Hi folks. I think we should think carefully before getting stuck into a political debate. It could escalate and it could be unnecessarily divisive. And it probably wouldn't be therapeutic.
Obviously, I'm not telling people what to do... Just suggesting that we think about if it's necessary.
Having said that, I can't resist replying to one point in Mark's post...
It's not a binary option, Mark. That's just the spin that's been put on it by politicians and the media. The UK is the fourth largest economy (or is it the fifth now?) in the world, so the wealth of the country is absolutely enormous. If the wealth was tapped, in the short-term, to help the economy and the deficit, then that could potentially help to solve the problems.
I'm not saying that's the best thing to do. I'm just saying that it's not a binary option.
Hello Bob, sorry if I have strayed. It's Keynes versus Hayek i'm afraid.
What wealth Bob ? Gordon sold lots of our gold at rock bottom prices
Most of what we could privatise, has been privatised. We are printing money ......our childrens money, our grandchildrens wealth. We
are tapping into our wealth - their wealth.
I think austerity is necessary, but over what time scale. I would like the time scale to be expanded over a longer period of time. The present path is brutal.
Scrap trident, stop illegal wars, introduce the mansion tax, possibly a financial transaction tax ( must be universal, almost impossible to achieve )
Freeze the pay of doctors for several more years ( they have done very well in the last ten years ) give some of those savings to nurses, porters, cleaners.
Expand the allowance to 10K straight away.
More aggressive on large scale tax avoidance ( Note avoidance ! ) Evasion too
Why can't the finest minds tackle tax avoidance ? A well known comedian paying just 10K on earnings over a million, and then saying he paid what was owed. He's right of course, but where is the public backlash ? Was it Starbucks yesterday in the news, paying almost no corporation tax ? Sorry I didn't get all of that story.
Most of all, where is our compassion for each other ? Our pensioners are amongst the most poorly paid in Europe. Both France and Germany have more equitable provisions for the worst off in their society. Why do we all tolerate this ? Perhaps because we still have food on the table, the bills get largely paid, but most of all , although we care, we don't care enough.
Apologies for going off on one Bob. I won't post again on this thread
Kind regards,Mark