Archive for the ‘tax’ Category
Posted by michael on June 23, 2010
Listening to Alistair Darling one would not realise that he had been the Chancellor of the Exchequer for a Labour government that brought the UK economy to its knees, leaving us all with massive debts for a generation!
Instead he talks as though knows what the current government should be doing!
I know what his record as Chancellor was. Spending money that the UK did not have! Borrowing more and more money to keep going!
They blamed the ‘global’ recession and ignored the fact that the UK suffered badly from the recession because Labour changed the way that the financial industry was regulated. The controls that would have prevented so much damage to the UK economy were no longer in place!
But my main criticism of the Brown/Darling Labour government is that they just kept borrowing money to keep the economy going.
It was clearly more important to them that they stayed in power even if it meant that the people of the UK were saddled with debts for the next twenty years!
They kept themselves in power at the expense of us all.
Subsequently I am not interested in the opinions of Darling, Brown or any of the Labour ministers on what the Conservatives and Lib Dems are doing!
In fact it would concern me if Brown or Darling agreed with the way the ConLib coalition were working to fix the UK economy from the consequences of 13 years of New Labour government!
Posted in Blogroll, ConLib, Conservatives, Lib Dems, UK Economy, credit crunch, debt, economy, financial, labour, recession, tax | Tagged: borrowing, cost of living, economy, new labour, recession, tax increases, UK Economy, gordon brown, david cameron | Leave a Comment »
Posted by michael on June 7, 2010
There are still Labour supporters saying that we must maintain the same level of spending on public services!!
These dinosaurs of economic thinking do not seem to understand that the UK simply does not have the money to spend on these high levels of public sector jobs and services.
All public sector jobs are paid for through the taxes of everyone in the UK.
Both Darling and ‘call me prudent Brown’ simply borrowed the money to pay for their public sector improvements. Anyone who thinks that this practice could go on and on is not being sensible!
How Labour thought that they could get away with it is staggering! It was always going to end in a financial crash and/or the IMF coming in to run the economy (as has happened before with Labour in power!)
Labour, new or otherwise, have shown themselves to be unfit for government, especially whilst they have ministers from the Brown government in the Labour party!
There are even Labour supporters still saying that we must maintain the same level of spending on public services!!
These dinosaurs of economic thinking do not seem to understand that the UK simply does not have the money any more to spend on these high levels of public sector jobs and services.
All public sector jobs are paid for through the taxes of everyone in the UK. Both Darling and ‘call me prudent Brown’ simply borrowed the money to pay for their public sector improvements.
Anyone who thinks that this practice could go on and on is not being sensible! How Labour thought that they could get away with it is staggering!
It was always going to end in a financial crash and/or the IMF coming in to run the economy (as has happened before with Labour in power!)
Labour, new or otherwise, have shown themselves to be unfit for government, especially whilst they have ministers from the Brown government in the Labour party!
Posted in Blogroll, ConLib, Conservatives, Lib Dems, UK Economy, benefits, council tax, credit crunch, debt, economy, financial, labour, national health service, nhs, tax | Leave a Comment »
Posted by michael on May 17, 2010
We are beginning to get the true state of the UK economy revealed to us. What is being revealed in the public domain shows that the Labour government have been misleading us on the true state of the UK economy.
Can anybody really now doubt that Gordon Brown has been the worst Prime Minister that the UK has had in modern times? Yet Gordon Brown has a reputation for ‘economic prudence’ and competence as the chancellor and then the unelected Prime Minister.
How did he manage to fool so many people for so long? The awful financial state of the UK economy did not happen overnight or suddenly occur in the last few months!
During the election campaign New Labour and Brown campaigned on the basis of Brown’s prudence and reputation in managing the economy!!!
Nearly all of us are going to go through difficult times with our finances and with cuts in services because of the lousy New Labour government that we have had for the last 14 years!
Posted in Blogroll, ConLib, Conservatives, Lib Dems, UK Economy, credit crunch, debt, economy, financial, labour, national health service, tax | Tagged: conservative, credit crunch, david cameron, debt, economy, gordon brown, government, greedy, recession, UK Economy | Leave a Comment »
Posted by michael on May 17, 2010
I have banged on and on about the state of the UK economy and the financial problems ahead for all of the taxpayers (in particular) and those needing health services etc.
The new government have now had a chance to look at the UK accounts. We are getting hints as to what they are finding!
Cameron said on Sunday that that an audit of the government’s books had already found some “crazy” spending decisions!
Unfortunately these hints all point to a very bad time for the people of the UK.
A BBC report includes the following quotes:
Mr Osborne said Labour’s economic forecasts had mostly been wrong and “almost always in the wrong direction“.
Liberal Democrat David Laws, the Chief Secretary to the Treasury, said the task ahead was “colossal” and that Labour had left the public finances in an “unacceptable” state.
Mr Laws said his predecessor, Liam Byrne, had left him a letter saying simply: “ Dear chief secretary, There’s no money left. “
So what can we make of this? Our level of borrowing is massive. Huge amounts of debt is not even counted as UK debt, because it has been included in the PFI debt levels. This includes the money borrowed to pay for the schools and hospitals. Other debts, also not included in the national debt, include the modernising of the UK trains.
Can the UK afford to repay all this debt when the UK is in such a financial mess? If not we could go the way of Greece!
Yet some of these same New Labour MPs are vying for the leadership of the Labour party!
Posted in Blogroll, ConLib, Conservatives, UK Economy, benefits, credit crunch, debt, national health service, recession, tax | Leave a Comment »
Posted by michael on May 12, 2010
We effectively have a coalition government now.
It means that the two parties need to make some compromises of their policies to avoid friction. But that happens anyway within a single government!!
The Conservatives have a left and a right wing which have to work together.
New Labour have Blairites and Brownites who have to work together!
So the idea of rifts and splits with the government is no more than happens in every government!
But I also see this as an equivalent to the war-time coalition government of 1945. We have serious financial problems with the UK close to bankruptcy and the risk of the IMF coming in to run the UK.
So, excluding Labour because they caused the problems by a lack of thrift and what I see as the worst government and the worst prime minister in modern times, the coalition of the Conservatives and the Libdems will be more than competent in resolving the financial mess inherited from Brown!
Posted in Blogroll, Conservatives, Lib Dems, UK Economy, credit crunch, debt, economy, national health service, nhs, recession, tax, utility | Tagged: bankers, conservative, conservative government, credit crunch, david cameron, government, parliament, UK Economy | Leave a Comment »
Posted by michael on May 12, 2010
I have NO sympathy with Brown and how he is going to cope now he has given up politics. Brown has left an awful mess for us all to suffer and pay for over the years to come.
Brown is not going to struggle to pay his bills but the consequences of his term in power is that millions of people are going be in financial difficulties with extra taxes, extra charges, unemployment and a lower standard of living.
The population of the UK are going to change their views of Brown, Blair and New Labour once the consequences of this failed government start to effect them.
Posted in Blogroll, Conservatives, Lib Dems, UK Economy, benefits, credit crunch, debt, election, financial, health, recession, tax | Tagged: conservative, cost of living, credit crunch, david cameron, debt, government, labour, recession, repossession, tax increases, UK Economy | Leave a Comment »
Posted by michael on May 8, 2010
Of course the Liberals want electoral reform. They are a small political party without that much support in the UK.
They have a reasonable amount of support but not as much as the two main parties. So why do they want political power which exceeds the size of the party itself?
The political power is in the two larger parties and, strangely enough, there are many, many more citizens of the UK who are members and/or supporters of the two larger parties.
I am concerned that many people are now proclaiming the praises of the LibDems, just because they are comparing the TV performances of three individuals.
An idiot savant could stand up neatly dressed in front of a TV audience and say exactly the right things and come over as a pleasant human being and end up being elected to run the country. Is this what we want? To measure potential prime ministers by their abilities to perform on TV and to select them on that basis?
Posted in Blogroll, Conservatives, Lib Dems, UK Economy, credit crunch, labour, national health service, nhs, recession, tax | Tagged: credit crunch, david cameron, debt, economy, gordon brown, nhs, recession, repossession, UK Economy | Leave a Comment »
Posted by michael on May 8, 2010
Gordon Brown – power at any cost!! He has lost the election but is not man enough to resign.
He must be able to see the damage that New Labour have done to the UK over the last 14 years.
I have no doubt that Brown is the worst leader that the UK has had in modern times.
Brown has a reputation of being ‘strong on the economy’. Where did this come from? Why does anyone believe it?
Brown started power with the Golden Inheritance from the last Conservative government and has turned a strong UK economy into a basket case in 14 years!
The UK economy now has huge debts which are going to take years to pay off. We are all going to heavily taxed in everything we do or buy. We have years of austerity ahead of us. Our economy is being mentioned in the same sentences as Greece (and not as an example of what a good economy should be).’
Brown is ‘capable of managing our economy’ – no, Brown has proven that he is not able to manage the UK economy. The proof is all around you!!!
Posted in Blogroll, Conservatives, UK Economy, credit crunch, debt, financial, labour, national health service, nhs, recession, tax | Tagged: borrowing, brown, conservative, cost of living, credit crunch, david cameron, debt, election, gordon brown, repossession, UK Economy | Leave a Comment »
Posted by michael on May 5, 2010
This is what Gordon Brown has refused to tell people. The perilous state of the UK economy has been ignored by Gordon Brown during this election. Yet it is probably the most important topic of the whole election.
Gordon Brown has hidden the true state of the UK economy from us.
New figures from the European Commission revealed today that the UK budget deficit will outstrip any country in the EU this year – including Greece.
European Commissioner Olli Rehn warned that the UK’s ‘very high’ public debt presents ‘by far the first and foremost challenge’ to the winner of tomorrow’s general election.
We are prime candidates to go the same way as Greece and need to be bailed out by the IMF.
This is why Labour do not deserve to get back into power!!
Posted in Blogroll, UK Economy, benefits, credit crunch, debt, economy, financial, labour, nhs, recession, tax, utility | Tagged: bankers, borrowing, credit crunch, debt, economy, election, families, gordon brown, government, recession, repossession, tax increases, UK Economy | Leave a Comment »
Posted by michael on May 5, 2010
It has been an interesting pre-election period.
I think that the Gordon Brown and New labour campaigning has been quite shameful and cynical.
The insistence of campaigning by scare tactics intended to worry the vulnerable and the elderly will be how history records the New Labour campaign.
There has been a lot of this negative campaigning from New Labour. Even Gordon Brown has been telling people what the Conservatives are going to do rather than being focused on what New Labour propose!
The Libdems have participated in the campaign much more than normal. There is still the risk that they will be squeezed out by the two main parties, except possibly in marginal seats where tactical voting would seem to be going to take place! It would be good if they replaced New Labour forever as the second party in the UK.
I believe that the UK is in a critical point in its history. The UK is so seriously in debt that we have to get this under control very fast. It is not just the published debt figures. Most of the new schools and hospitals have been built on debt that is accumulated in the Private Finance Initiate (PFI). The PFI debt includes a lot of debt from various sources and is not included in the UK official debt figures.
New Labour took the Golden Inheritance from the last Conservative government and turned it into a recession with the UK so saddled with debts that we will all be paying back the debts for many years to come.
We will all be taxed very heavily to screw more money out of us. We will all have to pay higher prices for everything we buy, including electricity and gas!
The UK is at risk of going the same way as Greece, with our debt getting junk status.
New Labour, that mostly means Gordon Brown, has caused the banking crisis (Brown took away controls on the banks which led to the credit crunch and recession) and has brought the UK to the brink of bankruptcy.
I haven’t even mentioned the wars in Iran and Afghanistan which we should not be involved in!
Labour have failed us, they do not deserve to be in power again.
Posted in Blogroll, Euopean Union, UK Economy, afghanistan, credit crunch, crime, financial, immigration, iraq, labour, national health service, nhs, recession, tax, war | Tagged: afghanistan, bankers, credit crunch, debt, government, greedy, labour, new labour, nhs, parliament, repossession, tax increases, UK Economy, war | 1 Comment »
