We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Its All Kicking Off Outside Tory HQ
Comments
-
Nic Clegg has already stated that they were not aware of the extent of the mess Labour had left the finances in. He also said that he is not in power, but in partnership with the Tories and that there has to be compromise.
As an aside, this morning on the radio, the Labour shadow minister was saying that the Tory/Lib plan to get people off benefits and into jobs wont work - there are "5 jobless people chasing every vacancy in this country".
Now, correct me (Im sure some of you will) but wasnt the Labour reason we were allowing millions of immigrants in because there were TOO many jobs vacant??
Think you have hit on the thing that is not allowed to be spoken.0 -
Nic Clegg has already stated that they were not aware of the extent of the mess Labour had left the finances in. He also said that he is not in power, but in partnership with the Tories and that there has to be compromise.
Which is a lie. Everyone was fully aware of the state of public finances before the election. The forecasts the treasury made as to the size of the budget deficit were, indeed, wrong. The deficit was SMALLER than predicted.
I'm going to call it how it is: Nick Clegg is a liar, and is treating us like fools.
Further, this policy has absolutly nothing to do with fixing the budget deficit: it will only start to save money 4 years after its introduced, which means that according to government forecasts, it will only save money when the budget deficit has been eliminated.“The ideas of debtor and creditor as to what constitutes a good time never coincide.”
― P.G. Wodehouse, Love Among the Chickens0 -
I was a student in 2002-2005 (pre-tuition fees). Even though it didn't affect me I protested against it because I think shouldering young people with huge debts is wrong.
But they have a choice, they aren't forced to go to University.
Why should the tax payers(including low earners) subsidise University education for people who over their working lives will earn far more than they do?, on average something in the region of £100k over their working life.
Look at it like this, all tax payers are entitled(at present) to a state pension and if they want a bit more for their retirement then they need to make provision for it and pay extra.I see very little difference as people should not expect the state to pay for "all the little extras " we may like, people expect far too much from the state.
I agree that Graduates will pay more in taxes over the long term but many,many won't stay the course at Uni and not get these highly paid jobs.0 -
Nick Clegg is a liar? Well, Id rather have him lying to us than some of the other b******s.
As Ive said above, I was over the moon I could put my kids through uni with help from loans and saving hard - we had no opportunities like that when I was young. My kids are paying off loans/ fees out of their salaries - very good salaries I would add - and at a rate so low that it hardly hurts them.
Be grateful you have a chance to get a higher education - think of your contemporaries who have been shelf stacking or on the dole for the five or more years you have had the chance of studying and a lifestyle beyond their dreams.0 -
Which is a lie. Everyone was fully aware of the state of public finances before the election. The forecasts the treasury made as to the size of the budget deficit were, indeed, wrong. The deficit was SMALLER than predicted.
I'm going to call it how it is: Nick Clegg is a liar, and is treating us[STRIKE] like fools[/STRIKE] with contempt.
I've amended it to display how I feel it is...It's getting harder & harder to keep the government in the manner to which they have become accustomed.0 -
leveller2911 wrote: »But they have a choice, they aren't forced to go to University.
Why should the tax payers(including low earners) subsidise University education for people who over their working lives will earn far more than they do?, on average something in the region of £100k over their working life.
Look at it like this, all tax payers are entitled(at present) to a state pension and if they want a bit more for their retirement then they need to make provision for it and pay extra.I see very little difference as people should not expect the state to pay for "all the little extras " we may like.
On average, university education costs £21k. Students earn, on average £100k extra during their employment. This, by my calculations, means on average they will pay £40k more tax over their lifetime, since the majority of the extra money they earn will be paid out at the higher rate of tax.
So in other words, the state gets more tax income from graduates than its cost to give them their education, graduates in fact subsidise low wage earners.“The ideas of debtor and creditor as to what constitutes a good time never coincide.”
― P.G. Wodehouse, Love Among the Chickens0 -
How is Nick Clegg a liar anyway? He has gone back on his word. It may be dishonourable but not lying.0
-
On average, university education costs £21k. Students earn, on average £100k extra during their employment. This, by my calculations, means on average they will pay £40k more tax over their lifetime, since the majority of the extra money they earn will be paid out at the higher rate of tax.
.
Cor, I hope you arent doing an accountancy degree
0 -
-
How is Nick Clegg a liar anyway? He has gone back on his word. It may be dishonourable but not lying.
He is a liar because he says he was not aware of the state of the public finances before the election. You have a choice: he was a liar or a fool.
I was aware of the state of the public finances before the election. Every single person on this board was aware of the state of the public finances before the election. You would have to be beyond stupid not to know the state of the public finances before the election. All you needed to do was turn the news on, and the news would tell you the state of the public finances before the election. The only difference was that, in fact, the economy has performed better than predicted since the election, and so public finances are better than predicted.nomoreboomandbust wrote: »Yup, bit of a "back of a fag packet" calculation
I said most of the income earned would be at the higher rate, certainly not all of the extra earned. In addition, not all graduates stay in the UK, or pay UK taxes. I am not doing an accountancy degree, or any other degree. I already have it. It was a first class honours in software engineering.“The ideas of debtor and creditor as to what constitutes a good time never coincide.”
― P.G. Wodehouse, Love Among the Chickens0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards