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Trump has managed to get some nations to stump up a bit more dosh. Why are Germany paying well below 2%? |
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In yet another demonstration of unity with Dianne Abbott it seems our 'not really a Marxist' Shadow Chancellor doesn't quite know how big the deficit is.
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I wonder if the source of his mystery papers was the same one that could be clearly heard whilst Ms Abbott was struggling to cope with some very basic questions about the party's pledge to recruit more police a couple of weeks ago. :D Listen to him squirm here: https://order-order.com/2017/05/16/w...-deficit-note/ Labour and numbers - they just don't add up. |
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Labour's plan for 30% corpoaration tax is going to make Ireland's 12.5% look very attractive to big business whereas smaller businesses that have already been hard hit by revalued business rates, cannot re-locate and are struggling are likely to go under.
The current rate here around 20% on many £billions is better than 30% of diddley squat. It happened under Labour in the 70's with the resulting mass unemployment and rocketing interest rates. Under Corbyn's . Labour it would happen again only much worse. The last few years in France and more severely Venezuela, should be a lesson to all. Could you afford your mortgage with a 15% interest rate? |
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Doesn't look like Corbyn's planning to reverse all those terrible benefit cuts imposed by the nasty evil Tories that he's spent years moaning about. I wonder why not.
http://www.telegraph.co.uk/news/2017...se-axe-freeze/ |
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I'd say that's a start at least. It'll be interesting to see what the Tories are going offer those that really need help. Or will they just concentrate on helping the rich at the poor's expense. Though they are all as bad as each other anyway. |
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... and here's McDonnell explaining how what Labour said would be fully costed manifesto proposals aren't fully costed in the case of water privatisation which would cost many tens of billions.
https://order-order.com/2017/05/16/m...-fully-costed/ Not really a surprise is it. They just can't seem to get a grip on those pesky numbers. :D |
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I read an interesting article on the '70's crisis (cough, to young to remember it) that said LBJ threatened to wreck the UK economy if we didn't join the war in Vietnam, not many years later that happened, not sure if it's true or to what extent there was economic arm twisting or if I'm even remembering the article 100% correctly!! |
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Even now we're having to pay £billions in interest every year on the massive debts accrued on their watch and if Brown had won in 2010, they'd have faced the very same problem rather than the coalition, then and the Tories now. |
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And yet public sector debt is much bigger now than under labour and still rising, even after 7 years of austerity. Maybe the medicine isn't working. [img][/img] |
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The trouble is that the UK doesn't want to pay the taxes necessary to pay down the debt and cover the spending levels we need given increased demands on the NHS and other areas. We'd rather discuss inefficiencies in Government spending whilst letting future generations pick up the tab. |
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p.s. I've never voted Labour. |
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Just listening to the Daily Politics and Barry Gardiner (Shadow Secretary of State for International Trade) being forced to accept that by the end of the decade Labour would be borrowing twice as much as the current figure.
I wonder when Abbott will pop up claiming that doubling borrowing in this way won't increase the national debt... :D He's also having great difficulty explaining how Labour are going to 'nationalise' the National Grid. They might do it this way, they might do it that way, not sure how much it'll cost or where the money will come from blah, blah, blah... :rofl: He eventually admitted that some of the costs of Labour's 're-nationalisation' would come from the money we're told is going to be spent on all that supposedly new infrastructure they've promised (£25bn pa) but couldn't say how much... :rolleyes: Labour do keep banging on about the all those obscene dividends being paid to shareholders by the likes of National Grid yet never seem to want to admit that a significant proportion of those very dividends head straight into the pension funds which so many ordinary people rely on to supplement their meagre state provision. I dare say there's a great many Labour supporters who're chomping at the bit for action to be taken on dividends yet don't realise their own pensions will suffer accordingly, just as they did when Brown raided the pension funds and took £millions away from ordinary people. |
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Liberal Democrats Manifesto is out, and it's there in black and white. 2nd Referendum on EU membership. Bog off you remoaning fool, Tim nice but dim.
---------- Post added at 14:31 ---------- Previous post was at 14:06 ---------- Diane Abbott. Struggles with sums and it seems now today, she has directional issues.... :rofl: |
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Blimey it's like something out of a Morecambe and Wise sketch.
:D I must say that at first I thought she'd just walked off the stage before giving her speech. : ) |
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The efforts of the Conservatives have been concentrating on getting the deficit down so that they can then start tackling the debt left by Labour. They eased up on austerity given how it was hurting, and that's why they didn't achieve their original target of abolishing the deficit by now. I trust you are not criticising them for easing up on austerity... ---------- Post added at 19:29 ---------- Previous post was at 19:20 ---------- Quote:
I'm not sure that Diane Abbott and her friends understand this link, but then they probably haven't figured out that the debt and the deficit are two different things. |
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Looks like the Tories are going to remove the universal entitlement to fuel allowance and include the value of your house in deciding if you should pay towards your social care in old age but the overall amount at which you start paying goes from 23k in assets to 100k (realistically anyone owning a home will have to pay). The cap on the overall amount you spend is being raised too.
---------- Post added at 22:23 ---------- Previous post was at 22:22 ---------- Triple-lock is gone too. ---------- Post added at 22:28 ---------- Previous post was at 22:23 ---------- People won't have to sell their homes. Schemes will exist where the equity is sold off to be recovered when the person dies. |
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http://www.telegraph.co.uk/news/2017...n-fund-social/
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The Torygraph and it's readers don't seem happy though. Austerity is meant for everyone else not them ! Don't think TM cares, doesn't need them any longer now she's got the swivel eyed loon UKippers on board. |
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I think this is good policy to be fair, even if it's politically difficult. The triple-lock was very expensive and the idea of paying for social care out of the estate upon death is a lot more progressive without having to harm people during their lives. We need to pay for social care somehow and since we're already running a deficit the only real way to spend extra money is to raise extra money.
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what bank account bought a house for my youngest mind you i paid into the system all my life and took nothing from it |
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As for paying into the system, well a lot of us do. We still run deficits and taxation isn't a savings account. Education is expensive, healthcare is expensive, social care is expensive and pensions are very expensive. If we had a system whereby your contributions during your lifetime were the basis for your pension and social care needs in old age then a lot of people who 'paid into the systems all their lives' would be getting less, not more. This is a fair policy in my views. It doesn't mean old people will lose their homes but it's a solution to the crisis in social care. We need to pay for social care somehow and it seems fair to me that recipients who can afford it contribute to some of the cost from their existing assets after their death. Where else would the money came from? |
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Usually everyone thinks the benefits others get should be cut but the entitlements they get are deserved.
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taxing the dead eh i'll see the taxman in hell then ,bring a cold drink ;) |
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There's a huge problem coming up because at the moment the bank of mum and dad is increasingly helping their adult offspring to get on the housing ladder and I doubt very much that this current generation of beneficiaries will be in the same position when it's their turn. If that's the case we're going to increasingly find that the number of older people with assets is to pay for all the social care they need is going to reduce. That'll mean everyone will have to make up the difference via taxation.
I think we all need to accept that social care has to be paid for and is creating massive extra costs for and pressures on the NHS which it can well do without so any investment in it will be money well spent IMHO. I see no reason why this shouldn't be paid for out of extra income tax or indeed out of something a tad more imaginative like a lottery which I'm sure a lot of people would find a very worthy cause indeed, even if they choose not to support the current lottery. |
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It's also the least suitable to loopholes. |
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What ought to be outlawed is the system whereby basic privately funded social care is often charged for at a higher rate as that funded by the state. It seems terribly unfair that some people are having to pay much more for identical care.
Of course if people want to fund better care, higher quality accommodation etc that's up to them, but the basic level ought to cost the same for everyone no matter who's paying the bill. |
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No need to vote Labour, TM herself is the opposition to the Tory party. The comments from irate pensioners in the Fail and Torygraph are very amusing. ---------- Post added at 10:26 ---------- Previous post was at 10:24 ---------- Quote:
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Abortion, gay rights and how the Lib Dem leader I once respected sold his soul, writes QUENTIN LETTS, who watched the manifetso launch through a cloud of smoke
this makes an interesting read about tim farron and his disappearing principles Read more: http://www.dailymail.co.uk/news/arti...#ixzz4hQE4jNtI Follow us: @MailOnline on Twitter | DailyMail on Facebook |
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If the Lib-Dems thought Farron was the antidote to Clegg they're going to be proved wrong I feel. IN his defence I feel he's a lot more more sincere than his predecessor.
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Clegg was still well liked by his party when he stepped down. The alternatives were poor. Farron has been poor and I am surprised how unready they were to deal with the questions about his faith. They were there during the leadership campaign so how surprised can they be that it's come up in the General Election? You can bet The Guardian have more stuff ready to roll out as well.
In some ways Farron's positions are still liberal, he has differentiated between his personal religion views and his politics. So he is against abortion from a moral view but thinks it should be legal. But how he was allowed himself to get into this situation is absurd. May is also religious but doesn't seem to have this problem. |
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Only 4 candidates standing in Stevenage. Conservative, Labour, Liberals and Greens. No idea who to vote for, the incumbent candidate voted to Leave the EU so might well go for him. However, none of the parties really excite me. Which would be worse, not voting or voting for the Green party?
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But do what you want. Stevenage looks to be safe for the Tories with a 9 point lead in 2015 over Labour who were the 2nd cloest. So Greens/Liberals no chance, Labour the longest of long shots. You can vote for the party you like best, vote tactically between Tory/Labour or not vote. I would do the former given the margin of the Tory led. |
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I'm guessing the fact he was FOR leaving EU, that's why UKIP aren't standing. If they had been, I would have voted for them. Now, I need to consider who I vote for. Don't know much about the Greens to be honest, I do have a manager at work who stood in the local elections for them so might ask him about their policies before I vote. Mine is a postal vote again.
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Oh are they? Thanks Damien, helps me decide I will probably just vote for the Tory.
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OK having had chance to think about the proposed changes in social care rules I see a big problem for those people who're live in carers for their parent(s) at home but are now going to face the prospect (if extra care in the home is needed) of finding the house they've lived in and previously would have inherited could well have to be sold after their parents die. It may not be many people in this situation but I do think if we're going to expect family members to sacrifice their lives to care for their parents, we can't then penalise them additionally for so doing. Where are these people supposed to live and on what when their caring role ends? £100k isn't going to go very far for someone who has no job and nowhere to live is it. It seems to me this will just mean that less people will want/be able to care for their parents.
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Still this is better than nothing and since the Tories will actually be the government it's at least a start in addressing the issue. The Tories know they'll win so it's good they get to be a bit more realistic but at the same time they apparently have barely costed their manifesto. There is a touch of arrogance there as well (they've also banned Sky News from the campaign for some reason). |
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I believe in the NHS and feel that care for dementia patients etc. should be treated no differently from care for those with say diabetes or HIV for example. The cost should come out of general taxation and whilst that's not 100% fair, it's as fair as it gets. |
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Really pleased I did not waste 2 hours of my time watching the ITV leaders debate tonight. (No Jeremy Corbyn, No Theresa May). (Truth be told I didn't actually know there was one until now but I still would not have watched it if I was aware it was on). I can't stand Nicola Sturgeon.
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* in whatever form they come. I could look look back and begrudge the fact that Osem Jnr now has to live with a 5 figure debt for his higher education when I was paid for the privilege (albeit not very much) but I accept that these things have a value and there's no better way of devaluing anything than making it free... |
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You read all the things about money. education and the NHS. and you see that Theresa has thrown in bringing back fox hunting by way of a vote. and you think WTF?
Just goes to show what these people are all about. it's a bit like her throwing in having their shoes cleaned by little homeless kids by way of a vote. never liked the old fool with the wonky walk. |
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There are a number of Tory MPs that are still campaigning for the return of fox hunting and she's dealt with it with the pledge to hold a vote on it an easy way to placate a few moaners with no chance of the vote bringing it back. I think the costing of the manifesto is something that needs a bit more detail and I'm hoping we get more on that soon. I think the issue with sky news is more about the murdoch press in general as May is not a huge fan of rupert murdoch but time will tell.
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Can't see the point of a "debate" when the two leading players are absent. I didn't watch it but from what I've heard it was a load of lefty hot air and nonsense from a bunch of no hopers. |
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Ah, the Losers Debate. Didn't bother with it. Apparently didn't miss much. :D
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Which debate?
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such a stereotypical act of the Welsh she did there. makes it look like the Welsh just whine and moan about everybody else with a grumpy straight face all the time. I'm sure they don't. they just sound like they do. |
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Natalie (Leanne) Wood is no more representative of the welsh than hobo Corbyn is representative of the english. |
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priceless:) |
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I think Mays proposal is reasonable, you still get £100,000 to give away if you have it. which is way more that I got from my deceased parents. ---------- Post added at 16:45 ---------- Previous post was at 16:44 ---------- Quote:
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I cannot stand Jamie Oliver, but I do agree with him that this is a very bad change ;
(Removing free school dinners) http://www.bbc.co.uk/news/education-39969155 For many kids, this is the only hot dinner they will get. They dont want a Breakfast, they want a good hot dinner. Why not use the incredibly dumb sugar tax to help fund it. |
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(Thatcher the 'Milk Snatcher', I remember now, the one thing I'm grateful to her for..) |
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Speaking as an educator children learn better when they aren't combating hunger.How about MPs and the House of Lords give up their subsidised food and alcohol paid for by the taxpayer?
http://www.telegraph.co.uk/news/poli...ment-bars.html |
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Ah yes but they work hard ;) Let face it there aren't many cases of Rickets these days. It's the opposite problem of stopping kids eating or to physically do anything ! Getting rid of these meals is going to make them eat more crap. |
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... and here's Corbyn proving that he hasn't got a clue:
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Seriously, old age care has to be paid for and safeguarding the last 100K of an estate for the heirs and using the rest of it isn't a bad way of doing it especially as the estate is not realised until after death. Meaning an ageing relative can still live in their home if appropriate until the end. |
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It's the same argument as student loans really. Those who afford it should pay more alternatively we all pay more via tax. |
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Now I still prefer that. I think there is a better argument for increasing spending on social care than there was for the triple-lock but you can see why that approach might have been seen as a unfair path to take. |
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It's measures such as this which will put off people from saving and lead to those with money/assets to spend it. |
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It's not great that the lottery of dementia will dictate how much of your wealth the government will take. |
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I don't have an answer for that though. ---------- Post added at 21:33 ---------- Previous post was at 21:21 ---------- Quote:
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There are those like you and myself that have the intelligence and drive to be able to better ourselves but that does not automatically mean that everyone else has it. |
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Tories say pensioners in Scotland should escape PM's curbs to winter fuel payments because it's COLDER than England and Wales
Theresa May yesterday unveiled plans to introduce means testing for the benefit - which is worth up to £300 a year - meaning millions could lose out. But Scottish Secretary David Mundell said that the cuts will not be rolled out in Scotland because of 'climatic issues'. And Scottish Tory leader Ruth Davidson said she had decided to keep the universal benefit. now i feel like a victim because i'm English [i thought we where all British ] Read more: http://www.dailymail.co.uk/news/arti...#ixzz4hYrEq8AB Follow us: @MailOnline on Twitter | DailyMail on Facebook |
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( I'm not including the disabled or likewise disadvantaged in that whom I am all for helping) ---------- Post added at 22:33 ---------- Previous post was at 22:28 ---------- Quote:
.....and if we are to be penalised, where is our incentive to work hard all through our lives.....if it'll simply be taken away from us in the end anyway? :shrug: |
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MI5 had their eye on Jeremy Corbyn amid concerns of potential IRA links, during the height of the IRA era.
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A vote for Theresa May is a vote to bring Margaret Thatcher back in the form of Theresa.
She's seeking approval from you to relive the Thatcher years. school meals - school milk. little snotty nosed kids. the rich getting richer on the backs of the poor. big fat snotty nosed fatcats. do you really want that? |
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