Biggest increase in taxes ever, Biggest increase in borrowing ever, Biggest increase in spending ever, No growth, no increase in GDP, broken promises, a failed budget 🥀 labour
proud to say that I did and this is the reason why. Real economics, realistic tax and spending ratios for an advanced economy and end to fantasy Tory tax and spending funded by massive borrowing we can never hope to pay off. This is exactly the budget Ken Clarke himself said the country needed and would make us much better off in the long term.
No we just hoped. We knew they won’t but we just hoped cos Tories were running a monkey show with musical chairs. We knew we are voting for different monkeys but we just hoped it would be different.
I grew up with a Labour government in the 70s and saw what thedid in the Brown and Blair years. I also researched Starmer and his Communist leanings before the election. I very proud to say i never voted for this lot. Whilst the Tories messed up massively it was still better than whats coming Sadly history is repeating itself
Whilst i agree mostly.. the tories had their chance and f'd it up too. They are not the answer. The 2 main parties have governed the country for over a hundred years Neither labour or tories are going to solve anythingthey are the cause...
I'm going on holiday to France coming back on a inflatable boat and all will be good! Like an idiot I worked, paid my share, now I can retire and freeze to death in a dirty hovel with no hot water to wash my privates, feck I am so thankful to those who voted for Labour.
@@DarkCreed every penny will go into the pockets of overpaid Consultants and GPs .......165K a year + 15% .......meanwhile pensioners on the basic state pension will be frezzing to death ...
She won't get anything like £40 billion. This is a repeat of Dennis Healey. He raised taxes to an alarming rate and wondered why tax revenues actually fell and unemployment soared. The wealthy simply left Britain and took their money, and jobs, with them.
Thatcher raised taxes by even more and it led to a massive economic boom because like Reeves her Government gave the economy the kick it needed to get out of a years long economic rut. Ken Clarke himself said a few weeks back the country needed a budget like this if we were ever to have any hope of returning to kind of growth we were used to in the post war period.
@@pipoo1 Complete and utter BS! Ken Clarke was, and still is, a financial moron. Healey had the top rate of income tax at 95% (the Beatles recorded a song about it, "Taxman") and destroyed the economy. Thatcher invested in the country and got the economy going again, Reeves is simply fuelling inflation by giving massive pay rises to placate her Marxist Union bosses, giving billions to other countries for 'green energy' projects, letting Miliband waste billions more, and pouring further billions into the NHS, which will simply result in thousands more 'middle management' civil service jobs, like it has done every time before.
I agree, spending is a way of obtaining growth. As long as sending isn’t of the republican conservative type, that is, trickle down economics, which doesn’t work. It enriches the rich, yet, the poor and public services suffer.
@@WatersmithTV oh dear. Someone has been to the socialist school of economics. She’s hammering business which will cost jobs, hold wages down and limit investment. Wealth is created by business,s not government.
It’s very easy, don’t invest £22 billion in R & D for carbon capture= no black hole, I’m not one for inflamed rhetoric, but I truly despise this government
When they get to the next country they intend to leech from they should return their UK Passport to the Home Office. The country has far too many "hedge fund managers" (carpetbaggers) and Buy to Let "investors" (Slumlords).
We are back to the 1970's with Denis Healey as chancellor - tax and spend - inflationary public sector wage awards and cozy public sector pensions left right and centre - the juice squeezed out of the private sector which is supposed to pay for all of this, and on top lay the golden eggs for future economic growth. I despair. All the smart money people will move abroad, the tax receipts will not materialise, unemployment will increase, and stagflation will abound.
The community should agree with your point. The public should not suffer because of the war they do not have business with, but just because of their countries being the members of Nato? Which doesn't really make sense at all. No wonder many communities of the concerned Nato members are getting annoyed because it is their communities who suffer and struggle the most, while their countries' communities' money is being used for the wrong reasons 😮. Ukraine is not feeling any pinch of the struggle at all because each and every amount of money they need, Nato members, is making sure that Ukraine gets that amount, including the war materials. Which is one of the reasons why Ukraine is not going to even think of throwing the towel in the fighting ring, as they are still enjoying all the help they are getting from Nato 😄 😀. Not even a single soldier would like the war coming to an end, not when they are still earning that amount of money 😉 😀, not even knowing how long they are still going to be alive 😉. How long are those soldiers prepared to be without their spouses in those ugly, horrible places 😉? Only GOD knows 😉 what is happening on this planet, really. What a waste of time?
Is it too hard to find someone smart to run this country? I have heard about this government blaming the previous one for several months and it seems they won’t stop in coming year.
It’s way more funded than it needs to be! It needs to be well managed, like a business who needs to make money would, but instead they help people. It’s shameful what takes place in the NHS with their current processes.
The country is in a spiral of persistent debt. We are paying over £120b a year on the debt interest alone. In any other setting, somebody who is consistently buried in debt and only able to afford to pay off part of the interest, but none of the actual debt, is on a one-way road to financial ruin. Increasing borrowing is the single handed stupidest decision that anyone in government could make. We're going to end up in a situation before 2040 where our currency is going to need to be devalued because of the reckless decisions made by politicians - and for a country that relies on imports, that's going to hurt like hell in the future.
Housing costs>benefit costs >refurbishments of places where they are housed ( telemcom house ) being one in Wolverhampton. Millions spent renovating into apartments. Fresh food delivered everyday. Driving licences Money on their card for clothes Mobile phone Put through security courses Pensioners who worked for us to live the way we are... NOTHING
Ridge and Rigby show Labour so much respect their interviews with them are excellent. Ridge is an incredible journalists so insightful and Rigby doesn't have an attitude problem shes cool
