Official Labour leadership thread

[AtW]

I vote Tory, have done all my life but it hasn't always been the best for me on a personal basis, I have always gone for what I believe is best for my country.

So how do you feel about Gideon's recent budget then?

I don't recollect many things he did being in their manifesto, in fact many of the things they did are anti-tory because Gideon chases Labour voters to get himself elected.

My view is that those "tories" ain't real tories, they are not on my side and just as well then I'll vote for Korbyn and donate money to local MP to make sure she gets elected again (her majority is relatively small and boundary changes might tip the scales wrong way), all because if tories are going to be effectively taxing me at the level Labour does then they might as well fook off back to Eton.

[jamesbrown]

The idea that who you vote for depends on who is going to make YOUR life better, is in my view selfish.

OTOH, one could argue that it's pretty arrogant to assume that you understand the needs of others better than they understand their own needs. Democracy is, afterall, a representation of the collective self-interest. If there's a problem with turnout (and there is), perhaps it's better to focus on that, rather than second-guessing what others might want.

[No2politics]

OTOH, one could argue that it's pretty arrogant to assume that you understand the needs of others better than they understand their own needs. Democracy is, afterall, a representation of the collective self-interest. If there's a problem with turnout (and there is), perhaps it's better to focus on that, rather than second-guessing what others might want.

Hopefully turn out will improve now there is an alternative that people can buy into.

[AtW]

What's the point in a Tory Govt that acts like a Labour one???

Tories moved into Bliar territory and becamse Bliar Light version, or maybe not even that.

What have they done in the last 5 years? Not a lot, maybe the biggest thing was cut in corp tax from 28% to 20%, but now they took it all back with higher dividend taxes, apart from their very rich mates of course, and what's really insulting is that the same guy Gideon who cut corp tax now said - we are increasing dividend taxes because corp tax was cut, FFS, then what was the point in cutting corp tax, which by the way took 5 years to get down to 20%.

[AtW]

Corbyn will use QE (money printing) to get his sums balanced, so no debt will be added - Bank of England will own new shiny HS2 shares, and why not, if they were giving real money in exchange for tulipy corporate bonds that nobody seen???

It's deflation time, remember, that terrible deflation, so can do more QE then, sterling will take a hit but that's good thing for exporters, and people will take more holidays in the country, all win-win.

Mark my words - soon Gideon will come up with a twist on QE himself. You've heard it on here first...

[AtW]

In fact, they'll be printing money left right and center to prevent Sterling from being overvalued once BoE rates will start coming up - it's the only way they can control low rates paid by Govt on gilts - tax take is at near max, only way to increase it in absolute numbers is to get inflation going.

Best part is - the house prices will continue to grow, BOOMED!

And for those who can't afford it there will be a weekly lottery - 1 house to be won every week!

[Zero Liability]

The idea that who you vote for depends on who is going to make YOUR life better, is in my view selfish.

A typical tory view.

Yes corbyn would probably tax me more. But so what. Its not going to effect how i live my life materially. Just means I'll have less savings.

I've seen no evidence at all that such a view is unique to the Tories, nor does it appear to be DP's rationale for saying what the did; he's not a Tory anyway, and neither am I. I simply don't think Corbyn has the first clue about how to get the economy on track, plus he's another open borders advocate. So between the choice of Tweedle-dum and Tweedle-dumber, forgive me for lacking any enthusiasm.

[Waldorf]

So how do you feel about Gideon's recent budget then?

I don't recollect many things he did being in their manifesto, in fact many of the things they did are anti-tory because Gideon chases Labour voters to get himself elected.

My view is that those "tories" ain't real tories, they are not on my side and just as well then I'll vote for Korbyn and donate money to local MP to make sure she gets elected again (her majority is relatively small and boundary changes might tip the scales wrong way), all because if tories are going to be effectively taxing me at the level Labour does then they might as well fook off back to Eton.

If all you have in your armoury is to refer to the Chancellor as Gideon then clearly you do not have much to say, rather childish really.

There was plenty in the Budget I did not like but that is usually the case, however as Labour move even more to the extreme left, and I thought it was bad enough under Miliband, then clearly the Tories see an opportunity to mop up support in the centre.

I have always thought that the taxation of dividends was a gapping hole, most people do not understand it, so it is an easy target to collect money. I can see dividends being taxed at the usual rates in the long run.

I can be sure that ant Corbyn/McDonnell Budget would be a lot worse than anything we have seen before.

[fullyautomatix]

How are the CUK collective digesting the "Corbyn as Prime Minister and McDonell as Chancellor" news this morning ?

[tomtomagain]

How are the CUK collective digesting the "Corbyn as Prime Minister and McDonell as Chancellor" news this morning ?

Well I would assume that we're not as he hasn't got the slightest chance of winning in 2020.

I would be surprised if he's still the Labour leader this time next year.