The immediate response to the Budget seemed scary: the value of the pound went down, the stock market went down and the cost of Government borrowing went up. It seems likely that inflation will rise and interest rates will have to go up not down. The Labour Government has done so much damage to traditional farming that farmers are threatening to go on strike – producing food shortages and price rises. Landlords are giving up and selling up. The result will be a shortage of rental properties and an inevitable rise in the cost of renting. Tax changes mean that entrepreneurs will sell up, and probably leave the country. It will be much harder to start small companies. Britain’s energy industry will in future be pretty well dependent upon imports of oil and gas and bits of tree. As the conflicts in Ukraine and the Middle East lead to a massive rise in the cost of energy, the result in Britain will be thousands more deaths from the cold.
The end result of the Budget will be to remove money from the private sector and feed it into the already bloated public sector. Much of the money raised through new taxes has already been handed over to striking public sector workers.
“For a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle,” said Winston Churchill.
It’s difficult to think of a way in which “Free Suits” Starmer and his bunch of mad lefties could have done more harm. This was, I believe, a Budget designed to destroy. And it introduced policies which will soon be followed throughout the world.
In the world occupied by the lefties, the greatest danger comes from those who have a little money or, worst of all, the prospect of acquiring enough money to give themselves independence.
We have reached the point on the political circle where communism merges with fascism. The Budget of October 2024 was a turning point in history.
I expect the Labour Party will be quietly cheering the effect the Budget has had because I believe that everything that has already happened is a result of deliberately, destructive policies which are designed to usher us into the horrors of Net Zero and into the World Economic Forum’s Great Reset. The Budget of October 2024 had little to do with money or traditional politics and everything to do with oppression, the eradication of independence and the introduction of State-sponsored slavery. George Orwell understood....<<<Read More>>>...
