Originally posted by vetran
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You haven't a clue. -
Oops, corrected now!Originally posted by jamesbrown View Post"The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance." CiceroComment
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I agree that the deficit has not been cut as fast as I would like but I appreciate that making these decisions in government is not as easy as many think.Originally posted by AtW View Post
Trying to get the balance right between tax rises and spending cuts is tricky, too much will depress growth and this was delicate immediately after 2010.
The dividend tax was mentioned in the 2015 LibDem manifesto so they possibly copied it from there.
Whilst spending has continued to go up, the rate of growth is slower as cuts have been made and will be made.
At the end of the day, a Labour government will spend more, tax more and cut less - until one day, and I have no idea when this will be, we will be in the same position as Greece and finally we will have to face financial reality.
I would like to see a long term plan to start paying off the debt once the deficit has gone, I suspect any government will not be able to resist the temptation to spend any spare cash and/or offer tax cuts."The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance." CiceroComment
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So your solution is for Cons to increase taxation massively to hit their core voters very hard, total betrayal of business on all fronts (other than multinationals), and then you somehow think Labour would not increase taxes further???Originally posted by Waldorf View PostComment
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you want special treatment because you & others are late to the party? yep I have a clue.Originally posted by PurpleGorilla View Post
Build more houses, have fewer people wanting them. job done.Always forgive your enemies; nothing annoys them so much.Comment
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We will never be in the same position as Greece as the government of the day can simply create money as required. Might cause hyper-inflation and a run on the pound, but the government will always be able to pay its debts.Originally posted by Waldorf View PostComment
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Waldorf is one deluded tory voter... I can just see him in a ditch with his last breath saying that it would have been worse under Labour...Originally posted by tomtomagain View PostComment
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Labour/brown does deserve a special kicking for the f up of a mess they made with the economy.Originally posted by AtW View PostComment
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Behave! That'll be the global economy that went into meltdown, would it?Originally posted by PurpleGorilla View Post
And how long have the tories with their libdem fiends been in power? Osborne said the deficit would be wiped out by the end of the last Parliament yet, here we are still with a massive PSBR.
Wake up you gimp!I couldn't give two fornicators! Yes, really!
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It may have been a global meltdown but Labour also contributed to the mess domestically. When the crash did hit the UK was not well placed to deal with it, since it had been overspending and had the same foolish monetary policy in place as the US. But I'm not going to disagree on the Tories' incompetence. Especially given this recent budget/AS. Next crash will be as bad if not worse.Last edited by Zero Liability; 30 November 2015, 07:58.Comment
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