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Everything's going to be alright......'trickle down' is back. 07:26 - Jul 15 with 1477 viewsBanksterDebtSlave

https://www.theguardian.com/business/2025/jul/15/rachel-reeves-to-say-cuts-to-ci

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Everything's going to be alright......'trickle down' is back. on 07:39 - Jul 15 with 999 viewsDubtractor

FFS labour.

I was born underwater, I dried out in the sun. I started humping volcanoes baby, when I was too young.
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Everything's going to be alright......'trickle down' is back. on 07:46 - Jul 15 with 978 viewsthebooks

I particularly like how they plan to underwrite any bank losses on 95% mortgages while removing the requirement that banks don’t start repossession proceedings for 12 months after missed payments.
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Everything's going to be alright......'trickle down' is back. on 07:54 - Jul 15 with 942 viewsBanksterDebtSlave

Everything's going to be alright......'trickle down' is back. on 07:39 - Jul 15 by Dubtractor

FFS labour.


I get why people voted for them because we all want to think there's hope but anybody watching with open eyes shouldn't really be surprised!

"They break our legs and tell us to be grateful when they offer us crutches."
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Everything's going to be alright......'trickle down' is back. on 08:02 - Jul 15 with 919 viewsDubtractor

Everything's going to be alright......'trickle down' is back. on 07:54 - Jul 15 by BanksterDebtSlave

I get why people voted for them because we all want to think there's hope but anybody watching with open eyes shouldn't really be surprised!


Yeah, that's probably fair.

It's all so frustrating. Labour basically going out of their way, on a number of issues, to alienate their core support, to try and win votes from people who will never vote for them anyway.

Alongside this you've got the unions calling for strike action on a pay offer of 5.4%, which will get almost no sympathy from the public at all.

All of it laying the ground for a reform government which will make things worse for all concerned.

Absolute fooking shambles.

Edit: for clarity, I support unions and the role they play, but they need to pick the right battles. Demanding an inflation busting pay rise when the public finances are a mess is just daft.
[Post edited 15 Jul 8:06]

I was born underwater, I dried out in the sun. I started humping volcanoes baby, when I was too young.
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Everything's going to be alright......'trickle down' is back. on 08:07 - Jul 15 with 900 viewsDanTheMan

Everything's going to be alright......'trickle down' is back. on 08:02 - Jul 15 by Dubtractor

Yeah, that's probably fair.

It's all so frustrating. Labour basically going out of their way, on a number of issues, to alienate their core support, to try and win votes from people who will never vote for them anyway.

Alongside this you've got the unions calling for strike action on a pay offer of 5.4%, which will get almost no sympathy from the public at all.

All of it laying the ground for a reform government which will make things worse for all concerned.

Absolute fooking shambles.

Edit: for clarity, I support unions and the role they play, but they need to pick the right battles. Demanding an inflation busting pay rise when the public finances are a mess is just daft.
[Post edited 15 Jul 8:06]


I'm with you.

I work in bloody finance and deregulating won't really do anything for the average person.

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Everything's going to be alright......'trickle down' is back. on 08:09 - Jul 15 with 887 viewsthebooks

Everything's going to be alright......'trickle down' is back. on 08:02 - Jul 15 by Dubtractor

Yeah, that's probably fair.

It's all so frustrating. Labour basically going out of their way, on a number of issues, to alienate their core support, to try and win votes from people who will never vote for them anyway.

Alongside this you've got the unions calling for strike action on a pay offer of 5.4%, which will get almost no sympathy from the public at all.

All of it laying the ground for a reform government which will make things worse for all concerned.

Absolute fooking shambles.

Edit: for clarity, I support unions and the role they play, but they need to pick the right battles. Demanding an inflation busting pay rise when the public finances are a mess is just daft.
[Post edited 15 Jul 8:06]


When are the public finances ever not “a mess”?

Of course, you make them a mess when you stick to a deficit reduction target set by an insane outgoing Tory government.
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Everything's going to be alright......'trickle down' is back. on 08:14 - Jul 15 with 862 viewsSwansea_Blue

She’s utterly hopeless

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Everything's going to be alright......'trickle down' is back. on 08:29 - Jul 15 with 810 viewsHerbivore

I've said it before and I'll say it again, this is basically Cameron's Tory party that we have in power right now, right down to the back bench in fighting and lack of competence.

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Everything's going to be alright......'trickle down' is back. on 08:35 - Jul 15 with 779 viewsSwansea_Blue

Everything's going to be alright......'trickle down' is back. on 07:46 - Jul 15 by thebooks

I particularly like how they plan to underwrite any bank losses on 95% mortgages while removing the requirement that banks don’t start repossession proceedings for 12 months after missed payments.


It’s pretty clear the intensive lobbying (big business, banks, Israel) is very much shaping their policies.

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Everything's going to be alright......'trickle down' is back. on 08:39 - Jul 15 with 766 viewstonybied

Everything's going to be alright......'trickle down' is back. on 08:29 - Jul 15 by Herbivore

I've said it before and I'll say it again, this is basically Cameron's Tory party that we have in power right now, right down to the back bench in fighting and lack of competence.


The thing is I voted Labour, not expecting a massive change policy-wise, but I did expect the competence levels to improve! It literally seems to be more of the same uselessness.
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Everything's going to be alright......'trickle down' is back. on 08:40 - Jul 15 with 765 viewsHerbivore

I was watching Simon Reeve in Colombia the other night, it's a few years old now but a real eye opener in how people running things don't have to follow these debunked ways of doing things that only ever benefit the super rich and nobody else. They went to Medellin where the former mayor had overseen a transformation of the city, basically focusing the vast majority of infrastructure spend on the poorest areas. He built cable cars linking the slums in the hills to the city centre, built arts and concert venues in those same slums to encourage people to go there and to provide job opportunities, ensured local government departments like housing had offices there, and built state of the art schools and health centres. The murder rate there is down 90% and poverty is down 60%.

Now, it's far from perfect and the murder rate will have been contributed to by the waning grip of drug cartels and paramilitary groups in the region, but you can't ignore that by investing more in the poorest areas and by focusing efforts on those at the bottom rather than the top, some pretty amazing things have been achieved there.

Why is it in the west we are so wedded to doing things as we've always done them? We tinker around the edges and keep governing as though it's only those at the top of the food chain that matter and things continue to get worse and worse. This is why people are fed up of mainstream political parties and when the only non-mainstream party that gets any coverage are a bunch of racist charlatans who will only offer the kind of politics we have now but on steroids, it means we're heading to a pretty bleak place.

Feck Labour, basically. Such a massive disappointment. No imagination, no vision, not even a shadow of the values that you might say are traditional Labour values. Sure, they won an election because the Tories were so deeply unpopular, but what's the point if you're then just going to offer basically more of the same?

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Everything's going to be alright......'trickle down' is back. on 08:42 - Jul 15 with 727 viewsHerbivore

Everything's going to be alright......'trickle down' is back. on 08:39 - Jul 15 by tonybied

The thing is I voted Labour, not expecting a massive change policy-wise, but I did expect the competence levels to improve! It literally seems to be more of the same uselessness.


I couldn't vote for them, even though I quite like our local Labour MP. I won't vote for right of centre parties and that's what Labour has become under Starmer and McSweeney. You're right that probably even a sceptic like me thought we'd see some sensible and competent government going on, but no, they've been all over the place and an absolute car crash. It's staggering they've not learnt from the last decade of utter chaos that governing from news cycle to news cycle doesn't work, you need to have a vision and a plan and work towards that.
[Post edited 15 Jul 8:46]

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Everything's going to be alright......'trickle down' is back. on 08:43 - Jul 15 with 727 viewsitfcjoe

Everything's going to be alright......'trickle down' is back. on 08:40 - Jul 15 by Herbivore

I was watching Simon Reeve in Colombia the other night, it's a few years old now but a real eye opener in how people running things don't have to follow these debunked ways of doing things that only ever benefit the super rich and nobody else. They went to Medellin where the former mayor had overseen a transformation of the city, basically focusing the vast majority of infrastructure spend on the poorest areas. He built cable cars linking the slums in the hills to the city centre, built arts and concert venues in those same slums to encourage people to go there and to provide job opportunities, ensured local government departments like housing had offices there, and built state of the art schools and health centres. The murder rate there is down 90% and poverty is down 60%.

Now, it's far from perfect and the murder rate will have been contributed to by the waning grip of drug cartels and paramilitary groups in the region, but you can't ignore that by investing more in the poorest areas and by focusing efforts on those at the bottom rather than the top, some pretty amazing things have been achieved there.

Why is it in the west we are so wedded to doing things as we've always done them? We tinker around the edges and keep governing as though it's only those at the top of the food chain that matter and things continue to get worse and worse. This is why people are fed up of mainstream political parties and when the only non-mainstream party that gets any coverage are a bunch of racist charlatans who will only offer the kind of politics we have now but on steroids, it means we're heading to a pretty bleak place.

Feck Labour, basically. Such a massive disappointment. No imagination, no vision, not even a shadow of the values that you might say are traditional Labour values. Sure, they won an election because the Tories were so deeply unpopular, but what's the point if you're then just going to offer basically more of the same?


It sounds as though on the planning reforms more power is going to be given to mayors etc so there is a chance that we can actually have people in regions being able to point at what they are able to achieve without it being blocked by central and local Govts

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Everything's going to be alright......'trickle down' is back. on 08:51 - Jul 15 with 688 viewsSwansea_Blue

Everything's going to be alright......'trickle down' is back. on 08:02 - Jul 15 by Dubtractor

Yeah, that's probably fair.

It's all so frustrating. Labour basically going out of their way, on a number of issues, to alienate their core support, to try and win votes from people who will never vote for them anyway.

Alongside this you've got the unions calling for strike action on a pay offer of 5.4%, which will get almost no sympathy from the public at all.

All of it laying the ground for a reform government which will make things worse for all concerned.

Absolute fooking shambles.

Edit: for clarity, I support unions and the role they play, but they need to pick the right battles. Demanding an inflation busting pay rise when the public finances are a mess is just daft.
[Post edited 15 Jul 8:06]


Largely agree. Unions do need to pick their battles, but they also need to somehow find a better way to communicate the cumulative decline in public service wages over the last 15-17 years. If more people understood, it *may* make them less hostile (it may not, we’re now a deeply selfish society with limited empathy for other people).

Even with recent pay awards (up to 2024), junior doctor pay was down between 12% and 18% in real terms compared to 2010. That’s well below public sector as a whole (about -10%). You’d think a bit of context would temper people’s opposition to a pay award that only closes the gap by about 1/3rd.

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Everything's going to be alright......'trickle down' is back. on 08:51 - Jul 15 with 688 viewsbluelagos

Everything's going to be alright......'trickle down' is back. on 08:39 - Jul 15 by tonybied

The thing is I voted Labour, not expecting a massive change policy-wise, but I did expect the competence levels to improve! It literally seems to be more of the same uselessness.


"It literally seems to be more of the same uselessness"

I think you have a very short memory. Ferry contracts to companies without ferries. Trussenomics. Ambulance waits of 8+ hours outside hospitals. A justice system that has basically collapsed.

Plenty of politically stupid decisions, but the level of crpness isn't close to Johnson/Truss levels imho.

That said - I think we are on a path to a Reform govt unless the current mob can start to genuinely deliver for ordinary people in the remainder of their time ahead of the next election.

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Everything's going to be alright......'trickle down' is back. on 08:51 - Jul 15 with 680 viewstonybied

Everything's going to be alright......'trickle down' is back. on 08:42 - Jul 15 by Herbivore

I couldn't vote for them, even though I quite like our local Labour MP. I won't vote for right of centre parties and that's what Labour has become under Starmer and McSweeney. You're right that probably even a sceptic like me thought we'd see some sensible and competent government going on, but no, they've been all over the place and an absolute car crash. It's staggering they've not learnt from the last decade of utter chaos that governing from news cycle to news cycle doesn't work, you need to have a vision and a plan and work towards that.
[Post edited 15 Jul 8:46]


I suspect I was naive; I thought the policies would start off to the right of centre (to gain power), the government would demonstrate its competency, and gain the trust of the Public, before slowly moving back to its more natural position.

This government isn't just turning out to be Tory-lite; it seems it now wants to out-Tory the Tories, leaning more and more right by the day, whilst becoming more and more tone deaf and incompetent. What has happened to Labour?
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Everything's going to be alright......'trickle down' is back. on 08:53 - Jul 15 with 657 viewsSuperKieranMcKenna

Everything's going to be alright......'trickle down' is back. on 08:09 - Jul 15 by thebooks

When are the public finances ever not “a mess”?

Of course, you make them a mess when you stick to a deficit reduction target set by an insane outgoing Tory government.


They weren’t a mess when Blair/Brown left power, only 70pc debt to gdp. Sadly 15 years of incompetence and corruption has led us here.

As for the rage bait- deregulation was a major component of the Leave campaign, they are just giving this Brexiteer what he voted for.
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Everything's going to be alright......'trickle down' is back. on 08:55 - Jul 15 with 649 viewsbluelagos

Everything's going to be alright......'trickle down' is back. on 08:53 - Jul 15 by SuperKieranMcKenna

They weren’t a mess when Blair/Brown left power, only 70pc debt to gdp. Sadly 15 years of incompetence and corruption has led us here.

As for the rage bait- deregulation was a major component of the Leave campaign, they are just giving this Brexiteer what he voted for.


"Singapore-on-Thames" wasn't it?
[Post edited 15 Jul 8:57]

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Everything's going to be alright......'trickle down' is back. on 08:55 - Jul 15 with 648 viewsHerbivore

Everything's going to be alright......'trickle down' is back. on 08:51 - Jul 15 by Swansea_Blue

Largely agree. Unions do need to pick their battles, but they also need to somehow find a better way to communicate the cumulative decline in public service wages over the last 15-17 years. If more people understood, it *may* make them less hostile (it may not, we’re now a deeply selfish society with limited empathy for other people).

Even with recent pay awards (up to 2024), junior doctor pay was down between 12% and 18% in real terms compared to 2010. That’s well below public sector as a whole (about -10%). You’d think a bit of context would temper people’s opposition to a pay award that only closes the gap by about 1/3rd.


I know the HE sector isn't the public sector but it also sort of is given the government largely dictates how it's funded and regulates it. This year's pay offer is under 2% and comes after 15 years of below inflation pay increases. HE is one area where we are still, somehow given the underfunding, world leading and yet the people who make it world leading are earning about 25% less in real terms than they were in 2009. I've seen lecturing roles still starting at under £40k a year. Considering you have to do a good 7 years in HE to become a lecturer in most disciplines, that's not a great wage. We lag behind pretty much every other major economy in how we pay in the HE sector.

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Everything's going to be alright......'trickle down' is back. on 08:59 - Jul 15 with 633 viewsblueasfook

Everything's going to be alright......'trickle down' is back. on 08:40 - Jul 15 by Herbivore

I was watching Simon Reeve in Colombia the other night, it's a few years old now but a real eye opener in how people running things don't have to follow these debunked ways of doing things that only ever benefit the super rich and nobody else. They went to Medellin where the former mayor had overseen a transformation of the city, basically focusing the vast majority of infrastructure spend on the poorest areas. He built cable cars linking the slums in the hills to the city centre, built arts and concert venues in those same slums to encourage people to go there and to provide job opportunities, ensured local government departments like housing had offices there, and built state of the art schools and health centres. The murder rate there is down 90% and poverty is down 60%.

Now, it's far from perfect and the murder rate will have been contributed to by the waning grip of drug cartels and paramilitary groups in the region, but you can't ignore that by investing more in the poorest areas and by focusing efforts on those at the bottom rather than the top, some pretty amazing things have been achieved there.

Why is it in the west we are so wedded to doing things as we've always done them? We tinker around the edges and keep governing as though it's only those at the top of the food chain that matter and things continue to get worse and worse. This is why people are fed up of mainstream political parties and when the only non-mainstream party that gets any coverage are a bunch of racist charlatans who will only offer the kind of politics we have now but on steroids, it means we're heading to a pretty bleak place.

Feck Labour, basically. Such a massive disappointment. No imagination, no vision, not even a shadow of the values that you might say are traditional Labour values. Sure, they won an election because the Tories were so deeply unpopular, but what's the point if you're then just going to offer basically more of the same?


Just remind me how Maduro's socialist regime in Venezuala worked out again? Capitalism isn't ideal I agree but then socialist economic policy doesn't seem to work either. I think the thing you need to eliminate for a truly fair economy that benefits all is human greed

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Everything's going to be alright......'trickle down' is back. on 09:05 - Jul 15 with 594 viewsHerbivore

Everything's going to be alright......'trickle down' is back. on 08:59 - Jul 15 by blueasfook

Just remind me how Maduro's socialist regime in Venezuala worked out again? Capitalism isn't ideal I agree but then socialist economic policy doesn't seem to work either. I think the thing you need to eliminate for a truly fair economy that benefits all is human greed


When have we ever seen a wealthy developed nation that has the kind of wealth and infrastructure needed to make a more socialist economy work actually given it a go? Using countries like Venezuela as examples is disingenuous. They are not a wealthy country. They, like any other Latin American country that moves left, have to deal with the US acting against their interests at every turn, either overtly through formal or informal sanctions, or covertly through using CIA resources to destabilise them. While the Scandi countries aren't socialist, their model is to the left of ours and they are comparatively wealthy countries. They have their problems, but they're doing better than us on most metrics.

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Everything's going to be alright......'trickle down' is back. on 09:06 - Jul 15 with 583 viewstonybied

Everything's going to be alright......'trickle down' is back. on 08:51 - Jul 15 by bluelagos

"It literally seems to be more of the same uselessness"

I think you have a very short memory. Ferry contracts to companies without ferries. Trussenomics. Ambulance waits of 8+ hours outside hospitals. A justice system that has basically collapsed.

Plenty of politically stupid decisions, but the level of crpness isn't close to Johnson/Truss levels imho.

That said - I think we are on a path to a Reform govt unless the current mob can start to genuinely deliver for ordinary people in the remainder of their time ahead of the next election.


I'll give you the ferry contracts nonsense, but your other 2 examples are due to poor Tory policies. What is Labour doing differently to improve these, and multiple other issues that were caused by Tory austerity? Not a lot, is most likely the answer.

This government seems to be lurching further into austerity to solve our issues, rather than moving away from this flawed model. Most councils and government departments are failing, and their answer is to cut funding even more.

The Tories roundhouse kicked this country in the head, now Labour seem to be kicking it in the b*llocks, now it's lying on the floor motionless.
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Everything's going to be alright......'trickle down' is back. on 09:06 - Jul 15 with 580 viewsDubtractor

Everything's going to be alright......'trickle down' is back. on 08:51 - Jul 15 by Swansea_Blue

Largely agree. Unions do need to pick their battles, but they also need to somehow find a better way to communicate the cumulative decline in public service wages over the last 15-17 years. If more people understood, it *may* make them less hostile (it may not, we’re now a deeply selfish society with limited empathy for other people).

Even with recent pay awards (up to 2024), junior doctor pay was down between 12% and 18% in real terms compared to 2010. That’s well below public sector as a whole (about -10%). You’d think a bit of context would temper people’s opposition to a pay award that only closes the gap by about 1/3rd.


I get that, and I work in the public sector so very much aware of the context, but referencing movement from 17 years ago won't get sympathy from the great British public.

Whether it should get sympathy is another matter, that you neatly summed up in your post!

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Everything's going to be alright......'trickle down' is back. on 09:11 - Jul 15 with 556 viewsSwansea_Blue

Everything's going to be alright......'trickle down' is back. on 08:51 - Jul 15 by bluelagos

"It literally seems to be more of the same uselessness"

I think you have a very short memory. Ferry contracts to companies without ferries. Trussenomics. Ambulance waits of 8+ hours outside hospitals. A justice system that has basically collapsed.

Plenty of politically stupid decisions, but the level of crpness isn't close to Johnson/Truss levels imho.

That said - I think we are on a path to a Reform govt unless the current mob can start to genuinely deliver for ordinary people in the remainder of their time ahead of the next election.


Labour seem to be shooting themselves in the foot because they rarely talk up their improvements. Whereas the very un-Labourlike things they are doing get huge coverage. They're certainly not as bad as the Tories were though, agreed. On the flip side, they fall well short of what people thought a Labour government might be like. Except for the lefties - they seemed to know exactly what was coming down the tracks.

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Everything's going to be alright......'trickle down' is back. on 09:20 - Jul 15 with 517 viewsblueasfook

Everything's going to be alright......'trickle down' is back. on 09:05 - Jul 15 by Herbivore

When have we ever seen a wealthy developed nation that has the kind of wealth and infrastructure needed to make a more socialist economy work actually given it a go? Using countries like Venezuela as examples is disingenuous. They are not a wealthy country. They, like any other Latin American country that moves left, have to deal with the US acting against their interests at every turn, either overtly through formal or informal sanctions, or covertly through using CIA resources to destabilise them. While the Scandi countries aren't socialist, their model is to the left of ours and they are comparatively wealthy countries. They have their problems, but they're doing better than us on most metrics.


*Checks notes*

USSR?

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