If true then we are fucked even further. The tories tried this and somehow fucked it up. We have water companies literally shitting in our sea and rivers. Energy companies fuck us over, our rail network is struggling etc…
And they want to gut it?
denyer-no1-fan on
I don’t understand, why can’t we borrow to invest?? Our debt is below the average of G7 and OECD, our long term gilt rates are stable, and the private market is yearning for investment! It’s such a no-brainer thing to do!
jtthom on
I’m trying not to be cynical, there’s plenty of cynical takes on this sub. So here goes…
She strikes me as a person who wants to know all her options before making big decisions. Unlike the Kamikwasi budget, imagine this will be thought through.
They were elected to return an element of competency back to government – boring, competent, even prepared to make unpopular decisions.
I think we’ve learned more about the political leanings of the British media this past three months than we have about our new government.
Will take some short term medicine to sort this country out – but if they’re making positive moves for the longer term they’ll be leagues better than the last lot or any of the other parties vying for position
Blacksmith_Heart on
I think it’s high time we accepted that spinning austerity as ‘short term pain for long term gain’ is just that – spin. It’s a wholly cynical misrepresentation of what austerity is about. In reality, austerity is about cracking open the last vestiges of the social democratic demarketised commons, and selling them off to the highest bidder.
That’s it.
No grand ambitions, no wider aims, no concern for long-term sustainability – in fact, active disdain for state-led investment and Keynesian lessons about maintaining purchasing power of the consumer class. Literally nothing beyond medium-term acquisitive processes for wealthy political donors. The light at the end of the tunnel is the anglerfish’s lantern. The ultimate victory of nihilistic graft.
Reeves may well be a sincere delusional believer, or she may well be a dead-eyed shark who doesn’t believe a word of it. The difference is academic. Either way, she is a dangerous Continuity-Tory whose economic agenda must be opposed industrially, and in the streets if necessary.
Von_Uber on
Excellent, this is exactly the sort of thing this country needs to bring it up to 16th century standard.
WalkerCam on
We’re so cooked guys. I don’t want to be a doomer but it’s so hard not to be.
If we don’t invest, idk what this country will even be in 10 years. Literally just a money laundering island?
ionetic on
“There will be no return to austerity with a Labour government. We’ll have a decade of national renewal instead, with ambitious investment and reform.” – Keir Starmer, 18th June 2024
8 Comments
If there’s one thing this country desperately needs it’s less investment in our crumbling infrastructure…
Who is this government for?
Edit: It’s these guys isn’t it?
[Gilt investors urge Reeves to keep investment ambitions in check](https://archive.is/39r8V)
If true then we are fucked even further. The tories tried this and somehow fucked it up. We have water companies literally shitting in our sea and rivers. Energy companies fuck us over, our rail network is struggling etc…
And they want to gut it?
I don’t understand, why can’t we borrow to invest?? Our debt is below the average of G7 and OECD, our long term gilt rates are stable, and the private market is yearning for investment! It’s such a no-brainer thing to do!
I’m trying not to be cynical, there’s plenty of cynical takes on this sub. So here goes…
She strikes me as a person who wants to know all her options before making big decisions. Unlike the Kamikwasi budget, imagine this will be thought through.
They were elected to return an element of competency back to government – boring, competent, even prepared to make unpopular decisions.
I think we’ve learned more about the political leanings of the British media this past three months than we have about our new government.
Will take some short term medicine to sort this country out – but if they’re making positive moves for the longer term they’ll be leagues better than the last lot or any of the other parties vying for position
I think it’s high time we accepted that spinning austerity as ‘short term pain for long term gain’ is just that – spin. It’s a wholly cynical misrepresentation of what austerity is about. In reality, austerity is about cracking open the last vestiges of the social democratic demarketised commons, and selling them off to the highest bidder.
That’s it.
No grand ambitions, no wider aims, no concern for long-term sustainability – in fact, active disdain for state-led investment and Keynesian lessons about maintaining purchasing power of the consumer class. Literally nothing beyond medium-term acquisitive processes for wealthy political donors. The light at the end of the tunnel is the anglerfish’s lantern. The ultimate victory of nihilistic graft.
Reeves may well be a sincere delusional believer, or she may well be a dead-eyed shark who doesn’t believe a word of it. The difference is academic. Either way, she is a dangerous Continuity-Tory whose economic agenda must be opposed industrially, and in the streets if necessary.
Excellent, this is exactly the sort of thing this country needs to bring it up to 16th century standard.
We’re so cooked guys. I don’t want to be a doomer but it’s so hard not to be.
If we don’t invest, idk what this country will even be in 10 years. Literally just a money laundering island?
“There will be no return to austerity with a Labour government. We’ll have a decade of national renewal instead, with ambitious investment and reform.” – Keir Starmer, 18th June 2024
https://www.bigissue.com/news/politics/keir-starmer-labour-leader-general-election-interview/