So Brown, unsurprisingly, has opted for the defunct and disastrous methodology of economist John Maynard Keynes in order to dig us out of the economic quagmire Britain is in. Quelle surprise that Britain is the country in Europe that is suffering most from the fall out of the crisis – this is, in large part, a Gordon Brown caused disaster. Yet the ill-informed, stupid proletariat out there seem to think he’s doing a great job. Must be nice, spending other peoples’ money like it’s going out of fashion and be loved for it.
Indeed, as the Times newspaper has out it – ‘It’s Goodbye to Prudence – hello to Charity’
Yet how can this all be sustained, unless we intend to spend the next two decades pouring a chunk of our GDP in urgently paying back a massive, bloated national debt? Can people not see that Brown cares not, as by then it’ll be someone else’s problem? Can people not see how short termist, left wing and corrupt this nasty, backwards, authoritarian government is?
So spending it will be, for at least another two bitter years this beleguered nation can ill afford. I’m starting to realise why Cameron lacks the fight in his belly. Why would he want to inherit such a shit heap? he must be very hesitant about everything at the moment.
Indeed, when he does win, he’ll probably end up re-enacting the scene between Jim Callaghan and Margaret Thatcher in 1979 when the later commented on the state of the financial books to the former, only for the former to say to the latter: “Well, we didn’t ask you to win the election.” (Or words to that effect)
Every day brings news of more sizable job losses and redundancies in the private sector. Here’s a Times piece on some of the latest losses, which come hot on the heels of the news of losses at HBOS in Halifax and Carlsberg-Tetley in Leeds.
Of course, the thing about the private sector is that they are the nation’s wealth generators. They pump money, resources and investment into the country and they pump taxes into the treasury. Take them away, and you move towards net loss territory – i.e. the State takes less than it spends.
Common sense dictates that, besides the tax cuts Brown is talking about (which, by the way, are pathetic and meaningless), we desperately need to cut down on the ridiculously bloated, overstaffed public sector and we need to cut public spending, particularly in the pointless, wasteful areas Labour created out of thin air after 1997.
Brown has ruled all this out. Well, of course he has. He’s a left wing piece of shit who doesn’t want to piss of his core vote, the unions or his backbenchers.
So it’s obvious what will happen. His crappy little temporary 5% reduction in VAT, stamp duty holiday on cheap, shit houses and national insurance meddling will come to nought, fail to stimulate the sum total of fuck all, and we’ll be a few furlongs worse off in 6 months as the government has even less money and a greater need to borrow.
Keynesian economics at its best.
With the private sector getting butt fucked, and with businesses going bust and less going into the pot, Brown will undoubtedly go to his dick head mate at the BoE until such time as that avenue is spent and we’re off to the IMF for urgent bail outs, just like we did when Denis Healey was in charge of the Treasury in the 1970s – obviously under the auspices of a Labour government, no less communistic than our current one.
When you break it down, this is all about common sense and basic maths. Yet Labour retards eschew all that in favour of their prattish, blind little “principles” and idealistic tendencies. Which amounts to nothing short of socialistic dogma.
I hate this government. I hate it in a way I didn’t even feel towards Blair and his first couple of terms, or any other government that comes to mind. Their arrogance, duplicity, dishonesty and stupidity is breathtaking.
Bring on the Libertarian revolution.
Filed under: In The News..., Political Comment, Politics and Current Affairs: Lucky Dip | Tagged: bank bail out, business, economics, economy, finance, financial crisis, Gordon Brown, ideas, journalism, keynes, keynesian, labour party, media, News, people, politics, press, private sector, public sector, random, socialism, society, times newspaper, UK Politics




You only have to look at the public sector pensions liabilities estimated to be £900bn plus, to demonstrate how right you are. Public sector pensions are a ticking timebomb, given it is paid out of future tax revenues, rather than a ‘pension pot’. http://www.power-to-the-people.co.uk/2008/11/forget-bailout-public-sector-pensions/