Cannot believe it. Ed Milliband preaches about a generation priced out.

1984ReturnsForReal_2

Wookster wrote: »

I understand you have huge issues with the Tories.

But can you at least accept that Labour badly equipped the UK to deal with the crisis?

I have huge issues with all the parties.

But I am also fully aware the deregulation of banking was what paid for Labour getting elected in the first place. I am also fully aware that the Conservatives would also have done it at some stage given the chance.

Labour spent tax money & didnt save it for a rainy day & built up day to day expenditure to a dangerous amount.

What do you think would of happened to that rainy day money if the Tories were in power at the time? I will tell you what. Tax breaks for the rich & tax breaks for business.

The thing is that money would not have ended up in the rainy day pot & it is only the original instant 2007 deficit that would have been slightly affected. Not the resulting additional £800bn debt. So all in all what are we talking about? Under the Tories we would of had circa £200bn less debt? Is this what I with Labour & you are with the Cons argument all about?

What the Tories are doing is damaging the prospects of future Tax revenue. Soon that £200bn will be cut to nothing & you will be able to compare the financial position difference between what would have been under the Tories to that of Labour to a weeks Tesco wages.

I do not give much of a toss for any of them but I can look at things in a realistic manner as opposed to believing the spin & party political broadcasts.

Ihatecameron

You will always have a Labour or Conservative government. Voting is a bit like choosing how to be executed, do you want to be shot or hanged, either way it makes no difference. The fact that we even have an opposition party is ridiculous, Labour couldn't do anything right when they were in power, what the hell use are they now when they are not in power. The Tories were exactly the same, in or out of power, completely useless.

1984ReturnsForReal_2

Ihatecameron wrote: »

in or out of power, completely useless.

No experience. No knowledge. No understanding of anything apart from being a career politician.

Totally useless at pretty much everything practical. All of them.

Generali

1984ReturnsForReal wrote: »

What do you think would of happened to that rainy day money if the Tories were in power at the time? I will tell you what. Tax breaks for the rich

But that's not the reality of Tories in power. The vast majority pay basic rate tax only. The last lot cut that from, what was it 30% to 22%? Something like that. The 'big cuts' in tax for the rich mostly meant they paid more tax. The highest earners paid a far higher percentage of their incomes in tax after Lawson's budgets than in 1979.

1984ReturnsForReal_2

Generali wrote: »

But that's not the reality of Tories in power. The vast majority pay basic rate tax only. The last lot cut that from, what was it 30% to 22%? Something like that. The 'big cuts' in tax for the rich mostly meant they paid more tax. The highest earners paid a far higher percentage of their incomes in tax after Lawson's budgets than in 1979.

The point is not talking about 30 years ago when everything was different.

There would have been no magic pot of money under the Tories & the only way out would have been to massively hike tax.

& the resulting deficit would be near enough the same under each Party in 2012/2013 at this rate.

CLAPTON

well, it seems to me that overall, taking everything into account and realising that wealth and income are somewhat unevenly distributed that in fact we are actually fairly well off
that is comparing us with 10 or 20 years ago and most countries in the world things aren't bad really

as that chap said, never had it so good.

markharding557

What it does show is this,there isn't really that much difference between them except the job of pm cameron has it,milliband wants it and that is all

Degenerate

Graham_Devon wrote: »

This, from the leader of the labour party. The labour party who, while running the country, oversaw a housing boom such as we have never seen before.

Perhaps one day the anti-Labour housing bears will get it into their thick skulls that the Labour party did nothing to encourage the housing boom, they simply declined to indulge in the sort of massive market intervention that would have been necessary to prevent it. The sort of market intervention that would also have been anathema to the Tories. The Tories who will also be restricting supply further with their pro-NIMBY policies.

As for Milliband's comments, they were about the effects of ConDem economic masochism on young people more than they were about the housing market.

Wheezy_2

Degenerate wrote: »

Perhaps one day the anti-Labour housing bears will get it into their thick skulls that the Labour party did nothing to encourage the housing boom, they simply declined to indulge in the sort of massive market intervention that would have been necessary to prevent it. The sort of market intervention that would also have been anathema to the Tories. The Tories who will also be restricting supply further with their pro-NIMBY policies.

Quite true, Degenerate.
Perhaps the OP can tell us what policies or proposals are on the table with the current government to make it easier on FTB's to enter the market or to prevent any future housing booms?
Not expecting an answer to this as it's the same old same old 'Labour this, Labour that' coming from the poster whining a few days ago about 'Tories this, Tories that'.
Hypocrite.

Graham_Devon

Wheezy wrote: »

Quite true, Degenerate.
Perhaps the OP can tell us what policies or proposals are on the table with the current government to make it easier on FTB's to enter the market or to prevent any future housing booms?
Not expecting an answer to this as it's the same old same old 'Labour this, Labour that' coming from the poster whining a few days ago about 'Tories this, Tories that'.
Hypocrite.

Well not that I agree with everything he says, but, well, things are actually going on.

Mortgage brokers are wary about the controls that could be used by the Government to try to bring about housing market stability.
Earlier this week, housing minister Grant Shapps told The Observer he wants a period of “house price stability”, where prices rise below the rate of earnings to make property more affordable, especially for young people.

http://www.moneymarketing.co.uk/shapps-call-sparks-fears-at-government-house-price-control/1024179.article

We've also got the cap on housing benefits, which should stop rents getting out of hand.

I have no problem with answering a straight forward question

I assume the hypocrite tag can now be removed?