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How will Labour fund

6 replies

Pouchh · 27/09/2025 16:21

Increase in state pension
Scrapping the 2 child benefit - awful policy
National ID scheme

There is no growth and they’ve promised no increases in income tax or employee national insurance. Their increase on employer national insurance has been a disaster. Will they be forced to borrow more?

OP posts:
YorkshireGoldDrinker · 27/09/2025 16:25

Yes. We'll either borrow or print, or both. Then prices will go up again because the value of the currency will decrease again. We are in what is called a doom spiral.

At this rate I'm kind of looking forward to a bond market strike, as excruciating as that will be, but it will teach a lot of idiots a lot of very, very hard lessons.

ChardonnaysBeastlyCat · 27/09/2025 16:29

Pouchh · 27/09/2025 16:21

Increase in state pension
Scrapping the 2 child benefit - awful policy
National ID scheme

There is no growth and they’ve promised no increases in income tax or employee national insurance. Their increase on employer national insurance has been a disaster. Will they be forced to borrow more?

Well, it won't be Labour funding it.

It will be us, the taxpayers.

Parsley4321 · 27/09/2025 16:30

@YorkshireGoldDrinker whats a bond market strike if it reaches these Fabian’s a lesson I’m in

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YorkshireGoldDrinker · 27/09/2025 16:36

Parsley4321 · 27/09/2025 16:30

@YorkshireGoldDrinker whats a bond market strike if it reaches these Fabian’s a lesson I’m in

Bonds (gilts) are government debt. The more money the government borrows (debt accrued) the lower the trust and thus the higher the interest. If the bond markets decide "No, screw you, you're not having anymore money." the government will be forced to either raise taxes (only popular among those who hate the rich) or make huge cuts. It's the first step to curtailing massive spending.

ComfortFoodCafe · 27/09/2025 16:41

I dont think they will go ahead with scrapping the 2 child benefit after forcing the future disabled into poverty. They will get a lot of backlash. Cant take with one hand and give with another, especially as being disabled isnt a choice but having kids is.
besides that Reeves is struggling now, its just not possible.

Parsley4321 · 27/09/2025 16:57

@YorkshireGoldDrinker thank you

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