- Joined
- Mar 31, 2005
So standing back, putting in place my tin foil hat, one would assume we have a battle going on, not just here in the UK, but the US and elsewhere. A battle between the globalists and nationalists.
I really do not know what to make about this whole WEF global conspiracy.
As far as the UK is concerned I just think this Government is run by Corbyn in a suit and cleanly shaved ie Starmer.
They are acting like how my parents and those of their generation always used to speak about the Labour Govt of Wilson and Callaghan, which helped Thatcher come to power.
Between 74 - 79, the UK was in turmoil. We had three day weeks, strikes galore and the economy sinking faster than the Titanic.
It is clear that this Labour Govt with the comfort of that massive seat majority have shed their sheep clothing straightaway.
This budget was the politics of envy at work. Beforehand giving in to the demands of the Unions and approving the inflation busting pay rises that they had wanted. Yet the private sector and millions of small businesses are set to pay.
I was speaking to a friend last night who is the MD of a small to medium size retailer. The Employers NI Threshold cut and rate increase, is alone going to cost them overnight £50k a year. Then there is the minimum wage increase.
All this will do will ensure they are unlikely to create new positions and also possibly force them to let some people go. This will be mirrored up and down the country.
Indeed the so called £25bn that Rachel Thieves hopes this measure will raise, is likely to be half of that amount as a result.
Costs incurred by businesses by just the Employer's NI changes will no doubt be passed on to us, the public.
Honestly and certainly based on how the markets have reacted, this budget is not far off in terms of damage it will cause, to Liz Truss's infamous mini budget.
I really do not know what to make about this whole WEF global conspiracy.
As far as the UK is concerned I just think this Government is run by Corbyn in a suit and cleanly shaved ie Starmer.
They are acting like how my parents and those of their generation always used to speak about the Labour Govt of Wilson and Callaghan, which helped Thatcher come to power.
Between 74 - 79, the UK was in turmoil. We had three day weeks, strikes galore and the economy sinking faster than the Titanic.
It is clear that this Labour Govt with the comfort of that massive seat majority have shed their sheep clothing straightaway.
This budget was the politics of envy at work. Beforehand giving in to the demands of the Unions and approving the inflation busting pay rises that they had wanted. Yet the private sector and millions of small businesses are set to pay.
I was speaking to a friend last night who is the MD of a small to medium size retailer. The Employers NI Threshold cut and rate increase, is alone going to cost them overnight £50k a year. Then there is the minimum wage increase.
All this will do will ensure they are unlikely to create new positions and also possibly force them to let some people go. This will be mirrored up and down the country.
Indeed the so called £25bn that Rachel Thieves hopes this measure will raise, is likely to be half of that amount as a result.
Costs incurred by businesses by just the Employer's NI changes will no doubt be passed on to us, the public.
Honestly and certainly based on how the markets have reacted, this budget is not far off in terms of damage it will cause, to Liz Truss's infamous mini budget.