The Budget

[joecity]

Any thoughts? Interested to see what everyone thinks when he finishes.

[life on mars]

He has scrapped the balancing the books and gone for borrowing ,whcih other parties favour has put some money back in the lower wages of low paid workers , National Living Wage up , middle earners sees the threshold before you start paying at 40% ,stamp duty one should help , I suspect house prices may raise as a consequence and get over the 300k mark .

More cash for NHS , housing building increased ,£1.2bn FOR wales , Railcard discounts now up to 30 yrs of age

I'm sure if he had raised the wages of everyone to 40k,given every homeless person a living wage he/they would still be hated

[Vimto]

I'm sure if he had raised the wages of everyone to 40k,given every homeless person a living wage he/they would still be hated

Are you "sure" of that?!
If he found a way to achieve that , and put it into place, i think there would be street parties TBH.

On here he would have.

Oh look .. 'a consensus'. ;)

[joecity]

Underwhelming. Tired and boring. Its like the jacket potato my wife made me earlier, lacks ambition and makes me want to eat a whole pack of biscuits canceling any benefits.Its what they can't get their heads around these torys. You can't keep offering more of the same and not hitting the modest briefs you have set yourself and be credible. Try not to feck brexit up too much and leave the lights on for the next Labour government. I have sympathy to a degree with a guy who's arse is on the line so tries to do the bare minimum so as not to get picked apart but it satisfies no one. Unusual times is all that's saving them. Time won't cause they are behind in most every measure from 50 years downwards in demographic. Its pretty obvious what I think but nobody has convinced me otherwise.

[Eric Cartman]

He has scrapped the balancing the books and gone for borrowing ,whcih other parties favour has put some money back in the lower wages of low paid workers , National Living Wage up , middle earners sees the threshold before you start paying at 40% ,stamp duty one should help , I suspect house prices may raise as a consequence and get over the 300k mark .

More cash for NHS , housing building increased ,£1.2bn FOR wales , Railcard discounts now up to 30 yrs of age

I'm sure if he had raised the wages of everyone to 40k,given every homeless person a living wage he/they would still be hated

It's one of those stolen Milliband policies.

Poor guy, didn't stand a chance because of his funny face but thankfully the Tories are enacting his entire manifesto piece by piece.

Interesting take on this policy -

We're spending £3.2bn on a stamp duty break to get 3,500 more first time buyers on the property ladder.

That's £924,285.71 each.

— Jo Maugham QC (@JolyonMaugham) 22 November 2017

[Rjk]

The Tories initially promised to have eliminated the deficit by 2015 didn't they? The deficit caused by the GLOBAL FINANCIAL CRISIS. Despite warnings from Labour that their cuts would damage the economy and delay growth.

Now they are saying that the deficit will not be eliminated until 2031! But at least we may have a surplus before I need to start drawing a pension.
More than half of my working life will have been affected by this crisis by the time the Tories have finished fixing it.

[joecity]

So during a period of instability you can create conflict by finding a scapegoat. The poor perhaps. This creates a yearning for stability. You can then deliver this by producing a budget that broadly appeals to this. Totally devoid of addressing any real problems that underpin the situation.

A war on benefits, A boon for the rich. Getting the working poor to resent the other poor folks. It's all there.

You can float along in the us and them stream for a while. Thats George Osborne.

All good tension needs a release. A finale. Phillip Hammond is just padding out the plot with more stuffing...Poorest 3rd of households worse off by £700. Never mind. House prices are going up.

[life on mars]

Overwhelming success then , my guess is we will have more small giveaway budgets up to another election . A few folk I know on medium wages are better off with this budget.

[Vimto]

Overwhelming success then , my guess is we will have more small giveaway budgets up to another election . A few folk I know on medium wages are better off with this budget.

Will that ensure that they vote Conservative next time do you think?

I'm not sure its worth having a slightly better paddle while bobbing about in Sh1t Creek. ;)

[Wales-Bales]

Has capitalism failed?

"Budget 2017: Stagnant earnings forecast 'astonishing'"

http://www.bbc.co.uk/news/business-42096806

[life on mars]

Will that ensure that they vote Conservative next time do you think?

I'm not sure its worth having a slightly better paddle while bobbing about in Sh1t Creek. ;)

Gosh no , as previously stated if they handed everyone 40k a year folk hate them so much they would vote for any oppostion, it's all about hereditary voting.

I don't blindy default to Labour though , I try and read under the policy chatter ,not bite on the media soundbite .

[SLUDGE FACTORY]

Did you actually read Alistair Darlings article? (the one I posted).

The sub prime issue was toxic American debt wrapped as investments. As Alistair Darling says - we were a few hours from the whole system going down. maybe you want that to happen - most people dont - which is why the Govt had to help the banks - they go bust and everything is gone.

Add to that the position the economy was in anyway - and you have a perfect storm of financial sh1t. Sub prime not our fault, condition of our economy is our fault and of Labours making (PFI debt, stupid massive public sector projects etc). ANY Govt cannot easily survive a hammer blow like that - and you cannot just get up walk way - AND carry on spending as if there is no tomorrow.

They said the recovery was going to be low and flat - and it was. Add in to that Brexit 7 years later - and it's another low blow. You certainly can Cameron for making the decision to have a referendum, and you certain CAN blame Corbyn for an utterly shambolic Remain campaign (mainly because he a Brexiteer anyway - giving his EU voting record).

So to sum up - Labour fecked the economy so when the recession hit we were nearly wiped out, Sub Prime not Labour fault.
Brexit result cold have been over turned IF Corbyn had campaigned more effectively in Labour heartlands, Brexit could have been avoided altogether if Cameron had just ignored the UKIP threat - or countered it in a different way.

This smells of feedback

[life on mars]

This smells of feedback

But a very sensible summary , the trouble people have they tend to vote on soundbite, image, historical political, allegiances/ past hatred, blame and woe is me.

We/me may dislike the current bunch ,however are we better off with a strong careful approach , or one of a unknown negotiation from an opposition party who let's be fair are very inexperienced due to the removal of a number of credible MP's , and a leader that doesn't convince on the key matters of Brexit and its key focus/direction , that drove a lot of traditional Labour voters into the hands of UKIP and latterly the no vote .

[Eric Cartman]

But a very sensible summary , the trouble people have they tend to vote on soundbite, image, historical political, allegiances/ past hatred, blame and woe is me.

We/me may dislike the current bunch ,however are we better off with a strong careful approach , or one of a unknown negotiation from an opposition party who let's be fair are very inexperienced due to the removal of a number of credible MP's , and a leader that doesn't convince on the key matters of Brexit and its key focus/direction , that drove a lot of traditional Labour voters into the hands of UKIP and latterly the no vote .

Wait a second, you still see the current government as strong?

Begs the question what on earth they could do to look weak!!?

[SLUDGE FACTORY]

We are better off with corbyn

[Wales-Bales]

It's time to stop thinking about right & left and red & blue, as they are all on the same team! The core policies continue no matter who is in power, and the rest is just window dressing.

[the other bob wilson]

It's time to stop thinking about right & left and red & blue, as they are all on the same team! The core policies continue no matter who is in power, and the rest is just window dressing.

There has been right and left in politics for centuries. Just because it hasn't always been represented in party political terms it doesn't mean it didn't exist and it's seems arrogant to try to claim that what has held for so long no longer is relevant.

[Organ Morgan.]

Yeah, the Political Class, AKA Team Rothschild.