Mastodawn

Ed Parnell Nov 19, 2022

@RichardJMurphy the idfea is obviously to blame working people and those with little/no income for the sloth, corruption and greed of the last twelve years. Wait for the mantra of 'benefit scroungers' and BS stories about foreigners to start to be planted in the Mail and the Sun.

TR Nov 20, 2022

@RichardJMurphy
LOL
Stupidity on this scale indeed
LOL

All from people granted economic degrees
bachelor & master & doctor
&
then they stop learning by reading
about their passionate subject
until they retire
doing acts which cause needless harm

CarolineCherry Nov 20, 2022

@RichardJMurphy It is monumentally stupid it will also mean that people are under the cosh or knaut as under Stalin. I genuinely suspect they want to make people less free more tied down less able to challenge the state. So many are just worrying about keeping a roof over their head they have less time to think about the bigger challenges that face us or indeed demonstrate . It also makes people desperate & maybe will make them become more authoritarian & blame ‘others’ ?

Jonathan Trace Nov 28, 2022

Hi Richard, is there a way for you to post on mastodon without me having to revisit twitter ?
More and more people are closing their twitter accounts.

Ozfrog Nov 28, 2022

@RichardJMurphy
Matt has finished eating his wombat anuses. All shall be well. 🤣

@RichardJMurphy
High interest rates are used to create unemployment. Unemployment is used to drive down wage demands. The government is determined to drive down living standards in order to increase profits with cheap labour.

https://www.wsws.org/en/articles/2022/05/03/md13-m03.html

May Day 2022: Finance capital and the deepening crisis of global capitalism

This is the report delivered by Nick Beams to the 2022 International May Day Online Rally held on May 1. Beams is a longstanding leader of the International Committee of the Fourth International and an expert on Marxist economics.

World Socialist Web Site

“While the Bank seeks to justify such interest rate increases in the name of “fighting inflation” by combatting “wage pressure,” this is a flat out lie. Workers’ pay is everywhere falling significantly behind price rises. Inflation is the result of policies deliberately carried out by the ruling class: the trillions in quantitative easing doled out to the financial institutions and markets;

“the catastrophic refusal of governments around the world to carry out a policy aimed at eliminating the COVID-19 virus that has resulted not only in millions of deaths but severe supply chain problems; the economic consequences of the US/NATO-led war against Russia and the rampant profiteering by the energy, food and defence corporations and their trading intermediaries.

“The Bank of England’s real objective is to use unemployment as a battering ram against the working class to crush the struggle for wage increases, slashing workers’ pay to fund these disastrous policies. This is on top of the 6.2 percent fall (-£1,750) in real wages over the next two years forecast by the OECD last summer—the worst for any G7 economy.

https://www.wsws.org/en/articles/2022/11/14/vveu-n14.html

“It comes after 13 years of real-terms wage cuts, as workers lost out on nearly £20,000 in real earnings between 2008 and 2021 while the trade union bureaucracy did everything in its power to sabotage pay struggles for deals matching inflation.”

Tax rises and severe cuts expected in autumn budget as Britain enters longest ever recession

This is nothing short of a declaration of war against the working class. It is not a plan for a one-off slash and burn budget, but an annual program of spending cuts and tax rises set to last at least five years.

World Socialist Web Site

auchterturra Dec 15, 2022