Labour minister grilled over Rachel Reeves' potential public sector cuts on morning round
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- Опубліковано 7 вер 2024
- Pat McFadden was out on the morning round today amid rumours the Chancellor will announce spending cuts to bridge a £20 billion black hole left by the Conservatives.
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I love how whenever there's something that's the tories fault, the media always tries to pivot it as a labour failing. Where was this scrutiny of the government when the tories were in power?
New Labour and the Tories have the same baseline approach lol.
This is social media. Clicks, likes, subscriptions. They all matter more than proper scrutiny.
Where was this scrutiny when the Institute for Fiscal Studies brought this up during the election AND the SNP brought it up numerous times during the leader panels.
It’s a Labour failing because the information was there, it was made public and Labour ignored it so they didn’t have to declare cuts in the run up to the election.
@@matthewevans107 The IFS knew so much about it that the Head of the IFS commented just this morning: "It is very striking that if this problem is about £20bn big that is exactly the scale of the NI cuts implemented by Jeremy Hunt just before the election... If those cuts were implemented in the knowledge that there was this kind of hole that is not good policy to put it mildly."
Does not really sound like someone who KNEW the hole existed.
@@matthewevans107 It's also worth noting that the Conservatives promised to pay for that NI reduction with public spending cuts if they won the election.
So, in some part I can agree with you that it was known, since even the Conservatives acknowledge they couldn't actually afford to provide the NI cut.
Get the dodgy ppe contract money back first then start taxing the ultra rich ..... people of this country have already had too many years of austerity because of the ultra rich, banks and government
And once the rich get up and move abroad,....what then?..🙄
@@roystonmarshall5027 Eat them.
@@roystonmarshall5027 If the rich would prefer to let their country slide further into dysfunction so they can protect their net worth, they don't deserve that net worth. Their wealth should simply be confiscated. It's time to stop being nice to the exploitative class.
@@roystonmarshall5027 Good thing that doesn't actually happen.
@@roystonmarshall5027 i'm sure their large homes could be seized in lieu of payment
The Tories people, the party of "economic restraint and competence". Never forgive and never forget what they have done
For you, not for us.
For sure , the hole pack of lies and thieves!
Won't forgive the labour austerity incoming either.
main parties are dead to me. Torys. Torys all the way. Being competently evil isn't good enough of a change for some people on the left. Even if it's apparently duped some of us 😂
@@Steven-ly9ei So your ex took a dump on the carpet and you're blaming your new partner for paying to have it cleaned up?
@@Jonnyonthespot123 They're cleaning it up by taking a bigger shit over it.
To break this down:
A) Jeremy Hunts NI cuts were a completely unfunded mess in fact they were likely supposed to come in for the Autumn budget with an Autumn election but they were made in april. They were completely uncosted and the government proceeded to take on hugely high interest debt as a result.
B) There is currently a 20 billion hole in public finance as a result so its simple, cuts, taxes or if you're torys ofc you get to dip into the Gilt market without criticism, obviously not labour though.
C) Because of said massively unfunded actions by the previous government was the main reason Starmer pulled back on spending pledges.
D) The media has continued to peddle the myth that labours pledge was ZERO tax increases when that was never a pledge the manifesto promise was no increases for average working people. The implication of course being "NO OUR POOR CORPORATIONS PAYING MORE TAX, LABOUR LIES GRRR!"
E) The pay body statement releases were way higher than expected about an extra 8 billion in spending if they're fulfilled. Plus the last year of strikes has hit the public sector hard, ps should be an inquest into how much was spent on private sector scabs because im pretty sure theres a scandal hiding in there.
F) Deficit spending from the pandemic is continuing to kick public finances ass because the tories had to take on high interest bonds and gilts because the normal avenues of debt were ran dry by their consecutive year on year deficit and subsequent demolition of british investment and industry.
If the media was an honesty based system without all the politics, you’d have a job!
@@Pippintheboy no, he'd make a good Labour HQ tea boy and fluffer.
C. You can't cut your way to growth. It's not a household budget, it's an economy.
Starmer is every bit the lying dishonest turd the tories are. His leadership campaign was a pack of lies. He had no intensions of spending because in reality he's another Thatcherite neoliberal and doesn't give a fcuk about public services, just as he doesn't give a fcuk about British kids in poverty or the daily slaughter of kids in Palestine.
@@Euro2024champs got a problem with facts feel free to bring it up at the Tory 2024 conference, where the other fact deniers will rally ;)
Bang on, great analysis
Oh! Won't someone think of the millionaires!😱😱😱
Those millionaires single handedly hold up de economy. If them lefties take control, you'll have Sovjet Britain and no bread. I mean, you dodged a bullit with that Commie Corbyn (it costed us a bloody fortune spreading all those lies!). Onwards together to the Neoliberal Utopean State!!!!
[sarcasm off]
They won't touch the rich, because most of them are millionaires or they are funded by millionaires!. Politicians are all the same no matter what side of the house they sit on.
And the media laughed along with the tories as the county went down the pan ...with brexit.
All we want is the NHS to work, our public services back on track and it would be nice if we could for once see those responsible for stealing billions from the public purse held accountable for their actions.
That, I'm increasingly afraid, is something that will take multiple terms without a Tory government.
As for action. It seems baked into the system that there's no retribution for the scale of dishonesty committed. Happy to be proved wrong, but it's too complex to pursue cases on this scale. Easier to go after multiple smaller amounts where the perpetrator doesn't have the mess of the law to hide behind.
@@DharricRolyatwe "JUST" want a multi trillion hole in the NHS fixed...
Not a fan of labour BUT leave labour alone. The Tories left the country into very very difficult position and we all know it, don’t we?
Why? Because they haven't had a turn? This is so absurd, if they're not on your side then they're not on your side.
EXACTLY WHAT BROWN did with OUR GOLD, Said this to A Labour Candidate A Doctor that came to MY Door, His answer He asked ME what i thought he sold it off for, I replied so He & His Cronies could make a Killing @ the Gold Exchange,, Dr said He sold the Gold to pay back the American WAR Debt we owed, I said When Gold was @ Rock Bottom, Dr said He Didn't Know what would Happen to Gold Value when He Sold it, I said When Anythings @ Rock Bottom there's Only 1 way it can Go & That's UP In Value .. even Doctors Can be gullible.
@@douglastodd1947the sale of the gold had to be announced ahead of time, as such it was shorted to oblivion so it could be bought up at rock bottom prices, look into it even a little bit and you’ll see that, despite being a bad idea, it was made substantially worse by wealthy bad actors fucking over the system to make a quick buck as per usual. Also, that gold then would be worth 32B now, just so happens to be the cost of only 1 of the Tories purposeful rapes of our country. Brown made a bad call that cost us, the Tories have religiously stolen vastly more from the entire country every day they’ve been in power.
So this is why Sunak was so insistent that Labour would be putting up people’s taxes, he knew exactly what state of countries finances really were. He also knew tories would lose and was laying foundations for this throw back accusations and so on.
This is not a labour problem but more of a Tory mess.
Classic frame job too
I would say certainly a true labour nobody should be surprised.
But labour knew this too. They lied so they could do what they are doing now.
@@heathermoore9892 wow delusional or what ? Labour dealing with problems left behind by tories is now Labours fault? Well I am surprised !!!
There's plenty of money. There's 165 billionaires in the UK. We need to TAKE their money. It's so simple.
Give it to the ones who never think of work, should suit the one sitting on the backsides.
@@heathermoore9892 you mean the aristocracy, the landed gentry and royal scum along with most of the wankers in the commons? All living on passive incomes.
Get a clue, Heather. And try some grammar.
Old saying I Have, Show me a Rich Man, I'll show You a Crook.
Half will leave, the other half will spend millions to destroy Labour, if only it was that easy.
@@mildlydispleased3221 . The ones that leave are no loss. They make their money fleecing the British public, by overcharging for capital assets that they got cheap from their mates in the Tory Party. They can't take those assets with them, so any profits should be taxed the same as any other capital gains.
Strict regulations to limit the amount of special interest money going to political campaigns should put at least a few parasitic lobbyists out of work. Shutting down the Tufton Street think-tanks would be a good policy.
Re-nationalise essential services like railways, water and energy. Then use the profits to improve services, pay decent salaries to properly trained staff, and invest for the future...instead of giving obscene payouts and bonuses to incompetent executives, stock buy-backs, and shareholder dividends.
These things only seem impossible when you only get your news from Tory apologists like Nick Ferrari, Fiona Bruce and Laura Keunssburg. Spread your information net a little wider and you'll see it's perfectly possible if you stop protecting tax-dodging billionaires.
These cuts were always going to happen regardless of who won. It was baked into public policy that at least 18bn in real terms would be cut from spending.
Only if your first priority is to allow the wealthy to get ever richer at the cost of everyone else.
Austerity is a choice. It's ALWAYS a choice.
Exactly, labour knew about this, they are lying to the public so they can spin the story
basically that last so called government should be in Jail, i wonder if we the public can petition for them to be prosecuted
Tax Wealth.
Let the scrounges sit on there backside waiting for hands out. .People who work don’t get wealthy Sitting on backsides
How??
@@JZTechEngineering land tax as an example. increase pension tax. or cut asylum costs, 10million pounds a day on housing people who haven't contributed. decrease NHS bureauocracy.
we are horrendously in debt, and the servicing of the debt costs are only getting worse.
Try assets ?
@@anthonylulham3473 how do you get the value of that land, what happens if someone can't pay that. Pension tax is really unpopular, we are cutting asylum costs but immigration is a net positive for the uk
No cuts. Just close the loop holes and tax the rich.
The country has record number of billionaires who could not spend their fortunes in 1000 lifetimes. Not restoring public services is an ideological choice. Billionaires first. 63,000,000 get the scraps.
The thing is most of them don't store it as cash. It is in the form of businesses and property. Valuing a business is fairly tricky, I have no idea how my accountant does it, but everyone would assume I have suitcases of cash hidden away (which would make for a very exciting life).
@@kynchan3332 I pay a wealth tax where I live. It's based on the value of my property, assets, investments and my business. It's not hard to set up rules for these things. The problem isn't the mechanics. Even if you undershoot the real values by 20-30%, a wealth tax is still capable of bringing in tens of billions.
The problem is the political will.
@@michaelrch What happens if you overshoot the value, what then? What happens if I saddle my business with debt how do you wealth tax that?
@@kynchan3332 you can appeal the numbers if you can prove they are wrong.
If the business isn't making money it's not going to have much value is it? And it wouldn't be the business paying the tax - it would be you.
And we are talking about assets in the 10s of millions if you use the Green Party proposal as a starting point for example.
Do you have assets over £10 million?
If you had say, £15 million you would pay £50k in tax. A 3% return on £15 million is £450k... so you still end up with asset growth of £400k. Not enough for you?
@@michaelrch The business is viable because its cash flow is high enough to cover the interest payments but the debt is greater than the equity. There are also assets on the book not generating a return and a lot of unused debt just waiting to be deployed in a bad market (when asset valuations fall).
Cancel the 53% pay increase to the King this would be a saving of £47M per year.
Basically the torie has stole the money and put it in their offshore accounts in Rwanda
Stephen Flynn and John Swinney along with the IFS warned them
Indeed they did, and they were called liars by Labour and the Tories.
@@rosemarycuthbert4623 I wouldn’t be talking up wee weegies party - can’t run an airport, build ferries, stop drug deaths, run the health service, educate the young - and all with the subsidy they get from English tax payers
They should implement a tax on wealth and tax the richest in society, it's time they paid their way. Further to this they should reclaim money from the likes of Mone.
Pay more for the layabouts.
@@heathermoore9892 - Somewhat interesting how you've read that from my comment. Funnily enough it's more about being able to pay for key public services and infrastructure with a hope to re-nationalising water and rail amongst other critical services that have failed under previous governments.
@@heathermoore9892 . I assume you mean the capital owners and trust fund parasites who have spent 14 years accumulating wealth and increasing the enormous gap between the 0.01% and the rest.
The holes in the economy are caused by massive tax breaks to the already obscenely rich, who have spent the last decade buying up the country's assets, then gouging the public, using their access to corrupt government ministers to evade paying billions in tax.
Man these bots are out of control
facts
@@bossmanjj2543 UK sunrise 05:22 sunset 20:53
Says the bot
@@ImloyaltoScotlandonly sounds like you’re covering for these bots which would make you a bot sympathiser
What "bots"?
You mean someone who's got a different opinion you yours?
Does not mean the Labour Party have to take it out of the most vulnerable in our society our severe disabled and severe mentally ill.
I have no problem at all with the concept of tax rises to pay for public works and such. However, those rises had better not go ANYWHERE near VAT at the tills, or the pumps, or the energy bills. The taxation this country sorely needs is the sort EXCLUSIVELY to hit the most well off, and totally miss everyone else. Anything else would only be a continuation of the Dickensian nightmare that the Tories inflicted.
Blue Tories = feudalists
Red tories = tories
And the cycle goes on. We're told to vote for change and we get same old .
Clearly didn’t watch the statement in parliament today, did you?
Labour attacking pensioners straight away.
If only we had the balls to introduce something like the 90% tax on earning overs 400k like France
You're not entitled to other people's money.
Or legalise cannabis have the government produce and sell it with all money ring fenced for public services.
@@IrishFrank22 If that’s your position then you’re a tax abolitionist, ie a complete moron
@@IrishFrank22 So you think we should do away with all tax if “you’re not entitled to other peoples money”? Proper mug you are
@@IrishFrank22 . And yet taxing the poorest and most vulnerable, and cutting public services, to keep funding billionaires tax-breaks and ensure their profits keep rolling in, is perfectly OK, then?
That is the same thing torie said when they got in power after labour. “They left us nothing”
And yet the Tories threw money at useless projects left right and centre... How'd they manage that when left with "nothing"?
Always the same. The current leaders blaming the previous ones.
Here comes the Austerity to reduce that debt...... we've just gone back to 14 years ago lol
Back? We never stopped it.
You have a vivid imagination.
No no, we HAVE to do t he exact same thing this time, because the Tories also did it !
Except now there is literally zero economic safety net and public finance is in ruin so its going to be worse
@@lonelyone69 And when this happens everyone including Starmer's Labour will say that it's the fault of too much spending and taxation lmao
Sounds like a pretext to try and justify another 10 years of austerity…
Don't be silly.
Prosperity has left, what’s funding these services? Debt?
@@rod9829
Services? Just real investment in the British economy is sorely needed, let alone services.
@@rod9829 The fantastic idea to sell off even more to the private sector which has been hemorrhaging money the entire time will surely fix this issue!
Brexit has cost £100 Billion so far, just introduce a Brexit tax and levy it on Leave voting areas, they knew what they were voting for and will be happy to pay for Brexit.
It's actually cost us more than that, cause it's 100 billion in lost revenue A YEAR, plus a lost 40 billion in lost taxes!
That could become entertaining.
With all that sovereignty I'm sure they can afford it.
That's moronic.
Would be funny if they added an extra tax on those who voted to leave the EU, I'm sure those people would suddenly be crying to join the EU asap
The guy isn't the most charismatic I've ever seen, but he handles interviews well and talks sense.
They are all working for the same masters
The OBR needs to explain how the true state of the finances were hidden from them. Who hid it, which MPs were involved? Then action needs to be taken to remove them from politics stop their pay and pensions then charge them with defrauding the public.
A Government who tells the house what’s happening first. Who knew this was possible? As much as politicians can be as bad as each other. I’m glad to see Labour stand up and actually govern in line with established conventions and not by media.
So our already critically underfunded public services is going to become more underfunded, rather than a tax increase.
There aren't any cuts to public services. The cuts are to white elephant projects.
@@PCDelorian get rid of the woke projects and maybe get the public sector to do some work would be a start…..
Charlie boy and his family just had a pay rise now costing the public 45 billion this year.
£45 million, not £45 billion!
Still a lot million or billion.
You realise there's still a commonwealth,the land they own brings in huge amounts into Britain along with tourism they get a whiff of the billions its worth to the treasury.
And Charles the Turd never paid inheritance tax on his mothers estate..
Every 50 yr the Monarchs meant to Hand All the Wealth They've Accumulated over to The Indigenous British People, I can't find a Trace of This ever Having Happened... Big book I Read some pages in , Case of JAH v REGINA UK Landmark case could stymie Legal System Grey Pages further on mention wealth Distribution
Bruh just tax the rich...
A ridiculous statement to make,who do you think own the companies that make things that need employees?
How to force mass business to migrate and cause job loss but then they've already lost 230000 people their jobs in the 1st week.
@@stevep9739so should workers continue to pay more tax than owners?
More scrutiny over their attempt at a recovery than what the tories left behind. Media bias is gross
A politician answered a yes/no question with a simple “YES”. This is new!
Get us back in the single market.
What we’ve found since taking over 3 weeks ago 😂😂😂
LIARS LIARS
@@daffyddduck2419 when labour in opposition was saying the nhs is in it knees, asylum system broken, economy you name it , were all these just slogans or lies they were telling us?
Russian bot.
Well done Labour voters.... surely you won't mind these thieves taking more of your money.
I'm fine with that, they will restore my public services.
Tbf this is partly tosh, Owen Jones and Ash Sarkar called Labour MPs out on this financial black hole during the election. But I'm also happy to see Labour keep kicking the Tory party while it's on intensive care to try and finish it off, it's giving Stone Cold vs Vince McMahon in the hospital vibes
Labour did the same to the Tories in 2010 . Left a note saying "I'm afraid there is no money left" !
Read some history. This is a running joke from every departing Chancellor to their newly appointed successor. It's been happening since 1964. Tory Chancellor Reginald Maudling left his Labour successor a note which said "Good luck, old cock.... Sorry to leave it in such a mess".
Pat MacFadden, who moved out his house when he could no longer claim the mortgage interest because of a change in expenses rules and into the house next door....and claimed the rent there whilst letting out his own house for more than the mortgage payments.
Why did they never grill the tories
They did
@ImloyaltoScotlandonly where did they question the finances? Where was the questions about where money for tax cuts were coming from?
@@TheUnluckyGama red Tory blue Tory both cheeks of the same hole
@@ImloyaltoScotlandonly Why aren't you answering his question? When did they question them about the money for PPE or Tax Cuts or Rwanda as harshly as this? Can you give an example?
@@ImloyaltoScotlandonly they may be, but the media still treats them very differently. I see you didn't answer my questions though
Rachel reeves is brilliant 👍🏻
💯
Brilliant at what? Following orders from other people? Or do you just blindly follow whatever nonsensical girlboss narrative your social media claque squirts at you?
in the "lnstitute for Fiscal Studies and Social Research Council IFS Report R301" in February 2024, mentions the 20 billion black hole and yet labour claims they only found out a few weeks ago...
The British never tire of electing governments who cannot differentiate between national finances and personal budgeting.
oh they know the difference, they're grifting, playing on public ignorance.
The entire media is obsessed with it because otherwise you'd have to admit that maybe liberalism is flawed.
Rather like when n" no more boom and bust 'Gordon Brown left then
I seem to remember Liebor wanted more borrow and spend during Covid and wanted longer lockdown
Labour did want lockdown quicker but not longer. The circuit breaker they proposed would have only been for a couple of weeks but Boris refused and delayed until he had to act and then you got 4 months of it.
At least we only have to put up with these fools for 5 years, next election they will be out.
He handled the questions very well.
We know we where screwed just not by how much !
We knew exactly hires much we were screwed by. The IFS said there was a £20bn black hole in both the Tory and Labour manifestos at the beginning of the election.
Could you imagine, you've just come into power and discover theres no money, none. And then the guys who spent it all, are blaming you needing to raise taxes... mental
And then, knowing there's no money, those same guys say you're setting up a narrative. They know this because it's true, and they are being called out.
The worries responsible should be in jail or worse, traitors.
So let’s pick on pensioners they don’t contribute anymore to the economy
And we will also starve children but we can still blame the tories
I voted Labour partly because I was sick of the tories blaming everyone else
Now it seems Labour are no different
What a waste of space
every economist knew that no matter who won the election, we would need to have tax increases. But labour and the tories deliberately said they wouldn't increase taxes. It was easy for the Tories they knew they would lose the election, but Labour should have been honest then that tax rises would be needed. instead they choose to say the opposite and have now backed themselves into a corner.
Simple stop giving money like this away to other country s
I agree, we need to stop selling the country to the USA.
Who gives a shit about tax going up?! If it supports everyone who cares as long as it goes to the right places. I don’t understand why people are so against it
They should have reversed the NI cuts, not taken it off of OAP's.
Look at what the Tories did during Covid… if anyone even thinks for one second that they didn’t lie and hide things from the public please go see a therapist!
Growth ? By Increasing taxes....BOLD statement
Very much like Labour then when they vacated government last time and left a note, no money left.
Both party's have been dipping into funds and not paying it back for decades .
Russian bot can't even spell.
@mildlydispleased3221 how do you know he is russian ?
@@Teaandcrumpets134 he is triggered because it the truth .
They should have a concert like Live Aid to make money for the country and the NHS. Lol
That’s exactly what Labour left under Gordon Brown who gave away all our gold for nowt. Two cheeks of the same arse.
WHERE HAS EVERYONE BEEN THE LAST 14 YEARS?????? THE TORIES DECIMATED THIS COUNTRY, QUITE OBVIOUSLY WE KNEW IT’D BE HARD GETTING BACK ON TRACK, DO PEOPLE THINK 14 YEARS OF UTTER SHIT CAN BE FIXED IN 4 WEEKS?!?!
These people are going to make it more hard than it already is for a average person and the reason will be its tories mess and we have to make hard decisions.
Same people control and manipulate, they just change the faces to blind fold public
Levelling off = black hole 🕳 more blame game the public gonna get hammered on this black 🕳 hole higher taxes for all
Might I suggest some kind of minimum competency examination that’s mandatory for anyone wishing to enter a ministerial position? Might prevent this kind of shit going forward
The government could save £40 billion by stopping the interest it pays on the debt it owes to itself!! Maybe someone should ask them why they don’t ?
If it sounds too good to be true it probably is. And that sounds too good to be true
Yeah that sounds suspiciously not realistic at all.
@@mwd331 professor Richard Murphy
Look him up.
Because Bankers like bonuses... and they dont lobby for nothing.
When the Bank of England sells Government bonds, they share the profits with HM Treasury .
Next comes the CBDC's and the end of cash.
Bilderberg Ed Balls knows what's coming as he's been in the know for years.
Not raising rates but freezing thresholds is increasing taxes. Same impact.
In 2010 Tories blamed Liebour in 2024 Liebour blames Tory’s
abolish Westminster now
Britain is a rich country. There’s tonnes of money. What the labour right are saying is they’re just as happy as the tories for all the wealth to be hoarded by a tiny minority whilst ordinary people suffer the consequences.
I think the Tories should be investigated for white collar crimes and offences whilst in public office they should not be allowed to get away with the misuse of public money which is theft and if Labour have got any a balls they should pursue all those MPs involved both past and present accountable and certain individuals within civil service who were complicit. This should be viewed as a crime against the state.
Post minister Pat. Now there's a man you can trust...
I would rather pay more taxes if that means we can buy stuff cheap again
Lies Lies Lies They are all the same. Have they had their Wages cut No i,m alright Jack
Didn't take them long to expose the wolves behind the sheep's clothing but everyone that voted for them knew it. Why cant we just impose new laws on the voters that voted them in and leave everyone else alone?
As we should impose a tax on those that voted to Leave...call it a Brexit tax, to recoup some of the billions lost due to the failed xenophobia agenda.
Labour have been in power since 1997 as far as im concerned, the country is wrecked.
Rachel Reeves appears to be a student of Milton Friedman and Alan Walters. Austerity does not save money, nor does it make money available for something else. It reduces the amount of money in the economy so that pensioners and others have less to spend. Having less to spend means that the economy will slow down because it is starved of cash which means less employment and investment can take place. It's quite simple and I believe Reeves knows this.
Both parties have used this excuse for 50 years,..nothing new here...
Exactly my thoughts. I became old enough to vote in the Heath/Wilson era and the post election noises have not changed one bit since then.
The uni-party has been conning us for as long as I can remember.
I would dearly love to see both halves of it go down in my lifetime.
@ColinMill1 ...its the excuse given to precede why they cannot fufill the promises made during the election,to sway voters...its sooooo depressingly expected now and how do you discount it,if it's not true,...you cannot..😖🥺
It's not an excuse, it's a feature of our political system. It rewards parties with shorter terms in opposition if they absolutely fuck the counties finances once they know they are going to lose the next election.
Who could have guessed..🙄
Jeremy Hunt . You did ask.
Warwick Hunt
Everyone paying attention
@@californiadreamin8423Rachel Reeves ex banker and who gets advice from blue Tory George Osborne
@@ImloyaltoScotlandonly Yes eejit .
It's easy to play the blame game.
Economic growth was the focal point of the labour manifesto.
Now when the Chancellor has seen the books, she probably has been brought to her senses, that growth cannot transpire if fiscal house is not in order.
So, I think this pantomime promise of increasing the growth rate will fade out over time, and we might see another five years of austerity.
Nothing has really changed!
There will be enough money for the Ukraine and the illegal immigrants coming into the country I will guarantee you that will not be stopped and we are paying for it. Unbelievable.
Brexit has cost £100 Billion so far, anything else is insignificant compared to the ongoing Brexit disaster.
@@gavinsmith9564 you sound like James O'brien. Don't you believe in the democratic vote.
@@nigelalanwood6781 Yeah Labour won. Congratulations Democracy works.
@@nigelalanwood6781 democracy involves a vote every 4-5 years so people can change their minds. People voted for Hitler once and then never had a chance to change their minds.
@@gavinsmith9564 blame your corrupt political elite for not making it work.
I like how Ed Balls is not shy to ask his former party awkward questions.
@@jimmyguitar9873 yes - chap s got a nerve! Doesnt he feel at all responsible for losing in 2015?
@@UK75roger Well... he is mates with his opposite number from those times now of course!
I don’t know why labour just simply boycott Ferrari. Come to think of it don’t why they don’t boycott kunseberg too.
Why is there no accountability
Tax the richest, not take away from pensioners. 😮 . making many on under 12000 poorer .
for the love of humanity just legalise and tax cannabis, then TAX.THE.FUCKING.BILLIONAIRES!
Exactly what they planned !!!. Pinnochio
Stop the expenses for 650 mps that would save 200k x 650, the 100k wages is more than enough an only one home instead of 2 or 3, we could get 1000 flats in parliament as there's no home's an it won't even need heating with all that hot air
"Very difficult spending choices" unbullshitted just means "the poorest will have to pay for it and we wont be taxing the billionaires".
So much for the Tories being voted out eh!
After watching this man during the post office inquiry, he proved to be useless and incompetent, looks like nothing has changed.
It sounds like when the last labour government left office!😂
Jeremy hunt blaming labour always someone else's fault there is no money
Oh look at all the public sector cuts.... None. Unlucky nick.
Labour 2010 there's no money left they said that's a matter of historical fact and here we are labour calling the teapot we've heard it all before I give five mouths of labour government and the country will be bankrupt this is my prediction.
Seem to remember the Tories said the exact same, funny how there is nothing left (yet dishing out wage rises left right and centre) or is this just some poo ground work excuse for how you're now going to ramp up taxes.
Cant wait for 10p fuel duty rises in the budget and more anti car policies. The double tap on inheritance tax to rise it to 54.5% by claiming CGT as well. And a raid on pensions as they dont like pensioners as they cut the winter allowance. But prefer to pay loads to junior doctors.
There is always plenty of money to be found whenever they need to splash the cash over their donors. Tories did it all the time. Austerity is a political choice. Do you want growth? Invest. Tax capital gains and corporations and invest in local business, industry, and infrastructure. Get workers working, and pay them well so they can spend well and drive the economy.
He is a liar they have been able to look at the books for many months that's why the independent finance bodies ( like the IFS) were able to tell everyone about the problems with Labour and all the other political parties' financial plans. If you remember leading up to the election Labour refused to give out most of the details on how they were going to pay for things. This no doubt will be the first of many Labour u-turns since they came to power this month, we will all be paying more taxes even in the areas they said they wouldn't. I doubt whether many will be surprised since both parties have been doing this for decades.
No organisation would show the books to another,wake up