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

  1. It won't happen as you think. Currently US oil is at around $70 a barrel the break even point is $65 it's pointless extracting more they will sit on the leases + Every year renewable energy gets cheaper in comparison as capital costs fall while Oil and gas are subject to rising costs + inflation
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  2. The lead is baked in, Starmer isn't regarded as a threat to middle England who will vote tactically to destroy the Tories because of their chronic ineptitude
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  3. Why are labour finished they've just started repairing the Tories mess
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  4.  @billybobthornton9668  reduced waiting lists = increased productivity + companies paying out less in long term sick pay which = higher gdp & more tax
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  5. 1 in 5 apparently
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  6. ​ @ozzy8286 we have an ex dpp in charge. This lot will learn the hard way
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  7. net zero will reduce energy bills, the reason there high now is were tied to gas
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  8. the economy would collapse faster than its currently doing
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  9. ​ @JamesSmith-gj2ho you could automate fruit picking , plant the trees in the right way invest in the machinery
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  10. we've had a Right wing - then Centre Then Right wing government for 50 years and you wanted to reverse 50 years of policies in 5 do you not know how silly that sounds and why you lost by a lot in 2019?
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  11. Do you have any idea on how bad her economic views are? Lower corporation tax to boost growth? This is a complete fairy tale corporate profits are up 12.5% and are fueling inflation lowering corporation tax is like throwing gasoline on a fire. Disaster capitalist privatise the profits socialise the loss
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  12. Thatcher stripped around 1.2 trillion in assets from the country a lot now owned by offshore interests If you have an asset such as a house, water company, energy your expecting a return, so the value to the country of ownership is a loss of around 60 billion per year
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  13. Reform pedal supply side economics same as the Tories which needs a supply side labour pool to function Fantasy economics meets Fantasy immigration policy
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  14. There was a government paper in 2023, if you don't do it it will cost more than waiting because we need to upgrade the grid infrastructure anyway and by sticking with gas your ballooning your operating costs. At the end of the day renewable energy is the cheapest on the grid + it's input energy cost is zero Gas is subject to extraction, processing & transport costs times inflation
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  15. Starmer will be the next PM the question is by how much or with supply agreements. Reasons the economy is tanking and will continue to get worse were a long way off the bottom
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  16. ​ @Noel-ji8nm there's no such thing as a red Tory Osborne changed economic course completely in 2010 leading to the shthole economy we have now
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  17. It was politically dumb to put a number on it The number becomes the issue everyone talks about not the policy
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  18. By importing 1.25 million workers we only got a technical recession rather than a full blown depression
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  19. It's the UKIP ification of the Tory Party Backing a channel that is opinion at best propaganda at worst that pushes conspiracy theories and tries to bully and degrade anyone that doesn't agree with it
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  20. I thought we were moving on from a law breaking liar to someone honest She lied through her teeth to frighten pensioners about Turkey joining the EU from the Guardian Readers should recall that the Tory leadership candidate Penny Mordaunt is best known for persistently purveying falsehoods during the 2016 EU referendum campaign. During a TV interview with Andrew Marr, playing on fears of mass immigration, she claimed that Britain would not be able to stop Turkey joining the EU. As a former EU ambassador to Turkey, I can confirm that Turkey was not and is not in line for EU membership. Its membership of the EU customs union does not grant it free movement of people. Britain always had a veto over any aspiring member, and if Mordaunt had previously had any credibility, her infamous dishonesty about Turkey destroyed it. I thought part of the reason for ditching Boris Johnson was his habit of lying.
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  21. We always had the tools to control migration Cameron especially failed to do it. A cullis example was GiG work, totally unregulated with over a million workers pouring in from the EU
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  22. You'd rather have the Tories?
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  23. The economy has got progressively worse since the last election, Truss's mini budget salted the earth with the Gilt markets, Sunak is already overborrowing so there is only 1 option Labour.
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  24. Reform are a protest party with zero structure platformed by billionaire media interests quote The Liberal Democrats have just over 3100 councillors across the UK, currently leading 69 councils across England and Wales.
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  25. fiscal drag with 20% rates frozen till 2028 currently its 12250 it should be 15000
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  26.  @johnrussell3961  The bulk of the inflation is Corporate inflation this has nothing to do with workers salaries its completely different to the Thatcher era inflation which was a revolving door of demand side followed by wages. This is Supply side if Truss cuts corporation tax then the BOE will need to raise rates to 8/9% to even make a dent and that will plunge the country into a recession like its never seen before way worse than 2008 and the banking crisis.
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  27. Like many he doesn't understand the full impact of economic policy on immigration Couple examples Train less doctors we need to import Doctors to import less would take 7 years. Deregulated GIG work during the Cameron Years fuelled low pay zero hour contract migrant workers - Answer regulate the GIG economy ban Zero Hour. I pre one post Brexit Immigration issue  @MoireFly 
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  28. There improving all the time some makers such as Tesla & Nissan have many years in the field there expecting to get 3-400,000 out of the new Tesla's not seen how nissan are doing but I'd expect to see 3rd party replacements as the market mature
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  29. ​ @williammore558 they have 5 missions central to any is planning reform The mission philosophy is based on Mariana Mazzucato and her book Mission Economy Your Mission is based on goals not cost as in the moon Mission which ended up paying back economically x7
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  30. One of multiple quotes pointing out why the economy is shrinking and you can't grow it Hint it doesn't involve tax cuts for the rich Post–Brexit labour shortages risk 'permanent' damage to UK Economy Labour shortages caused by Brexit and accentuated by the COVID pandemic have badly affected businesses across the board From the FT Brexit intensifies labour shortages as companies struggle to hire. Report finds big drop in EU workers with no evidence of rising wages Labour shortages: the ‘most urgent problem’ facing the UK economy right now Britain is currently in the grip of an ‘employment crisis Anyone going on a UK break this month would do well to book pubs and restaurants well in advance, said The Sunday Times – and even if they get a table, they shouldn’t expect a full menu. It is more than a year since the last lockdown, but the hospitality industry is still facing acute labour shortages – and it’s not the only one. So unfettered banking bonuses will cure the labour shortage and increase wages at the bottom? Your answer on your last piece of firewood as you freeze to death this winter.
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  31. If you remove FOM and run supply side trickle down economics aka Thatcherism then you need migrant Labour and if its not coming from the EU then your giving permanent visa's to Indian and Nigerian workers who quite rightly won't come unless they fetch their families. Over half the immigration total is dependants If you want less immigration change the economic model institute an equitable progressive tax system and properly fund Social and Physical infrastructure to create a demand side economy
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  32. It points to high levels of tactical voting
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  33. ​ @Dynasty1818 average wages are -7% lower than in 2010 The only reason Real gdp is below zero by a small fraction is the staggering amount of immigration over the last few years GDP per Capita is falling like a stone
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  34. The proposed legislation is under discussion to ensure it doesn't have unintended consequences I'm retired and do zero hour invigilator work at my local school which isn't fixed or permanent, zero hour should have been properly regulated by Blair he got talked out of it by Mandelson. We then saw the issues in the Cameron era of lack of regulation with the gig economy and huge numbers coming from Eastern Europe on zero hour low wage undermining established businesses and offshoring profits.
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  35.  @johnrussell3961  the Tories have put 1.8 trillion of debt into the economy. If you look at the corporate tax cut by Osborne it was spent on share buy backs ceo pay and dividends
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  36. As someone reasonably comfortably off the Conservatives have never served anyone other than the ultra well off's interests since Cameron took power there just not bothering to hide it anymore. If your centre right leaning they've offered nothing for the past 12 years
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  37. If you remove the right to strike what else do you have left we know the minimum service level legislation will be abused to punch down even harder on workers and this is the government that turned a blind eye to Fire / Rehire (P&O) and is allowing companies to import workers at -20% of current staff wages + allowed the explosion of low paid zero hour unregulated gig work that undermined established UK businesses while offshoring all their profits
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  38. They may have been in the past but the Boris/Cummings purge pre election got rid of nearly all the moderates. What's taken thier place are the lunatic fringe of the far right. Thier populist banter may go down well with a certain crowd but dig under the surface and just the sheer rank aragance and incompetence is staggering.
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  39. except planning reform, rail nationalisation, GBEnergy and lower bills, business confidence to invest now the Tory chaos has gone (FT 250 up 1%)
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  40.  @infosuge  it's +66% since 2010 with negative wage growth of -7% on average wages
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  41. He's got a large property portfolio
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  42. He's socially centre and fiscally Centre Left as far as I can make out
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  43. Every point of lost GDP = 8 billion in lost revenue to the Treasury Brexit is an economic car crash there was zero plan back i 2016 and there's zero plan now As for democracy there busy giving away sovereignty to the CPTPP by agreeing to ISDS and reducing standards by the back door YES IT IS ALL YOUR FAULT CLINGING TO THE ROTTEN CARCASS OF THE BIGGEST BAG OF LIES EVER FOISTED ON THE UK PUBLIC
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  44. First off if it's a business then it looses thousands of volunteers the salaries would need to rise by 30% and everyone would pay 50-100% more in insurance premium A private system helps the wealthy not your average Joe public
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  45. Been following the focus groups on Times Radio, they've gone from a soft labour lead to baked in we need change
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  46. Its already 5.2% smaller than its projected it should have been from 2017 onward and we've devalued the pound by 25% The loss alone is 140 billion in trade and 40 billion in taxes to the exchequer and thats just for last year which includes about 1.5 - 2% of that Brexit depression
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  47. he didn't say he was buds with Rhishi
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  48. He isn't Conservative and brings along the failure of his brex1t baggage + A majority of Conservative activists who do all the work dislike him to the point they would quit
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  49. The cause of our economic problems are his and his parties policies, yet again we're back to Austerity and moneteris you would think after 14 years of it failing that they would twig and change course? Fundemantly he's a cr@p Tory who's economically clueless
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  50.  @johnrussell3961  Both Starmer and Reeve are left of Blair Brown the thing is Starmer is the ultimate pragmatist he will push but not force unlike some he isn't going round telling people they are wrong
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