General Election

[danumdon]

So what caused that inflation, and what will Starmer do about it?

By far the largest cause of inflation was Putin and his war in Ukraine.

Six months before the invasion he stated restricting the supply of gas in to Europe. gas prices exploded. Kwarteng had to bailout the UK CO2 and fertilizer industry.

Since then gas prices have peaked but are still much higher than we were used to.

Is it Sunaks fault? No. But he has still tried to take the credit for lowering inflation despite the fact it had nothing at all to do with him or the government

So the years of QE and the ridiculously low interest rates had nothing to do with it?

Coupled with a society that also has to have everything on credit means that eventually the bills had to be squared up and dealt with.

[River Don]

So what caused that inflation, and what will Starmer do about it?

By far the largest cause of inflation was Putin and his war in Ukraine.

Six months before the invasion he stated restricting the supply of gas in to Europe. gas prices exploded. Kwarteng had to bailout the UK CO2 and fertilizer industry.

Since then gas prices have peaked but are still much higher than we were used to.

Is it Sunaks fault? No. But he has still tried to take the credit for lowering inflation despite the fact it had nothing at all to do with him or the government

So the years of QE and the ridiculously low interest rates had nothing to do with it?

Coupled with a society that also has to have everything on credit means that eventually the bills had to be squared up and dealt with.

What do you reckon would have happened to a desperately fragile economy without QE to prop it up?

Tighten the brakes into a desperately slow economy and...

[danumdon]

So what caused that inflation, and what will Starmer do about it?

By far the largest cause of inflation was Putin and his war in Ukraine.

Six months before the invasion he stated restricting the supply of gas in to Europe. gas prices exploded. Kwarteng had to bailout the UK CO2 and fertilizer industry.

Since then gas prices have peaked but are still much higher than we were used to.

Is it Sunaks fault? No. But he has still tried to take the credit for lowering inflation despite the fact it had nothing at all to do with him or the government

What do you reckon would have happened to a desperately fragile economy without the QE to prop it up?

So the years of QE and the ridiculously low interest rates had nothing to do with it?

Coupled with a society that also has to have everything on credit means that eventually the bills had to be squared up and dealt with.

A great many economists stated that it was allowed to continue for too long.

[BillyStubbsTears]

So why was it his fault when inflation went higher?

It wasn't

It wasn't Sunak's fault.

Inflation was inevitable as we came back to normality after COVID and as Putin waged economic war on the West.

Neither of those were the fault of the Tories.

But the madness of the Kamikwaze Budget unquestionably added fuel on the inflationary fires and meant we needed higher interest rates for longer than most competitors to get inflation back down. And many economic experts are saying there's a strong chance of inflation rising again in Britain later this year, no matter who wins the Election.

[BillyStubbsTears]

So what caused that inflation, and what will Starmer do about it?

By far the largest cause of inflation was Putin and his war in Ukraine.

Six months before the invasion he stated restricting the supply of gas in to Europe. gas prices exploded. Kwarteng had to bailout the UK CO2 and fertilizer industry.

Since then gas prices have peaked but are still much higher than we were used to.

Is it Sunaks fault? No. But he has still tried to take the credit for lowering inflation despite the fact it had nothing at all to do with him or the government

What do you reckon would have happened to a desperately fragile economy without the QE to prop it up?

So the years of QE and the ridiculously low interest rates had nothing to do with it?

Coupled with a society that also has to have everything on credit means that eventually the bills had to be squared up and dealt with.

A great many economists stated that it was allowed to continue for too long.

A small number of right wing economists say that.

They were saying it for 15 years after the GFC led to the need for QE and low interest rates and they were consistently wrong.

[danumdon]

So what caused that inflation, and what will Starmer do about it?

By far the largest cause of inflation was Putin and his war in Ukraine.

Six months before the invasion he stated restricting the supply of gas in to Europe. gas prices exploded. Kwarteng had to bailout the UK CO2 and fertilizer industry.

Since then gas prices have peaked but are still much higher than we were used to.

Is it Sunaks fault? No. But he has still tried to take the credit for lowering inflation despite the fact it had nothing at all to do with him or the government

What do you reckon would have happened to a desperately fragile economy without the QE to prop it up?

So the years of QE and the ridiculously low interest rates had nothing to do with it?

Coupled with a society that also has to have everything on credit means that eventually the bills had to be squared up and dealt with.

A great many economists stated that it was allowed to continue for too long.

A small number of right wing economists say that.

They were saying it for 15 years after the GFC led to the need for QE and low interest rates and they were consistently wrong.

You forgot to add "in your opinion"

[River Don]

So why was it his fault when inflation went higher?

It wasn't

It wasn't Sunak's fault.

Inflation was inevitable as we came back to normality after COVID and as Putin waged economic war on the West.

Neither of those were the fault of the Tories.

But the madness of the Kamikwaze Budget unquestionably added fuel on the inflationary fires and meant we needed higher interest rates for longer than most competitors to get inflation back down. And many economic experts are saying there's a strong chance of inflation rising again in Britain later this year, no matter who wins the Election.

Inflation is highly likely to rise later in the year as low inflation numbers fall out of the equation and new higher figures appear.

It's probably why Sunak called the election now. This is about as good as inflation will be in the next 6 months at least

[BillyStubbsTears]

So what caused that inflation, and what will Starmer do about it?

By far the largest cause of inflation was Putin and his war in Ukraine.

Six months before the invasion he stated restricting the supply of gas in to Europe. gas prices exploded. Kwarteng had to bailout the UK CO2 and fertilizer industry.

Since then gas prices have peaked but are still much higher than we were used to.

Is it Sunaks fault? No. But he has still tried to take the credit for lowering inflation despite the fact it had nothing at all to do with him or the government

What do you reckon would have happened to a desperately fragile economy without the QE to prop it up?

So the years of QE and the ridiculously low interest rates had nothing to do with it?

Coupled with a society that also has to have everything on credit means that eventually the bills had to be squared up and dealt with.

A great many economists stated that it was allowed to continue for too long.

A small number of right wing economists say that.

They were saying it for 15 years after the GFC led to the need for QE and low interest rates and they were consistently wrong.

You forgot to add "in your opinion"

No. Not in my opinion.

In the fact that they consistently claimed that QE and low interest rates would, by themselves, lead to runaway inflation.

They didn't.

[BillyStubbsTears]

So why was it his fault when inflation went higher?

It wasn't

It wasn't Sunak's fault.

Inflation was inevitable as we came back to normality after COVID and as Putin waged economic war on the West.

Neither of those were the fault of the Tories.

But the madness of the Kamikwaze Budget unquestionably added fuel on the inflationary fires and meant we needed higher interest rates for longer than most competitors to get inflation back down. And many economic experts are saying there's a strong chance of inflation rising again in Britain later this year, no matter who wins the Election.

Inflation is highly likely to rise later in the year as low inflation numbers fall out of the equation and new higher figures appear.

It's probably why Sunak called the election now. This is about as good as inflation will be in the next 6 months at least

I think both those points are very likely true.

[Bentley Bullet]

But inflation is nowt to do with Sunak, so why will it affect his support?

[River Don]

But inflation is nowt to do with Sunak, so why will it affect his support?

It's just his bad luck to be in charge of the UK economy when it happened. Like when Gordon Brown was in charge when the financial crisis hit in 2008.

De facto it's Sunaks fault. Suck it up.

Heh, I'm only an idiot on a low league football forum so I can say the truth and it makes no difference at all.

And we can't ignore the fact that Sunak is claiming he controls inflation.

[SydneyRover]

And it's Sunak's bad luck that his party implemented no-deal brexit and had truss for a leader.

[ncRover]

But inflation is nowt to do with Sunak, so why will it affect his support?

It's just his bad luck to be in charge of the UK economy when it happened. Like when Gordon Brown was in charge when the financial crisis hit in 2008.

De facto it's Sunaks fault. Suck it up.

Heh, I'm only an idiot on a low league football forum so I can say the truth and it makes no difference at all.

And we can't ignore the fact that Sunak is claiming he controls inflation.

This.

The average voter thinks the government is responsible for a lot more than they actually are.

That was true in 2008 with Brown and it is true now.

[River Don]

And it's Sunak's bad luck that his party implemented no-deal brexit and had truss for a leader.

No Sunak can't escape the fact that the government he's been a part of, has got things wrong.

Look how much better the USA has coped under Biden in similar (not as bad but similar) circumstances.

[ncRover]

And it's Sunak's bad luck that his party implemented no-deal brexit and had truss for a leader.

No Sunak can't escape the fact that the government he's been a part of, has got things wrong.

Look how much better the USA has coped under Biden in similar (not as bad but similar) circumstances.

The USA has done better than all of Europe.

[River Don]

And it's Sunak's bad luck that his party implemented no-deal brexit and had truss for a leader.

No Sunak can't escape the fact that the government he's been a part of, has got things wrong.

Look how much better the USA has coped under Biden in similar (not as bad but similar) circumstances.

The USA has done better than all of Europe.

Yes because it is much less reliant on Russian gas, having it's own huge energy reserves.

The supply shock did still impact the US too though. Markets remain international but the shock wasn't so bad over there.

Switzerland coped a lot better too because they rely much more on hydro not gas.

[SydneyRover]

And it's Sunak's bad luck that his party implemented no-deal brexit and had truss for a leader.

No Sunak can't escape the fact that the government he's been a part of, has got things wrong.

Look how much better the USA has coped under Biden in similar (not as bad but similar) circumstances.

And if you go further back Austerity laid the foundations for a poor economy which cannot be ignored.

[River Don]

Fourteen years of stagnation. That's why the country feels like it's in decline because it is!

[SydneyRover]

Fourteen years of stagnation. That's why the country feels like it's in decline because it is!

The country has been run for 14+ years without thought for the future with growth and wages stifled, little maintenance on services. Now the push is to get those whom are ill and cannot get timely treatment back into the workforce or at least blame them for state of the economy.

[wilts rover]

Yet the country is richer than it ever has been but with that wealth distributed ever more unequally. The rich are growing richer and the poor getting poorer - and more numerous. Which was the plan of both austerity and Brexit.

Vote Tory

[River Don]

Yet the country is richer than it ever has been but with that wealth distributed ever more unequally. The rich are growing richer and the poor getting poorer - and more numerous. Which was the plan of both austerity and Brexit.

Vote Tory

As Gary Stevenson points out, the government paid everyone's wages through furlough. Without that business expense the super wealthy just raked it in.

Furlough had to happen but the government made no effort to claw some of those billions back from those who benefited.

This has turbo charged inequality and left the country with vast debts.

[IDM]

Not sure if this has been mentioned before, but all the Tories can do to discredit Labour is to make claims about what Starmer may or may not do - in the future.  Conjecture.

Labour has the advantage of highlighting Tory “achievements” over the last 14 years, which can be fact checked. 

Labour may or may not be any better, that remains to be seen.  But surely they can’t be any worse.

[Ldr]

https://www.bbc.co.uk/news/articles/ckmm6nexlngo

[Ldr]

Ed finally does something!!

https://www.bbc.co.uk/news/articles/c4nn23kz2meo

[BillyStubbsTears]

https://www.bbc.co.uk/news/articles/ckmm6nexlngo

What a farce. That ruling just opens up leafleting and posters to all sorts of abuse.

[i_ateallthepies]

Then the law needs tightening.

[drfchound]

https://www.bbc.co.uk/news/articles/ckmm6nexlngo

What a farce. That ruling just opens up leafleting and posters to all sorts of abuse.

That might be true but if it wasn’t illegal then there is no case to answer.

[i_ateallthepies]

Do you want to share your opinion, hound, on a public figure engaging in deliberate deception of the public with the intention of causing them mistakenly to vote for him?

[Bristol Red Rover]

Interesting to see the predicted Bristol anomally. The boundary was changed slightly which will have made some difference. At the recent council elections, all the seats in this area were Green.

[drfchound]

Do you want to share your opinion, hound, on a public figure engaging in deliberate deception of the public with the intention of causing them mistakenly to vote for him?

In my opinion, all politicians use anything they can get away with.