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the snap general election thread

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  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It has just been announced that Vince Cable has become the Liberal Democrat leader, being elected unopposed.
    Well, who else was there realistically?

    A backward step.
  • BobQ
    BobQ Posts: 11,181 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    Not quite got it still.

    Why are Labour seem unable to say simply they would fund it via tax rises?
    Of course that may be because they were already planning large tax rises to fund every other manifesto dream; that even they realise that further taxes would be damaging to the UK.

    New Policy?
    This is a new direction and I'd assume from your posts, a welcome departure? Or are you simply so blindly in favour of Labour being in power, you would resist anyone else doing anything you'd want Labour to do?

    I cannot imagine Corbyn listening to British business saying do not rack up corporation tax as a) it won't raise what he claims and b) it will damage our competitiveness (esp. during Brexit). Oh no, sorry he has already indicated he isn't willing to listen...

    Are you talking out load or from your posterior.

    Labour made it clear that they would end future student debt and how that would be funded. Corporation tax is quite low so increasing it should not be an issue as it will be less than our average competitors.

    Labour said that getting rid of all student debt was an aspiration not a commitment.

    Brexit is an issue I agree, As anyone who has ever shot themselves in the foot will know. Running is rather difficult and painful for quite a while. Whether corporation tax being a few % higher changes that is doubtful. We have far bigger issues to resolve, which is probably why Corbin cannot address existing debt
    Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
  • Fella
    Fella Posts: 7,921 Forumite
    1,000 Posts Combo Breaker
    BobQ wrote: »

    Labour said that getting rid of all student debt was an aspiration not a commitment.

    No, that's what they're saying NOW.

    Corbyn said he would "deal with" existing debt.

    Everybody I've ever met understands the meaning of the expression "Deal with". Except Corbyn apparently, and all of his followers.

    There are approx 5 million people with existing student loans. I imagine his lies on this topic generated a lot of votes.

    A lot of votes he won't get again.
  • Fella
    Fella Posts: 7,921 Forumite
    1,000 Posts Combo Breaker
    For those who don't remember the precise background, the reason Corbyn said he'd deal with existing student debt is that as soon as he announced his bribe to new students, existing students reacted with outrage. Corbyn's lot realised to their horror that they'd just p*ssed off a far bigger group than the relatively small group they'd just bribed, & reacted with a fake promise to the other 5 million.

    This kind of article sums it up:

    http://www.huffingtonpost.co.uk/entry/jeremy-corbyns-abolish-tuition-fees-outrage-graduates_uk_59228fefe4b03b485cb28f8a
  • Fella
    Fella Posts: 7,921 Forumite
    1,000 Posts Combo Breaker
    Fella wrote: »
    For those who don't remember the precise background, the reason Corbyn said he'd deal with existing student debt is that as soon as he announced his bribe to new students, existing students reacted with outrage. Corbyn's lot realised to their horror that they'd just p*ssed off a far bigger group than the relatively small group they'd just bribed, & reacted with a fake promise to the other 5 million.

    This kind of article sums it up:

    http://www.huffingtonpost.co.uk/entry/jeremy-corbyns-abolish-tuition-fees-outrage-graduates_uk_59228fefe4b03b485cb28f8a

    LOL at this Tweet which sums up the greed & self-interest nicely:

    "Wait, so i'll be paying my tuition fees back AND paying for other people's tuition through Labour's plans? Great. Cheers lads."
  • BobQ wrote: »
    Are you talking out load or from your posterior.

    Labour made it clear that they would end future student debt and how that would be funded. Corporation tax is quite low so increasing it should not be an issue as it will be less than our average competitors.

    Labour said that getting rid of all student debt was an aspiration not a commitment.

    Brexit is an issue I agree, As anyone who has ever shot themselves in the foot will know. Running is rather difficult and painful for quite a while. Whether corporation tax being a few % higher changes that is doubtful. We have far bigger issues to resolve, which is probably why Corbin cannot address existing debt
    "Out load?" You made me laugh out "load"

    Your rudeness belies your own ignorance.

    You plainly haven't the faintest idea that even Corbyn says he has not funded the student debt thing yet!

    The corporation tax money is already allocated to other initiatives, even though it won't be collected in the volume calculated.

    Although, I can see that you think nothing of budgeting to spend the same money twice over. Go to the same school as Diane A?
    I am just thinking out loud - nothing I say should be relied upon!
    I do however reserve the right to be correct by accident.
  • So BobQ up above you say

    "Labour said that getting rid of all student debt was an aspiration not a commitment.
    Originally posted by BobQ"

    Then just above you say
    "Labour made it clear that they would end future student debt and how that would be funded. Corporation tax is quite low so increasing it should not be an issue as it will be less than our average competitors."
    Just posted by BobQ

    So as those two statement are at totally at odds with each other which is it to be - talking out of your ____ as you accused me of doing or simply clueless?
    I am just thinking out loud - nothing I say should be relied upon!
    I do however reserve the right to be correct by accident.
  • BobQ
    BobQ Posts: 11,181 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    Fella wrote: »
    No, that's what they're saying NOW.

    Corbyn said he would "deal with" existing debt.

    Everybody I've ever met understands the meaning of the expression "Deal with". Except Corbyn apparently, and all of his followers.

    There are approx 5 million people with existing student loans. I imagine his lies on this topic generated a lot of votes.

    A lot of votes he won't get again.

    I'm not a follower of Corbyn but on this his heart is in the right place. He may have been vague in his reply but "deal with" means just that.

    The debt is to the Government so they can if they wish restructure it, set the interest rate to zero, raise the income at which it is levied or the % of income repaid. It is a bit like a graduated income tax so they could make it one and then tax graduates at a rate that depended on their current income. They could even just increase graduate employer's NI contributions.

    Any of the above would be dealing with the problem as a long term strategy.

    Another approach might be to target scarce skills. Give a tax subsidy to employers so that they could pay off the loans of graduate employees in return for them committing to a five year contract.
    Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
  • BobQ
    BobQ Posts: 11,181 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    So BobQ up above you say

    "Labour said that getting rid of all student debt was an aspiration not a commitment.
    Originally posted by BobQ"

    Then just above you say
    "Labour made it clear that they would end future student debt and how that would be funded. Corporation tax is quite low so increasing it should not be an issue as it will be less than our average competitors."
    Just posted by BobQ

    So as those two statement are at totally at odds with each other which is it to be - talking out of your ____ as you accused me of doing or simply clueless?

    I did not originally post one and then Just post another statement they were part of the same post (which you then quoted exactly)

    The two sentences are consistent, Labour said it would end future debt by abolishing the loans from the day they took office.

    They did not say they would get rid of all student debt (ie debt that already exists).

    It really is not difficult. Stop playing the man and listen to what Labour said in its manifesto
    The average student now graduates from university, and starts their working life, with debts of £44,000.
    Labour will reintroduce maintenance grants for university students, and we will abolish university tuition fees. University tuition is free in many northern European countries, and under a Labour government it will be free here too.

    Nothing about previously accrued debt. Obviously if you think it is a scandal that students have accrued such debt levels it lbe an aspiration to ameliorate that situation but that was not Labour's commitment.

    Obviously if you can see such a commitment in the manifesto, please quote it.
    Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
  • BobQ
    BobQ Posts: 11,181 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    The corporation tax money is already allocated to other initiatives, even though it won't be collected in the volume calculated.

    Although, I can see that you think nothing of budgeting to spend the same money twice over. Go to the same school as Diane A?

    The Labour Manifesto annex made it clear what their spending commitments were (48bn) and what tax measures would fund them (48bn). I have no way of knowing how accurate these figures are but neither do you.
    Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
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