- Inflation accelerating- CPI currently 4.4% and RPI 5%. The Governor of the Bank of England - the man charged with keeping it at 2% - admits it will go higher still
- Sterling collapsing - against our trade weighted basket of currencies, sterling is now down 13% over the last year... and the inflation pressure is up even further
- Unemployment taking off - now up to 5.4%... so just since Tuesday, the Misery Index has pushed up a further 0.2% to 10.4% (compared to just 9.6% in May 1997)
- Public finances disintegrating - in the first three months of this financial year the government clocked up a £20.4bn deficit, £8bn worse than last year... the collapse in the housing market on its own means a £3-4bn budgetary hole, and this morning's FT brought news that Merrill Lynch is charging $29bn of its global sub-prime losses against UK tax - which means they will pay no UK tax at all for several decades! (HTP Joan W)
- Home repossessions soaring - despite constant assurances that "it was much worse under the Tories", the latest stats for home repossession orders show they are already running at around 112,000 pa (2008 H1 sa), and climbing fast; that's actually only 30,000 less than the 143,000 recorded at the height of the Tory mess in 1991... so watch this space (and remember the stats next time Yvette Cooper tries to make out the Tories were worse).
So all I can add to that is if you voted Labour fuck you. Fucking grow up, seriously quite what the fuck are you thinking? Believe that the benefits will last forever, well sorry but when the recessioncredit crunch bites harder the first thing to be cut will be benefits.
No matter that the constant tax increases - paid for by business - mean that getting a job is going to get ever harder, thus leading to more out of work and the government then taxing more an more to pay the unemployed. One day the system will either be cut or just collapse.
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5 people have spoken:
I seriously doubt a Labour government will cut benefits, Fido--they'd be punishing their own support base.
Look for higher taxes on the "rich". And a whole raft of sneaky increases on charges which will--of course--not be a tax increase, according to these bastards.
I appreciate and share your hatred of "new" Liebour,but why do you insist on equating them with socialism? Bliar deleted Clause 4 of the party's constitution immediately he came to power- the whole "means of production being controlled by the workers" thing was tossed out. I suppose having been voted in by everyone ever in '97 (or whenever) he felt Liebour could abandon it's traditional worker support. Now who's laughing?
Not the fuckin' workers, I tell you.
The saddest part of it all is that in few years time when Liebour are buried in a general election that will probably and hopefully leave them bankrupt, the Cuntservatives will do nothing to reverse this shitstorm. Their answer to failing government monoliths (benefits, NHS,Defra etc) is just to flog them off to anyone who wants them regardless of that party's interests in Britain.
Like you said in much earlier post, I just need those 6 numbers and I'm outta here.
From The Past wrote:
"The saddest part of it all is that in few years time when Liebour are buried in a general election that will probably and hopefully leave them bankrupt, the Cuntservatives will do nothing to reverse this shitstorm."
Isn't that the way it's supposed to work?
The so-called 'pincer movement'.
The 'left' demolishes a few of our principles and freedoms.
The 'right' gets elected on a platform that attacks what the 'left' has done. After getting elected the 'right' now leaves everything the 'left' has done untouched and focuses on other things which further erode our freedoms and national security.
Then the 'left' gets elected on a platform that attacks what the 'right' has done and so the whole process repeats itself.
I think you'll find that's what's been happening for the last 40 to 50 years.
When's the election coming, time to separate the Parasite C's from the real leaders. :)
MK the election can not come fast enough, we need to kick our Labour asap.
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