Mini Budget aka Fiscal Statement

[SueEllen]

So good you posted it twice - early onset dementia?

I take my cues from the President of the US -

https://news.sky.com/story/joe-biden...peech-12707309

Joe Biden made a blunder during a speech when he asked if a deceased congresswoman was in the audience.

The US president made the gaffe at a conference on hunger, nutrition and health after apparently forgetting that Jackie Walorski, the former Republican representative for the state of Indiana, died in a car crash in August.


Mr Biden, 79, looked around the room in Washington and said: "Jackie, are you here? Where's Jackie? She must not be here" on Wednesday.

The blunder saw White House press secretary Karine Jean-Pierre field a flurry of questions during the press briefing that followed.

She repeated more than a dozen times that Ms Walorski was "top of mind" for Mr Biden - who is due to meet with the congresswoman's family on Friday to sign a bill renaming a veterans' affairs clinic in Indiana after her.

Ms Jean-Pierre did not acknowledge the president had misspoken and did not apologise for the error.

"My answer is certainly not going to change," she told journalists.

[mogga71]

I think what a lot of people have missed over this .... certainly on this side of the Pond .... is that up until the intervention by the BOE earlier in the week due to an imminent pension collapse, the hardline message was that nothing can stop the inflation battle .... it's all about QT now ... not easing. Then the first sign of real trouble the BOE pivots and starts QE again ... which can only increase inflation. This is the reason the US markets suddenly spiked on the news. it shows that choosing between a crisis or beating inflation ... the central banks will always choose to avert the crisis. The first sign of real trouble in the USA, the Fed will do the same, cave and pivot.

[AtW]

Yep so is paying for the education and social care of local people.

So 40% tax band is not sufficient to get garbage and dog turd removals?

[d000hg]

Labour 33 points ahead.

https://metro.co.uk/2022/09/29/labou...ster-17476900/

The Labour party has jumped ahead of the Conservatives in the latest polls with the biggest lead since the late 90s when Blair came to power.
According to a YouGov poll Sir Keir Starmer’s party is 33 points ahead.

It is thought to be the largest poll lead enjoyed by any party with any pollster since the late 1990s.

Data shows just 37 percent of 2019 Conservative voters said they were planning to stick with the party.

We all know how trustworthy these polls tend to be - and how volatile. All Kwiz have to do is cover the energy crisis and find a way to un-**** the rest of the kwasi-budget and it would flip back. Amazing they give everyone free money and lose popularity!

[AtW]

“Best week for pound since 2020 as market recovers from mini-Budget crash

Sterling's rally wipes out losses since Kwasi Kwarteng's announcement”

https://www.telegraph.co.uk/business...-budget-crash/

Great, bring on more tax cuts!

[SueEllen]

So 40% tax band is not sufficient to get garbage and dog turd removals?

You do know how councils are funded is more complex than that?

[SueEllen]

We all know how trustworthy these polls tend to be - and how volatile. All Kwiz have to do is cover the energy crisis and find a way to un-**** the rest of the kwasi-budget and it would flip back. Amazing they give everyone free money and lose popularity!

That was the most extreme poll. The other two were 15-17%.

The important point was the trend is downwards and large enough to make a difference.

Anyway Truss has about 2 years before she must have a GE.

[AtW]

You do know how councils are funded is more complex than that?

Paying close to 2 grand per year council tax, should be enough to remove dog turds and garbage veery week

[SueEllen]

Paying close to 2 grand per year council tax, should be enough to remove dog turds and garbage veery week

It isn't.

https://www.electoral-reform.org.uk/...0local%20taxes.

https://www.local.gov.uk/council-funding

[WTFH]

So 40% tax band is not sufficient to get garbage and dog turd removals?

It clearly isn’t. They’ve been in power for 12 years.