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Election forecast - a week to go
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"Polls are suggesting that Conservatives will win the most seats but will fall some way short of a majority. So time for a bit of Fab predictions ans let's see if any of us get it right. I'll go first and will be ready to get shot down in flames. I'm going against the polls, I think Miliband has run a far better campaign than expected, has the momentum and will see Labour end up as the largest party. " Regrettably, I think that may be the case or close to it. I also think that whatever happens there will be a loss of confidence in whatever hodge podge gets thrown together within a couple of years. It amazes me that we have got a perfect example of Milliband politics across the channel in France and despite that disaster, people in this country are voting for it here. The French are now wishing Sarkozy was back - and that really says something! I have a reserve plan if Balls n Balls get any kind of real influence. What I can't understand is what the Scots know about Labour that people in England seem to be missing. | |||
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"Last general election it said Labour was winning in the polls, that's why i knew conservatives would win. Don't know why but always the one who is doing best in the polls tends to lose. I predict more riots. It's gonna get bad no matter who wins." Bad is what has just happened in Nepal. Bad is what is happening in Iraq, Syria and Libya. Bad is what the Greeks are experiencing. We have never had it bad here and we never will, no matter who gets into power. The UK is mainstream and middle of the road and it always will be. Ask a Greek person about austerity if you want to know what "bad" is. | |||
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"SEVEN?! Isn't there a law against betting against the insane?" well the 'kipper in hand at the time was talking double digit wins.... I have a shed load of bets with kippers all over the place they wouldn't win 10... but since this was for charity i thought i would give him a chance and i said that ukip wouldn't win 1% of the total seats.....  | |||
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"Last general election it said Labour was winning in the polls, that's why i knew conservatives would win. Don't know why but always the one who is doing best in the polls tends to lose. I predict more riots. It's gonna get bad no matter who wins. Bad is what has just happened in Nepal. Bad is what is happening in Iraq, Syria and Libya. Bad is what the Greeks are experiencing. We have never had it bad here and we never will, no matter who gets into power. The UK is mainstream and middle of the road and it always will be. Ask a Greek person about austerity if you want to know what "bad" is." Yeah, perhaps you should be out in the streets with a cut out and keep chart showing people at what point they are allowed to be aggrieved by the mess our country is in? You seem to be well placed to make such a judgement.  | |||
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"Last general election it said Labour was winning in the polls, that's why i knew conservatives would win. Don't know why but always the one who is doing best in the polls tends to lose. I predict more riots. It's gonna get bad no matter who wins. Bad is what has just happened in Nepal. Bad is what is happening in Iraq, Syria and Libya. Bad is what the Greeks are experiencing. We have never had it bad here and we never will, no matter who gets into power. The UK is mainstream and middle of the road and it always will be. Ask a Greek person about austerity if you want to know what "bad" is." tell that to the tens of thousands queueing up at the local food banks how life in britain is so good  . | |||
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"Last general election it said Labour was winning in the polls, that's why i knew conservatives would win. Don't know why but always the one who is doing best in the polls tends to lose. I predict more riots. It's gonna get bad no matter who wins. Bad is what has just happened in Nepal. Bad is what is happening in Iraq, Syria and Libya. Bad is what the Greeks are experiencing. We have never had it bad here and we never will, no matter who gets into power. The UK is mainstream and middle of the road and it always will be. Ask a Greek person about austerity if you want to know what "bad" is." ? Pretty sure we have riots here. Oh and my son was expected to live of NOTHING at all for 18 months, i know all about this governments austerity thansk very much. | |||
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"I don't know but I'd honestly consider moving abroad if Labour get back into power. They'll have us bankrupt within a year." Better start applying for visas, then! Where will you go? | |||
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"Every time I see Miliband on TV all I can think of is Harry Enfield's 'Tim Nice But Dim'." Don't be fooled by appearance. | |||
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"Every time I see Miliband on TV all I can think of is Harry Enfield's 'Tim Nice But Dim'. Don't be fooled by appearance." I think the Tories massively underestimated him and it could prove their undoing. | |||
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"Every time I see Miliband on TV all I can think of is Harry Enfield's 'Tim Nice But Dim'. Don't be fooled by appearance. I think the Tories massively underestimated him and it could prove their undoing."That suggests that there is some other gear they could have switched up into, had they chanced upon epiphany. Let's be real here, Miliband is an idiot. But there isn't a single member of the Tory party who doesn't dream he is their party leader when they go to bed at night. | |||
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"Conservative "since i know you had a sensible finger on the scottish polls.... does the new polls today say more about sturgeon since they were projected to win them all in one.. and all but two in the other... does is say more that ruth davison is doing a good job as scottish tory leader they are only 3% behind labour.... does it mean that jim murphy is doing a bad job as scottish labour leader thats he is only 3 ahead of the tories... that everyone in scotland is so distrusful of the two big parties this is a big "FU" on the biggest stage possible.... of that there is going to be a shed load of tactical voting to try the snp out.. which is going to mean a lots of scottish tories holding their nose and voting labour or lib dem to limit the rise of sturgeon.... have to say as a side note.... i like the socttish leaders better than their english counterparts...... sturgeon,davison,murphy and patrick harvey of the greens.... its like a much more grown up debate going on north of the border | |||
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"indulge me a scenario for a moment... i think a trick has been missed a little... if the snp had put their "independance" ambitions on hold... and teamed up with plaid and the greens in an alliance and called themselves lets say "the progressive left" in the uk...... I wonder how many seats in westminster they would have won...... I really don't know how i am voting next thursday yet.... but if a sturgeon based "uk progressive left" had been on the ballot down here.... i would have been sorely tempted" Isn't "progressive left" the ultimate oxymoron. On someone/everyone else's tab? | |||
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"indulge me a scenario for a moment... i think a trick has been missed a little... if the snp had put their "independance" ambitions on hold... and teamed up with plaid and the greens in an alliance and called themselves lets say "the progressive left" in the uk...... I wonder how many seats in westminster they would have won...... I really don't know how i am voting next thursday yet.... but if a sturgeon based "uk progressive left" had been on the ballot down here.... i would have been sorely tempted" It would have been a landslide victory for them. | |||
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" The worst that can happen is that slimy cunt Clegg loses his seat. Brilliant, you and i all shout. Then the Liberal twats make him a Peer (like his predecessor). " i for one dont care what they make him the sooner he loses his seat the better he wont be counting on any student votes this time. | |||
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"I don't know but I'd honestly consider moving abroad if Labour get back into power. They'll have us bankrupt within a year." I agree. The Labour party seem to be hell bent on bankrupting the country, Every Labour Government has wrecked the economy (and they do a progressively bigger job of it every time) and it's always been the conservatives who clear up the mess they leave behind. It was a Labour chancellor who devalued the pound in the 60's and Gordon Brown came close to it during his time as Chancellor. | |||
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" Question : Will it be a record low turnout (because people just don't care anymore) or a highish turnout (chance to get your crank candidate of choice in?) My own constituency forecast - the same useless cunt we already have. " i think it will be higher than last time just because i think the engagement in scotland post referendum has been maintained... i think it will be close to 70%.... | |||
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"indulge me a scenario for a moment... i think a trick has been missed a little... if the snp had put their "independance" ambitions on hold... and teamed up with plaid and the greens in an alliance and called themselves lets say "the progressive left" in the uk...... I wonder how many seats in westminster they would have won...... I really don't know how i am voting next thursday yet.... but if a sturgeon based "uk progressive left" had been on the ballot down here.... i would have been sorely tempted It would have been a landslide victory for them." It would certainly have livened things up a fair bit. Although as the UKIP far right story has faded, I suspect a far left alternative across the whole UK would have gone a similar way. | |||
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"indulge me a scenario for a moment... i think a trick has been missed a little... if the snp had put their "independance" ambitions on hold... and teamed up with plaid and the greens in an alliance and called themselves lets say "the progressive left" in the uk...... I wonder how many seats in westminster they would have won...... I really don't know how i am voting next thursday yet.... but if a sturgeon based "uk progressive left" had been on the ballot down here.... i would have been sorely tempted It would have been a landslide victory for them. It would certainly have livened things up a fair bit. Although as the UKIP far right story has faded, I suspect a far left alternative across the whole UK would have gone a similar way." The British seem to be anti-extremist, which can only be a good thing. But it does mean that things get a bit dull on Election Day. | |||
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"Er...far left? Compared to who? Labour? Socialist would be a better description." The Labour manifesto is the most leftwing I have seen since I have been able to vote, and if Ed gets in it will be just the beginning. He is unashamedly Marxist. | |||
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" Is it just me, or are every party trying to outdo each other in the "bribing the electorate" stakes? Greens "doubling" child benefit FFS. " you mean like extending right to buy... even though the world and his aunt has said "bad idea!!!" | |||
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"Er...far left? Compared to who? Labour? Socialist would be a better description. The Labour manifesto is the most leftwing I have seen since I have been able to vote, and if Ed gets in it will be just the beginning. He is unashamedly Marxist." Yes, very good. Seriously though, what do you really think? | |||
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"France has seen unemployment grow year on year, very much in line with the departure of wealth from the country. It makes a good sounbyte to "tax the rich" but as France has found it. For every action, there is an equal and opposite reaction. I predicted in a previous thread that with a Labour government we would see the first reductions in Treasury tax take by October. By this time next year, there will have been emergency tax rises and within two years a collapse of government in the face of increasing unemployment and deficit. The only reason that it has not happened in France is because they still do have an industrial base that can't up and run away like the mobile wealthy." You were also predicting a super soaraway Conservative victory based on their made up independent letter to the Telegraph, so your credibility is not exactly sky high. Speaking of which, how come you haven't started a good news thread about their '5000' 'signatures' from 'small business' 'owners' yet...get a bit shy on that one, perhaps? | |||
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"France has seen unemployment grow year on year, very much in line with the departure of wealth from the country. It makes a good sounbyte to "tax the rich" but as France has found it. For every action, there is an equal and opposite reaction. I predicted in a previous thread that with a Labour government we would see the first reductions in Treasury tax take by October. By this time next year, there will have been emergency tax rises and within two years a collapse of government in the face of increasing unemployment and deficit. The only reason that it has not happened in France is because they still do have an industrial base that can't up and run away like the mobile wealthy. You were also predicting a super soaraway Conservative victory based on their made up independent letter to the Telegraph, so your credibility is not exactly sky high. Speaking of which, how come you haven't started a good news thread about their '5000' 'signatures' from 'small business' 'owners' yet...get a bit shy on that one, perhaps? "I think that I have consistently stated that I predicted a narrow Labour victory. It is the exact opposite of what I would want but it became clear early on that a negative election campaign was going to damage the Conservatives. Who knows, we may yet all be saved from having Ed n Ed representing us on the worlds stage. If not, I wonder if Ed M will adopt a drawl when talking to the Americans in the way that he dropped his t's in his chat with Russell Brand in an attempt to fit in. | |||
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"my prediction.... that my charity is going to be 20 quid better off after that bet with one of fab's loudest "kippers" that ukip wouldn't win 7 seats!!!! "Anything could happen in this election, is the most unpredictable election for as long as i can remember, anything could happen in just over a weeks time. | |||
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"Have actually heard people talking about Nicky Morgan as a possible replacement for Doomed Dave after the election. There is desperate, and then there is...well, Nicky Morgan. She would last three weeks." When Cameron goes it will be Boris or Teresa May to take over. | |||
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"The only reason that it has not happened in France is because they still do have an industrial base that can't up and run away like the mobile wealthy." The mobile wealthy aint going anywhere. They didn't leave in 1997, and they won't leave now. Because even if Labour get in, they won't have a majority, and so would be hamstrung to deal with the ridiculous situation that major companies can get away without paying tax, whereas we get hounded and jailed if we don't. | |||
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"my prediction.... that my charity is going to be 20 quid better off after that bet with one of fab's loudest "kippers" that ukip wouldn't win 7 seats!!!!
Anything could happen in this election, is the most unpredictable election for as long as i can remember, anything could happen in just over a weeks time. "you want to take me up on the 7 seat bet then??? 20 quid to a charity of the winners chosing.... | |||
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"Every time I see Miliband on TV all I can think of is Harry Enfield's 'Tim Nice But Dim'." Funny, when i see him on TV, just makes me think of Wallace and Gromit. | |||
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"I don't know but I'd honestly consider moving abroad if Labour get back into power. They'll have us bankrupt within a year." Good! One less tory | |||
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"my prediction.... that my charity is going to be 20 quid better off after that bet with one of fab's loudest "kippers" that ukip wouldn't win 7 seats!!!!
Anything could happen in this election, is the most unpredictable election for as long as i can remember, anything could happen in just over a weeks time.
you want to take me up on the 7 seat bet then??? 20 quid to a charity of the winners chosing.... "Only a fool would bet on anything in this election. | |||
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"indulge me a scenario for a moment... i think a trick has been missed a little... if the snp had put their "independance" ambitions on hold... and teamed up with plaid and the greens in an alliance and called themselves lets say "the progressive left" in the uk...... I wonder how many seats in westminster they would have won...... I really don't know how i am voting next thursday yet.... but if a sturgeon based "uk progressive left" had been on the ballot down here.... i would have been sorely tempted" Christ, that's a real witches brew.... tyhey would leave us broke, defenceless and the laughing stock of most of the developed world within two years!!  | |||
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"my prediction.... that my charity is going to be 20 quid better off after that bet with one of fab's loudest "kippers" that ukip wouldn't win 7 seats!!!!
Anything could happen in this election, is the most unpredictable election for as long as i can remember, anything could happen in just over a weeks time.
you want to take me up on the 7 seat bet then??? 20 quid to a charity of the winners chosing....
Only a fool would bet on anything in this election. "...... and suddenly all the main 'kippers on the site aren't as confident as they were...... so much for the "put your money where your belief is" challenge...... | |||
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"Er...far left? Compared to who? Labour? Socialist would be a better description. The Labour manifesto is the most leftwing I have seen since I have been able to vote, and if Ed gets in it will be just the beginning. He is unashamedly Marxist. Yes, very good. Seriously though, what do you really think?"You seem pretty smart, was there anything that was unclear?? | |||
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"my prediction.... that my charity is going to be 20 quid better off after that bet with one of fab's loudest "kippers" that ukip wouldn't win 7 seats!!!!
Anything could happen in this election, is the most unpredictable election for as long as i can remember, anything could happen in just over a weeks time.
you want to take me up on the 7 seat bet then??? 20 quid to a charity of the winners chosing....
Only a fool would bet on anything in this election.
...... and suddenly all the main 'kippers on the site aren't as confident as they were......
so much for the "put your money where your belief is" challenge......"I've never challenged anyone to any bets about this election, just because of the unpredictability of it all, who would have bet before the election campaign that the SNP could win all but 1 seat in the whole of Scotland? (now that is what is being reported could happen). As i said anyones guess really, but i'm quietly confident UKIP will still win a handful of seats, and come 2nd in many others. | |||
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"how on earth does this work... uk edition of the sun tomorrow will endorse and back the conservative party ...citing stopping the SNP as one of the reasons its backing the tories meanwhile....the scottish edition of the sun tomorrow will endorse and back the SNP taking out of both sides of their mouths for ciculation issues???? "
Couldn't agree more, as someone who works in England now and again, the political difference between the 2 issues is staggering (Mr) | |||
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"how on earth does this work... uk edition of the sun tomorrow will endorse and back the conservative party ...citing stopping the SNP as one of the reasons its backing the tories meanwhile....the scottish edition of the sun tomorrow will endorse and back the SNP taking out of both sides of their mouths for ciculation issues???? "Because Murdoch likes to back winners.... | |||
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"The election is Cameron's to lose and he seems hell bent on achieving that" | |||
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"how on earth does this work... uk edition of the sun tomorrow will endorse and back the conservative party ...citing stopping the SNP as one of the reasons its backing the tories meanwhile....the scottish edition of the sun tomorrow will endorse and back the SNP taking out of both sides of their mouths for ciculation issues????
Because Murdoch likes to back winners...."....and telling people not to vote Labour in England and Scotland. | |||
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"Vote Green!" Would prefer to vote for the Hitler/Mussolini Not Very Democratic Party ! | |||
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"I don't know but I'd honestly consider moving abroad if Labour get back into power. They'll have us bankrupt within a year." See ya.... | |||
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"Polls are suggesting that Conservatives will win the most seats but will fall some way short of a majority. So time for a bit of Fab predictions ans let's see if any of us get it right. I'll go first and will be ready to get shot down in flames. I'm going against the polls, I think Miliband has run a far better campaign than expected, has the momentum and will see Labour end up as the largest party. " . Conservatives will win as I believe support for them is understated . They have done a good job of running the economy in difficult circumstances. Lots of new jobs are being created , car sales are at an all time high , the FTSE is closest to its highest ever , and taxation is set at levels which encourage companies to invest . | |||
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"I'm guessing at some stage this thread will descend into "It doesn't matter who wins the election, Britain isn't what it used to be. I blame Labour, Tories, muslims, migrants, or Opal Fruits being changed to Starburst"." it's all been downhill since Marathon became Snickers  | |||
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"how on earth does this work... uk edition of the sun tomorrow will endorse and back the conservative party ...citing stopping the SNP as one of the reasons its backing the tories meanwhile....the scottish edition of the sun tomorrow will endorse and back the SNP taking out of both sides of their mouths for ciculation issues???? "The Sun are probably the worst for this but the express and daily fail are at it as well. it's been going on for years, back in 1997 when we had the devolution referendum the Sun ran two headlines: Scottish edition "rise now and be a nation" UK edition "stop your whinging jock" | |||
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"Conservative
since i know you had a sensible finger on the scottish polls....
does the new polls today say more about sturgeon since they were projected to win them all in one.. and all but two in the other...
does is say more that ruth davison is doing a good job as scottish tory leader they are only 3% behind labour....
does it mean that jim murphy is doing a bad job as scottish labour leader thats he is only 3 ahead of the tories...
that everyone in scotland is so distrusful of the two big parties this is a big "FU" on the biggest stage possible....
of that there is going to be a shed load of tactical voting to try the snp out.. which is going to mean a lots of scottish tories holding their nose and voting labour or lib dem to limit the rise of sturgeon....
have to say as a side note.... i like the socttish leaders better than their english counterparts...... sturgeon,davison,murphy and patrick harvey of the greens.... its like a much more grown up debate going on north of the border
"The polls are misleading _abio, they dont take into account that aprox 30% of the electorate in Scotland are either undecided or dont want to say how they will vote. the debate up here isnt always grown up theres still a bit of aggro left over from last year (on both sides) Jim Murphy is as divisive as Alex Salmond and prone to the odd gaff or three which doesnt help him, there are a number of labour MPs up here who are unpopular due to issues like the Iraq war and campaigning (in some case celebrating with) alongside the tories in the indyref. The problem for Ruth Davidson and the tories is that their support up here is spread too thin and unlikely to be turned into seats (possibly 1 in the borders) a bit like the greens UK wide. | |||
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"how on earth does this work... uk edition of the sun tomorrow will endorse and back the conservative party ...citing stopping the SNP as one of the reasons its backing the tories meanwhile....the scottish edition of the sun tomorrow will endorse and back the SNP taking out of both sides of their mouths for ciculation issues???? "Murdoch hates Labour. Telling Scots to vote SNP and everyone else to vote Tory amounts to the same thing - fewer Labour seats and a greater chance of an absolute Tory majority. | |||
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"My prediction is that if there is a low turnout the Tories will get back in and within months there will be a wailing and gnashing of teeth from the working and unemployed poor who voted Conservative and those who made a choice not to vote. Because what the Tories will be doing to the vast majority of us make the last 5 years look like a picknick! "Look at what Labour is actually offering. There great tax giveaway to the poor amounts to a rise of 50 pence per week. They refuse to give the NHS the resources they need offering 2.5 million instead of the 8 million needed. They deficit reduction plans result in what has been described by independent analysts as insignificant amounts. They claim to support the NHS but they have privatised more of the NHS than the Conservatives. Their PFI fiasco has left hospitals practically bankrupt and in debt for decades struggling to pay huge capital repayments. Labour are doing what they are good at; telling the people what they want to hear, without actually giving them anything. | |||
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"My prediction is that if there is a low turnout the Tories will get back in and within months there will be a wailing and gnashing of teeth from the working and unemployed poor who voted Conservative and those who made a choice not to vote. Because what the Tories will be doing to the vast majority of us make the last 5 years look like a picknick! "As someone who works I'm a fair bit better off under the current coalition than I was under labour. That seems to be the consensus amongst most of the skilled labour class of workers I know too | |||
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"indulge me a scenario for a moment... i think a trick has been missed a little... if the snp had put their "independance" ambitions on hold... and teamed up with plaid and the greens in an alliance and called themselves lets say "the progressive left" in the uk...... I wonder how many seats in westminster they would have won...... I really don't know how i am voting next thursday yet.... but if a sturgeon based "uk progressive left" had been on the ballot down here.... i would have been sorely tempted" Finally someone is listening.... It really isn't about a referendum this time it's about change The whole of scotland is ready for a change and shaking up Westminster and showing these two main parties there's other options For labour, the Tories and the rest to keep banging on bout all SNP want is to break up the union blah blah is sticking in the mud and their only threat again and they are the ones that haven't got past or moved forward from the referendum.... Also they are being blatantly racist towards the scots the very scots they wanted to stay in the union it's only making the gap wider again..... | |||
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"France has seen unemployment grow year on year, very much in line with the departure of wealth from the country. It makes a good sounbyte to "tax the rich" but as France has found it. For every action, there is an equal and opposite reaction. " Which main party has campaigned on a 70% top rate of tax in this election? Answer = no one! I think in terms of "all in it together" a 50% top rate of tax isn't a bad thing. We had a 50% rate for 2 years - did we have people fleeing in masses? No they didn't. Did the economy collapse? No it didn't. What did happen was the rich rejigged their taxes, they brought forward about £17bn in earnings in 2009 to pay at the lesser rate so that less income was taxable from 2010. | |||
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"One thing I think would hilarious is after the result labour and the conservatives declaring a coalition. I'd love it just to see people's reacrions" This is not as daft as it sounds, we have some pretty major issues that would benefit from cross party collaboration rather than flip flopping every time there is a change of government. In particular we would all benefit from an agreed plan around pensions, NHS and education, but that wouldn't leave them much to fight about! | |||
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"indulge me a scenario for a moment... i think a trick has been missed a little... if the snp had put their "independance" ambitions on hold... and teamed up with plaid and the greens in an alliance and called themselves lets say "the progressive left" in the uk...... I wonder how many seats in westminster they would have won...... I really don't know how i am voting next thursday yet.... but if a sturgeon based "uk progressive left" had been on the ballot down here.... i would have been sorely tempted Finally someone is listening.... It really isn't about a referendum this time it's about change The whole of scotland is ready for a change and shaking up Westminster and showing these two main parties there's other options For labour, the Tories and the rest to keep banging on bout all SNP want is to break up the union blah blah is sticking in the mud and their only threat again and they are the ones that haven't got past or moved forward from the referendum.... Also they are being blatantly racist towards the scots the very scots they wanted to stay in the union it's only making the gap wider again....." I can foresee a building resentment by the English though which may change things a lot. | |||
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"France has seen unemployment grow year on year, very much in line with the departure of wealth from the country. It makes a good sounbyte to "tax the rich" but as France has found it. For every action, there is an equal and opposite reaction. Which main party has campaigned on a 70% top rate of tax in this election? Answer = no one! I think in terms of "all in it together" a 50% top rate of tax isn't a bad thing. We had a 50% rate for 2 years - did we have people fleeing in masses? No they didn't. Did the economy collapse? No it didn't. What did happen was the rich rejigged their taxes, they brought forward about £17bn in earnings in 2009 to pay at the lesser rate so that less income was taxable from 2010. " It is not just about the top rate of tax. All the rhetoric has been about taking money from the rich. Mansion tax, non does, bank levy, 50% top rate and a corporation tax hike of as much as 5%. These are push factors for wealthy people. Think about it.... With the starting tax rate likely to be at around £12500 sometime in the next 5 years, the departure of just one very high rate tax payer would equate to the tax take of hundreds of moderately paid people. The tax take from the very wealthy is disproportionately large and it does not take much to push them away. What I find strange is why there is a championing of people paying more tax when logically we should be shouting to all pay less and for the government to be less wasteful with our money. | |||
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"One thing I think would hilarious is after the result labour and the conservatives declaring a coalition. I'd love it just to see people's reacrions" Unlikely but not beyond the realms of possibility. It is pretty certain that there will be a hung parliament and the SNP are going to be the 3rd party. They have already categorically stated that they wont do a deal with the Tory's and a deal with Labour is far too toxic for Milliband to even contemplate, even though deep down both he and Sturgeon would like it. With the Tory's as the largest party Milliband could possibly see that propping up a Tory government with some concessions to Labour would be a lot less toxic than going down in history as the man who lost the union. Whichever way it goes I wouldn't like to be in Millibands shoes next Friday morning. | |||
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"France has seen unemployment grow year on year, very much in line with the departure of wealth from the country. It makes a good sounbyte to "tax the rich" but as France has found it. For every action, there is an equal and opposite reaction. Which main party has campaigned on a 70% top rate of tax in this election? Answer = no one! I think in terms of "all in it together" a 50% top rate of tax isn't a bad thing. We had a 50% rate for 2 years - did we have people fleeing in masses? No they didn't. Did the economy collapse? No it didn't. What did happen was the rich rejigged their taxes, they brought forward about £17bn in earnings in 2009 to pay at the lesser rate so that less income was taxable from 2010. It is not just about the top rate of tax. All the rhetoric has been about taking money from the rich. Mansion tax, non does, bank levy, 50% top rate and a corporation tax hike of as much as 5%. These are push factors for wealthy people. Think about it.... With the starting tax rate likely to be at around £12500 sometime in the next 5 years, the departure of just one very high rate tax payer would equate to the tax take of hundreds of moderately paid people. The tax take from the very wealthy is disproportionately large and it does not take much to push them away. What I find strange is why there is a championing of people paying more tax when logically we should be shouting to all pay less and for the government to be less wasteful with our money." The average billionaire (I appreciate the irony!), will spend some millions here in the UK every year all at 20% VAT. While I am all in favour of making sure there is no tax evasion by anyone in society, if that spending power is lost the impact on the treasury would be very significant. | |||
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"France has seen unemployment grow year on year, very much in line with the departure of wealth from the country. It makes a good sounbyte to "tax the rich" but as France has found it. For every action, there is an equal and opposite reaction. Which main party has campaigned on a 70% top rate of tax in this election? Answer = no one! I think in terms of "all in it together" a 50% top rate of tax isn't a bad thing. We had a 50% rate for 2 years - did we have people fleeing in masses? No they didn't. Did the economy collapse? No it didn't. What did happen was the rich rejigged their taxes, they brought forward about £17bn in earnings in 2009 to pay at the lesser rate so that less income was taxable from 2010. It is not just about the top rate of tax. All the rhetoric has been about taking money from the rich. Mansion tax, non does, bank levy, 50% top rate and a corporation tax hike of as much as 5%. These are push factors for wealthy people. Think about it.... With the starting tax rate likely to be at around £12500 sometime in the next 5 years, the departure of just one very high rate tax payer would equate to the tax take of hundreds of moderately paid people. The tax take from the very wealthy is disproportionately large and it does not take much to push them away. What I find strange is why there is a championing of people paying more tax when logically we should be shouting to all pay less and for the government to be less wasteful with our money." 100% agree but sadly it is a concept that the average green eyed socialist just cannot grasp. | |||
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" What I find strange is why there is a championing of people paying more tax when logically we should be shouting to all pay less and for the government to be less wasteful with our money." Everyone wants lower taxes - but people want better public services and that means bills have to be paid. Ask people if they want to pay no tax and pay ALL costs out of their own pockets (bar defense or FCO)... then ask them if they want to keep the socialism model. I can guarantee which would be the victor. So those bills have to be paid, and if the rich have a disproportionate share of the income then they pay a disproportionate share of the taxes. | |||
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" What I find strange is why there is a championing of people paying more tax when logically we should be shouting to all pay less and for the government to be less wasteful with our money. Everyone wants lower taxes - but people want better public services and that means bills have to be paid. Ask people if they want to pay no tax and pay ALL costs out of their own pockets (bar defense or FCO)... then ask them if they want to keep the socialism model. I can guarantee which would be the victor. So those bills have to be paid, and if the rich have a disproportionate share of the income then they pay a disproportionate share of the taxes." Why should there only be two options? One extreme or the other? | |||
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" What I find strange is why there is a championing of people paying more tax when logically we should be shouting to all pay less and for the government to be less wasteful with our money. Everyone wants lower taxes - but people want better public services and that means bills have to be paid. Ask people if they want to pay no tax and pay ALL costs out of their own pockets (bar defense or FCO)... then ask them if they want to keep the socialism model. I can guarantee which would be the victor. So those bills have to be paid, and if the rich have a disproportionate share of the income then they pay a disproportionate share of the taxes. Why should there only be two options? One extreme or the other? " Because if AV is anything to go by, people won't get it! Either/or is easier to put to people is it not? You want a little bit of socialism? A big dollop or a smidgen? I'm sure we could quantify those. | |||
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"We'll see the Labour Party in power, no doubt. So Tory light. The only real good that will come out of this election is that it is very likely we are witnessing the end of the Tory party proper. They haven't been able to win an election since 1997, moribund Cameron is getting ready to be torn to pieces by his inferiors...and when his possible replacements are inferior to the worst PM in living memory, you know the party is in a parlous state. It's hard to see how they will ever win any political influence ever again. So, good riddance to bad rubbish. "just what I've been saying.and the worst chancellor in history too. | |||
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"One thing I think would hilarious is after the result labour and the conservatives declaring a coalition. I'd love it just to see people's reacrions This is not as daft as it sounds, we have some pretty major issues that would benefit from cross party collaboration rather than flip flopping every time there is a change of government. In particular we would all benefit from an agreed plan around pensions, NHS and education, but that wouldn't leave them much to fight about!" It's also not a stupid idea as Conservative and Labour are two sets of broadly identical neoliberals with different names. Anyone who think that there is any appreciable difference between any of the three majn parties is just drinking up the spin. | |||
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"France has seen unemployment grow year on year, very much in line with the departure of wealth from the country. It makes a good sounbyte to "tax the rich" but as France has found it. For every action, there is an equal and opposite reaction. Which main party has campaigned on a 70% top rate of tax in this election? Answer = no one! I think in terms of "all in it together" a 50% top rate of tax isn't a bad thing. We had a 50% rate for 2 years - did we have people fleeing in masses? No they didn't. Did the economy collapse? No it didn't. What did happen was the rich rejigged their taxes, they brought forward about £17bn in earnings in 2009 to pay at the lesser rate so that less income was taxable from 2010. It is not just about the top rate of tax. All the rhetoric has been about taking money from the rich. Mansion tax, non does, bank levy, 50% top rate and a corporation tax hike of as much as 5%. These are push factors for wealthy people. Think about it.... With the starting tax rate likely to be at around £12500 sometime in the next 5 years, the departure of just one very high rate tax payer would equate to the tax take of hundreds of moderately paid people. The tax take from the very wealthy is disproportionately large and it does not take much to push them away. What I find strange is why there is a championing of people paying more tax when logically we should be shouting to all pay less and for the government to be less wasteful with our money." Or even better, the rich pay more tax, the poor pay less tax, and the government to be less wasteful with our money. I guess such a _iew makes me either a 'green eyed socialist'...or genuinely thoughtful. Your own personal blinkers will decide for you which is correct. | |||
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"One thing I think would hilarious is after the result labour and the conservatives declaring a coalition. I'd love it just to see people's reacrions This is not as daft as it sounds, we have some pretty major issues that would benefit from cross party collaboration rather than flip flopping every time there is a change of government. In particular we would all benefit from an agreed plan around pensions, NHS and education, but that wouldn't leave them much to fight about! It's also not a stupid idea as Conservative and Labour are two sets of broadly identical neoliberals with different names. Anyone who think that there is any appreciable difference between any of the three majn parties is just drinking up the spin." Kitchens maybe? | |||
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"I'm guessing at some stage this thread will descend into "It doesn't matter who wins the election, Britain isn't what it used to be. I blame Labour, Tories, muslims, migrants, or Opal Fruits being changed to Starburst"." I thought it was when marathon turned to snickers | |||
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"Quick Roman let's all line up to suck your dick as a thank you for not taking all your cash back to Russia...remind me again why you prefer London to Moscow??" I would think for his non dom status and the safety of not living in a country ruled by Putin would be high on his list. However it is a big world out there and piss him (and many others like him) off and he really could be gone in 30 seconds. Good riddance some of you might say, but remember this. Many of these "rich" work and invest in the London financial centre which pays around a quarter of the UK governments total tax take. As reported only a few days ago HSBC are seriously thinking of moving their head office away from London and others may follow. It matters not a jot whether these people and company's have their office in New York, Hong Kong, Frankfurt, or Singapore. Deals can be done at the click of a mouse. At the moment London offers a favourable climate to do business. Change that and they will be off and there is sod all any UK government can do about it. Should that happen who then will pay for the NHS, education, infrastructure, welfare state Etc? Like it or not we live in a global economy and the days of exchange controls and only being allowed to take 50 quid on holiday are long gone. Tax the rich? Be very careful what you wish for. The law of unintended consequences is strong in this one. (with apologies to Darth Vader) | |||
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"Tax the rich, if they want to live in London. And they do. So tax them until their ears squeak, they aren't going anywhere. London is the best place in the world to live, if you are rich. Of course, that won't prevent fools and myopics thinking that the rich are here because of favourable business conditions rather than living conditions." If that idea makes you comfortable then stick with it. | |||
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"The facts are not meant to comfort...they are just facts. On the other hand, if they make you uncomfortable, don't worry! There's always UKIP "They're due a landslide you know. | |||
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"Tax the rich, if they want to live in London. And they do. So tax them until their ears squeak, they aren't going anywhere. London is the best place in the world to live, if you are rich. Of course, that won't prevent fools and myopics thinking that the rich are here because of favourable business conditions rather than living conditions. If that idea makes you comfortable then stick with it." interesting concept "myopic thinking" | |||
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"France has seen unemployment grow year on year, very much in line with the departure of wealth from the country. It makes a good sounbyte to "tax the rich" but as France has found it. For every action, there is an equal and opposite reaction. Which main party has campaigned on a 70% top rate of tax in this election? Answer = no one! I think in terms of "all in it together" a 50% top rate of tax isn't a bad thing. We had a 50% rate for 2 years - did we have people fleeing in masses? No they didn't. Did the economy collapse? No it didn't. What did happen was the rich rejigged their taxes, they brought forward about £17bn in earnings in 2009 to pay at the lesser rate so that less income was taxable from 2010. It is not just about the top rate of tax. All the rhetoric has been about taking money from the rich. Mansion tax, non does, bank levy, 50% top rate and a corporation tax hike of as much as 5%. These are push factors for wealthy people. Think about it.... With the starting tax rate likely to be at around £12500 sometime in the next 5 years, the departure of just one very high rate tax payer would equate to the tax take of hundreds of moderately paid people. The tax take from the very wealthy is disproportionately large and it does not take much to push them away. What I find strange is why there is a championing of people paying more tax when logically we should be shouting to all pay less and for the government to be less wasteful with our money. The average billionaire (I appreciate the irony!), will spend some millions here in the UK every year all at 20% VAT. While I am all in favour of making sure there is no tax evasion by anyone in society, if that spending power is lost the impact on the treasury would be very significant." Maybe VAT is the answer. Is it sensible that the rate on tampons is the same as the rate on Rolex watches? | |||
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"Really liking the Question Time format, much better than the leaders squabbling with each other. A very strong start from Cameron, tough act to follow." i think he got a proper shoo-ing... however he survived... just!! don't think he answered a lot of the questions well i.e what you cutting? the word "trust" is coming up a lot... and neither cameron nor milliband are coping well... loving this audience though!!!! | |||
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"Really liking the Question Time format, much better than the leaders squabbling with each other. A very strong start from Cameron, tough act to follow. i think he got a proper shoo-ing... however he survived... just!! don't think he answered a lot of the questions well i.e what you cutting? the word "trust" is coming up a lot... and neither cameron nor milliband are coping well... loving this audience though!!!! " The audience have been totally brilliant, and have been allowed to shine but super chairmanship from Dimbleby. Allowing the business woman from Leeds to continue her point with Miliband was superb. Thought Miliband did better in the debate at the start of the campaign, Cameron came out on top for me tonight. | |||
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"Clegg has the knack of putting on a performance " Sadly for him tonight it was pantomime. Thought he was hopeless and may have nailed the final nails in the Lib Dem coffin. | |||
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"Clegg has the knack of putting on a performance Sadly for him tonight it was pantomime. Thought he was hopeless and may have nailed the final nails in the Lib Dem coffin." I'm not sure even he is convinced he can hold his seat. | |||
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"I'm not doing Farage after the news but will have The Last Leg on. I need funny politics now. " Thanks for the reminder | |||
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"Milliband's darkened room joke was the only highlight for me. Didn't like the audience but I did like how they were allowed to press their point. Dimbleby has always been the best at chairing these sort of things." Dimbleby was a brilliant chair, understated and let the audience shine. Very good. For me Cameron was a clear winner tonight, a very assured performance. Miliband a close second and Clegg a long way third. Will the polls be swayed come the morning? I suspect so. | |||
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".............. Milliband sounded quite assured but this denial of needing to consider an arrangement with other parties is foolish. " Ed's statement that he wouldn't enter into any sort of agreement with the SNP couldn't have been clearer and the sooner the SNP drop their absurd wet dream about striding the corridors of power, the better. | |||
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".............. Milliband sounded quite assured but this denial of needing to consider an arrangement with other parties is foolish. Ed's statement that he wouldn't enter into any sort of agreement with the SNP couldn't have been clearer and the sooner the SNP drop their absurd wet dream about striding the corridors of power, the better." I'm happy with that but he still needs to explain what the relationship will be with other parties if they attempt to govern without a majority. | |||
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".............. Milliband sounded quite assured but this denial of needing to consider an arrangement with other parties is foolish. Ed's statement that he wouldn't enter into any sort of agreement with the SNP couldn't have been clearer and the sooner the SNP drop their absurd wet dream about striding the corridors of power, the better. I'm happy with that but he still needs to explain what the relationship will be with other parties if they attempt to govern without a majority. " I'm not convinced he does. He,like all of the party leaders, are under no obligation to divulge their plans posy election in the event of a hung parliament. They can is they so wish, but there's no obligation. | |||
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"Milliband's darkened room joke was the only highlight for me. Didn't like the audience but I did like how they were allowed to press their point. Dimbleby has always been the best at chairing these sort of things." Surely another Miliband highlight was when he tripped on the stage and nearly fell over while exiting the stage after his stint, what a fool the guy is a walking disaster area! | |||
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"Milliband's darkened room joke was the only highlight for me. Didn't like the audience but I did like how they were allowed to press their point. Dimbleby has always been the best at chairing these sort of things. Surely another Miliband highlight was when he tripped on the stage and nearly fell over while exiting the stage after his stint, what a fool the guy is a walking disaster area!" Oh fuck you're right. I'll vote UKIP it's not like they'd be a plane crash.. | |||
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"Only caught the last 10 mins of Cameron but sounded quite evasive to me and I was surprised at how warm the applause was for him - presumably I missed the best bit. Milliband sounded quite assured but this denial of needing to consider an arrangement with other parties is foolish. Cleggs rationale that whoever has the most seats has the most support from the electorate and should therefore automatically get first choice of forming a govt. is also nonsense. " The way Clegg harps on about democracy and being a democrat, but then his flat refusal to give an EU referendum i found really annoying. If he was a true democrat he would give a referendum, letting the people decide is true democracy. | |||
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"I think any momentum miliband was receiving was shot down in flames when he denied the last labour government overspent ! What a dick ! Really does the guy think we are all stupid. Fact is that whilst many have suffered trying to fix all the shit that the latest government inherited it would have been much worse for those that have already suffered and many many more if the government hadn't made the decisions they have. I'm not agreeing they have got everything right but it's moving in the right direction. " really..? the friends of the establishment and their families have done ok, in fact the 'rich' have gotten richer again.. people having to use food banks on the other hand have not fared so well as have many others.. | |||
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"I know who I'm voting for "Is it ukip and their 'ban bananas for being foreign' policy? | |||
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"It doesn't matter who gets in were all screwed for another 5 years nothing will change. Were in the shit and it take another decade to get out of it. You really are just voting for more of the same." zzzzzzzzzzz | |||
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"I know who I'm voting for
Is it ukip and their 'ban bananas for being foreign' policy?"Yeah UKIP bananas all the way | |||
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"I think any momentum miliband was receiving was shot down in flames when he denied the last labour government overspent ! What a dick ! Really does the guy think we are all stupid. Fact is that whilst many have suffered trying to fix all the shit that the latest government inherited it would have been much worse for those that have already suffered and many many more if the government hadn't made the decisions they have. I'm not agreeing they have got everything right but it's moving in the right direction. " No he was shot down the moment when he said no deal with SNP and saying if it meant Labour not being in government so be it. So he is happy for the Tories to get back in. | |||
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"I think any momentum miliband was receiving was shot down in flames when he denied the last labour government overspent ! What a dick ! Really does the guy think we are all stupid. Fact is that whilst many have suffered trying to fix all the shit that the latest government inherited it would have been much worse for those that have already suffered and many many more if the government hadn't made the decisions they have. I'm not agreeing they have got everything right but it's moving in the right direction. No he was shot down the moment when he said no deal with SNP and saying if it meant Labour not being in government so be it. So he is happy for the Tories to get back in." He'd never get English support if he said anything else. | |||
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"I think any momentum miliband was receiving was shot down in flames when he denied the last labour government overspent ! What a dick ! Really does the guy think we are all stupid. Fact is that whilst many have suffered trying to fix all the shit that the latest government inherited it would have been much worse for those that have already suffered and many many more if the government hadn't made the decisions they have. I'm not agreeing they have got everything right but it's moving in the right direction. No he was shot down the moment when he said no deal with SNP and saying if it meant Labour not being in government so be it. So he is happy for the Tories to get back in. He'd never get English support if he said anything else. So it sounds like he has given up on Scotland. " | |||
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"might not like the tories but when you think of the state we were in 5 years ago could you have done better with no money in the bank and banks all in the shit i may not like the tories but must say it could of been so much worse than were we are now yes labour can come in and spend loads and for 5 years look brill then win the next election as well but 7 or 8 years from now with a spend mad labour GOD HELP US "You are basing this on coalition lies that ignore economic facts. When the coalition took over from Labour, the economy was already stable and recovering from a recession caused by world economic forces, not Labour mismanagement. The ConLib coalition economic policies actually STALLED the recovery that was already in place when they took power for two years. So you are trusting people who are factually proven to be worse at managing the economy than Labour. Good for you. | |||
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"might not like the tories but when you think of the state we were in 5 years ago could you have done better with no money in the bank and banks all in the shit i may not like the tories but must say it could of been so much worse than were we are now yes labour can come in and spend loads and for 5 years look brill then win the next election as well but 7 or 8 years from now with a spend mad labour GOD HELP US
You are basing this on coalition lies that ignore economic facts.
When the coalition took over from Labour, the economy was already stable and recovering from a recession caused by world economic forces, not Labour mismanagement.
The ConLib coalition economic policies actually STALLED the recovery that was already in place when they took power for two years.
So you are trusting people who are factually proven to be worse at managing the economy than Labour. Good for you. "Oh how I love a bit of sarcasm | |||
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"might not like the tories but when you think of the state we were in 5 years ago could you have done better with no money in the bank and banks all in the shit i may not like the tories but must say it could of been so much worse than were we are now yes labour can come in and spend loads and for 5 years look brill then win the next election as well but 7 or 8 years from now with a spend mad labour GOD HELP US
You are basing this on coalition lies that ignore economic facts.
When the coalition took over from Labour, the economy was already stable and recovering from a recession caused by world economic forces, not Labour mismanagement.
The ConLib coalition economic policies actually STALLED the recovery that was already in place when they took power for two years.
So you are trusting people who are factually proven to be worse at managing the economy than Labour. Good for you. "It is a fact that the last 12 months in office labour increased their future spending plans beyond the country's means, knowing that the tories would have to scrap those plans, thereby making things look worse than they are. It is also a fact that there was no money left when the tories took over... due to labour's overspending. I lived through the Thatcher years, and they were truly awful. She sold council houses without replenishing them and took us to war she could have avoided, all to stay in power. For that alone, I could never vote Tory. I voted labour in 97. And Blair lied to take us to an illegal war, and has proven himself a true socialist since in amassing his personal fortune and paying very little tax. And opened the doors to mass immigration because immigrants are more likely to vote labour. And I listened to Brown tell us all that ' never again will there be boom and bust', and a few years later blaming everyone but themselves for the mess we got into. And I've seen the effects of power making the liberals dizzy. This election campaign has seen them tell lie after lie, promising us the earth knowing that they'll only deliver a road atlas, trying to out do each other on a daily basis, treating us, their paymasters, like fools. | |||
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"Danny Alexander is 'leaking' info on the Tory welfare cuts! Ooooh, it's getting nasty, get your handbags everyone! The cream is clotting. " No Danny Alexander asked for suggestions to reduce the welfare bill. On of the suggestions came from Ian Duncan Smith who suggested the cuts on child benefit. The suggestion was dismissed by David Cameron and George Osborne. It was never Conservative policy. But hey why let facts get in the way of scaremongering | |||
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"might not like the tories but when you think of the state we were in 5 years ago could you have done better with no money in the bank and banks all in the shit i may not like the tories but must say it could of been so much worse than were we are now yes labour can come in and spend loads and for 5 years look brill then win the next election as well but 7 or 8 years from now with a spend mad labour GOD HELP US
You are basing this on coalition lies that ignore economic facts.
When the coalition took over from Labour, the economy was already stable and recovering from a recession caused by world economic forces, not Labour mismanagement.
The ConLib coalition economic policies actually STALLED the recovery that was already in place when they took power for two years.
So you are trusting people who are factually proven to be worse at managing the economy than Labour. Good for you. "Alastair Darling and Brown actually did a pretty good job during the financial crisis, with the UK so dependent on the financial sector, a global crash was always going to have a big impact on the country. They had little option but to take the actions that they did. But you can argue that the structural deficit was already embedded in the policies that had been followed in the previous 13 years making the mess worse than it should have been, and making the slow painful process it has been. One just hopes that everyone has learned the mistakes of the past, but I fear not. | |||
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"The lady who cuts my hair came put with an interesting comment yesterday.......says she agrees with most of UKIPs manifesto but she's not voting for them. Wonder how many others are thinking the same I ask myself....." I guess that is the issue with a small challenger party, while people may like their policies, it is often the fear of the unknown which stops them voting for them. I thought Farage was good last night, although I wonder how many people actually stayed up to watch him? | |||
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"Possibly the EU conundrum may be sorted out anyway by the fate that awaits it. Sooner or later the whole thing will disintegrate into chaos. The Euro currency is built on sand and the Germans will soon have to decide if they want to prop it up anyway. I shouldn't hold your breath as once they start to realize the cost of propping it up is prohibitive, which they probably already have done it'll fall apart. voting UKIP is a wasted vote because probably what they are after will happen anyway. The EU is a busted flush, in my opinion. The next couple of years could be a bit scary if you have money invested in things like bonds and shares." Depends which bonds and shares you own.... | |||
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"might not like the tories but when you think of the state we were in 5 years ago could you have done better with no money in the bank and banks all in the shit i may not like the tories but must say it could of been so much worse than were we are now yes labour can come in and spend loads and for 5 years look brill then win the next election as well but 7 or 8 years from now with a spend mad labour GOD HELP US
You are basing this on coalition lies that ignore economic facts.
When the coalition took over from Labour, the economy was already stable and recovering from a recession caused by world economic forces, not Labour mismanagement.
The ConLib coalition economic policies actually STALLED the recovery that was already in place when they took power for two years.
So you are trusting people who are factually proven to be worse at managing the economy than Labour. Good for you. "How come the economy was stable when the coalition took over,as when labour left office in 2010, we as a country were borrowing 124 billion a year to pay for things? Thats hardly stable. | |||
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"might not like the tories but when you think of the state we were in 5 years ago could you have done better with no money in the bank and banks all in the shit i may not like the tories but must say it could of been so much worse than were we are now yes labour can come in and spend loads and for 5 years look brill then win the next election as well but 7 or 8 years from now with a spend mad labour GOD HELP US
You are basing this on coalition lies that ignore economic facts.
When the coalition took over from Labour, the economy was already stable and recovering from a recession caused by world economic forces, not Labour mismanagement.
The ConLib coalition economic policies actually STALLED the recovery that was already in place when they took power for two years.
So you are trusting people who are factually proven to be worse at managing the economy than Labour. Good for you.
How come the economy was stable when the coalition took over,as when labour left office in 2010, we as a country were borrowing 124 billion a year to pay for things? Thats hardly stable."Borrowing is only a problem if you can't service the repayments. As one of the richest economies in the world, we can, and were. That is the definition of stable, as the economy was growing, increasing our ability to increase our repayments and reduce debt. Of course, the coalition's austerity measures smashed that growth for two years into nothing, and we are now in an economy where growth at a level best described as notional is lauded as a success. The best trick the Tories have ever pulled is fooling a large part of the electorate into thinking they are fiscally prudent...when in fact they are fiscally reckless. Luckily for them, the voters are even more stupid than they give us credit for, as can be seen in this thread. | |||
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"might not like the tories but when you think of the state we were in 5 years ago could you have done better with no money in the bank and banks all in the shit i may not like the tories but must say it could of been so much worse than were we are now yes labour can come in and spend loads and for 5 years look brill then win the next election as well but 7 or 8 years from now with a spend mad labour GOD HELP US
You are basing this on coalition lies that ignore economic facts.
When the coalition took over from Labour, the economy was already stable and recovering from a recession caused by world economic forces, not Labour mismanagement.
The ConLib coalition economic policies actually STALLED the recovery that was already in place when they took power for two years.
So you are trusting people who are factually proven to be worse at managing the economy than Labour. Good for you.
How come the economy was stable when the coalition took over,as when labour left office in 2010, we as a country were borrowing 124 billion a year to pay for things? Thats hardly stable.
Borrowing is only a problem if you can't service the repayments. As one of the richest economies in the world, we can, and were.
That is the definition of stable, as the economy was growing, increasing our ability to increase our repayments and reduce debt.
Of course, the coalition's austerity measures smashed that growth for two years into nothing, and we are now in an economy where growth at a level best described as notional is lauded as a success.
The best trick the Tories have ever pulled is fooling a large part of the electorate into thinking they are fiscally prudent...when in fact they are fiscally reckless.
Luckily for them, the voters are even more stupid than they give us credit for, as can be seen in this thread. "This assumption only works if you can keep on refinancing the debt! If interest rates move up to long term averages our interest bill is going to skyrocket. | |||
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"I'm interested to learn what living within our means would entail?" Cutting £84bn. | |||
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"I'm interested to learn what living within our means would entail?" It means essential services for people who rely on them being cut by people who will never need to use them. | |||
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"I'm interested to learn what living within our means would entail? Cutting £84bn. " Not creating it? Interesting how our outlook has changed. | |||
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"I'm interested to learn what living within our means would entail? Cutting £84bn. Not creating it? Interesting how our outlook has changed. " That's very hard to do when they want to cut taxes at the same time. | |||
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"I'm interested to learn what living within our means would entail? Cutting £84bn. Not creating it? Interesting how our outlook has changed. " And interesting that is where the political battleground has been drawn. Tories believe that the gap can be eliminated by cutting spending, lowering taxes and generating and environment in which economic growth will prevail. Labour (and others) believes that borrowing will stimulate economic growth. This time next week we will have a clearer idea of which side of the debate has been more successful. | |||
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