Comments by "Greg Greg" (@SlowhandGreg) on "KernowDamo" channel.

  1. The 30 Bob nob
    6
  2. I find the Uxbridge result worrying because ULEZ should have made no difference where talking only 10% of vehicle's actually not meeting the standard. What this probably means is the Conservatives will go FULL anti-net zero even with the heatwave in Europe Tactically Labour needs to stand its ground on renewables and give the media both barrels because the renewable strategy will reduce energy bills by reducing dependency on gas and increasing energy supply. + There's just under 100 billion in fossil subsidies peppered around the Conservative budgets
    4
  3. It doesn't matter about issuing licences if you pull the tax breaks and subsidies from exploration nearly all the fields wont get touched. When you dig around various budgets there's 10's of billions in subsidies rebates in tax system for the fossil companies Talking of wind power being cheap and getting cheaper ive been following Dogger bank capital cost is 9 billion energy source is FREE Hinkley C capital cost is 33 bilion 2 years delayed 30 billion in government subsidies planned in over 35 years and price tied to inflation already projected electricity cost x4 times dogger bank They both claim they will power 6 million homes Life is really frustrating at the momment
    4
  4. Sunak has put in motion policies that are killing the economy and the BOE will keep raising rates at the rate of pain Sunak is inflicting on the middle class and headlines like yesterday with british gas making record profits he won't be able to buy a vote come the election. Just turning off Trickle down and instigating proper windfall taxes to push down the cost of energy as well as removing the onshore wind ban will have quite a positive effect we've a wind farm near us the infrastructure is there and they could easily add more turbines if planning reform got through.
    4
  5. Theres an interview with Emma Pinchbeck is the Chief Executive of Energy UK, a position that she has held since July 2020. She is an expert in whole-economy decarbonisation and the energy transition Its on a podcast called 'The News Agents' episode from the 24th starting at 18 minutes in ish talking about the economics of a green industrial strategy the whole piece starts at 16 minutes in ish having a pop at the 2 parties. Found it really interesting as she was looking at it as an enormous economic opportunity
    4
  6. I'd suggest making him a Lord, Labour will create a 100+ Lord Damo of ???? 😂
    3
  7. You need to talk about the cost of living NHS energy prices. That's why Labour won and that's why they will win in England. People want the Tory pain train to go away. Scotish labour are also pitching themselves as more left than there English counterparts which they woild have to do if there going to become the main party in Holyrood.
    3
  8. You'll get centre left economics instead of reich wing how much difference do you want?
    3
  9. Climb down / delay is understandable given the current cost of living crisis The things that came out of the London expansion was an underfunded scrappage scheme and public transport Quote Some 62 per cent of outer London residents said they would travel more often by public transport if it was more reliable Apparently theres double the number of car journeys in outter to inner London The Cities especially need to roll back transport privatisation Quote The first buses in Greater Manchester's new locally-controlled system have been handed over. In September, the region will become the first area outside London to have a regulated bus system since privatisation in 1986. Andy Burnham, mayor of Greater Manchester, officially received the first five buses for the new Bee Network
    3
  10. 2027* 113.01% 2026* 112.69% 2025* 112.79% 2024* 109.71% This is projected Debt to GDP under the current budgetary constraints so there can't be any Tax cuts I have slogan for Labour based on Cameron's renewable statement Get rid of the Trickle Down Cr*p
    3
  11. Mother and Mother in Law stopped voting labour because of him as did her elderly neighbour
    3
  12. When you start looking at the TCA a lot of it isn't implemented at our end anyway and theres a lot of fuzzy stuff in it Where not going to get better terms but the Tory diversification for diversifications sake creates huge business uncertainty and mountains of red tape and paperwork. We also dont have deals on performing artists and businesses taking in equipment to the EU or Services and recognition of qualifications is really woolly The Tories have burnt the boats on large manufacturers as a gateway to Europe the only way to increase trade is by boosting SME'S easing the trading burden won't restore what we had it may stop the bleeding and create a less hostile environment for the future. In all of this is the energy transition we will be locked out of eu and us markets if we dont go net zero on schedule
    3
  13. Uxbridge was a sign of things to come the Tories will go fully anti net zero
    3
  14. You got an economy that had an average wage rise of +25% with Blair plus funded services and a program to renew the crumbly buildings (which was ditched with Austerity) with Blair That was then this is now an economic soft centerism program won't cure a completely knackered economy
    3
  15. 7 bins but hey what Car does Rishi Sunak drive A Ford Fiasco Boom Boom
    3
  16. If you follow neoliberal policies the economy will keep spiralling down, Thatcherism and Austerity have led us to this point. Why pursue power so ruthlessly to completely fail making the same economic mistakes that have lead us down this path with a never ending string of trickle down tax and policy decisions?
    3
  17. So I listened to this and I've seen this popping up all day and decided to have a think 1st off I don't need child benefit at all pretty much the only thing I have in common with Rees Mogg been lucky in life and my career now retired So what would I do with 1.5 billion rather than use a high portion on people that have > 2 kids but don't need the money or have > 2 kids and are on the poverty line. There's also the politics of it I live in Tory town some of the well off people can be pretty callus and mean quick to jump on stereotypes with not a thought on how fortunate in life they are. Wouldn't it be better to focus on child poverty with a number of measures that not only looking at homes with > than 3 children but also needed help in other ways such as expanding free school meals and trying to just enable people on the bottom rung a better quality of life? Poverty initiatives would be an easier sell as well Just saying Its alright saying your not going to expand it but it was extremely callus to not have an alternative policy even a really vague one that then takes the discussion onto dealing with child poverty in general.
    3
  18. its a hit piece in a Murdoch paper normally FT don't stoop to this but needs must it seems, there will be a never ending stream of these leading up to the election
    3
  19. You can paint Sunak as on the take but i think he really is a true believer in small state Trickle Down Supply side economics. He still has the IEA swilling round As a follower of the Chicago school as develoved by Friedman he genuinely believes in Trickle down and that the wealth CREATORS are at the top The grossest example of this in the last budget was the millionaires pensioners tax cut which is being paid for with higher taxes at the bottom and middle unlike Truss hes not stupid or sniffing the old powder and at least balances the books. The whole problem though is after 13 years of this 3 severe economic shocks 1 self inflicted the well at the bottom is pretty dry and his last budget has started to really squeeze the middle class and pensioners as well by not raising thresholds. The remedy to this is a wealth tax, tax realignment and shutting down the myriad of tax loopholes problems with the wealth tax is the media it would be wall to wall non experts telling you how it would be so destructive to the economy capital flight etc. If you want in detail analysis try GarysEconomics channel
    3
  20. Quote from 2021 A wise tax plan silently vanished last week. The chancellor was due to narrow a notorious tax loophole for the wealthy by raising capital gains tax. Now, in a quiet reverse ferret, he won’t. Now he's PM he's still not doing it and keeping CGT low Quote Rishi Sunak saved £300,000 in tax thanks to cut he voted for in 2016 PM’s tax bill would have been higher had Tories not cut top capital gains rate Rishi Sunak has saved more than £300,000 in tax thanks to a cut he voted for in 2016, according to an analysis of his tax records. The prime minister has paid just over £1m in tax over the past three years, most of which was accrued on the gains he has made on his US-based investment portfolio. But that figure would have been £308,167 higher had the top rate of capital gains tax (CGT) not been cut by the Conservative government in 2016. The figures highlight the disparities between Britain’s income tax rates and its relatively low rates of CGT. The prime minister’s overall tax rate for the last three years was 22%, roughly equivalent to what a nurse would pay in income tax.
    3
  21. ​ @KizzyKismet1 most of these far flung fields are uneconomical without 10s of billions in subsidies and tax breaks the golden age is over you'll nott see much in tax if anything from them
    2
  22.  @KizzyKismet1  your economy will implode same way the GB one is doing now because of Brexit if you go independent but way worse. there's not loads of money in oil your better off pitching export and storage of wind energy.
    2
  23. You wouldn't repeal it it takes too much time you'd just amend it its quicker Crime and Policing Bill is 300 pages a lot of the bad stuff was amended by the HOL but taken out by the government on second reading you could revisit their amendments whatever happens it eats up Parliamentary time which is desperately needed for other priorities
    2
  24. wonder how much you have to donate to get at least your Ideas read? My big idea is for the government to sponsor factory built modular houses which can be designed and pre built offsite given the shortages of bricklayers plumbers electricians etc. You need foundations and services then your house arrives on the back of a lorry and is constructed in under a week. Sponsor = guarantee buying a certain quantity, help with certification to standards etc there are already firms out there that do Kit homes and I'm aware people like brick but the idea is aimed at 1st time buyers the council sell them land cheap on the provision they build a starter home on it within 2/3 years and have a contract with a building company to guarantee foundations services round where I live the land is 1/2 the cost of the house
    2
  25. Why would you have an independent labour candidate split the vote and allow the Tories 5 more years of wanton destruction?
    2
  26. Everyone knows the Press an the Tories will hound Labour for any move on Asylum I thought it was a smart move to focus on the Smugglers rather than what the Tories have done the Smuggled and also stand up and say they will clear the backlog (There being 6-8 billion reasons for doing that). I'd expect a full on attack on Conservative failure and a focus on how much money their policy is costing Funnily enough the Mail and Express where more concerned about reaching some sort of agreement with the EU and reentering European security groups
    2
  27.  @indricotherium4802  loads of the Tories round my way are what you call Blue Greens there Centre / Centre right but care about the environment and their children's future while still having a range rover as their 2nd car
    2
  28.  @indricotherium4802  if your well paid middle class there's no thought about being eco conscious with your car choice it doesn't stop you being keen on recycling or wanting more trees and natural spaces. There's a lot of well off people who with a nudge would install solar and switch to an EV there not socialist they float round the centre voted Tory on the back of Cameron wouldn't touch Corbyn with a barge poll but pull the Green lever in council elections
    2
  29. The point of Starmer? Abandonment of trickle down supply side economics and free market fundamentalism embedded into every part of government policy The mission statements and approach are lifted from this book Mission Economy: A Moonshot Guide to Changing Capitalism By Mariana Mazzucato Over ULEZ and 2 child they have some real comms problems Sunak and Hunt have set in motion with the last budget and general policy an inevitability that the economy will get worse for the vast majority of people. Does Starmer fill me with hope No Does Sunak fill me with dread yes
    2
  30. ​ @allandavies1642 I'm retired left when Labour appointed Corbyn and have now rejoined. I'm not over the moon with the current lot but given where Labour was a few years back I'll wait and see.
    2
  31. Your too cynical by half but I keep coming back for a listen :) 16/17 year olds was a Brown Policy I believe there's a push to ID cards one of the reasons there's been a migrant influx and not from boats but other means is our lack of closing down the black economy and ID checks as the EU has ramped up their internal security. Ports have had few to none lorry checks since Brexit happened The Economist was running a big piece on the tories lack of action on the black economy last month.
    2
  32. ​ @timwoodger7896 we'll see the reason Sunak can't turn it round as Thatcherite policies + Austerity are the root cause and he's doubling down on both He's pissing 10's of billions away on tax breaks for trickle down policies
    2
  33. You need to move to the centre to gain power, the reason that Labour are ahead in the polls is they are now Centre / Centre Left while the Tories are in right wing lalal land Personally want a more centre left agenda but the media is controlled by the right wing even with a 20 point lead it will be a hard slog to the line I've never understood your antipathy towards Starmer he will deliver you Power, with Power comes influence
    2
  34. @keithparker1346  Unlike the US were not going to be able to fund the level of infrastructure build required with UK borrowing you'd need a ratio of private investment The $ is the currency of last resort the £ has weakened continuously since Brexit loosing near 25% of its value also with high interest rates and the raging high levels of deb the Tories will leave us with we have an extremely weak gilt market. Planning reform ASAP so you can build and add to existing infrastructure, we have a windfall about 5 miles from me the NIMBY locals are doing everything they can to block expansion even though its miles away from the edge of town
    2
  35. Its not a gaff i do yougov polls unfortunately Just stop Oil etc. Are very unpopular. The media are on net zeros case even though the economics are with it. In terms of money the economy is getting worse the rates should peak next spring / summer at.6.5% the debt to gdp ratio has gone over 100%
    2
  36. Portacabins are warmer because of underinvestment, the school I work at (I'm retired and do invigilating on a part time basis). The main school buildings all need insulating properly and have all the windows upgraded, if you upgrade the insulation to say A+ the heating bill will be near zero because bodies generate heat I'd also add the rooms are over hot in the Summer. To put in context the 150 million the cost of the Millionaire pensioner tax break in the last Budget is estimated at 2 billion, tax break for fossil exploration 6 billion tax cut to Banking levy 8 Billion etc.
    2
  37. without power you can do nothing
    2
  38. the FT did a piece of on how far to the Right economically the current Tories are and they scored a 9 Republicans 8.5 Labour 4.75 Democrats 4.6 Interesting piece far more objective that the drivel you've just written if you don't have an FT account you can find a comment on it at tax research written by Richard Murphy quote From the FT this morning. The Tories are now the most right-wing ruling party in the developed world and are completely out of step even with their own voters
    2
  39.  @Grim_enigma  sorry for the tone thanks for engaging
    2
  40. You need to talk about the cost of living NHS energy prices. That's why Labour won and that's why they will win in England
    2
  41.  @annenunney9907  if you look at the polls top 2 issues are cost of living & NHS by a huge margin.
    2
  42. Fiscal drag has put up tax for the low medium paid by £500 a 1p tax cut for someone on 24,000 would be £125 for someone on 50,000 they get £350
    2
  43. Greens in my area are disaffected centre right Tories with an eco conscience
    2
  44. Immigration / Emigration these days is an extremly complex matter In the larest numbers are around 130,000 students that each yearly intake adds 1.75 billion to the economy and there's now around 1/2 million in the system there also given a 2 year grace period t.o work here after graduating its one of the few sectors thats growing and Brexit hasnt screwed up. Ive been arguing against the current points based system for some time and what makes it worse is the -20% on uk wo4kers + we now hear a £10,000 golden handshake For context we have the lowest rating for automation in the developed world produtivity is really low and since 2016 investment has slowed dramatically Also we have a low birthrate of 1.6 and falling and would have population decline without around +400,000 imigrants Stacked onto that there was 500,000 people emigrated last year so our inward migration was actually 1.2 million We have a housing shortage of around 5 million over the next 10 years a skills shortage of around 10% in health and education at the moment the whole thing is an ever evolving skip fire. Any thought of a economic recovery would require under Tory Supply Side Trickle Down Policy needs millions more in foreign cheap labour at multiple levels. This car crash is 13 years in the making and isnt just as a result of Brexit all that does is amplify the issues
    2
  45. The fields wont get developed without the tax subsidies totaling into the 10s of billions Up until the war oil prices where really low any ramp up of production will see these additional fields marginal cost become uneconomical
    2
  46. If you want to halve inflation you attack the source of it Interest rates affect domestic spending which isn't the core drivers in this case which is supply side on inelastic commodities (Energy & Food) Over the next couple of years its estimated that the UK energy sector will make 170 billion in EXCESS profits that's NORMAL Profits + EXCESS Profits if you wanted to cut inflation you'd tax the EXCESS profits @ around 80/90% give it to consumers with lower prices across the board. The Energy crisis started before the Ukraine war and back at the end of 2021 the government could have removed the block on onshore wind restored grants for improving insulation overhauled building regulation so all new builds and extensions met A++ energy standards as well as overhauling planning for off-shore wind. For the naysayers out there that say Oh well its the markets even the Conservative government pick economic winners and losers all the time through the Tax system hence the 6 billion subsidy to the fossil industry and applying windfall taxes to renewable energy providers. Quote Chancellor Jeremy Hunt announced that renewable electricity generators will face a 45% windfall tax from January 2023 until March 2028. By comparison, the windfall tax for the oil and gas sector will be set at a lower rate of 25% to 35%. You couldn't make this sh*t up you'd get laughed at Corey (@soper_mr) asked: "Octopus is putting our prices up, but claim to be 100% renewable. Did the price of wind go up lads?" In response, the supplier said it was a fair question that they get asked a lot. The founder of the firm, Greg Jackson, recorded a video to explain the situation. In the two-minute clip, Jackson says: "In the current outdated system, the most expensive type of energy (usually gas) sets the price for ALL types of energy, including renewables. It's bonkers."
    2
  47. ​ @chrisgriffin698 Blair's economy provided +20% wage growth and well funded services, I used to moan all the time about him look at the state of the country now under the Tories
    2
  48. its a hit piece in a Murdoch paper normally FT don't stoop to this but needs must it seems
    2
  49. There a bunch of moaning NIMBY's in my area wanted to cancel a cycle lane build because some trees would get the chop There always objecting about house building or any building for that matter
    2
  50. I drop by now and then I'm retired but have seen this before with militant it's just politics enjoy the stream Having what is effectively a party within a party doesn't work and I'd add Corbyn was a really bad politician all he had to do was keep his head down and tow the party line but as usual he's not up to being a team player and had to have his say. If you really want a more left wing party the only real choice is to lobby from within for PR and also get people out to vote younger voters are notoriously bad at turning out if they had very high participation rates you'd see policies like free tuition debt write off
    2