Or we could cut responsibly over a slightly longer period...
hmmm.... would you prefer to suffer with a head shattering toothache for years, or get it over and done with as soon possible by a visit to the dentist to pull the thing out?
Since this thread has gone just a tad off topic, perhaps we could consider the proposal from the Glasgow Media Group for reducing the national debt AT A STROKE. Indeed, not just reducing it, but actually getting rid of it completely. Thus saving us from having to pay any more interest on it.
They've been all over the TV and radio etc explaining it, so I'm sorry if some of you have already heard it.
The total personal wealth in the UK is £9,000bn. It is mostly concentrated at the top, so the richest 10% own £4,000bn, with an average per household of £4m. The bottom half of our society own just 9%.
A 'one off' once only graduated tax of 20% on the top 10% of households would produce £800bn. (And they don't even have to pay it all now).
Here's the best bit.......if the debt was cleared, interest rates and shares would begin to rise again and after a few years the 'super rich' would get their money back from their investments.
Since this thread has gone just a tad off topic, perhaps we could consider the proposal from the Glasgow Media Group for reducing the national debt AT A STROKE. Indeed, not just reducing it, but actually getting rid of it completely. Thus saving us from having to pay any more interest on it.
They've been all over the TV and radio etc explaining it, so I'm sorry if some of you have already heard it.
The total personal wealth in the UK is £9,000bn. It is mostly concentrated at the top, so the richest 10% own £4,000bn, with an average per household of £4m. The bottom half of our society own just 9%.
A 'one off' once only graduated tax of 20% on the top 10% of households would produce £800bn. (And they don't even have to pay it all now).
Here's the best bit.......if the debt was cleared, interest rates and shares would begin to rise again and after a few years the 'super rich' would get their money back from their investments.
Job done.
Threep.
What a brilliant idea and win/win solution. Shoots Cameron/Cleggs 'hard decision' 'no other way' down doesn't it and proves there are alternatives to most things if you want them enough.
But nobody really knows what the Labour plan is, because I've not published it. I've only commented on what is happening now. I hope that when you see our manifesto you will agree that it's positive. But if not, I'd love to hear what you don't agree with.
Labour plan to stand in Thatcham West, I know that.
What is your prediction a to what might happen in that ward?
The total personal wealth in the UK is £9,000bn. It is mostly concentrated at the top, so the richest 10% own £4,000bn, with an average per household of £4m. The bottom half of our society own just 9%.
....and I would bet that there is double that amount sitting in offshore bank accounts.
Labour plan to stand in Thatcham West, I know that.
What is your prediction a to what might happen in that ward?
I think there will be an independent candidate and a Labour candidate standing, but it won't be me. And for what it is worth, I think they will both be elected.
I think there will be an independent candidate and a Labour candidate standing, but it won't be me. And for what it is worth, I think they will both be elected.
Here's what I think will happen. The Labour and independent candidates will take a few votes off the Lib Dems, the Tory vote will stay largely the same and the ward will move from Liberal to Tory control. Is that the sort of outcome you were looking for?
By the way, it would take a swing so swinging that it would make the swinging sixties look like the static sixties for Labour to win in this ward.
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