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If There Really is a ‘Black Hole’ in Britain’s Finances, the Cause is the Tories’ Mismanagement of the Pandemic, Not the Economy

by James Alexander
29 December 2024 7:00 AM

Three things. A bit of lit.-crit. Then I’ll talk about Rachel Reeves’ black hole. Then I’ll point out that all talk of black holes ignores the fact that COVID-19 was the most massive black hole of all.

1.


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Tags: Black holeCost of BrexitJon MoynihanPandemicRachel Reeves

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29 Comments
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Hardliner
Hardliner
4 months ago

Remind me please – did Starmer’s party want to lock down longer and harder throughout the whole Covid scam, or did Labour keep reminding us of the need to do cost-benefit analysis on every measure that they expected the state to fund?

The Covid narrative was the same as both the Net Zero narrative and the Uncontrolled Immigration narrative, all of which the Labour Party is fully signed up to. The LibLabCon narrative has for several decades been to impoverish Britain by every means possible, take the taxpayers money and spray it around on unnecessary vanity projects like the EU, HS2, Devolution, NHS IT, etc

Before he became PM Boris managed to spend £56m of taxpayers money on designing a bridge which never even got started

We are stuck with a political system run by criminally negligent amateurs, puppets at that, and the system is imprisoning us all in debt

Last edited 4 months ago by Hardliner
44
0
Lockdown Sceptic
Lockdown Sceptic
4 months ago
Reply to  Hardliner

Labour’s policies in opposition … and government

Even More Lockdown
Even More Net Zero
Even More Spending
Even More Taxation
Even More Censorship

Last edited 4 months ago by Lockdown Sceptic
32
0
FerdIII
FerdIII
4 months ago
Reply to  Lockdown Sceptic

Door to door stabbinations as well you might remember.
Doris and Starmtard both discussed rolling out the army to enforce the jabbinations.

Starmtrooper wants 15 minute cities.
And of course, more open borders. Nation states don’t exist. Just ‘the world’ and Gaia.

9
0
Ron Smith
Ron Smith
4 months ago
Reply to  Lockdown Sceptic

That bald bloke on GBN earlier mentioned that the first sis months were difficult, but we should see growth before long. Just how do we grow an economy on wind & solar!

4
0
Gezza England
Gezza England
4 months ago
Reply to  Ron Smith

I can’t see how making doing business more expensive by a huge amount and the population – bar train drivers and junior doctors – poorer will deliver anything but a recession in the new year. Pissing away £millions on Net Zero that will make businesses and people poorer is not going to produce growth either. Inflation is steadily rising and mortgage rates will stay higher due to increased government borrowing costs.

0
0
Norfolk-Sceptic
Norfolk-Sceptic
4 months ago
Reply to  Lockdown Sceptic

Even More ‘Europe’

2
0
Ron Smith
Ron Smith
4 months ago
Reply to  Hardliner

A point Julian Assange made about the Governments prime role is to take money from the public, and put into private hands.

6
0
JXB
JXB
4 months ago
Reply to  Hardliner

Serial negligence is a plan – they are not amateurs, they are quite deliberate, with intention – they are evil.

2
0
Lockdown Sceptic
Lockdown Sceptic
4 months ago

 Lockdowns Burnt Down Britain’s Finances

15
0
sskinner
sskinner
4 months ago
Reply to  Lockdown Sceptic

“The best way to destroy the capitalist system [is] to debauch the currency.”
Lenin

9
0
Ron Smith
Ron Smith
4 months ago
Reply to  Lockdown Sceptic

Indeed…..LOCKDOWNS not “Covid” wot done it. And now we learn that NATO also played a silent part in this Global PsyOp.

5
0
Marcus Aurelius knew
Marcus Aurelius knew
4 months ago

An excellent article, but please please please:

There was no pandemic.

29
-1
Lockdown Sceptic
Lockdown Sceptic
4 months ago
Reply to  Marcus Aurelius knew

Yes he forget one letter: PLandemic

16
0
Freddy Boy
Freddy Boy
4 months ago
Reply to  Lockdown Sceptic

Correct ! There was a reminder clip yesterday of Wancock on Piers Morgan when the first Jab was pumped into a man called William Shakespeare & Wancock was actually pissing himself trying not to burst out laughing & Morgan says – I can see you are a bit emotional Matt !!!!! What a fu-cking charade it all was !!

14
0
Ron Smith
Ron Smith
4 months ago
Reply to  Freddy Boy

Shakespeare bloke was dead within a year….Just saying!
Anyhow, the Government has the data, what are they afraid of.

2
0
huxleypiggles
huxleypiggles
4 months ago
Reply to  Lockdown Sceptic

Scamdemic.

7
-1
Freddy Boy
Freddy Boy
4 months ago
Reply to  Marcus Aurelius knew

👍

6
0
Ron Smith
Ron Smith
4 months ago
Reply to  Marcus Aurelius knew

Every time I watch Russell Brand I find myself saying the same thing. Brand, you’re supposed to be a based polymath, you know there was no pandemic!

0
0
sskinner
sskinner
4 months ago

“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.”
“The best way to destroy the capitalist system [is] to debauch the currency.”
Lenin

The Wuhan Flu restrictions/protocols were all created by the CCP and endorsed by the WHO, UN, WEF and EU. How would one describe the politics of the CCP, WHO, UN, WEF and EU and what is their intent? What is significant about 2030?

7
0
huxleypiggles
huxleypiggles
4 months ago
Reply to  sskinner

“What is significant about 2030?”

I am not sure there is anything significant about 2030, well perhaps 2 X 3 = 6, it is simply a date drawn up by the Davos Deviants. They decided on a ten year plan, 2020 – 2030 and we are approaching the half way stage and Kneel is under pressure to get a move on.

Last edited 4 months ago by huxleypiggles
3
0
Hardliner
Hardliner
4 months ago
Reply to  sskinner

Can we add some more initials to that list? HMG, CUP, PLP, RF, all TUs

But not GOP, MAGA, or X…

3
0
DiscoveredJoys
DiscoveredJoys
4 months ago

The “£20 billion black hole” was merely a Labour excuse to to rip up the promises offered in the Labour Manifesto. I expect Labour intended to rip up the promises anyway since at a government level £20 billion is trivial in the scheme of things.

8
0
RTSC
RTSC
4 months ago

The Covid Tyranny was the biggest transfer of wealth from “the little people” to the Elite in our history.

A massive SCAM, which will be dwarfed in due course by the Net Zero SCAM.

When they said “you will own nothing” that’s exactly what they meant.

12
0
Ron Smith
Ron Smith
4 months ago
Reply to  RTSC

That is the number one reason why I HATE the Royals. Before the Lockdown PsyOp I had no opinion of them. Dan Wotton and GBN get a grip.

1
0
Cotfordtags
Cotfordtags
4 months ago

Yes, people talk of the waste of COVID supplies, they talk of the money paid to people to stay at home and not work. But these are both done, the money gone, so why isn’t anyone talking about the ongoing waste. Before the election, and I am afraid I didn’t believe a word they said on the subject, the Tories were going to reduce the civil service to prepandemic levels. Begs the question, why did they soar during the pandemic when tax paying businesses were laying people off? Was it just make work. Those people, because Labour tore up the plan to reduce the civil service, are still there, sucking money out of the economy, working from home – yesterday Benjamin Butterworth said maybe because they have child care responsibility! So we are paying civil servants to stay at home and look after their children not to work. No wonder productivity is so bad in the public sector. This is where the waste continues.

10
0
JXB
JXB
4 months ago

In 1945 the UK was bankrupt, economically ruined by five years pointless war. But… nothing is so bad it can’t get worse and the idiot population voted in Marxist-Socialism aka Britain’s Democratic Socialist Party. (Democracy and Socialism being mutually exclusive.)

Thereafter the growing holein the UK economy has been the welfare state.

No matter who is in Government, the welfare state increasingly costs more that the wealth the economy can produce, as more and more taxation, more and more debt, more and more money printing diverts resources from economic growth to feeding the voracious walfare beast , and the growing bureaucracy needed to service it requires more and more people being paid to do jobs that produce no wealth.

Wealth is transferred from a dwindling number of wealth producers to wealth consumers.

When something cannot go on for ever, it will stop. Either we get rid of the welfare state or it will get rid of us – back to the fields.

The UK national debt is £2.004 trillion. That is the true tax on every British person – that’s what you and future generations have to pay back.

Last edited 4 months ago by JXB
4
0
Ron Smith
Ron Smith
4 months ago
Reply to  JXB

That is why every young voter ‘should’ be a Reform voter. Heritage Party is even better but smaller.

2
0
BedfordRL
BedfordRL
4 months ago
Reply to  JXB

A “pointless war”?

0
0
Gezza England
Gezza England
4 months ago

A previous idiot Chancellor – male to cheer up a certain commenter – was daft enough to link a lot of UK government debt to the rate of inflation with no concept of how it could actually rise. How well did that work out? And if Rachel from Accounts was as bright as she claims, would she have not cut the rate of interest that the Bank of England pays out on deposits that banks are required to keep at the BoE? A contentious move? No, most other countries have already done this.

0
0

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