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I was not impressed by the speech by the new woman at No 10, Downing St. The last thing I want England to be is "an aspiration nation". Why should people aspire? She can’t arrange for absolutely everyone to have the opportunities they deserve. Real conservatives know it's impossible. She will waste billions on unnecessary armaments when we face no military threat, take part in an unnecessary cold war, spend even more money on the NHS and be an obedient American satellite.
She's not a Tory but a 19th century liberal, but that's better than Theresa May who was half way between Edward Heath and Old Labour. No, closer to Old Labour.
Let's hope she isn't as bad as Mrs. May.
What matters most is repealing Human Rights Act, because it's foreign to common law principles and freedoms, leaving the ECHR, taking in no more illegal immigrants, forgetting climate change, getting Ukraine to negotiate a peace. That way we could drop some of the sanctions that may otherwise destroy Europe.
Or will it be creative destruction?
I guess you mean the sort of creative destruction that makes the military-industrial complex - now joined by the pharmaceutical-industrial complex and the climate change rent seekers - very rich.
ReplyDeleteI meant the end of post 1945 politics in Western Europe.
DeleteI meant a new sort of democracy which lets the people make decisions, not the graduates of good universities and the readers of the Economist and the Financial Times. I no longer subscribe to the FT but today's edition carries an opinion piece headlined "Biden was right to ring the alarm for democracy" by the thrice globalist Janan Ganesh. What the FT considers the threat to democracy is implementing policies the people want.
ReplyDeleteIn the US, about 40 to 44 percent of the people. A good chunk but not overwhelming.
Delete'What matters most ...'
ReplyDeleteThe U.K.’s annual rate of inflation moved into double digits in July.
The British pound slid to its lowest level against the U.S. dollar since 1985 and
could fall to parity with the U.S. dollar in the next year.
The pound has never been worth less than $1 in the more than
200-year history of the currency pair—though it got close in 1985 when sterling fell to $1.05.
The U.K.’s current-account deficit, a broad measure of trade and income flows, ballooned to a record 8.3% of gross domestic product in the first quarter.
Goldman Sachs warned U.K. inflation could top 22% next year. The bank estimates the U.K. economy would contract 3.4% in that scenario.
https://www.wsj.com/articles/british-pound-falls-to-lowest-level-since-1985-as-u-k-economic-pain-mounts-11662327439
Dollar gains, euro slips further from parity
DeleteEuro/Dollar $0.9909
https://www.reuters.com/markets/europe/dollar-pauses-broad-rally-bulls-still-solidly-positioned-2022-09-06/