Economic Recession & Bad Government Policy

The ‘Con-Socialists’: Same Policies, Same Party – The End of the 2 Party System



Introduction

The current economic situation in the UK and directly affecting Spen Valley presents a series of challenges that are deeply impacting our community.

Soaring inflation and skyrocketing taxes are leaving individuals with less disposable income, leading to reduced spending on essential and enjoyable aspects of life.

And with the Conservative and Labour Party Fiscal Policy like Tweedle-Dum and Tweedle-Dee. Neither is a good place to hang your vote.

Follow my Vlogs in the coming months, where we will delve into the core economic problems we face and their far-reaching implications.

How Does It Affect You?

The impact of the economic recession is felt on various fronts, directly affecting the lives of individuals and families in Spen Valley. The rising tide of taxes is a substantial burden on everyone. Taxes have reached their highest levels in 70 years:

  • Income Tax
  • National Insurance
  • Council Tax
  • Road Tax
  • Fuel Duties
  • Inheritance Tax
  • Stamp Duty
  • Air Passenger Duties and more!

Our everyday expenses have increased dramatically.

Moreover, the government’s exploration of new climate-related taxes, such as the potential introduction of Ultra Low Emission Zones (ULEZ) similar to the Bradford Congestion Charge Zone, adds to the financial strain.

These “EMISSIONS” taxes impact household budgets, making it harder for people to afford basic necessities like food and housing.

The impact is evident in the closure of establishments like Frankie & Benny’s at Birstall Retail Park, where rising food costs have played a significant role. The groups CEO estimating he will close 25% of it’s restaurants by 2024.

Inflation, at its highest level in 30 years, disproportionately affects the essentials for Spen Valley constituents, including food, drink, household services, housing, transport, recreation, restaurants, and hotels. These soaring prices directly reduce the quality of life for families in Spen Valley, making it challenging to enjoy simple pleasures and maintain a comfortable standard of living.

What Do I think?

The response of the Conservative government to this economic crisis has been puzzling. Despite being a conservative party, they seem to have adopted Labour’s socialist measures. Raising personal and corporate taxes, increasing government spending, and fostering a subsidy culture have resulted in lower economic growth and a staggering 5.3 million people relying on out-of-work benefits.

This approach is a departure from true conservative values and is undermining the strong work ethic that has long been a part of Spen Valley culture. The current strategy seems to be embracing the concept of a “magic money tree,” mirroring the practices of the Labour Party.

As a Reform Party, we firmly believe in a different path—a bold and effective £74 billion stimulus plan. This plan aims to break the cycle of spending and taxation, giving individuals a much-needed financial boost. By cutting income tax and reducing other taxes, we will provide significant savings for families, freeing up money for crucial needs and discretionary spending.

Additionally, we will unlock the hidden treasure of Shale Gas beneath our feet, not only for economic benefits but also for energy independence. This strategic move will shield the UK from dependence on foreign powers and empower us to make choices in global politics that align with our nation’s interests.

Our self-funding approach ensures responsible economic management, paving the way for sustainable growth. With the Reform Party’s vision, we anticipate stimulated growth, reduced inflation, and an environment that encourages personal incentive to earn and contribute positively to society.

If you want to check out our plan for yourself you can investigate it here: Reform’s Money Plan