Do you want to discuss boring politics? (13 Viewers)

fernandopartridge

Well-Known Member
Agreed. I don’t think it was her intention to raise main taxes, even if the manifesto promise was ridiculous and unnecessary. Unfortunately certain elements outside her control like higher global bond yields, have been exacerbated by own goals such as increasing emp’ers NIC (which didn’t help inflation) and party resistance to any spending controls, which have worsened the overall fiscal position.

The crazy thing is, by not showing even a semblance of perceived control over spending we are probably paying more to borrow, thereby reducing the cash available to spend on public services. We will all have to pay for that now. Unintended but pretty obvious consequences 🤷‍♂️.
Good job that bonds are not necessary then isn't it
 

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