Observer II Posted November 22, 2023 Report Share Posted November 22, 2023 I got the impression that there is no room for manoevre by any UK Gov, given the £400billion covid debt, which makes me wonder how HMG can afford to spend £7miilion per day on hotels for immigrants, or £millions in aid to a failing Ukraine ? And the latest allegation of giving in one hand and taking in the other refers to the super triple lock rise for the grumpies, as the tax threshold will mean the rise will be paid back to Gov in tax . Quote Link to comment Share on other sites More sharing options...
Lt Kije Posted November 23, 2023 Report Share Posted November 23, 2023 oh look, Obs again going on about immigration, trying to hide in a post about the Autumn Statement 😀 Quote Link to comment Share on other sites More sharing options...
Observer II Posted November 23, 2023 Author Report Share Posted November 23, 2023 ONS figures - over 750,000 migrants in a year - wake up ffs. Quote Link to comment Share on other sites More sharing options...
Lt Kije Posted November 23, 2023 Report Share Posted November 23, 2023 1 hour ago, Observer II said: ONS figures - over 750,000 migrants in a year - wake up ffs. Brexit was going to stop it, How wrong you were, all it did was make our economy smaller!!! Quote Link to comment Share on other sites More sharing options...
Observer II Posted November 23, 2023 Author Report Share Posted November 23, 2023 What an absolute clown. The EU, with the exception of Hungary and Poland, are being swamped with migrants, so nothing to do with Brexit at all. 😠 Quote Link to comment Share on other sites More sharing options...
Lt Kije Posted November 23, 2023 Report Share Posted November 23, 2023 6 minutes ago, Observer II said: What an absolute clown. The EU, with the exception of Hungary and Poland, are being swamped with migrants, so nothing to do with Brexit at all. 😠 Reaaly, you have swapped White European immigration for Sub Continent immigration, add to that lots of the Europeans were only transitory!!, face it, you voted for non white immigration and you are moaning about black people on Tv!!, get a grip!! Quote Link to comment Share on other sites More sharing options...
Observer II Posted November 23, 2023 Author Report Share Posted November 23, 2023 The immigration in the EU includes blacks, they arrive in Italy from N/Africa. Most of ours are Indian, no surprise when we have an Indian PM ! Quote Link to comment Share on other sites More sharing options...
Lt Kije Posted November 23, 2023 Report Share Posted November 23, 2023 12 minutes ago, Observer II said: The immigration in the EU includes blacks, they arrive in Italy from N/Africa. Most of ours are Indian, no surprise when we have an Indian PM ! If you read what I put, I said Sub Continent ☺️ Quote Link to comment Share on other sites More sharing options...
Observer II Posted November 23, 2023 Author Report Share Posted November 23, 2023 Doesn't really matter where they are from, it's all about numbers, and numbers require housing, education and health services, and the illegals and dependents don't work anyway, so are a drain on our taxes. Quote Link to comment Share on other sites More sharing options...
ninearches Posted November 24, 2023 Report Share Posted November 24, 2023 What i don't understand is how high interest rates benefit the country. I'm sure the banks etc are happy but more money in peoples' pockets as disposable income would surely fuel economic growth & provide massive VAT receipts for HMG? Or doesn't it work like that ? Quote Link to comment Share on other sites More sharing options...
Confused52 Posted November 24, 2023 Report Share Posted November 24, 2023 It would if there were excess goods and services ready to supply which meant that increased demand would not cause prices to rise. That does not seem to be the case since many types of goods are facing supply difficulties and there are not excess people desperate to provide services. These days finding what you want or getting someone to do work for you is like pulling hens teeth. I would point out too that this problem with increasing the money supply means that the claim that increasing pay in the public sector does not cause inflation because the extra spending does not cause extra costs of production is also false. Without sufficient excess supply of goods the result of extra demand from those in the public sector would cause price, if not cost, inflation. The rational way forwards is private sector investment incentive to increase productivity, thus reducing effective costs and allowing extra volume production of goods. That would allow the economy to respond to increased demand which would increase GDP. It isn't an instant answer but in more sustainable that just handing out extra cash to the public sector for doing what they always did but for higher wages and higher taxes to pay for it. 1 Quote Link to comment Share on other sites More sharing options...
Lt Kije Posted December 5, 2023 Report Share Posted December 5, 2023 On 11/24/2023 at 6:07 PM, Confused52 said: It would if there were excess goods and services ready to supply which meant that increased demand would not cause prices to rise. That does not seem to be the case since many types of goods are facing supply difficulties and there are not excess people desperate to provide services. These days finding what you want or getting someone to do work for you is like pulling hens teeth. I would point out too that this problem with increasing the money supply means that the claim that increasing pay in the public sector does not cause inflation because the extra spending does not cause extra costs of production is also false. Without sufficient excess supply of goods the result of extra demand from those in the public sector would cause price, if not cost, inflation. The rational way forwards is private sector investment incentive to increase productivity, thus reducing effective costs and allowing extra volume production of goods. That would allow the economy to respond to increased demand which would increase GDP. It isn't an instant answer but in more sustainable that just handing out extra cash to the public sector for doing what they always did but for higher wages and higher taxes to pay for it. I don't mind giving tax incentives, but sadly our captains of industry have a track record of taking government money, and pocketing it, or giving there shareholders a bonus with it, rather than investing in the future Quote Link to comment Share on other sites More sharing options...
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