Tuesday, 16 October 2012

Things are going to get worse....

I'm not about to defend Brown's Labour government, I posted about it before in October of last year - see  It's Broken Britain and we've got no money, but hold on..

But then again the record of the current Conservative led coalition government is no better, in that there 'Plan A' has gone all pear shape.

Let's remind ourselves of the crash of 2008, brought about by light touch regulation of the financial system, when they leveraged the risk high, to a point that everybody went shit, and panicked like mad.

We know that following any crash in the world economy, there will be a period of consolidation, when companies and private individuals in a period of low confidence will either pay off their debts or save for the future (or it seems in the US default a lot).

So the argument goes, it's wrong in the short term, to cut public expenditure to quickly and too fast, especially if your are reliant on private monies to step into the breach and help the economy grow.

And as we know the Conservative led coalition government Plan A ain't working, because it cut to quickly and too fast, and why growth is negative or near to zero. This means that in order to meet their deficit reduction target, by 2015, they will have to cut harder over the next few years.  This austerity could last over 8 years according to some experts.

But who pays for all this? - I say it should be a fair mix of cuts and tax increases, a fair distribution of tax burden. That those who made the most during them good days, when light touch regulations; which they lobbied for, made them very very rich; should in leaner times fully contribute to the upkeep of the country, and not rely on fancy tax avoidance schemes.

After all, why did the world economic system nearly collapse in 2008? - well it wasn't down to pensioner nor the disabled nor single mothers nor the unemployed.

So why, when it comes to a choice between asking the rich to pay a bit more, or the poor to loose out the most; has the Conservatives led coalition government decided to choose the latter.

Blame the poor, the disadvantaged, the elderly for living too long, blame it on over regulation, blame it on the EU, blame it on work-shy lazy layabout good for nothing British workers....but above all never accept that you, the ruling elite and your rich friends should also share the blame.

An elite, out of touch with the reality of day to day life, where ordinary people struggle to match their incomes with outgoings...when in desperation they have to turn to pay day rip off merchants to survive, or food banks in ever increasing numbers..

With the economy in ruins....their electricity policy in tatters....building aircraft carriers we cant afford, with no planes to fly off them.......in a party at war over Europe, with smaller police numbers..... they about to ask us to vote for something the majority of us never wanted - police commissioners, and the millions wasted....by a Minister of State who doesn't know how to use a calendar...supported by the Liberal Democrats who thinks it's OK to make an election pledge, fully knowing its was a 'bit doggy' and then act surprised when we the people feel aggrieved when they renegade on it...........it's not really a record anybody can be proud of is it?....and just goes to show how poor the 'elite' really are when push comes to shove, and they've laid off Jeeves.

As we leave an age when the establishment covered up the truth, journalists illegally paid investigators to hack for gossip, or paid the police the same, when people who 'of course' new about rumours of child abuse against Jimmy Saville chose not to do anything, and the banks nearly collapsed 'cause of a lack of proper regulation....and all this and more happened during the watch of supposedly educated and clever people.....it's no wonder how fucked up the UK has become.

And the answer of  those right wing idiots to all of this, you've guessed it a smaller state and less regulation  - 'I'm all right jack, know bugger off and die, you pleb'

As Lord Kinnock said in his famous 1983  I warn you speech:

- I warn you not to be ordinary

- I warn you not to be young

- I warn you not to fall ill

- I warn you not to get old.

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