Budget

BigJoe#1 said:
What...? These policies that have so many get out clauses they ain't worth the paper they're written on, another version of the PPS's. You'd be better off saving the premiums and buying premium bonds.
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Well they should think of that before breeding like rabbits.
 
Rascal said:
You know a little about economics. Apart from the political stunts that tories will like, it is an awful budget for normal people.

The £9 living wage by 2020 is a con. It is already £9.15p in London and that is with tax credits taken into account and does not apply to under 25s.

Under 21s denied HB. Where do they live?

The raising of Tax thresholds. Claimed to benefit poor. Most poor will not gain by a penny. Everyone who earns above gains, everyone. Regressive taxation once again.

The Inheritance tax cut affects how many people?. . Inherited wealth preserves the elite does it not? Why not tax the person who recieves the unearned wealth?

1% public pay rise. After inflation will be a pay cut....Thought the Tories were the party of aspiration?

Scrapping maintenance grants for the poorest students....aspiration?

Freeze and cuts to in work benefits......aspiration?

Cutting Wrag ESA for the sick by £30 to JSA levels? Why? That is just plain cruelty.

And taking money away from kids. The heartless cunts. But of course it is popular here because everyone here thinks people with kids are feckless layabouts. It disgusts me.

But the Corporations get their thanks for supporting the Tory party with a 2% cut. Bonuses all round for the fat cats.


The tories have no heart, they have no empathy, they hate the workers, they hate the poor and they hate the north. Fuck all about investment to the north just some platitudes about "powerhouse this and that"


Does Osborne not understand that cutting money to the poorest who have the highest propensity to spend will affect demand and therefore make the deficit harder to pay off? That is simple economics. I doubt he has heard of the multiplier. Does he not realise a cut in VAT would stimulate demand, meaning more jobs, meaning less benefits, meaning paying off the deficit easier?

This long term economic plan he bangs on and on about is just fucking nonsense. It is and i have said this before an excuse to ideologically shrink the state so that it can be sold off cheap to his mates.
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Or the cuts aren't as bad as expected as the economy is bringing in more through tax thanks to increased GDP growth?

Already been through 1% bring an above inflation growth in wages.

Zero tax for minimum wage earners.

The Tories don't hate the poor or the workers.

The poorest students still pay nothing until they can afford to.
 
BigJoe#1 said:
What...? These policies that have so many get out clauses they ain't worth the paper they're written on, another version of the PPS's. You'd be better off saving the premiums and buying premium bonds.
Click to expand...
You're thinking of A S & U.

Income protection has a payout rate of over 92%, but you have to get sick rather than lose your job.
 
Mustard Dave said:
Most working people live with parents until they can afford to leave home. If that isn't an option because they are fucking dead-legs, they can rent a room or live in a shared house like students and many young professionals do.
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Yep. I did exactly that. Lived with 4 other young professional guys in Whalley Range when I first moved to Manchester.
 
SWP's back said:
The Tories don't hate the poor or the workers.
.
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In 2020 a couple with 2 kids with the man working 37.5 hours per week at the Living wage and the woman working 16 hours at the living wage will be £850 per year worse off

And that is not hating the workers or the poor?

One Nation my fucking arse.
 
SWP's back said:
No
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The increase in the minimum wage will nowhere near make up for the cut in benefits for working families.

But I like this idea of pushing the cost of welfare payments onto others. The BBC paying for free licences for the over 75's and employers making up the loss of benefits. Whatever next - paying rent to hospitals when you're in long term? Allowing the emergency services to charge? Getting landlords to forgo rent instead of paying people housing benefit?
 
BigJoe#1 said:
Very limited in the circumstances income protection will pay out, like you say sickness and..... There is so much hidden in the small print they are just not worth it IMO.
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That's totally factually incorrect.

You're right about accident, sickness and unemployment (which is a non regulated general insurance paying out for a short term, usually 2 years).

Income protection insurance is a regulated insurance product, paying out up until SRA and has a payout rate above 90% with non disclosure of previous medical history as the leading reason for non payment.
 
Rascal said:
In 2020 a couple with 2 kids with the man working 37.5 hours per week at the Living wage and the woman working 16 hours at the living wage will be £850 per year worse off

And that is not hating the workers or the poor?

One Nation my fucking arse.
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Your source for this?
 
SWP's back said:
That's totally factually incorrect.

You're right about accident, sickness and unemployment (which is a non regulated general insurance paying out for a short term, usually 2 years).

Income protection insurance is a regulated insurance product, paying out up until SRA and has a payout rate above 90% with non disclosure of previous medical history as the leading reason for non payment.
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This is an example off an independent web site.... http://www.which.co.uk/money/insura...otection/income-protection-problems-to-avoid/

like I say they are a rip off IMO, more than happy for you not to agree but the small print will always have a reason not to pay.

Back and neck problems and stress-related illness
When it comes to common illnesses, such as stress and back pain, several policies make it hard to claim. When we looked at income protection policies, we found that some would pay out if you were certified as ill by your doctor, whilst others would insist on physical evidence of the underlying cause.

PG Mutual's policy terms, for example, state that it won't cover any mental or nervous disorders 'without demonstrable organic disease'. Similarly, insurers British Insurance and I:protect may only pay out for back pain where there is 'radiological medical evidence of abnormality' or 'scan evidence'.

Barclays insists on a psychiatric consultant's report for stress, and an orthopaedic consultant's report for backache. With these types of conditions, providing concrete physiological evidence can often prove extremely difficult.

If you're buying an income protection policy, make sure you ask the potential provider whether it covers back, neck and stress problems, and on what basis.
 
Rascal said:
You know a little about economics. Apart from the political stunts that tories will like, it is an awful budget for normal people.

The £9 living wage by 2020 is a con. It is already £9.15p in London and that is with tax credits taken into account and does not apply to under 25s.

Under 21s denied HB. Where do they live?

The raising of Tax thresholds. Claimed to benefit poor. Most poor will not gain by a penny. Everyone who earns above gains, everyone. Regressive taxation once again.

The Inheritance tax cut affects how many people?. . Inherited wealth preserves the elite does it not? Why not tax the person who recieves the unearned wealth?

1% public pay rise. After inflation will be a pay cut....Thought the Tories were the party of aspiration?

Scrapping maintenance grants for the poorest students....aspiration?

Freeze and cuts to in work benefits......aspiration?

Cutting Wrag ESA for the sick by £30 to JSA levels? Why? That is just plain cruelty.

And taking money away from kids. The heartless cunts. But of course it is popular here because everyone here thinks people with kids are feckless layabouts. It disgusts me.

But the Corporations get their thanks for supporting the Tory party with a 2% cut. Bonuses all round for the fat cats.


The tories have no heart, they have no empathy, they hate the workers, they hate the poor and they hate the north. Fuck all about investment to the north just some platitudes about "powerhouse this and that"


Does Osborne not understand that cutting money to the poorest who have the highest propensity to spend will affect demand and therefore make the deficit harder to pay off? That is simple economics. I doubt he has heard of the multiplier. Does he not realise a cut in VAT would stimulate demand, meaning more jobs, meaning less benefits, meaning paying off the deficit easier?

This long term economic plan he bangs on and on about is just fucking nonsense. It is and i have said this before an excuse to ideologically shrink the state so that it can be sold off cheap to his mates.
Click to expand...

I'm amazed they got in then if the writing was on the wall....... Labour were such a sure thing that the majority voted for the Tories. You can't argue with the result of the election can you?

I guess we have the SNP to blame
 
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