There was only ever a snowball in hell chance of these incompetent lying liars ever producing a budget to help us through the current malaise, so I am not too surprised at what Brown's glove muppet produced today. The borrowing tells you all you need to know about the true state of our finances. The problem is that figures with several naughts on the end do not really impinge on people's consciousness - they're just huge, unimaginable numbers that do not seem to connect to them. They will do - but not quite yet. The shyster-in-chief has carefully held back as much bad news as he can prior to an election. Obviously there are tax increases on beer and fags and petrol, but everyone expects that as a matter of course, and there is the obviously futile increase in the taxation of those earning over £150k pa, futile, of course, because everyone outside of the dimmer tranches of the Labour party knows that the only definite result will be that the government will collect less tax, not more, because rich people know how to avoid it and the more you make it worth their while to make efforts to mitigate their tax burden the more they will do it.
I say again, the worst news is yet to come, and that makes me wonder when the one-eyed twister will call an election. He has to have a budget review in the autumn, and they might, just, be able to keep a lid on it for that long, but this time next year he will have to announce another budget, and by then 'truth will out'! This political crook and his henchmen will continue to ramp up government borrowing to the very limit in order to achieve one of two results. Either, they use the borrowings to bribe the voters and thus squeeze back into government in which case their motto is 'sufficient unto the day there-of'; or, they lose but leave the Tories floundering in a sea storm of debt which will only be coped with by draconian measures, that is, not just cuts in government spending but wholesale amputations of major limbs up to, but not excluding, the privatisation of the NHS. Either that, or increases in taxation for everyone, individuals and businesses, on such a scale that Labour will stand a chance of returning five years later as, wait for it (and have a sick bag to hand), the party of compassion!
There is a way out of this mess if Cameron has the guts to do it, and that is - cut taxes! I mean really slash them down; better still, go for a single taxrate for everyone with no tax exemptions. (The sight of tax consultants queuing up at the labour exchange will cheer everyone up!) Yes, cut government spending to the bare minimum as well, but tell people that they are being given their own money back and that from now on they are responsible for themselves. To put it in a nutshell, turn this country into another HongKong. Will he do it? Will he hell!
"...There is a way out of this mess if Cameron has the guts to do it..."
Yes, well. I think we all know how that'll work out.
I have no doubt they'll form the next government, mind you. I think it'll be on the basis of people voting Labour OUT, rather than the Tories IN, though.
Posted by: JuliaM | Wednesday, 22 April 2009 at 17:07
Yes, you're right, Julia, but I just hope the Great British Public votes them out on a suitably humungous scale by way of punishment and perhaps, who knows, 'pour encourager les autres'!
Posted by: David Duff | Wednesday, 22 April 2009 at 18:41