Keir Starmer is doomed but what follows will be hell on earth | Personal Finance | Finance
Instead of turning everything to gold, everything our “reverse Midas” Prime Minister touches turns to dust (many in Westminster prefer other four-letter words). Over the past week, he has been subjected to one public humiliation after another.
Labor was annihilated in the Caerphilly by-election; His first defeat in more than a century was swept by Plaid Cymru and Nigel Farage’s Reform UK. A grooming gang investigation collapsed, an Epping sex offender was mistakenly released while awaiting deportation and the first person deported under the “one in, one out” immigration repatriation scheme returned from France on a small boat.
In a final blow, Starmer’s deputy leader candidate Bridget Phillipson was defeated by Starmer critic Lucy Powell.
Powell quickly presented the leftists’ wish list: repeal the two-child benefit cap, reinstate MPs who rebelled against welfare cuts and were impeached, and tax the rich.
Starmer’s mandate has now been shot. MPs are openly discussing who will replace him if next May’s local elections go badly, which they will. It may not last that long.
The prime minister’s replacements are already racing to take over the wreckage. Sophomore Andy Burnham is sticking around as always.
Angela Rayner, who had just resigned due to financial improprieties, sharpened her elbows. Ed Miliband continues to surprise the party by staying true to his green utopian fantasies. The more ridiculous partners he matches and the more carnage he creates, the more Labor members love him.
Labour’s parliamentary party is a rabble of dreamers, gesture politicians and activists who believe their cherished principles can challenge the practical demands of power.
Here’s the scary part: When Starmer loses his way, they are responsible.
This 174-seat majority has become a millstone, weighing it down as backbenchers rage and demand a “progressive” government. By this they mean a much more leftist shambles than the current one.
When Starmer finally falls, many will celebrate. Especially if Chancellor Rachel Reeves follows him out the door, but be careful.
It will be much worse from now on.
The bond market knows this. They fear the Chancellor will leave, even though he has failed on every front, because he is the only one willing to face financial realities.
The rest of the Labor Party doesn’t care that we’re already borrowing £20bn a month just to make ends meet. They want to borrow more, pay more taxes and spend more. It is repeated.
They will raise taxes, expand aid, reverse Brexit, increase immigration, take action against Gaza and nationalize everything they can, accelerating the division and decline of the country.
It will double when the economy turns around and borrowing costs spiral out of control.
This is going to be an absolute nightmare and, ridiculously, the only things that can stop it this side of the election are Starmer and Reeves. God help us.
Did you think they were bad? What happens next will truly be hell.
