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Post by Totheleft on Jan 29, 2024 16:08:26 GMT
Get Britain building again
It’s time for change.
The British economy has been growing at the slowest rate for two centuries under the Tories. And the small amounts of growth it has seen have not benefited the whole country. The result is the biggest fall in living standards in a generation.
It should be the case that if you work hard and play by the rules, you will get on. But for millions of people that is simply not the case. People are working harder than ever but too often for less reward.
For too long we have lacked economic stability,
an industrial strategy, or enough public and
private investment to kickstart growth. There has not been a willingness to reform outdated planning laws that restrict the building of vital new homes and infrastructure.
, our foundations are less secure.
For 14 years, growth has averaged 1.5%, when it was over 2% under the last Labour government. If we had continued to grow at a similar rate, we would have had tens of billions extra to put into our hospitals and schools.
The Tories have made mistakes, serious mistakes.
First, austerity cut to the bone the vital investment needed for growth.
Second, the Tories negotiated a Brexit deal that has caused serious damage to our economy.
Third, when Rishi Sunak was Chancellor, he failed to grow the economy and instead raised taxes to their highest level.
Fourth, the wild Liz Truss experiment crashed the economy.
Fifth, the Sunak-Hunt high tax, low growth economy we are seeing today
The result is the highest taxes for 70 years, soaring mortgage and rent payments and flatlining growth
What Renowned Economist think
UK team, IMF European Department
for
Prior to the 2008 global financial crisis, the UK had been a strong performer among the Group of Seven countries. But this momentum was lost in the middle of the last decade. By 2022, real business investment was still slightly lower than in 2016—in contrast to the 14 percent increase among other G7 economies. Labor supply, which has just reached its pre-pandemic level, has also been weaker than peers. As in other advanced economies, productivity growth has been sluggish, reflecting a slower pace of innovation and technological diffusion..
Goldman Sachs
Prior to the 2008 global financial crisis, the UK had been a strong performer among the Group of Seven countries. But this momentum was lost in the middle of the last decade. By 2022, real business investment was still slightly lower than in 2016—in contrast to the 14 percent increase among other G7 economies. Labor supply, which has just reached its pre-pandemic level, has also been weaker than peers. As in other advanced economies, productivity growth has been sluggish, reflecting a slower pace of innovation and technological diffusion.
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Post by Fairsociety on Jan 29, 2024 16:15:33 GMT
Get Britain building again It’s time for change. The British economy has been growing at the slowest rate for two centuries under the Tories. And the small amounts of growth it has seen have not benefited the whole country. The result is the biggest fall in living standards in a generation. It should be the case that if you work hard and play by the rules, you will get on. But for millions of people that is simply not the case. People are working harder than ever but too often for less reward. For too long we have lacked economic stability, an industrial strategy, or enough public and private investment to kickstart growth. There has not been a willingness to reform outdated planning laws that restrict the building of vital new homes and infrastructure. , our foundations are less secure. For 14 years, growth has averaged 1.5%, when it was over 2% under the last Labour government. If we had continued to grow at a similar rate, we would have had tens of billions extra to put into our hospitals and schools. The Tories have made mistakes, serious mistakes. First, austerity cut to the bone the vital investment needed for growth. Second, the Tories negotiated a Brexit deal that has caused serious damage to our economy. Third, when Rishi Sunak was Chancellor, he failed to grow the economy and instead raised taxes to their highest level. Fourth, the wild Liz Truss experiment crashed the economy. Fifth, the Sunak-Hunt high tax, low growth economy we are seeing today The result is the highest taxes for 70 years, soaring mortgage and rent payments and flatlining growth What Renowned Economist think UK team, IMF European Department for Prior to the 2008 global financial crisis, the UK had been a strong performer among the Group of Seven countries. But this momentum was lost in the middle of the last decade. By 2022, real business investment was still slightly lower than in 2016—in contrast to the 14 percent increase among other G7 economies. Labor supply, which has just reached its pre-pandemic level, has also been weaker than peers. As in other advanced economies, productivity growth has been sluggish, reflecting a slower pace of innovation and technological diffusion.. Goldman Sachs Prior to the 2008 global financial crisis, the UK had been a strong performer among the Group of Seven countries. But this momentum was lost in the middle of the last decade. By 2022, real business investment was still slightly lower than in 2016—in contrast to the 14 percent increase among other G7 economies. Labor supply, which has just reached its pre-pandemic level, has also been weaker than peers. As in other advanced economies, productivity growth has been sluggish, reflecting a slower pace of innovation and technological diffusion. Yawn. |
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Post by Bentley on Jan 29, 2024 16:31:52 GMT
The cut and paste monkey strikes again .
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Post by Pacifico on Jan 29, 2024 17:20:37 GMT
Mod Notice
If any member of the forum is going to cut and paste screeds of text from other websites (in this case the Labour Party) could they please give a link to that website.
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Post by sheepy on Jan 29, 2024 17:38:28 GMT
Get Britain building again It’s time for change. The British economy has been growing at the slowest rate for two centuries under the Tories. And the small amounts of growth it has seen have not benefited the whole country. The result is the biggest fall in living standards in a generation. It should be the case that if you work hard and play by the rules, you will get on. But for millions of people that is simply not the case. People are working harder than ever but too often for less reward. For too long we have lacked economic stability, an industrial strategy, or enough public and private investment to kickstart growth. There has not been a willingness to reform outdated planning laws that restrict the building of vital new homes and infrastructure. , our foundations are less secure. For 14 years, growth has averaged 1.5%, when it was over 2% under the last Labour government. If we had continued to grow at a similar rate, we would have had tens of billions extra to put into our hospitals and schools. The Tories have made mistakes, serious mistakes. First, austerity cut to the bone the vital investment needed for growth. Second, the Tories negotiated a Brexit deal that has caused serious damage to our economy. Third, when Rishi Sunak was Chancellor, he failed to grow the economy and instead raised taxes to their highest level. Fourth, the wild Liz Truss experiment crashed the economy. Fifth, the Sunak-Hunt high tax, low growth economy we are seeing today The result is the highest taxes for 70 years, soaring mortgage and rent payments and flatlining growth What Renowned Economist think UK team, IMF European Department for Prior to the 2008 global financial crisis, the UK had been a strong performer among the Group of Seven countries. But this momentum was lost in the middle of the last decade. By 2022, real business investment was still slightly lower than in 2016—in contrast to the 14 percent increase among other G7 economies. Labor supply, which has just reached its pre-pandemic level, has also been weaker than peers. As in other advanced economies, productivity growth has been sluggish, reflecting a slower pace of innovation and technological diffusion.. Goldman Sachs Prior to the 2008 global financial crisis, the UK had been a strong performer among the Group of Seven countries. But this momentum was lost in the middle of the last decade. By 2022, real business investment was still slightly lower than in 2016—in contrast to the 14 percent increase among other G7 economies. Labor supply, which has just reached its pre-pandemic level, has also been weaker than peers. As in other advanced economies, productivity growth has been sluggish, reflecting a slower pace of innovation and technological diffusion. In all honesty I can pick so many holes in that it would look like a string vest, I just cannot be arsed. |
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Post by Totheleft on Jan 29, 2024 18:04:16 GMT
Mod Notice
If any member of the forum is going to cut and paste screeds of text from other websites (in this case the Labour Party) could they please give a link to that website. [/quot e] It's just not the labour party site I also pasted from Respectable Economic organisation. |
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Post by Totheleft on Jan 29, 2024 18:07:25 GMT
Get Britain building again It’s time for change. The British economy has been growing at the slowest rate for two centuries under the Tories. And the small amounts of growth it has seen have not benefited the whole country. The result is the biggest fall in living standards in a generation. It should be the case that if you work hard and play by the rules, you will get on. But for millions of people that is simply not the case. People are working harder than ever but too often for less reward. For too long we have lacked economic stability, an industrial strategy, or enough public and private investment to kickstart growth. There has not been a willingness to reform outdated planning laws that restrict the building of vital new homes and infrastructure. , our foundations are less secure. For 14 years, growth has averaged 1.5%, when it was over 2% under the last Labour government. If we had continued to grow at a similar rate, we would have had tens of billions extra to put into our hospitals and schools. The Tories have made mistakes, serious mistakes. First, austerity cut to the bone the vital investment needed for growth. Second, the Tories negotiated a Brexit deal that has caused serious damage to our economy. Third, when Rishi Sunak was Chancellor, he failed to grow the economy and instead raised taxes to their highest level. Fourth, the wild Liz Truss experiment crashed the economy. Fifth, the Sunak-Hunt high tax, low growth economy we are seeing today The result is the highest taxes for 70 years, soaring mortgage and rent payments and flatlining growth What Renowned Economist think UK team, IMF European Department for Prior to the 2008 global financial crisis, the UK had been a strong performer among the Group of Seven countries. But this momentum was lost in the middle of the last decade. By 2022, real business investment was still slightly lower than in 2016—in contrast to the 14 percent increase among other G7 economies. Labor supply, which has just reached its pre-pandemic level, has also been weaker than peers. As in other advanced economies, productivity growth has been sluggish, reflecting a slower pace of innovation and technological diffusion.. Goldman Sachs Prior to the 2008 global financial crisis, the UK had been a strong performer among the Group of Seven countries. But this momentum was lost in the middle of the last decade. By 2022, real business investment was still slightly lower than in 2016—in contrast to the 14 percent increase among other G7 economies. Labor supply, which has just reached its pre-pandemic level, has also been weaker than peers. As in other advanced economies, productivity growth has been sluggish, reflecting a slower pace of innovation and technological diffusion. In all honesty I can pick so many holes in that it would look like a string vest, I just cannot be arsed. Go on Sheepy have a try your surly more of a expert than.Goldman Sachs &UK team, IMF European Department. Lol |
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Post by sheepy on Jan 29, 2024 18:08:47 GMT
In all honesty I can pick so many holes in that it would look like a string vest, I just cannot be arsed. Go on Sheepy have a try your surly more of a expert than.Goldman Sachs &UK team, IMF European Department. Lol Goldman Sachs are amongst the biggest liars on the planet. |
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Post by Bentley on Jan 29, 2024 18:10:04 GMT
Mod Notice
If any member of the forum is going to cut and paste screeds of text from other websites (in this case the Labour Party) could they please give a link to that website. [/quot e] It's just not the labour party site I also pasted from Respectable Economic organisation. Whoooooosh. |
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Post by sheepy on Jan 29, 2024 18:12:53 GMT
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Post by Totheleft on Jan 29, 2024 18:13:08 GMT
Mod Notice
If any member of the forum is going to cut and paste screeds of text from other websites (in this case the Labour Party) could they please give a link to that website. [/quot e] It's just not the labour party site I also pasted from Respectable Economic organisation. Wait a minute aren't you the Guy who pasted a text from the anti immigration group. Migration watch what turned out to be misinformation. And didn't post a link.? |
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Post by Totheleft on Jan 29, 2024 18:13:56 GMT
Go on Sheepy have a try your surly more of a expert than.Goldman Sachs &UK team, IMF European Department. Lol Goldman Sachs are amongst the biggest liars on the planet. So you dount there Economist .belive me what they said was more flattering then other articles. |
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Post by Totheleft on Jan 29, 2024 18:18:12 GMT
Must be why they was flattering over there report |
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Post by Pacifico on Jan 31, 2024 8:02:51 GMT
Everything will be different under Labour....  |
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Post by witchfinder on Jan 31, 2024 10:52:52 GMT
I am no expert, and I am not an economist, but when you look around and see the state of Britains public services, you do have to wonder why on earth are the Conservatives considering using any spare change on tax cuts. ?
As seems likely, we will have a Labour government this time next year, and I think priority Number 1 has got to be the NHS, and though it will require investment, I think it will also need change, different ways of doing things, and reform.
The biggest problem is the Pinch-Point of A&E departments, which is causing long delays for both patients and in ambulance response times. The second huge problem is social care and bed blocking, and part of the problem is there's no joined up system.
If the Conservatives have actually had a plan to grow the economy, it hasn't worked, and if they have got a plan, then that is not working either, and they have had 14 years.
We must have strong growth to be able to afford to fix our public services, and there has to be a plan.
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