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Lube up!

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  • malvolio
    replied
    The Tories didn't strip anyone of anything, that is just another urban myth.

    If you want to blame someone go back to Thatcher and the push to de-nationalise things. While that was on many ways a good idea (compare your telecoms now to what BT were delivering in the 80s for instance), the failure was to require them to manage the level of re-investment and effectively allowing the new companies to put dividends ahead of services. Thames Water is a classic example of not spending milli0ons sorting out their network while paying enormous dividends to their shareholders. The same applies to almost all our public services combined with poor financial decisions at County level by vastly overrated officials; the mismanagement goes far wider than a single party in Westminster.

    Leave a comment:


  • vetran
    replied
    Originally posted by dsc View Post
    How else you are going to gather money to fix all that is broken? and everything is broken. I've said it before and I'll say it again, taxes will go up for sure, the only problem is that if they go to heavy-handed on it, they risk dampening the already laughable economic growth. They can't borrow more (well they can, but it's not advisable) as the budget deficit is so crazy high.

    It's a bit like allowing your house to go into ruin and then moaning that the new owners need to increase service charges to pay for repairs. All those years of stripping services of money and underfunding pretty much everything led to this, so don't be bloody surprised. Or would you prefer to see Tories carry on like before and letting even more to crumble into tulip? Not actually sure there's much left tbh...
    Interesting reading

    https://ifs.org.uk/publications/cons...conomy-2010-24

    Leave a comment:


  • dsc
    replied
    How else you are going to gather money to fix all that is broken? and everything is broken. I've said it before and I'll say it again, taxes will go up for sure, the only problem is that if they go to heavy-handed on it, they risk dampening the already laughable economic growth. They can't borrow more (well they can, but it's not advisable) as the budget deficit is so crazy high.

    It's a bit like allowing your house to go into ruin and then moaning that the new owners need to increase service charges to pay for repairs. All those years of stripping services of money and underfunding pretty much everything led to this, so don't be bloody surprised. Or would you prefer to see Tories carry on like before and letting even more to crumble into tulip? Not actually sure there's much left tbh...

    Leave a comment:


  • Paddy
    replied
    Originally posted by vetran View Post
    Old demon eyes is back

    https://www.dailymail.co.uk/news/art...-Net-Zero.html






    its what the electorate wanted!
    The Tories did not want to win the election for that reason. The Tories trashed the economy, stole tax payers money and when the Treasury was empty they left. This is reminiscent to Harold Wilson's emergency budget a few days after winning the election in 1964.

    Leave a comment:


  • vetran
    started a topic Lube up!

    Lube up!

    Old demon eyes is back

    https://www.dailymail.co.uk/news/art...-Net-Zero.html


    The REAL Labour agenda? Tony Blair warns UK faces £50bn in tax hikes by 2029 after Rachel Reeves 'paves the way to raise the burden' by warning public finances are in the 'worst state since the Second World War'


    its what the electorate wanted!

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