"British Tea Party" organises pro-cuts rally - May 14th

Everyone with even the semblence of a brain knows that if the government's income from taxes is less than what it spends, then borrowing is the only way to finance it's public spending shortfall.
The current budget deficit is around £27 billion every 3 months and the annual interest servicing on the borrowings of the previous government amounts to around the same figure as that of the whole of the UK military annual budget ( over £40 billion) !

You can only tax businesses and the rich to a certain point, after which it will be pointless for them to invest in this country any longer and they will take their investment elsewhere, which means even more unemployment and more tax burdens of those who are fortunate to have jobs!
You can't have a healthy public sector without a healthy private sector, the latter being the most important when it comes to providing jobs and income from exports!

It seems that the anarchists and extremists have no grasp of simple economics - we can't simply go on spending without making cuts to public sector spending.
If public spending isn't cut soon, most people on this forum with be paying the price for the next two decades and probably their children too!
 
scorza said:
And we should just take your word for that? Being a Conservative you obviously have a brain whereas the rest of us don't :rolleyes:
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Assumption.

I'm not a Conservative. I hold no particular political affiliation whatsoever. I am just as likely to support a Liberal or Labour policy as I am a Conservative one.

Because I have a brain and actually use it, I'm not blind-sided by ideological rhetoric. If something has merit then regardless of the political source, I'll support it.
 
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scorza said:
Oooh, a debt clock - scary.
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Thankfully not as scary as hooded vandels throwing bricks. But I guess we'll leave that for UKuncut.

scorza said:
Surely if they're going to congratulate Vodafone for being so awesome they should rename themselves the Tax Dodgers Alliance?
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Perhaps, or maybe they are sensible enough to realise Vodafone are doing everything above board and employing thousands of people and generally making a damn good contribution to this country.
 
lttlejoe said:
It seems that the anarchists and extremists have no grasp of simple economics - we can't simply go on spending without making cuts to public sector spending.
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Didn't you hear? All you need to do is:

-TAX THE RICH!!11
-TAX VODAFONE!!!11
-ARGHH RICH PEOPLE!!1

and all is sorted.
 
lttlejoe said:
It seems that the anarchists and extremists have no grasp of simple economics - we can't simply go on spending without making cuts to public sector spending.
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Too simple. You have entirely forgot about the word investment. Let's imagine the following happened to you PERSONALLY ..

1) You find an investment that will pay a 20% return
2) You find a lender that will lend you any money you want at 10% interest

Do you get into debt or not? How much debt would you get into? Me personally? I'd choose to go MILLIONS into debt and INVEST all the money. What about you? Would you remain debt free to save yourself those huge horrible interest payments? Or would you get yourself 'neck-deep' in debt? You see the problem with dealing just with headlines as dictated by the tories?

YOU are being too simple -- thinking very simplistically 'uh - more debt is bad. Less debt is good. Hoorah!'. First lesson in A-level economics we got told this certainly was not the case. Good headline for the conservatives to spin to Johnny thick public though as they equate government INVESTED debt with their own NON-INVESTED debt from when they bought a plasma telly :/


And of course - no-one knows whether 20 million debt is 'bad and needs sorting', or 20 billion, 20 trillion, 20 squillion or 20 gazillion. So people just believe the hype as what is 'bad' and what is 'ok' is purely (normally misinformed)opinion. The tories say 'er .. the current figure we declare is bad' and we all go 'oooh - apparently x is bad - bad labour - bad ..'.
 
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Luseac said:
This is not the Tea Party. It is sticking to the narrow issue of giving support to the principle of tackling the deficit swiftly to counter balance demand for the government to ease up on its programme. We do not specifically support the detail of the government's programme but merely the principle aim.
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Exactly. The US Tea Party is an ultra-conservative 'independence' movement and its dangerous to align any support of spending cuts to what is affectivley an extremist political group.

I personally don't approve of the governments plans for the financial management of the NHS but I more firmly agree that the correct way to escape crippling debt isn't to spend your way out or encourage the people to buy things they don't need with money they don't have.
 
A well mannered, polite rally for civilised people who don't wish to see their hard earned money being spent on pointless government initiatives and instead would like government spending to actually fall and our national debt to be cut.
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Pointless government initiatives like education and health care? I'm sorry but not all of us can afford tens of thousands of pounds a year to see our children educated and healthy. If these spending cuts are to continue we are in serious risk of turning out like America, great service if you are rich, terrible if you are not and no way out becasue without a decent education you cannot get a decent job.
 
britboy4321 said:
Too simple. You have entirely forgot about the word investment. Let's imagine the following happened to you PERSONALLY ..

1) You find an investment that will pay a 20% return
2) You find a lender that will lend you any money you want at 10% interest

Do you get into debt or not? How much debt would you get into? Me personally? I'd choose to go MILLIONS into debt and INVEST all the money. What about you? Would you remain debt free to save yourself those huge horrible interest payments? Or would you get yourself 'neck-deep' in debt? You see the problem with dealing just with headlines as dictated by the tories?

YOU are being too simple -- thinking very simplistically 'uh - more debt is bad. Less debt is good. Hoorah!'. First lesson in A-level economics we got told this certainly was not the case. Good headline for the conservatives to spin to Johnny thick public though as they equate government INVESTED debt with their own NON-INVESTED debt from when they bought a plasma telly :/


And of course - no-one knows whether 20 million debt is 'bad and needs sorting', or 20 billion, 20 trillion, 20 squillion or 20 gazillion. So people just believe the hype as what is 'bad' and what is 'ok' is purely (normally misinformed)opinion. The tories say 'er .. the current figure we declare is bad' and we all go 'oooh - apparently x is bad - bad labour - bad ..'.
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I've worked for myself since I was a kid ( ie: self employed) - no state help and I've never been in debt to the figure where I couldn't afford my borrowings which would have affected my standard of living.

In other words, I've always lived within my means to pay my bills and taxes!

Why should it be any different running a large business or country? It's simple and fundamental economics! It's the only way for the standard of living to rise for everyone in the country, especially those at the bottom of the ladder! Continued debt will depress future growth!

Do you really think that the Alliance would make themselves so unpopular with voters if they could do it another way other than cuts? What we are seeing is the result of gratuitous and wreckless over-spending by previous governments...it's not due to the fault of the Alliance...they only came to power less than a year ago!

And no..I'm not a Tory or Liberal....I'm a realist with a basic understanding of simple economics!
 
I don't know why they're bothering. It's going to look a bit pathetic if 1,500 turn-up, compared to the 250,000+ who turned up to the anti-cuts march.
 
lttlejoe said:
And no..I'm not a Tory or Liberal....I'm a realist with a basic understanding of simple economics!
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Well, no state help means you never used a traffic light, you never walked on a pavement, you never found a streetlight helpful at night. I somehow doubt that is the case. But I know what you meant ..

Now, your 'simple and fundamental economics' you keep harping on about are simply wrong. Every single big business in the country would go into debt if they knew they could invest the money and make more back than the debt + interest. Same with ANY government. THAT is simple economics.

Read the following sentence slowely: If I offered you £2000 within 1 week if you take out a £200 loan at 10% interest to give to me -- WOULD YOU GO £200 INTO DEBT FOR THAT WEEK OR NOT? If you answer not - sorry mate - you're the worst entrepreneur in the world! :)
 
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