Every ****ing thing they touch. OBR personnel are currently before the Commons Treasury Select Committee to answer questions about their budget forecast. Labour MP Jeevun Sandher, who was busy parroting Labour budget lines on the airwaves last week, was confused that Reeves’ injection of £22.6 billion extra to the NHS won’t boost potential output. He claimed that output was revised down under the Tories thanks to ‘declining public health’ and complained that the OBR doesn’t think extra cash will now help… OBR Chairman Richard Hughes slapped Sandher down: “Myself and my predecessors have revised down our views of potential output pretty steadily since the aftermath of the financial crisis. Every country in the world has suffered a big hit to potential output, including those like the US who’ve continue to spend lots and lots of money on healthcare. The idea that there’s a direct link between how much are spending on healthcare and the potential output of the country is not demonstrated by the data.” That is – chucking more money for day-to-day NHS spending won’t help growth. Hughes also pointed out no further plan has been spelt out by the Treasury: “We know very little about what the government’s plans are for healthcare spending after.“ So much for “Reform or die“… At the same time MPs were shocked that it would only take a 0.3% increase in interest rates to entirely wipe out Reeves’ “fiscal headroom.” It’s not just the gilt market coming to terms with the scale of Reeves’ spending… “A 1.3% increase in the interest rate… that actually results in the current balance in five years being in deficit by £11 billion, so you’re actually missing the rule by £11 billion… To get the current balance down to essentially zero so to take away all the current hedroom, we have point three.“ The budget has already prevented faster interest rate cuts according to economists and boosted future inflation. Reeves’ pretend “fiscal stability” is a house of cards… https://order-order.com/2024/11/05/obr-chairman-slaps-down-labour-mp-over-bogus-budget-claims/
So far everything 2 tier has said regarding taxes and tuition fees he has lied. Lefties like to be taxed to hell for no benefit.
Where's the lie Kusstard? ... and frankly, anything that combats the possibility for similar Old Etonian disasters like Tubs de Pfeffel getting government positions well beyond their capabilities or intellect is welcome ... Tell me Kusstard, who do you think would come out top in an IQ test - Boris Johnson or Keir Starmer? ... whilst you're at it double up - Kamala Harris or Donald Trump?
Read his manifesto, you will probably need help reading it as it has some big words in it, such as we will not increase NI tax and not increase tuition fees. Why would I care about Trump or Harris, whats it with the far left and USA politics?
In fact 2 tier wanted to get rid of tuition fees. https://x.com/BeckettUnite/status/1853692925621760383
I was asking for your opinion on relative intelligence ... you failed ... Probably means you're a Tory ... so many stupid sheep ...
She holds a lot of influence on middle aged women with not a lot to do. I’m assuming that’s her demographic.
So appealing to lazy fat arsed tarts then. Makes sense Much like Meagre Sparkle and Hazza the junkie.
