Quote:
Originally Posted by Hom3r
Well with ant & dec running the country "  ", there was talk on the TV that there will be a rise in VAT taking it from 17.5% to 20%, to pay off the deficiet.
But they were saying something about it NOT going on food so I guess among the target will be fuel.
So if this does happen, all those who voted for the current govenment CANNOT complain.
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Second post you've made with that exact last paragraph in.
From what I can see people who voted the other way to you aren't complaining. Why? Because we understand, unlike most Labour supporters, that there isn't an endless pot of money to throw at public services and welfare and buy votes. We accept that the bills have to be paid and I'm sorry to inform you that we don't blame the new administration for it - we blame the previous administration that chalked up the deficit that needs paying.
The simple fact is that the economic woes were bad, however even without that Labour were happily chalking up ever increasing deficits that were not sustainable in the long term.
It's what they do, spend and spend and tax and tax and borrow and borrow if they don't feel it politically convenient to tax enough to pay for the spending. They were handed a prosperous economy in surplus and urinated that away throwing money at inefficiently run services, welfare and bribing and expanding their base.
We're not in the state Greece were, but the fact remains either we deal with the deficit as a country or the deficit deals with us by causing us to lose our AAA credit rating and our interest bill go up further increasing the amount of money being spent unproductively and on overheads instead of servicing us the people.
This won't be pleasant, but sadly those who are pragmatic enough to grasp it will accept the need. I appreciate this may well not include many who think that they can live off the state, that it should look after them and all their needs and don't grasp that the money for it has to come from somewhere and their relatively small or non-existent tax bill really doesn't come close to covering it.
Nice try