Re: Snap General Election called
Posted: Wed May 17, 2023 7:04 pm
British economy has been broken for years; we need investment to increase productivity and not everything is to blame on austerity (although not helpful in many many areas). But governments of all hues have been ignoring the underlying problems for decades, even generations.
Basically anti-Thatcher/Reaganism - the free market can't fix all things, concentrating money in the hands of few doesn't result in a rising tide that lifts all boats, prosperity comes from investing in people and the industries of tomorrow in a directed and deliberate way, rather than hoping the invisible hand of the market will make the right things happen automatically. Very much a shift to the supply-side economics that Janet Yellen in the US Treasury has been opining on.
Quite, its a political document. But I can't discern what I'd call a plan tbh- but why would you publish that at least a year away from an election.Puja wrote: ↑Thu May 25, 2023 10:52 pmBasically anti-Thatcher/Reaganism - the free market can't fix all things, concentrating money in the hands of few doesn't result in a rising tide that lifts all boats, prosperity comes from investing in people and the industries of tomorrow in a directed and deliberate way, rather than hoping the invisible hand of the market will make the right things happen automatically. Very much a shift to the supply-side economics that Janet Yellen in the US Treasury has been opining on.
Puja
Yeah, that's what I was getting too. I heard plan, saw waffle that sounded nice, and wondered where I missed the plan.Banquo wrote: ↑Fri May 26, 2023 11:21 amQuite, its a political document. But I can't discern what I'd call a plan tbh- but why would you publish that at least a year away from an election.Puja wrote: ↑Thu May 25, 2023 10:52 pmBasically anti-Thatcher/Reaganism - the free market can't fix all things, concentrating money in the hands of few doesn't result in a rising tide that lifts all boats, prosperity comes from investing in people and the industries of tomorrow in a directed and deliberate way, rather than hoping the invisible hand of the market will make the right things happen automatically. Very much a shift to the supply-side economics that Janet Yellen in the US Treasury has been opining on.
Puja
Frankly, I'm just pleased at them openly committing to some ideals and values to believe in. You wouldn't've thought that'd be hard for a Labour opposition - believing in things and having principles is generally what they're good at - but Starmer's been remarkably good at avoiding anything that might be misconstrued as a belief so far. It's nice to be given some idea of what a Starmer government might want to accomplish, besides "win power".Banquo wrote: ↑Fri May 26, 2023 11:21 amQuite, its a political document. But I can't discern what I'd call a plan tbh- but why would you publish that at least a year away from an election.Puja wrote: ↑Thu May 25, 2023 10:52 pmBasically anti-Thatcher/Reaganism - the free market can't fix all things, concentrating money in the hands of few doesn't result in a rising tide that lifts all boats, prosperity comes from investing in people and the industries of tomorrow in a directed and deliberate way, rather than hoping the invisible hand of the market will make the right things happen automatically. Very much a shift to the supply-side economics that Janet Yellen in the US Treasury has been opining on.
Puja
They've given us the why. Not really the what, and definitely not the how.Puja wrote: ↑Fri May 26, 2023 12:09 pmFrankly, I'm just pleased at them openly committing to some ideals and values to believe in. You wouldn't've thought that'd be hard for a Labour opposition - believing in things and having principles is generally what they're good at - but Starmer's been remarkably good at avoiding anything that might be misconstrued as a belief so far. It's nice to be given some idea of what a Starmer government might want to accomplish, besides "win power".Banquo wrote: ↑Fri May 26, 2023 11:21 amQuite, its a political document. But I can't discern what I'd call a plan tbh- but why would you publish that at least a year away from an election.Puja wrote: ↑Thu May 25, 2023 10:52 pm
Basically anti-Thatcher/Reaganism - the free market can't fix all things, concentrating money in the hands of few doesn't result in a rising tide that lifts all boats, prosperity comes from investing in people and the industries of tomorrow in a directed and deliberate way, rather than hoping the invisible hand of the market will make the right things happen automatically. Very much a shift to the supply-side economics that Janet Yellen in the US Treasury has been opining on.
Puja
The only concern that I have with "Yellenism" as a policy, is that it runs the risk of subsidy-wars, where everyone bungs money at an industry to try and lure them in, leading to them going where they were probably going in the first place, just a lot richer. Still, the problem is that if one country/bloc starts doing it, you can't be the only ones that aren't.
Puja
I mean, this kind of thing is antithetical to the Conservative party, especially the current iteration, so they're probably fairly safe from idea-theft on "maybe the market won't solve all problems on its own?"Sandydragon wrote: ↑Fri May 26, 2023 12:45 pm Labour possibly feel more secure now that the Tories won’t steal their clothes.
Given the huge scale of tory intervention over the last 3 years, they've created their own marketPuja wrote: ↑Fri May 26, 2023 2:48 pmI mean, this kind of thing is antithetical to the Conservative party, especially the current iteration, so they're probably fairly safe from idea-theft on "maybe the market won't solve all problems on its own?"Sandydragon wrote: ↑Fri May 26, 2023 12:45 pm Labour possibly feel more secure now that the Tories won’t steal their clothes.
Puja
Banquo wrote: ↑Fri May 26, 2023 3:31 pmGiven the huge scale of tory intervention over the last 3 years, they've created their own marketPuja wrote: ↑Fri May 26, 2023 2:48 pmI mean, this kind of thing is antithetical to the Conservative party, especially the current iteration, so they're probably fairly safe from idea-theft on "maybe the market won't solve all problems on its own?"Sandydragon wrote: ↑Fri May 26, 2023 12:45 pm Labour possibly feel more secure now that the Tories won’t steal their clothes.
Puja![]()
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The Tories are unlikely to jump on the 'fuck Thatcher' bandwagon.Puja wrote: ↑Fri May 26, 2023 2:48 pmI mean, this kind of thing is antithetical to the Conservative party, especially the current iteration, so they're probably fairly safe from idea-theft on "maybe the market won't solve all problems on its own?"Sandydragon wrote: ↑Fri May 26, 2023 12:45 pm Labour possibly feel more secure now that the Tories won’t steal their clothes.
Puja
With the pandemic creating a unique situation and Boris shamelessly stealing any idea that might keep him in power, I have understood why Labour wanted to keep ideas to themselves. Sunak by instinct is not going to steal Labours clothes and many in the Tory party still think Truss has the right idea, but just went too fast.Puja wrote: ↑Fri May 26, 2023 2:48 pmI mean, this kind of thing is antithetical to the Conservative party, especially the current iteration, so they're probably fairly safe from idea-theft on "maybe the market won't solve all problems on its own?"Sandydragon wrote: ↑Fri May 26, 2023 12:45 pm Labour possibly feel more secure now that the Tories won’t steal their clothes.
Puja
Delighted to not have my worst fear realised. My only regret is that he hasn't tried to cling on so he could get personally dicked in the by-election.Puja wrote: ↑Fri Jun 02, 2023 1:38 pm A Boris revival would be the worst possible scenario for me. Quite apart from him generall being a dangerous person to have at the wheel, he's the only change that wouldn't force a new election, because he could head off public outrage on the basis that he was the original leader and "hE's GoT a MaNdAte." Plus I could see him being able to turn the polls around with his jovial, charismatic, unserious waffling persona.