Who is our next Prime Minister?

[Bradgate]

Hopefully, Keir Starmer.

[powerstroke]

Robertj21a said:

powerstroke said:

Derek Smith said:

Lannister902 said:

I really do think Corbyn would do a good job as PM!

Unless the tories stop their infighting and assume some semblance of unanimity, we'll find out if you're right soon enough.

yep ...
I think its almost a certainty , laughing all the way to number 10 is old gumage , clear your desks you chinless wonders you had your chance now its ours ...

It's just as well that you prefaced that with 'I think...........'. For a moment I was wondering if you had done any thinking at all.

'I think its almost a certainty....' - really ?

The only thing that's uncertain is how big a majority they will get unless the tories get May out and find someone with some leadership skills and a plan but most importantly who can think for themselves !!

[Robertj21a]

powerstroke said:

Robertj21a said:

powerstroke said:

Derek Smith said:

Lannister902 said:

I really do think Corbyn would do a good job as PM!

Unless the tories stop their infighting and assume some semblance of unanimity, we'll find out if you're right soon enough.

yep ...
I think its almost a certainty , laughing all the way to number 10 is old gumage , clear your desks you chinless wonders you had your chance now its ours ...

It's just as well that you prefaced that with 'I think...........'. For a moment I was wondering if you had done any thinking at all.

'I think its almost a certainty....' - really ?

The only thing that's uncertain is how big a majority they will get unless the tories get May out and find someone with some leadership skills and a plan but most importantly who can think for themselves !!

Fortunately, you are very deluded.

There's no certainty whatsoever - you clearly don't understand the reasoning behind who people vote for.

[KrazyIvan]

Lannister902 said:

I really do think Corbyn would do a good job as PM!

Leave it out, he barely does a good job as basic human let alone one with any kind of responsibility.

[Halb]

Lannister902 said:

I really do think Corbyn would do a good job as PM!

if he doesn't get assassinated by the CIA.

[djohnson]

A Corbyn government would be an absolute disaster for the UK and all in it (including The Many). His economic policies would cause business to exit and invest elsewhere, government debt to reach crisis levels, Sterling to plummet, unemployment inflation and interest rates to rocket and taxes to reach confiscatory levels especially as their desperation and need for cash grew as some of the other policies really started to bite. All that’s base on m what they say their policies are never mind the real Marxist agenda they’ll roll out once in power! For the good of the UK, keeping Corbyn out, ought to be the Tories number one goal, that they’re busy infighting infuriates me since they’re opening the door to that impending disaster that is a Corbyn government.

However despite the article in the Times this am I hope and pray it’ll never happen. A crisis GE in the near future might well see him in power. If this can be avoided (and it can) a change of Tory leader and a while for things to calm down might see a very different picture. If all was fair the boundary changes as well, albeit these are tough since labour won’t vote for them and it’d need many Tory MPs to fall on their sword to get them through. 2022 is a way away, a week is a long time in politics, over 3 years is a lifetime and the electorate forgets very quickly.

[Helicopter123]

djohnson said:

A Corbyn government would be an absolute disaster for the UK and all in it (including The Many). His economic policies would cause business to exit and invest elsewhere, government debt to reach crisis levels, Sterling to plummet, unemployment inflation and interest rates to rocket and taxes to reach confiscatory levels especially as their desperation and need for cash grew as some of the other policies really started to bite. All that’s base on m what they say their policies are never mind the real Marxist agenda they’ll roll out once in power! For the good of the UK, keeping Corbyn out, ought to be the Tories number one goal, that they’re busy infighting infuriates me since they’re opening the door to that impending disaster that is a Corbyn government.

However despite the article in the Times this am I hope and pray it’ll never happen. A crisis GE in the near future might well see him in power. If this can be avoided (and it can) a change of Tory leader and a while for things to calm down might see a very different picture. If all was fair the boundary changes as well, albeit these are tough since labour won’t vote for them and it’d need many Tory MPs to fall on their sword to get them through. 2022 is a way away, a week is a long time in politics, over 3 years is a lifetime and the electorate forgets very quickly.

Project Fear.

Bring it on I say, let's create a country that operates to the benefit of the many rather than the few.

[djohnson]

Helicopter123 said:

djohnson said:

A Corbyn government would be an absolute disaster for the UK and all in it (including The Many). His economic policies would cause business to exit and invest elsewhere, government debt to reach crisis levels, Sterling to plummet, unemployment inflation and interest rates to rocket and taxes to reach confiscatory levels especially as their desperation and need for cash grew as some of the other policies really started to bite. All that’s base on m what they say their policies are never mind the real Marxist agenda they’ll roll out once in power! For the good of the UK, keeping Corbyn out, ought to be the Tories number one goal, that they’re busy infighting infuriates me since they’re opening the door to that impending disaster that is a Corbyn government.

However despite the article in the Times this am I hope and pray it’ll never happen. A crisis GE in the near future might well see him in power. If this can be avoided (and it can) a change of Tory leader and a while for things to calm down might see a very different picture. If all was fair the boundary changes as well, albeit these are tough since labour won’t vote for them and it’d need many Tory MPs to fall on their sword to get them through. 2022 is a way away, a week is a long time in politics, over 3 years is a lifetime and the electorate forgets very quickly.

Project Fear.

Bring it on I say, let's create a country that operates to the benefit of the many rather than the few.

Thanks for your comment comrade.

There would definitely more more equality under Corbyn, it’s just that’d manifest itself in us all been equally fked.

[Helicopter123]

djohnson said:

Helicopter123 said:

djohnson said:

A Corbyn government would be an absolute disaster for the UK and all in it (including The Many). His economic policies would cause business to exit and invest elsewhere, government debt to reach crisis levels, Sterling to plummet, unemployment inflation and interest rates to rocket and taxes to reach confiscatory levels especially as their desperation and need for cash grew as some of the other policies really started to bite. All that’s base on m what they say their policies are never mind the real Marxist agenda they’ll roll out once in power! For the good of the UK, keeping Corbyn out, ought to be the Tories number one goal, that they’re busy infighting infuriates me since they’re opening the door to that impending disaster that is a Corbyn government.

However despite the article in the Times this am I hope and pray it’ll never happen. A crisis GE in the near future might well see him in power. If this can be avoided (and it can) a change of Tory leader and a while for things to calm down might see a very different picture. If all was fair the boundary changes as well, albeit these are tough since labour won’t vote for them and it’d need many Tory MPs to fall on their sword to get them through. 2022 is a way away, a week is a long time in politics, over 3 years is a lifetime and the electorate forgets very quickly.

Project Fear.

Bring it on I say, let's create a country that operates to the benefit of the many rather than the few.

Thanks for your comment comrade.

There would definitely more more equality under Corbyn, it’s just that’d manifest itself in us all been equally fked.

Faced with political reality, and the civil service, a Corbyn government won't fee much different to any other Labour government.

A little more tax to pay for better public services.

We won't turn into Venezuela overnight.

[DaveTheRave87]

Jacob Rees Mogg.

[djohnson]

Helicopter123 said:

Faced with political reality, and the civil service, a Corbyn government won't fee much different to any other Labour government.

A little more tax to pay for better public services.

We won't turn into Venezuela overnight.

I wish I shared that view. I agree that Mitterrand in the 80s did moderate his approach after a couple of years. However whilst they’re currently trying to present themselves as being more moderate, most of the opposition front bench have held some pretty extreme left wing views for their entire careers. The shadow chancellor is, beyond any doubt, a Marxist and they’re set on some sort of alternative to capitalism. This is very very different to the more centralist ‘blue labour’ approach of Blair etc who recognised business as the engine of the economy. I see no reason why they’d switch to this position when they got elected. Yes they’ll have to deal with the civil service but they advise they don’t direct. Corbyn and McDonnell either don’t understand or don’t wish to understand economic reality now, I doubt the civil service explaining it to them will change their view quickly. In short, if elected, this lot will have an attempt at some form of fundamental change, yes ultimately economic reality may rein them in but they will have done some real long term damage by then. I may be wrong but I don’t think I am and I pray we never have to find out.

[Helicopter123]

djohnson said:

Helicopter123 said:

Faced with political reality, and the civil service, a Corbyn government won't fee much different to any other Labour government.

A little more tax to pay for better public services.

We won't turn into Venezuela overnight.

I wish I shared that view. I agree that Mitterrand in the 80s did moderate his approach after a couple of years. However whilst they’re currently trying to present themselves as being more moderate, most of the opposition front bench have held some pretty extreme left wing views for their entire careers. The shadow chancellor is, beyond any doubt, a Marxist and they’re set on some sort of alternative to capitalism. This is very very different to the more centralist ‘blue labour’ approach of Blair etc who recognised business as the engine of the economy. I see no reason why they’d switch to this position when they got elected. Yes they’ll have to deal with the civil service but they advise they don’t direct. Corbyn and McDonnell either don’t understand or don’t wish to understand economic reality now, I doubt the civil service explaining it to them will change their view quickly. In short, if elected, this lot will have an attempt at some form of fundamental change, yes ultimately economic reality may rein them in but they will have done some real long term damage by then. I may be wrong but I don’t think I am and I pray we never have to find out.

You might see an attempt to nationalise certain industries, like rail and utilities, but these have been in and out of public ownership over the years. They are also failing to deliver on many (but not all) measures. Taxes will go up, and money will be spent on the NHS and education. It's not really that scary?

[s2art]

Helicopter123 said:

You might see an attempt to nationalise certain industries, like rail and utilities, but these have been in and out of public ownership over the years. They are also failing to deliver on many (but not all) measures. Taxes will go up, and money will be spent on the NHS and education. It's not really that scary?

Its very scary. They have stated that they will borrow (or print) something like half a trillion to create this socialist dreamworld.

[djohnson]

s2art said:

Its very scary. They have stated that they will borrow (or print) something like half a trillion to create this socialist dreamworld.

It’s a trillion!

[Helicopter123]

djohnson said:

s2art said:

Its very scary. They have stated that they will borrow (or print) something like half a trillion to create this socialist dreamworld.

It’s a trillion!

QE, a tool first deployed by the fiscally respected tories?

How has borrowing moved post the financial crisis?

Was either an economic disaster?

[andy_s]

djohnson said:

s2art said:

Its very scary. They have stated that they will borrow (or print) something like half a trillion to create this socialist dreamworld.

It’s a trillion!

Jam today with added bonus that when it all falls apart and the Conservatives get back in and have to reign it all back through #AusterityII the next line of Marxists will have something juicy to complain about...and so it goes.

[s2art]

djohnson said:

s2art said:

Its very scary. They have stated that they will borrow (or print) something like half a trillion to create this socialist dreamworld.

It’s a trillion!

oh st!

[s2art]

Helicopter123 said:

djohnson said:

s2art said:

Its very scary. They have stated that they will borrow (or print) something like half a trillion to create this socialist dreamworld.

It’s a trillion!

QE, a tool first deployed by the fiscally respected tories?

How has borrowing moved post the financial crisis?

Was either an economic disaster?

Of course it was an economic disaster, the QE just made it survivable. Add another trillion to the existing debt and its goodnight vienna.

[djohnson]

Helicopter123 said:

djohnson said:

Helicopter123 said:

You might see an attempt to nationalise certain industries, like rail and utilities, but these have been in and out of public ownership over the years. They are also failing to deliver on many (but not all) measures. Taxes will go up, and money will be spent on the NHS and education. It's not really that scary?

Ok let me try and give you more of my view point.

1. Business today is far more internationally portable than ever it was. Our level of connectivity means that business functions can easily be split around the world (many people reading this will no doubt work for businesses with shared service centres in distant locations). They plan to tax business more, they plan to take 10% of the equity of every business employing more than 250 people. They are perceived as generally hostile to business. Like it or not, tax is a cost of doing business and lower tax rates attract business, higher tax rates have the opposite affect. In a post Brexit world raising business taxation is the worst thing you can do. Taking 10% of the equity will terrify business and massively impact investment decisions. We’d see business and investment wanting to leave the UK. Some businesses can relocate all or some of the functionality relatively quick eg shared service functions as above. Others will take longer eg manufacturing facilities and in reality it’d scare of new investment in long term facilities. For these reasons we see the Laffer relationship - higher tax rates reduce tax take. How does a labour government respond? Probably by nationalising more to ‘protect jobs’. See below.

2. It’s pretty easy to see that the above will increase unemployment. It will also reduce demand for £ and hence Sterling falls in value. This helps exporters but makes our inbound goods more expensive - we import inflation.

3. They have spending commitments of 1,000 billion (including nationalisation). I suspect reality would be higher. I forget what current government borrowing is exactly but it’s around 1,500 billion which is about 85% of GDP (pre the 2008 crisis it was sub 40%). Apologies if numbers not quite right but the broad picture is. Current levels are pretty high, to make then 2/3 higher again is utterly unsustainable. Like any other debt the more you borrow the higher the rate. This pushes interest rates up (as does the desire to control a the inflation referred to above). It’s entiry unclear how this level of debt could / would be serviced by the Labour government (and remember the last true socialist government in the UK had to go to the IMF for a bail out on 1976). As this debt pile builds and the risk and rate increases they get more desperate for cash and watch tax rates shoot up even further (remember top rate of tax hit 98% in the 70s).

4. The sums don’t add up. They take about taxing the rich and companies and spending. However even the institute for fiscal studies concluded that the sums in the Labour manifesto didn’t add up and they had billions of committed spending over and above the additional tax take from rate increases. See above.

5. High taxes are a disincentive to start businesses and to work. The (skilled) workforce is more internationally mobile than ever and will leave if taxes go up too far.

I could go on.

[djohnson]

Helicopter123 said:

djohnson said:

s2art said:

Its very scary. They have stated that they will borrow (or print) something like half a trillion to create this socialist dreamworld.

It’s a trillion!

QE, a tool first deployed by the fiscally respected tories?

How has borrowing moved post the financial crisis?

Was either an economic disaster?

Borrowing at high bit just about sustainable levels post 2008. No way will markets tolerate a further 1000 billion. See my other post