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Corbynomics: A Dystopia

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Comments

  • Moby
    Moby Posts: 3,917 Forumite
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    kinger101 wrote: »
    He might well start to restrict this, but if you think it's going to push higher rate tax payers toward voting Corbyn, you're deluded. If the changes are neutral or even slightly positive toward basic rate tax payers, then they might even be regarded as positive by the majority of the electorate who'll never pay 40% tax anyway.

    Personally, I think the more they bυgger around pension taxation, the less inclined people will be to put money into a scheme, for fear that future governments will impose additional taxes at some later date.
    I agree a new flat rate might be well received by the majority! I'm suprised though that Osborne looks like making these changes....unless it's all unfounded speculation!
  • Moby
    Moby Posts: 3,917 Forumite
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    Generali wrote: »
    I live on planet earth which is a good start.

    Which bit is wrong BTW?
    For a start you don't mention London....did you know most recent polls put Sadiq 10 points ahead. You only seem to quote polls when they suit. Your thesis also doesn't acknowledge how volatile things are. ....The EU referendum...how will that play out?....Cameron will then be replaced ....by who? Will they be as popular? That will all happen before 2020.
  • kinger101
    kinger101 Posts: 6,581 Forumite
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    edited 23 January 2016 at 1:07PM
    Thrugelmir wrote: »
    All further moves to simplify the rules are welcomed. Why should a small % of people benefit from the current rules. Agree that a such to move to say a flat rate 30% would be politically clever for GO. As would benefit the middle class. The ground where elections are won and lost. As people vote from a personal rather than political perspective.

    We'll have to wait and see what happens. Every chancellor promises tax simplification, and as a result, the taxation manuals have now ballooned to around 20,000 pages.

    My concern is mainly around the tax free lump sum. We don't know what the income tax rate will be when we retire, but being able to take a quarter out untaxed means a pension scheme is good value for a basic rate taxpayer.

    I think there will be a something for BR tax payers though the more I think about it, for the reasons you mention. The tax system is an effective way of giving sweeteners to the swing voters. GO is very shrewd, and I can't at the moment envisage anyone else being the next PM.
    "Real knowledge is to know the extent of one's ignorance" - Confucius
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    edited 23 January 2016 at 1:15PM
    Moby wrote: »
    For a start you don't mention London....did you know most recent polls put Sadiq 10 points ahead. You only seem to quote polls when they suit. Your thesis also doesn't acknowledge how volatile things are. ....The EU referendum...how will that play out?....Cameron will then be replaced ....by who? Will they be as popular? That will all happen before 2020.

    We don't know what is going to happen in future, I agree with you there.

    We do know that Tony Blair is the only Labour leader to have led the party to victory since 1974 and that the Trade Unions, of which the Labour party is the political wing, have been shedding members pretty much since the 1970s.

    Despite a far bigger workforce today, trade union membership has fallen from about 11,000,000 in 1974 to about 7,000,000 today (per the ONS). Almost nobody in the private sector is a member of a trade union today (only 14% of private sector workers are union members today compared with over 50% of public sector workers) and even in the public sector membership is down from 60% to 50% of workers since 1995.

    Regarding Cameron, you seem to think he's a posh nit-wit so presumably pretty much any new leader would make Labour even less likely to win.

    So the union movement is in decline and only the most right wing Labour leader ever seems able to win elections for Labour any more. Please tell me where I am wrong.
  • Spidernick
    Spidernick Posts: 3,803 Forumite
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    kinger101 wrote: »
    The UK is an excellent place for food, culture and diving. In fact, London must be one of the best places in the world for food and culture.

    I don't think he meant the type of diving employed by Ashley Young and others on the football field, which is what I think of when someone mentions diving in the UK! ;)
    'I want to die peacefully in my sleep, like my father. Not screaming and terrified like his passengers.' (Bob Monkhouse).

    Sky? Believe in better.

    Note: win, draw or lose (not 'loose' - opposite of tight!)
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    Generali wrote: »
    It's an interesting thesis. Here's another one.

    Corbynism is just another spin on undergraduate hard left politics which does nothing at all to resolve the problems of the UK as seen by the 'working class' (who actually are increasingly middle class: kids at uni and owning property or at least aspiring to be).

    The only thing Mr Corbyn is doing for the Labour Party is hastening its demise. The only reason they get the number of voters they do is because as the second largest party they get a huge amount of money from the state plus guaranteed (by law) access to the media. Oh, and they get huge amounts from state employees who are about the only members left of trades unions.

    The working class are abandoning Labour for UKIP who, rightly or wrongly, they feel speaks for them. Once UKIP, who I do not support in any way, reaches a critical mass of starting to make genuine inroads into the Labour vote, Labour will wither on the vine to become an echo of history, rather like the Lib Dems being the remnants of the Liberal Party.

    Labour, I am sure, will return a few MPs from some of the northern cities with aging populations. The few left that remember the glory days of Bevan and Atlee. Labour simply aren't relevant any more. The obscure arguments over minutiae of ideological purity from the writings of 19th Century theorists don't mean anything in 21st Century Britain. The fact that Labour has returned one PM in the last 42 years and probably won't have returned a PM except Mr Blair for 51 years by the time of the 2025 General Election tells you all you need to know about the Labour Party.

    The UK needs a party of opposition and the closest thing at the moment seems to be the SNP. Labour seem to be more interested in shooting themselves in the foot right now (no pun intended).

    I had to laugh about the "access to media", the Guardian is hostile 90% of the time, and even a broadsheet like the Telegraph rarely doesn't have a Corbyn leader. Last time I looked it was that Jeremy Corbyn refuses to name his cat, and calls it El Gato. They weren't quite sure what was wrong with this except it sounded suspicious and foreign and Spain might be a bit communist.

    The BBC soundbites everything down to the one controversial thing he may have said in a half hour interview, repeats it on a loop then gets 10 Tory vested interests to spend an hour picking it apart.

    Its a joke. Like with the Scottish Independence most people who actually want to know what is going on are now using social media. And what they are learning is not what the newspapers that you probably read are saying.


    As for the working class abandoning Labour for UKIP. I dont know why you think that. Narrow minded racists have abandoned Labour for UKIP, as they have abandoned the other parties. Good riddance to them. They are neither needed nor wanted.

    Labour's membership has been growing massively, and the mass exodus never happened. Corbyn has the almost total support of his membership and its just starting to dawn on the Blairite PLP that the membership are actually their constituents too. And it is them who are not supported.

    You can claim the death of Labour and the end of Corbyn, which was supposed to come at the end of September, October, after Oldham, by the end of the year, in May 2016 - but you can only keep predicting this before you are using the same kind of tautology as the people on hpc.co.uk are using to predict the next great house price crash.
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    michaels wrote: »
    Just before the election Milliband denied Labour had been overspending. This so terrified the electorate that They rushed out to vote Tory.

    Not many people rushed out to vote Tory. If there was any rushing done in the General Election it was to vote SNP. A party which defines itself on being the polar opposite of David Cameron and his privileged chums.

    The Tories have a thin majority at best which they got standing against a Labour opposition whose strategy was to be as much like the Tory party as possible so that no one could tell the difference.

    That has finished now. Whatever happens in the interim, when 2020 comes there will be a real opposition.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Not many people rushed out to vote Tory. If there was any rushing done in the General Election it was to vote SNP. A party which defines itself on being the polar opposite of David Cameron and his privileged chums.

    The Tories have a thin majority at best which they got standing against a Labour opposition whose strategy was to be as much like the Tory party as possible so that no one could tell the difference.

    That has finished now. Whatever happens in the interim, when 2020 comes there will be a real opposition.

    it will be interesting to see what happens when voters are no longer confused between labour and tory policies

    presumably the May local elections will the first real test
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Spidernick wrote: »
    which is what I think of when someone mentions diving in the UK! ;)

    I think of dry suit, full thermals and a trip down to see some rusty steel or some seals.

    None of this warm water and pretty coloured fish nonsense!
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    CLAPTON wrote: »
    when voters are no longer confused between labour and tory policies

    I'm currently confused between Labour's policies and Labour's other policies, which directly contradict the first set,
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
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