Haircut fears

bigadaj

atush wrote: »

Personally, I am NOT worried about a haircut.

If that came to pass here in the UK, our situation would be that I would be laying in canned goods and ammo. And storing water. Putting in a wind turbine etc.

A little over dramatic perhaps.

The introduction of what would presumably be a one off tax on assets held wouldn't automatically represent a mad max world.

Glen_Clark

redmalc wrote: »

Benefits must be sorted and especially this ridiculous situation with kids having kids and getting accommodation

Since rents have risen above the basic wage, having kids to get housing benefits is the only way some people can get their own place.
We need to bring housing costs back into proportion to wages so they can pay rent out of their wages instead of benefits.

Linton

bigadaj wrote: »

A little over dramatic perhaps.

The introduction of what would presumably be a one off tax on assets held wouldn't automatically represent a mad max world.

I dont believe a one-off tax on long term sterling assets would provide any short term financial benefit anyway, it would merely move entries in a database from one location to another. Easier just to print the money. Cyprus's problem was that, being in the Euro, that's what it couldnt do.

atush

bigadaj wrote: »

A little over dramatic perhaps.

The introduction of what would presumably be a one off tax on assets held wouldn't automatically represent a mad max world.

Personally i think it would.

AS with QE, and politicians needed/wanting to be re-elected, It would be a very dire situation indeed for a haircut to even be considered.

EdGasket

The older you get the less there is to cut; however I don't see barbers reducing their charge proportionately; shameful.

Malthusian

bigadaj wrote: »

A little over dramatic perhaps.

The introduction of what would presumably be a one off tax on assets held wouldn't automatically represent a mad max world.

Before the government considered a one-off tax on personal assets, the following things would have to happen:

• The UK would have to become totally unable to obtain credit on the world markets. (Bear in mind that our debt is currently AA-rated and before we even reached junk bond status our creditworthiness would have to be worse than Suriname and Paraguay.)
• The pound would have to become totally worthless - I'm not just talking in foreign exchange terms, I'm talking everyone in the UK buying their day-to-day goods in dollars, euros or shiny beads. (Until this happens, the UK government can simply print money.)
• The rich and private industry would have fled the country en masse, so our usual targets for tax rises - higher earners, corporations, pension funds and other stealth taxes - aren't there to be taxed. (We used to have a top rate of income tax of 97% and some of them still stuck around.)

This most certainly is a canned beans and shotguns world.

Malthusian

EdGasket wrote: »

The older you get the less there is to cut; however I don't see barbers reducing their charge proportionately; shameful.

They're barbers, not sheep-shearers. The job of a barber is not to cut your hair off - you can do that yourself at home. The job of a barber is to make your hair look nice afterwards. And sometimes the less of it there is, the more difficult the job, so be thankful they aren't charging you more.

Barbers are not lawyers. They charge per product (an evenly trimmed head), not per minute.

EdGasket

Malthusian wrote: »

They're barbers, not sheep-shearers.

The after-effects are the same!

Dird

Malthusian wrote: »

They're barbers, not sheep-shearers. Barbers are not lawyers. They charge per product (an evenly trimmed head), not per minute.

And yet they charge women more; where are the feminazis when we need them

Gadfium

Dird wrote: »

And yet they charge women more; where are the feminazis when we need them

It's more likely that wimmin pay them more. After all, if most of us men would pay more than a tenner per month I am sure that a short,back and sides would be more expensive.