo Fri 23-Sept-22 21:02:11

Sweetpeasue

Can see there's a hole in this argument as a poorer person doesn't HAVE to spend it. They're capable as anyone else to save.
I agree with the general principle.

A poor person is probably going to have to play catch up and so will spend it on basic needs.

Dinahmo Fri 23-Sept-22 20:59:55

CoolCoco

If a poor person gets another £1k they would spend it thus boosting the economy, if a rich person is given extra £1k it will just add to their bank balance, they wouldn't necessarily spend it. Has 'levelling up" been forgotten now? Is it now just "trickle down"?

£1K for a poor person would be spent on food, heating bills, maybe new shoes for the children. It doesn't go far and win;t really be boosting the economy.

Fleurpepper Fri 23-Sept-22 20:56:12

Urmstongran

Very few people starve in the western world.
Watch out for the bleeding hearts on these threads SweetpeaSue.

Best if I don't reply, as I would be struck off from EF.

The word I am thinking about begins with 'B'- for sure!

DaisyAnne Fri 23-Sept-22 20:46:08

If this was a mini budget ...

Urmstongran Fri 23-Sept-22 20:35:47

Very few people starve in the western world.
Watch out for the bleeding hearts on these threads SweetpeaSue.

Fleurpepper Fri 23-Sept-22 20:34:43

DaisyAnne

Sweetpeasue

Can see there's a hole in this argument as a poorer person doesn't HAVE to spend it. They're capable as anyone else to save.
I agree with the general principle.

Are you suggesting they starve in order to save? Why do you think they have any "extra" money when we know many can afford to eat properly?

Indeed- let them eat cake type of comment. Not got a clue!

Wyllow3 Fri 23-Sept-22 20:33:47

Shinamae

The rich get richer……..?

Yes. I recommend listening to "Any Questions" R4 on catch up or tomorrow.

DaisyAnne Fri 23-Sept-22 20:31:51

Sweetpeasue

Can see there's a hole in this argument as a poorer person doesn't HAVE to spend it. They're capable as anyone else to save.
I agree with the general principle.

Are you suggesting they starve in order to save? Why do you think they have any "extra" money when we know many can afford to eat properly?

Urmstongran Fri 23-Sept-22 20:16:09

Understandable.
Anyway your (continued, hopefully!) input is welcome. Even if we on here disagree, that’s fine. I think it helps me to gain some insight.

Sweetpeasue Fri 23-Sept-22 20:13:16

That's kind of you Urmstongran. Appreciated. I shouldn't have posted. Not in good state. I was just incensed about the new tax rate.

Urmstongran Fri 23-Sept-22 20:10:47

It’s nice to have you join in SweetpeaSue.
Your points are quite valid. And sensible.
?

Sweetpeasue Fri 23-Sept-22 19:56:31

vegansrock I never thought for a second you did!
Obvious to me unless previous posts are read its difficult to get the gist of a
poster's intended meaning. Or I'm just not capable of putting over what I mean. In which case I'd be better staying off the political thread and leave it to the ones who generally come here.
I'm out.

growstuff Fri 23-Sept-22 19:54:31

I hope nobody in the Tory Party will ever have the nerve to refer to Liam Byrne's jokey note "I'm afraid there is no money".

growstuff Fri 23-Sept-22 19:51:20

MaizieD

I still don't understand where all this 'growth' that's going to boost the economy is coming from.

Perhaps someone could explain how a domestic ,market comprising primarily people who can't afford to buy very much apart from heating, eating and housing, is going to 'boom'.

If they're expecting the rich to do it by spending in the UK and trickling down their wealth those 'rich' are going to have to do one heck of a lot of spending..

They certainly are going to have to do a lot of spending.

My partner has an income at the bottom of the top 10% in the UK and he will benefit by a few hundred pounds a year. The extra money might cover his extra fuel and food bills. He's not going to be badly off, but he certainly won't be flush with cash.

Meanwhile, the remaining 90% will be poorer as a result of rising prices, the falling pound and tax changes not compensating. They're going to cut back on haircuts, subscriptions, eating out, etc etc. Some at the bottom have already made cuts, so goodness knows what they'll do. Maybe they'll borrow - at a time when interest rates are going up.

Meanwhile, those with incomes over £150k (the top 1 or 2%?) will be thousands of pounds better off. How many haircuts, meals out, theatre visits, etc can an individual pack in? They won't spend their money productively. They'll buy property and/or failed businesses. which won't increase productivity.

Please, please tell me somebody where my thinking is fundamentally flawed.