Gormless Gideons future in freefall.

[Simster]

The difficulty for the opposition is that it was their economic policies under Brown and Balls that messed everything up. Balls is still there so it's dfficult for them to dump the policies that got us into the mess, although they do, at least, admit they "made some mistakes". The biggest one was letting Brown and Balls anywhere near the country's finances.

Brown and Balls blah blah blah. Look, Osborne is being judged based on the cards he was dealt. He inherited a difficult situation for sure, but has handled the problem APPALLINGLY. He is an absolute disaster. Brown was nowhere near as bad a chancellor as Gideon, he was just a shit Prime Minister. (And yes, I say that even with his gold firesale in mind)

 

[Kalimantan Gull]

The difficulty for the opposition is that it was their economic policies under Brown and Balls that messed everything up. Balls is still there so it's dfficult for them to dump the policies that got us into the mess, although they do, at least, admit they "made some mistakes". The biggest one was letting Brown and Balls anywhere near the country's finances.

but it was also their economic polices (led by darling) that was getting us back on the right track, before the current lot forceably derailed it.

But whatever, the voters have had their say, can we please just have a little bit of competence in the treasury. Some things are more important than party political spats, like getting food on the table and a roof over your head.

 

[beorhthelm]

Part of Osbornes master plan was to get rid of most of the public sector (you know the pointless ones; nurses, the police, the armed forces etc)

i think you'll find the plan was to get rid of the monumental costs involved in the running of the public sector. yes some jobs would go, the focus being on the legions of office based administrators that self generate "work". of course, it suits you to point to a few % loses (or none) in favored, high profile vocations. wasnt its also the case that at first it was working with more jobs being created than being lost? yes it was, again, dont let that detract.

what makes Oborne bad is he hasnt actually done anything for supply side, theres been no bonfire of quangos/redtape, little traction on pension reform and so on. like when as a shadow chancellor he advocated a flat tax he dropped that idea as soon as people objected, he hasnt got any balls to follow through on any policy. the only one he sticks to is his half baked cuts, which isnt directed as originaly intended. in summary, he's bad because he's crap.

 

[Uncle Spielberg]

I'm no Osborne lover (are there any) but I would just say that if the spending cuts hadn't been made, the UK's AAA rating would have been taken away years ago, meaning higher Interest Rates.

If you think things are bad now, what would it have been like if we were all paying 7-8% interest rates on our Mortgages?

Its all relative when rates were 7-8% so were wage increases. The fact some people are paying nearly 5% and have no wage increases for 3 years means they are significantly worse off.

 

[Mellor 3 Ward 4]

Its all relative when rates were 7-8% so were wage increases. The fact some people are paying nearly 5% and have no wage increases for 3 years means they are significantly worse off.

Sure, my point was that Interest Rates would easily have gone up to 7-8% AND the situation with Salaries would have been the same (ie no increases)

 

[Tubby Mondays]

i think you'll find the plan was to get rid of the monumental costs involved in the running of the public sector. yes some jobs would go, the focus being on the legions of office based administrators that self generate "work". of course, it suits you to point to a few % loses (or none) in favored, high profile vocations. wasnt its also the case that at first it was working with more jobs being created than being lost? yes it was, again, dont let that detract.

what makes Oborne bad is he hasnt actually done anything for supply side, theres been no bonfire of quangos/redtape, little traction on pension reform and so on. like when as a shadow chancellor he advocated a flat tax he dropped that idea as soon as people objected, he hasnt got any balls to follow through on any policy. the only one he sticks to is his half baked cuts, which isnt directed as originaly intended. in summary, he's bad because he's crap.

I would hardly describe nurses as high profile, or of 'self generating' their own work or of being 'office based administrators' and there are 3,500 less working in the NHS than there were last year and 44% of those that remain want to leave. It is figures like that that that make him a shit chancellor.

No bonfire of the quangos? In October 2010 192 'quangos' were 'bonfired'! There has been 'no traction' on pension reform because its been proved as being plain unjusstified as the pension funds he wants to raid, are self supporting. It is facts like that that make him a shit chancellor.

 

[Uncle Spielberg]

Sure, my point was that Interest Rates would easily have gone up to 7-8% AND the situation with Salaries would have been the same (ie no increases)

Not with a dead economy they wouldn't have. Any interest rate anywhere in the world of less than 1% is a massive banner saying " this countries economy is f***ed " Japan's has been at or below 1% for 20 years now. We are heading the same way. All good and well for half a million or so people on lifetime tracker mortgages taken out before 2008 but for the rest of us long term interest rates like this are very bad news indeed as it means the patient is in a coma and on a life support machine which is basically the UK economy now. Osborne however is not providing any medicine or support and has infact decided to switch off the life support machine and let the patient die.

 

[Simster]

what makes Oborne bad is he hasnt actually done anything for supply side, theres been no bonfire of quangos/redtape, little traction on pension reform and so on. like when as a shadow chancellor he advocated a flat tax he dropped that idea as soon as people objected, he hasnt got any balls to follow through on any policy. the only one he sticks to is his half baked cuts, which isnt directed as originaly intended. in summary, he's bad because he's crap.

As an aside from cheap political point scoring, this is absolutely spot on. He's a gutless, clueless mong.

 

[ROSM]

I love the comments on here about how this Government have saved our credit rating.

There is no evidence (other than in the minds of the current residents of 10 and 11 Downing Street) that our rating was at risk at the last election. It was heavily stated in the election campaign but actually that almost created a self-fulfilling prophecy. Many experienced economists said at the time that the risk was heavily overstated - even our very own Sten Super has said that on many occasions here and he has no political leanings to Labour.

I would say however that our rating is very much at risk now given the stagnated economy, lack of growth/supply stimulus, policy confusion. How much of a problem is that though? the US lost theirs, so may Germany now. We would only be part of a trend rather than standing out like a sore thumb.

 

[Pavilionaire]

My problem with Osborne is that he is a Man Without A Plan. The numerous U-turns are testament to that.

And what is the Office For Tax Simplification doing all day? Where are the flat taxes, the merging of tax and NI? Where is the support for local Chambers Of Trade? Where is the pressure on banks to help small businesses?

I totally get the need to reduce government spending but I don't see any vision or any political balls. Nothing has really changed in 2 years, it's down to you and me to sort it out on a micro-level.

 

[glasfryn]

Brown and Balls blah blah blah. Look, Osborne is being judged based on the cards he was dealt. He inherited a difficult situation for sure, but has handled the problem APPALLINGLY. He is an absolute disaster. Brown was nowhere near as bad a chancellor as Gideon, he was just a shit Prime Minister. (And yes, I say that even with his gold firesale in mind)

absolutely right
osbourne is a smug little twit he once said about Labour (who can be just as bad at times) where did all the money go well some of went paying the yanks back for getting us out of the shite in world war ll (apparently) and then there are the banks I will never forgive Brown for not nationalising them when he had the chance they will only ever get support from this lot but are IMHO legalised thieves.
and fecking hell where are those 15% are they sitting at desks in some finantual institution .............as the avert says probably

 

[BLOCK F]

Brown crap,Balls crap,Osborne crap,Cameron crap.
None of them had/have any vision or inspirational qualities.
Currently a very poor standard of aspiring politicians in this country on both sides of the house and don't even start me on the LibDems...........Cable,surely the first Anti Business Secretary ever!
Looks like we are doomed for many years to come.

 

[Simster]

Brown crap,Balls crap,Osborne crap,Cameron crap.
None of them had/have any vision or inspirational qualities.
Currently a very poor standard of aspiring politicians in this country on both sides of the house and don't even start me on the LibDems...........Cable,surely the first Anti Business Secretary ever!
Looks like we are doomed for many years to come.

That just leaves Labour's former chancellor, Alistair Darling, as NOT crap. And your line on Vince Cable is laughable - he is angry at the banks. I wonder why?

Cable would have been a far better chancellor than Gideon. How do I know? Because he couldn't have been any worse.

 

[BLOCK F]

That just leaves Labour's former chancellor, Alistair Darling, as NOT crap. And your line on Vince Cable is laughable - he is angry at the banks. I wonder why?

Cable would have been a far better chancellor than Gideon. How do I know? Because he couldn't have been any worse.

Hmm well;I think A.D.was a decent enough fellow trying to do his job in difficult circumstances.i.e. Brown as his boss.
As for describing my opinion of Cable as laughable,I can only imagine the sun has proved too much for you Simmo............Have a cold drink when you get back to Reigate!

 

[Westdene Seagull]

That just leaves Labour's former chancellor, Alistair Darling, as NOT crap.

This will be the same Darling that before the election had already admitted that severe cuts would be required. Not surprisingly Brown, Balls & co shut him up. It didn't matter who the chancellor was going to be - they would have to increase taxes and cut spending drastically.

Ironically I think Darling would have made quite a decent chancellor given time. Osborne probably pips Brown to the bottom place but only just. Remember Brown claimed boom and bust was over ( how WRONG could someone be !!!! ), sold all our gold for knock down prices and raided private pension pots ( i.e. stole money from you and me meaning we'll all be poorer in old age DESPITE being told to save for our old age ).

 

[beorhthelm]

I would hardly describe nurses as high profile, or of 'self generating' their own work or of being 'office based administrators' .

ffs, i was saying precisely the opposite, that those worthwhile roles should be kept and the admin stuff go. as for pension reform it was a Labour commisioned report that made the recommendations. while some are funded, most the public sector pensions are unfunded and the state pensions isnt, and both will bankrupt us in 10-20 years time as things stand.

 

[seagullsovergrimsby]

No bonfire of the quangos? In October 2010 192 'quangos' were 'bonfired'!

The reality of the situation is the bonfire of the quangos will eventually cost the taxpayer £billions rather than achieving any cost savings. Many quangos were merged or subsumed into an appropriate Whitehall department. Others rebranded and now in the private sector. Quango bosses given £400k redundancy packages on a Friday and then starting an equivalent job on Monday in the same building. Thousands of employees on the gravy train claiming maximum expenses before being TUPE'd or given over generous redundancy payouts to reduce headcounts.

 

[Uh_huh_him]

At least Brown made a policy and kept to it. Does anything Osbourne put into a budget actually happen before he U-turns whilst we plummet to financial oblivion?

This

 

[Tubby Mondays]

ffs, i was saying precisely the opposite, that those worthwhile roles should be kept and the admin stuff go. as for pension reform it was a Labour commisioned report that made the recommendations. while some are funded, most the public sector pensions are unfunded and the state pensions isnt, and both will bankrupt us in 10-20 years time as things stand.

Yes get rid of the people that do admin. So for example the people that do nurses admin. Who does it then? The nurses. What are the nurses not doing if they are doing admin? Nursing. What would you feel if it was you or someone close to you lying in pain in their own shit? Youd say where are the nurses to help? Theyre filling out paperwork because you supported sacking them that used to do it, so wipe youre own arse its the big society.

 

[glasfryn]

ffs, i was saying precisely the opposite, that those worthwhile roles should be kept and the admin stuff go. as for pension reform it was a Labour commisioned report that made the recommendations. while some are funded, most the public sector pensions are unfunded and the state pensions isnt, and both will bankrupt us in 10-20 years time as things stand.

heres a good idea to stop that happening let shoot all those over 65 years of age ....problem solved





Oh no hang on a minute!!!!