Wednesday 30 October 2024

'budget is coming! budget is coming!' (repeats chicken little, running around in circles)

''budget is coming! budget is coming!' repeats chicken little, running around in circles.'

so wrote horsemouth in his august 28th blogpost. 

and now it is here... or will be soon. 

will it be as bad as 'people' fear? bad for which 'people' replies horsemouth. 

this is another almost entirely written in the morning blogpost (you will be glad to hear). 

now if horsemouth thought that rachel reeves was going to squeeze the rich dry he would be reasonably delighted but instead he expects a series of measures that do little to address the grinding poverty in which the poor live. 

increasing employer national insurance contributions does not directly affect employees but it does make them more expensive to employ and thus less of them will be employed. in the old days the theory was that people who were employed would be lifted out of poverty but this is no longer the case (if indeed it was ever truly the case). 

leaving the tax thresholds where they are will drive up tax take (but also take more money off poorer people). 

meanwhile mike amesbury MP is in trouble. he has punched a constituent at 2.30am in the morning on the street (leading with his left horsemouth notices) and then followed him down to deliver four or five more punches to the constituent's head before onlookers successfully intervene. 

mike claims he was threatened. in a similar situation horsemouth would have made efforts to make himself scarce early doors rather than hung around for things to get ugly.  

'my advice, unless it was to ensure he can get as much money out of it for his family as possible, was to resign this morning, not let it drag on.' -  former labour adviser matthew torbitt. 

on the other hand it could easily be £82k a year for a couple of years of trial, appeal, recall petition, all while sitting as an independent free from party discipline. 

a greyish morning. today an egg delivery and a taking of the rubbish bin down the drive. 

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