| Labour’s £28bn U-Turn on 19:32 - Feb 12 with 626 views | SuperKieranMcKenna |
| Labour’s £28bn U-Turn on 17:55 - Feb 12 by DJR |
The former chief economist at the Bank of England thinks it's a mistake, and he should know a thing or two about the nation's finances.
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It’s a fair point. I’d add though that he’s much more bullish on inflation projections for this year than the BoE so once again it’s just an opinion really. I don’t agree with him on inflation, I think it’s going to tick up due to the Middle East impact on supply chains and probably commodity prices. Agree with him on the need for investment though. [Post edited 12 Feb 2024 19:35]
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| Labour’s £28bn U-Turn on 19:44 - Feb 12 with 606 views | DJR |
| Labour’s £28bn U-Turn on 19:32 - Feb 12 by SuperKieranMcKenna |
It’s a fair point. I’d add though that he’s much more bullish on inflation projections for this year than the BoE so once again it’s just an opinion really. I don’t agree with him on inflation, I think it’s going to tick up due to the Middle East impact on supply chains and probably commodity prices. Agree with him on the need for investment though. [Post edited 12 Feb 2024 19:35]
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Having heard the full interview, interesting to see the that he shares the view I've expressed on here that the fiscal rule should be a little more slack to encourage investment, because his view is that the current fiscal rule will end up with insufficient investment and thus continuing anaemic growth. [Post edited 12 Feb 2024 19:45]
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| Labour’s £28bn U-Turn on 19:50 - Feb 12 with 598 views | NthQldITFC |
Thanks, I had missed that article somehow. It looks increasingly inevitable that we're going to see unbelievably massive climate shifts, severe weather events and societal turmoil (to put it extremely mildly) within the lifetimes of many of us here today.
'“We are moving towards it. That is kind of scary,” van Westen said. “We need to take climate change much more seriously.”'
That kind of language, whilst accurate, just lacks so much impact on people who aren't yet taking this seriously - but then I suppose almost any mere words would. I wonder what kind of events and what kind of timescale and repeat frequency it will take before people in the UK, for example, start taking things as seriously as people in other places are starting to? 42C a couple of summers ago seems to have been largely forgotten about pretty quickly. Ostriches. |  |
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| Labour’s £28bn U-Turn on 20:06 - Feb 12 with 575 views | pointofblue |
| Labour’s £28bn U-Turn on 19:50 - Feb 12 by NthQldITFC |
Thanks, I had missed that article somehow. It looks increasingly inevitable that we're going to see unbelievably massive climate shifts, severe weather events and societal turmoil (to put it extremely mildly) within the lifetimes of many of us here today.
'“We are moving towards it. That is kind of scary,” van Westen said. “We need to take climate change much more seriously.”'
That kind of language, whilst accurate, just lacks so much impact on people who aren't yet taking this seriously - but then I suppose almost any mere words would. I wonder what kind of events and what kind of timescale and repeat frequency it will take before people in the UK, for example, start taking things as seriously as people in other places are starting to? 42C a couple of summers ago seems to have been largely forgotten about pretty quickly. Ostriches. |
This could do it, if the wider media can put it on the front pages instead of burying it.
https://www.msn.com/en-gb/news/world/uk-faces-day-after-tomorrow-style-apocalyps | |
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| Labour’s £28bn U-Turn on 20:27 - Feb 12 with 556 views | TractorWood |
| Labour’s £28bn U-Turn on 22:52 - Feb 7 by mutters |
It does feel that labour are sometimes doing their best to lose a one horse race |
Spursy. |  |
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| Labour’s £28bn U-Turn on 21:09 - Feb 12 with 521 views | BanksterDebtSlave |
| Labour’s £28bn U-Turn on 17:55 - Feb 12 by DJR |
The former chief economist at the Bank of England thinks it's a mistake, and he should know a thing or two about the nation's finances.
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Thank goodness he isn't in charge of the household budget! |  |
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