cameron, what's he up to?
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The real Apache

Original Poster:

39,731 posts

314 months

Monday 17th January 2011
quotequote all
He says he wants the economy to grow, banks to start lending, people to take out loans, buy st and all that good stuff, great, that makes sense, so why bung up taxes? why increase fuel costs and VAT? why do all the things that will make the economy dry up? He clearly has no power whatsoever over the banks as they flip him the bird, slap each other on the back and award themselves another bonus, is he just a paper tiger?

Edited by The real Apache on Monday 17th January 22:25

Du1point8

22,938 posts

222 months

Monday 17th January 2011
quotequote all
The real Apache said:
He says he wants the economy to grow, banks to start lending, people to take out loans, buy st and all that good stuff, great, that makes sense, so why bung up taxes? why increase fuel costs and VAT? why do all the things that will make the economy dry up? He clearly has no power whatsoever over the banks as they flip him the bird, slap each other on the back and award themselves another bonus, is he just a paper tiger?

Edited by The real Apache on Monday 17th January 22:25
Or he understands that the banks need to operate the way they do and not to alienate the cash cow he has got in London.

you obviously havent read the other threads were people in the industry make a valid and reasonable debate as to why they are needed.

taxes need to go up to reduce this debt they have accrued.

Randy Winkman

22,619 posts

219 months

Monday 17th January 2011
quotequote all
Du1point8 said:
you obviously havent read the other threads were people in the industry make a valid and reasonable debate as to why they are needed.
I think we could all do that.

anonymous-user

84 months

Monday 17th January 2011
quotequote all
I'm not sure how this is going to pan out, and I don't buy their Britain will be Great again twaddle.

The thing is don't do anything and the Deficit gets worse or raise taxes, people don't have as much money, don't spend = loss of jobs & less tax revenues.

Who knows where this will all end up in 5 years time?

Victor McDade

4,395 posts

212 months

Monday 17th January 2011
quotequote all
Du1point8 said:
taxes need to go up to reduce this debt they have accrued.
Which is fine but we also need responsible spending to go with it.

The recent VAT rise is projected to raise £13 billion/year whereas our spending on overseas aid is £9 billion.

Where is the logic in that?

Why not slash the aid budget to say £2billion and limit the VAT rise to 18.5%?

Edited by Victor McDade on Monday 17th January 22:43

Police State

4,376 posts

250 months

Monday 17th January 2011
quotequote all
The real Apache said:
He says he wants the economy to grow, banks to start lending, people to take out loans, buy st and all that good stuff, great, that makes sense, so why bung up taxes? why increase fuel costs and VAT? why do all the things that will make the economy dry up? He clearly has no power whatsoever over the banks as they flip him the bird, slap each other on the back and award themselves another bonus, is he just a paper tiger?

Edited by The real Apache on Monday 17th January 22:25
Paper Tiger?...

Where would you place him in this alpabetical list in terms of 'realisable power'?

UK Armed Forces
British Parliament
European Parliament
International Banking System
National Police Force
Press & Media
Prime Minister
Rupert Murdoch
The Church
The Judiciary
The Monarchy
United Kingdon plc Creditors


1A

684 posts

192 months

Monday 17th January 2011
quotequote all
The core problem with the UK economy is that labour spent 13 years creating public sector jobs to mask the lack of private sector jobs they were failing to create. When a public sector employee is paid, all of his or her salary is funded by other people who have worked and then paid tax. This tax is then used to pay them. Even the tax the public sector worker pays is already 100% tax from someone else. The more public sector workers you have being paid directly from tax, the more private sector employees you need to pay the tax and create new money. What Cameron is trying to do is to move as much of our workforce as possible from public sector roles funded by tax to private sector roles funded by profit.

Tsippy

15,078 posts

199 months

Monday 17th January 2011
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I'd like to know when his war on the benefits career generation will start, they're the only ones at the moment who are not worried about their income or rising taxes and provide fk all to society irked

Sticks.

9,713 posts

281 months

Monday 17th January 2011
quotequote all
Getting back to the OP, are not an increase in VAT and Duty normally tools to depress an overheated economy, rather than increase revenue in a depressed one?

In a depressed economy, govt would normally reduce tax, stimulate growth and by doing so, increase revenue, wouldn't it?

1A

684 posts

192 months

Tuesday 18th January 2011
quotequote all
Sticks. said:
Getting back to the OP, are not an increase in VAT and Duty normally tools to depress an overheated economy, rather than increase revenue in a depressed one?

In a depressed economy, govt would normally reduce tax, stimulate growth and by doing so, increase revenue, wouldn't it?
It's not a depressed economy, we have growth. It's an economy saddled with excessive public debt that needs to be reduced before it can grow further. Very different things.

1A

684 posts

192 months

Tuesday 18th January 2011
quotequote all
Tsippy said:
I'd like to know when his war on the benefits career generation will start, they're the only ones at the moment who are not worried about their income or rising taxes and provide fk all to society irked
Unemployment most drop before you can threaten the lazy with a loss of benefits if they don't work.

Mojocvh

16,837 posts

292 months

Tuesday 18th January 2011
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I've just had the monthly gas/lekky bill go up from £120 to £204 so I would like to say that not only am I doing my bit for the kuntry with the increased VAT, rate I am also supporting all those non UK companies profits during the harsh Scottish winter.

Like f**k.

He's blown it. And as for the banks...................................

GavinPearson

5,715 posts

281 months

Tuesday 18th January 2011
quotequote all
Victor McDade said:
Du1point8 said:
taxes need to go up to reduce this debt they have accrued.
Which is fine but we also need responsible spending to go with it.

The recent VAT rise is projected to raise £13 billion/year whereas our spending on overseas aid is £9 billion.

Where is the logic in that?

Why not slash the aid budget to say £2billion and limit the VAT rise to 18.5%?
The benefit of raising VAT is that it effectively does the same job as raising interest rates, but sends revenue to HM Govt rather than banks. It also spreads the load on controlling inflation amongst consumers, rather than those who have a mortgage.

But why not slash the aid budget to zero, and eliminate a government department to go with it?

Charity begins at home and all that.

The real Apache

Original Poster:

39,731 posts

314 months

Tuesday 18th January 2011
quotequote all
Sticks. said:
Getting back to the OP, are not an increase in VAT and Duty normally tools to depress an overheated economy, rather than increase revenue in a depressed one?

In a depressed economy, govt would normally reduce tax, stimulate growth and by doing so, increase revenue, wouldn't it?
Exactly! it seems to be counter intuitive

andy400

11,755 posts

261 months

Tuesday 18th January 2011
quotequote all
1A said:
Tsippy said:
I'd like to know when his war on the benefits career generation will start, they're the only ones at the moment who are not worried about their income or rising taxes and provide fk all to society irked
Unemployment most drop before you can threaten the lazy with a loss of benefits if they don't work.
Stopping the useless from breeding would be a start.

Unfortunately, all the plans to achieve this that I come up with are a little 'Hitler-esque', and so unlikely to be implemented anytime soon.

JagLover

46,814 posts

265 months

Tuesday 18th January 2011
quotequote all
The real Apache said:
Sticks. said:
Getting back to the OP, are not an increase in VAT and Duty normally tools to depress an overheated economy, rather than increase revenue in a depressed one?

In a depressed economy, govt would normally reduce tax, stimulate growth and by doing so, increase revenue, wouldn't it?
Exactly! it seems to be counter intuitive
Keynesianism has its limits and that limit is determined by the financial markets.

V88Dicky

7,373 posts

213 months

Tuesday 18th January 2011
quotequote all
Spending around £20 Billion a year 'Combatting Climate Change' (ie stifling economic progress) isn't helping either. rolleyes

Cheers Ed Miliband, you cocktard.

Tsippy

15,078 posts

199 months

Tuesday 18th January 2011
quotequote all
andy400 said:
1A said:
Tsippy said:
I'd like to know when his war on the benefits career generation will start, they're the only ones at the moment who are not worried about their income or rising taxes and provide fk all to society irked
Unemployment most drop before you can threaten the lazy with a loss of benefits if they don't work.
Stopping the useless from breeding would be a start.

Unfortunately, all the plans to achieve this that I come up with are a little 'Hitler-esque', and so unlikely to be implemented anytime soon.
I think not giving out free houses and a £20k per year wage would be a good way of reducing the underclass breeding like rats.....

To stop the benefits culture I'd simply implement a food and fluid based system where essentials for living are exchanged for either vouchers or a swipe card which is topped up daily by the jobcentre, we'd soon see them change their lifestyles.

Agree on the climate change bks too, all it's doing is pissing billions of pounds up the wall while at the same time punishing the private sector into closures. I've mentioned on here before about the 15% environmental tax on all energy bills for manufacturing companies, it's a fking joke.

If I was Cameron I'd take the reduced income hit by either halving business rates or abolishing them (afterall this prevents many people from starting a business or employing extra staff) to allow the private sector to grow and then slash the public sector knowing that there was a growing private sector that many could move to. In addition I'd implement my benefits change as above and end all foreign aid until we're in a decent economic position ourselves. And climate ste can go fk itself too biggrin

Derek Smith

49,934 posts

278 months

Tuesday 18th January 2011
quotequote all
The real Apache said:
He says he wants the economy to grow, banks to start lending, people to take out loans, buy st and all that good stuff, great, that makes sense, so why bung up taxes? why increase fuel costs and VAT? why do all the things that will make the economy dry up? He clearly has no power whatsoever over the banks as they flip him the bird, slap each other on the back and award themselves another bonus, is he just a paper tiger?
He is merely following in the steps of other rather shallow prime ministers. The UK was in a considerably worse state in 1919 after WWI. We were broke. The government went on a 'slash everything' binge, similar to what we are going through now, and ended up nine years later owing considerably more. There was no invesment in producing wealth, which I sense is your criticism of Cameron. In some ways Cameron is worse than Loyd George. I would assume that LG would have attacked the likes of Top Shop's tax avoidance and Vodaphone would have paid a bit more of their debt.

There is an obvious need to stop wasting so much with government spending but cutting jobs, whilst worthwhile, is nothing compared to the absolutely tremendous costs of PFI, which seem to increase on a daily basis.

Cameron doesn't inspire me, nor does his cabinet. The best that can be said of the latter is that it doesn't include Harman - fair enough, a massive endorsement - but to be better than Brown's government isn't much of a recommendation. You could find an improvement in Starbucks.

We were considerably worse off after WWII, bankrupt in fact, and we came out of that, albeit after a bit of a struggle. But within five or six years the average family was much better off, even with rationing. The concentration then was for wealth creation. But then, of course, there was Bevin, Bevan, Dalton, and Morrisson, all led by Attlee. I have to say the present mob are a mere shadow of that lot.

We've had good, strong and inspired leaders in the past. I haven't always agreed with their policies but they were good for the country in their own ways. But come this time and the wrong man has come.

Edited by Derek Smith on Tuesday 18th January 11:34

jshell

12,106 posts

235 months

Tuesday 18th January 2011
quotequote all
V88Dicky said:
Spending around £20 Billion a year 'Combatting Climate Change' (ie stifling economic progress) isn't helping either. rolleyes

Cheers Ed Miliband, you cocktard.
Methinks Cameron can easily 'outgreen' the leftists!

Cameron will go too deep, too far and set us waay back. I've no love for Labour, but the ConDems are not makng a good job of this.

Another reason I'm outa the UK next month.