Perception ?
- 27 September 2011 21:23128534Is Cameron and Osbourne sitting back watching Europe/G20 etc,work away at the Global/Europe crisis in the belief they have done enough by arranging that Joe Public pay the Lions Share of the Deficit reduction?
The austerity measures are blocking Economic Growth.
The Private Sector is not taking up the redundancies of the Public Sector.
The Private Sector is reducing its employees at a fast rate. - Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
27 September 2011 21:29128535reg;
i think its clear for all to see
cameron an osbourne have run out of ideasALL POSTS ARE MY OWN PERSONAL VIEWS - 27 September 2011 21:31128536Reg, the best plan A I can think of is a super one-off tax on the super-rich, those with private assets worth tens of millions - hundreds of millions of pounds.
These surplus assets would be safely conveyed over to the State, which would cash in the dividends or sell them on to the banks at a fair and convenient price in return for cash. The assets themselves would therefore remain invested in the economy.
The poor super-rich would still be allowed to keep some millions of pounds worth of assets, they'd still be very rich, even though some consider this idea of mine to be downright evil of me to suggest
Chanters, Drums and Drones Potty Time http://youtu.be/99fMqpjnXYA
Rule Britannia!
Kent First http://youtu.be/04F3mAP3fV4 Keep banging on http://youtu.be/qYCU_SKmkGQ - 28 September 2011 07:01128583It is only the economic illiterate who thinks that you can solve a problem of excessive spending and debt with more spending and debt. Try it with your family finances, but don't come to me for advice in getting out of your mess if you do.
Spending has to be cut because the last government were irresponsible spendthrifts and it is as simple as that. Sadly the same is true of many European governments too, utterly mad they were.
The big problem now is, indeed irresponsible lending by banks, lending to governments in Europe that is. If they had not lent governments so much money governments would have had to cut their spending long ago.
I have said before the Euro needs to be broken up and governments must get to grips and cut spending. That is the best and only way to kick start economic recovery.
Anyone who thinks Osborne can slow down his spending cuts is simply bonkers. He is doing only the minimum needed to avoid us have the same kind of sovereign debt crisis we are seeing in the weaker economies in Europe. If anything Osborne must make bigger and faster cuts.
High spending governments combined with being locked into the Euro is the big threat to the world economy and it is that which is having a detrimental effect on our businesses and growth. - Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
28 September 2011 07:25128589reg;
the future looks gloomyALL POSTS ARE MY OWN PERSONAL VIEWS - 28 September 2011 07:34128594Keith - it is the present that looks gloomy. We will get over it and things will improve when we get through it. The future looks good!
- Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
28 September 2011 07:45128596barryw;
i do hope that you are correct
unfortunatly not many people share your viewALL POSTS ARE MY OWN PERSONAL VIEWS - 28 September 2011 08:09128597Keith - the way you talk you will have people off cutting their wrists.
Cheer up, the glass is half full not half empty. - Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
28 September 2011 08:26128607barryw
i'm in a very fortunate position of haviung a job, having my own home paid for
and a fairly good life with a good pension etc.
but as a real lefty i dont forget my roots and still want to help others less fortunate than myself.
so each day i do so, and it does look gloomy for many people on the job front, and at the moment theres little pospect of that improving.
a recent local interview for a poorly paid job had 700 applicants says a lotALL POSTS ARE MY OWN PERSONAL VIEWS