Britain is not prepared for the unprecedented economic pain ahead. Nothing quite like this has befallen the nation since the end of the Second World War.

37 comments

  1. The fact that 12 years of Tory policies have ruined this country to the point where we have a financial situation comparable to the one we were in 80 years ago, *after a six-year-long World War*, forever ends any claim they have to being “the party of fiscal responsibility.”

    Right-wing policies have morally and financially bankrupted us. Enough is enough. General election now.

  4. Whose really surprised that all the Tories mention of “blitz spirit” in the pandemic (more than during the *actual blitz* according to the Guardian yesterday) was to set up the fact that they intend to do *more* damage to the country in terms of economics, fiscally, socially, and actually;

    (let’s not forget about x4 as many citizens died from Covid than in all of WWII)

    At this point, does any of this really surprise you?

  5. Is there a projection for when the Tories will have nothing left to cut but instead of facing the cold hard truth that they don’t know what they are doing come instead to the alternative conclusion that lower income folks aren’t taxed enough?

  6. At least Labor’s Atlee and Bevan had a plan to dig out from under the rubble in ’45. Can’t discern one under Kier, but that could be his party keeping as small an attack surface as possible.

  7. I remember the early 1980’s with boarded up high street shops and empty job centre vacancy boards. I also remember hyper inflation in the 1970’s. This won’t be something new for me

  8. I left the UK two years ago and I really thought I would miss it and possibly regret the move. Every day it seems I am reminded that I made the right call..

  9. My millenial generation has just been absolutely boned since birth. It’s just one once in a lifetime event after another, coupled up with inflation and soaring property costs leg sweeping you once a month, every month.

    I’m so up for leaving this country right now. If things are going to be like this, surely better to go do it somewhere sunny and warm at least.

    Always pondered Sweden as well. It’s beautiful there.

  10. Good thing we have the cancerous triple lock so all the old scroungers who brought this upon the country can be protected from their own bad decisions.

  13. Unprecedented?? Don’t think so, the last 2 recessions were as bad and both caused by OPEC as it is to a large extent now – time there was a world wide effort to reign OPEC in – won’t happen though as the biggest Tory investors are also reliant on OPEC. Income

  14. And I thought we are.

    “It can’t get any worse.”

    “Brexit at any price.”

    “Brexit is not about the economy.”

  16. If we’d known that there would be no growth for ten years and high inflation would we or should we have bailed out the banks in 2008? Would it have been better long term to let them fail, let the bad companies go bust and get to growth. Would 2016 have happened? Would high amounts of uk debt happened?

  17. Worth pointing out the significant number of people who fetishise the Second World War, and therefore probably relish the thought of returning to “the Blitz spirit”.

    Those people are, of course, idiots.

  18. Remember that politics is like Tom and Jerry. If Tom catches Jerry, the show is over. No politician is going to properly solve inflation. They just swap Tom/Jerry roles and have another scene.

  19. Well as long as the politicians and their untaxed loophole off shore corporation/ banker/ hedge fund/ millionaire chums are alright, I suppose it’s worth it for the rest of us to be dirt poor for a decade.

  20. The country (England) got what it voted for. Its just shite its the poorest in the country who will suffer the most.

  21. They have had half a fucking decade to sort this out. The blame for this unprecedented failure stops with them.

  24. Hey, it’s no problem. The Tories have made themselves and their cronies rich and they’re the only ones that matter. Just ask the DM if you don’t believe me.

  26. I’m not sure what’s up with this thread: the article is paywalled and nobody has posted the full text. Do you all have independent articles or are you just using the title of the article as a discussion prompt to make the same points people always make on this subreddit?

  29. Not to worry, a redditor just the other day here explained that his retired parents are not wealthy with £600k in savings and he expressed concern about the economic situation for them.

    I do pray as well for his parents. Bless their hearts.

  30. Ngl, I was considering moving to the UK with a working holiday visa – I lived there until I was 11, and have some nostalgia. Also seems like a good place to work in media and music, but now I’m not sure if it’s worth the application fee. I know there’s a lot more to a country than it’s government, but they aren’t making it easy, especially if things might just be better under my own conservative government. And that’s saying something, because, we just “elected” (Liz Truss style) and anti-vaxxer, private healthcare loving premier, so that’s saying something. Will I be able to make my fortune anywhere at this point? Sigh.

  31. The sick man of Europe.

    I can’t believe the last Labour government have done this.

    Never. Vote. Conservative.

  33. Fighting an undeclared war with your energy market’s largest enemy supplier has consequences. Who would have guessed?

  34. If only we didn’t go through the last 12 years of the Labour led coalition of chaos government under Miliband and then the ruinous Corbyn government

  35. When will people wake up and see this for what it is, which is the total failure of neo liberal capitalism with those at the top squeezing now the last drop out of us while a multi millionaire oligarch runs us further into the ground to feed the fat cats.

  36. I remember Nigel Mansell threatening to leave the UK if Labour won the election. I’m of the same mind, should this country choose to vote the tories in again, after the travesty of their last twelve years. That would destroy my faith in the British people entirely.

  37. And thanks to Brexit, it’s become far more difficult to even leave this bumbling shitshow of a country before it sinks. Fuck the Tories.

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