Osborne ' s emergency budget 5 months late?

[hilts]

If I could make a few points on your post:
We live in a democracy with free elections so the "people can have a say".
Tories will have spent a trillion more than the country earned in the ten years 2010 to 2020.
Our economy has become dependent on immigrant workers, skilled and unskilled ( particularly in and around London)and we have "full" employment. The Tories are only promising to 'control' immigration from the EU once we exit, not reduce it

Games on

 

[Vic]

This is my feeling too.

Goto the Xmas markets on a Saturday night, no-one is short of money I can tell you that. I swear I am the only one who doesn't have an Audi/BMW or just nipping off on holiday for the 5th time this year.

Every bugger also has an iPhone 7 too, iPads etc etc etc. If there are seriously impoverished people in their multi-millions then I don't know where they are because they aren't stuck in the queues into retail parks or like you mentioned queued out the door to get a £4 Starbucks.

I judge the state of the country by the chippy queues and business is seemingly booming.

that's why austerity has been disastrous. Money has been taken from the poor who spend 100% of it and most on the local economy. It's been given to the rich who spend it on luxury imports or don't spend it at all.

 

[Vic]

So: Tory MPs (brexiters) are now criticising the Office of Budget Responsibility for its gloomy forecasts.

They voted to set up the OBR to give independent financial experts input to government policy so chancellors couldn't just claim any old figures for the effect of their policies. True, we've now had enough of experts. ...

The OBR is having to guess the cost of Brexit because they asked what the government's negotiating aims are and were told Brexit means Brexit and we want to control immigration and have access to the single market (the cake and eat it stance). But things could be worse.

"As the negotiations get under way, we assume that GDP growth will continue to slow into next year as uncertainty leads firms to delay investment and as consumers are squeezed by higher import prices, thanks to the fall in the pound. But we do not assume that firms shed jobs more aggressively or that consumers increase precautionary saving, both of which are downside risks if the path to Brexit is bumpy."

Brexit means Brekshit.

Just heard rep from Balfour Beatty say they might struggle to fulfil lots of infrastructure projects. Presumably we'd need more immigrant labour!

 

[inbetween]

that's why austerity has been disastrous. Money has been taken from the poor who spend 100% of it and most on the local economy. It's been given to the rich who spend it on luxury imports or don't spend it at all.

That isn't my feeling, if this was true then the shops would be empty because according to Corbyn the majority of people are struggling but I don't see how they are. If the poor are instead a minority he hopes to defend then how does Corbyn ever hope to win an election aiming his entire policy making strategy at a minority group of people?

Companies like Primark, Next... Basically every single budget retailer that isn't being run badly is posting record sales year on year. If the poor spend 100% on the local economy why do I queue to get onto Aldi. Aldi is a typically localised budget supermarket, would the rich toffs shop in Aldi for their luxury imports? Near here we have everything, Booths, Waitrose, Morissons whatever and they are all ramjammed. I went to a local garden centre near here the other week which has a farmers market attached and even there on a Sunday I couldn't get a parking space. I've been to Ikea in Warrington recently too and again I drove around for 20 minutes looking for a space.

Go to the Trafford Centre at the weekend and you have to take whatever you can get and inside it is like a scrum. Now really the poor must be hiding somewhere because generally I have zero experience of people not having a few bob to spend. Certainly the majority of people seem to have at least something or maybe they are actually only poor through choice due to poor lifestyle choices.

The truth is the poor have always been poor, they haven't got poorer or richer because they have always been poor and always will be. Taking yourself out of poverty is a very simple exercise though which takes effort and time. If you talk in the sense of people on the worst estates in the country who do not work etc well that is just it, the key to helping them is to get them into work no matter what it is. Now someone like Corbyn responds to that by saying they are temporary positions or whatever but so what, it is employment and it pays you more than the dole does.

Other than handing out money for people to do jack which encourages not doing the above, what can we do?

 

[kevin horlocks wand]

that's why austerity has been disastrous. Money has been taken from the poor who spend 100% of it and most on the local economy. It's been given to the rich who spend it on luxury imports or don't spend it at all.

You should write a new economic text mate.

The success of a nations wealth and economy is based on massively increasing the dole and housing benefit handed out to poor people because they spend it in their local Aldi and Greggs.

Give it a few years and God damm it we will all be rich and the roads nhs, armed forces, schools will all be rebuilt and be brilliant as well.

First question how do we pay for this?

 

[hilts]

You should write a new economic text mate.

The success of a nations wealth and economy is based on massively increasing the dole and housing benefit handed out to poor people because they spend it in their local Aldi and Greggs.

Give it a few years and God damm it we will all be rich and the roads nhs, armed forces, schools will all be rebuilt and be brilliant as well.

First question how do we pay for this?

Bankers bonuses is the usual reply, it would pay for everything including Jeremy and Johns xmas balaclava combo set with happy Hamas wrapping paper

 

[The perfect fumble]

Happy days! The good news just keeps coming....



UK living standards squeeze 'will be worse than after global crash'

https://www.theguardian.com/politic...squeeze-will-be-worse-than-after-global-crash

 

[The Pink Panther]

We are fucked whether we stayed in the EU or didn't. There's an economic crash on the horizon and I believe that we're better on our own than in the EU

I liken it to the titanic after it hit the iceberg
The EU is the Titanic and we're first off in our life raft in bumpy waters looking back at the ship which is listing a bit and thinking to ourselves that we should have stayed onboard

 

[law74]

Perhaps if the government looked at increasing the revenue it received as well as what was being spent, we could find it easier to tackle the deficit.

 

[The perfect fumble]

We are fucked whether we stayed in the EU or didn't. There's an economic crash on the horizon and I believe that we're better on our own than in the EU

I liken it to the titanic after it hit the iceberg
The EU is the Titanic and we're first off in our life raft in bumpy waters looking back at the ship which is listing a bit and thinking to ourselves that we should have stayed onboard

If you find comfort in your fantasy have at it, just don't insist we join you.