The Coalition have identified a problem, namely the deficit - which most people believe was the result of bad policy decisions made by the last government - and wish to pay off that deficit as soon as possible. The present Labour opposition, who were in fact the last government, argue that the deficit should be cut at a much slower pace.
Today, at a speech held at the RSA, Ed Miliband is quoted as stating:
"Going slower isn’t the answer to a bad policy"I can but repeat: Erm...............
5 comments:
WfW, quite. Does Mr Miliband, himself, know what he is saying? I suspect that he has the socialist trait of stringing words together and then leaving others to interpret as they wish. Wasn't it in Alice in Wonderland where Humpty Dumpty said something like 'words mean precisely what I want them to mean'. Well, it seems the numpties have now adopted that rationale.
"If you tell a lie big enough and keep repeating it, people will eventually come to believe it."
Dr. Paul Joseph Goebbels
But not all of us eh?
The PSBR is apparently £150 billion annually equivalent to the entire Income Tax Revenue. What is not funded is added to the National Debt incurring recurrent Interest Charges or simply funded using Magic Money of Debt Monetization through the banking system.
Anyway, Osborne has decided on £170 billion in TAX increases so he can spend more in 2015 than in 2010 whilst cutting core activities like Defence but increasing Foreign Aid and EU subscriptions.
The burden of adjustment falls on the household. Higher food prices because of Biofuels and Devaluation and Supermarket Profiteering. Tax increases, Tax Credit cuts, and increased User Fees.
The Squeeze hurts at the petrol pump, food store, bank, and the Govt has simply forced Credit Card Companies to increase the minimum repayment not cap interest rates which have risen.
Osborne has transferred the full burden to middle class household budgets and continued Brown's policies. It is why the Govt must fall. I want to punish Cameron for his approach which like Merkel has raised costs, taxes and increased spending but neglected Defence and played socialist politics.
I cannot understand how people can support a party with Oliver Letwin, George Osborne, David Cameron, Greg Barker, Nick Clegg, David Willetts...I am tired of this farce after 12 months. Another war in Libya and the US has slipped away leaving Cameron with egg on his face.
I meet so many people who admire the Black Bloc and want to see real violence bring home to Cameron & Co. revulsion at the Banker-subservient Govt screwing working families to the wall and fearing repossession to banks and being debt slaves in this gulag
@TomTom
Well said sir!
jic & T: It is not just MiliE but also Osborne and Darling - not one of them has been truthful in this whole matter.
TT & SoH: I think we are all fed up with the ConDemNation that has been thrust upon us.
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