Comments by "Greg Greg" (@SlowhandGreg) on ""Election Was Lost Moment Liz Truss Crashed Economy" | Tories Set For Annihilation" video.

  1. The majority of Conservatives are on the Centre Right and are aghast at the continuous march to the right, the disintegration of the Blue wall is down to a Brex1t they never voted for nor wanted and the fall out from a hard brexit, economic incompetence plus RAAC and sewage in the river
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  2. Instigated a package of around 50 billion in unfunded tax cuts which would have increased our borrowing last year from 130 billion to 180 billion this spooked the markets all major worldwide credit rating agencies downgraded the UK gilt market increasing borrowing at a stroke. There was an associated problem with LVI's anyway the BOE had to step in and print money as we were at one point within hours of a total collapse of UK pension funds
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  3.  @andrewclark8630  Tax cuts of the ones proposed by Truss don't stimulate the economy we have 50 years of data disproving this lie and the markets have access to the same economic data I have. We don't need whataboutism's with Cov spending focus on where we are. A year on Year tax deficit of 50 billion on top of 72 billion in energy energy support is not sustainable. Especially when we have a 5.5% depression of economic activity with brex1t = to a loss of 50 billion in tax revenue per annum
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  4.  @andrewclark8630  The analysis was pointing to an economic multiplier of 0.2 which means for every £1 in tax cuts it generated additional GDP of 20p for a net loss of 80p in the £1 to the exchequer.
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  5. quote Kwasi Kwarteng made the right decision in swiftly cutting taxes, Nigel Farage said, dealing a blow to global economic institutions which have warned against the economic policy. Vote for the economically illiterate party are you all there?
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  6.  @BrianV-ie4mw  were into propaganda territory the aim is to scare the prolls into voting for a Right or far right party with the aim I presume of trying to push us all to Authoritarianism
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  7. Reform are pedalling the same Libertarian nonsense how quick the goldfish forget
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