00:00 The fundamental problem they face is that once we start talking about the economy,
00:05 pretty much all the opposition have to do in order to start to sow doubts in voters' minds
00:11 about whether or not they should be trusting the Conservatives on the economy is to say the words,
00:16 Liz, trust. In other words, I was about to. Yeah, voters still remember the so-called fiscal event
00:24 that did severe damage to the Conservatives' reputation for managing the economy. And of
00:29 course, one of the apparent consequences of that, which is the rise in interest rates,
00:34 some of that is still working through as more and more people are having to renegotiate their
00:39 mortgages and discovering they're having to pay an awful lot more. So even if they're going to pay
00:43 less in the way of taxation and the government has something been arguing about at least those
00:48 people on average incomes having the lowest rate of taxation for a very long time.
00:52 There's an argument there. But the trouble is their outgoings in terms of housing
00:58 are going up for many of them.
00:59 [BLANK_AUDIO]
Comments