larus
Well-known member
Every Labour administration has been kicked out because it f***ed up the economy.
Even allowing for the huge amount of debts which is not included in the 'public debt' figures (PFI), we are going to be well buggered in a few years. When taxes go up and public services get cut (which, dumbnuts, they are going to have to, under which ever party wins the next general election), it's going to seriously bugger growth, as everything which can be taxed, will be taxed.
GB has been a lucky and lying chancellor. He was lucky that he inherited sound public finances from the Tories last time round. Ken Clarke was forecasting a huge surplus on the public finances which proved to be correct. GB has wasted all that, plus the tax on the utilities, tax on Pension funds (which has totally f***ed a lot of people up for their retirement), the 3G licenses, etc,etc. He said about investing only if the country can afford it, a budget balanced over the business cycle, but he kept changing the rules and announcing the same spending figures in each budget as if they were new amounts of money.
If you think he's done a good job, please explain what else he needed to screw up before you would say he's done a bad job.
Jeez.
Even allowing for the huge amount of debts which is not included in the 'public debt' figures (PFI), we are going to be well buggered in a few years. When taxes go up and public services get cut (which, dumbnuts, they are going to have to, under which ever party wins the next general election), it's going to seriously bugger growth, as everything which can be taxed, will be taxed.
GB has been a lucky and lying chancellor. He was lucky that he inherited sound public finances from the Tories last time round. Ken Clarke was forecasting a huge surplus on the public finances which proved to be correct. GB has wasted all that, plus the tax on the utilities, tax on Pension funds (which has totally f***ed a lot of people up for their retirement), the 3G licenses, etc,etc. He said about investing only if the country can afford it, a budget balanced over the business cycle, but he kept changing the rules and announcing the same spending figures in each budget as if they were new amounts of money.
If you think he's done a good job, please explain what else he needed to screw up before you would say he's done a bad job.
Jeez.