What else has been happening recently that deserves more attention than it is getting? We don’t need to worry about public sector debt – yet During the Covid era, Britain’s public sector debt has risen at a giddying rate. Public sector net borrowing is estimated to have been £22.3 billion in October 2020, £10.8 billion more than in October 2019, which is both the highest October borrowing and the sixth-highest borrowing in any month since monthly records began in 1993. …
“Tis the season to be jolly careful”. The Prime Minister’s default is always to go for the quip or memorable phrase. It is infuriating when so much is at stake. The other clear message is: don’t go to a restaurant or pub, unless you are on your own or with your family. If your son comes home from university, you are two households and on no account must you go out for a meal together. But you can go to…
And LAB will now back a deal in the Commons With things being dominated by the American presidential election we have hardly looked at the ongoing effort by the government to come to an agreement before the the end of the Brexit transition at the on New Year’s Eve. If that doesn’t happen the UK has no deal and is in very uncertain territory. In a new move tonight LAB has said that it will back the deal that emerges…
These are from the Smarkets betting exchange which I am now using a bit more. I do like the “will Trump attend Biden’s inauguration?” bet. The suggestion on social media at the moment is that he’ll stage a rival rally at the same time.
The big overnight news from Washington is that Trump has finally allowed the Joe Biden transition to begin which means that a whole series of formal steps and budgets can be authorised so that the new President is all ready to start when he is inaugurated on January 20th. There has been no concession by Trump and I doubt if we will see one. But surprisingly for UK punters the Betfair market on the election remains open – the total…
This has been doing the rounds on social media and I thought I would pas it it on. x
Make no mistake the runoff elections for two vacant Georgia senate seats on January 5th are about the most important non-Presidential US election in recent times. This is happening because in neither race on November 3rd did a winner emerge in either election where the rule is that a 50%_ vote share is required for victory. Currently there are 48 Senators who caucus with the Democrats and fifty who caucus with the Republicans. If the Democrats won both of the…
A poker player says “Call Trump’s bluff” I think this analysis is on the right tracks. What must be dominating Trump’s mind at the moment is the possibility of facing criminal charges after the new President has been sworn on January 20th. My betting is that he won’t concede but there might be a deal of some kind and Trump is trying to exert as much pressure a he can by not doing so at the moment and really hindering…