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Author Topic: Osbornes spending review  (Read 1825 times)

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Varche

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Osbornes spending review
« on: 20 October 2010, 13:53:48 »

Doesn't seem too bad but no doubt the devil is in the detail.

I'm a bit disappointed in no more prisons- presumably that means mnore lenient sentences and earlier remand.

What do you think?
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albitz

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Re: Osbornes spending review
« Reply #1 on: 20 October 2010, 14:26:36 »

Politically quite clever imo. Labour believed that he was going to cut 25% overall, and apparently stated that they would only have cut 20%. He actually cut 19%, so can claim that they have cut less than Labour would have done.
As you say Varche the devil will be in the detail, but my initial impression is that they may have bottled the opportunity to make a good start on dismantling the welfare dependency mindset, and the sense of entitlement of those who dont and wont work. Time will tell I suppose.
For some reason Daves Tories seem determined to project an image of being soft and cuddly on law and order related issues.
Determined to put a lot of distance between themselves and Thatcherism possibly ? :-/
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Nickbat

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Re: Osbornes spending review
« Reply #2 on: 20 October 2010, 14:33:50 »

Quote
Politically quite clever imo. Labour believed that he was going to cut 25% overall, and apparently stated that they would only have cut 20%. He actually cut 19%, so can claim that they have cut less than Labour would have done.
As you say Varche the devil will be in the detail, but my initial impression is that they may have bottled the opportunity to make a good start on dismantling the welfare dependency mindset, and the sense of entitlement of those who dont and wont work. Time will tell I suppose.
For some reason Daves Tories seem determined to project an image of being soft and cuddly on law and order related issues.
Determined to put a lot of distance between themselves and Thatcherism possibly ? :-/

Good to see some cost-cutting in the Civil Service, but the rest is smoke and mirrors, IMHO. Still can't understand the thinking behind the defence issues.

We need to get the economy moving and I don't see that this package will do much good in that direction. It's all very well and good to rein in spending, but the effect on the economy is all important, as a slowdown reduces tax income, reduces demand, reduces activity...and then you end up in an economic vicious circle.

I'm underwhelmed.  ::) 
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albitz

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Re: Osbornes spending review
« Reply #3 on: 20 October 2010, 14:35:18 »

Some clever tax cuts may have been the brave thing to do. ;)
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Nickbat

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Re: Osbornes spending review
« Reply #4 on: 20 October 2010, 14:37:20 »

Quote
Some clever tax cuts may have been the brave thing to do. ;)

Indeed, Albs, the right way to go about it. :y
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MaxV6

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Re: Osbornes spending review
« Reply #5 on: 20 October 2010, 15:03:18 »

frankly, the up front observable  tax burden now is significantly less than it was 25 years ago....   more  such tax cuts, not a great plan IMHO....   indeed higher taxes for specific targets is a better one...   BANKERS....  SHOULD BE TAXED AT , I DUNNO, SAY 95% of their total income on all bonuses.    including those paid in kind , such as share options, rather than cash.   

a slow down does not of itself reduce demand.... it slows the growth of demand, it's negative growth  that reduces the taxable liabilities...

as long as they can maintain some positive growth, or at least stability, it works... but if for any reason we end up in negative growth again, back into a tail dive recession we go.



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Re: Osbornes spending review
« Reply #6 on: 20 October 2010, 15:35:00 »

i thought gideon's progressive coughing throughout was like an extended 'bob fleming' sketch from the fast show http://ping.fm/98TYS

[media]http://www.youtube.com/watch?v=OAnPxSlEKTs[/media]

not exactly the most gifted of orators is ol' gideon

 ;D
« Last Edit: 20 October 2010, 15:40:18 by ilovemyelite »
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jerry

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Re: Osbornes spending review
« Reply #7 on: 20 October 2010, 16:57:36 »

The unions are up in arms with Bob Crow calling it "all out class war" !Of course jobs will be lost and you'd have to be extremely naive to think that many a Tory mp did not have their feet "planted in the fields of Eton" (or at least similar) as Crow's rhetoric went. However, what planet does Bob Crow reside on? If he wants to face up to reality he'd realize that what the Con/Lib dem alliance is doing is really due to New Labour reaping what it sowed. All their mini empire building , farcical PC/nanny state policies and scant regard for budgetry control has led them to this point and further erosion of "socialist" principles. He was right about one thing though and that was that it would be ordinary working people who would carry the can. Yep, but its the same ordinary working people who feel every bit as p*ssed off about their taxation paying for all the benefit fraudsters and PC empire building and gvt/council waste that it does about their hard graft lining the pockets of the owners of the companies they work for and the banking institutions that fleece them at every opportunity!
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albitz

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Re: Osbornes spending review
« Reply #8 on: 20 October 2010, 17:02:25 »

Max - no offence but are you on strong medication at the moment ? :-/ ::)
Taxation levels are at approx 50% - I would like to know how they were higher than that in 1985 ?
Tax the one industry that the whole economy is dependabt on, out of existence - good plan. :y :o
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Lizzie_Zoom

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Re: Osbornes spending review
« Reply #9 on: 20 October 2010, 17:18:29 »

Quote
Doesn't seem too bad but no doubt the devil is in the detail.

I'm a bit disappointed in no more prisons- presumably that means mnore lenient sentences and earlier remand.

What do you think?


Perhaps they are bringing back hanging, and transportation to Australia!! :D :D :D ;)
« Last Edit: 20 October 2010, 17:20:39 by Lizzie_Zoom »
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albitz

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Re: Osbornes spending review
« Reply #10 on: 20 October 2010, 17:26:04 »

If they are bringing back transportation to Australia Im taking up crime. :y :) :D
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Varche

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Re: Osbornes spending review
« Reply #11 on: 20 October 2010, 19:21:41 »

Quote
If they are bringing back transportation to Australia Im taking up crime. :y :) :D


Thats the problem, there is nowhere to ship undesirables anymore. In fact Australia is quite a desirable place to go. ;D ;D ;D
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Mysteryman

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Re: Osbornes spending review
« Reply #12 on: 20 October 2010, 19:24:09 »

Quote
Quote
If they are bringing back transportation to Australia Im taking up crime. :y :) :D


Thats the problem, there is nowhere to ship undesirables anymore. In fact Australia is quite a desirable place to go. ;D ;D ;D


Could ship them to Spain. In fact, looks like they've already started. ::)
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Tony H

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Re: Osbornes spending review
« Reply #13 on: 20 October 2010, 19:31:50 »

Quote
Politically quite clever imo. Labour believed that he was going to cut 25% overall, and apparently stated that they would only have cut 20%. He actually cut 19%, so can claim that they have cut less than Labour would have done.
As you say Varche the devil will be in the detail, but my initial impression is that they may have bottled the opportunity to make a good start on dismantling the welfare dependency mindset, and the sense of entitlement of those who dont and wont work. Time will tell I suppose.
For some reason Daves Tories seem determined to project an image of being soft and cuddly on law and order related issues.
Determined to put a lot of distance between themselves and Thatcherism possibly ? :-/
Very similar to a double glazing selling technique " yes missus you new upvc door is going to cost £2,500 but with the managers discount and the fact that there is a Y in the day I can do it for 1,500 quid" The cost has been pricebuilt then falsely discounted and the client thinks she is on a good deal and the sale is closed. :-?
« Last Edit: 20 October 2010, 19:32:23 by Tony_H »
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Mysteryman

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Re: Osbornes spending review
« Reply #14 on: 20 October 2010, 19:36:36 »

Quote
Quote
Politically quite clever imo. Labour believed that he was going to cut 25% overall, and apparently stated that they would only have cut 20%. He actually cut 19%, so can claim that they have cut less than Labour would have done.
As you say Varche the devil will be in the detail, but my initial impression is that they may have bottled the opportunity to make a good start on dismantling the welfare dependency mindset, and the sense of entitlement of those who dont and wont work. Time will tell I suppose.
For some reason Daves Tories seem determined to project an image of being soft and cuddly on law and order related issues.
Determined to put a lot of distance between themselves and Thatcherism possibly ? :-/
Very similar to a double glazing selling technique " yes missus you new upvc door is going to cost £2,500 but with the managers discount and the fact that there is a Y in the day I can do it for 1,500 quid" The cost has been pricebuilt then falsely discounted and the client thinks she is on a good deal and the sale is closed. :-?


The technical term is 'managing expectations'.
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