Budget

[Mustard Dave]

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.

Well they should think of that before breeding like rabbits.

 

[SWP's back]

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.

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]

Well they should think of that before breeding like rabbits.

Not disagreeing with that MD... Just pointing out the income protection insurance policies are a waste of time, paper and money and FOC offering a much more practical alternative (in comparison)

 

[Prestwich_Blue]

So Osborne's message to those 'hard working families' him and Dave love so much is "You're going to have to work a damn sight harder, particularly if you're low paid".

 

[SWP's back]

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.

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.

 

[SWP's back]

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.

Yep. I did exactly that. Lived with 4 other young professional guys in Whalley Range when I first moved to Manchester.

 

[SWP's back]

So Osborne's message to those 'hard working families' him and Dave love so much is "You're going to have to work a damn sight harder, particularly if you're low paid".

No

 

[Blue Maverick]

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.

As a matter of interest how long do they pay out for it can't be forever, what do you do then?

 

[BigJoe#1]

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.

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.

 

[foxy]

Yep. I did exactly that. Lived with 4 other young professional guys in Whalley Range when I first moved to Manchester.

Labour and the rest of the left will define that as poverty