Member Info for Gate13Boy

The envy of socialism laid bare.

Spoken like a true socialist 😂 Wealth taxes don’t work. They’ve been tried in many countries. People just vote with their feet and you lose their tax rake completely. The number of millionaires leaving the country since Labour took over should be a clue for you…..

Quite Bloomers.

Inflation was at 2% when Labour won the election and growth was booming so I would dispute that the economy was fragile. The Tories weren’t perfect by any means with the constant changes of leadership and the COVID misdemeanours but they’re a damn site better than your Labour rabble. Just about every economic indicator is going the wrong and Reeves and Starmer have trashed the economy in just a year with more pain to come. Keep defending them, it’s hilarious.

You’re obviously a leftie who doesn’t like Labour being slated for the shambles they are. You’ve even quoted where base rates were yourself over the years 🤣 If you can’t accept inflation and base rate rises were global issues you need to do do a bit more reading.

Brexit which you voted for too.

As I remember asimpleinvestor, inflation was less than 2% and base rates under 1% for a long time under the Tories until Covid and the Ukraine war came along. Hardly mismanagement.

You asked me why inflation and interest rates went up under the Conservatives. I answered. A bit surprised you didn’t seem to know these were global issues to be honest.

There was also a number of supply side issues during COVID which was a world wide phenomenon not just UK related and then Putin invaded Ukraine causing energy prices to rise throughout the world.

Asimpleinvestor,

Where were you during during COVID ? Inflation and interest rates went up all over the world 🙄

Mel Stride has summed it up succinctly:-

“ Interest rates should be falling faster, but Labour’s Jobs Tax and high borrowing have seen inflation almost double.

Rates are only coming down now to support the weak economy Rachel Reeves has created. And yet she is planning to do yet more damage with tax rises in the autumn.”

Yes as expected. Insanity with inflation on the rise.

“One of the UK’s largest oil and gas companies has seen a $1.6bn profit shrivel to a $174m loss thanks to Labour’s windfall tax on fossil fuel producers.

Habour Energy reported an increase in its tax expenses to $1.8bn in the first half of the year, up from $335m compared to the same period a year earlier.

Its reported effective tax rate was 111pc, Harbour Energy said.”

Bloomers, Labour didn’t even inherit a £22bn black hole. £9.4bn of that amount was the inflation busting pay rises they handed over to the public sector over and above the 2% the Tories had budgeted to give them.

Liebour are an absolute disgrace.

Another trolling thread by the resident 🤡 aimed at winding people up. He only wants wealth distribution because he’s not got any of his own and has freeloaded all his life off others 🙄

Made my blood boil yesterday listening to Starmer trying to claim credit for interest rates coming down. What a desperate PM he is. The only reason they’re coming down is due to negative growth and rising unemployment. He must think we’re all stupid. The Bank of England have shamelessly abandoned their 2% inflation mandate.

What a mess.

DCB,

Did you really come on here at 04.25am to post that pointless article ?

The latest own goal 🤣

STP under one his previous aliases DeadCatBounce talked about nothing but Brexit for years and now promotes Jeremy Corbyn’s new party. What a hypocrite 🤡

Will be more than happy to be miles out this year with my prediction. Amongst all your faults STP and there are a multitude of them, you did cough up for the charity unlike your strange bedfellow Brixton.

Be lovely to see Lloyds over £1 by the year end 🤞

My money is on there will be one to help this appalling Labour Government out of the hole they dug themselves in last October’s budget.