Tuesday, 17 September 2024

Labour: Cutting consumption with higher taxes, higher utility prices and higher prices in the shops will lead to mass unemployment

 

Even before the first budget is presented in Parliament, the Labour government has cut disposable income with higher taxes, higher utility prices and higher prices in the shops. 

In a reminder of what happened during the Covid Pandemic when lockdowns reduced economic activity dramatically to the point that the then Conservative government had to implement furloughs schemes to try to save ailing companies and prevent massive job losses, the Labour government now seems to intend to cause yet another financial crise.

Cutting disposable income in the United Kingdom while increasing the amount of monies thrown into a foreign bottomless barrel is a strategy for disaster. Money, money, money but not for Britain. Is this a government for the United Kingdom?

In the meantime, Prime Minister Keir Starmer travels around the world, organising new wars and leaving a trail of Pounds as he smiles for television cameras, but.... never mind... private donations for his wife's wardrobe are always welcomed.

When eve supermarket chains like Tesco are closing down branches, you can foresee what the future will be as numbers of cases of shoplifting in supermarkets increase exponentially.

 

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