Ravel Reeves thinks she is facing an economic crisis. She’s wrong. She and Labour are facing a political crisis that demands that she spends. But will she realise that? youtu.be/b6EEzOofQbM?... - ThreadSky

richardjmurphy.bsky.social • 35 days ago

Ravel Reeves thinks she is facing an economic crisis. She’s wrong. She and Labour are facing a political crisis that demands that she spends. But will she realise that?

https://youtu.be/b6EEzOofQbM?si=KRHuRSJSFQTc_mmr

Comments

mr-pick.bsky.social•35 days ago

The same quicksand the last lot fell into. Governing to perceptions not realities. If your policies play to problems that are embellished, they’ll make real problems worse. Starmer has to stop leaning into issues the media hypes. Fix the distribution of income and you’ll get growth

ferrickbrick.bsky.social•35 days ago

Reeves is a banker’s accountant, she hasn’t the political wit to realise the real problem.

geneos.bsky.social•35 days ago

She understands that. The process doesn’t want or need economic prosperity and that is the point of a Starmer government. He is not there to win in 2029. He is there to set the foundation for a far right UK government to build on his work.

davidlaws.bsky.social•34 days ago

This week brings us plebs another serving of Reeves’ Fiscal Gruel

intellectualporpus.bsky.social•35 days ago

We voted for Labour and all we got was rebranded Tories.

ianmackay.bsky.social•35 days ago

I'm old enough to remember when govts chose fiscal stimulus to get out of slumps.

muralive.bsky.social•33 days ago

Agree, the easiest thing Labour can save £30B/year by not paying interest on the money held by Banks. We should push them do this first

billfyfe73.bsky.social•35 days ago

She is facing an economic crisis but it's one of her own making.

Making cuts has never helped grow an economy and never will.

progfairy.bsky.social•35 days ago

Exactly this

adhddude.bsky.social•35 days ago

I watch your videos daily, and you are one of the few speaking up. Thanks Richard.

caledonian-g.bsky.social•35 days ago

Nice typo. Unravel Reeves... 🤷‍♂️

martinpb66.bsky.social•35 days ago

Reeves and Starmer are not listening, they don't want to listen, the group whose approval they want represent the super rich and privately educated elites, in that echo chamber what they are doing is the right thing, keeping these groups rich and not letting anything change that.

natbat71.bsky.social•35 days ago

They're just more establishment whores,

Performing Horatio and Cumulus Nimbus whenever their paymasters ask, be it the toffs, the Yanks or Israel,

Woefully inadequate for 95% of the population at least.

jackiethewise-ish.bsky.social•35 days ago

I hope Rachel Reeves has the intelligence to listen to this.

falanxzealot.bsky.social•35 days ago

You presuppose that Reeves isn't just aiming to kill off as many vulnerable people as was expressed as a wish of the establishment as long ago as 2019, Richard.

southlondonman.bsky.social•35 days ago

Excellent!
In addition we have an economy where tax revenue and wealth disappears overseas.
How? Foreign ownership of the Utilities, the Outsourced Public Sector and Big Tech.
In ‘Vassal State’ Angus Hanton calculates each household is paying £2100 pa into tax havens. And that’s just US companies.

adybee.bsky.social•35 days ago

turnip360.bsky.social•35 days ago

It takes a remarkable brand of stupidity to have watched the devastation of austerity in the 2010s and yet to think that we need more austerity in the 2020s.

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