So......are you off on a spending spree?

[woody]

VAT INCREASE in Tuesday's Budget.

Will it be to 20% ?

OR

Will it be 25% ?

I hear Argos are already planning to open stores late into the nights before the rise takes effect - Maybe 1st JULY :twisted: :twisted: :twisted: :twisted: :twisted:

[mattreddan]

I don't get people who go on "spending spree's" before things like this, you end up spending money you wouldnt necessarily spend anyway, hence meaning you're loosing even more :S

[woody]

I don't get people who go on "spending spree's" before things like this, you end up spending money you wouldnt necessarily spend anyway, hence meaning you're loosing even more :S

Myself, I buy something when I want/need it.

However there will be people that will think that £7.50 on a £100 item (if Vat goes to 25% - which is likely) still isn't worth the agro............. But on a car, it would be bigger money (especially as most goes on depreciation) may be worth it.

Either way...............over the next few years we will be paying the penalty for having Scottish Bankers playing with our money!

[Mad Dog]

Either way...............over the next few years we will be paying the penalty for having Scottish Bankers playing with our money!

Yes, good to see the rest of the world is all fine though... oh, wait!

Unfortunately we'll be paying the price for voting in a group of millionaire Etonians with no understanding how the man in the street lives. Cutting the Future Jobs Fund, Young Person's Guarantee and University places is not cutting waste it's cutting training for jobs.

Of course it isn't surprising, the Tories are mainly responsible for us being reliant on the financial sector by flogging off everything else.

[ChorltonV]

And there was me thinking this whole crisis was a direct result of thirteen years of mismanagement by the Labour party. I'm not sure how the Tories can be responsible for a giant Socialist f*** up.

[Mad Dog]

And there was me thinking this whole crisis was a direct result of thirteen years of mismanagement by the Labour party. I'm not sure how the Tories can be responsible for a giant Socialist f*** up.

Yes, Labour was responsible for the collapse of the housing market in the US.

Perhaps if you looked at the damage done in terms of training due to the loss of appenticeships, the sale of heavy industry abroad and the screwed up situation prior to 1997, you might actually have some idea. The conversion to a services based economy happened between 1979 and 1997 and we're paying for it now.

[woody]

And there was me thinking this whole crisis was a direct result of thirteen years of mismanagement by the Labour party. I'm not sure how the Tories can be responsible for a giant Socialist f*** up.

Yes, Labour was responsible for the collapse of the housing market in the US.

.

YES it was! The Scottish bankers (with a W) believed that giving money to a 1st World Country like the USA was kool.

Freddie Mac and Fanny May were accidents ready to happen, because they GAVE car loans as well, and if you have ever driven or seen a YANK car.............well its like having a wank in a snow storm..... you see and get nothing! (BTW never done that, but the thought intrigues me) :lol: :lol: :lol: :lol:

[PhilM2]

And there was me thinking this whole crisis was a direct result of thirteen years of mismanagement by the Labour party. I'm not sure how the Tories can be responsible for a giant Socialist f*** up.

Yes, Labour was responsible for the collapse of the housing market in the US.

.

YES it was! The Scottish bankers (with a W) believed that giving money to a 1st World Country like the USA was kool.

Freddie Mac and Fanny May were accidents ready to happen, because they GAVE car loans as well, and if you have ever driven or seen a YANK car.............well its like having a wank in a snow storm..... you see and get nothing! (BTW never done that, but the thought intrigues me) :lol: :lol: :lol: :lol:

Unfortunately, I think everyone is right. They have all screwed up, Thatcher, then Blair then Brown.

Thatcher :
Disregard for UK manufacturing industry, and believing that the country can survive on service industries.
Dismantling of appreticeships and other industry based vocational training.
Dogmatic belief that privatisation inherently brings value for money, efficiency and effectiveness, and that state run has to be inefficient and poor value for money.
Pushing english culture further in the direction of greed, and diminished social responsibility.
Selling off of the state housing stock.
Pushing people into under regulated, un-protected private pensions.
Total lack of a long term vision for the county's infrastructure, including power generation and transport.

Blair
Many promises and very little action.
Big spending on much needed projects in the health service and education, but with ill thought out plans and inefficient use of resources
A war
Even further relaxation of the regulations needed to keep the financial institutions under control.
Selling off of UK gold reserves at rock bottom price.
Inability to restore confidence in pension provision.
Encouraging personal debt as a way of fueling the economy.
Lack of a plan for the country's infrastructure until far too late in the administration.
Taking up the Tory view that the country can prosper on the back of service industry, and believing manufacturing can be ignored.

Dont get me wrong, they have all done good stuff too ( combating the over powerfull unions, the national minimum wage ) but the Tories and Labour have both screwed up big time too. It's time for a government with genuine concern for all sections of the community who can dispense with dogma and instead take a pragmatic approach to government.