The Sin Bin • Re: PM in Intensive Care...
Sal Paradise wrote:
Sunak is a very bright individual who has plenty of personal wealth so he is not being an MP for the money so yes he will be around for the long haul. I agree he has thrown the kitchen sink at this - not sure what else he could have done - there would 4m unemployed if he hadn't. One thing is for certain if he gets the top job the cabinet will have significant intellectual horsepower - its the way professional firms work employ the best brains. It is the one thing Labour fear. Brains will always beat idealism it is why Starmer is making a better fist of it than Corbyn/McDonald/Long-Bailey did.
It will Boris that's eased out his flaws are there for all to see - he is a front man but like Trump that is OK for a short period. If there is no substance behind it the public will see through it - like they did Corbyn.
One thing the Tories will do is leave the EU with no deal - the damage will just get lost in the fiscal mess the virus has caused - no bad thing in my view, let's have a clean slate. Austerity will not return - perhaps big ticket projects will be canned, we will all just pay more taxes, pension allowance for top rate tax payers will go - quite rightly too, fuel duty will increase and I would expect to see dividends taxed differently too. As a lefty I'm sure you wont mind paying more tax - you have been calling for it for years.
"Austerity will not return"
With record borrowing and a fiscal hole that is just fecking huge, how are the Tories, with their triple lock on tax going to pay down the new increased deficit, especially with massively shrinking tax receipts.
At the stare of the virus, there was talk of a cliff edge and a quick "bounce". However, with the easing of the lockdown likely to be slow and careful, the bounce will be akin to that of a cold squash ball, more of a thud on a cold floor and perhaps more interestingly, if you are right and there is not going to be a further period of austerity, why the hell did the poorest people in the country and our new hero's (in the NHS), have their livelihoods squeezed so far over the past 10+ years by the Troy party ??
Statistics: Posted by wrencat1873 — Sun May 17, 2020 7:30 pm