Can Liz Truss survive her premiership?

Discussion in 'Politics' started by Saint, Sep 7, 2022.

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  1. Saint Valued Senior Member

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    Western imperialism is in collapse, fake democracy and distorted humans rights, the western economy and social values are collapsing, society torn apart.
    Will die soon.
     
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  3. Sarkus Hippomonstrosesquippedalo phobe Valued Senior Member

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    "Western imperialism" collapsed quite a while ago. Most settled/conquered colonies are now independent, with mostly only small island nations remaining part of any empire. Also, no Western country actively engages in any imperialism (extending territory) other than Russia. In a global context, China would seem to be the most imperialistic nation at the moment.
    Otherwise it's all just a matter of ideology, not empire-building.
    No country has really ever had a "true" democracy since some of the ancient Greek city states (like Athens) tried it.
    At least there is some effort to give power to the will of the people, rather than dictate to them based on the will of, say, a Dictator (whether one person or party-led dictatorship).
    Like the systematic "re-education" of ethnic religious minorities? The closing down of large numbers of LGBT organisations? Lack of freedom of speech? Those sorts of things?
    Economies fluctuate, and western economies are going through tough times, in part due to the way they chose to handle the pandemic borne out of China, and in part due to Russia's invasion of Ukraine. Are western economies "collapsing"? Demonstrably no.
    Are social values collapsing? I haven't noticed any collapse. But if you are able to define what you mean, perhaps by giving examples, we may be able to better answer what at present comes across as just a childish ill-informed rant.
    Your evidence of this is...? There are of course social issues that every country has to face, and the economic situation isn't helping that, but other than wishful thinking, I'm wondering whether you actually have any idea what you're talking about?
    Of course it will.

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  5. C C Consular Corps - "the backbone of diplomacy" Valued Senior Member

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    Simply espousing that refrain, or one's thought orientation still revolving around the trope, means that one has been mentally, ideologically colonized by the Left. Which is ironically yet another European product (18th-century French philosophy and the French Revolution, refined and packaged by that "German guy" in the latter half of the 19th-century).

    In this day and age, defunct "imperialism" is one of the many lingering cliches that the Left can't let go of, since the opportunistic life-blood of its intellectual class proselytizers is the persistence of oppression (whether real or imaginary projection).

    Well, the expanded social justice and "censorship of thought" impetus (informal Wokeism) descended from the New Left of the '60s and '70s might, possibly die with the collapse of the West. Since some non-Western geographical areas occasionally seem to be amused or perplexed by the pretentious displays or the facade of white guilt that either drive or motivate it on the exploitive do-gooder surface.

    But the old version of the Left will still be prowling around in Asia and other parts of the world. And it won't rid you of capitalism, because the generic socialist administrative level finally learned (after many failed and mass-murder attempts) that it has to be parasitical on capitalism in order to survive or thrive; and for its host state to compete successfully with its contingent rivals/enemies. All wonderfully exemplified by China.

    In the America of today, things have switched to where the "traditional proles" have ironically become opposing Red State trash (i.e., one might facetiously regard "red" as stealth-speak for "redneck") that the managing intellectual class contemptuously smears the underside of its footwear on every day in journalism and other media.

    Due to that incremental transition of its original category chumps turning against them in the latter 20th-century, the scope of social justice had to be range out to new population groups. Though that inclusivity was actually always part of the Left in theory and even in mitigated practice, as well and the progressive capitalists who hijack its movements for their own ends. It was just overshadowed by that political genre's often patriarchal and covert bigoted leaders in the old days.
     
    Last edited: Sep 23, 2022
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  7. Saint Valued Senior Member

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    Truss's tax cut will save UK's economy?
    Why UK is not competitive now?
    The people too lazy?
     
  8. C C Consular Corps - "the backbone of diplomacy" Valued Senior Member

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    Obstruction of change at every level, from legislative to departmental bureaucracy to bookkeepers to worker unions to protest by activist groups to litigation by local citizens to the angry individual recruiting the court's political sympathies to protect their delicate sensibilities.

    Well, the ideology compromised and invalid-science afflicted domain of the social sciences might be striving its best to make that a reality...

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  9. Saint Valued Senior Member

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    UK is still a global education hub, many commonwealth countries' students, and from EU and US too, going to UK to study, this earns a lot of money for UK.
    I hope this will continue.
    Why Labor is always against Conservative's policy?
    Does Labor can fix the problems more effectively?
     
  10. Saint Valued Senior Member

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    I think GBP is in bad shape.
     
  11. exchemist Valued Senior Member

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    Yes, the UK has been very badly governed since the catastrophically stupid decision to leave the EU. It is time for a change of government.
     
  12. exchemist Valued Senior Member

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    First of all, I'm not sure what is meant by the UK economy being "uncompetitive".

    What is without doubt, however, is that the growth rate of the UK economy is low compared to most peers. The reasons you list are not those that most UK economists would identify as chiefly responsible. They generally say it is due to two main factors: lack of investment in appropriate skills and lack of business investment. The former is largely the fault of government education policy which is still fixated on the narrow and academically focused A level system and sending too many to university to get academic degrees of doubtful utility. This in contrast to Germany for example, which for decades has educated a large tranche of students with workplace skills. Regarding business investment, the problem is lack of economic stability and clarity on industrial policy. This has taken a huge knock since Brexit erected barriers to trade with the UK's biggest trade partner by far, in 2016. Since then, the UK has had bad governments, unable to articulate a way forward to compensate for that damage, which for the most part they refuse even to acknowledge, for ideological reasons. Who would invest in such a climate? Not many.
     
  13. Saint Valued Senior Member

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    I thought BP is A giant oil company, it cannot produce enough oil and gas for the UK?
     
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  14. C C Consular Corps - "the backbone of diplomacy" Valued Senior Member

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    This Cambo oil field protester site below sums up why the UK has to import most of its oil, despite North Sea reserves. As well as the activists' own obstructive existence supplying the additional element of a concerted effort to phase-out reliance on oil even if/when such is available.

    Being "green virtuous" entails current and future intervals of hardship with respect to energy, in the course of the incremental, bumpy, "plagued by gaps" transition to alternative sources. (Bitter costs for the working poor anyway -- the middle class just has to cut expenses on frivolous and unnecessary things/activities it shouldn't have been wasting money on to begin with.)

    IOW, stringent morality and obeisance to just causes isn't meant to be a luxurious cakewalk littered with amenities, as the Puritans illustrated centuries ago or plain people lifestyle in general. Or just the traditional cloister (monasteries and convents).

    Why new North Sea oil and gas production won't help UK energy security
    https://www.stopcambo.org.uk/update...d-gas-production-wont-help-uk-energy-security

    EXCERPTS: The geology of the North Sea means that, after nearly 50 years of production, 70% of what’s left in the basin is oil not gas – and not the type of oil that we use in UK refineries, which means that we export 80% of it. [...] The UK does not face an energy shortage, rather a crisis of affordability. ... Gas production from these fields, however, would only start in 2026-7 at the earliest, so in four years time, and after five years of marginally reduced imports most of it would be gone. And all the while, this gas would be sold to us at the market price, which could remain unaffordably high. New fields, fast-tracked or not, are no fix for the UK's energy security.
     
  15. RainbowSingularity Valued Senior Member

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    Catholic Chinese Malaysian Socialist Elitist spouting Chinese propaganda Tropes ...
     
  16. Saint Valued Senior Member

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    The mini-budget will fail or succeed?
     
  17. exchemist Valued Senior Member

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    Neither. It will be changed or withdrawn. It cannot be implemented as it stands.
     
  18. Sarkus Hippomonstrosesquippedalo phobe Valued Senior Member

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    Despite your view that "Western imperialism is in collapse, fake democracy and distorted humans rights, the western economy and social values are collapsing, society torn apart."?
    Because they are the "official opposition". Historically, and constitutionally, being the "official opposition" has 3 main roles: to criticise the government, to oppose the government, and to seek to replace the government. Because this is enshrined in the constitution (i.e. the laws and rules by which the country is run), they can claim to be the "loyal opposition", because they are doing what is required of them.
    Occasionally you get matters arising that garner cross-party support, but usually these are matters where taking the opposing view is difficult (politically, morally etc) or where the solution is just so obvious that to delay implementing would be foolish.
    Sometimes matters are given a free vote, meaning that party lines do not need to be adhered to, and that it should be up to each individual to vote according to their own conscience / rationale etc.
    They think so. Although "effectively" is a matter of perspective.
     
  19. Sarkus Hippomonstrosesquippedalo phobe Valued Senior Member

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    The concern is that they will be obstinate and stick to it almost regardless of any criticism. I think they will remove the scrapping of the higher-rate tax bracket. By their own admission it raises relatively little for the Treasury, and the optics of scrapping it look so bad. They claim simplifying the system will save money, but it's difficult to see how it would be anything significant. As for the rest, who knows. Labour have a good point that the Tories seem almost the opposite of sense when it comes to borrowing: while it was historically cheap they went through a period of austerity, and now the cost of borrowing is climbing quickly, they want to borrow huge amounts. Backward, it seems.
     
  20. exchemist Valued Senior Member

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    When the OBR assessment comes out, the only way they will be able retain the policy, without the markets crucifying the country within days, is by swingeing cuts in public services. If they try that there will be uproar, given the state of public services today. There would probably be a general strike and maybe riots - poll tax all over again. They are fucked.

    It comes to something when the chief economist of UBS describes the modern Tory party as resembling a "doomsday cult": https://www.marketwatch.com/story/n...-doomsday-cult-ubs-economist-says-11664201615
     
  21. Sarkus Hippomonstrosesquippedalo phobe Valued Senior Member

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    Quite possibly, but Truss seems to want to portray herself as Thatcher Mk 2, and I can see her using "the Lady's not for turning!" It will take her own party to stop her, of that I'm sure. Unfortunately you have ****-wits like JRM - who thinks Hydrogen is a "silver bullet" for heating houses, and who is so out of touch with the populace that I don't think it's possible any longer to caricature him.
    And when the IMF (Tom Cruise et al???) start raising concerns!
     
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  22. exchemist Valued Senior Member

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    Paul Krugman and others are speaking now of the UK attracting a "moron premium" in the gilt markets: https://medium.com/@will_genh/the-moron-premium-b9550a05db59
    The guy who wrote this blog used to be a city analyst of some kind - he's very direct and very funny......something really stupid coming down the tracks, etc..........
     
  23. Saint Valued Senior Member

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    Reducing company's tax is good, companies will have more money to spend for CAPEX, hire more people, more people got job and be able to spend money, businesses can roll, this is a good policy.
    It will take some time to show positive effect.
     
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