Tuesday, November 29, 2011

And plan C is?

The Chancellor will be telling us (again) that due to Labours attempts to ruin the country as an act of wanton spite knowing they were going to lose the election he's going to borrow more (and spend more). He's calling it sticking to plan A and will take up to 2017 to pay off the debt. He could do it quicker, but he still wants to spend our money on non-essentials such as giving African nations up to a billion to fight global warming, climate change, global climate disruption. As well as increasing the foreign aid budget.
Mail.
'We must stick to Plan A': Osborne to outline measures to boost Britain's shrinking economy as UK debt 'won't be paid off until 2017'
  • £380m to double free nursery places for toddlers
  • Rise in fuel duty will be postponed
  • Rail fares capped at 1p above inflation next year
  • £30bn programme of public investment and infrastructure spending to boost growth
  • Rise in pension age to be brought forward
  • Ed Miliband: 'I hope the Chancellor, in the interests of the nation, will change course today'
George Osborne will today outline plans to boost the economy amid gloomy predictions of a double-dip recession caused by the eurozone debt crisis.
The Chancellor will warn that Britain faces more years of austerity as it is forecast that the deficit will not be eliminated until 2017, two years later than planned.
It is the toughest challenge yet for Mr Osborne, who has come under criticism for refusing to consider an economic 'Plan B' which would slow deficit reduction in order to promote growth.
His Autumn Statement comes just a day after the OECD predicted that the UK could slip back into recession over the next few months.
Measures the Chancellor is expected to announce today include a huge investment in infrastructure, a freeze in fuel duty and a doubling of nursery school places. 
Nowhere does either plan seem to include taking a chainsaw to the state and massively reducing the functions this and previous governments have saddled us with. Nowhere does there seem any plans to rid us of the crippling climate levy and nowhere is there any real plan to get industry and trade going by the subsequent tax reductions cutting back on what the state does would give us. Simply declaring that any company setting up would pay zero tax for 5 years in the UK if they took on ex public servants and turned them into productive citizens would be a start. Though no doubt there's some sort of EU regulation preventing this, still if we left the EU that would save us a small fortune too. Anyone else see the advantages of offering businesses a chance to set up cheap on the outside of the EU looking in without having to pay their ridiculous tariffs? After all a lot of their business could be done online and the EU exports a lot more to us than we export to them so they're not going to crap in their own nest and stop trying to sell us stuff.
No, Osborne is going to play the same tired old game with the same results, high taxation, high government spending and a long cruel recession thrown onto the top of all that. Being on the inside he really doesn't see that the problem is the state and that the solution is to reduce it and its powers.
But then again he wouldn't, would he?

5 annotations:

WitteringsfromWitney said...

And all that QM is why we need direct democracy and referism!

Michael Fowke said...

"No, Osborne is going to play the same tired old game with the same results, high taxation, high government spending and a long cruel recession thrown onto the top of all that."

And I can see it lasting twenty years or more. Or maybe things will never change. This may be the future, not just the present.

Captain Haddock said...

"He could do it quicker, but he still wants to spend our money on non-essentials such as giving African nations up to a billion to fight global warming, climate change, global climate disruption. As well as increasing the foreign aid budget" ...

Together with covering the outrageous cost of the poisoned dwarf's vitally necessary armorial bearings & official portrait, of course ..

thud said...

As much as I don't want us to suffer more, perhaps with more pain real change will finaly be forced upon us...we can but hope.

cuffleburgers said...

Like Thud I too am coming round to a marxian viewpoint - the worse it gets the better it is because that is the only way we are going to achieve the necessary change.

This coalition is living up(down) to all the gloomiest predictions which I didn't believe and now recognise I was wrong.

Cameron is weak, and determined to hand us over lock stock and barrel to the EU - now the EU is collapsing he has no plan B. Osbprne lacks the balls to force through the and real cuts and they're all afraid of calamity clegg and ridiculous battalion of buffoons who should never have been let within a mile of the levers of power.

So what if there was an election - whatever the result, it would change nothing, they are all the same.

But these foolish people don't see it, and the clowns in the media circus lap up the nonsense they feed them.

Yes until things get really bad we are doomed but when they do, a state of affairs hastened by osbornes pathetic efforts yesterday, then time to go long on piano wire and stand by for dangly objects on lampposts.

And the sooner the better.