Getting Irate So That You Don't Have To

Getting Irate So That You Don't Have To

Sunday, 16 November 2008

As The Crisis Grows, Our Politicans Let Us Down

According to Gordon Brown’s analysis the economic situation is thus. We are just entering a prolonged and profound economic recession which has been fuelled by debt. Of everyone with a negative balance sheet the government is top of the pile; borrowing stands at nearly £38bn for the first half of the year, an increase of 75% on last year. The answer to this is for the government to start spending even more money than it has been doing, and at the same time to cut taxes. In other words, the answer to the debt crisis is…MORE DEBT !

So, all the leaders trot off to the G20 summit over the weekend, which is little more than a massive photo opportunity and a chance for each leader to spin that this is a global problem – i.e. not their fault. To call it an unedifying spectacle is to err on the decidedly generous side. The conclusion appears to have been is for everyone to spend money which they simply haven’t got in an effort to boost flagging economies.

I find all this profoundly depressing. Governments have never been any good at boosting economies or creating jobs. That is best left to the private sector. The cost per job created by government spending is huge, and whatever entity they build in the process is usually unwieldy and inefficient. Whatever the answers to our current economic travails, yet more government spending is not one of them. The government behaves like a compulsive shopper; it has borrowed more than it ever dreamt of on the plastic, and while the red bills pile up the only thing it can think of doing is to keep on spending.

At times like this, with a socialist government looking to spend money hand over fist, I look to the Opposition for common sense. But we’re not getting it. Whilst not (yet) resorting to the government’s discredited Keynesian theories, they too are in denial about the true size of the hole we’re in.

Owing to the government’s reckless spending of the last few years, the simple fact is that we, as a nation, are broke; penniless, bankrupt, absolutely borassic. We haven’t got a pot to piss in. At times like this more spending is the last thing we need, closely followed, though it pains me to say it, by unfunded tax cuts.

The problem is what we need now is an opposition party with guts, a party prepared to say the unpopular. But far from preaching the classical virtues of sound money, the Conservatives have allowed themselves to have get locked into a bidding war on tax cuts which we simply cannot afford. Anyone who seriously believes that the tax cuts put forward by Cameron and Osborne will not cost money, at least in the short term, is deluding themselves. The Tories’ claim for fiscal responsibility rings hollow.

What we need is for someone, somewhere to stand up and say this: “We are broke. We cannot cut taxes and we need to cut spending. The reason is that for the last ten years the government has been spending money it does not have”. And no one’s got the guts to say it.

2 comments:

Dick Puddlecote said...

Darling was on the Politics Show this morning and avoided this question three times:

"What is the threshold at which this Government will not borrow any more?"

He wibbled on about 'weighing up', 'taking into account' etc but stil couldn't answer a straight question to his electors.

So much for a democracy when the Chancellor can't answer a question about how he's going to handle our collective money!

(I'm blogging from tomorrow evening, added you to my blogroll already, hope you can reciprocate a fellow womble?) ;-)

kiki said...

A片,A片,A片,A片,A片,A片情趣用品,情趣,A片,AIO,AV,AV女優,A漫,免費A片,AIO交友愛情館,愛情公寓,情色,情色貼圖,色情小說,情色小說,情色文學,色情,寄情築園小遊戲,色情遊戲,嘟嘟情人色網,一葉情貼圖片區,情色論壇,色情影片,微風成人,嘟嘟成人網,成人,18成人,成人影城,成人圖片區,成人圖片,成人貼圖,UT聊天室,聊天室,豆豆聊天室,哈啦聊天室,尋夢園聊天室,聊天室尋夢園,視訊聊天室,視訊聊天

麻將,台灣彩卷,六合彩開獎號碼,運動彩卷,六合彩,線上遊戲,矽谷麻將,明星3缺一,橘子町,麻將大悶鍋,台客麻將,公博,game,,中華職棒,麗的線上小遊戲,國士無雙麻將,麻將館,賭博遊戲,威力彩,威力彩開獎號碼,龍龍運動網,史萊姆,史萊姆好玩遊戲,史萊姆第一個家,史萊姆好玩遊戲區,樂透彩開獎號碼,遊戲天堂,好玩遊戲,遊戲基地,無料遊戲王,好玩遊戲區,麻將遊戲,好玩遊戲區,小遊戲,遊戲區,電玩快打,cs online情趣用品,情趣,情趣商品,A片,AIO交友愛情館,AIOAV女優,AV,A漫,免費A片,本土自拍,自拍,愛情公寓,情色,情色貼圖,色情小說,情色小說,情色文學,色情,寄情築園小遊戲,色情遊戲,色情影片,情色網,色情網站,微風成人區,微風成人,嘟嘟成人網,成人,18成人,成人影城,成人圖片區,成人圖片,成人貼圖,成人文章,成人小說,UT聊天室,聊天室,豆豆聊天室,哈啦聊天室,尋夢園聊天室,聊天室尋夢園,080中部人聊天室,080聊天室,中部人聊天室,080苗栗人聊天室,苗栗人聊天室,免費視訊聊天,免費視訊,視訊聊天室,視訊聊天情趣用品,情趣,情趣商品,愛情公寓,情色,情色貼圖,色情小說,情色小說,情色文學,色情,寄情築園小遊戲,色情遊戲,AIO交友愛情館,一葉情貼圖片區,情色論壇,色情影片,色情網站,微風成人區,微風成人,嘟嘟成人網,成人,18成人,成人影城,成人圖片,成人貼圖,成人圖片區,成人文章,成人小說,A片,AV女優,AV,A漫,免費A片,自拍,UT聊天室,聊天室,豆豆聊天室,哈啦聊天室,尋夢園聊天室,聊天室尋夢園,080中部人聊天室,080聊天室,080苗栗人聊天室情趣用品,情趣,情趣商品,愛情公寓,情色,情色貼圖,色情小說,情色小說,情色文學,色情,做愛,寄情築園小遊戲,色情遊戲,AIO交友愛情館,AIO,色情影片,情色網,微風成人,嘟嘟成人網,成人,18成人,成人影城,成人圖片,成人貼圖,成人圖片區,成人文章,成人小說,成人電影,麗的色遊戲,自拍,A片,AV女優,AV,A漫,視訊交友網,視訊,視訊交友,免費視訊聊天室,免費視訊,視訊聊天,視訊聊天室,UT聊天室,聊天室,豆豆聊天室,哈啦聊天室,尋夢園聊天室,聊天室尋夢園,中古車,二手車情色貼圖,日本A片,A片下載,情色A片,AV女優,A漫,免費A片,微風成人,成人網站,成人光碟,嘟嘟成人網,成人,成人影城A片,A片,A片下載,做愛,成人電影,18成人,日本A片,情色小說,情色電影,成人影城,自拍,情色論壇,成人論壇,情色貼圖,情色,免費A片,成人,成人光碟