Leslie

Whoever is in power after the next election will have no choice but to raise taxes. The point I was making was that the situation we are in dictates that. They have come to the end of Quantative Easing, or printing money now that they have got it up to £200 billion. This and the overborrowing which they have continued ever since they first took power and which they used to make the economy look artificially better than it was is about to run out. Their wasteful overspending has dropped us into a far worse position to be able to withstand a recession and to recover from it. I imagine that they have had to announce this magical reduction of government spending since the IMF will probably have given then the same warning that they gave to Callaghan in his previous economic disaster.

What really counts is who has dropped us into such a position with their gross overborrowing policy followed by just pissing so much money against the wall on useless projects etc?

Whoever the next government is will have to tax us and also inflation is likely to increase seriously as a result of printing so much money. Historically the Conservatives have always managed the economy far better even before you start quoting the big mistake over the ERM at us. When NL took over, they had a strong economy left to them-now look at it!

You can try to make capital out of the inverted snobbery over Cameron's background in sheer desperation all you will, but you cannot get around the destruction of this country in all respects at the hands of your heros.

Les

SunnySideUp

Les

You and I both know (or we should do by now) that what has happened would have happened in any case - whatever the colour of the party leading the country.

Maybe we need a change, it will certainly be a BIG risk to put our future into the hands of inexperience ..... personally, I do not want my future as the learning curve for a pair of Eton Boyz.

Luan Pra bang

You mean you don't want very clever, very well educated people running the country, you would rather the brain dead liars we have at the moment ?

Geezer

Just because someone goes to Eton it does not follow that they are clever!

There's plenty of idiots with money.......

Life under the Tories will not be any different, just as life under Labour wasn't really any different.

They are so similar now it doesn't matter who is in, they are all useless!

Geezer

SunnySideUp

Geezer, well said ........................ just don't vote Tory as they are the worst of a bad lot!

speedking

So where will the £178 bn that we need to borrow next year come from, if every other country is in the same parlous state?

bigsinky

£178 bn!! now that's some serious walkin around money. hookers, booze and drugs. the rest i would just squander

SunnySideUp

It will come from higher taxes ..... many more people than the current 70,000 will be paying tax at 40% next year as the upper limit has been frozen.

NI is going up 1%.

And costs will be slashed in Government departments.

They say that Schools, Hospitals and the Police will be immune ..... but, they shouldn't be. Don't cut front line money, money for the childrens books for example, but certainly reign in the excessive Teachers pay ... their pay has rocketed up under Labour, it has to stop!

TonyBurns

iTrader: (3)

Well for those who dont understand where this money is going let me put you straight....
BT.
Yes its going to fund the rollout of fibre street furniture from the exchange, from the street furniture to your house will still be copper though unless you live on a new build with fibre to the house.
Considering that it was the tories that sold BT off in the first place and the fact that BT has been so badly run for the last few years, it may eventually become re nationalised, though chucking shed loads of cash at 21CN to make that lemon work isnt/hasnt/didnt help anyway....

So just to point out where your money goes after things are sold off by the government (the tories spending plan of the 70's and 80's), BA, BR and BT, and at some stage you the tax payer has funded these private companies to keep em out of cack street

Tony

john banks

Why not just let them fail? Then the real private sector will step in and thrive. As it is, the state does too much, does it inefficiently and badly, taxing the life out of everyone and the productive private sector. Just when the private sector might get a chance from the failure of a previous state monolith, the government steps in and saves something that should be left to die and get broken up. They've done the same with banks, IMHO they should have just saved depositors and let the rest unwind and we'd have truly bottomed out already. As it is it has been prolonged and made worse IMHO. It is for these reasons that I vote Tory and support light government.

madscoob

iTrader: (3)

i was told that if you took home 250quid a week the only money you could spend without being taxed in some way shape or form was 11quid on kids clothes under labours tax everything regime / everything else is taxed in some direct or indirect was . vat on gas / electric / fuel/ etc etc

TonyBurns

iTrader: (3)

Do you understand that the biggest taxes where vat was added was under the tories?
Welcome to vat on food (takeaway's etc) as they hammered us all back then, but what government doesnt? (remembering they pulled in a shed load of cash from privatisation of all the necessary public resources like transport, telecoms etc)
One party is no different to the next, all your picking is the one that will do the least damage to your pocket....

Tony

Klaatu

Gotta tax all those CO2 awareness websites I guess.

speedking

While I broadly agree with your thinking, this project is probably too big and risky for the private sector to take on. Imagine they paid a fortune to lay loads of fibreoptic cable, and then someone could provide a faster service from satellites

Similar thing happened with Nuclear Power. While gas prices were low the Government shelved plans to build 5 Nuclear Power Stations along with Sizewell B. No private enterprise would take the risk.

Now we desperately need more power, prices rise, there is a scramble to build. With Government intervention the power stations could have been built (when they were technically uneconomic) and would now be keeping energy prices down, independence of supply etc.

This Broadband tax is a cost neutral way of Government funding speedy Broadband for all. Look at Broadband as an essential service for modern society, like the eductaion or health systems, and it makes more sense.

Perhaps people should be allowed to opt out and then pay an increased connection charge if they want the benefit in the future. Expect the take up would be too low though.

I have a similar plan for 'Green' energy. If you want only green then you pay the appropriate price. You can opt out of funding nuclear power, but pay an increased rate when you eventually realise that it is the only option for reasonably priced electricity.

Leslie

Yes the recession caused by the greedy bankers probably would have happened unless they were possibly controlled more closely by a different party and which might have reduced the effects as far as we were concerned.

The gross overspending by your mates on useless initiatives, top heavy and incompetent adminstration,more and more Quangos which incidently Flash said that he would wipe out completely, God knows how many government advisers, civil servants who turn up for work not knowing what their job is supposed to be even! I could go on... Had we now had the same strong economy that they inherited when they came to power we would be in a far healthier position economically. We are virtually in the same situation as at the end of WW2 and that led to full austerity which is pretty awful compared to the standard of living we have been used to.

The upshot is that we are on our beam ends with £200 milllion of unbacked printed money and about a £trillion of national debt. Can you in any stretch of the imagination call that a success story?

Take a look at the way they want totalitarian Orwellian control of us all for their own purposes, certainly not to improve our lot for sure. This to tie in with the Eu's plans for the whole federation to be controlled by their unelected leaders and an Eu parliament in which our vote will count for nothing! Forget all about democracy in that case!

Is that really how to want to see your life in the future? how would you feel about a Eurocop stopping you in the street to "check your papers"?

I still regret however that Haigh or David Davis are not leading their party.

Les

boomer

What is incredible is the fact that they intend charging VAT on top of this government invented fairy tax!!!!

...and however many millions this will raise, it won't even dent Broons offer of half a BILLION pounds a year (biggest in yerp, of course ) to help pacific islands offset their carbon sea-levels or something

mb

Leslie

I heard it was £1.5 billion he has offered. The £1 million he said would go to Cumbria after the flood destruction does not compare very well with that.

Les

boomer

Aye, that's the ticket - "half a BILLION pounds a year" for three years! Fricking One Eyed Scottish Idiot ****

mb