Tories say they’ve halved inflation. They haven’t
Grinning idiots: Rishi Sunak and Jeremy Hunt, who falsely claimed that cutting inflation is cutting tax and giving people more money to spend, are now falsely claiming that they have managed to cut inflation down to their target. They did nothing.
A friend of This Writer emailed me today to forward a communication he had received from the Conservative government – saying it has achieved its aim of halving inflation.
It hasn’t.
Inflation was always going to come down – and some have pointed it out, although I’m not sure where the community note on ‘X’ has gone, that is mentioned in the following post:
https://twitter.com/davidrvetter/status/1724760290040971475
[Additional – November 16, 2023: I’ve found a post with the community note added to it and have added it into the article immediately below.]In January I made halving inflation this year my top priority.
I did that because it is, without a doubt, the best way to ease the cost of living and give families financial security.
Today, we have delivered on that pledge. pic.twitter.com/qcfuLeLiXe
— Rishi Sunak (@RishiSunak) November 15, 2023
Not only that, but halving inflation is not the huge help to the public that Rishi Sunak and his cadre claim it is:
Reminder: falling inflation doesn't mean prices come down, they are just rising less quickly. pic.twitter.com/DAmrdPesBN
— Trades Union Congress (@The_TUC) November 15, 2023
The example in the TUC’s post is informative because food inflation is still higher than 10 per cent. Gareth Davies, Exchequer Secretary to the Treasury, was called out on it by Susanna Reid on Good Morning Britain:
Left: Gareth Davies, "Headline inflation has gone down to 4.6%"
Right: Gareth Davies, "Food price inflation is 10.1%"
Susanna Reid calls him out, "Food bills are still going up by more than 10%.. Food bills are unaffordable.. People are still choosing between heating and… pic.twitter.com/rtx8yWpgnc
— Farrukh (@implausibleblog) November 15, 2023
The verdict:
The Tories are trumpeting a change they have done nothing to achieve, that is not helping you at all. Don’t be fooled.
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Is it a con to not increase state pensions as much as they should ?
Expect nothing but lies and deceit from the tories.