The New Iron Lady

[superfeathers]

Re: The New Iron Lady

Considering that in her first proper week in charge she's crippled the economy, I'm not going to hold my breath for an improvement.
I think it's more a matter of watching and waiting to see what depths that she will plummet the party to, before they descend into the further chaos of another confidence vote. Hopefully they do that before too much damage is done.
I guess once that happens and they get someone competent (Rishi and Javid seem the only candidates), they will recover somewhat, but not to the level of being capable of winning an election anytime soon.

[Rjk]

Re: The New Iron Lady

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interesting chart that shows why the Tories are hemorrhaging support at the moment, they have lurched further away from the values of their core support. this is what happens when the extremes in your party get their hands on the tiller.

[JamesWales]

Re: The New Iron Lady

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interesting chart that shows why the Tories are hemorrhaging support at the moment, they have lurched further away from the values of their core support. this is what happens when the extremes in your party get their hands on the tiller.

Where did that chart come from!?

[Rjk]

Re: The New Iron Lady

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interesting chart that shows why the Tories are hemorrhaging support at the moment, they have lurched further away from the values of their core support. this is what happens when the extremes in your party get their hands on the tiller.

it also has the current Tory as the most economically right wing party in any country. leapfrogging the republican party and bolsonaro.

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[Wales-Bales]

Re: The New Iron Lady

Considering that in her first proper week in charge she's crippled the economy, I'm not going to hold my breath for an improvement.

The pound is back to where it was a week ago, so could it have been a planned event? We'll see if there is a repeat performance, because it will need more fear to destroy the existing currency and replace it with digital.

[JamesWales]

Re: The New Iron Lady

it also has the current Tory as the most economically right wing party in any country. leapfrogging the republican party and bolsonaro.

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Yeah, who on earth came up with that?! They are literally about to give £400 to every household to mitigate for rising prices within the energy market. It absolutely is NOT free market economics, let along economic 'far right'. I agree they are firmer believers in free market economics than Johnson, but still.. (which interesting dont fit on the far-right scale at all. What we call the far-right are nearly always believers in state intervention)

[Dorcus]

Re: The New Iron Lady

In a basic reply to Truss being a new Iron Lady we will find out soon she needs to prove she ain't for turning , I note the glee from Labour about the chaos ..

Pity the BOE was so late to the party of rate rises and wrongely assuming inflation was temporary , that mistake was seen accross many other European banks . ..

My gut feeling this chaos was planned .. it's happened before .

I remember intrest rares at 9% .

With multiple strikes taking place its good to see they can afford lesser pay.

I've read this four times and still can't understand your drift. Could you please try to elucidate in simpler language for us lesser folk?

[Canton Kev]

Re: The New Iron Lady

I've read this four times and still can't understand your drift. Could you please try to elucidate in simpler language for us lesser folk?

ThE GrEAt REsEt

[Eric Cartman]

Re: The New Iron Lady

I think the 33% lead is probably an outlier - two more since put it at 21% and 20%; still massive, well above the 6-10% lead of the week before and well above the lead in the last months of Johnsons reign.

https://en.wikipedia.org/wiki/Next_United_Kingdom_general_election

The last week will go down as how not to manage a budget that contained in all honestly only moderately controversial issues - the market was (is) properly spooked. Strikes me the absence of OBR involvement and going well beyond what they promised, alongside a general feeling of rushing and of course more borrowing created the big issue. The interviews yesterday were also a textbook mistake. There may be a benefit in talking to 'local markets' on the radio but yesterday wasn't it. In doing several 5 minute interviews she set herself up for a fall. One longer one would have made more sense. There was good economic data this morning (GDP in Q2 revised up, current account not as bad as expected, business investment up more than expected) and the market is already returning to some normality - what happens in the longer term remains to be seen.

Labour had a good conference. Really, they just need to keep their nose clean and they will probably win the next general election even if it isn't for another two years or more. If there was an election tomorrow I would vote Labour. But there isn't one tomorrow..

There is every chance that the policies announced will work economically and Labour will need to consider that. It is also a fact, whether you guys like it or not, that every western (especially European) country really is going through very severe economic issues, sometimes slightly different to our own, sometimes the same..sometimes slightly worse, sometimes slightly better. Until Ukraine is sorted, nothing is sorted.

We are in very choppy waters and that undoubtedly benefits the opposition, just as it benefits pretty much every opposition party in the world. Combine that with a detoxified Labour Party, who are now seen as more economically competent and with a likeable leader and you have all the hallmarks of Labour retaining their lead.

That said, I reiterate, IMO there is every chance these economic changes work and I do think this 33% poll is a low point, not the norm.

The issue for the Tories is, 'its not what you know, it's what you can prove in court'. The next few years are going to be noticeably shit for 80+% of the population whether the Tory policies have their desired effect or not. I can't see truss winning an election on 'look we stimulated less of a recession than their would have been' while people are losing their homes and livelihoods.

The big mistake was the 45% rate, it has set her in stone in the eyes of public as somebody who isn't on their side.

I think labours messaging of partnering with business but holding it to account (and retaining a stake in the output) is exactly how almost everybody in this country thinks it should be run.

[Wales-Bales]

Re: The New Iron Lady

ThE GrEAt REsEt

It will succeed not because it's architects are CLeVeR, but because people are so STuPiD

[Eric Cartman]

Re: The New Iron Lady

it also has the current Tory as the most economically right wing party in any country. leapfrogging the republican party and bolsonaro.

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I think that means we are allowed to say far right now (probably need to qualify it with 'economically' until next week when they start murdering protesters)

[Eric Cartman]

Re: The New Iron Lady

I've read this four times and still can't understand your drift. Could you please try to elucidate in simpler language for us lesser folk?

It doesn't matter, he's Wales bales problem now, full custody.

[Wales-Bales]

Re: The New Iron Lady

I've read this four times and still can't understand your drift. Could you please try to elucidate in simpler language for us lesser folk?

It seemed pretty coherent to me.

[JamesWales]

Re: The New Iron Lady

I think that means we are allowed to say far right now (probably need to qualify it with 'economically' until next week when they start murdering protesters)

It's a ridiculous chart. There isn't really 'far-right' economics. 'far-right' parties are usually as pro state-intervent as left-wing parties.

Far-right economics, if such a thing exists (we would normally call it liberal) would be all about flat rates of tax at very low levels, zero-market intervention and things like that. That most definitely is not what is happening, even if it could be considered a small step in that direction, which is debatable..like I said, borrowing to give everyone £400 to mitigate the costs of the energy market isn't a move in that direction at all.

It's a bizarre and inaccurate chart

[Wales-Bales]

Re: The New Iron Lady

It doesn't matter, he's Wales bales problem now, full custody.

You got tossed a bone and then you spent the whole week licking the thing