Simple Economics ?

[JemimaMuddleFuck]

I have cut back on everything.
I am going to cut back futher.

I will not be buying anything because I do not know what the future holds.

It's the Thatcher recession all over again. Tories. Cuts will hurt eveyone that works for a living; but not them.

Normally I would buy from John Lewis; Boden; Vertbuadet; La Redoute, Next.

I have spent not a penny; because the household budget is too tight.

It's a typical Tory recession. Look after your own is the Mantra. Those that have money will make more money.

Interest rates will rise. Production and unemployment will increase; but be carefully hidden in statistics.

Because I am not spending; like thousands of others; jobs will be lost..

Verbaudet, Boden, John Lewis. No sales.

No sales mean more unemployed. It fits the Tory profile because we will all be working for a pittance

Tbh, ^ the scooping the caviar from your husband's naval could well explain the D&V.

Absolutely not; it's not a family parlour game; no children are involved. The DC's only get fruit shoots and pot noodles from Ocado.

Plus; I use ocado's price matched dettox spray on all the rubber gear and DH's navel before we commence.

You can spend your money however you choose.
I do think though that if people have to get used to less it doens't always mean they are less happy nor does it do them harm. Perpetual growth isn't necessarily desirable for mankind nor the planet.

As long as Xenia has lots of money, everyone else can get used to having less. And fuck off, obv.

Xenia it would appear, scraped by when she was younger to enjoy the life she has today. That is simple economics, and she just did what any person, business or government should.

What gets me is the way they said "we're all in it together"!

No we are NOT!

In spite of Cameron's recent 'budget' trip to Spain....he and most of the cabinet are millionaires....they are not in 'it'...their lifestyles are not affected.

I'm sick of us tax payers having to keep bailing out the banks....and why? Couldn't be because the banks actually fund the tories could it?
and....those bankers continue to pocket exorbitant bonuses....it's a DISGRACE...grrrr

So? Are you really saying that the cabinet should be filled with people lifted straight from the "dole queues"? That's nonsensical.

What was Cameron supposed to do?
i) Budget trip to Spain
ii) 2 weeks on Necker
iii) Staycation

He couldn't win really could he?

There are lots of people richer than me. It sucks the big one, really it does. Equality for all - as long as I can have "more"! Life is fucking unfair. I couldn't run a marathon if you welded wheels to my feet. I'm not very good at scrabble either. Bugger eh?

No I'm not....

But how can he say "we're all in it together" if we clearly are not?

Grates on a lot of people...

Er... the rich pay taxes too you know. And VAT. And buy food. And do everything else that the rest of us do.

Have not read the whole thread but I really wish the Tories would stop blaming the last administration for the cuts! It just looks childish now. Believe it or not, there was a global economic crash.... and they're not the only government making cuts as a result. You can't heap all of the blame at Labour's door!

Stop blaming labour, blame Lehman Brothers for buying securities backed by sub prime assets, blame the housing bubble, blame the inflated price of commodities like metal or wheat or... or...

Sausagesandmarmalade -

The impact on the tax payer would have been significantly worse if we hadn't bailed out the banks.

The Labour government did the bailing, so I am not sure that your assertion that we did it because 'they fund the tories' holds water.

SeymoreBunnies -

Nobody is blaming Labour for the global economic crash, but the UK was poorly positioned to weather it due to their incompetence.

well done David and Co DHs wage slip arrived we are £10.50 better off due to paying less tax

Well I for one am sick and tired of being told we have no money.
My family are suffering due to cut backs.
We are struggling to pay the bills but all is ok because this stupid government and previous ones still have enough money to fund interferring in other people's business ie foriegn policy.

I do not accept that cut backs have to be made whilst we are still spending millions on sending planes etc to kill other people.

FGS we should look after our own economy first. Tis complete bollocks that we have to interfer in other countries disputes.

Smacks of the Thatcher policy of crap domestic policy -strong foriegn policy ie The Falkans etc. Sorry I don't buy it.

Many of the very poorest are disproportionately affected. Where I live there has been a major reduction in funding to support homeless people. So there are now less beds in homeless hostels, much less support to help homeless people get their life back on track and less beds in domestic violence hostels. These are the very poorest in society.

Unfortunately OP I know lots of people that have been made or are going to be made redundant. Last year it was all friends working for the private sector. Now it is people working for the public or voluntary sector or those in private sector jobs providing services mainly/exclusively to private sector - including my partnrer who works for NHS.

It scares me tbh how many people are losing their jobs. And there are very very few jobs being advertised locally that these people can apply for.

The banks should have stronger financial penalties for mis-managing the funds.

I don't this jealousy thing. I genuinely don't go around wishing I had what XYZ has. There' s no point? There will always be people better off and worse off than we are. It doesn't largely correlate to happiness anyway which is a matter of brain chemicals and that kind of thing. So why should it matter if people have to drink only tap water I do and not buy coffee or even have to endure a post divorce loan as big as mine is? It isn't the case that if you lose your tax credits or child benefit you plunge into suicide. Of course it's hard to change standard of living but really does it do anyone harm if their hobby becomes cooking a mean baked potato rather than organic rump stake or moves from expensive trips to the cinema to a walk to the local park?

I am fed up too muminthemiddle. Especially when this government point a finger at labour, while giving corporations a tax cut! Thats right, corporations who are getting big profits now contribute LESS towards this country.

The bankers who caused the huge deficit still getting huge bonuses, with minor tinkering.

In the meantime, people working hard for this country are losing their jobs. The government is planning to make more people homeless when they cut their housing.

Poor children cant afford meals or busfares to get to school.

Children are being forced to accept loans of £44,000 to get a university education.

Many people are missing meals.

Essential services and social support is being cut across the country.

The NHS is being cut up, priced up and sold off.

The government is wilfully damaging our own economy.

But the government will be fine, they are all millionaires dont-cha-know. They will probably pass themselves a big inheritance tax cut policy too, just in time to inherit daddys millions.

It's nothingl ike that at all. The rich have had the most pain with tax rates now over 50%. The squeeze middle are next but not losing anything like as much.

We continue to pay state benefits and all parties are committed to the welfare state so people should not go hungry. We all know how cheaply you can eat with planning.

There is no plan to make more homeless because there is a statutory duty to house but they are trying to tackle things so that you cannot claim housing benefit over £20,800 a year in London so that the poor cannot live in houses the squeeze m iddle could only dream about in areas most of us cannot afford which si right and proper and long over due. We also need to get well off people in 4 bed council houses with only a couple or one person in into smaller houses. There is a huge way to go.

University funding by the state was a way the rich helped the rich and the poor paid taxes which went for the benefit of the eduation of the middle and upper classes. The switch to self funding and loans is arguably a rather left wing thing to do.

I would be surprised if Cameron were worth more than Blair if the both realised all their assets but I might be wrong.

It's my understanding that Cameron is "only" worth (or at least before becoming PM) ~3 million, and that the money is actually his wife's.

The government is still actually borrowing money at the rate of 3 billion per day. So, how's that for cuts for you? (More in this week's Private Eye if you're interested).

DegreesExperience Whilst no fan of the bankers, it is not the bank who ran the finance department at your local hospital. It is not the bank who got the "fancy statue" erected outside your local town hall and it's not the bankers who are asking people to fund themselves if they wish to do a 5 year Masters course in Pottery. So, I would ask you - where exactly do you think the money is going to come from to fund all and sundry to do "anything they want to do"?

It's certainly a fairly left wing thing to make the rich and middle classes pay their university fees from which they benefit rather than having the working class non degree educated poor fund the privilege of the middle class gaining a degree from which they personally benefit for life. If it means fewer people pursue pointless degrees so much the better., If some of the poor are unable to use a calculator and work out if a degree means they would earn more and pay back a loan then more fool them.

Yes Cameron has £3 million - a 'triple millionaire' if you like. He is also in line to inherit £ 30 million, so I can understand his motivation for entering government and being able to change the inheritance tax rates (seeing as he has little personal interest in public services, has never used them, will never actually need them himself). No wonder his face is so smooth and relaxed.

The bankers who caused the financial crisis through their recklessness, and caused the huge deficit when we had to bail them out, are still getting huge bonuses.

The richest corporations, the ones taking the most money out of this country in big profits, are getting a tax cut, meaning they will contribute even less.

In the meantime, people working hard for this country are losing their jobs. The government is planning to make more people homeless when they cut their housing.
Poor children cant afford meals or busfares to get to school.
Poor children are being forced to accept loans of £44,000 to get a university education.
Many people are missing meals.
Essential services and social support is being cut across the country.
The NHS is being cut up, priced up and sold off.

The government is wilfully damaging our own economy.

Why blame the Tories? I voted Labour and I blame them at every turn.