alex3659 Posted October 21, 2010 Author Share Posted October 21, 2010 Where will the money come from to pay the exta half a million dole applicants and their families?. Link to comment Share on other sites More sharing options...
sheffgrow Posted October 21, 2010 Share Posted October 21, 2010 Do it over, say, 7 years rather than four. Why do you think that the Cons/Libs want to do it more quickly. The answer... because they want a job after the next election! I voted UKIP by the way! these cuts arent going to get rid of the debt in 4 years time only get it down a bit so its not like they are cutting everything to abolish the debt as all the while with interest it is going up, it is all labours fault spending more than you have coming in doesnt make sense, if britain was a business it would be bankrupt Link to comment Share on other sites More sharing options...
staninoodle Posted October 21, 2010 Share Posted October 21, 2010 seeing as the majority of voters voted cons,its pretty nailed on that some have voted for thier own unemployment,and thier were MANY middle income families that voted them in,and thier the biggest losers moneywise in this budget. of course we all knew thered be cuts comming,all the partys were agreed on this,what remains to be seen is if they have the desired effect,and how our econonmy reacts. s yorks is more heavily reliant on public sector employment than say the south east,so this will hit this region hard, and we will likely see the return of the north / south devide again,the notion that private sector jobs will take up the slack in this region seems fancyfull,and its more likely wel lose MORE private sector jobs. dark days indeed Link to comment Share on other sites More sharing options...
Joe9T Posted October 21, 2010 Share Posted October 21, 2010 But the interest will still be piling up for all those 7 years...I'm not saying your wrong but how will delaying this make it any better when it finally comes? Doing it over, say, 7 years would be less harsh and the risk of another recession reduced. It could well be far worse financially to do it too quickly! Link to comment Share on other sites More sharing options...
truman Posted October 21, 2010 Share Posted October 21, 2010 Where will the money come from to pay the exta half a million dole applicants and their families?. Well,from a purely blunt economic view..if a person is earning 10's of thousands in a public sector job then the gov. will be saving money by losing them and only having to pay JSA...not saying I agree with it but that's the economics surely? Link to comment Share on other sites More sharing options...
truman Posted October 21, 2010 Share Posted October 21, 2010 Doing it over, say, 7 years would be less harsh and the risk of another recession reduced. It could well be far worse financially to do it too quickly! But you'll still have more to pay off at the end...? Link to comment Share on other sites More sharing options...
truman Posted October 21, 2010 Share Posted October 21, 2010 How about you Alex..how are you affected? Link to comment Share on other sites More sharing options...
Joe9T Posted October 21, 2010 Share Posted October 21, 2010 What I'd like to know is, where is all the interest on our debt being paid to? Whoever it is they must be laughing! Link to comment Share on other sites More sharing options...
alex3659 Posted October 21, 2010 Author Share Posted October 21, 2010 Well,from a purely blunt economic view..if a person is earning 10's of thousands in a public sector job then the gov. will be saving money by losing them and only having to pay JSA...not saying I agree with it but that's the economics surely? A lot of these people will not be earning a lot more than their benefits after claiming for mortgage, kids, free school meals etc etc. I see what you mean though. Link to comment Share on other sites More sharing options...
Cynic Posted October 21, 2010 Share Posted October 21, 2010 Where will the money come from to pay the exta half a million dole applicants and their families?. I assume they have included this in their calculations. It would be silly of them not too. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.