US Election November 5th
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With the current chaos and budget then it was to soon to drop it, let the markets get over the budget first. But what finacial predictions can you actually believe when you get every possible synario and now we have an American president who has not taken well to Starmer so maybe they have jumped the gun.
Anyone can borrow to get these things done but long term if things carry on with no growth then who will pay the national debt that is costing us £100 billion interest per year. The NHS needs reforming, new business model and IT systems but just throwing money at it will change nothing, a hospital is just a building without the doctors and nurses.
Ed Weber
Established Member
I think this just goes to prove that Americans are just as ignorant as the the rest of the world thinks we are, probably more. This will effect EVERYONE, not just Americans. Foreign policy, foreign trade, climate, banking and the list goes on.
These are truly scary times we're living in.
These are truly scary times we're living in.
Blackswanwood
Still Learning
Unfortunately, I think you are right Ed.
Blackswanwood
Still Learning
Aren’t those points at odds with each other? Lower cost borrowing tends to stimulate the economy and drives the growth we need.
It was an 8:1 vote in favour of a cut (and the MPC is independent of government), rates are still relatively high and an unexpected decision to not cut would have probably unsettled the markets.
RobinBHM
Established Member
My posts contain reason, evidence, facts, data
for example: Trumps policy is Project 2025
that is backed up with plenty of evidence which includes key members of Trumps team wrote it
if you want to provide a counter argument you are welcome to provide one
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2 hour dinner and a phone call, Rayner call with Vance, did I miss something?
If there's political/economic capital or even a morsel of good PR to be had, politicians will hold out both hands. Nothing to do with who said what etc.
And (as mentioned (a page or two back) some people think there's some kind of magic FTA happening soon, think again. There'll be very little good news from Jan 20th onward.
RobinBHM
Established Member
not true
1) the NHS has a waiting list of some 7 million
please explain to me how that gets sorted without extra money
by the way please bear in mind the mahoosive waiting list was inherited from the previous administration who built it up over 14 years
2) there are 650,000 people who cant work because they are off sick due to waiting for NHS -more money to the NHS can help get people back to work.
Spectric is taking somebody off benefits and back to work better or worse for the economy?
OBR forecasts growth of 2.0% next year
Tories had growth of 0% recently
Wes Streeting has been talking constantly about reforming the NHS
however reforming it wont get rid of the Tories 7 million waiting list.
RobinBHM
Established Member
RobinBHM
Established Member
Trump voters:
"The forest was shrinking but the trees kept voting for the axe, for the axe was clever and convinced the trees that because his handle was made of wood he was one of them"
"The forest was shrinking but the trees kept voting for the axe, for the axe was clever and convinced the trees that because his handle was made of wood he was one of them"
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The one and only John Grace:
https://www.theguardian.com/politic...-and-farage-play-fantasy-phonecall-with-trump
https://www.theguardian.com/politic...-and-farage-play-fantasy-phonecall-with-trump
RobinBHM
Established Member
the Democrats were victims of the post covid inflation surge.
this can be seen in many elections around the world
people said things were better under Trump than under Biden...........but the reality is people are remembering that things were better before covid.
the sad thing is that Bidens approach to the economy was pretty successful..........that success is about to get ripped apart.
I hope Trump massively cuts corporation tax soon as, so that the damage to tax revenue will feed back in whilst he is still in power
this can be seen in many elections around the world
people said things were better under Trump than under Biden...........but the reality is people are remembering that things were better before covid.
the sad thing is that Bidens approach to the economy was pretty successful..........that success is about to get ripped apart.
I hope Trump massively cuts corporation tax soon as, so that the damage to tax revenue will feed back in whilst he is still in power
Because with so many staff you can only handle so many patients and you really do not want to push medical staff to do longer hours or by setting targets because they are dealing with peoples lives and not producing widgets on a production line. There is no fast way to recruit new medical staff as training cannot be fast tracked, we have already lost many and so the way the NHS functions needs to be fixed and is why I said a new IT system that removes all the paperwork that is wheeled around.
Fully agree about getting people back into work and off benefits but lets first target those who can but choose not to work, I know several who would get a job if there benefits were cut but as it stands they just like life on benefits.
Jacob
What goes around comes around.
To deal with climate change we need to end "growth" on very many fronts. Growth is the main cause.
It needs supporting and developing just like most institutions, businesses etc
Another of the cliches basically denigrating the NHS in favour of private medicine.
Nobody says it would. It's just another often repeated cliche. Slightly bonkers in fact. It needs a lot of money spending to catch up with the underinvestment of recent years but this doesn't mean just "throwing" it anywhere.
Yes it needs doctors, nurses and everything else - more training, better wages at the lower ends, and more immigration.
NHS has been run down to make it appear inferior to private medicine, as a prelude to selling out.
https://www.patients4nhs.org.uk/how-is-the-nhs-being-privatised/
https://www.theguardian.com/commentisfree/2012/mar/29/short-history-of-privatisation
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