Comments by "Wundurra" (@wundurra24) on "Government has 'gone to the casino' with Kwasi Kwarteng's 'reckless gamble' mini-budget" video.

  1. It should definitely be reduced. It's a regressive tax - poorer people spend disporportionately more of their income. Australia's equivalent of VAT is only 10%.
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  2. That was a lame joke by Liam Byrne, chief secretary to the Treasury. The economy was FAR better after 13 years of Labour than it is now after 12 years of Tories.
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  3. Really? What about suggesting the windfall tax and energy price cap the Tories eventually did U-turns on?
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  4.  @snowyowel7961  Labour dealt with the Great Recession in 2008, which was a more serious economic shock than the pandemic. The Tories have crippled the economy with austerity, Brexit, their poor handling of the economy and now their give aways to the energy sector and the very wealthy.
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  5.  @snowyowel7961  The pandemic didn't have the same economic impact as the financial crash of 2008. It had massive social and health impacts, but not the economic impact. How are Labour hypocrites? The Tories talk of being "on the side of taxpayers" but just cut the tax for the top 1% and lifted banker bonuses and refused a windfall tax on the energy giants. All while people struggle with shrinking wages, rising prices and increasing mortgage repayments. The Tories oppose the "nanny state" yet their 53 Yr old business secretary still has a nanny!
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  6. Sterling ending day at $1.084 not just a new 37 year low, it’s only ever been weaker on 11 days in history in late February and early March 1985, after Mrs Thatchers press Sec Bernard Ingham inadvertently briefed that she was relaxed about the fall in the value of the pound.
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  7.  @tubester6772  We just made trade with our nearest and largest trading partners much more difficult by choosing a hard Brexit.
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  8. How about austerity, Brexit, deregulation, privatisation, incompetence, corruption.
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  9. The ERG mob who have taken over the Tories wanted to short the £ and acquiring cheap sterling assetts, and its all linked to Brexit. We've seen lots of overseas acquisitions of cheap and distressed UK assets recently. So when you look at the budget today and think, how will this grow the economy? Well its actually really simple. Wipe 30% of its value, have a firesale and then any rebound growth will always look good! Trussonomics is basically seeing how high the dead cat can bounce.
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  10. Public expenditure is investment. Education is investment. Health care is investment. Military spending is investment. Transport infrastructure is investment. i could go on...
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  11.  @uingaeoc3905  Why is it idiots are also so rude? Sigh... how could any wealth be created by an uneducated, sick population, with no infrastructure to create "wealth". Just stop and think about it for five seconds. Then write your apology to me for being so rude and ignorant.
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  12. Do you get it yet? I'm still waiting on your apology. Get down on bended knee and grovel.
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  13. A Tory ex minister: “what worries me is never again will we be able to accuse Labour of being fiscally reckless or believing in the magic money tree. This better work, or we are in deep trouble”
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