Green💚🌻Molly @GreenPartyMolly@respublicae.eu
Unofficial automated mirror. No copyright asserted. ∎ Molly Scott Cato 👋 Green Party Speaker on Economy and Finance 💚 Former South West MEP 🇪🇺 Professor of Green Economics 👩🏻🎓 @Molly
Joined Apr 2022
#KamiKwasi’s reckless budget means that:
📈 We are all facing higher prices
🏡 People can’t get mortgages
💷 Businesses can’t afford to borrow to invest
📉 The economy is being pushed into recession
🚨 Absolutely disastrous for all except the super-rich 🚨
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1574644477335044099
🤗 Fantastic news that @UKLabour members voted for PR *and that it should be in the manifesto*
💪🏽 This is the route to a revitalized democracy and the end of Tory governments
👉🏼 Over to you, @Keir_Starmer
RT @MakeVotesMatter: Labour members have passed a motion for Proportional Representation, but we have still heard nothing from Keir Starmer.
It’s time to tell @KeirStarmer: we want Proportional Representation!
https://acti…
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1574444696604405760
🤣 ‘The SPAD in the fleece’
RT @joncstone: The Spad in the fleece looks absolutely terrified
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1574373496511152129
How bad do things have to get before we stop hearing Gerard Lyons on the BBC?
@BBCWorldatOne
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1574372951218343936
Another from the Tufton St stable happily pushing our economy off the cliff
RT @KateAndrs: *Reminder*
The Truss government wants interest rates to rise faster. It's a key part of its new economic strategy. So if market reaction to this mini-Budget forces the Bank of England's hand, that is a design feature, not a design flaw, of Truss's plan.
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1574371095859396609
I think we’re in a #Sterlingcrisis
Caused by reckless and irresponsible Chancellor
Brexit was bad for pound, but this is the worst since 1992 Black Wednesday, when we left the ERM
Also caused by a Tory Chancellor
Why do people think you can trust the Tories with the economy?
RT @ChrisGiles_: Bank of England and Treasury are not denying there will be a statement on sterling later today
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1574370315647520770
Can you imagine what would happen if people really kept more of their own money in their pockets, as @RachelReevesMP wants?
The economy would grind to a halt and we would have the mother of all recessions
Tax is good for the economy as well as being good for society
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1574298913326120961
Sterling falls to record low against the dollar
‘It looks like we’re headed for a spiral that we usually see in emerging markets crises, where policymakers struggle to reassert credibility,’ said Mansoor Mohi-uddin, chief economist at Bank of Singapore
https://www.ft.com/content/c7f815b6-e7f2-43d2-b160-b7b3182e63b4
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1574283433458663425
🏭🏡🌎 Greens skills? Green steel? Green industrial revolution? Home insulation?
💚 Yes, it was all there in @TheGreenParty 2019 manifesto
🙋🏼♀️ If you want the best policies three years sooner, better vote Green
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1574279039736754176
Before Brexit vote pound was worth $1.48
Overnight it fell to $1.03
It’s lost around a third of its value
Everything we import is more expensive - adding to price rises
Bank of England forced to raise interest rates, further increasing prices
Economic chaos from the Tories
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1574277777209131010
Pay pain for workers as public sector squeezed
The heroes of the pandemic are being made to pay for tax cuts for millionaires
Nurses, teachers, and doctors will face real pay cuts as Chancellor launches a class war
#ThisIsADisgrace
https://www.thetimes.co.uk/article/pay-pain-for-workers-as-public-sector-squeezed-spcfnhkf0
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1574277472778059776
Meloni’s storms to Italian election victory
Deeply concerning to see a fascist take power in one of Europe’s largest countries
This is where chaotic and populist politics takes you
It was the bullshit politics of the Five Star Movement that led us here
https://www.ft.com/content/9b0cd8f3-61d8-410d-97c5-3756b91c24ab
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1574275032443920384
People will die because of this
It’s as simple as that
And the Tories just don’t care
RT @KumarAshwin: Who gains from today's Budget tax-cutting measures?
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1573283878894272515
This is a disgrace!
Our public services are in crisis and people on the lowest incomes are wondering how they are going to survive the winter
A massive gamble with our economy based on the big lie of trickle-down economics
#MiniBudget
RT @faisalislam: 45bn is 2% of GDP - biggest tax cut since the Barber budget of 1972, 50 years ago. (Says IFS)
Should be noted that did not have a happy ending
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1573264846400937986
This is the markets' judgement on the irresponsibility of the #MiniBudget
We're all going to pay the price for these tax cuts for their wealthy backers
RT @faisalislam: 10 year Government borrowing has just reached a 12 year high of 3.73%… was 3.3% yesterday, 1.8% at beginning of August
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1573264480473169920
Chancellor Kwasi Kwarteng to promise 'new era for Britain' with plan for growth in mini-budget
This is disaster capitalism writ large
Using the energy price crisis as a cover for massive tax cuts for the wealthy
And disastrous and divisive deregulation
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1573195151475937280
@ziks297 @carla_denyer Markets are not neutral. Have you checked out the massive levels of subsidy that is *still* being given to fossil fuels?
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1572988022961881091
Mini-Budget risks setting UK on ‘unsustainable path’, say IFS
Chancellor is like a CEO sweating the assets before abandoning the company
But doing this with our country
The global oligarchs who support this government are the true citizens of nowhere
https://www.ft.com/content/ef1495fa-9fc9-4c46-89f9-27902293343c
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1572924324235059201
Higher interest rates partly a response to tax cuts, unfunded borrowing, & loss of confidence in sterling
Working people will pay more on mortgages to enable Truss to fulfill her promises to rich Tory members
@TheGreenParty would tax the rich to support those on lowest incomes
RT @PippaCrerar: BREAKING: Bank of England raises interest rates to 2.25% - a 0.5% rise - to the highest level in 14 years.
🐦🔗: https://nitter.eu/GreenPartyMolly/status/1572917919721394180
Unofficial automated mirror. No copyright asserted. ∎ Molly Scott Cato 👋 Green Party Speaker on Economy and Finance 💚 Former South West MEP 🇪🇺 Professor of Green Economics 👩🏻🎓 @Molly
Joined Apr 2022
