March Budget 2016

OldCoals said:
In order to pimp more money into flood defences I see Osborne has raised the levy on insurance premiums.

So the people who suffered in the floods will be hit twice, their premium will go up as will the levy that they inevitably pay.

Shocking.
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not really people that don't live around those areas have been hit more.
 
Moses said:
The education minister on Newsnight last night said spending was going up in real terms. Was he lying?
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Well depends if cpi represents is the true measure. lets say cpi was 1% now spending was 1.1 % take away cpi you have .1% increase now how much would that help?
anyway the CPI and RPI x are not the true representation of inflation. In fact what you pay the government you pay rpi when the government pays you they go by cpi lots of people haven't notice this, its a nice little earner.
 
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John40 said:
IDS has resigned over benefit cuts.
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I thought these were all changes he wanted?

Makes no sense.

Unless of course it is all a ploy to implement the cuts and then blame it all on IDS. So the Tory party achieves it's ideological goals and can divert any responsibility away from them. In which case IDS would likely be complicit in the plan.
 
I don't understand though. He thinks it doesn't go far enough and so has resigned rather than working to get more cuts on the table?
 
I like to give people the benefit of the doubt. Maybe even he has hit his limit on hitting the disabled. Whatever, it's very good news. I really cant see these cuts being made now.
 
Moses said:
No, he thinks these cuts shouldn't have been made, at least not given the overall circumstances. It's why loads of Tories are spacking... they don't like the idea of there being benefits cuts when the biggest winners from the package of changes announced on Wednesday are well off people. It plays too much to the narrative that the Tories are for the rich and hate the poor and disabled.
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He was defending them a few days ago?

http://www.independent.co.uk/news/u...night-disability-allowance-cuts-a6931951.html

Not sure where you are getting this view from.

As the Work and Pensions Secretary they are his cuts.
 
His resignation letter is brilliant, he flat out admits that austerity is ideologically driven:

I am unable to watch passively whilst certain policies are enacted in order to meet the fiscal self-imposed restraints that I believe are more and more perceived as distinctly political rather than in the national economic interest. Too often my team and I have been pressured in the immediate run up to a budget or fiscal event to deliver yet more reductions to the working age benefit bill. There has been too much emphasis on money saving exercises and not enough awareness from the Treasury, in particular, that the government's vision of a new welfare-to-work system could not be repeatedly salami-sliced.​
 
Well he's resigned after the bulk of all cuts have passed and with his name attached to them as the Secretary for the department.

You'll forgive me if I have no sympathy for him.

What's he been doing for the last 6 years? Does he only disagree with what has happened in the latest Budget?
 
The final paragraph is a proper kick in Dave and Gordon's goolies.

I hope as the government goes forward you can look again, however, at the balance of the cuts you have insisted upon and wonder if enough has been done to ensure "we are all in this together".
 
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