US Election November 5th

UKworkshop.co.uk

Help Support UKworkshop.co.uk:

This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Status
Not open for further replies.
Just heard confirmation that Base Rate has indeed been dropped. Any comment?
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.

Yes, let’s look at what is happening
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.
 
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.
 
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.

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.
 
The irony in your posts just doesn't stop does it Robin.

Have a KitKat.
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
 
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

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.
 
but just throwing money at it will change nothing,
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?



Anyone can borrow to get these things done but long term if things carry on with no growth
OBR forecasts growth of 2.0% next year

Tories had growth of 0% recently


The NHS needs reforming, new business model and IT systems but just throwing money at it will change nothing
Wes Streeting has been talking constantly about reforming the NHS

however reforming it wont get rid of the Tories 7 million waiting list.
 
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 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
 
please explain to me how that gets sorted without extra money
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.
 
....

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.
To deal with climate change we need to end "growth" on very many fronts. Growth is the main cause.
The NHS needs reforming,
It needs supporting and developing just like most institutions, businesses etc
new business model
Another of the cliches basically denigrating the NHS in favour of private medicine.
and IT systems but just throwing money at it will change nothing,
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.
a hospital is just a building without the doctors and nurses.
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
 
Last edited:
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.

I'm not the expert. I'll leave it the the folks who get paid to do it as a job to make the right predictions. For the future, that is...

I can report on the past, though, because evidence and detail is available.

A quick look at representative markers for UK Economic stability - the FTSE100/FTSE250 - show that since Labour won, and took office, these Indices have remained more stable than at any point in the past 5 years. (one of the largest sustained dips was in Sep-Oct 22.)

It is quite telling, to me, at least, that any negative UK Economic predictions that are currently being spread are from the exact same sources that heralded the "Best Tory Budget since Thatcher" in Sep 22 (see the significant dips in Sep-Oct 22 when the markets began to crash and which cost the UK taxpayer hundreds and hundreds of £millions). Knowing that little nugget of info ought to be all that is required to understand that those sources are not "reporting" in good faith and ought to be treated with a bit more, shall we say prudence? They are not credible sources. In my view more of a propaganda machine. Choose your sources wisely and with a little bit more circumspection, folks.
 
Nah, it's all shaping up to be tickety-boo.

https://www.bbc.co.uk/news/articles/c4gpd2487e5o

Thanks - your link led me to this parallel BBC article:

Seven things Trump says he will do

I think I now understand Musk's involvement. 60% tariff on China is gonna make Tesla vehicles far more attractive than the Chinese opposition to USA consumers.

(It'll also badly affect the US Economy and exacerbate the money-in-pocket situation for the worst off that supported Trump in droves to improve their cost of living standards. As will mass deportations if they actually materialise.)


I reckon those seven key promises are what we should judge the Trump term in office on, come 2028. (Fingers crossed that we get to 2028!)
 
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
Of course they were, you could also say that about the outgoing Tory government.
However reading the rest of your comments in essence, you clearly WANT Trump and his policies to fail, which really does explain the arguably bitter left wing mindset.

It's easy to see why you and I differ so much in our outlooks and why your mindset will always be a negative influence on this country, just like those who voted Remain. They wanted Brexit to fail and still do instead of accepting the result of the referendum and getting behind it.

As a pragmatist and as much as I loathe Starmer et al and his politics, I don't dislike them nearly enough to want him and his policies to fail as realistically it will affect everyone including the poorest and least able to help themselves, therefore for that reason I'll not waste my time arguing with anyone who would rather have some dung heap politician who they can relate to at any cost even if it means bringing hardship to the people of the country rather than one who brings health and prosperity to everyone irrespective of their politics.

Based on what I've seen so far I don't by any stretch of the imagination think that Starmer et al will be successful in anything regarding their policies but I'd rather be proved wrong than wish ill-will on the country just so that I can gloat.
My mind doesn't work like that but it explains very much why I maintain that socialists with mindsets like that are very often the enemy of the country.
 
Status
Not open for further replies.
Back
Top