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"Rachel Reeves' Budget disaster is costing one job every nine minutes. Housing starts and completions down Car sales down Online and retail down Tourism down More businesses closing than opening Unemployment up. Labour has been accused of crushing the economy as figures revealed employers have laid off one worker every nine minutes since the Budget. Business leaders have warned that the Government's £25billion hike in employers' National Insurance (NI) contributions – which started yesterday – could trigger tens of thousands of job losses in the coming months Clearly the outcome of her policies are as bad as Donald Trumps What next … " If you look at the bigger picture Trump may have given Reeves the headroom to get away with it. With world recession on the cards, The potential is for lower interest rates and lower oil prices which could mean less inflation. The big If is, the labour party is a closet rejoin party so I think they will drop the ball and go with Starmers socialist pals in the EU. Darling cut VAT to 15% in 2008 during that crisis and there could be another opportunity like that to boost everyone's pockets. I just can't see Starmer doing anything Radical. He is too much of a yes man and EU sychophant to try anything radical. However his hand might be forced. | |||
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"Rachel Reeves' Budget disaster is costing one job every nine minutes. Housing starts and completions down Car sales down Online and retail down Tourism down More businesses closing than opening Unemployment up. Labour has been accused of crushing the economy as figures revealed employers have laid off one worker every nine minutes since the Budget. Business leaders have warned that the Government's £25billion hike in employers' National Insurance (NI) contributions – which started yesterday – could trigger tens of thousands of job losses in the coming months Clearly the outcome of her policies are as bad as Donald Trumps What next … If you look at the bigger picture Trump may have given Reeves the headroom to get away with it. With world recession on the cards, The potential is for lower interest rates and lower oil prices which could mean less inflation. The big If is, the labour party is a closet rejoin party so I think they will drop the ball and go with Starmers socialist pals in the EU. Darling cut VAT to 15% in 2008 during that crisis and there could be another opportunity like that to boost everyone's pockets. I just can't see Starmer doing anything Radical. He is too much of a yes man and EU sychophant to try anything radical. However his hand might be forced. " Good points and related to the interest rates I think I caught at the end of an interview at the weekend that the rate the government pays on debt has decreased slightly, though if course that's after they sent it sky high. Also if it does continue on this downwards path, she can blame the whole lot on Trump and gloss over her own actions | |||
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" I just can't see Starmer doing anything Radical. He is too much of a yes man and EU sychophant to try anything radical. However his hand might be forced. " Really? Cutting WFA to wealthy pensioners wasn't radical? Charging VAT and stopping business rates relief for private schools wasn't radical? Approving the expansions of Heathrow, Gatwick and Luton airports not radical? Approving the Lower Thames Crossing not radical? Approving a huge offshore windfarm off the south coast not radical? All these projects stuck for years because the Conservatives were afraid to make any decisions... | |||
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