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Labour seen as more competent
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http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/8709598/Government-must-count-35bn-in-PFI-debt.html
So we have both parties adding to the national debt and both hardly running a balanced budget....ones as bad as the other..
I'll predict the parting shot before the next election...the tax allowance will be £10,000 and the higher rate of tax 40% wether the deficit is reduced or not...
Such a flawed idea by the treasury yet more plate spinning. We can borrow @ x% lets pay 2x instead:think:
Well I guess it will be nice to give the LibDems something, shame it has been eroded by inflation since it was first muted and is being clawed back.."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
grizzly1911 wrote: »Guess who started the ball rolling?
"Alistair Darling , warned that "apparent savings now could be countered by the formidable commitment on revenue expenditure in years to come".[6] Nonetheless, the Treasury considered the scheme advantageous and pushed Tony Blair's Labour government to adopt it after the 1997 General Election. Two months after the party took office, the Health Secretary, Alan Milburn, announced that "when there is a limited amount of public-sector capital available, as there is, it's PFI or bust".[6]Proponents of the PFI include the World Bank, IMF and (in the UK) the CBI.[8]
Both Conservative and Labour governments have sought to justify PFI on the practical[9] grounds that the private sector is better at delivering services than the public sector."
wiki
Colour coded as a clue.
I guess the private sector couldn't resist a gold plated quick buck.
So if he (and old Mr 'No more boom and bust') are such shining paragons of economic virtue, why didn't they stop it?
Why, instead, did they hit the throttle as hard as they could?0 -
So if he (and old Mr 'No more boom and bust') are such shining paragons of economic virtue, why didn't they stop it?
Why, instead, did they hit the throttle as hard as they could?
No doubt guided by the Treasury as was Mr Major..
Rationalising the NHS, to save money, into new central specialist hospitals needs new buildings and infrastructure to house them, for example.
Unfortunately as the latest census shows our country continues to grow. Infrastructure is needed to accommodate them.
As you keep telling me we get better value out of the private sector so it seems a logical route to take. HS2 was headed that way too.
The IMF and World Bank endorsed the approach apparently."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
grizzly1911 wrote: »No doubt guided by the Treasury as was Mr Major..
Rationalising the NHS, to save money, into new central specialist hospitals needs new buildings and infrastructure to house them, for example.
Unfortunately as the latest census shows our country continues to grow. Infrastructure is needed to accommodate them.
As you keep telling me we get better value out of the private sector so it seems a logical route to take. HS2 was headed that way too.
The IMF and World Bank endorsed the approach apparently.
But it's not that simple, is it? Earlier you were telling us that the nice Mr Darling was opposing it.
So which is it - good or bad?
You see, I don't have a dog in this fight. I think Major was an idiot and Brown not just an idiot but a deranged idiot. You are the one twisting and turning to score party points and trying to rewrite history.
PFI - bad under Major but good under Brown.
If were being polite I'd just call it twaddle.
Incidentally - there was no 'unfortunately' about the country (by which I take it you mean its population) 'continuing to grow'. That was your party's policy, too. There's no need to come over all coy. Labour was importing votes..0 -
But it's not that simple, is it? Earlier you were telling us that the nice Mr Darling was opposing it.
So which is it - good or bad?
You see, I don't have a dog in this fight. I think Major was an idiot and Brown not just an idiot but a deranged idiot. You are the one twisting and turning to score party points and trying to rewrite history.
PFI - bad under Major but good under Brown.
If were being polite I'd just call it twaddle.
Incidentally - there was no 'unfortunately' about the country (by which I take it you mean its population) 'continuing to grow'. That was your party's policy, too. There's no need to come over all coy. Labour was importing votes..
They are not my party.
As you say PFI is bad. It is you who keeps telling me that privatisation is good and central provison bad. It is easy to simply rubbish the people responsible for procurement but the suppliers are equally morally culpable for taking advantage.
People keep on criticizing labour for all the woes of this country. I happen to disagree, all parties of all persuasions, are equally flawed and have all let this country go to the dogs.
I don't believe open door immigration is good for this country either. Many other posters see it as the panacea to all our woes."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
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The general idea is about right but this bit p!55es me right off.
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However, Labour said the proposals "do not go far enough".
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Rather than a soundbite and some bluster mr & mrs politician tell us what you intend to do.
I'm sick of all the parties, when in opposition, just saying something is not good enough or "really bad" with no bloody idea what they really intend to do to make it just so or how they intend to fund it.
I'm now getting to the point where i believe that anyone who wants to be in politics to spew "sound bites" should be dragged out and pelted with fruit until they say they are very sorry.
(I'm having a day...)0 -
another Brownesk announcement
nice quote from Stephanie FlandersTo qualify, a project has to be perfect in every possible respect, but somehow not quite perfect enough to get up and running entirely on its own”End Quote
Stephanie Flanders Economics editor0 -
grizzly1911 wrote: »Tory increase 4.45 x in 20 years
Labour increase 2.15x in 10 years up to crisis
Any PI adjusted?
Doesnt matter what the % increase is really though does it.
If my income goes from £20k to £40k its 100% better. If it goes from 100k to 140k its only 40% better, yet its risen twice as much - and in pure money terms is much greater.
Whats more imprtant, is that in the Con years, the debt was on average 1/4 of what it is under the Lab years surly?0 -
Or PFI - one of the biggest swindles of them all! All that lovely 'investment' (NuLabSpeak) conveniently off the balance sheet.
Here we go again
The PFI was introduced in the early 1990s by the Conservatives. It involves private companies being appointed by public bodies to design, build and pay for capital projects such as roads, hospitals and schools. In other words, the private sector puts the money up front and the public sector pays an annual charge over the subsequent 30 years or so.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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