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Osborne Loses It - Our Triple A Rating And Its Future

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Comments

  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Generali wrote: »
    It's also people in work who pay most of the tax: paying benefits to most people in work is just taking with one hand and giving with the other.

    The more I see how the Aussie economy works the more I think that increasing the minimum wage and cutting in work benefits is the way to go. People should pay their own way if they can and let's face it in normal times the vast majority of us are thankfully able to do so.

    I couldn't agree with you more.
    '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 Thatcher
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Wookster wrote: »
    They will borrow more, and oppose any tax rises. What could possibly go wrong?

    Labour know that cuts will have to be made. Borrowing unlimitless amounts of money isn't an option. At the moment happy for the coalition to make the difficult judgement calls.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Generali wrote: »
    The more I see how the Aussie economy works the more I think that increasing the minimum wage and cutting in work benefits is the way to go.

    Definate movement in the UK to increasing the single persons tax allowance to a far higher level. While letting more people fall into the 40% tax band.
  • pqrdef
    pqrdef Posts: 4,552 Forumite
    Fella wrote: »
    I guess nothing they're studying has clued them up to exactly who it is that'll be paying back that debt.
    When did governments start paying back debts?
    "It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite

    People who have never worked a day in their life have chosen to have 10 kids are demanding a big house, sky tv, holidays, Iphones.

    .

    That is a somewhat stereotypical charge. Do you know how many "families" fall into that sort of category? What sort of proportion that is to the total number of claimants?

    The majority of claimants work. Of the remainder many families subsist on low levels of benefit. London HB no doubt screws the equation but that isn't the fault of the recipients.

    Will the benefit cuts do much to affect the way of life of the small number of families you made up? I very much doubt it.

    All this division is great for our politicians because it keeps our eye off the real issues, like a tanking economy that is affecting many more than a few (relatively) rogue claimants.
    "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 Muruganantham
  • Fella
    Fella Posts: 7,921 Forumite
    1,000 Posts Combo Breaker
    pqrdef wrote: »
    When did governments start paying back debts?

    Well precisely. That's, um, the point I was making.
  • Fella
    Fella Posts: 7,921 Forumite
    1,000 Posts Combo Breaker
    BertieUK wrote: »
    So, every time you catch yourself telling a good excuse or putting the blame on others for a particular result, remember that you will not be taking responsibility for your outcomes and you’ll end up receiving more of the same in the future. When you accept the responsibility, questions begin to arise, such as: how can I do it differently, how can I get this or that result. In other words, you’ll start focusing on what really matters


    Sorry, I read that twice & still don't know what you're on about.

    If you can upgrade the quality of your argument to at least understandable, I'll be happy to respond.
  • Wookster
    Wookster Posts: 3,795 Forumite
    Thrugelmir wrote: »
    Labour know that cuts will have to be made.

    Disingenuous that they have opposed every single deficit reduction measure then.
  • A bit of gossip for us all - Evan Davies challenged Osborne on R4, he got flustered and embarrassed as he clearly didnt know anyone knew about the 'secret' money he had added in so that the debt didnt look as bad. Rumour has it poor brave Evan got a telling off but bbc are denying! (Not sure but i think they mean the profits from QE and 4G sales which hasnt even come in yet!) Anyway, expect to hear more.... it's all kicking off overnight.... more gossip here when I get it



    Frightened Broke Voters Dont Spend - Plan A = No Growth

  • All this division is great for our politicians because it keeps our eye off the real issues, like a tanking economy that is affecting many more than a few (relatively) rogue claimants.

    Divide and conquer is often shouted by the left but I have to say I was already sick to death of the situation 4-5yrs ago.

    The stat what did it for me was 80% of the jobs created went to foreign workers. There was also a documentery in Petoborough where the journalist asked british unemployed youths to take up jobs advertised in the agrculture fields and/or processing plants and they didn't want to know.

    Of course there are the ones who have lost their jobs and I want to support these workers but many stay on benefits because the life is not too bad. A baker in Doncaster was in the press recently saying he has vacancies he can't fill and when he does fill the roles they last 20mins or go home at lunch with illness. We have (and this is Labours mess), allowed folk to have zero responsibility, they are victims who believe they are entitled to errmm anything and everything. If some of them had just a bit of responsibility and they decided to improve 'their life' then they could instead they sit there blaming thatcher and others for their life.The other reason is plain laziness often caused by going to uni where lessons start at lunch and assignments can be done at the weekends leaving them to awake at lunchtime bless. Grrrrrrr
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