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#fantasyeconomics — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #fantasyeconomics, aggregated by home.social.

  1. Broken promises, rising taxes: Inside Reform UK’s first year in power

    Reform has run councils for a year. As local elections near, we ask: how has the party performed in power?

    Broken promises, broken roads, and broken council leadership teams – that’s the outcome of Reform UK’s first year in power, an investigation by openDemocracy reveals.

    […] Reform raised taxes in every council where it holds or shares power. Potholes continue to cause accidents and damage, and councillors’ struggles over where to make promised savings have put much-loved local services at risk of closure.

    Broken promises, rising taxes: Inside Reform UK’s first year in power, Sian Norris, Open Democracy
    #BrokenPromises #failedToDoHomework #fantasyEconomics #ReformInefficiencyDepartment
  2. Reform’s first crack at power is already in crisis

    The party’s performance in Kent shows it is nowhere near ready for government

    […]

    Antony Hook, leader of the Liberal Democrats in Kent, says Reform was convinced they could make large savings from cutting the county’s budget on asylum seekers.

    “They were really fixated on it. Every question they’d ask would be about the cost of asylum. We kept explaining that KCC doesn’t have that large a role in that and how it’s mainly a Home Office expense.

    “We tried to explain that the big problem is adult social care, but they would just say: ‘What about asylum?’

    “This is where reality has now collided with ideology. They said they’d take their chainsaw to a forest of waste. But the chainsaw seems to have been made out of sponge, and rather than a forest they’ve found an open field where there’s nothing to use it on.”

    Reform’s first crack at power is already in crisis, The Telegraph

    #asylum #failedToDoHomework #fantasyEconomics #Kent #NigelFarage #spongeChainsaw

  3. Reform UK likely to raise council tax in Kent despite promise to cut costs

    Kent becomes latest local authority controlled by Nigel Farage’s party to signal intention to raise council tax

    A Reform UK-run council where the party sought to pilot drastic cost-cutting plans is going to have to raise council tax, a cabinet member has admitted.

    Services at Kent county council were already “down to the bare bones”, said Reform’s cabinet member for adult social care, Diane Morton. It makes Kent the latest local authority controlled by Nigel Farage’s party to signal its intention to raise council tax.

    Reform UK likely to raise council tax in Kent despite promise to cut costs, The Guardian

    #councilTax #DianeMorton #fantasyEconomics #Kent #taxHike

  4. "Do Reform's economic plans add up?"

    A particularly fine example of #BetteridgesLaw

    Though perhaps if the BBC weren't so in love with Reform they might have included an estimate of the real figures in the graphic rather than only the fantasy figures.

    The message that anyone who only looks at the pictures and doesn't read the words would take from that article (probably most potential Reform voters) is yes, the sums do add up.

    bbc.co.uk/news/articles/clyx4v

    #ReformUK #FantasyEconomics #BBCBias

  5. Reform UK leader defends £190k-per-year plan to bring in political assistants at Warwickshire County Council

    The interim leader of Warwickshire County Council has defended plans to bring in political assistants costing up to £190,000 per year in the face of outrage from other parties.

    Councillor George Finch (Reform UK, Bedworth Central) confirmed he had instigated the proposals that will be considered by all councillors next week.

    They would see the biggest three parties at Shire Hall – Reform, the Liberal Democrats and the Conservatives – have a dedicated council officer to “undertake research and provide administrative support to members of political groups in the discharge of any of their (council) functions”, although the Lib Dems have spoken out to object to the idea.

    National legislation allows councils to employ up to three people, one for each of the council’s three biggest groups provided they have at least 10 per cent of the seats available.

    Reform UK leader defends £190k-per-year plan to bring in political assistants at Warwickshire County Council, Warwickshire World

    #fantasyEconomics #GeorgeFinch #LiberalDemocrats #ReformInefficiencyDepartment #Warwickshire

  6. Reform’s Clean Energy Crackdown Would Cost 60,000 Jobs and Raise Bills, Says Study

    Nigel Farage’s “economically illiterate” climate policies could wipe £92 billion off the UK economy, according to the New Economics Foundation.

    Reform UK’s policies to “scrap net zero” would cost more than 60,000 jobs and wipe £92 billion off the UK economy, according to a new study.

    Nigel Farage’s party — which took control of 10 councils in the recent local elections — this week claimed that the government could save £45 billion every year by ditching climate policies.

    However, analysis by the New Economics Foundation (NEF) published today suggests that Reform’s policies would cost jobs and investment, and could raise household energy bills.

    Reform’s Clean Energy Crackdown Would Cost 60,000 Jobs and Raise Bills, Says Study, desmog.com

    #fantasyEconomics #NEF #NigelFarage #ReformInefficiencyDepartment #scrapping #InTheNews

  7. Reform’s Clean Energy Crackdown Would Cost 60,000 Jobs and Raise Bills, Says Study

    Nigel Farage’s “economically illiterate” climate policies could wipe £92 billion off the UK economy, according to the New Economics Foundation.

    Reform UK’s policies to “scrap net zero” would cost more than 60,000 jobs and wipe £92 billion off the UK economy, according to a new study.

    Nigel Farage’s party — which took control of 10 councils in the recent local elections — this week claimed that the government could save £45 billion every year by ditching climate policies.

    However, analysis by the New Economics Foundation (NEF) published today suggests that Reform’s policies would cost jobs and investment, and could raise household energy bills.

    Reform’s Clean Energy Crackdown Would Cost 60,000 Jobs and Raise Bills, Says Study, desmog.com

    #fantasyEconomics #NEF #NigelFarage #ReformInefficiencyDepartment #scrapping #InTheNews

  8. Reform’s Clean Energy Crackdown Would Cost 60,000 Jobs and Raise Bills, Says Study

    Nigel Farage’s “economically illiterate” climate policies could wipe £92 billion off the UK economy, according to the New Economics Foundation.

    Reform UK’s policies to “scrap net zero” would cost more than 60,000 jobs and wipe £92 billion off the UK economy, according to a new study.

    Nigel Farage’s party — which took control of 10 councils in the recent local elections — this week claimed that the government could save £45 billion every year by ditching climate policies.

    However, analysis by the New Economics Foundation (NEF) published today suggests that Reform’s policies would cost jobs and investment, and could raise household energy bills.

    Reform’s Clean Energy Crackdown Would Cost 60,000 Jobs and Raise Bills, Says Study, desmog.com

    #fantasyEconomics #NEF #NigelFarage #ReformInefficiencyDepartment #scrapping #InTheNews

  9. Reform’s Clean Energy Crackdown Would Cost 60,000 Jobs and Raise Bills, Says Study

    Nigel Farage’s “economically illiterate” climate policies could wipe £92 billion off the UK economy, according to the New Economics Foundation.

    Reform UK’s policies to “scrap net zero” would cost more than 60,000 jobs and wipe £92 billion off the UK economy, according to a new study.

    Nigel Farage’s party — which took control of 10 councils in the recent local elections — this week claimed that the government could save £45 billion every year by ditching climate policies.

    However, analysis by the New Economics Foundation (NEF) published today suggests that Reform’s policies would cost jobs and investment, and could raise household energy bills.

    Reform’s Clean Energy Crackdown Would Cost 60,000 Jobs and Raise Bills, Says Study, desmog.com

    #fantasyEconomics #NEF #NigelFarage #ReformInefficiencyDepartment #scrapping #InTheNews

  10. Reform’s Clean Energy Crackdown Would Cost 60,000 Jobs and Raise Bills, Says Study

    Nigel Farage’s “economically illiterate” climate policies could wipe £92 billion off the UK economy, according to the New Economics Foundation.

    Reform UK’s policies to “scrap net zero” would cost more than 60,000 jobs and wipe £92 billion off the UK economy, according to a new study.

    Nigel Farage’s party — which took control of 10 councils in the recent local elections — this week claimed that the government could save £45 billion every year by ditching climate policies.

    However, analysis by the New Economics Foundation (NEF) published today suggests that Reform’s policies would cost jobs and investment, and could raise household energy bills.

    Reform’s Clean Energy Crackdown Would Cost 60,000 Jobs and Raise Bills, Says Study, desmog.com

    #fantasyEconomics #NEF #NigelFarage #ReformInefficiencyDepartment #scrapping #InTheNews

  11. The economic fantasies of Reform UK

    Nigel Farage’s fiscal arithmetic is as eye-catching as it is unserious.

    […]

    That reality is the sticking point. Raising the tax threshold to £20,000 is estimated to cost between £50bn and £80bn all on its own. Reform claims to have found a cool £225bn down the back of the Treasury sofa by scrapping net zero and insists it could save more still by cutting funding to quangos. Good luck, as they say, with that.

    But how successful will Reform’s opponents be at pointing this out? Shadow chancellor Mel Stride has been out and about, calling Farage’s plans “fantasy economics”, while Labour has gone for “fantasy promises”. Farage’s answer to this charge was that all parties fudge the figures in their manifestos, suggesting Reform’s creative accounting was par for the course. Against the general backdrop of disillusionment with the political establishment, the narrative will be that Reform are no worse than the other parties – and that official estimates should be viewed sceptically anyway.

    One attack line might get through. “Trussonomics on steroids” was how the Liberal Democrats responded to Tuesday’s proposals.

    The economic fantasies of Reform UK, New Statesman

    #failedToDoHomework #fantasyEconomics #netZero #ReformInefficiencyDepartment #Trussonomics #InTheNews