Gordon Brown can't add up

Labour - incompetent idiots
Conservatives - care about little more than lining their pockets. Two more words. Milk snatcher.
Lib Dems - haven't really given any solid policies. Liars.
Greens - care about the people, the planet and scientific advancement but their stand on animal rights may get in the way of this.
Legalise Cannabis Party - one hit wonder.
Monster Raving Looney Party - can't be any worse than the others tbh
BNP - hey, you know what was good? The 18th Century.
 
Superewza said:
Gordon Brown hasn't done anything to the economy, it was all set in motion by Blair (in this country at least).
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Just plain not true. Do really know so little about this country, or are you forgetting we have a Chancellor, who looks after the country's finances. Gordon Brown was this Chancellor for a decade year.

Barely scratching the surface here...

  • The Brown Bottom - Brown's sell off of half the UK's gold reserves http://burningourmoney.blogspot.com/2007/04/brown-bottom.html
  • Gordon Brown Helped Cause the Crisis http://online.wsj.com/article/SB124500992205413331.html
    • In relation to their long-term average, British house prices soared by 88.5% between 1997 and 2007, according to the OECD. In the U.S. the rise was 64.5%. Britain's household debt rose to 176.9% of disposable income in 2007 from 104.8% in 1997. During the same period, U.S. household debt rose only to 105.8% of disposable income from 64.3% in 1997. The increases in Germany and France were considerably lower.

      Gordon Brown tolerated and even encouraged the formation of these bubbles for several reasons. The traditional sources of Britain's economic strength, the mining and manufacturing industries, shrank during his term as chancellor. Total mining sector output, including oil and natural gas, dropped by 31% between 2000 and 2007. Total manufacturing production was stagnant during this period.

      Eager to achieve the illusion of steady progress in the overall economy, Mr. Brown needed the rapid expansion of financial services, and the real estate and business services industries. Their output soared by 48% and 33% respectively from 2000 to 2007, compared with 19% for the overall economy. Their combined employment level reached nearly 6.7 million in 2007, an increase of more than one million.

      Ignoring the inability of many house buyers to pay their mortgages, he touted this message to City bankers in successive annual speeches at the Mansion House in London, promising them "light-touch regulation."
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  • “Chancellor riding for a fall” - Adam Smith Institute report shows Labour’s economic incompetence, 2001 http://futurefairforall.org/post/484171383/chancellor-riding-for-a-fall-adam-smith-institute
  • Gordon Brown “run out of money”, “skating on thin ice” and “failed to heed signs of a slowdown” - 2005 (Ernst and Young Item Club) http://bit.ly/csLfJc
    • The group added that Mr Brown had failed to heed signs of a slowdown, and could not blame external factors such as rising oil prices for the problem.

      “The chancellor is blaming the UK economic slowdown on the recent spike in oil prices and the weakness of the European economy, but this is unrealistic,” the Item Club’s chief economic adviser Professor Peter Spencer said.


      “The simple fact is that he’d already run out of money this time last year,” Prof Spencer told BBC Radio Five Live.


      “These developments show just how flimsy the current budgetary framework is. Reform of the fiscal rules is long overdue.”
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  • Government’s “on a whim” and “rushed through” restructuring a waste of money - National Audit Office http://www.guardian.co.uk/politics/2010/mar/18/whitehall-reforms-waste-of-money
  • “[NHS] budgets being raided to solve financial deficits” - Professor Donaldson, Chief Medical Officer http://futurefairforall.org/post/455484973/nhs-budgets-being-raided-to-solve-financial
  • Tax payers lost £100m when Gordon Brown forced through discounted sale of QinetiQ despite contrary advice http://futurefairforall.org/post/454637251/tax-payers-lost-100m-when-gordon-brown-forced-through
  • Pension crisis blame pinned on Gordon Brown who abolished tax credits in 1997, cost pensions funds £100 billion http://futurefairforall.org/post/431053858/pension-crisis-blame-pinned-on-gordon-brown-who
    • In 2006, it was estimated that Brown’s pension stealth tax (the “pensions raid”) cost retirement funds upwards of £100 billion - approximately £100,000 retirement capital for every average pension saver (Telegraph, BBC).
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  • Treasury report (1997) into effects of Brown’s plans to abolish pension tax credit stressed dire consequences http://futurefairforall.org/post/432757500/treasury-report-1997-into-effects-of-browns-plans-to
    • The report stresses to the Chancellor Brown that the removal would have dire consequences for pension funds, pensioners and the equities market by 2004. This is exactly what happened.
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  • Gordon Brown’s defence spending untruths to Chilcot, “guillotined” budget, equipment shortages, novice economics http://futurefairforall.org/post/430224381/gordon-browns-defence-spending-untruths-to-chilcot
  • "Brown’s crafty reworking of the tax and benefit system targets not the worst off but families with children who can be cheaply levered up from just below the poverty line to just above it. In other words, it is constructed to hit a target without necessarily curing the problem." http://www.thisislondon.co.uk/stand...litics-turned-its-back-on-the-dispossessed.do
  • International aid budget diverted to the Trades Union Congress, “benefiting the domestic UK labour movement” http://www.policynetwork.net/accountability/news/how-tuc-benefits-foreign-aid
  • Gordon Brown not being honest about cuts, says Labour MP Tony Wright http://futurefairforall.org/post/411142714/gordon-brown-not-being-honest-about-cuts-says-labour
  • UK financial markets hit far harder in the “global” crisis than its counterparts
    • On March 17, 1998, the FTSE-100 index closed at 5834 points. On close on the 10th Febuary 2010, it was down 12%.
      Ah, says Mr Brown, this is a global crisis. All industrialised countries have been affected by recession. In which case, what has happened to their stock markets?
      ​
      • In France, the CAC index is down less than 1%
      • In Germany, the DAX is up 12%
      • In America, the DOW is up 15%
      • In Hong Kong, the HANG SENG is up 77%
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Superewza said:
Labour - incompetent idiots
Conservatives - care about little more than lining their pockets. Two more words. Milk snatcher.
Lib Dems - haven't really given any solid policies. Liars.
Greens - care about the people, the planet and scientific advancement but their stand on animal rights may get in the way of this.
Legalise Cannabis Party - one hit wonder.
Monster Raving Looney Party - can't be any worse than the others tbh
BNP - hey, you know what was good? The 18th Century.
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Vote lib for a hung parliament. That way we will get the best of all parties. Hopefully.
 
Superewza said:
Labour - incompetent idiots
Conservatives - care about little more than lining their pockets. Two more words. Milk snatcher.
Lib Dems - haven't really given any solid policies. Liars.
Greens - care about the people, the planet and scientific advancement but their stand on animal rights may get in the way of this.
Legalise Cannabis Party - one hit wonder.
Monster Raving Looney Party - can't be any worse than the others tbh
BNP - hey, you know what was good? The 18th Century.
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This is the problem with people, no idea how a country works.

Conservatives care about keeping rich people rich........ do you have any idea why? Its because the rich people, pay for almost everything in the country. Capitalism, especially the way the UK and US do it, are COMPLETELY reliant on the tax payed out by rich people.

This is what Labour conviniently forgets to tell you, lower taxes on rich people, more rich people making more money, means LESS money required from the poor, less budget deficit, less debt all around.

Taxing rich people, makes rich people leave the country, taxing rich companies, makes rich companies leave the country......... that leads to massive tax losses, which is made up by taxing the poor a higher amount.

Encouraging companies to grow, encouraging them to stay and encouraging them to create more jobs, is how strong economies grow.

So in essense the conservatives will make life better for uber rich people, which keeps them here, keeps their business's here, causes new jobs to be created here, causing a drop in numbers of people in fictitious and unrequired public sector jobs and people on social security, which leads to reduce budgets, increase income, a smaller defecit, less debt, less tax on poorer people, more jobs for poorer people......... oh how gosh darn terrible those conservatives are.

Except for Labour trying to convince everyone through short term lies that tax increases on the rich somehow reduce the tax bills on the poor, there is no proof of this. Every other country in the world is offering big business tax breaks and incentives, a reason to create more jobs in their country as opposed to elsewhere. Thats basically every country in the world trying to encourage companies to open up manufacturing plants, offices, anything to get more jobs in and more tax income. The UK is one of very few places actively pushing everyone away.

Increase profitability, which is what conservatives tend to be about, is good for every single person in the uk, the quicker people realise that, the quicker the country can start to act responsibly.

The first step is a massive campaign and lots of new measures to offer business's from all over the globe incentives to create new jobs in the UK. Every country in the world is playing the game of courting company CEO's persuading them they'd be best off opening a factory in their country, its about time we got in on the game and tried to create some new jobs here.
 
magick said:
If i'm right the poorest 10% also pay around 25% of the nations taxes and they are taxed by a much higher proportion of there income than the richest 1%.
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evidence to back this up?
I was under the impression that the poorest 10% pay considerably less
 
Jeez, what worries me is that the loony left (remember that phrase :D) work on nothing but assumptions and FUD and pluck facts out of the air without any proof. They can't even get the maggie facts right, if i hear milk snatcher one more time..... yeah like we are a nation of rickets suffers :rolleyes:
 
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