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UK officially in recession...

501 replies

Startingagainandagain · 15/02/2024 09:31

Latest stats released show the UK is now officially in recession (Office for national statistic data).

Gaslighting has started in the media by ministers to try to minimise that fact.

Isn't it time to face the facts instead and call a general election?

I know the picture is bleak and any new party in power will need years to try to sort out this mess but something needs to be done...

The UK's decline in the past few decade or so has really been dramatic.

OP posts:
Thread gallery
17
cardibach · 15/02/2024 16:31

EasternStandard · 15/02/2024 16:23

I’ve already posted re the recession. Scroll back

You can deter and process faster but your suggestion below was pie in the sky. You need the first part to do the second

Below?
I didn’t make suggestions other than bloody do the job of government.
I also don’t blame immigration, and particularly asylum seekers, for the woes of the world.

EasternStandard · 15/02/2024 16:32

cardibach · 15/02/2024 15:41

Agreed. The best way would be to a) create safe routes and assess those coming by that route in France (as offered by the French government) and b) to clear the backlog of assessments which the government have created by more or less stopping assessing anyone. The cost is in supporting people while they wait for assessment.

This one. You just posted it. Anyway as said it won’t happen

sleepyscientist · 15/02/2024 16:36

We need to cut benefit spending to the bare minimum and introduce a minimum work requirement. We are living in a fantasy where we can be a world power house without a manufacturing sector or a working class doing those jobs. Immigrants aren't the problem, local to use they work on farms, in take away etc it the British born that are the problem.

Interested in this thread?

Then you might like threads about this subject:

IClaudine · 15/02/2024 16:38

sleepyscientist · 15/02/2024 16:36

We need to cut benefit spending to the bare minimum and introduce a minimum work requirement. We are living in a fantasy where we can be a world power house without a manufacturing sector or a working class doing those jobs. Immigrants aren't the problem, local to use they work on farms, in take away etc it the British born that are the problem.

Yay! That was on my Tory Blame Bingo list!😁

IClaudine · 15/02/2024 16:40

sleepyscientist do you know why we no longer have a manufacturing sector?

Hint: it is not because of benefit claimants.

sally037 · 15/02/2024 16:41

sleepyscientist · 15/02/2024 16:36

We need to cut benefit spending to the bare minimum and introduce a minimum work requirement. We are living in a fantasy where we can be a world power house without a manufacturing sector or a working class doing those jobs. Immigrants aren't the problem, local to use they work on farms, in take away etc it the British born that are the problem.

But where would you cut benefits? They are literally already at the bone, they mostly go to either pensioners or those in work anyway, I guess you could means test the state pension but with FPTP no party would be that bold as they basically wouldn't win, it would need a cross party agreement.

Also surely cutting benefit would destroy the economy even more, you're literally talking about removing billions of pounds from the economy. Most people on benefits don't put benefit payments into savings accounts or send it offshore, they have to spend it in order to live so it mostly gets spent and circulated around the wider economy.

BIossomtoes · 15/02/2024 16:43

IClaudine · 15/02/2024 15:05

Look what Labour did last time they were in

Yes, the NHS was in great shape for a start.

Indeed. So was GDP.

UK officially in recession...
BIossomtoes · 15/02/2024 16:48

TheThingIsYeah · 15/02/2024 15:51

@Dapbag

I lived through the last Labour government and it was a much more optimistic and positive time to be alive. Workers rights, childcare, the environment, the economy, education, health, housing - all much better.

As for your second point. In May 2010, when the Conservative-led coalition came to power, the national debt was £1.03 trillion. As of March 2019 it had risen to £1.80 trillion.

The whole world was a much more optimistic place pre-9/11 and pre-social media.

My memory of May 2010 is the note left at the Treasury for the incoming Conservative replacement that read "There's no money left"

You mean the Treasury tradition started by a Tory chancellor? I wonder what Hunt’s note will say?

https://www.theguardian.com/politics/2010/may/17/liam-byrne-note-successor

Ex-Treasury secretary Liam Byrne's note to his successor: there's no money left

Byrne left letter on desk for incoming minister David Laws

https://www.theguardian.com/politics/2010/may/17/liam-byrne-note-successor

unloquacious · 15/02/2024 16:49

I’m not from the UK, but when we watched on the news how UK decided to have complete lockdown and close things down we suspected it would affect the economy for years and years. We kept things open and ended up with about the same or even less deaths in the end anyway. I think the difference was though that our politicians stepped back and gave our chief epidemiologist all power.

LivingColour · 15/02/2024 16:57

I’m not going to get into an argument about immigration, but as a general FYI not all immigrants are asylum seekers. They are not interchange terms - they mean very different things.

cardibach · 15/02/2024 16:58

EasternStandard · 15/02/2024 16:32

This one. You just posted it. Anyway as said it won’t happen

That one that says we should clear the backlog? Going to have a go as t9 the mechanism by which doing that would increase numbers of asylum seekers?

shielder · 15/02/2024 16:59

We need to cut benefit spending to the bare minimum and introduce a minimum work requirement.

So you want pensioners to go to work? 🙄

2dogsandabudgie · 15/02/2024 17:00

IClaudine · 15/02/2024 14:20

Labour's missions are here, if anyone is interested. They haven't dropped any of them, have they? If so which ones?

https://labour.org.uk/missions/

Edited

What was the point in posting that if you didn't want it to be discussed!??

BIossomtoes · 15/02/2024 17:00

cardibach · 15/02/2024 16:58

That one that says we should clear the backlog? Going to have a go as t9 the mechanism by which doing that would increase numbers of asylum seekers?

Surely if clearing the backlog would increase numbers, creating the backlog should have made them fall?

jasflowers · 15/02/2024 17:02

Not quite sure why everyone is banging in about migration, the Tories have totally failed in that too, though funnily enough, without those 750k migrants, the UK GDP would have fallen even further!

Has Recession Richi managed to actually do anything?? even the inflation drop is down to global energy costs falling.

Now we have Tax cuts as an answer to our woes! FFS! funded & based on Government spending cuts into next year and beyond, fucking the economy even further for supposed electoral gain, these people should be jail.

Its unbelievable given the state of our roads, public services & social care sectors... 40k nurses left the NHS last year... but just 30k joined a nursing degree course (many of these wil be overseas students with no intention of working in the NHS.

65k backlog of court cases, people waiting many years to see justice served, if at all.

Comparisons with other countries? UK has the highest inflation rate in the G7 and set to go higher, another comparison is Eurozone inflation @ 2.9% & our borrowing costs are super high too, thanks to Liz Truss.

But Labour....

shielder · 15/02/2024 17:02

In the meantime, if I need medical care I should have it no matter how old I am, I didn't say to the younger generation I'm not paying for little Johnny - he hasn't any paid NI yet!! People paid for me when I was a child, and I paid in when I was working so I have a reasonable right to access medical care if needed.
That's how the system is meant to work - it's a little wobbly at the moment but that's because of lots of extenuating circumstances - COVID, strikes, lack of funding, poor management of funding etc etc.

But the system cannot work with the changing demographics, we have more over 65s then under 15 yrs olds. And people wonder why governments aren’t tough on immigration.

EasternStandard · 15/02/2024 17:05

cardibach · 15/02/2024 16:58

That one that says we should clear the backlog? Going to have a go as t9 the mechanism by which doing that would increase numbers of asylum seekers?

Your post - Safe routes via France and clearing backlog. You’ll increase demand.

Even Starmer isn’t doing that. Think it’s offshore processing now

I don’t think he knows quite, but I’m sure he’ll fill you in at some point

sleepyscientist · 15/02/2024 17:08

IClaudine · 15/02/2024 16:40

sleepyscientist do you know why we no longer have a manufacturing sector?

Hint: it is not because of benefit claimants.

Edited

Because it's too expensive to manufacture here yet we are spending money on out of work benefits. We need incentives to bring manufacturing back (tax breaks, free land etc)

Personally I think the pension age needs to rise with private pensions if you want to go early.

We live in a northern town the amount of people working the bare minimum is unreal as it's topped up by benefits. Yet we have immigrants putting in 15 hour days to get a step on the ladder.

IClaudine · 15/02/2024 17:10

sleepyscientist · 15/02/2024 17:08

Because it's too expensive to manufacture here yet we are spending money on out of work benefits. We need incentives to bring manufacturing back (tax breaks, free land etc)

Personally I think the pension age needs to rise with private pensions if you want to go early.

We live in a northern town the amount of people working the bare minimum is unreal as it's topped up by benefits. Yet we have immigrants putting in 15 hour days to get a step on the ladder.

The Tories destroyed manufacturing in favour of the UK becoming a service industry.

StarDolphins · 15/02/2024 17:12

Dapbag · 15/02/2024 15:27

@StarDolphins All the ‘tories fault’ folk are in for a shock!

Whose fault is it then?

Imo partly a global & partly tories. However, Labour taking us through covid/lockdown, an aging population, immigration, wars, would’ve been a shitshow.

StarDolphins · 15/02/2024 17:19

Naptrappedmummy · 15/02/2024 15:21

I’m not a Tory voter and will be voting Labour, but I agree there’s basically nothing they can really do but tinker around the edges and not take the mick out of the public on social media.

I was optimistic & happy in 2010 too. The world is different now & it’s not the most fault of CP (though, like I said I won’t be voting them & they’re awful). Wars, too many people & various other things have had a big impact.

Labour will come in chanting ‘We’ll fix the NHS, we’ll bring it babk’ when the least they will do is chuck billions at it (not knowing where the money’s coming from) and these extra billions will disappear into middle management with no plan of investing in new Drs/nurses & we’ll be back to head scratching.

Zonder · 15/02/2024 17:19

cardibach · 15/02/2024 16:08

I refer you to my other post about that note. You have to be either really fucking ignorant or really fucking lying to still use that. As for the gold reserves…
https://www.ft.com/content/5788dbac-7680-11e0-b05b-00144feabdc0

This. Although at least @TheNoonBell knew it wasn't Gordon Brown, unlike @TheThingIsYeah

Just one of those convenient half truths that get wheeled out by people clutching at straws.

shielder · 15/02/2024 17:19

Because it's too expensive to manufacture here yet we are spending money on out of work benefits. We need incentives to bring manufacturing back (tax breaks, free land etc)

But people want cheap products now & you can’t compete with China.

Personally I think the pension age needs to rise with private pensions if you want to go early.

How much later would you put it considering it’s 68 now & life expectancy isn’t increasing?

Zonder · 15/02/2024 17:21

Labour will come in chanting ‘We’ll fix the NHS, we’ll bring it babk’ when the least they will do is chuck billions at it (not knowing where the money’s coming from)

We all know this is BS @StarDolphins the labour party have made it clear they have a lot to do to clear up the shit and won't be performing any miracles.