Nero Fiddles Unabated….

[FatticusInch]

As Rome remains ablaze metaphorically of course).

https://news.sky.com/story/boris-johnson-will-not-intervene-in-cost-of-living-crisis-as-that-is-for-future-prime-minister-12668434

Even the CBI want issues addressed immediately but now he’s back from his jollies in Slovenia I wonder what other japes he’s got lined up for his last 4 weeks that’ll take precedence over the crises facing the country?
What a legacy he’s leaving eh?

[New Judge]

//Even the CBI want issues addressed immediately..//

Which is a very good reason not to address them. In just about every decision it has ever taken, every stance it has ever adopted, the CBI has been shown to be wrong. Best ignore their ramblings.

There was rampant inflation in the 1970s and 80s, for far longer than the few months it has currently been apparent. Nobody was given handouts; people got on with it. The whole world is suffering inflation at present. The causes are many and various but one of the main causes in the UK was the absolutely stupendous amount of cash that was lavished on people to enable them to remain at home during the pandemic. Many people thought it was free money and there would be no consequences. Completely predictably, they thought wrong and the bill has now landed on the doormat. To lavish even more free money on the population to meet their gas and leccy bills is simply pouring oil on the flames.

[Ellipsis]

British Gas was sold for £9 billion in 1986. I'm sure that money was set aside and invested carefully for times such as these, when that treasure chest can be used to provide vast handouts to pay the company we all used to own. Hahahahahahaha!

Funny (not) how state-owned EDF is putting up prices by 4% in France, while the same company is putting up prices by more like 40% in the UK. Who makes up the difference in France, do you think?

[gulliver1]

20.27 "What a Prat".....Who!....Naomi or Boris ??

[Gromit]

Johnson is a lame duck PM, and the long tedious Conservative leadership contest adds to the state of paralysis.

[Peter Pedant]

// Nobody was given handouts; people got on with it.//
o god you are not going to say we were mich better governed then are you?

The whole world is suffering inflation at present. ......... one of the main causes in the UK was the absolutely stupendous amount of cash that was lavished on people

erm no, because the UK lavished cash and the whole world is suffering and so you are logically allowed to conclude
the lavish amounts of cash CANNOT be the cause - since everyone else got it as well

bit of a judicial non sequitur there

oh oh you could say, there are many causes
nope sozza - ockham's razor, entes non multiplicanda sunt .....

( you knew I was gonna drag a bitta Latin in somewhere)

[New Judge]

Without all the Latin, Peter, when a government prints money without any accompanying increase in output or growth, you get inflation. This government (and many others) printed absolutely stupendous amounts of cash and much of it was given to people so that they need not work, and they need not worry. Well now they need to do both. As with many measures ostensibly taken to "fight" the virus, it involved kicking a big can down a long road.

//o god you are not going to say we were mich better governed then are you?//

I hadn't commented on it one way or another but since you mention it, yes I am saying that. Between 1979 and 1990 the country may not have been governed to everybody's taste, but it was governed effectively and in the country's best interests. It was certainly in a better economic state in 1990 than it was in 1979. But that's for another thread on another day.

[Ellipsis]

In the lack of the aforementioned treasure chest, perhaps one can be created with a windfall tax. In other words, tax the energy companies, give the money to the energy consumers, who then pay it to energy companies ...

[ToraToraTora]

//Even the CBI want issues addressed immediately..// - is this the CBI that wanted us to join the Euro? The ERM? If the CBI say something, do the opposite.

[FatticusInch]

That was quite a while ago, matters have changed a bit since.

Not to worry, Truss will sort it all out but don’t forget that in the not too distant past she was a Remainer king after she ceased being a LibDem so you decide how far back we’re gonna go?

[FatticusInch]

naomi24
//The reason he can’t intervene is explained in your link - and I posted a link elsewhere explaining the role of a ‘caretaker’ prime minister//

You were saying? There is no can’t as you well know, it’s a case of won’t.
Thankfully it won’t be long before this stain leaves politics for good, he won’t be hanging around in the UK for sure.

https://mobile.twitter.com/GMB/status/1557271343745441792

[Peter Pedant]

he is the first.... caretaker prime minister
so he can say convention ( hahahahahah did I say Boris abides by convention? there is womething wrong with me) sozza...convention is what ever he wants

or in Boris speak, he can lie and lie and lie
as he used to

silly me: boris and convention: how unconventional !

[FatticusInch]

So STILL refusing to do anything?

https://news.sky.com/story/no-new-measures-to-help-with-cost-of-living-after-crisis-talks-between-boris-johnson-and-energy-bosses-12670543

Martin Lewis was right, utter bull.