erebus Posted October 21, 2012 Share Posted October 21, 2012 How long, and what might be the results of the introduction of Austerity, Cuts, Inflation and what might the results be? Link to comment Share on other sites More sharing options...
ricgem2002 Posted October 21, 2012 Share Posted October 21, 2012 How long, and what might be the results of the introduction of Austerity, Cuts, Inflation and what might the results be? you seriously have to ask , look around you and open your eyes Link to comment Share on other sites More sharing options...
Vague_Boy Posted October 21, 2012 Share Posted October 21, 2012 How long, and what might be the results of the introduction of Austerity, Cuts, Inflation and what might the results be? So far Boy George has merely followed the plan of cuts outlined by Captain Darling at the last election. Alistair Darling: we will cut deeper than Margaret Thatcher Thinktank warns of 'two parliaments of pain' with spending slashed by 25% to repair black hole in finances Alistair Darling admitted tonight that Labour's planned cuts in public spending will be "deeper and tougher" than Margaret Thatcher's in the 1980s, as the country's leading experts on tax and spending warned that Britain faces "two parliaments of pain" to repair the black hole in the state's finances. The Institute for Fiscal Studies said hefty tax rises and Whitehall spending cuts of 25% were in prospect during the six-year squeeze lasting until 2017 that would follow the chancellor's "treading water" budget yesterday. Asked by the BBC tonight how his plans compared with Thatcher's attempts to slim the size of the state, Darling replied: "They will be deeper and tougher – where we make the precise comparison I think is secondary to an acknowledgement that these reductions will be tough." LINK Or had you "forgotten" about that? (Honestly, memories like stunned goldfish. ) "repair the black hole in the state's finances" And just who had been in power for the past 13 years? Remember, there was no budget deficit in 1998, we actually had a small surplus [LINK] (Please don't confuse "deficit" with "debt" as many on here seem to.) And don't blame it all on the banking crisis either, Gertrude McPrudence was running a record deficit in 2006 [LINK] you seriously have to ask , look around you and open your eyes What "cuts"? What "austerity"? UK deficit widens to August record [september 21, 2012] So we're borrowing (and spending) more than ever. And even with £375 billion of money created out of thin air (QE) as well as borrowing an average of £14 billion every month.... ....we still can't pay our bills! This country is so fooked! Link to comment Share on other sites More sharing options...
Conrod Posted October 21, 2012 Share Posted October 21, 2012 The biggest money pit is benefits. Cut those hard, replace cash payments with basic vouchers for food and domestic services, and we'll be on the right track. Link to comment Share on other sites More sharing options...
AWOL Posted October 21, 2012 Share Posted October 21, 2012 The biggest money pit is the idle rich. The landed gentry have not earned their wealth but still use mummy and daddy money to control. Forcibly seize their assets and use them for the common good. HEY PRESTO....the rich have got us out of the mess that TTTTHHHHEEEEYYYY got us into! It is called justice. Link to comment Share on other sites More sharing options...
I1L2T3 Posted October 21, 2012 Share Posted October 21, 2012 The biggest money pit is benefits. Cut those hard, replace cash payments with basic vouchers for food and domestic services, and we'll be on the right track. Because you keep saying this it doesn't make it true. The biggest benefit spend is on tax credits and housing benefits, i.e. on topping up income for working people. http://www.bbc.co.uk/news/uk-politics-11466178 Link to comment Share on other sites More sharing options...
AWOL Posted October 21, 2012 Share Posted October 21, 2012 Because you keep saying this it doesn't make it true. The biggest benefit spend is on tax credits and housing benefits, i.e. on topping up income for working people. http://www.bbc.co.uk/news/uk-politics-11466178 You think that conrod is an idiot, I can tell. Many others think that also. He cannot help being senile you know! Link to comment Share on other sites More sharing options...
LeMaquis Posted October 21, 2012 Share Posted October 21, 2012 The biggest money pit is benefits. Wrong. http://www.ukpublicspending.co.uk/breakdown shows that the NHS and pensions cost more. As a post above pointed out, benefits covers all kinds of things - income substitution, rent, council tax, tax credits, etc. Only a small proportion is income substitution and people have paid in for those just as they have paid in for a pension. Churchill never did as you suggested so if it was good enough for him.... Link to comment Share on other sites More sharing options...
mikem8634 Posted October 21, 2012 Share Posted October 21, 2012 The biggest money pit is benefits. Cut those hard, replace cash payments with basic vouchers for food and domestic services, and we'll be on the right track. I'll never understand why some scapegoat those who have the least. Link to comment Share on other sites More sharing options...
I1L2T3 Posted October 21, 2012 Share Posted October 21, 2012 You think that conrod is an idiot, I can tell. Many others think that also. He cannot help being senile you know! No, I don't think conrod is an idiot. I don't agree with some of what conrod posts, no more than that. Link to comment Share on other sites More sharing options...
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