Tears for Souvenirs

[threegee]

Despite the political spin, it's perfectly obvious why Rachel Reeves was in tears during the HoC debate on welfare payment reductions.  The realisation had finally dawned that she has taken on the hopeless task of balancing the UK's books. Hopeless because even the easy low-hanging fruit can't be plucked.

We are supposed to believe that "the adults are now in charge", but like most of the guff from the Labour propaganda machine, exactly the reverse is true. Everything they've done to allegedly improve the economy has actually made our situation worse.

The international bond markets have taken notice, and a 1970s type Sterling crisis is looming. How long this will take is anyone's guess. Some economists say it will strike in 2026. But one thing is for sure: this hopeless government won't last out it's five year term, and it will ALL end in tears!

[HIGH PIT WILMA]

Not politically motivated at all Threegee,but I think I can safely say I agree with your comments !! This lot have got my blood boiling!!

[threegee]

Thanks for that show of support HPW, but I was rater hoping to hear from someone who didn't agree with me. 

The figures for June now out are truly dreadful:  the highest June borrowing in history if you ignore the Tory lunacy of the spending during the pandemic.  In one single month, Labour added £20.7BN to our national debt.  That's almost double the increase in debt in May.

The terrible news though is that almost 80% of this money was simply squandered on interest payments (which themselves will attract even more interest).  How does that in any way “fix the foundations”?  Like many other issues, this government is gaslighting the electorate until the big reveal comes!  Four more years?  I think not!