PM Keir Starmer made a very important statement today in X. The summary of the statement is as follows: The UK is in a much worse state than we expected. 14 years of Conservative Party rule has plunged the country into complete chaos. Things won’t get much better until they get much worse.’
A disappointing statement; Keir Starmer says that the country is really badly governed, that the Tories have left a complete wreck. The meaning of these words is that the country cannot recover in a short time. The government cannot make new investments, new projects without closing the existing deficits.
The economic meaning of Keir Starmer’s words is that the country will never rise to the surface unless it hits rock bottom.
In fact, the people know and see what Keir Starmer says. This is the reason why he brought the Labour Party to power with a clear difference! But it seems that the Labour Party does not know or see what the people know. They understood this when they came to power.
But let’s remind Starmer of a risk. If we hit rock bottom as a country, we may never get back up. Unfortunately, there are no political and bureaucratic staff to do better.
Malcom Swede