Macron jokes about Larry the cat with Starmer and Reeves
Keir Starmer and Emmanuel Macron joked about Larry the cat, ahead of talks to finalise a plan on tackling migrants crossing the Channel on small boats.
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A Political Thread pt. 2
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The secret of the perfect political slogan
Political strategist Chris Bruni-Lowe claims in a new book that eight words hold the key to electoral success.
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UK economy shrank unexpectedly in May
The economy shrank by 0.1%, the second month in a row it has contracted.
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Really that surprising?
Don't get why they do these updates when they're so small either direction
BOOST FOR REEVES
BLOW FOR REEVES
It's all in the margin of error
BOOST FOR REEVES
BLOW FOR REEVES
It's all in the margin of error
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3 months in a row still technically a recession. Bottom line is we're not growing and she has no plan or vision how to. Borrow more is what it's going to come down to at current interest rates. Taxes go up.
Hasn't it only been two months?
and that doesn't even cancel out half of the growth from the start of the year
Pointless worrying about it IMO, the margins are so fine - they'll say it shrunk by 0.1% and then next week the economist will say by a different metric it grew by 0.1% - neither really mean anything to the general population
and that doesn't even cancel out half of the growth from the start of the year
Pointless worrying about it IMO, the margins are so fine - they'll say it shrunk by 0.1% and then next week the economist will say by a different metric it grew by 0.1% - neither really mean anything to the general population
The economy is stagnating, they are trying to do stuff.
Nobody has an laternative plan other than Farage's Trussterfuck 2.0.
A recession is two quarters of negative growth not 3 months.
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Thanks I stand corrected. But point still stands.
Running your entire political campaign on 'growth growth growth' and then managing jackshit of it in a year is a rather poor return.
Oh and 'change'. Can't say I've seen much of that either.
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So...
Jacinda Ardern may be under a bit of pressure...
She quit after post pandemic scrutiny, months before her party was defeated, as her popularity nose dived for her authoritarian response to the pandemic, and fled the the US and has flourished in her goal of celebrity.
Now the inquiry want to grill her, shes only responded through a spokesperson, who states she will assist the inquiry and that "she is also happy for the commission to access her previous testimony,"
Let's be honest, there were a lot of western leaders who enjoyed the war time and extended powers bestowed on them, but I'm not sure there were many who enjoyed them more than Ardern, Aus Victoria went a bit off the rails, Treudau maybe.
But its interesting that NZ officials are already looking at options of forcing her return to answer, instead of being confident she will do the right thing.
PS, I don't think theres a lot NZ can do if she remains in the USA. She could return to Oprah and taunt them if she wanted.
Jacinda Ardern may be under a bit of pressure...
She quit after post pandemic scrutiny, months before her party was defeated, as her popularity nose dived for her authoritarian response to the pandemic, and fled the the US and has flourished in her goal of celebrity.
Now the inquiry want to grill her, shes only responded through a spokesperson, who states she will assist the inquiry and that "she is also happy for the commission to access her previous testimony,"
Let's be honest, there were a lot of western leaders who enjoyed the war time and extended powers bestowed on them, but I'm not sure there were many who enjoyed them more than Ardern, Aus Victoria went a bit off the rails, Treudau maybe.
But its interesting that NZ officials are already looking at options of forcing her return to answer, instead of being confident she will do the right thing.
PS, I don't think theres a lot NZ can do if she remains in the USA. She could return to Oprah and taunt them if she wanted.
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You clearly don't go to or work in a private school. Don't you realise how much they are suffering now?
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She’s only got herself to blame. She’s boxed herself into a corner with her strict fiscal rules and now Labour’s backbenchers won’t play ball she’s likely going to have to break them.
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Read some analysis saying inheritance might be something targeted. This particularly grates, lots of boomers dismissed how following generations weren't getting the same share of overall wealth by saying the next generations will inherit it from the boomers when they die.
Now it's looking likely that, after hoarding the majority of wealth for decades, it won't even be passed on when they die.
I don't think enough attention is paid to how much damage the hoarding of wealth in 1 generation is doing to the economy.
The generation that had by some distance the highest share of the overall wealth in the country is also protected with the triple lock and continues to put the highest spending burden onto the next generations right up to death.
Now it's looking likely that, after hoarding the majority of wealth for decades, it won't even be passed on when they die.
I don't think enough attention is paid to how much damage the hoarding of wealth in 1 generation is doing to the economy.
The generation that had by some distance the highest share of the overall wealth in the country is also protected with the triple lock and continues to put the highest spending burden onto the next generations right up to death.
Personally, I'm in favour of inheritance tax, with more-or-less the current lower threshold; but maybe some acknowledgement that we're now getting single parents popping off.
What needs to be closed off (as ever) is the loopholes put in so that the rich can maintain their generational wealth.
When my mum dies, my brother and I won't have done anything at all to have earned her house; and I have no problem paying tax on that earnings. Some tinkering the the tax is due when the house is sold, but it's probably an unnecessary complication, especially as many wouldn't sell the house, but rent it out and become landlords (that's certainly what I'd suggest to my brother that we do).
IMO generational wealth, and the flip side of generational poverty - are bad things. We also know that the current tax take isn't enough to keep the country afloat - thanks to 16(?) years of austerity, price-gouging from companies, and 45 years of poorly controlled capitalism.
I will add, that my retirement depends 100% on inheriting from my parents - I have no capacity to have a private pension, and state pension is... yeah...
What needs to be closed off (as ever) is the loopholes put in so that the rich can maintain their generational wealth.
When my mum dies, my brother and I won't have done anything at all to have earned her house; and I have no problem paying tax on that earnings. Some tinkering the the tax is due when the house is sold, but it's probably an unnecessary complication, especially as many wouldn't sell the house, but rent it out and become landlords (that's certainly what I'd suggest to my brother that we do).
IMO generational wealth, and the flip side of generational poverty - are bad things. We also know that the current tax take isn't enough to keep the country afloat - thanks to 16(?) years of austerity, price-gouging from companies, and 45 years of poorly controlled capitalism.
I will add, that my retirement depends 100% on inheriting from my parents - I have no capacity to have a private pension, and state pension is... yeah...
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I always find the idea that its an entire generations fault that they benefitted from better financial times a bad thing lol.
I'd argue that they went through tough times, but the biggest difference is the spoiled nature and entitlement thay generation instilled into their children.
When times get tough historically, people tighten their belts and hold on for the turn, but currently people believe they are entitled to high value and luxury items as a standard.
The predatory nature of business hasn't helped, the subscription model is a killer, but at some point some responsibility has to be considered, to keep blaming old people isn't a fix.
I'd argue that they went through tough times, but the biggest difference is the spoiled nature and entitlement thay generation instilled into their children.
When times get tough historically, people tighten their belts and hold on for the turn, but currently people believe they are entitled to high value and luxury items as a standard.
The predatory nature of business hasn't helped, the subscription model is a killer, but at some point some responsibility has to be considered, to keep blaming old people isn't a fix.
Yeah too much netflix and avocado toast
No one is blaming old people, just recognising the overwhelming amount of money certain classes have gained through property ownership
Billions? Trillions?
The countries on its arse and so much of the wealth is tied up in something that gives nothing back at this stage
Generally I'm against inheritance tax, but sometimes tough decisions have to be made - not that I trust Labour (or anyone else, really) to make them after they keep flopping whenever they suggest anything that might get some revenue
Millennials and the generations after them are the first in History to be less wealthy than those who came before them.
Is it generational or is it just the middle classes are now being squeezed out?
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