Posts Tagged ‘tax increases’
Our union leaders want it all!
Posted by michael on September 12, 2010
Posted in Blogroll, labour, recession, UK Economy | Tagged: debt, labour, recession, tax increases, UK Economy, union leaders | Leave a Comment »
blair and his memoirs
Posted by michael on September 1, 2010
Posted in Blogroll, election, UK Economy, Uncategorized | Tagged: borrowing, debt, labour, recession, tax increases, war | Leave a Comment »
Labour stayed in power at the expense of the UK population
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, credit crunch, debt, economy, financial, labour, Lib Dems, recession, tax, UK Economy, Uncategorized | Tagged: borrowing, cost of living, david cameron, economy, gordon brown, new labour, recession, tax increases, UK Economy | Leave a Comment »
the Budget
Posted by michael on June 22, 2010
How could the Labour reply to the coalition budget not include any acknowledgement that their term in government was the cause of the budget that they are attacking?
Labour cannot claim that the crisis was caused by the banks system failures. If Labour had proper controls in place the banks would not have got into the mess that they did.
How could the Labour reply not include any acknowledgement that their term in government was the cause of the budget that they are attacking?
Labour cannot even claim that the crisis was caused by the banks system failures. If Labour had proper controls in place the banks would not have got into the mess that they did. Labour don’t have a right to complain about the new government fixing the economic mess that Labour made when they were in power.
Posted in Blogroll, ConLib, Conservatives, economy, recession, UK Economy, Uncategorized | Tagged: conservative, cost of living, credit crunch, david cameron, debt, economy, household, recession, tax increases, UK Economy | Leave a Comment »
All the ministers from the discredited New Labour government are tainted with its failure!
Posted by michael on May 16, 2010
It is my view that none of the ministers from the last failed Labour government are fit to be the leader of the Labour party!
They are all responsible for being part of what has probably been the worst Labour government of modern times.
Brown and Darling will take more of the blame and responsibility by virtue of their positions in the government.
But all the senior ministers have been part of a government which has almost bankrupted the UK, taken us to unnecessary wars and brought our economy to its knees.
What short memories they have!!
How can any of these people have any credibility with any financial policies that they may want to promote.
They are all already tainted with a message of financial failure and will carry this message of failure for the rest of their lives!
Posted in afghanistan, Blogroll, credit crunch, crime, debt, economy, financial, iraq, labour, military, national health service, nhs, recession, UK Economy, Uncategorized, utility, war | Tagged: banks, borrowing, cost of living, credit crunch, debt, economy, election, government, recession, repossession, tax increases, UK Economy | Leave a Comment »
Does Brown deserve any sympathy for being removed from power?
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.
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 benefits, Blogroll, Conservatives, credit crunch, debt, election, financial, health, Lib Dems, recession, tax, UK Economy, Uncategorized | Tagged: conservative, cost of living, credit crunch, david cameron, debt, government, labour, recession, repossession, tax increases, UK Economy | Leave a Comment »
The Conservatives now inherit a total financial mess!
Posted by michael on May 11, 2010
At last, I have waited a long time for this!
One thing for sure, I was not wrong about my not wanting a Labour government over the last 14 years! It was always going to be a disaster, the only difference this time is that it has taken longer than normal for New Labour to collapse!
I have always known that this government would end in a financial crisis with serious consequences for the people, because that is what Labour governments do!
Our debt levels are massive. People will be very shocked when they see the extent of our indebtedness and the consequences that it will have on them.
Brown kept us ignorant of the state of the economy during the election period. Why? If there was any good news about our economy don’t you think that it would be exploited during the election campaign?
This policy prevented the opposition to give us their detailed plans, but it also hid the state of the UK economy during the election!
I trust that the Conservatives will give us a full statement about the economy as soon as possible, because they won’t want to be blamed for the huge debts that Brown has incurred in our name! But it is a balancing act because it could unsettle the financial markets.
Cameron will find it difficult increasing taxes and raising extra money from us all unless people understand that this is needed to repay debts incurred by Brown and New Labour!
Yes we have more new schools and hospitals now. But the country needs to know if we have actually paid for them already or are we going to have to pay for them out of increased taxes for years to come in the future?
Blair and Brown took over running the country 14 years ago. They started with the ‘Golden Inheritance’ from the last Conservative government. Until the Credit Crunch (Oh why did Brown change the banking regulations which resulted in us suffering so much from the Credit Crunch!!!) the UK was doing well.
Since the Credit Crunch all this government seem to have done is to increase our indebtedness, even to the extent of giving money away to other countries!
We now seem to have a Conservative government about to take over. They have to deal with a real mess. We will suffer financial pain as a result. But don’t blame the Conservatives who are sorting it out. Blame the Blair, Brown and Darling for their inept management of the economy which has dumped us with all this debt!
Posted in Blogroll, Conservatives, council tax, credit crunch, debt, election, financial, labour, Lib Dems, recession, UK Economy, Uncategorized | Tagged: bankers, conservative, credit crunch, david cameron, debt, economy, election, gordon brown, government, labour, recession, tax increases, UK Economy | Leave a Comment »
UK’s ‘very high’ public debt presents ‘challenge’ to the EU
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.
Posted in benefits, Blogroll, credit crunch, debt, economy, financial, labour, nhs, recession, tax, UK Economy, Uncategorized, utility | Tagged: bankers, borrowing, credit crunch, debt, economy, election, families, gordon brown, government, recession, repossession, tax increases, UK Economy | Leave a Comment »
Nearly time to vote!
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 afghanistan, Blogroll, credit crunch, crime, Euopean Union, financial, immigration, iraq, labour, national health service, nhs, recession, tax, UK Economy, Uncategorized, war | Tagged: afghanistan, bankers, credit crunch, debt, government, greedy, labour, new labour, nhs, parliament, repossession, tax increases, UK Economy, war | 1 Comment »
Boom towns transformed into benefit blackspots
Posted by michael on May 3, 2010
What an economic mess has been made by this Labour government!
It does not surprise me that white-collar ‘boom’ towns in the South have been turned to benefit blackspots under this lousy government.
These towns are truly representative of the way that Brown and Labour have managed the UK economy. They have brought us to the brink of bankruptcy!
It may even be too late to avoid the IMF taking over the running the UK economy.
It looks like Labour are going to be punished by the electorate for their appalling management of the UK. I don’t want people blaming all politicians in general for the mess that Brown, Blair and Labour have made of the UK! The fault is with Labour and it is Labour that should be punished!
Posted in Blogroll, credit crunch, crime, debt, Euopean Union, financial, labour, national health service, nhs, recession, UK Economy, Uncategorized | Tagged: conservative, cost of living, david cameron, debt, economy, gordon brown, government, recession, repossession, tax increases, UK Economy | Leave a Comment »