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NeilW says:
September 21 2022 at 1:00 pm
I notice on Twitter you’ve made the argument that Liz Truss’s and Kwasi Kwarteng’s reversal of the NI increase benefits the lower paid by 63p whilst the richer end gets £150 per month.

This sounds like you are opposing the decision to reverse Rishi Sunak’s NI increase after opposing the increase at the time.

Have I misunderstood?

Richard Murphy says:
September 21 2022 at 2:33 pm
Creating and reversals are not the opposite of each other


10 thoughts on “Snigger”

  1. Bloke in North Dorset

    Christopher Snowden had a Twatter thread going pointing out all those who opposed Rishi’s move who now oppose Kwarteng’s move.

    It’s almost like they oppose the Tories whatever they do and the policy position is incidental.

  2. “Creating and reversals are not the opposite of each other.”

    True, but the question begging to be answered is “What the fuck is your point, Spud?”

  3. Murphy shows by Freudian slip what he really thinks of Blanchflower

    Steve Howell says:
    September 22 2022 at 9:22 am
    Danny Blanchflower was on the MPC in the run up to the crash in 2008. He is lauding on twitter Gordon brown, who I personally like a lot but the fact remains the treasury and the bank of england allowed an incredible increase in the money supply fuelled by mortgages on an unprecedented scale. Credit was ludicrously easy. Northern Rock were allowed a loan to deposit ratio of over 300%!! You were allowed to put a tiny deposit down (5%) and take a loan of 124% of the property value and to cap it off I remember self certified mortgages for the self employed where individuals did their own credit check !! Reckless lending like this was prevalent across most banks as we eventually found really Danny needs to observe his own actions as he was an insider to boom bust on a monumental scale.

    Richard Murphy says:
    September 22 2022 at 10:15 am
    Look at Fanny’s track record on the MPC rather than make stuff up

  4. At the risk.of being so literal it’s boring:

    “Creating and reversals are not the opposite of each other”

    Except when they are! And when they are we can rely on Murphy, lying unscrupulous cunt that he is, to say it isn’t.

  5. Dennis, Noting The Bright Light Emanating From Ely

    Creating and reversals are not the opposite of each other

    The most Richard Murphy statement ever.

  6. Bloke in the Fourth Reich

    I thought Murph was banned from all watering holes in Downham Market.

    Has he achieved the same distinction in Ely?

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