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Off Topic 2023 NEW START - - inflation - POST EVENT INQUIRIES ++ ARE PEOPLE GETTING Fed up?

Discussion in 'Bristol City' started by realred1952, Jul 5, 2022.

  1. realred1952

    realred1952 Well-Known Member

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    Yo you obviously didnt watch it yet, AR is lost with a script oor maybe lost without a script. What happened 27 years ago is now water under the bridge ... back then there was no war .. no covid ... no adjusting to the freedom of Brexit. She went from a smirky " I am a comedienne " to a sour faced defeated prospective leader of the labour party??? or in the new shake up coming will she be in the same job!
     
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  2. AshtonRed

    AshtonRed Well-Known Member

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    I have watched it, you’re missing my point. the reference to the past may have been irrelevant, but the comparison to the present is completely relevant, I’m not too bothered about the posturing of the two of them, but the I am interested in the plight of the majority of the British people that she was pointing out, rather than addressing the points she was making he made cheap points, he should have admitted they’d made mistakes, and set out how they are intending to put them right, rather than trying to point out figures that tried to suggest they’ve made a good job. In the real world people know that’s nonsense. We are in a mess and much if it is down to the tories, who after all have been in power for 13 years. I couldn’t give two hoots whether AR is deputy of the Labour Party. He played to his back benchers, rather than the British people.

    Besides the deputy leader of the Labour Party is often a political appointment, it’s about balancing out the power of the various factions, Prescott was popular with the unions and left of the party, Blair being much more centre of the political spectrum, right of the Labour Party , Rayner likewise is popular with the unions and the left. She is passionate, but at times not very eloquent.
     
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    Last edited: Jul 13, 2023
  3. Redprintt

    Redprintt Well-Known Member

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    Watching PMQs.

    Each to their own.
     
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  4. realred1952

    realred1952 Well-Known Member

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    this section of your post shows how you dont seem to to let it settle in before hastily stabbing out a reply [ has happened on a few other posts for you lately! ] I will only reply this once to this comment, and expect your stock phrase answers with the usual " attempts at putting down ..lol "

    "the plight of the British people" [ agree there is a problem at the present with "world wide inflation" its not just ours, and the links to what it embraces ]

    "rather than addressing the points she was making he made cheap points he should have admitted they’d made mistakes, and set out how they are intending to put them" [ you need to listen to his reply again, it was not a cheap reply and there was no need to mention previous mistakes, as that could go back over decades of both parties errors. He did explain and it true to the point what INFLATION DOES! he explained the causes and the roots of the feeders that drive it. In denial people will not attribute the strikes, wage increases, wars, disease as being part of the problem. He explained the driving forces of inflation and its consequences that they, .gov had done to alleviate them as much as was affordable. he did explain in quite good detail the measures the .gov is implementing to endeavour to right the ship! ............It was educational

    notes...... from other parts of reasoning, gives the wider picture Energy caps/ extra money for differing projects/ the hands tied by covid expenditure, (still the ,gov is clawing back the money fraudulently obtained by unscrupulus businesses/people, possibly over £1bn now??? ) the consequence of the war had already driven inflation up to roughly /close to where it is now, but other factors replacing some of the orignal ones.

    "We are in a mess and much if it is down to the tories, who after all have been in power for 13 years." [ amazing, truly amazing how you manage to make a comparison but stop short at what it follows ! 13 years of Labour government that not only left the country on the verge of bankruptcy,with massive debts ( that led to 9 years of belt tightening! ) had wasted the oil revenues and sold of all our gold reserves, gold reserves are a countries get out of jail card! When a person supports believes something without thought of an alternative,they find themselves always trying to defend it by believing it is the bees knees and anything different is always going to be a threat to their belief.... I am glad I am not like that.


    [ not very eloquent is a real summing up, her and the 2 stooges that sit either side framing her in the camera shot who tend to give out short loud bursts of laughter, to AR's attempted jokes.. have you noticed how she delivers them! and how her facial expressions are a true reflection of how she conducts herself! ( we all give things away by facial expression, we cant help it.... unless a poker player! ... ) The other thing to note is AR is always the first to try to start things off with an attempted sarcastic joke , KS is as well , and she must learn not to have a script as it often shows her in bad light as the response she replies to is not always the one she expects!

    Have listened again as I like stats, and there is a mixture of rights and wrongs, available info of Dowdens figures do seem to be relatively on the ball, as he is replying to AR, who is using similar figures but not always in the right place /order / ?
     
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  5. bcfcredandwhite

    bcfcredandwhite Well-Known Member

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    On Sky News last night, they compared the rate of inflation in the UK with that of the US and the EU.
    The US inflation has dropped down to around 3% and the EU is at around 6%.
    The UK however is stuck on 8.7%.

    Sadly I can't find the chart they used to show the comparison but it was on the main news last night.
     
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  6. Angelicnumber16

    Angelicnumber16 Well-Known Member

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    But the American economy will surely crash and burn soon, as they continue to recklessly print money like it's going out of fashion like we did during the quantative easing years ?

    America are something like $32 trillion in debt and it's growing at tens of millions of $ a week too, and they have to have special measures in place to allow for more borrowing in order to pay the salaries of Police and local officials.

    Its just unsustainable

    But on the plus side for those who can afford to go to the US for a holiday, the exchange rate is up to about $1.29 which is the highest it's been for many years
    Still rubbish compared to $2 for £1 in the early 2000's when I first started going. But that seems a lifetime ago with all that's happened over the intervening years.
     
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  7. bcfcredandwhite

    bcfcredandwhite Well-Known Member

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    That exchange rate is great for tourists, but disastrous for exporters. Swings and roundabouts (as always)
     
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  8. AshtonRed

    AshtonRed Well-Known Member

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    I like to check JGFs posts about PMQ’s he has a very Tory biased towards them and quotes his opinions as facts. I like to add some balance and objectivity.
     
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    Last edited: Jul 13, 2023
  9. AshtonRed

    AshtonRed Well-Known Member

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    #1209
  10. realred1952

    realred1952 Well-Known Member

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    I am not biased toward any political party .........quotes his opinions as facts.. WRONG AGAIN... I mentioned the question and the answer in the latest PMQ'S there is no OPINION THERE just observation of the events/ Q's I highligted..

    All the facts by both parties are checkable as right or wrong
     
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  11. AshtonRed

    AshtonRed Well-Known Member

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    So it’s just coincidence every week your summary always takes the Tory line, and criticises either Kier, or AS? , yeh right!!, For instance today you say about AS and her facial expressions and their meanings, that’s subjective. You say observations but you put context and meaning to your observations, again that’s how you read it it isn’t fact.
     
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  12. AshtonRed

    AshtonRed Well-Known Member

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    eloquent.
    [ not very eloquent is a real summing up, her and the 2 stooges that sit either side framing her in the camera shot who tend to give out short loud bursts of laughter, to AR's attempted jokes.. have you noticed how she delivers them! and how her facial expressions are a true reflection of how she conducts herself! ( we all give things away by facial expression, we cant help it.... unless a poker player! ... ) The other thing to note is AR is always the first to try to start things off with an attempted sarcastic joke , KS is as well , and she must learn not to have a script as it often shows her in bad light as the response she replies to is not always the one she expects!

    the above is apparently facts?, anybody reading that objectively would conclude it your opinion, it’s not fact. That’s just one example, your posts are littered with opinions
    Portrayed as facts .
     
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  13. AshtonRed

    AshtonRed Well-Known Member

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    "We are in a mess and much if it is down tothe tories, who after all have been in power for 13 years." [ amazing, truly amazing howyou manage to make a comparison but stop short at what it follows ! 13 years of Labour government that not only left the country onthe verge of bankruptcy,with massive debts ( that led to 9 years of belt tightening! ) had wasted the oil revenues and sold of all ourgold reserves, gold reserves are a countries get out of jail card! When a person supportsbelieves something without thought of an alternative,they find themselves always tryingto defend it by believing it is the bees knees and anything different is always going to be a threat to their belief.... I am glad I am not likethat.

    let’s look your comments above

    We could argue about the rights and wrongs of Labours last spell in office, ( I disagree with your summary), but even if what you say is correct the Tories have had 13 years to put it right, even before the pandemic and Ukraine we were in a mess. The NHS waiting lists were ridiculously high, people’s wages in real terms were at rock bottom. That’s why we are now the worst placed of similar economies and as was mentioned earlier US inflation is 3%, EU 6%, while we are still 8.7%, This has highlighted the fact wages have dropped so low in real terms as well, as individual households are also less resilient to accommodate such high levels of inflation, hence why we’ve so many workers striking in a bid to help them meet ever increasing prices.
    9 years of belt tightening as you put it was a political decision, there was an alternative , we could have invested in our infrastructure, bearing in mind interest rates were historically low world wide, as any business invests in machinery, buildings etc, this could have driven GROWTH, that’s what we’ve been missing GROWTH. I’m not suggesting going mad , but a balanced approach would have been better than a dogmatic idealist austerity approach.
    We were not in a good place when COVID and then Ukraine made things even worse, our difficult position now cannot be blamed on the last Labour government, Covid and Ukraine sorry much of it is the Torries, plus of course add them Boris affair and then Truss. Not forgetting Sunak was chancellor through much of this and came second in a contest of two to Truss <doh>
     
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  14. bcfcredandwhite

    bcfcredandwhite Well-Known Member

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  15. bcfcredandwhite

    bcfcredandwhite Well-Known Member

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    The Truss debacle was a clear example of the Tory membership ignoring our international intertwining economy.
    Cutting tax for the very richest was also a clearly stupid idea - so stupid even a child could have told her it was stupid - but she was so bullish and ‘strong’ she did it anyway.
    The world community - like a bank or building society - needs to be confident that a country has enough income (via taxes) in order to pay its way.
    Truss’s ‘mini budget’ destroyed international confidence and that started the ****storm we are now in.
     
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  16. realred1952

    realred1952 Well-Known Member

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    explain?
    give over your interpretation as a staunch Labourite defending your corner! I am not getting twisted into your web! until you learn the difference between facts/ observations / opinions / and most importantly recognising the portrayal as seen on the box .. without rose tinted glasses ...
     
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  17. realred1952

    realred1952 Well-Known Member

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    not going to bite but a couple things need highlighting ...
    how to put it simply? ............. well Labour lose and Tories win

    Labour gets rid of the stigma of £trns of debt .. no gold .. and the other negatives they handed over ...
    Tories recieve no money ... just a massive debt .. no gold , the safety net, and a few other negatives ...

    "one thing you have right is pre pandemic and war we have / had a mess " and to boot had just gone through Austerity, a necessary evil due to the need to put the house back in order. The British people loved the efforts of the .gov 's turning it around and putting us in the black, [ after 09 long years ] they thanked The Conservatives in the General Election giving them a net gain of 48 seats and winning 43.6% of the popular vote, which was the highest percentage for any party since the 1979 United Kingdom general election.

    WHAT A TERRIBLE PITY COVID and Putins war came along.................
     
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  18. realred1952

    realred1952 Well-Known Member

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    next point ...
    here you need know a bit about financing and relativity of interest rates and how the place "you borrow from works"

    Bank rate was low, granted it encouraged people to borrow which helps places you buy from .. but not always helping our economy .. more so Chinese or India ... so people in employment is the key factor to a small degree. .GOV's borrow over a long term and at a rate according to their credit rating, and with no gold and £trns in debt already not an easy thing to do, so Q is where does the money come from to pay for the materials and labour to enhance the infra structure!

    the answer would lie in the fact of what drives inflation and interest rates and paying it back. ECONOMY WAS STABLE in those 9 years interest rates were stable .gov didnt fall into trap of borrowing to try and get out of debt, which would have meant the tax's would have gone up, maybe VAT GONE UP, AND PERSONAL ALLOWANCES WOULD HAVE STAYED AS THEY WERE and people would have been worse off. Oh and the public might get a mortgage at 2.5% but the ,gov would be borrowing at possibly + 3% or more! especially if using bonds [ GILTS ]...

    In the latter years of the 9 there were quite a lot of projects started on infrastructure ..... which accelerated after the GE!
     
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  19. realred1952

    realred1952 Well-Known Member

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    Angelic answered this with an explanation, hopefully you dont think he is using it as an opinion it is factual numerally ... but reasoning behind it partly supposition. EU is lower because we buy our fruit and veg plus a lot of dairy products from there and their food inflation having it on the doorstep is less costly so prices are cheaper ... eg 4 peach's in a punnet here might be £2 over there you get a kilo of them" same with salad stuff toms are 25-30% more here than there [ when our growers get harvesting they price about the same]

    OH in USA they are pretty much self reliant on oil/ energy /cereals so food inflation is big chunk out of inflation......
     
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  20. realred1952

    realred1952 Well-Known Member

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    please re read this above comment and see where your reasoning falls down, ........... a clue is The 2010 General election resulted in a large swing to the Conservative Party similar to that seen in 1979, the last time a Conservative opposition had ousted a Labour government. The Labour Party lost the 66-seat majority it had previously enjoyed, but no party achieved the 326 seats needed for a majority.
     
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