| Rachel reeves driving up prices with tax and spend budget warns Bank of England 09:01 - Nov 8 with 8136 views | Zapers |
The Bank of England last night warned Britain is facing a fresh spike in inflation as rachel reeves tax and spend budget piles extra pressure onto households and businesses.
Lenders have been raising mortgage costs in recent days despite the Bank's highly anticipated interest rate cut to 4.75pc on Thursday, with financial markets betting it will be the only cut this year.
Governor Andrew Bailey said a "Substantial" increase in public spending and tax changes that "clearly raise the cost of employment " will drive prices higher over the next three years.
I presume this still wont affect the working person. |  | | |  |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 15:05 - Nov 9 with 1153 views | StokieBlue |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 12:14 - Nov 9 by BlibbiBlob1976 |
They are facts. You seem to have misunderstood what I meant. The facts are that they were the main concerns of the American public, and as such needed to be addressed directly. Whether they were right to be concerned about those issues is an opinion. Get it? |
You're still saying that opinions not supported by facts are equally weighted to those which are supported by evidence. Their concerns should be address but the fundamental issue is still the one I highlighted in that these opinions have been allowed to gain equal weighting even though they aren't based on evidence and in many cases aren't even true.
I'm sure given this is your view you'll be going to your butcher for medical advice in the future.
SB |  | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 15:49 - Nov 9 with 1095 views | BlibbiBlob1976 |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 14:25 - Nov 9 by positivity |
one of the more amusing examples of replying to your own post! |
I’m very pleased it amused you. But given the quote marks, I think it was pretty clear to whom I was referring. | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 15:51 - Nov 9 with 1083 views | positivity |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 15:49 - Nov 9 by BlibbiBlob1976 |
I’m very pleased it amused you. But given the quote marks, I think it was pretty clear to whom I was referring. |
well done blobby, it was by far your most coherent post yet! | |
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| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 15:55 - Nov 9 with 1073 views | BlibbiBlob1976 |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 15:05 - Nov 9 by StokieBlue |
You're still saying that opinions not supported by facts are equally weighted to those which are supported by evidence. Their concerns should be address but the fundamental issue is still the one I highlighted in that these opinions have been allowed to gain equal weighting even though they aren't based on evidence and in many cases aren't even true.
I'm sure given this is your view you'll be going to your butcher for medical advice in the future.
SB |
A prime example of muddled thinking, and addressing the wrong (non) points.
It’s frustrating when valid points go straight over someone’s head, and I’m afraid I don’t have the patience to explain i any further to you.
It’s a prime example of someone either not listening, or perhaps wilfully not understanding. Either way, I’m not going to explain it to you any further, and you remain as uninformed as when we first engaged in this dialogue. Shame, if you’d opened up your thought process about toe, you could have gained some valuable knowledge and insight! | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 15:55 - Nov 9 with 1063 views | BlibbiBlob1976 |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 15:51 - Nov 9 by positivity |
well done blobby, it was by far your most coherent post yet! |
Nice one, mate | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:02 - Nov 9 with 1049 views | positivity |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 15:55 - Nov 9 by BlibbiBlob1976 |
Nice one, mate |
more improvement and you might actually make a valid point! | |
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| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:04 - Nov 9 with 1043 views | BlibbiBlob1976 |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:02 - Nov 9 by positivity |
more improvement and you might actually make a valid point! |
Plenty of valid points made above by me. If you can’t understand them, then I can assist no further. | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:08 - Nov 9 with 1017 views | Zapers |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:04 - Nov 9 by BlibbiBlob1976 |
Plenty of valid points made above by me. If you can’t understand them, then I can assist no further. |
He’s not the brightest. | | | |
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| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:11 - Nov 9 with 1008 views | positivity |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:04 - Nov 9 by BlibbiBlob1976 |
Plenty of valid points made above by me. If you can’t understand them, then I can assist no further. |
stokie and mullet've shot them all down, blobby; you've got nothing to offer except bluster, hot air and irrelevant diversions. | |
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| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:26 - Nov 9 with 955 views | Zapers |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:11 - Nov 9 by positivity |
stokie and mullet've shot them all down, blobby; you've got nothing to offer except bluster, hot air and irrelevant diversions. |
You’re the best, what’s the score tomorrow? | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:28 - Nov 9 with 951 views | Zapers |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:11 - Nov 9 by positivity |
stokie and mullet've shot them all down, blobby; you've got nothing to offer except bluster, hot air and irrelevant diversions. |
Maybe better to ask your children;) | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:29 - Nov 9 with 950 views | BlibbiBlob1976 |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:11 - Nov 9 by positivity |
stokie and mullet've shot them all down, blobby; you've got nothing to offer except bluster, hot air and irrelevant diversions. |
That’s actually pretty funny, mate. Mullet offered nothing but snide insinuations, and I won’t interact further with someone like that.
Stokie completely misunderstood the point I was making about facts vs opinion.
I’ll try again with you, but I don’t have high hopes.
FACT - The US electorate’s main concerns were the economy and illegal immigration.
OPINION - these should not have been their main concerns.
FACT - Harris did not address the main concerns of the electorate during her campaign
Shut down by Stokie, indeed 🙄 | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:30 - Nov 9 with 939 views | StokieBlue |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 15:55 - Nov 9 by BlibbiBlob1976 |
A prime example of muddled thinking, and addressing the wrong (non) points.
It’s frustrating when valid points go straight over someone’s head, and I’m afraid I don’t have the patience to explain i any further to you.
It’s a prime example of someone either not listening, or perhaps wilfully not understanding. Either way, I’m not going to explain it to you any further, and you remain as uninformed as when we first engaged in this dialogue. Shame, if you’d opened up your thought process about toe, you could have gained some valuable knowledge and insight! |
The cognitive dissonance in this post is remarkable.
SB | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:38 - Nov 9 with 908 views | positivity |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:29 - Nov 9 by BlibbiBlob1976 |
That’s actually pretty funny, mate. Mullet offered nothing but snide insinuations, and I won’t interact further with someone like that.
Stokie completely misunderstood the point I was making about facts vs opinion.
I’ll try again with you, but I don’t have high hopes.
FACT - The US electorate’s main concerns were the economy and illegal immigration.
OPINION - these should not have been their main concerns.
FACT - Harris did not address the main concerns of the electorate during her campaign
Shut down by Stokie, indeed 🙄 |
worrying when your first fact is untrue and the second is clearly opinion, back to critical-thinking school, blobby, don't just believe the first thing you read on twitter
the exit polls showed that the two main concerns were the economy and the state of democracy | |
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| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:38 - Nov 9 with 905 views | StokieBlue |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:29 - Nov 9 by BlibbiBlob1976 |
That’s actually pretty funny, mate. Mullet offered nothing but snide insinuations, and I won’t interact further with someone like that.
Stokie completely misunderstood the point I was making about facts vs opinion.
I’ll try again with you, but I don’t have high hopes.
FACT - The US electorate’s main concerns were the economy and illegal immigration.
OPINION - these should not have been their main concerns.
FACT - Harris did not address the main concerns of the electorate during her campaign
Shut down by Stokie, indeed 🙄 |
Sigh.
"FACT - The US electorate’s main concerns were the economy and illegal immigration."
A fact based on opinion which is not supported by evidence. You want people to engage and deal with the result of a falsehood rather than engaging and fixing the roots of a falsehood which let to this opinion becoming fact. If false equivalences weren't pushed as norms then this would never have become a fact in the first place.
"OPINION - these should not have been their main concerns."
You've muddled this one up. It was their main concerns due to falsehoods pushed to them thus it's a fact it shouldn't have been their main concern in a society which pushes good faith debating and evidence based reasoning - something that the Republicans didn't engage in at all.
You're pushing second-order facts as the issue rather than looking at the first-order source of those facts. By this logic a fact can be based on anything regardless of how untrue it is - you need to examine the source of the issues not the results.
SB | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:41 - Nov 9 with 902 views | BlibbiBlob1976 |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:30 - Nov 9 by StokieBlue |
The cognitive dissonance in this post is remarkable.
SB |
Is it? Why? What do you disagree with?
I think you seem unable to separate fact from opinion.
You can argue your opinion about what should concern people until you are blue in the face, but until you address the fact that they are concerned and deal with that concern, you are wasting your time.
You may feel you are intellectually to them, and that they are wrong to have the concerns they do, but I’m not even commenting on that, and you are missing the point entirely. | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:45 - Nov 9 with 884 views | positivity |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:41 - Nov 9 by BlibbiBlob1976 |
Is it? Why? What do you disagree with?
I think you seem unable to separate fact from opinion.
You can argue your opinion about what should concern people until you are blue in the face, but until you address the fact that they are concerned and deal with that concern, you are wasting your time.
You may feel you are intellectually to them, and that they are wrong to have the concerns they do, but I’m not even commenting on that, and you are missing the point entirely. |
a clue for you blobby; facts have to be true, just puttig capital letters on them doesn't magically make them so (no matter what trump might say!) | |
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| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:52 - Nov 9 with 873 views | BlibbiBlob1976 |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:38 - Nov 9 by StokieBlue |
Sigh.
"FACT - The US electorate’s main concerns were the economy and illegal immigration."
A fact based on opinion which is not supported by evidence. You want people to engage and deal with the result of a falsehood rather than engaging and fixing the roots of a falsehood which let to this opinion becoming fact. If false equivalences weren't pushed as norms then this would never have become a fact in the first place.
"OPINION - these should not have been their main concerns."
You've muddled this one up. It was their main concerns due to falsehoods pushed to them thus it's a fact it shouldn't have been their main concern in a society which pushes good faith debating and evidence based reasoning - something that the Republicans didn't engage in at all.
You're pushing second-order facts as the issue rather than looking at the first-order source of those facts. By this logic a fact can be based on anything regardless of how untrue it is - you need to examine the source of the issues not the results.
SB |
The fact is that prices grew at a much faster pace than wages under Biden. This was never addressed by Harris.
Now, you and I know that on paper the US economy is strong. My investments are going well. My portfolio has increased nicely in the past 12 months. I don’t like Trump, and I liked Biden. I was disappointed Harris lost (although I did think she was a poor candidate).
I’m nervous about Trump’s foreign policy.
However, the low wage Trump supporter did not feel the benefit of the stronger economy. Prices went up by more than wages. That’s a fact. They felt poorer.
This needed to addressed by the Dems. Harris seemed to campaign entirely on a “vibe”. Brat Summer, trans rights, Trump is a threat to democracy etc. It’s clear none of this cut through. The messaging was all wrong.
Do you feel her campaign was successful?
Rereading your message below, I really think it’s patronising to tell low wage workers, who were factually and demonstrably poorer after 2022s inflation that they should be grateful for a strong paper economy and good results on the S&P 500.
Your point of view is really just extraordinary tbh. | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 17:01 - Nov 9 with 831 views | StokieBlue |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:52 - Nov 9 by BlibbiBlob1976 |
The fact is that prices grew at a much faster pace than wages under Biden. This was never addressed by Harris.
Now, you and I know that on paper the US economy is strong. My investments are going well. My portfolio has increased nicely in the past 12 months. I don’t like Trump, and I liked Biden. I was disappointed Harris lost (although I did think she was a poor candidate).
I’m nervous about Trump’s foreign policy.
However, the low wage Trump supporter did not feel the benefit of the stronger economy. Prices went up by more than wages. That’s a fact. They felt poorer.
This needed to addressed by the Dems. Harris seemed to campaign entirely on a “vibe”. Brat Summer, trans rights, Trump is a threat to democracy etc. It’s clear none of this cut through. The messaging was all wrong.
Do you feel her campaign was successful?
Rereading your message below, I really think it’s patronising to tell low wage workers, who were factually and demonstrably poorer after 2022s inflation that they should be grateful for a strong paper economy and good results on the S&P 500.
Your point of view is really just extraordinary tbh. |
So you've dropped your point about immigration which I can only assume means that deep down you know it was based on falsehoods and you can't defend it.
The US economy now is stronger than it was under Trump in his previous term. The inflationary pressures aren't directly related to Biden's policies, they were global and eggs aren't going to reduce by 80% in cost as was being pushed by the Republican side. I don't even know why you are bringing these things up though and I am not sure why I am bothering to answer, it's got nothing to do with my original point.
Not sure why you are asking me about the democrats campaign, I've not mentioned it at all and it has nothing to do with what I was debating. I was highlighting that false equivalences are now accepted when they shouldn't be - you've tried to drive the conservation away from that at every opportunity rather than addressing my actual points.
It's bad faith debating and you're doing it across multiple threads.
"Rereading your message below, I really think it’s patronising to tell low wage workers, who were factually and demonstrably poorer after 2022s inflation that they should be grateful for a strong paper economy and good results on the S&P 500."
I've not said this, I've not even said anything remotely like this and it's frankly appalling that you're just making stuff up now because you can't deal with the actual points I raised which were about evidence and false equivalences.
SB | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 17:17 - Nov 9 with 789 views | Mullet |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:29 - Nov 9 by BlibbiBlob1976 |
That’s actually pretty funny, mate. Mullet offered nothing but snide insinuations, and I won’t interact further with someone like that.
Stokie completely misunderstood the point I was making about facts vs opinion.
I’ll try again with you, but I don’t have high hopes.
FACT - The US electorate’s main concerns were the economy and illegal immigration.
OPINION - these should not have been their main concerns.
FACT - Harris did not address the main concerns of the electorate during her campaign
Shut down by Stokie, indeed 🙄 |
Can you stop lying please? I didn’t insinuate anything. I made it quite clear that you’re idiotic hypocrite, trying to pick a fight and only hurting yourself. The fact I think your views are sh1t as do most of the board, isn’t intolerance it’s just normalcy.
The fact you’re so triggered by your own deficiencies isn’t either my fault, or my problem. If you’d like me to be as dishonest, belligerent and personal as you it simply won’t happen. I fear just what it would do to you.
Stop polluting the board with this teary rubbish and back yourself up with something of substance. |  |
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| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 17:37 - Nov 9 with 736 views | positivity |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:26 - Nov 9 by Zapers |
You’re the best, what’s the score tomorrow? |
thanks, zap. it'll be 1-2 | |
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| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 17:48 - Nov 9 with 718 views | BlibbiBlob1976 |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 16:38 - Nov 9 by positivity |
worrying when your first fact is untrue and the second is clearly opinion, back to critical-thinking school, blobby, don't just believe the first thing you read on twitter
the exit polls showed that the two main concerns were the economy and the state of democracy |
If that’s the case, then I’d be very happy to amend my post above.
It’s always the economy, that’s for sure!
I think illegal immigration would have been more important to the electorate than the state if democracy. Do you have a link to that polling?
I’ve always been completely nonplussed by the illegal immigration debate, living in a relatively affluent area of London.
Ironically, it was an hour or two in Ipswich when my train back to Suffolk was delayed a few months ago that made me empathise with those who view it as a big problem.
I mean, I never go into Ipswich town centre, Barnsley, Wakefield, Milton Keynes, Luton etc etc
I’m not saying I agree with the anti immigration rhetoric, in fact almost the complete opposite, but it’s hard for those of us not exposed on a regular basis to understand where it comes from. And this dissatisfaction with the status quo does need to be recognised and addressed.
Otherwise, you end up with Trump and Farage | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 17:57 - Nov 9 with 685 views | BlibbiBlob1976 |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 17:01 - Nov 9 by StokieBlue |
So you've dropped your point about immigration which I can only assume means that deep down you know it was based on falsehoods and you can't defend it.
The US economy now is stronger than it was under Trump in his previous term. The inflationary pressures aren't directly related to Biden's policies, they were global and eggs aren't going to reduce by 80% in cost as was being pushed by the Republican side. I don't even know why you are bringing these things up though and I am not sure why I am bothering to answer, it's got nothing to do with my original point.
Not sure why you are asking me about the democrats campaign, I've not mentioned it at all and it has nothing to do with what I was debating. I was highlighting that false equivalences are now accepted when they shouldn't be - you've tried to drive the conservation away from that at every opportunity rather than addressing my actual points.
It's bad faith debating and you're doing it across multiple threads.
"Rereading your message below, I really think it’s patronising to tell low wage workers, who were factually and demonstrably poorer after 2022s inflation that they should be grateful for a strong paper economy and good results on the S&P 500."
I've not said this, I've not even said anything remotely like this and it's frankly appalling that you're just making stuff up now because you can't deal with the actual points I raised which were about evidence and false equivalences.
SB |
I’ve not dropped my point about immigration? What do you mean? It’s clearly an issue of significance for a large part of the US electorate. Do you really disagree with that? Am I misunderstanding what you are trying to say?
I largely agree with you that inflation wasn’t related to Biden’s economic policy and was a western-wide phenomenon.
The problem is that to 50pc of the US electorate, that’s irrelevant! The reality is Biden was in charge and everything got much more expensive, very quickly, and their wages didn’t keep up.
It’s very hard to win an election ton against that backdrop, but Harris’ campaign gave her no chance of doing so.
I agree with you, actually, that false equivalence’s shouldn’t have been allowed to become relevant to the conversation.
But the reality is that they are!!!
So they need to be addressed head on.
I can’t be clearer than that.
Yiu can argue from a purely intellectual viewpoint on this all you want, but you gave to be realistic about the situation as it is right now.
It’s only going to get worse, too! | | | |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 18:01 - Nov 9 with 673 views | positivity |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 17:48 - Nov 9 by BlibbiBlob1976 |
If that’s the case, then I’d be very happy to amend my post above.
It’s always the economy, that’s for sure!
I think illegal immigration would have been more important to the electorate than the state if democracy. Do you have a link to that polling?
I’ve always been completely nonplussed by the illegal immigration debate, living in a relatively affluent area of London.
Ironically, it was an hour or two in Ipswich when my train back to Suffolk was delayed a few months ago that made me empathise with those who view it as a big problem.
I mean, I never go into Ipswich town centre, Barnsley, Wakefield, Milton Keynes, Luton etc etc
I’m not saying I agree with the anti immigration rhetoric, in fact almost the complete opposite, but it’s hard for those of us not exposed on a regular basis to understand where it comes from. And this dissatisfaction with the status quo does need to be recognised and addressed.
Otherwise, you end up with Trump and Farage |
https://www.independent.co.uk/news/world/americas/us-politics/exit-polls-2024-pr
state of democracy was actually no.1 ahead of the economy, immigration lagged down in 4th below abortion.
the trains are very poor, but hopefully nationalisation will improve them. certainly the company I commonly use (transpennine) was almost unuseable before the contract went back to the government, still not perfect, but getting better thankfully | |
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| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 18:10 - Nov 9 with 635 views | BlibbiBlob1976 |
| Rachel reeves driving up prices with tax and spend budget warns Bank of England on 18:01 - Nov 9 by positivity |
https://www.independent.co.uk/news/world/americas/us-politics/exit-polls-2024-pr
state of democracy was actually no.1 ahead of the economy, immigration lagged down in 4th below abortion.
the trains are very poor, but hopefully nationalisation will improve them. certainly the company I commonly use (transpennine) was almost unuseable before the contract went back to the government, still not perfect, but getting better thankfully |
That’s very interesting. Thank you for posting that link. It’s striking that economy was the absolute main priority for Trump voters, as I tried to explain above.
Immigration was then the next most important issue for these voters
As I also said above, these concerns just weren’t addressed by the Harris campaign
They did address the state if democracy concerns, however were largely just preaching to the converted (according to that link)
Interesting read, thank you | | | |
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