The fall of the Tory party

(For the purposes of this discussion let's just take it as read that it's necessary and/or good to reduce debt). The target of course is deliberately stupid - it's always at the end of a 5 year rolling period - so you never need to reduce debt at all. The only restriction it gives is that you have to make things add up in the future, but when they actually come closer you can ignore it. This is particularly good for a chancellor/PM who get praised for cancelling tax rises that they were never actually intending to implement. Fuel duty escalator for example they leave in the plans in theory, to help it add up, then suspend it every year.

It is unforgivably stupid that the CST - a role that in terms of practical impact on policy in the country is second to probably nobody but the chancellor -doesn't even understand their own deliberate trick on this.

Completely agree that the fiscal rules themselves are bag of bullshit, but at least try and understand the bullshit you're peddling!

doesn't she just say that she has a different graph to him and doesn't have the stats that he's referring to in front of her?

One graph to rule them all....

I mean, it's pretty bad to have the wrong stats, given those stats are presumably what decisions are based on. but I'm not certain it implies she doesn't understand percentages

(obviously not here to defend tories)

That's a fucking cop out though and obviously bullshit

She is just mumbling and searching for an excuse as she begins to understand she's fucked up. There are no alternative stats on this

I think if it was intentional bullshit then she'd be a bit more certain in her denial of what he's saying. I think it's mistaken bullshit, which is arguably worse

Easily done

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The video is even better!

https://twitter.com/BBCPM/status/1755906381461262564

I'm voting Tory now.

She's been to the same math class as Sunak and Hunt when they tell me me I'm now better off as the have reduced inflation

Should definitely stick to the track cycling.

Why are young people deserting the tories
https://twitter.com/FT/status/1755925035284320433?t=ZSuwYUTMOwiCGJTtvn7Izw&s=19

A “crazy” contradiction in Rishi Sunak’s flagship small-boats law has left the Home Office powerless to deport or grant asylum to more than 22,000 migrants already in the UK, i can reveal.

At least half of the asylum seekers left in limbo indefinitely will be living in costly hotels likely to be costing the taxpayer more than £1.5m a day.

The situation has been caused by the Illegal Migration Act which requires the Government to “remove” illegal migrants but only applies to those who entered the country from 20 July, 2023.

https://inews.co.uk/news/politics/braverman-law-cost-migrants-removed-2898645?ito=twitter_share_article-top

All the transphobic shit is diminishing the young vote, even Hancock admitted as much.

You can actually see the point as which she becomes crestfallen. When she says "headway" and I think she meant headroom.

Nah. This graph and the principle of it is the entire basis of their (shit/meaningless) fiscal rules. It is the point around which every spending decision is framed - which is why Evan Davis is so amazed that they are even having to debate what the numbers are or are not and why he is eventually unable to really ask his question - which is - given your forecast for debt as a % of GDP is only currently expected to be reducing at the end of the next parliament, and even then only slightly, how can you offer new tax cuts now and stay within your invented rule that debt must be falling by the end of the next parliament.

This is the most elementary aspects of their fiscal rules - which she talks so grandly of. He also explains the numbers perfectly, and the actual numbers don't even matter - just where they are relative to one another. By no single metric is debt falling now. Even in the figures quoted, debt is still rising in the 5th year - it is only as a percentage of GDP in which it is forecast to fall.

hai there!

Rep :)

Ha ha ha. Would love to have seen the comments! Maybe Cornwall is finally getting it?

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Goes with

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Obviously being short isn't a crime but he really is child sized isn't he. Barely see over the counter!