Autumn Statement 2014

So now we know how Osborne is funding the stamp duty cut - by £90bn of unannounced spending cuts: http://blogs.channel4.com/paul-mason-blog/spending-cuts-obr-ippr-exclusive-harsh-cuts-numbers/2665 Gideon the master of concealing the truth from his budgets.

He hasn't learnt his lesson yet - austerity doesn't work. Isn't Einstein's definition of insanity doing the same thing over and over again and expecting different results?

Yep cuts are killing services, where I work we are having To save £600k next year we are already over spent, and it's not even near April, due to massive increase in work. It's child protection how the hell can you cut it and not expect it to go wrong.
 
Yep cuts are killing services, where I work we are having To save £600k next year we are already over spent, and it's not even near April, due to massive increase in work. It's child protection how the hell can you cut it and not expect it to go wrong.

It's like looking after a house, you ignore the maintenance for a while but sooner or later the fact you're not fixing the roof and mending the gutters is going to push the fabric of the house into decay. Up and down the country, council services are being decimated in areas like child protection and early intervention. In every service, the front line is being propped up but behind it the rot is setting in. Even without further cuts we're already looking at a disaster in public services a few years down the line.
 
Isn't it already happening as revealed by the A&E figures showing that they have failed to drop back to a base level as a result of care budgets being hacked away?
 
It's like looking after a house, you ignore the maintenance for a while but sooner or later the fact you're not fixing the roof and mending the gutters is going to push the fabric of the house into decay. Up and down the country, council services are being decimated in areas like child protection and early intervention. In every service, the front line is being propped up but behind it the rot is setting in. Even without further cuts we're already looking at a disaster in public services a few years down the line.

yep whilst referrals and children in care go up the Tories making cuts, whats going to happen is we are going to end up looking at costs before taking actions which ethically is wrong. So what if it costs £5k a month for a fostering placement, if that child needs it to protect him/her from significant harm, then blow the costs!
 
This government and the previous government have completely failed in the task of creating an export led economy,
They've simulated gdp growth by borrowing more, the correction is going to mess up a lot of things and plenty of people will be complaining about it.
 
yep whilst referrals and children in care go up the Tories making cuts, whats going to happen is we are going to end up looking at costs before taking actions which ethically is wrong. So what if it costs £5k a month for a fostering placement, if that child needs it to protect him/her from significant harm, then blow the costs!

I completely see your point, but how do we fund public services to the level we want?

A lot of public services are feeling the pain atm, but it's fairly obvious there isn't enough money to go round - is there a solution? Or do we have to accept there is only a certain amount of money to go round?

I'm not saying I know the answer, seems we're stuck between a rock and hard place.
 
I completely see your point, but how do we fund public services to the level we want?

A lot of public services are feeling the pain atm, but it's fairly obvious there isn't enough money to go round - is there a solution? Or do we have to accept there is only a certain amount of money to go round?

I'm not saying I know the answer, seems we're stuck between a rock and hard place.

There's nothing wrong with borrowing money if it is spent on things that go back into the economy instead of just being hoarded. The government's projections on deficit reduction seemed to completely forget that hacking away at spending would dry up the tax take from the middle classes.
 
There's nothing wrong with borrowing money if it is spent on things that go back into the economy instead of just being hoarded. The government's projections on deficit reduction seemed to completely forget that hacking away at spending would dry up the tax take from the middle classes.

The individual is a far more efficient spender of money than the government and has a far greater multiplier affect. It is why there is a trend that the less government spending as a percentage of GDP, the faster the growth rate of the economy. How does the government spending less mean less money for the middle classes? It simply means they are taking less to start with. :confused:
 
It is why there is a trend that the less government spending as a percentage of GDP, the faster the growth rate of the economy.

The trouble with this trend is that it is utterly confounded by the fact that richer countries mostly have higher government spending. High levels of GDP growth mostly occur among countries with lower GDP/capita levels (e.g. the various tiger economies, China, etc.).

How does the government spending less mean less money for the middle classes? It simply means they are taking less to start with. :confused:

Because everybody but the rich benefits from higher spending governments. Government spending tends to spread the benefit more evenly than private spending.
 
Shirley you mean more wrong? :eek::eek::eek: It wasn't all rosey under Labour!

Well yes labour introduced a lot more red tape which takes time and means you need more people. But slashing budgets and then blaming workers when things go wrong isn't great either
 
Well yes labour introduced a lot more red tape which takes time and means you need more people. But slashing budgets and then blaming workers when things go wrong isn't great either

From the BBC

I find Ed Balls very good at saying what is wrong. But if my toilet's broken I want a plumber who can mend it, not one who will tell me "your toliet's broken". It's the same with the economy. We need a Chancellor who can mend it, not one who keeps telling us it's broken. Ed Balls isn't that man. Ed Balls is the man who broke the toilet.
 
What Ed Balls doesn't bother mentioning is that it was his old boss, The Prime Mentalist, that broke the toilet in the first place and poo through the UK's letterbox on his way out.
 
Nobody should be stupid enough to claim that a UK government caused the events of 2008, and neither should they be stupid enough to claim that they are able to avoid it happening again. The forces at work were/are much greater than the influence of the government of the little UK. The mud-slinging is completely offputting. Labour didn't put us in this position, they didn't set us up for a recovery, and the Tories haven't achieved anything that wouldn't have happened by itself.
 
Nobody should be stupid enough to claim that a UK government caused the events of 2008, and neither should they be stupid enough to claim that they are able to avoid it happening again. The forces at work were/are much greater than the influence of the government of the little UK. The mud-slinging is completely offputting. Labour didn't put us in this position, they didn't set us up for a recovery, and the Tories haven't achieved anything that wouldn't have happened by itself.

Aliens?
 
Nobody should be stupid enough to claim that a UK government caused the events of 2008, and neither should they be stupid enough to claim that they are able to avoid it happening again. The forces at work were/are much greater than the influence of the government of the little UK. The mud-slinging is completely offputting. Labour didn't put us in this position, they didn't set us up for a recovery, and the Tories haven't achieved anything that wouldn't have happened by itself.

It happened at a time when GordonBbrown had plundered the pension pot, flogged off all the gold on the cheap and one in every four pounds he spent was borrowed. the budget deficit was increasing on Labours watch.

Also, don't forget PFI billions of debt that didn't appear on the books, the NHS is crippled by it to this day.

And who were the Labour architects of the plan, Balls and Miliband.
 
Indeed, they are not perfect, they are a collection of babbling fools who destroyed the country, overspent, deregulated, and have awful memory issues, and two prize plonkers leading them.
If labour win the next election the British public deserve a meteor strike.

No, if UKIP win that's what people deserve. My liberal leanings point me towards the Green Party but they don't have a chance and thus I'd rathe have a party that protects vulnerable people services and other essential public sector services than one that uses the global financial crisis as an excuse to cut the Public Sector to the bone and attempt to privatise it.

The cuts to Fire Services for example are disgusting. A very small budget to begin with and such an essential service.

are you unaware who got us into this mess?

Yes, reckless bankers, but let's blame Labour because that's the cool thing to do. All Governments have made mistakes and the Tories have dropped some clangers too but it's all cool because they are 'cutting' the deficit and that's all that matters. Let us not worry about the NHS tanking and the decimation of the Public Sector. All those low paid workers losing their jobs, I mean they don't do essential work or anything...

Yes, the global economic crisis. The Tories then took a growing economy and tanked it for three long years, sucking billions out of the economy and out of government coffers.

But the Conservatives have made changes to Stamp Duty so all is forgiven. :rolleyes:
 
There's nothing wrong with borrowing money if it is spent on things that go back into the economy instead of just being hoarded.

Explain Please!!!! :D

Why do we need to clear the deficit? Why can't we just borrow and borrow? Do we not get interest payments on our debt as a country?

Am I being stupid or something, because surely the debt would just keep getting bigger and bigger if we kept borrowing money, which would make us as a state skint as we wouldn't be able to afford our payments to whom ever we borrow the money from? or is it that we are just borrowing money from ourselves and thus making our own currency weaker and thus making it more difficult for businesses to operate here, and thus we go full circle?
 
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