salfordtrueblue
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Before you let Cameron loose with a cleaver !
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Go take a look at Greece !
- Thread starter salfordtrueblue
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Challenger1978
Well-Known Member
salfordtrueblue said:Before you let Cameron loose with a cleaver !
Not this shit again, it dosn't matter who wins the election Labour, Lib Dems or Conservatives. It is law that they have to half the deficit over the next 4 years. Which amounts to all 3 main parties having to make cuts/tax rises of around £40 to £50 Billion pounds a year.
Labour wants to put of the cuts for a year to try and grow the economy to increase tax revenue. If that doesn't pan out they will have to make cuts/tax rises of around £55 to £65 Billion pounds a year. I'm not spouting shit mate this is 100% truth we're fucked no matter who gets in.
salfordtrueblue
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- Joined
- 18 Dec 2008
- Messages
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I think your missing one major point here Chal,labour are using a substantial amout of cash generated by the NI money to safeguard public services Camerons gona start chopping instead.....each to there own,its lookin likely that the Etonian old boys are getting in,so "Que Sera, Sera"Challenger1978 said:salfordtrueblue said:Before you let Cameron loose with a cleaver !
Not this shit again, it dosn't matter who wins the election Labour, Lib Dems or Conservatives. It is law that they have to half the deficit over the next 4 years. Which amounts to all 3 main parties having to make cuts/tax rises of around £40 to £50 Billion pounds a year.
Labour wants to put of the cuts for a year to try and grow the economy to increase tax revenue. If that doesn't pan out they will have to make cuts/tax rises of around £55 to £65 Billion pounds a year. I'm not spouting shit mate this is 100% truth we're fucked no matter who gets in.
Challenger1978
Well-Known Member
salfordtrueblue said:Challenger1978 said:Not this shit again, it dosn't matter who wins the election Labour, Lib Dems or Conservatives. It is law that they have to half the deficit over the next 4 years. Which amounts to all 3 main parties having to make cuts/tax rises of around £40 to £50 Billion pounds a year.
Labour wants to put of the cuts for a year to try and grow the economy to increase tax revenue. If that doesn't pan out they will have to make cuts/tax rises of around £55 to £65 Billion pounds a year. I'm not spouting shit mate this is 100% truth we're fucked no matter who gets in.
I think your missing one major point here Chal,labour are using a substantial amout of cash generated by the NI money to safeguard public services Camerons gona start chopping instead.....each to there own,its lookin likely that the Etonian old boys are getting in,so "Que Sera, Sera"
No i'm not mate thats taking into account everything, there is still a short fall of between £40 to £50 billion in all 3 of the main parties spending plans.
<a class="postlink" href="http://news.bbc.co.uk/1/hi/uk_politics/election_2010/8647860.stm" onclick="window.open(this.href);return false;">http://news.bbc.co.uk/1/hi/uk_politics/ ... 647860.stm</a>
It is law we have to half the deficit in the next 4 years. The deficit as of the end of december 2009 according to the office of national statistics puts it at £950.4 billion.
<a class="postlink" href="http://www.statistics.gov.uk/cci/nugget.asp?id=277" onclick="window.open(this.href);return false;">http://www.statistics.gov.uk/cci/nugget.asp?id=277</a>
That means we've got to pay back £475.2 billion back over the next 4 years (fucking greedy bankers). We can't fail to meet that target either otherwise the UK credit rating could be down graded which would increase the intrest rates on the debt and make paying off the national debt even harder.
Its a scary situation to be in and really bad for the country. We have to though deal with the reality that no matter who gets in we're in for some bloody big cuts in spending and possibly big tax raises as well.
ElanJo
Well-Known Member
Maybe it'll teach us for allowing the Government to manage the economy. They've fooked it up and in the process stolen the lives of people who aren't even born yet.
And they haven't fooked the economy up through incompetent buffoonery, tho they are incompetent buffons, they've fooked it up because you simply cannot manage an economy. You'd have to be a God to even have a chance at running one with any kind of success.
The reality is that there has to be cuts. Big cuts. It'll be good in the long run. Only a market can allocate resources.
And they haven't fooked the economy up through incompetent buffoonery, tho they are incompetent buffons, they've fooked it up because you simply cannot manage an economy. You'd have to be a God to even have a chance at running one with any kind of success.
The reality is that there has to be cuts. Big cuts. It'll be good in the long run. Only a market can allocate resources.
PJMCC1UK
Well-Known Member
Greece is a bad example. They've spent money for years that they didn't have. Labour had done that here. If you want the public services to be kept at high levels of financing then prepare for high levels of tax.
The NI increase hits business and therefore jobs so is bad. Shame that we all want the high investment yet if a party ever came out and said anyone earning over a set amount pays 30% tax and upwards in-line with earnings we'd never vote for them.
The NI increase hits business and therefore jobs so is bad. Shame that we all want the high investment yet if a party ever came out and said anyone earning over a set amount pays 30% tax and upwards in-line with earnings we'd never vote for them.