Print

Please login or register.
1 Hour 1 Day 1 Week 1 Month Forever
Login with username, password and session length

[Doctor Gollum]

Is it better that those in a position to create jobs, generate opportunities and grow the economy be able to do so, or would you prefer that the economy become stagnent and be divided equally amongst the 70ish million people that live here? How long would that be sustainable for? A year? 5? 10?

[Field Marshal Dr. Opti]

I'm not sure this mini budget will play well with the red wall. Extra money for the rich and more money for bankers probably won't go down too well in the cities of the northern tundra.

Will trickle down work? I very much doubt it.

Lets give old Trussy a chance and see what else she can come up with.

[Rangie]

To be honest I don't think any budget has really affected me one way or the other over the years, I've always been able to earn more cash if required in the jobs I've had , so will just carry on as normal, SWMBO & myself both have decent occupational pensions thankfully + the state pension so will just soldier on. If more jobs are created then that's great only time will tell.

[Sir Tigger KC]

I'm not sure this mini budget will play well with the red wall. Extra money for the rich and more money for bankers probably won't go down too well in the cities of the northern tundra.

Will trickle down work? I very much doubt it.

Lets give old Trussy a chance and see what else she can come up with.

Trickle down does work though.... to a point.

All of the wealthy people I know spend their money. They drive expensive cars which sustains the dealerships and provides jobs. They have all had alterations and extensions to their homes which sustains the trades, usually sole traders and small businesses. They go off on expensive holidays etc etc etc

The reason that the left are so sniffy about Trickle Down is that the money usually doesn't trickle all the way down to the bottom to those who want something for nothing. 

Truss and Kwarteng have already won or lost the next election, and as much as I despise the man, Tony Blair was right about winning over 'Mondeo Man' to win elections. These tax cuts will put quite a lot of extra cash into average peoples pockets and cancelling Sunak's stupid rise in Corporation Tax will give businesses large and small a boost going into a difficult time. 

If we avoid going into recession or even if the recession is shorter and shallower than our contemporaries Truss will probably win the 2024 election. 

[Doctor Gollum]

We can hope

[Field Marshal Dr. Opti]

I'm not sure this mini budget will play well with the red wall. Extra money for the rich and more money for bankers probably won't go down too well in the cities of the northern tundra.

Will trickle down work? I very much doubt it.

Lets give old Trussy a chance and see what else she can come up with.

Trickle down does work though.... to a point.

All of the wealthy people I know spend their money. They drive expensive cars which sustains the dealerships and provides jobs. They have all had alterations and extensions to their homes which sustains the trades, usually sole traders and small businesses. They go off on expensive holidays etc etc etc

The reason that the left are so sniffy about Trickle Down is that the money usually doesn't trickle all the way down to the bottom to those who want something for nothing. 

Truss and Kwarteng have already won or lost the next election, and as much as I despise the man, Tony Blair was right about winning over 'Mondeo Man' to win elections. These tax cuts will put quite a lot of extra cash into average peoples pockets and cancelling Sunak's stupid rise in Corporation Tax will give businesses large and small a boost going into a difficult time. 

If we avoid going into recession or even if the recession is shorter and shallower than our contemporaries Truss will probably win the 2024 election. 

I don't know any wealthy people. Just people who shop in Poundland and go to food banks.

[Lizzie Zoom]

I'm not sure this mini budget will play well with the red wall. Extra money for the rich and more money for bankers probably won't go down too well in the cities of the northern tundra.

Will trickle down work? I very much doubt it.

Lets give old Trussy a chance and see what else she can come up with.

Trickle down does work though.... to a point.

All of the wealthy people I know spend their money. They drive expensive cars which sustains the dealerships and provides jobs. They have all had alterations and extensions to their homes which sustains the trades, usually sole traders and small businesses. They go off on expensive holidays etc etc etc

The reason that the left are so sniffy about Trickle Down is that the money usually doesn't trickle all the way down to the bottom to those who want something for nothing. 

Truss and Kwarteng have already won or lost the next election, and as much as I despise the man, Tony Blair was right about winning over 'Mondeo Man' to win elections. These tax cuts will put quite a lot of extra cash into average peoples pockets and cancelling Sunak's stupid rise in Corporation Tax will give businesses large and small a boost going into a difficult time. 

If we avoid going into recession or even if the recession is shorter and shallower than our contemporaries Truss will probably win the 2024 election. 

I don't know any wealthy people. Just people who shop in Poundland and go to food banks.

I once knew a sister of my father in law who was loaded.  Owned her house in London and wanted for nothing.  But she was known by her brother and others as being very tight, and a money grabber.  She used to go around all the local cheap shops looking for end of day clearances, and anything going for a fraction of their original price.

She would have loved the food banks!

How many other wealthy people are like that.  J.Paul Getty was renowned for it, remember him?

[Sir Tigger KC]

What Truss should abolish forthwith is the politics of envy.  It should be killed off and buried deep so it can never resurface, as it is like a cancer in this country of the like that you don't see in countries like America or Australia. 

I'd rather wealthy people keep more of their cash and be encouraged to pump it back into the economy, than have it confiscated by the government to be pissed away on useless things like the proliferation of diversity and inclusion jobs in the public sector or housing illegal immigrants in nice hotels! 

[Migv6 le Frog Fan]

How to abolish it though. Its a National disease thats been around longer than Polio.

[Doctor Gollum]

How to abolish it though. Its a National disease thats been around longer than Polio.

Unfortunately I don't think that particular genie will get back in its lamp.

[Doctor Gollum]

The other consideration is that private pensions tend to do well when the big boys do well, which works for me