This "Conservatives borrow less" idea.

[LoveCurryPies]

You think Labour's renationalising industries is a new idea, hampsteadclaret?

[hampsteadclaret]

No.

Look at the whole manifesto as I have.

Do my a favour LCP and stop posting your inane political shytte on this forum or you'll spoil my weekend.
Cheers for that.

** the Renationalisation plans have gone down well with the public, check the opinion polls.

[taio]

Irascibility at it's finest.

[Burnley Ace]

You tend to find that all policies where someone else is paying go down well. "We will increase spending!" "Whose paying?" "The Rich!!" "Hurrah, that sounds great!"

[hampsteadclaret]

Don't know why you're bothered about that stuff Burnley Ace, you're not one of 'the Rich'.
This forum does make me smile sometimes when Tory apologists bang on about alleged 'high tax high spending Labour' when some of the whingers are on about £21,000 a year including overtime..
Stop worrying about some fat cat's tax bill, and look after yourself..do not allow yourself to be duped by the right wing media and it's massive vested interests..wake up...there is a chance to change things beneficially for the majority in a few weeks time instead of falling for the bullschitt and lies of those running the show.

[HelloHiGoodbye]

Don't know why you're bothered about that stuff Burnley Ace, you're not one of 'the Rich'.
This forum does make me smile sometimes when Tory apologists bang on about alleged 'high tax high spending Labour' when some of the whingers are on about £21,000 a year including overtime..
Stop worrying about some fat cat's tax bill, and look after yourself..do not allow yourself to be duped by the right wing media and it's massive vested interests..wake up...there is a chance to change things beneficially for the majority in a few weeks time instead of falling for the bullschitt and lies of those running the show.

Yes, yes, yes, yes, yes, yes, yes, yes, yes, yes.

[Burnley Ace]

Don't know why you're bothered about that stuff Burnley Ace, you're not one of 'the Rich'.
This forum does make me smile sometimes when Tory apologists bang on about alleged 'high tax high spending Labour' when some of the whingers are on about £21,000 a year including overtime..
Stop worrying about some fat cat's tax bill, and look after yourself..do not allow yourself to be duped by the right wing media and it's massive vested interests..wake up...there is a chance to change things beneficially for the majority in a few weeks time instead of falling for the bullschitt and lies of those running the show.

you obviously don't know who I am.

[hampsteadclaret]

- no I don't please tell me, and just the truth please no bullshytt..

If you are on £150,000 a year-ish then I totally understand your post.

[Burnley Ace]

When we moved from Clareysmad I changed my username and whilst my income is not quite that high I have investments, trusts, businesses, private health insurance and school fees that will all be affected.

Your presumption is based on?

[hampsteadclaret]

Nothing at all Burnley Ace.
I was only joshing with you to be honest. I wasn't having a go a you..what I was getting at was this..

In My Opinion.. there is a lot of mis-information being chucked around before this election.
For quite a while I really did not know who to vote for and I had a bit of a downer on Jeremy Corbyn.
I am warming to him and I do like and respect the content and aims of the Labour Manifesto, and I would hope that they would give that a good go if they get elected ( which looks unlikely)
I will now vote for them.

There is a lot of difference between the larger parties this time and as a poster on here ( iibyw ?) said the other day, there is a real choice on offer and if the public choose not to back Corbyn, that choice will not be available again for a long time.

Corbyn, like him or not, vote for him or not, really is offering change and something different, a bit radical.
Theresa May and the Tories are saying little, promising less, hiding away and counting the days down until they hope the opinion poll numbers come rolling in.

Then.. millions of low paid and medium paid workers are going to get royally shafted, on many fronts in the 5 years that follow. Too late, it's done.

Trust me..the Tories will push up taxation ( their manifesto is vague about taxes) and it won't be the well off that get clobbered.
Anyway..there we are.

[scouseclaret]

On an economic note, as I understand it, governments borrow using 'Gilts' and most of these are for a fixed term and fixed interest. Recently Gilts have had an extremely low yield so it seems to make sense (i.e. it is cheap) to borrow at this time. The only issue is they will have to be paid back in so many years (fifteen, thirty say), and if they can't then that money will have to be re-borrowed with new Gilts at the then current rate which of course may be higher. As long as borrowers have faith we will pay it back we can borrow relatively cheaply.

As our NHS is in crisis, schools are suffering chronic underfunding and transport infrastructure is struggling to cope, our government could, if it chose, borrow money for 40years at a rate of about 1.8%. Surely it should actually be filling its boots - forty years is a long time to repay. There will be another boom along the way - just takes responsible government. However, what investment in these areas does take place tends to be through PFI and PPP schemes - a vastly more expensive form of funding. Although it is frequently (and correctly) pointed out that these schemes were enthusiastically embraced through the "New Labour" years they were, in fact, aConservative invention.

One final thought. Whilst the government can borrow money at anything from 0.25% to 2% (it depends on the term) our students are being charged interest of 6.5% on their loans. So, as the government preaches fiscal responsibility and "living within your means" it ensures that a large proportion of our young are starting life with 40-50 grand's worth of debt hanging over them. That is a national disgrace.

[taio]

Nothing at all Burnley Ace.
I was only joshing with you to be honest. I wasn't having a go a you..what I was getting at was this..

In My Opinion.. there is a lot of mis-information being chucked around before this election.
For quite a while I really did not know who to vote for and I had a bit of a downer on Jeremy Corbyn.
I am warming to him and I do like and respect the content and aims of the Labour Manifesto, and I would hope that they would give that a good go if they get elected ( which looks unlikely)
I will now vote for them.

There is a lot of difference between the larger parties this time and as a poster on here ( iibyw ?) said the other day, there is a real choice on offer and if the public choose not to back Corbyn, that choice will not be available again for a long time.

Corbyn, like him or not, vote for him or not, really is offering change and something different, a bit radical.
Theresa May and the Tories are saying little, promising less, hiding away and counting the days down until they hope the opinion poll numbers come rolling in.

Then.. millions of low paid and medium paid workers are going to get royally shafted, on many fronts in the 5 years that follow. Too late, it's done.

Trust me..the Tories will push up taxation ( their manifesto is vague about taxes) and it won't be the well off that get clobbered.
Anyway..there we are.

Vague about taxes? It clearly says the lower allowance will be raised to £12,500. It clearly says they will raise the 40% threshold to £50,000. It clearly says they will not increase VAT. It clearly says they are committed to 17% corporation tax.

[ontario claret]

Increasing taxes is not a bad idea in itself. It's more a question of WHO you tax more. In a "progressive" system, the onus is on the rich, because they have more disposable income. Problem is, the rich are more likely to flee to tax havens in order to protect their wealth. In the end, it's a political decision. Guns or butter.

[ontario claret]

And the VAT is supposed to be revenue neutral, but it obviously affects the poor more than the rich.