I1L2T3 Posted September 22, 2012 Share Posted September 22, 2012 http://www.telegraph.co.uk/finance/economics/9557329/UK-borrowing-running-more-that-25pc-over-target.html Deficit 25% over target Benefit spend increasing Government spending increasing Income tax receipts falling Corporation tax receipts falling Unemployment stubbornly high A deep recession Increasing news of mass job losses Did Osborne ever really have a plan A? Link to comment Share on other sites More sharing options...
SevenRivers Posted September 22, 2012 Share Posted September 22, 2012 It would be much higher without the cuts. Carry on George. Link to comment Share on other sites More sharing options...
kidley Posted September 22, 2012 Share Posted September 22, 2012 It would be much higher without the cuts. Carry on George. Well what a mess this government is in then Link to comment Share on other sites More sharing options...
LeMaquis Posted September 22, 2012 Share Posted September 22, 2012 Deficit 25% over target Benefit spend increasing Government spending increasing Income tax receipts falling Corporation tax receipts falling Unemployment stubbornly high A deep recession Increasing news of mass job losses It would be much higher without the cuts. Carry on George. The reason that spending on benefits is up, that government spending is up, that tax receipts are down, that unemployment is up and that we're into another recession is because of the cuts. Cuts mean more people on the dole, fewer people paying income tax, etc. Some people really have to have it spelt out to them. Link to comment Share on other sites More sharing options...
SevenRivers Posted September 22, 2012 Share Posted September 22, 2012 The reason that spending on benefits is up, that government spending is up, that tax receipts are down, that unemployment is up and that we're into another recession is because of the cuts. Cuts mean more people on the dole, fewer people paying income tax, etc. Some people really have to have it spelt out to them. It seems they do. Cuts mean public sector job losses and unemployment goes up. If they're made redundant and no longer paying income tax out of their taxpayer funded salaries, paying them dole money is cheaper than paying them a full salary. Link to comment Share on other sites More sharing options...
kidley Posted September 22, 2012 Share Posted September 22, 2012 They was told and told again it wouldnt work, they think if you cut-cut-cut things will stop as they are, and they still believe they are doing the right thing, time will tell. Link to comment Share on other sites More sharing options...
ricgem2002 Posted September 22, 2012 Share Posted September 22, 2012 It would be much higher without the cuts. Carry on George. yes carry on george making the less well off pay for the rich:loopy: well done :hihi: Link to comment Share on other sites More sharing options...
Deltic Posted September 22, 2012 Share Posted September 22, 2012 It seems they do. Cuts mean public sector job losses and unemployment goes up. If they're made redundant and no longer paying income tax out of their taxpayer funded salaries, paying them dole money is cheaper than paying them a full salary. Just to satisfy my curiosity; what was the currency circulation multiplier you used in coming to this conclusion? Link to comment Share on other sites More sharing options...
Anna Glypta Posted September 22, 2012 Share Posted September 22, 2012 The reason that spending on benefits is up, that government spending is up, that tax receipts are down, that unemployment is up and that we're into another recession is because of the cuts. Cuts mean more people on the dole, fewer people paying income tax, etc. Some people really have to have it spelt out to them. But unemployment is coming down. http://www.bbc.co.uk/news/business-19569316 The number of people out of work fell by 7,000 to 2.59 million in the three months to July, compared with the previous three month period. http://www.bbc.co.uk/news/business-17752753 Unemployment fell by 35,000 to 2.65 million over the December-to-February period, Link to comment Share on other sites More sharing options...
MrSmith Posted September 22, 2012 Share Posted September 22, 2012 http://www.telegraph.co.uk/finance/economics/9557329/UK-borrowing-running-more-that-25pc-over-target.html Deficit 25% over target Benefit spend increasing Government spending increasing Income tax receipts falling Corporation tax receipts falling Unemployment stubbornly high A deep recession Increasing news of mass job losses Did Osborne ever really have a plan A? There are now more employed people than ever before, so our population must be rising faster than the creation of jobs, and our population increase is down to more people moving to the UK than leaving, get that under control and the figures will look much better. Labour Market Statistics August 2009 The employment rate was 72.7 per cent and there were 28.93 million employed people. November 2009 The employment rate was 72.4 per cent and there were 28.92 million employed people. June 2010 The employment rate was 72.1 per cent and there were 28.86 million employed people. August 2010: The employment rate was 70.7 per cent and there were 29.16 million employed people. August 2011 The employment rate was 70.7 per cent and there were 29.27 million employed people. August 2012 The employment rate was 71.0 per cent, up 0.4 on the quarter. There were 29.48 million people in employment, up 201,000 on the quarter. http://www.ons.gov.uk Link to comment Share on other sites More sharing options...
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