Iron Bru › Forums › Non Football › U-turns › Reply To: U-turns
Siderite, I had a fabulous time in the 1970s. One of, if not the best decade of my life. Music, university, no worries and girls. But I’d say by the standards of the ‘reasonable man’, which I clearly wasn’t (!) it was a dreadful time. Many people actually enjoyed WW2, but I don’t think it would be unreasonable — or incorrect — to say the 1940s were worse than the 1970s.
Deerey, it isn’t preposterous at all. One of the biggest failures of UK governments over the past 25 years has been to focus on short-term, vote-winning policies at the expense of long-term security and prosperity. You were all moaning and groaning about austerity while supporting a socialist approach to massive borrowing under Corbyn, compared to which Truss’s plans were a drop in the ocean. The markets have become immune to risk, just taking the printed money and hedging currencies, which isn’t difficult given the strength of the dollar; and even that’s mainly because the Fed hiked interest rates when the BoE should have been doing the same.
Despite all of this, Labour believes it’s become the ‘responsible manager’ of the economy. Yeah, right. Starmer’s plan to hit net-zero by 2030 is pure fantasy. What people on the left forget is that renewables account for a very small percentage of the country’s energy use. The cost of achieving this will be eye-watering to say nothing of the infrastructure requirements. It’s totally and utterly bonkers and if Starmer puts this at the centre of Labour’s strategy then I wouldn’t bet on an outright Labour victory no matter how badly the Tories are doing. That is, of course, providing the Tory MPs actually grow some balls and stop behaving like a nursery class, which I wouldn’t bet on.
Ultimately, as I’ve said on numerous occasions, all politicians are pretty useless regardless of their political party.