Reeves reveals plan to protect public from unfair Iran war price hikes
A crackdown on companies profiteering from the Iran war at the expense of millions of Brits is among cost-of-living plans announced by Rachel Reeves today.
The Chancellor vowed that the Government would guard against unfair price rises amid fears over surging oil and fuel costs sparked by Donald Trump’s conflict in the Middle East.
She told MPs on Tuesday that she was investigating cuts to tariffs on food in a bid to keep prices low and would be meeting with supermarket and banking bosses this week to “discuss how they can further support their customers”.
The Government will “monitor the cost of household essentials for both price rises and disruption” and the Competition and Markets Authority (CMA) will have the power to "crack down on price gouging", the Chancellor said.
By gum this is poor stuff, as if senior politicians still hope certain words and phrases might trigger something more than indifference. Twaddle words such as protect, unfair, crackdown, support, monitor, gouging and so on.
Among voters, only blockheads are likely to pay attention and even Labour doesn't seem to have enough of them to stave off electoral disaster.
Presumably it's the best they can do, but where do they go from such a low and hopelessly unconvincing baseline? Nowhere we'll enjoy probably.
7 comments:
I still find it hard to believe that people voted for her, TTK and the rest of those clowns. Knowing that he would be PM.
Feckin unbelievable!
Strange how the Labour mind automatically assume that many businesses will want to 'gouge' their customers when the truth is that most established businesses will want to keep their customers onside for the future. Yes there may be a few 'wide boys' seeking all the advantage they can get. The cynic in me thinks that the 'wide boys' will use their political friends for early information and advanced government patronage.
Mike - and far too many would still vote for them. As well as the politicians and their parties, It isn't easy to have any faith in voters.
DJ - yes it's automatic, the Labour mind seems to have problems with the idea of feedback where businesses have to be alert to the possibility of customers walking away.
I have long since resigned myself to the fact that a socialist government would happily take any small increase in fuel duty generated by rising prices and give it away to what they deem the deserving poor; on recent showing, however, I fear that Reeves & Co may actually be unable to grasp the concept that fuel duty and VAT, as a percentage of a massive escalation in retail price, will provide exactly the sort of ‘windfall’ they condemn in the private sector and that is is coming out of the pockets of ordinary citizens and businesses, not some notional ‘elite’.
They may have the paper qualifications but I’ve seldom seen a better example of what a character in ‘Jurassic Park’ calls ‘thintellingence’.
Macheath - yes, they condemn anything if the 'wrong' people are doing it even when they are doing it themselves. It makes politicians such as Reeves & Co difficult to understand unless we simply dismiss them as shameless charlatans.
A complication is that socialists have often been brought up as socialists or absorbed it as teenagers or students. In which case, 'shameless charlatan' is part of being a politically successful adult socialist promoting ideologies which don't work. When it comes to actual implementation it has to be bolstered by mendacity.
Which generally makes socialists seem unintelligent because in a strange sense they were brought up to be unintelligent or they learned it as students. That's the infantile aspect too.
"...unless we simply dismiss them as shameless charlatans."
Say no more!
Mike - yes it's what they are. It's not easy to understand how they can be so vile, but they are.
Post a Comment