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Tag Archives: Recession

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Grassroots shoots

Don Adamson writes in his inimitable style from Yorkshire.

This week’s quotes: “Thick Lizzie is putting herself in a dangerous position … least experienced cabinet team the UK has had for decades (Comment after 12 years in office) … she will need every bit of Civil Service buy in she can get …Any efforts to introduce yes men will just drain the Civil Service of competent staff …  … when Jacob Rees Mogg was supposedly in charge of public sector efficiency … incessantly wailing about civil servants not being at their desks while failing to notice that due to sell off of buildings there were not enough desks for civil servants to be at … Thick Lizzie’s moves are fundamentally unfair …  crisis in the National Health Service is well known …  calls for an independent enquiry (Comment: in Booming Brexit Britain an ‘independent enquiry is one that obeys Rupert Murdoch’s orders) … services unsafe as doctors struggle with huge workloads … no hope of building the promised 48 new hospitals … new Chancellor has admitted that any gas produced by fracking would not reduce costs for UK consumers … If he does not understand measures in his own price package what hope is there? …24 hours is maximum waiting time to file past body of the Queen … 40 hours waiting time endured by woman needing ambulance and hospital treatment … Thick Lizzie’s rusty Reaganomics … transplanting a 40 year old economic policy from USA to UK will not work … President brushed aside the contradictions … Thick Lizzie’s attempts to emulate the Gipper’s success is doomed …  Thick Lizzie’s cheerleaders have read only the first part of the history of Reagonomics …  early record was mixed … did not stop a recession … inflation rose … the result will be more conflict between monetary and fiscal policy … risk that inflation becomes entrenched … business leaders are warming to Labour … businesses despair of the Tory Party … after 12 years in office and four radically different PMs the Tories can hardly promise that Johnson’s tenure was especially shambolic … a suspicion that policy is being driven by ideological reflexes … Thick Lizzie’s approach worries firms … as for Jacob Rees-Mogg as business secretary, ‘I could think of a worse choice but you would have to give me an hour … NHS treats its workers so badly they are leaving … struggle to plan holidays … it is bonkers … the whole kit and caboodle of NHS employment is utterly Kafkaesque … working in an organisation that is indifferent to their needs … NHS can be a strikingly uncaring employer … The city is fighting to carve out a post Brexit role … 7,000 jobs, and £1.3Trillion of assets were lost from a sector that employs 1.1m … international firms opening a European hub prefer Amsterdam or Luxembourg … LSE’s importance as an equity hub has dwindled … in 2006 it raised 18% of global capital … in the first half of 2022 less than 1% … A wholesale repeat of the City’s post war reinvention remains out of reach …  boosting the economy while ignoring environmental harm would be bonkers … keeping the heat on has replaced flying as an aspiration … Politicians of all stripes console themselves with the thought that Brits voted to leave the EU because they were misled by other, less upstanding politicians. ‘Nobody voted to be poorer’ runs the refrain. A scarier possibility is that people knew perfectly well what they voted for. Brexit will create a smaller economy but voters did not care … Thick Lizzie resembles a neo-liberal Kamikaze pilot, prepared to blow herself up for her cause …. The mad scientists … an experiment to test the riskiest of trickle down fantasies … It seems we have been misled … all we have needed all along was for the government to give vast amounts of money to the rich and wait for it to somehow boost the economy …Established economic theories and fact based research have disappeared a naysayer in a photograph of Stalin … all previous Tory governments have been left wing dupes … how doing nothing is supposed to increase growth is a mystery … this government will just find the money elsewhere …  many things about this budget do not make sense … will cost the treasury a fortune … no additional growth, just a lower tax take … Cutting red tape is a right wing panacea, the kind prompted by snake oil sellers … the details are shocking … Justice system, social care, ambulance services and NHS are already on their knees … none of these measures likely to increase growth at all … a right wing wet dream … without even a semblance of an effort to make the numbers add up, no  wonder the Office for Budget Responsibilities has been gagged … terrible news for those with mortgages (Comment: Daily Mail readers will love that) … right wing commentators in the press are praising it to the skies, but ignore these and read their financial pages instead … a right wing fantasy, an ideologically driven experiment to stuff the mouths of the rich with gold … it is betting with borrowed money that nobody knows how to repay … schoolboy errors … put the UK economy at risk … Kwarteng has always been a high risk appointment … too casual … too enamoured of his own intellect … a cabinet determined by loyalty to Truss rather than competence … in the space of four days three decades of sound economic management have gone up in smoke … pound suffered a rout … cartoon Thatcherism … Millwall strategy (no one likes us, we don’t care) is hardly a serious approach … Kwarteng, like the Bourbons has learned nothing and forgotten nothing …  betrayed weakness not strength …,It is a fantasy to pretend that Britain can ignore the trend … a grab bag of ideas, poorly presented …it makes you wonder if Thick Lizzie is an undercover agent for the Bring Back Boris campaign … smug, cruel, arrogant, know it all ideologies …f*** the lot of you … failings of a wasted decade … sounds like insider trading … if it had happened under a Labour government the papers would have played merry hell … the money markets have made it clear they have no faith in Trussonomics … detestable characters in the Johnson resignation honours list … there are claims that Nadine Dorries knowingly misled Parliament …

Pip Pip             Medway Delta (Retired)           Saboteur and Brexorcist First Class 

Editor’s footnote: since Don wrote this, another Tory MP has been fired …

Carrie on Camping

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BREXCESSION

Not only does the UK have the “best” deaths from COVID of the G7 countries. We now have the deepest recession in Europe. Boris Johnson is mystified as to why, but we here at Let’s Re-Boot Britain can help – the UK’s resilience is at an all time low due to four years of Brexit decline. It’s time to boot Brexit and build a better Britain in a better Europe.

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