Tag Archives: economic crisis

In Ñspel: The Guardian view on university cuts: jeopardising a precious heritage

‘Universities making cuts too often appear to lack any strategic vision or sense of accountability to staff, students and wider society.’ Photograph: Alamy
‘Yṇvrṣtiz mcñ cuts tù ofn apir t lac eni stṛtījic viźn or sns v acǎntbiḷti t stāf, stydnts n wîdr ssayti.’ Foṭgraf: Aḷmi
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Ɖ Gardịn vy on yṇvrṣticuts: jeṗdîzñ a preśs heṛtij

(Transcription of a Guardian editorial of 11 Nov. 2022)

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Pṛpozd joblosz at Brbec, Yṇvrṣti v Lundn r part v a patn ɖt z a dșrvis t a prǎd tṛdiśn

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Frîde 11 Nvmbr 2022

Fǎndd az ɖ Lundn Mcanics’ Insttyt in 1823, Brbec – ẃć sins 1920 hz bn part v ɖ Yṇvrṣti v Lundn – b’loñz t a rić tṛdiśn v ẃć Britn śd b prǎd. Prisidd bî tū yirz bî ɖ pạniyrñ Scūl v Arts v Ednbra (nǎ Herịt-Wot Yṇvrṣti), Brbec’s miśn wz t xtnd ɖ Inlîtnmnt t wrcñ ppl. Dr Jorj Brbec gev lecćrz t crafts ppl, bt ɖ ny coḷjz wr nt liṃtd t tecnicl edyceśn. Ɖe olso tòt arts, sayns n f’loṣfi. Brbec admitd wimin decedz bfr ɖ yṇvrṣtiz v Oxḟd n Cembrij.

Ɖt preśs leġsi z nǎ in jeṗdi. Sáitñ fînanśl preśrz, ɖ colij’z bosz pṛpoz t cut p t a qortr v ol tīćñstāf fṛm dpartmnts includñ Ñgliś n jiogṛfi, plus p t a ʈrd v admiṇstretrz. Ɖ patn z biyñ mirrd elsẃr. Yṇvrṣtiz ɖt wr cmitd t leṿlñ p loñ bfr it bcem a Cnsrṿtiv sǎndbît hv śut or śrunc corsz ɖt d’nt fit ɖ guvnmnt’s narowñ ajnda.

Ɖz coḷjz r ɖ plesz wɖ ɖ longist tṛdiśnz v tīćñ wrcñclas men n wimin, ofn part-tîm n in ɖ īvnñz, smtmz az mtyr stydnts rtrnñ t edyceśn yirz aftr līvñ scūl. Wlṿhamtn, Rohamtn n Aḅristwiʈ r amñ uɖrz wɖ similr rūts. At a tîm ẃn ministrz r ostnsbli cmitd t rīdistribytñ oṗtyṇtiz twdz ppl n eriaz ɖt hv tṛdiśṇli hd fywr, it z pvrs ɖt ɖz cndz v insttyśnz r suḟrñ. Blǒtd saḷriz (Brbec’s mastr, Devid Laćmn, ŕnd £380,000 in 2020) mc dsiźnz t impoz cuts īvn les paḷtbl.

Sṗsifcs me vẹri bt, jenṛli, corscloźrz r blemd on deḟsits cmbînd wɖ fōlñ dmand. Ɖs foloud ɖ dsiźn in 2016 t lift caps on stydntnumbrz, ẃć frìd ɖ most prestijs yṇvrṣtiz t rcrūt mor, bt mnt plesz elsẃr wnt unfild. It wz a crūd meźr dzînd t incris marcitpreśrz on an olrdi frajîl sectr. Az wel az ongwñ iśuz wɖ unḍfundñ, yṇvrṣtiz wr hit hard bî Brexit, ẃć cntinyz t afct rsrć, admiśnz n rcrūtmnt.

Hayr n frɖr edyceśn hv a vîtl rǒl t ple in adresñ cronic scilśorṭjz, ptiklrli in hlʈ n cer. Bt yṇvrṣtiz mcñ cuts tù ofn apir t lac eni stṛtījic viźn or sns v acǎntbiḷti t stāf, stydnts n wîdr ssayti. Unḍmainñ ɖ hymaṇtiz z nt a substtyt fr wrcfors planñ, or a stiḿḷs t iṇveśn. Gvn ɖ unqsćṇbl importns v culćr n crịtivti t ɖ icoṇmi, it z mor lîcli t dampn groʈ – ẃl incrisñ poḷrîześn, az yuñ ppl fṛm betr-of bacgrǎndz hold on t ćansz ɖt r dnaid t uɖrz.

Dr Brbec n hiz fri-ʈncñ s’portrz wr rît. Axes t nolij z a sośl gd. Ɖ formr mcanics’ insttyts śd b ćeriśt. Ɖt dz’nt mīn prizrvñ ɖm in aspic. It dz mīn mcñ loñ-trm planz ɖt cn stand p t scrūṭni. Cuṛntli, ɖ stywdśp bî bʈ ministrz n manijrz lcs far tù scrapi.

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Instroduction to Ñspel

"House by the Railroad," Edward Hopper, 1925

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In Ñspel: The Guardian view on the UK economy: old folly or new folly

‘Jeremy Hunt should remember that the best alternative to one sort of folly is never to embark on another sort.’ Photograph: Hannah McKay/Reuters
‘Jeṛmi Hunt śd rmembr ɖt ɖ bst oltrṇtiv t wn sort v foli z nvr t imbarc on anɖr sort.’ Foṭgraf: Hana MCe/Rôtrz
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Ɖ Gardịn vy on ɖ YC icoṇmi: old foli or ny foli

(Transcription of a Guardian editorial of 11 Nov. 2022)

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Nxt wīc’s ōtmstetmnt wl śo f Jeṛmi Hunt hz lrnt enʈñ fṛm Jorj Ozbōrn’z n Qāzi Qarteñ’z fełrz

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Frîde 11 Nvmbr 2022

A  fūl rpits hiz foli, ɖ Old Tsṭmnt sjsts, in ɖ sem we ɖt a dog rtrnz t its ǒn vomit. Qāzi Qarteñ sīmz dtrmind t pruv ɖt ɖs z tru. On Frîde h md tū fōls clemz abt hiz śort teńr at ɖ Treẓ́ri. Ɖ frst z ɖt hiz 23 Sptmbr mini-bujit wz nt a cōz v ɖ guvnmnt’s cuṛnt fînanśl woz. Ɖ secnd z ɖt Liz Trus forst ɖ pes on ic̣nomic poḷsi tù hard jrñ hr brīf pirịd az prîm̦inistr, ẃl Mr Qarteñ, īvn mor brīfli hr ćanslr, argyd fr a slowr aproć.

Nɖr clem standz p. Nwn pritndz ɖt ɖ mini-bujit z ynīcli rsponsbl fr ɖ hî levlz v YC public dét ɖt r nǎ biyñ invoct az ɖ justiḟceśn fr nxt wīc’s lūmñ ōtmstetmnt. Ɖr r mni uɖr larj cōzz, sm v ɖm globl, lîc Covid n eṇjicosts, n uɖrz closr t hom, includñ Brexit. Ɖ mini-bujit, ɖo, md ʈñz īvn wrs. It trigrd a run on ɖ pǎnd, a lrć in gílts, a Banc v Ñgḷnd bai-up imrjnsi n a tîṭnñ v ɖ morgijmarcit. It sz a lot abt Mr Qarteñ n Mz Trus’z doctṛner wñ v ɖ Cnsrṿtiv parti ɖt, īvn nǎ, ɖe rmen in dnayl abt smʈñ ɖ votrz unḍstand mor clirli fṛm ɖer ǒn xpirịns ɖn ɖz dscredtd ministrz evr dd.

Mz Trus n Mr Qarteñ undǎtidli hd dis’grīmnts abt ptiklr emḟzīz in ɖer daś fr groʈ. Ɖ fact ɖt ć hz nǎ traid t dump ɖ blem fr ẃt wnt roñ on ɖ uɖr sjsts ɖt. Bt ɖ tū v ɖm wr coǒnrz v ɖ poḷsi, n wr jônd p’liticli at ɖ hip. Mr Qarteñ canot iscep ɖ riaḷti ɖt, on ɖ īv v ɖ Tori-parti confṛns, h tld ɖ BBC’z Lora Kuenssberg ɖt ɖr wr mor taxcuts t cm. Ɖt wz sd az a bost, nt a wornñ – n it spūct ɖ marcits. Mr Qarteñ z śaḅli trayñ t ived rsponsbiḷti fr ɖ c’laṃti v hiz ǒn ax́nz. Wns agn, ɖ votrz wl b ɖ juj v ɖt.

Ẃl Mr Qarteñ spinz hiz slf-srvñ vrśn v ɖ past, ɖ rest v ɖ cuntri fesz ɖ fyćr ɖt h n hiz parti hv bqiɖd. On Frîde ɖ Ofis fr Naśnl Sttistics cnfrmd ɖt ɖ YC icoṇmi śranc in ɖ ʈrd qortr bî 0.2%. Ɖ srvișectr, wns an enjin v groʈ, hz grǎnd t a hōlt in ɖ fes v ɖ cost-v-livñ crîsis. Hayr inṭrest rets n record infleśn mīn ɖ icoṇmi wl śrinc frɖr bî ɖ yir end, tipñ Britn intu an ofiśl rseśn ɖt z lîcli t last ʈru 2023.

Ɖr wz olso conḟmeśn on Frîde ɖt Britn hz bròt sm v its trublz on itslf. So far, it z ɖ onli cuntri in ɖ G7 grūp v līdñ icoṇmiz huz icoṇmi hz śrunc in ɖ ʈrd qortr. Ol ɖ G7 cuntriz fes ɖ sem globl hedwindz az Britn. Ɖ YS, Caṇda, Frans, Iṭli n Jrṃni, ɖo, r ol stl growñ. Ɖ cncluźn z obvịs. Britn’z ptiklr pridic̣mnt rflects ɖ ptiklr ćôsz ɖt it n its guvnmnts hv md.

Jeṛmi Hunt, ɖ lêtist v ɖ for ćanslrz ɖt Britn hz brnd ʈru ɖs yir, tecs a mor orʈ̇dox Treẓ́ri vy ɖn Mr Qarteñ. Hiz ōtm ic̣nomic stetmnt wl nnɖles b ɖ dfînñ fînanśl n p’liticl momnt v ɖ Riśi Sūnac guvnmnt. Nxt Ʈrzde wl śo ẃɖr it hz lrnt ɖ lésnz nt jst v Mr Qarteñ’z daś fr groʈ ẃl Mr Hunt wz on ɖ bacbnćz, bt olso v ɖ pṛloñd osteṛti undr Jorj Ozbōrn ẃn Mr Hunt srvd az a sīńr membr v cabiṇt. Ɖ omnz fr ćenj r nt gd. Bt ɖ ćanslr śd rmembr ɖt ɖ bst oltrṇtiv t wn sort v foli z nvr t imbarc on anɖr sort.

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Instroduction to Ñspel

"House by the Railroad," Edward Hopper, 1925

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In Ñspel: The Guardian view on Liz Truss’s resignation: a quitter after all

‘In her brief tenure, Ms Truss proved she lacked the skills to lead. Her judgments and her tone were almost always wrong.’ Photograph: Tayfun Salcı/Zuma Press Wire/Rex/Shutterstock
‘In hr brīf teńr, Mz Trus pruvd ś lact ɖ scilz t līd. Hr jujmnts n hr ton wr olmst olwz roñ.’ Foṭgraf: Tayfun Salcı/Zuma Pres Wîr/Rex/Śuṭstoc
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Ɖ Gardịn vy on Liz Trus’z reẓgneśn: a qitr aftr ol

(Transcription of an article published in the Guardian on 20 October 2022)

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Ɖ prîm̦inistr dparts hymilietd aftr 45 dez. Hr reclis msjujmnts śoud ś wz nvr p t ɖ job

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Ʈrzde 20 Octobr 2022

Boris Jonsn’z reẓgneśn in Jlî wz ɖ vri oṗzit v a naśnl traɉdi. Bt Liz Trus’z dparćr on Ʈrzde wz a momnt v naśnl fars. Nvr hz a prîm̦inistr bn les sūtd t ɖ job ɖn ś wz. Nvr hz a reẓgneśn bn mor nīdd bî ɖ cuntri. Hvñ bostd ɖt ś wz nt a qitr, Mz Trus ʈrù in ɖ tǎl a de lêtr. Ɖ abt-trn wz par fr ɖ cors fr ɖ most b’lijṛntli incompitnt Britiś prîm̦inistrśp in modn, n phps eni uɖr, tîmz. Ś dparts hymilietd, aftr 45 dez, ɖ śortist srvñ prîm̦inistr in Britiś hisṭri. Bt ś dzrvd t g.

Mz Trus’z Dǎnñ Strīt anǎnsmnt foloud a torid 24 aurz v Cnsrṿtiv mêhem, unmistecbli ɖ deʈ̒rǒz v a c’lapsñ reźīm. Ɖ ɖen homsecṛtri, Suela Breṿmn, wz sact aftr an arğmnt abt lūsr iṃgreśncntrolz. Cnsrṿtiv MPz wr ɖen rdyst t dsmeid dis’re ovr hǎ t vot on a Lebr mośn agnst fracñ. Aftr ɖt, it wz simpli a matr v tîm. On Ʈrzde, ɖ bac-bnć 1922 Cmiti ćer, Sr Greym Brêdi, wnt t Nu 10 t se ɖt ɖ gem wz p fr Mz Trus’z inept n tin-ird līdrśp.

In hr brīf teńr, Mz Trus pruvd ɖt ś lact ɖ scilz t līd. Hr jujmnts n hr ton wr olmst olwz roñ. Ilectd bî partimembrz wɖt ɖ bacñ v Tori MPz, ś tc hr vicṭri az a parṭzan mandet. Ś xîld ɖ mjoṛti v MPz, mor v hūm hd s’portd Riśi Sŭnac ɖn hr, fṛm hr guvnmnt bfr biyñ forst t brñ sm v ɖm bac tù lêt. In a Dǎnñ Strīt ẃr niolibṛl îdịlogz n ʈnctancs wr gvn fri rein, ś slaśt taxz fr ɖ rić – a śocñ muv ɖt pruvd a dzrvd ic̣nomic n p’liticl dzastr. A run on ɖ pǎnd, a lrć in ɖ bondmarcit n an imrjnsi inṭvnśn bî ɖ Banc v Ñgḷnd foloud. Confidns in Cnsrṿtiv ic̣nomic manijmnt c’lapst n ɖ opińnpoulz tanct.

Nn v ɖs, hvr, wl end ɖ foment n fax́ṇlizm cnsymñ ɖ Tori parti. Ɖr hz bn tōc v MPz cọlesñ arnd a compṛmîz yṇticanddet t s’xid Mz Trus – T’rīza Me spouc p fr ɖs aproć on Ʈrzde. Bt ɖ Tōriz apir tù far gn in dsyṇti n rîvlri fr a stić-up lîc ɖt t wrc. Ɖ rli sînz r ɖt sevṛl srvñ n formr ministrz wl trî agn, az in Jlî. Ny rūlz, rqîrñ 100 noṃneśnz, hv bn set so ɖt Tori membrz cn b prest nt t oṿtrn ɖ MPz’ prifŕd līdr a secnd tîm. Bt ɖr wl b sm canddets, poṣbli (bt dsgresḟli f so) includñ an unripntnt Mr Jonsn, hu wl wont membrz t hv ɖ fînl se. It z intîrli poṣbl ɖt, nxt wīc, ɖ Tori parti wl inflict a Trus 2.0 on ɖ cuntri.

Sć an ǎtcm wd b teribl fr ɖ Tori parti n Britiś dmocṛsi, n caṭstrofic fr Britn. Ɖ parti wd fīl unlīḍbl n ɖ cuntri unguvṇbl. Ɖ marcits mt tec frît, ispeṣ́li f ɖr wz yt anɖr ćenj v ćanslr. Bt it wd b ɖ public, olrdi suḟrñ a baṭrñ on costs n bujits, n wɖ record numbrz dpndnt on fūdbancs, hu wd sufr most. Ɖt z ẃ, in ɖ end n snr rɖr ɖn lêtr, ɖ tru s’lūśn t ɖ crîsis in ɖ Tori parti z an rli jenṛl ilex́n. Onli a ny guvnmnt wɖ a ny mandet cn gv ɖ Britiś ppl ɖ freś start ɖt ɖe nīd n dzrv.

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Instroduction to Ñspel

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In Ñspel: The Guardian view on Liz Truss and the Tories: it’s time to go

‘The cabinet is a caretaker administration, minding the shop while a new leader is chosen. Except Ms Truss is somehow still there.’ Photograph: Jessica Taylor/UK Parliament/AFP/Getty
‘Ɖ cabiṇt z a certecr’dmiṇstreśn, mîndñ ɖ śop ẃl a ny līdr z ćozn. Xpt Mz Trus z smhǎ stl ɖr.’ Foṭgraf: Jesica Teilr/YC Parḷmnt/AFP/Geti
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Ɖ Gardịn vy on Liz Trus n ɖ Tōriz: it’s tîm t g

(Transcription of an article published in the Guardian on 19 October 2022)

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Ɖ prîm̦inistr hz cōzd ceos in guvnmnt n md Britn purr. Ś mst nt b alaud t ste in ofis t d mor harm

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Wnzde 19 Octobr 2022

Liz Trus z finiśt. Hr oʈoṛti az prîm̦inistr z spent. Ɖ guvnmnt ś formd six wīcs ago no longr xists n Britn nīdz a jenṛl ilex́n t ćūz a ny wn. Last wīc, ɖ ćanslr wz sact fr inactñ ɖ prîm̦inistr’z wil in a “mini-bujit” ɖt dstroid ɖ YC’z creḍbiḷti on globl marcits. On Wnzde, Suela Breṿmn, ɖ homsecṛtri, left ɖ cabiṇt tù, ostnsbli ovr a s’kṛti brīć, olɖo ɖ dparćr sjsts mor pṛfǎnd claśz ovr poḷsi n prṣnél at ɖ hart v guvnmnt.

Nu 10 hz lost cntrol. Nɖr v ɖ rplesmnt secṛtriz v stet in Ẃîthōl’z tū most pǎrfl dpartmnts – Jeṛmi Hunt at ɖ Treẓ́ri n Grant Śaps at ɖ Hom Ofis – bact Mz Trus’z campen ovr ɖ sumr. Hr project z ovr. Diṣplin hz c’lapst. Ɖ cabiṇt z a certecr’dmiṇstreśn, mîndñ ɖ śop ẃl a ny līdr z ćozn. Xpt Mz Trus z smhǎ stl ɖr. Ɖt anoṃli mst b endd.

Sm Tori MPz hv bn rluctnt t act, firñ ɖt a mshandld trnziśn cd prisiṗtet a jenṛl ilex́n ɖt wd cost ɖ Cnsrṿtivz duznz v sīts. Anɖr factr z ɖ nīd t avôd a līdrśp contest ɖt mt pt ɖ ćôs v a rplesmntprîm̦inistr bac in ɖ handz v grasrūts Tori membrz. Ɖe ilectd Mz Trus ovr ɖ sumr, n so ɖer jujmnt on sć matrz z dīmd unsǎnd.

In uɖr wrdz, Britn z xpctd t indyr dsfuñśnl n neglijnt guvnmnt in ordr ɖt a reźīm wɖ no oʈoṛti n a ʈredbér mandet cn ʈnc v sm we t riinfors its felñ grip on pǎr. Inax́n z a simtm v wìcnis ɖt olso xpresz an aṛgns wɖ pǎr. It cmpǎndz ɖ inɉri olrdi inflictd on ɖ cuntri bî ɖ impziśn v Mz Trus az prîm̦inistr in ɖ frst ples. It wz Tori membrz hu cnfrmd hr apôntmnt, bt Tori MPz hu pt hr on ɖ baḷt. Ɖe ćird ɖ dzastṛs “mini-bujit” ɖt hz léd d’recli t hayr guvnmntborowñ costs n blastd a houl in public fînansz.

Mz Trus’z îdīaz r rsponsbl fr mcñ olmst evrwn in ɖ YC purr, bt ś dd nt cīp ɖm sīcrit ovr ɖ sumr. It z ɖ hol Cnsrṿtiv parti ɖt berz rsponsbiḷti nǎ fr traśñ ɖ YC’z cṛdnślz az a creditwrɖi neśn, hīpñ fînanśl pen on struġlñ hǎsholdz, unḍmainñ ɖ fiscl fǎndeśnz v public srṿsz, n pśñ olrdi vulnṛbl ppl dīpr intu poṿti. Mz Trus hz olrdi páct a lot v misrūl intu a śort tîm. Ś mst nt b gvn eni longr t d wrs.

Ɖr z no prospect v ɖ prîm̦inistr’z pformns impruvñ. In parḷmnt on Wnzde ś sóud cnfyźn ovr pnśnzpoḷsi, cnfrmñ ɖ tripl-loc spendñcmitmnt ɖt ɖ ćanslr hd sjstd mt b abandnd. Ẃtvr stbiḷti hz bn gend bî średñ ɖ planz ɖt Mz Trus carid wɖ hr intu Dǎnñ Strīt z jeṗdîzd fr az loñ az ɖ oʈr v ɖ c’laṃti z stl in rezidns ɖr. It z nǎ a matr v naśnl inṭrest ɖt ɖ cuntri b léd bî smwn ceṗbl. F ɖ proses ɖt gts s ɖr z an ilex́n, so mć ɖ betr. Ɖ ny prîm̦inistr wd hv a propr mandet.

Ẃt mst nt b alaud z a loñ pirịd v ceos n p’raḷsis az ɖ last drops v oʈoṛti r rúñ ǎt v ɖs ragid guvnmnt. Ɖr z no justiḟceśn fr cīpñ Mz Trus in Dǎnñ Strīt, n a Tori rplesmnt wd nt stop ɖ rot. Ś z ɖ imīɉt probḷm, bt ɖ parti ɖt pt hr in pǎr hz forḟtd ɖ rît t nem a s’xesr. Ɖt ćôs śd b md bî ɖ Britiś ppl.

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Instroduction to Ñspel

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Fṛm Đ Gardịn: Economy in crisis, Tories in meltdown: how I have told the sad, strange story of Britain

Illustration by Matt Kenyon
Iḷstreśn bî Mát Céńn
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Icoṇmi in crîsis, Tōriz in mltdǎn: hǎ I hv tld ɖ sad, strenj stori v Britn

(Transcription of an article published in the Guardian on 17 October 2022)

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Brexit, Jonsn, Trus’z U-trnz – I hv traid t xplen it ol t a YS ōdịns. I’v faund it hard t tec it ol in mslf

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Stryker McGuire

Strîcr MḠîr, Munde 17 Octobr 2022

Sins ɖ 1990z I’v bn intrpṛtñ ivnts in Britn fr an Americn ōdịns ʈru mî jrṇlizm. Smtmz it’s īzi: Lundn’z glorịs rnesns, Toni Bler’z rîz. Smtmz it’s les īzi: ɖ strenjnis v a “speśl rleśnśp” ẃr wn sîd cerz tù mć n ɖ uɖr tù litl, ɖ post-impirịl hañovr ɖt corsz ʈru Britiś lîf.

N smtmz it’s hard: ɖ puzl v Brexit, ɖ prisipiṭs dǎnfōl v ɖ Cnsrṿtiv parti. It hlps ɖt fr Americnz stl livñ ʈru ɖ Doṇld Trump sāga, nʈñ z ǎtsd ɖ relm v posbiḷti eni mor. It olso hlps ẃn I xplen t ɖm ɖt ɖoz tū lêtist ćaptrz v Britiś hisṭri r cnctd.

I tel ɖm ɖt fṛm ɖ 2016 reḟrendm onẉd, Brexit incrisñli gev ɖ Tōriz a foc̣s. Nvr mînd ɖt Brexit wz ɖ most dvîsiv ivnt in postwar Britn; ovr tîm, ɖ strugl t mc it hapn yṇfaid ɖ parti. Boris Jonsn’z “Gt Brexit Dn” 2019 ilex́ncampen s’mentd ɖ transfmeśn n, az far az Brexit wnt, sîḷnst Lebr.

Wɖn six wīcs, hvr, ɖ Tori tîd wd trn. Wns Britn forṃli left ɖ YY, ɖ Brexit-impozd diṣplin wɖn ɖ Cnsrṿtiv parti bgan t unravl. Admitidli, ɖ pandemic wd hv ʈroun eni guvnmnt of cors, bt Jonsn’z conduct in ofis dd’nt hlp ɖ Tori brand or parti yṇti. Swomt bî scandl, h wz ǎt. Entr Liz Trus.

Az ɖ YS n ɖ wrld lct on, Trus’z frst wīcs in ofis dd nt xacli rstor confidns in Dǎnñ Strīt. Sudnli, ɖ ny guvnmnt wz średñ ɖ Tōriz’ repyteśn fr fiscl prūdns n sǎnd ic̣nomic manijmnt. Frendz v mîn in ɖ Stets cd bérli b’liv ẃt ɖe wr witṇsñ. Īvn Americnz hu r îdịlojicli opozd t ɖ Cnsrṿtivz wr śoct t si ɖ parti v Ćrćl n Ʈaćr flayñ of ɖ relz.

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Liz Truss speaks after the sacking of Kwasi Kwarteng as chancellor, 14 October 2022. Photograph: Daniel Leal/AFP/Getty Images
Liz Trus spīcs aftr ɖ sacñ v Qāzi Qarteñ az ćanslr, 14 Octobr 2022. Foṭgraf: Dańl Leal/AFP/Geti Iṃjz
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Ɖ Trus-Qāzi Qarteñ “Groʈ Plan 2022” startd ǎt az a bujit at wor wɖ itslf, wɖ vast imrjnsi spendñ sitñ alñsd big unfundd taxcuts. It wz olso at wor wɖ Banc v Ñgḷnd munitri poḷsi. Ɖt wz bad inuf. Ɖen cem U-trnz, ɖ dfeṇstreśn v Qarteñ n ɖ nemñ v a ny ćanslr, Jeṛmi Hunt, hardli an îdịlojicl soulmêt v ɖ libterịn prîm̦inistr.

Ɖs stori z far fṛm ovr. Fṛm ɖ ǎtset, ɖ riax́n t ɖ ny guvnmnt’s “fiscl ivnt” abrōd wz ōfl. Formr YS Treẓ́risecṛtri Lari Sumrz sd ɖ wrld’z fifʈ-larjist icoṇmi wz “bhevñ a bit lîc an imrjñ marcit”. Prezidnt Bîdn himslf sd ɖt Trus’z orijinl plan wz a “mstec”. Ɖ Inṭnaśnl Munitrifund, ẃć yẓ́li rzrvz its srṃnîzñ fr dveḷpñ icoṇmiz, sd: “w d nt rec̣mnd larj n untarġtd fiscl pac̣jz at ɖs juñćr, az it z importnt ɖt fiscl poḷsi dz nt wrc at crosprṗsz t munitri poḷsi. Frɖrmr, ɖ nećr v ɖ YC meźrz wl lîcli incris iniqoḷti.”Stl, wɖ ol ɖ oprobrịm hīpt on Trus, it’s īzi t fget ɖt ɖ damij bgan loñ bfr ś got hold v Britn’z fînansz. Ẃt’s haṗnñ tde canot b seṗretd fṛm ẃt hapnd in ɖ last deced, līdñ p t Brexit. T xplen ɖoz dez t non-Brítnz, y hv t wêd intu ɖ wīdz v Britiś poḷtics. Ɖr, w cm upn Nîjl F’rāź, hu ɖo nvr ilectd t parḷmnt hd an xtrordnri inflụns on Wsminstr poḷtics. Hd it nt bn fr ɖ ʈret F’rāź n Ycip pozd t ɖ Cnsrṿtiv parti, Devid Camṛn me nvr hv dsîdd t cōl fr a reḟrendm. Bt, fetḟli, h dd.

Az a dyl YS-YC sitizn hu’z livd in Lundn sins 1996, ɖ closist I cd gt t unḍstandñ a raṣ́nal bhnd Brexit wz t si it in ɖ contxt v ẃt Bler wns cōld “post-empîr mleiz” – a veg f dīp-sītd yrnñ t rgen ɖ confidns n śurnis v îdntti ɖt, at līst in ɖ imaɉneśn, wnt hand in hand wɖ runñ an empîr. “Tec bac cntrol” wz śrli part v ɖt, fyld olso bî hîtnd ic̣nomic inṣkṛti in ɖ wec v ɖ 2007-08 fînanśl crîsis n a concmitnt unīz abt iṃgreśn.

Setñ ɖt lojic asd, I hv t se ɖt vrć̣li ol ɖ ic̣nomic arğmnts in fevr v Brexit lct spīśs at bst n sinicli mslidñ at wrst. In ɖt sns, Brexit z a cnd v orijinl sin ɖt sits at ɖ hart v tde’z YC icoṇmi. Ɖt śd hv bn evidnt in ɖ mirịd dîr ic̣nomic fōrcasts blîɖli dsmist az “rmonr” scermunġrñ in ɖ run-up t ɖ 2016 reḟrendm – fōrcasts ɖt trnd ǎt t b mostli akṛt. N it śd hv bn obvịs – az it wz t ɖ rest v ɖ wrld – in ɖ dǎnẉd tṛjectri v ɖ “Brexit pǎnd”, ẃć fél fṛm 1.50 t 1.33 t ɖ dolr oṿnît aftr ɖ 23 Jūn 2016 vot n ultiṃtli hit its lǒist-evr rcordd levl v 1.03 on 26 Sptmbr v ɖs yir.

Biyñ “liḅretd” fṛm ɖ YY wz nvr gwñ t liv p t ɖ cǎnṭfit proṃsz md bî ɖ Vot Līv campen bfr ɖ reḟrendm. Britn’z bordrz r no les pōṛs ɖn ɖe wr. Ɖ post-Brexit treḑīlz ɖ YC hz ngośietd r inṣgnificnt cmperd wɖ ɖ los v its larjist tredñpartnr. Ɖ juwl-in-ɖ-crǎn dīl wɖ ɖ YS z nt īvn on ɖ ajnda, az Trus admitd last munʈ.

Ɖ pandemic, huz arîvl cǒinsîdd wɖ Britn’z dparćr fṛm Yṛp, caṃflaźd mć v ɖ tol Brexit wz inflictñ on ɖ icoṇmi. Bt ɖ harm z riyl. A yir ago, ɖ Ofis fr Bujit Rsponsbiḷti wz esṭmetñ ɖt Brexit’s loñ-trm impact on ic̣nomic groʈ wd b mor ɖn twîs az daṃjñ az ɖt v Covid.

Ɖ ifct on tred hz bn devstetñ. Moḍlñ bî ɖ Sntr fr Yṛpiyn Rform faund ɖt sol̦i bcz v Brexit, Britiś tred in gdz wz dǎn jrñ ɖ frst haf v last yir, renjñ btwn 11 n 16% munʈ t munʈ. “Ɖr z evidns ɖt bizṇsz fes ny n sgnificnt riyl-wrld ćaḷnjz in tredñ wɖ ɖ YY ɖt canot b atribytd t ɖ pandemic,” ɖ Hǎs v Lordz Yṛpiyn-aferz cmiti rportd in Dsmbr.

Endñ ɖ fri muvmnt v lebr btwn Britn n ɖ continnt – a Brexit cornrston – z holowñ ǎt ɖ wrcfors. Acordñ t ɖ Ofis fr Naśnl Sttistics, ɖ numbr v job vec̣nsiz std at 1,246,000 in ɖ ʈrd qortr v ɖs yir, p fṛm abt 823,000 bfr Brexit n Covid-19 set in. Ɖz śorṭjz aflict bizṇsz larj n smōl, fṛm cafez n pubz t farmz n mańfacćrñplants.

Mnẃl, ɖ OBR anaḷsis fṛm Me śoz a numbr v ic̣nomic indcetrz ol gwñ in ɖ roñ d’rex́n: az a rzult v līvñ ɖ YY, loñ-trm prodctivti wl slump bî 4%, bʈ xports n imports wl b arnd 15% lowr in ɖ loñ run, nyli sînd treḑīlz wɖ non-YY cuntriz “wl nt hv a mtirịl impact”, n ɖ guvnmnt’s ny post-Brexit mîgreśn reźīm wl rdys net inwd mîgreśn at a tîm v criticl lebrśorṭjz. It hz bn sm stori t tel.

Ɖr’z a sīn in ɖ Hǎs v Comnz ɖt cīps pleyñ in mî hed. It’s 2019 n Jecb Rīs-Mog, nǎ Trus’z biznișecṛtri, z spīcñ v ɖ “brōd, súnlit upḷndz ɖt awêt s” ʈancs t Brexit. Ɖen I contmplet ẃr Britn z tde: hedñ intu a pṛtractd rseśn undr an infībld prîm̦inistr līdñ a wūndd, frax́s parti. I hop I’m pruvd roñ, n ɖoz súnlit upḷndz r ǎt ɖr ovr ɖ hrîzn. No sîn az yt. Bt I’d b plizd t cm bac n tel evrwn hu hz lisnd so far ɖt I wz mstecn.

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Strîcr MḠîr, hu livz in Lundn, z a formr editr at Nyzwīc n Blūmbrg

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Instroduction to Ñspel

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In Ñspel: The Guardian view on the Conservative party: better off out

‘A terse press conference on Friday, devoid of contrition, served only to prove that Ms Truss is incapable of improvement.’ Photograph: Daniel Leal/AP
‘A trs presconfṛns on Frîde, dvôd v cntriśn, srvd onli t pruv ɖt Mz Trus z inceṗbl v impruvmnt.’ Foṭgraf: Dańl Liyl/AP
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Ɖ Gardịn vy on ɖ Cnsrṿtiv parti: betr of ǎt

(Transcription of an article published in the Guardian on 14 October 2022)

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Liz Trus’z project z finiśt n hr MPz nǒ it. Ɖ parti nīdz ny îdīaz n tîm t rībild in opziśn

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Frîde 14 Octobr 2022

Liz Trus wz nvr lîcli t mc a gd prîm̦inistr n it z tù lêt nǎ fr hr t b an orḍneṛli bad wn. Hr repyteśn canot wɖstand ɖ damij olrdi inflictd on Britn’z icoṇmi. A cors c’rex́n on fiscl poḷsi mt brñ tmprri marcit stbiḷti, bt it wl tec ny līdrśp t rstor confidns ɖt ɖr z sǎnd jujmnt at ɖ hart v guvnmnt.

Mcñ a scepgot v Qāzi Qarteñ cnvinsz nwn. Ɖ ćanslr hz bn sacṛfîst t apiz critics v a mini-bujit ɖt gev xpreśn t ɖ wil v ɖ prîm̦inistr. Apôntñ Jeṛmi Hunt az Mr Qarteñ’z s’xesr brñz xpirịns bt nt chiṛns t ɖ guvnmnt. F Mr Hunt cōlz ɖ ic̣nomic śots, ɖ prîm̦inistr z rdundnt. F h dz’nt, ceos wl cntiny.

It wz Mz Trus hu hd ɖ roñ plan, at ɖ roñ tîm, intṛdyst in ɖ roñ we. Loñ aftr it wz clir t evrwn ǎtsd Dǎnñ Strīt ɖt hr îdịlojicl priscripśnz wr pôzn, ś wz dfndñ ɖm wɖ dogmatic condisnśn. Ɖ scel v ɖ orijinl err, magṇfaid bî ɖ uncomprihndñ folo-up, dsqoḷfîz hr fṛm ofis. A trs presconfṛns on Frîde, dvôd v cntriśn, srvd onli t pruv ɖt Mz Trus z inceṗbl v impruvmnt.

Most Cnsrṿtiv MPz wd b rid v hr tmoro f ɖe cd agri on a we t d it ɖt wd’nt mc ɖer pridic̣mnt īvn wrs, bî ẃć ɖe mīn avôdñ a contest ɖt mt pṛmot smwn īvn les sūṭbl ɖn Mz Trus.

Ɖr z olso cnsrn ɖt a rplesmnt wd fes an imīɉt crîsis v l’jitiṃsi. Ɖr r wez t arenj a s’xeśn, bîpasñ a baḷt v Tori membrz, bt ɖ ces fr a jenṛl ilex́n wd ɖen b oṿẃlmñ. Fy Tori MPz fīl sef inuf in ɖer sīts t reliś ɖt prospect.

Ɖ probḷm v a ʈredbér mandet z an iśu olrdi. Ɖ unritn rūlz v Britiś dmocṛsi alǎ fr ćenjz v prîm̦inistr wɖt neśnwîd ilectṛl ratiḟceśn, bt ɖ l’jitiṃsi v a guvnmnt ɖus instōld dmandz hymiḷti in recgnîzñ ɖt pǎr z d’rîvd fṛm a parḷmntri mjoṛti wún on a ptiklr maṇfesto. Mz Trus’z mavric bujit’dvnćr dfaid ɖt prínsipl. Ś imbarct on a dstructiv cors wɖ a reṿluśnri zīl ɖt hd no deṃcratic besis.

Ɖ denjrz inhiṛnt in ɖs sićueśn r evidnt t raṣ́nl Tori MPz, mni v hūm rec̣gnîz ɖt reźīmćenj z fast bcmñ a matr v naśnl rjnsi, trumpñ eni qsćn v ẃt it mīnz fr ɖ parti. Hvñ witnist ɖ harm ɖt Mz Trus cn d t Britn in jst a fy wīcs, it z hard t mc ɖ ces fr wêtñ n siyñ ẃt mt hapn f ś stez in ɖ job fr yirz.

Ɖt z ɖ petriotic ces fr ax́n. It hapnz olso t b tru ɖt ɖ Cnsrṿtiv parti’z slf-inṭrest z srvd bî swiftli dspozñ v its cuṛnt līdrśp. Mz Trus’z funḍmnṭlist libterịn îdioḷji hz bn stres-tstd n brocn bî ɖ vri fors it veṇrets az a s’prīm oʈoṛti – ɖ marcit. Hr cṛdnślz n hr crīd cd hardli b mor comprihnsivli dmoliśt. Ɖr r uɖr strenz v Cnsrṿtizm n tṛdiśnz in ɖ parti wrʈ salṿjñ fṛm ɖ ruin v Mz Trus’z project. Ɖt z a tasc t b unḍtecn in opziśn, ẃć z clirli nǎ ɖ propr ples fr ɖ Tōriz, az its mor onṛbl MPz n s’portrz mst riylîz.

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Instroduction to Ñspel

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Fṛm Đ Gardịn: At ease, Martin Lewis – a queue of Tory MPs is here to solve the cost of living crisis

Ñspel, From the Guardian, , ,
‘George Eustice recently let shoppers in on the little secret of supermarket value ranges.’ Photograph: Breakfast | Sky News
‘Jorj Ysṭs rīsntli let śoprz in on ɖ litl sīcrit v sūṗmarcit valyrenjz.’ Foṭgraf: Brecfst │ Scî Nyz
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At īz, Martin Luis – a k v Tori MPz z hir t solv ɖ cost-v-livñ crîsis

(Transcription of an article published in the Guardian on Tuesday 17 May 2020)

Hd y ʈt v biyñ peid mor, sjsts wn ministr. Hu derz clem ɖ guvnmnt hz no brît îdīaz‽
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Marina Hyde

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Mrīna Haid, Tyzde 17 Me 2022

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Gvn ɖ implôī caliba n atriśnret v ɖs guvnmnt, it’s olwz a hart-in-mǎʈ momnt ẃn ɖe unlīś a prīvịsli unhŕd-ov ministr on ɖ erwevz. Mć lîc ɖ bit in ɖ Simpsnz ẃr Mr Brnz rlisz ɖ wñd munciz fṛm hiz windo wɖ a hopfl “Flî, mî pritiz – flî!”. Ẃn ʈudz n bludcrdlñ śrīcz folo, h trnz t hiz rtenr, Smiɖrz, wɖ ɖ crt instrux́n: “Cntiny ɖ rsrć.”

Phps Nu 10’z cómzjīńsz flt ɖs we ẃn ɖe debyd ɖ hiɖrtu dzrvidli obskr sefgardñministr, Rećl Mclīn, on t Munde’z brecfstśoz t dscus ɖ cost-v-livñ crîsis. Hu nz ẃ ɖ randm nitwit-jeṇretr mśīn hd md it Rećl’z trn? Mbi Heḷn Wêtli wz rfyzñ t cm ǎt v hr trelr. In mni wez I rfyz t b’liv Rećl īvn z ɖ sefgardñministr – a hyj part v m asymz ś z jst a caṛctr hesṭli asmbld fṛm dscardd awede îdīaz n ɖen gvn a pritnd jobtîtl ɖt it wd fīl rūd t argy wɖ. “Jst se ś’z ɖ ‘sefgardñministr’. Sǎndz lîc a ʈñ.” Az fr Rećl’z ʈōts on hǎ incrisñli añśs sitiznz cn rspond t multipl fînanśl preśrz, let’s si ɖm flî. “W nīd t hv a plan t gro ɖ icoṇmi,” ś haẓdd (no śit), “n t mc śr ɖt ppl r ebl t pṛtct ɖmslvz betr, ẃɖr ɖt z bî tecñ on mor aurz or muvñ t a betr peid job.”

Cntiny ɖ rsrć.

In ɖ mntm, f y’r cīpñ a tali v guvnmnt sjsćnz fr hǎ t dīl wɖ akt riyl-wrld fînanśl dstres, plīz ad “Hd y ʈt v biyñ peid mor?” t ɖ pîl. Sd pîl olso fīćrz similr advîs fṛm T’rez Cófi t wrc mor aurz, ẃl Jorj Ysṭs rīsntli let śoprz in on ɖ litl sīcrit v sūṗmarcit valyrenjz. “Jenṛli spīcñ,” h jenṛlîzd unspīcbli, “ẃt ppl fînd z bî gwñ fr sm v ɖ valybrandz rɖr ɖn ǒn-brandd products, ɖe cn acć̣li cnten n manij ɖer hǎsholdbujit.” Amezñ, z’nt it, ɖt Jorj stl hz ol ɖs gd stuf in ɖ tanc, ẃn muni-sevñ xprt Martin Luis rīsntli admitd, “I am ǎt v tūlz t hlp ppl nǎ … I’v bn ʈru ɖ fînanśl craś, I’v bn ʈru Covid. Ɖs z ɖ wrst, ẃr w r rît nǎ … Ɖt z simpli nt teṇbl in ǎr ssayti. Ɖr z abṣlutli panic n it hz nt startd yt.” Hz Martin ʈt v pôntñ ǎt wez ppl cd rtren in invstmntbancñ?

In ɖ mntm, wɖ ɖ Banc v Ñgḷnd guvnr apirñ bfr ɖ Treẓ́ri s’lect cmiti on Munde t fōrcast “apoc̣liptic” fūdprîsz, d y gt ɖ sns ɖt ɖ guvnmnt hz enʈñ in ɖ sem poscod az a plan t mc ʈñz īvn mîldli betr? Hand on hart, no. Qt ɖ oṗzit. In fact, it hz tū planz t mc ɖm wrs. Ɖ frst z a poṣbl tredwor wɖ ɖ YY, ẃć smelt-it-dlt-it trīticritic Devid Frost sīmz t b sjstñ z wn v ɖ gd cndz v worz. N ɖ secnd z Boris Jonsn’z trîumfnt anǎnsmnt, via ɖ pejz v ɖ Dêli Meil az opozd t ɖer lînmanijrz, ɖt h z gwñ t le of 91,000 sivl srvnts.

Let’s parc ɖ fact ɖt ɖ prîm̦inistr śrli arîvd at ɖs numbr bî ɖ enćnt clu-fri tecnīc fr mcñ cuts – ʈncñ v ɖ totl numbr, ɖen dvîdñ it bî fîv. Instd, w’l foc̣s on ɖ mn ivnt, ẃć z sjstñ ɖt ɖ bst îdīa fr hǎ t entr a rseśn z t mc cuts t fruntlîn srvispṛviźn. Ẃtvr it sz on ɖ bac v Jonsn’z napcin, ɖr simpli z’nt anɖr we t mc 91,000 cuts. V cors, Nu 10 dz’nt tel y abt ɖ fruntlîn srvispṛviźn, prifŕñ instd t inṭmet ɖt ɖs wl mirli b a just-deẓts rspons t sivl srvnts wrcñ fṛm hom. Ɖs z ɖ ćīf bugber v ɖt incoriɉbl dsc snifr Jecb Rīs-Mog, a man huz ǒn wrc dsc dz nt īvn fīćr a cmpytr, bt hu hz rīsntli bn sliɖ̇rñ rnd Ẃîthōl lîc ɖ Ćîld Caćr fṛm Ćiti-Ćiti Bañ-Bañ n līvñ sub-Yodl “sori I míst y” nots fr sivl srvnts. I’m tld ɖt Rūṗt Mrdoc z obsest wɖ ppl rtrnñ t ɖ ofis ẃrvr ɖe me wrc, so phps ɖt pts led in ɖ Rīs-Mog pnsl.

Īvn so, fr a guvnmnt ɖt hz aćivd abṣlutli nʈñ in ofis bar a Brexit dīl it z cuṛntli ʈreṭnñ t torć, it dz fīl jenyinli xtrordnri t woć ɖ Jonsn admiṇstreśn wrc so cmitidli agnst ɖs organic form v leṿlñ-up. Az hz bcm incrisñli clir evr sins ɖ frêz wz frst fartd ǎt, ɖe hv’nt ɖ frst clu hǎ t “levl p” enʈñ. Yt in wn swift n elignt we, rmot wrcñ z ɖ marcit acć̣li bginñ t dlivr ɖer poḷsi fr ɖm – bî alawñ ppl t drw mtroṗlișaḷriz bt fizicli lcet ɖmslvz in les aflụnt rījnz fr at līst sm v ɖ wrcñwīc. Ẃt’s nt t imbres?

Ovr t Boris Jonsn, a man hu feṃsli wrcs fṛm hom. Indd, hiz ofiślz hv spent mć v ɖ yir xplenñ ɖt z ẃ srtn rūlz d’nt aplî t Dǎnñ Strīt. “Mî xpirịns v wrcñ fṛm hom,” Jonsn xplend at ɖ wīcend, “z y spend an ōfl lot v tîm mcñ anɖr cup v cofi n ɖen, y nǒ, gtñ p, wōcñ vri slǒli t ɖ frij, hacñ of a smōl pìs v ćīz, ɖen wōcñ vri slǒli bac t yr laptop n ɖen fgetñ ẃt it wz y’r dwñ.” Ǒ, y fgot ẃt y wr dwñ? Let s hlp y ǎt. Y WR S’POZD T B BIYÑ Ɖ EFÑ PRÎM̦INISTR. Ā wel, phps anɖr tîm. Sori t hv míst y.

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Instroduction to Ñspel

In Ñspel │ The Observer view on the cost of living crisis

Ñspel, From the Guardian, , ,
Wages in Britain have been mostly stagnant since the financial crisis and productivity sits 15% below the United States, Germany and France. Photograph: Gary Calton/The Observer
Wejz in Britn hv bn mostli stagnnt sins ɖ fînanśl crîsis n prodctivti sits 15% b’lo ɖ Ynîtd Stets, Jrṃni n Frans. Foṭgraf: Gari Caltn/Ɖ Obzrvr

Ɖ Obzrvr vy on ɖ cost v livñ crîsis

(Transcription of an editorial published in the Observer on 1 May 2022)

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Cabiṇtministrz’ glib śortcuts r dîr rspons t ic̣nomic crîsis

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Súnde, 1 Me 2022

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Livñstanddz r set t fōl at ɖer fastist ret sins recordz bgan in ɖ mid-1950z. Last munʈ, ɖ Ofis fr Bujit Rsponsbiḷti pridictd ɖt riyl hǎshold incmz wl fōl bî 2.2% ɖs yir, az eṇji n fūdprîsz incris bt wejz fel t cīp pes wɖ rîzñ bilz.

Ɖ impact wl nt b flt īqli. Fr sm, it wl bérli rejistr. Fr uɖr faṃliz, it wl mīn dificlt dsiźnz abt ẃt t cut bac on. Fr uɖrz stl, it wl b pṛfǎnd, strećñ pricerịs bujits in ẃć ɖr z olrdi no giv, forsñ imposbl ćôsz btwn isnślz sć az ptñ fūd on ɖ tebl n cīpñ ɖ hītñ on, n śarṗnñ ɖ fir v ɖ unixpctd ǎtle ɖt cn trigr a détspîṛl fṛm ẃć ɖr z no iscep. Wn esṭmet sjsts lowr-incm hǎsholdz wl fes a drop in incm v £1,300 ɖs yir.

Last wīc, ɖ lêtist ʈncñ fṛm ministrz on hǎ t adres ɖs crîsis in livñstanddz tricld intu ɖ hedlînz aftr a cabiṇt “brenstormñ” mītñ. Grant Śaps, ɖ trnsportministr, pṛpozd muvñ car MOTz fṛm wns a yir t wns evri 24 munʈs, sevñ a wn-car hǎshold a pōltri £23 a yir, at ɖ risc v jeṗdîzñ rodsefti. Ɖ edyceśnsecṛtri, Nadhim Zahawi, sjstd incrisñ ɖ maximm numbr v ćildṛn an rli-yirz wrcr cn b rsponsbl fr in ordr t moḍstli rdys ɖ cost v ćîldcer. Uɖrz arnd ɖ tebl rportidli sjstd yṇlatṛli scrapñ tarifs on fūd imports, ẃć wd wìcn Britn’z hand in tred ngośieśnz, n scrapñ guvnmntcmitmnts t rdys carbn imiśnz, a muv ɖt wd criet sgnificnt loñ-trm ic̣nomic n invîrnmntl costs fr ɖ YC.

Ɖ śalo sjsćnz rvil ɖ guvnmnt’s desṗreśn t gv votrz ɖ impreśn it z tecñ ax́n t adres ɖz harś ic̣nomic srcmstansz, bt wɖt spendñ eni muni. Ɖe r nt sirịs poḷsiz, bt fodr fr pres rlisz bfr ɖ locl ilex́nz.

Britn z xpirịnsñ a pṛloñd ic̣nomic mleiz. Wejz hv bn mostli stagnnt sins ɖ fînanśl crîsis, prodctivti hz bérli groun sins ɖen n sits 15% b’lo ɖ Ynîtd Stets, Jrṃni n Frans, n xtrnl śocs – ɖ slf-inflictd pen v līvñ ɖ YY’z sngl marcit n custmz yńn, n ɖ wor in Ycren – hv snt prîsz roc̣tñ.

Ɖr r no śortcuts t incrisñ livñstanddz. Eni aproć hz t b ʈri-proñd. Frst, ic̣nomic poḷsi nīdz t targit rîzñ prodctivti n t enśur ɖ spôlz r śerd īvnli wɖ implôīz ʈru incrist wejz, ptiklrli fr ɖoz in lo-peid wrc. Wn v ɖ rīznz in-wrc poṿti rets hv rizn z ɖt ɖr r tù mni jobz ɖt simpli d nt pe inuf t inebl ppl, ptiklrli ɖoz wɖ ćildṛn, t enśur a minimm standd v livñ. Ɖt cn b aćivd onli bî narowñ ɖ groʈgap btwn Lundn n ɖ sǎʈ-īst n ɖ rest v ɖ cuntri. It wd tec, at ɖ vri minimm, a radicl rībaḷnsñ v guvnmnt invstmnt in trnsport, infṛstrucćr n scilz awe fṛm ɖ rićist rījnz v ɖ cuntri, ẃć olrdi rsiv mor invstmnt p’ capita, twdz ɖ purist. Brexit hz onli md ɖs tasc hardr; it z fōrcast t sgnificntli rdys xports n t incris rījnl iniqoḷtiz ovr ɖ loñ trm.

Secnd, ɖ riyl-trmz cuts t beṇfits n taxcredits v ɖ past deced fr lo-incm faṃliz wɖ ćildṛn mst b rvrst. In an icoṇmi wɖ sgnificnt amǎnts v lo-peid wrc, ɖr wl olwz b a nīd fr guvnmnt t rīdistribyt incm twdz lo-incm peṛnts. Yt s’xesiv Cnsrṿtiv ćanslrz hv rdyst ɖ valy v beṇfits n taxcredits ovr tîm, wɖ sm faṃliz luzñ ɖ iqivḷnt v ʈǎzndz v pǎndz a yir fṛm ɖer hǎshold bujits, ẃl dliṿrñ xpnsiv incmtax cuts ɖt hv dispṛporśṇtli beṇfitd mor aflụnt hǎsholdz. Ɖs z anɖr ci rīzn ẃ in-wrc poṿti rets hv incrist n ẃ, in a cuntri az rić az ǎrz, ɖr r ppl, includñ ɖoz in wrc, rlayñ on fūdbancs t fīd ɖer ćildṛn. Ɖ s’port ɖt ɖ ćanslr, Riśi Sŭnac, hz anǎnst t hlp faṃliz wɖ eṇjibilz z tù ʈinli spred, includñ acrs hǎsholdz fr hūm it z nt criticl, līvñ ɖ purist faṃliz hoṛbli xpozd.

Last, ɖ guvnmnt nīdz t implimnt strucćṛl rformz t tacl ɖ hî cost v livñ. Ɖ most importnt v ɖz z hǎzñ, ɖ costs v ẃć irod tù mć v ppl’z pêćécs in wn fél swūp. Ɖ YC hz nvr bilt inuf hǎzñ wɖt sgnificnt public sectr invstmnt intu sośl hǎzñ; yt sośl hǎsbildñ levlz hv dropt dṛmaticli sins ɖ 1980z, līvñ ɖ sośl-hǎzñ stoc t dwindl az a rzult v deṃliśnz n ɖ rît t bai. Ɖs hz pśt mor n mor ppl hu hv litl hop v evr bayñ ɖer ǒn hom intu an oṿprîst prîṿt rentd sectr. Britn rjntli nīdz a program v public invstmnt in hǎsbildñ t criet mor aforḍbl homz fr rent.

Ɖz r loñ-trm ic̣nomic rformz ɖt rqîr sstend invstmnt. Īvn f pt in ples imīɉtli, ɖe wl tec tîm t fŭli dlivr fr ɖ icoṇmi. Yt ɖs z a guvnmnt ɖt swñz fṛm crîsis t crîsis, wɖ litl wilñnis or cpaṣti t plan fr ɖ nxt deced n a drʈ v îdīaz t adres Britn’z vri riyl n strucćṛl ic̣nomic probḷmz. Ɖs lacdezicl aproć wl probbli cnsîn s t yirz mor v slugiś groʈ ɖt drîvz incrisñ numbrz v faṃliz wɖ ćildṛn intu poṿti.

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Instroduction to Ñspel