June 7th, 2011

To Grow Faster, Go Further

Growth is anaemic, that much of the Balls critique is true, the cause is not the government’s spending cuts, they have barely started, the £6 billion down payment on deficit reduction is not even 1% of GDP. Some of the reasons are external; US economic doldrums, Japanese earthquake related supply-chain disruption, cost push inflation and some are internal; lack of business and consumer confidence, difficult credit markets and rising interest rate expectations. So what is to be done?

The IMF report recommends

“…tax cuts are faster to implement and more credibly temporary than expenditure shifts and should be targeted to investment, low-income households, or job creation to increase their multipliers… Simultaneous adoption of deeper long-run entitlement reform would be desirable to safeguard fiscal sustainability and market confidence…”

It also points out that

“The level of public spending as a percentage of GDP in our forecast has reduced by about half a per cent of GDP as compared to the previous fiscal year. However, it remains very far above the pre-crisis levels of spending and represents a long-term high in spending. It’s important to maintain that perspective”

Plan B, the Balls plan, is for higher taxes and more spending, the same plan Brown had which took us to the brink of bankruptcy with the biggest government deficit in the G20. That can be dismissed as a failed ideology, now tried for 13 years and tested to destruction. If faster growth is required the IMF actually recommends an accelerated Plan A, “Plan A+”, cutting taxes for those on low-incomes, cutting welfare payments to those who are healthy yet on long-term unemployment benefits and cutting overall government spending back to where it was before Gordon. The UK is cutting public spending slower than Obama and at a rate slower than even the EU average.

The IMF’s Plan A+ to boost growth should be considered along with supply-side reforms to boost business confidence, if we rolled back government spending there would be more room for income tax cuts to boost consumer confidence. If we want more private sector jobs and to grow the economy fast and sustainably, Plan A+ makes sense. Preferably sooner rather than later.


227 Comments

  1. 1
    Billy Bowden is the greatest umpire ever ! says:

    Yep simple, Let private buisness breathy and get the state to get its own house in order , with tax cuts first!!!!

    Like

    • 2
      Rat's arse says:

      All I know is Billy, that whatever Balls says, the opposite must be true.

      Like

      • 11
        Steve Miliband says:

        Anything that gets Balls agitated must be a good thing thing. How about a plan AAAAAAA++++++++++++++++++++++++++++++++++++

        Like

        • 111
          David Laws Lib Dem fiddler says:

          Plan A says nothing about the vast sums being given away to EU, overseas aid etc. Plan A is more about making it as they go along.

          Like

      • 18
        Anonymous says:

        It follows from that statement eveything Balls says must therefore be a lie.Well,we already knew that.

        Like

    • 20
      Crash says:

      The deficit has to be dealt with, doing it now at least ensures that it’s not there for younger people to pay for when they start to pay tax, though the debt and debt interest will be.

      Unfortunately we destroyed a generation of skilled manufacturing workers by allowing the unions and poor management to destroy our motor industry. Our cars were crap because any money for investment was spent on wages for union members egged on by communist union reps who wanted nothing more than to ruin our industry so that the USSR could step in. This is to a lesser extent true of the aircraft industry though miraculously Rolls Royce and the tiny Bristol car company has survived after splitting from the aircraft manufacturing company of the same name.

      Like

      • 59
        The voice of unreason says:

        Unfortunately, you’re largely preaching to the converted here. The biggest obstacle is the level of economic illiteracy amongst the public – any tosh thrown about by the Labour party seems credible to them.

        Like

        • 73
          Social Parasite says:

          Da money comes from Giro innit. Da Brown and da Balls made da Giro da strongest money in da world. Innit.

          Like

          • Social Parasite's slack-jawed mate says:

            Innit, though.

            Like

          • Gordon Brown says:

            It is true my brother, don’t you forget next time you vote.

            Like

          • Social Parasite says:

            Hey da Brown Man! Is da vote fing the same as when I make my mark at the dole innit. Da X fing yeah?

            Like

          • Gordon Brown says:

            Just make sure you apply for a postal vote and the nice labour man who knocks on your door will fill it out for you. This will ensure your dole is safe, isn’t it.

            Like

      • 145
        Drop a Daisy cutter on the BBC says:

        You only have to listen to the mongs on the BBC, almost all of them are leftie arts liberals. Get a subject to do with science or engineering and the female usually starts to giggle that “I was never any good at maths”, but probably very good at eating her girlfriends pussy.

        The males are only good at maths when working out how many grams of Cocaine they need for the weekend and if they can get a 2 for 1 rent boy offer islington.

        When science or engineering is on the BBC (with the exception of the Sky at Night) it’s dumbed down crap aimed at thick council estate chavs.

        Almost all of our political elite are barristers or history/politics twats, perhaps if we had a few more engineers in parliament we might see a real investment in high tech skills.

        Why are we no1 in the world for Formula 1 yet we can’t run our own car industry?

        Like

    • 57
      Anonymous says:

      It is easy to grow, but government will not do it. It can be done by

      1) stopping immigration
      2) cut subsidies, especially the billions given to farmers and to keep land without growing any thing.
      3) import tax, India and China has it.
      4) subsidies exports like India, China and US (they are doing it indirectly)
      5) cut VAT to zero
      6) stop jobs going to other countries
      7) combine NI and PAYE

      Like

      • 79
        Anonymous says:

        I heard Milliband blathering on this morning about how great the NHS was under Labour and how Cameron was destroying it.
        Last autumn my Granny broke her hip. The hospital treatment she received was faultless and the after-care superb.
        Last Tuesday my husband went to an NHS physio about a knee problem and the physio decided he needed an MRI scan.The following day the hospital phoned us to make an MRI appointment for the Friday morning and the scan results arrived today. How’s that for service?

        Like

        • 88
          Squirty says:

          You are an orthopaedic surgeon in a pinstripe suit and I claim my £5.

          Like

        • 91
        • 113
          Anonymous says:

          Did Cameron put all these in one year?

          IF NHS is wonderful as you said, why change it?

          Like

        • 121
          Anonymous says:

          Now NHS has two management structures, with changes it will have five. Even councils are going to have a say.

          My main problem is, where are GP’s going to get time to all these extra work?

          Like

          • Drop a Daisy cutter on the BBC says:

            The NHS is fucking shit, it’s murders thousands every near and gets away with it. 99% of the staff are idle fucking twats.

            Scrap it, let me decide what health care i want to pay for not some fucking 100k a year manager

            Like

          • Patience says:

            No, the main problem is, when are GPs going to get time for all this extra work that doesn’t interfere with their golf.

            Like

        • 146
          Moussa Koussa says:

          Errrrrrrr

          Last Autumn……error Tories hadn’t stated their NHS dismantling programme

          MRI equipment – input due to Labour investment

          Quick scan results due to IT investment in NHS…. Tories currently trying to scrap the IT roll out

          Quick appointment turnover due to National IT booking system ( Choose and Book )- Tories currently trying to scrap

          After-care – soon to be in the hands of Volunteer groups as part of Big Society ( ssshhhhh ) nonsense.

          All Trusts currently laying off front line medical staff, including physiotherapists.

          Soon the entire NHS budget will be in the hand of, how can I put this, GP Warsi’s ( if you get my drift ).

          Like

          • Lefty McLeft says:

            Surprised you didn’t recognise post 79. It was identical to the template Labour fans used to write into newspapers whenever the NHS was mentioned.

            Like

          • Anonymous says:

            Sorry to disappoint you Lefty McLeft but I wrote post 79 all on my own without any help, coaching or templates and I swear on my Granny’s lovely new hip that it’s genuine.

            Like

          • AndyN says:

            You’re surely joking Moussa Koussa – Labour’s NHS IT programme has since become a byword for peanut-brained mismanagement, pitiful under-performance, spiralling costs and miniscule (if any) change in results. (And Choose & Book is the biggest fucking joke of all.)

            Quintessential Labour. “Doesn’t-matter-if-it-doesn’t-work-as-long-as-we-can-say-we-“invested”-it’s-only-taxpayer’s-money-anyway-piss-it-up-the-wall.”

            Like

      • 131
        Anonymous says:

        The Queen qualified for £473,500 in farm aid in 2009 for Sandringham Farms while NFU president Peter Kendall’s family business, WJ Kendall and Sons, qualified for just less than £180,000.

        In total nearly 200,000 farmers across the UK received payments of £3.3 billion, up from £2.6 billion in 2008.

        Terry Jones, NFU acting director of communications, said the payments were needed to ease market pressures, to help keep prices sustainable in times of crisis and to give farmers a reward for looking after the environment.

        Like

      • 227
        Lee Enfield says:

        Perfectly simple. Shoot the unemployed. Huge benefit savings and unemployment reduced to nil at a stroke.

        Like

    • 85
      AC1 says:

      House Affordability rises most in 19 months!

      http://www.telegraph.co.uk/finance/economics/houseprices/8560956/

      Like

      • 149
        Moussa Koussa says:

        Keep on kidding yourself

        Like

      • 161
        Moussa Koussa says:

        errrrrrr

        Rents have gone throught the roof…Only rich landlords left in the market. Even viable cash rich care homes are having to request lower rents. Shops on high street decline excelrating due to commercial rent rises…….Keep on kidding yourself. …Aploogist

        Like

    • 199
      Dave says:

      I get the idea. Right, we will start by increasing foreign aid.

      Like

  2. 3
    Sir Barrington Minge says:

    Plan B?…Plan Balls?

    No chance!!

    Balls is an unpleasant stain on the fabric of British politics and his legacy will be to be completely ignored and forgotten.

    Bye bye Blinky….you twat!

    Like

  3. 4
    Cameron. How I fucking hate him. says:

    EU Membership fee: £10bn p/a
    Foreign aid: £11.5bn p/a

    Combined, Camoron wastes four times more each year than was wasted once-only when Bonkers Brown sold the gold for peanuts.

    Cut-out the above waste and ta-da! There’s your money for tax cuts.

    Like

    • 35
      Steve says:

      I’m no fan of the EU (I want an economic union, not a political one, and long for an end to the CAP), but if you think leaving it would save as much as the amount of the membership fee, you’re in dream land.

      Like

      • 41
        No more suffocating EU legislation says:

        You’re right. It would save more.

        Like

      • 43
        AC1 says:

        It would save more than the fee.

        We’d be free to trade with the world where the U.K. makes most of it’s profits, not just with a cartel of failing european marxist economies.
        We could get rid of economically harmful mal-regulation like the HRA, and working time directive.
        We’d be insulated from further bailouts of failing euro-bond holders.

        Like

      • 54
        sockpuppet #4 says:

        What are the big costs then?

        TBH I’ve never bothered thinking about it.

        Like

        • 93
          Smig says:

          Building motorways in the PIIGS. Built by local corrupt construction companies that are allowed to bribe pay workers inflated wages so they vote for EUSSR friendly political masters improve their standard of living.

          Like

          • sockpuppet #4 says:

            So we’d have to pay for more roads in portugal should we leave the EU? bugger.

            Like

          • Smig says:

            The massive backhander is part of the exit clause. Probably.

            Like

          • UKIP Supporter says:

            They have some really nice British paid for roads across most of spain.

            After thirteen years of them, I’m getting used to potholes.

            But started to work less days per year.
            The take home changes little and it does not cost petrol tax (in spades) to get to and from.

            Like

    • 78
      Archer Karcher says:

      We could also rid ourselves of the ridiculous carbon tax bollocks and EU harmonisation ( removal of choice ) costs.
      Ed Miliband’s carbon reduction madness, is costing £18 billion a year for the next forty years for gods sake, utter madness.

      Like

    • 82
      Iloathlefties says:

      True. Now add the £9 billion burden of implementing EU directives. Bam, we get back our entire fishing industry and the 400000 jobs associated with it. Wallop, we take control of our borders and give our 1000000 young people a chance of a job instead of Eastern Europeans and stop having to pay benefits immediately to EU members as of 1st May 2011. We would get rid of the CAP and save ourselves billions in food prices. We could stop ALL immigration and save the International Health Service and all our public services billions where many foreigners havent contributed a bean!! We could exempt ourselves of the ridiculous criminal charter, the Human Rights Act.

      Wake up politicians I feel an English “spring” may be coming soon.

      Like

  4. 5
    Billy Bowden is the greatest umpire ever ! says:

    what really fucks me off is that currently goverment collects 600 billion a year in tax ( give or take a few billion, We live in a country that has 60-65 million people in, Yet we have some politicons that say we need more and borrow more.

    Isnt 600billion enough or are politicons shit a maths?

    If politicons put the intrest off the taxpayer first instead of thier own intrest we wouldnt be in the fuckin mess we are in.

    Like

    • 8
      sockpuppet #4 says:

      “Isnt 600billion enough?”

      I bet every last MP could suggest ways to spend more.

      Like

    • 9
      Crash says:

      There is no requirement to keep foreign aid at 0.7 % of GDP. That is unforced, inessential spending and as such in my opinion it is theft from UK taxpayers. Tax is only desirable in the situation where the government can provide something for the people better than the people can for themselves. We have private charities if you want to waste your own money.

      Like

      • 17
        Steve Miliband says:

        Foreign aid = bungs. How else do contracts get won overseas?

        Like

        • 23
          Crash says:

          I expect this is true to some extent, I am in general in favour of using bribes when beneficial to the UK interest, however I believe that this is more of a (futile) political decision to detoxify the toxic tory brand.

          Like

          • Steve Miliband says:

            Agreed that it is a political gesture, but these guys that want new toys and buildings like their Mercedes.

            Like

    • 12
      David Camoron says:

      But but but.. the more of your wages I take away from you, the more I can give away in foreign aid, to countries that don’t deserve any of it, and that will make you feel proud.

      You do want to feel proud, don’t you?

      Like

      • 19
        sockpuppet #4 says:

        Seems like quite a good idea to give India enough money to get shiny jets to try and scare (country-that-shall-not-be-named-but -is-to-the-west).

        Sounds like contracting the job out, on the cheap.

        Like

        • 24
          The bombs fall to the west, but no-one's there. says:

          True, but Cameron’s given £650m (of our wages) to that country to the west. A country which is, so far as I can tell, relocating to Bradford even while we speak.

          Like

          • Archer Karcher says:

            Just Bradford? I can think of a dozen cities off the top of my head, excluding entire London boroughs, that now in large part resemble Karachi.

            Like

          • Marmite says:

            Stoke-on-Trentistan is the place to visit! Roll up to see the muzzies buying prime land off the Council for a pound to build their ‘mosks’. The place is sw@mped with these so-and-sos and you really are hard put to hear an Engl@sh voice in the towns.
            THANKS A FECKING LOT LABOUR!!

            Like

          • Ahmed Ishmael, George, from the Akash Restaurant. says:

            The same is happening in Portsmouth thanks to our benevolent MP, Councillor and hero, Mr Handycock. The Asian population has increased one hundredfold in the last ten years and we now have three Mosques. Thanks Mr Handycock, we all vote for you.

            Like

        • 30
          Eeu to me says:

          India gets the Danegeld to keep the industries that were sold to them, Ie steel and Landrover in Britain, they can build them far cheaper in India.

          Like

          • ichabod says:

            Does one still get censured on this site if one mentions, unfavourably, ‘our M*sl*m brothers and sisters’ ?

            Like

          • Tell it like it really is says:

            Fact – the rate of TB is higher in Tower Hamlets than Pakistan – quelle surprise.

            Like

        • 48
      • 65
        Crash says:

        How could anybody feel proud with Dave as PM, a huge deficit and ugly, ugly celebrities on our political television.

        Like

        • 139
          Andrew Neil says:

          We can’t help it, we have to have Diane for balance, that is she balances one side of the sofa, Michael and I the other. If I ever stood up Michael would be shot to the moon.

          Like

    • 16
      Nu Attack Dog says:

      Tax – don’t talk to me about tax.

      Like

  5. 7
    Shakoor Rana is the greatest umpire ever ! says:

    Back from Lords eh!

    Like

  6. 13
    Moussa Koussa says:

    *****APOLOGIST******

    You aint see me right

    Like

  7. 14
    RED ED - SON OF BROWN says:

    Tacth and thpend, tacth and thpend !!! It worked bwilliantly under Brown/Balls.

    Like

    • 21
      Rat's arse says:

      Red Ed Saw you on the t.v. this morning me old cocker. You looked like a slitty eyed gonk. What an ars@hole!

      Like

      • 25
        David Miliband (the less objectionable brother) says:

        I’m still available.

        Like

        • 101
          Archer Karcher says:

          Miliband D. is as objectionable as it gets in my book. Shyster, totally without any saving grace.

          Like

      • 33
        Steve Miliband says:

        What was with the frowning? Trying to stop being Bug eyed?

        http://awkwardedmilibandmoments.tumblr.com/

        Like

      • 36
        RED ED - SON OF BROWN says:

        You howwwid people !!

        http://bit.ly/kgqeIr

        Like

      • 39
        Some Tory boyz are shit says:

        I saw Edith on the TV too. To me he came across as intelligent. More than Cameron did giving 5 pledges to protect the NHS from himself.

        I remember Bliar before he took office. He actually came across as very intelligent and prime ministerial back then.

        When I saw Cameron before the last election he came across as an idiot. I think most of the voters percieved this too, hence the lack of a majority despite Iraq etc.

        Since then it’s been piss poor policies and U turns. You can’t blame the dems as they signed up to the NHS reforms, which were roundly criticised by health professionals.

        Worryingly Ed comes across as really intelligent and competent.

        Like

  8. 22
    Moussa Koussa says:

    Fascinating stuff Guido. The IMF – errrrrrr that will be the organisation whom you have been slating for the past 5 years….LOL

    Like

  9. 26
    les says:

    Obama cutting? he hasn’t even got a budget yet!

    Like

    • 109
      Archer Karcher says:

      Obama is willingly cutting nothing, the Republicans are driving the cut agenda, not the Manchurian Moonbat.

      Like

  10. 27
    Moussa Koussa says:

    errrrrrr more cash to Pakistan and India……LOL

    Like

  11. 29
    Ed Millimuppet says:

    “Japanese earthquake related”

    Wass that another one of Balls nasties with the dust hardly selled and he’ sthrowing that at the Coalition. Odious fucker

    Like

  12. 32
    annette curton says:

    I think they all need a reality check (cheque?), U.K borrowing is still rising, the Titanic is going full steam ahead, “cuts I see no cuts” the lookout in the crows nest should have gone to Specsavers.

    Like

    • 119
      Archer Karcher says:

      Absolutely correct,

      Spending up: Check.

      Taxes up: Check.

      EU funding up: Check.

      Bail out money up: Check.

      Overseas aid up: Check.

      Inflation up: Check.

      Energy cost up: Check.

      Disposable income down: Check.

      Did Labour win the last election, because it sure as hell feels like it?

      Like

  13. 34
    Bob Monkhouse says:

    ‘Some of the reasons are external…’

    Ah, I see. You mean ‘It started in America’?

    Like

    • 50
      Moussa Koussa says:

      “”””Some of the reasons are external”””””

      Wetting myself Guido….didnt Brown use that argument, and here you are now doing the same….apologist

      Like

      • 68
        Bob Monkhouse says:

        Yes, but it’s different when the Tories are in. Repeat after me: ‘It’s not what you do, it’s who does it.’

        Like

    • 172
      Anonymous says:

      Bit of a difference between acknowledging there are external factors and trying to claim the whole thing started in America.

      If you can’t see that, it says more about the two of you, Monkhouse and Koussa.

      Like

  14. 37
    Voice of Treason says:

    In a year or so when shallow Cameron and Osborne will have ruined this country, all the right wingers on this site will wonder what’s hit them. If it hadn’t been for Brown this country would now be on a par with Greece. It was Brown who saved this country from complete financial ruin. He was very unfairly treated and scorned but in a few more years he will have been proven to be right and will be having the last laugh.

    Like

    • 38
      Billy Bowden is the greatest umpire ever ! says:

      Good one lol :-)

      Like

    • 44
      Mike Naylor says:

      I am not a huge fan of Mr Brown, but he was a man of great standing across the globe. He single handedly saved the world from financial meltdown and he handed over an economy in tip top shape through his prudence. He may not have been everyone’s cup of tea but he was level headed and a great communicator with people on all levels.

      Like

    • 53
      Rat's arse says:

      ‘Voice of Treason’ – are you for real? There must be some kind of treatment for ‘head up the arse syndrome’.
      Brown was/is an incompetent, deranged retard, who should have been sectioned years ago.

      Like

    • 56
      AC1 says:

      Are you on day release?

      Like

    • 60
      Rat's arse says:

      Sorry ‘Voice’, I didn’t realise you were just jesting! Sorry for the lack of humour on my part……………….good joke!

      Like

    • 61

      I think you’re on the wrong site.

      You want http://www.revisionist/history.org

      Like

    • 64
      annette curton says:

      On a par with Greece because of his double bogeys, the snot gobbler.

      Like

    • 75
      I don't need no doctor says:

      It’s already ruined you fart, and by your labour government. Why are your type so stupid.

      Like

    • 202
      Handycock, No1 Trougher in Parliament. says:

      I agree entirely, Gordon should have been made Chief Executive of the IMF, the World Bank and President of the World, all at the same time. The man is a genius and an inspiration to us all.

      Like

  15. 40
    Anonymous says:

    What cuts?

    Like

    • 62
      Cameron: how I fucking hate him. says:

      The ones that mean we no longer have an aircraft carrier, so we now fly war-planes from Italy and Britain to Libya, at greater cost than actually maintaining the carrier in the first place.

      And Camoron scrapped the carrier because “we face no conflicts in the next 10 years”.

      Like

      • 81
        simon r says:

        I think you’ll find that before he went Gordon signed off for 2 new aircraft carriers to be built in Jockland that he knew we could not afford in order to save votes.

        He also put in such get out clauses ( I think one was to guarantee wages even if the project was scrapped ) to make it impossible for any incoming government to back out.

        That is why we have to scrap Ark Royal and at the end of it we just have to sell the damn things.

        Thanks Gordy – the gift that keeps on giving.

        Like

        • 154
          Cameron: how I fucking hate him. says:

          Hmm. But we now spend more money flying planes from Italy and Britain because we don’t have Ark Royal than we’ve ‘saved’ by scrapping Ark Royal.

          Call me thick, but I don’t quite follow the cost-saving logic here.

          Like

          • sockpuppet #4 says:

            Mainly that no one expected to be running a war against libya.
            What are your figures? How do they work out when it stops?

            Like

      • 83
        Righty Right Wing (Mrs) says:

        He actually did it to facilitate the onset of the EU Rapid Reaction Force.

        Get rid of our British assets to the point & extent that we rely on Europe.

        Duplicitous two faced lying Heathite.

        Blue Labour out.

        Like

      • 86
        Crash says:

        Meanwhile fairly generous housing benefit reforms, capping what one may claim to approximately the average national wage are shouted down by Lib Dems who think London will be less diverse without huge subsidies to the lazy. F*ck off Lib Dems, diversity is not worth paying for. Scientists are being laid off, Aircraft carriers sold or mothballed meanwhile London rents are through the roof while the residences are occupied by useless layabouts.

        http://wembleymatters.blogspot.com/2011/06/housing-benefit-cap-stark-reality.html

        ‘Myself, my wife and our eight young children have been told that, before January 2012, we must move to “the fringes” of London or further afield,… as a letter from Westminster Council benefits puts it: “to make sure that people on benefit are not living in accommodation that would be unaffordable to most people in work”.’

        Like

      • 87
        Gordon Brown says:

        Yes. It’s all his fault. I left a golden legacy. Why did he sign a contract to build 2 white elephant carriers in my constituency? And why did he sneak off and sign the Lisbon Treaty?

        Like

        • 157
          Cameron: how I fucking hate him. says:

          That has nothing whatsoever to do with scrapping Ark Royal and then spending more than was saved on flying planes from Italy and Britain because we no longer have an aircraft carrier.

          Does it? No. It doesn’t.

          Go back to your warm feeling of pride, as Camoron p!sses your wages all over an eternally-ungrateful Pahkisstan.

          Like

      • 105
        Crash says:

        I want those aircraft carriers but I want them with planes on to defend Britain and our interests. I did not want the one that we have to be scrapped. I do not want housing benefit of more than £1000/month to be paid to anybody. I do not want 0.7 % of GDP to be paid to distant parts of the world when we have poor, ill and elderly people here that we need to help.

        Our education system is a mess and largely only gives good treatment to the privileged, our competitiveness has been destroyed by meaningless exams necessitated by terrible parenting making our children very difficult to teach and control.

        Someone needs to get the priorities sorted, sadly when the only aim is to be less detestable than the opposition party this will not happen.

        Like

  16. 42
    Chris Bryant says:

    I think the bulge in my briefs are better than Weiner’s.

    Like

  17. 55
    Father Ed Milly says:

    Thoo thar.. Thoo thast.Thoo thar.. Thoo thast.Thoo thar.. Thoo thast.Thoo thar.. Thoo thast.Thoo thar.. Thoo thast.Thoo thar.. Thoo thast.Thoo thar.. Thoo thast.

    Ith there anything elsthe tho add tho this manithesto, Balls? No?
    Ok .

    Page 7. para 12.

    Thoo thar.. Thoo thast.Thoo thar.. Thoo thast.Thoo thar.. Thoo thast.Thoo thar.. Thoo thast………..

    Like

  18. 66
    Handycock says:

    Anthony Weiner is my new hero. He’s taken what I did to another level. I’m in awe, master. I will follow your teachings.

    Like

    • 178
      Eve says:

      Top tip to men like Weiner:
      No woman will ever be impressed by a pathetic picture of a man in old-fashioned greying pants.

      Like

    • 189
      Anthony Weiner, fellow Pervert says:

      Thanks Handy, you are also my hero and the hero of many politicians in the US. How do you manage to hang on for so long, being both a Spy and a Pervert? It is miraculous.

      Like

      • 215
        Handycock says:

        It takes a lot of time ( I have been at it for over 40 years). Firstly you need to be a Freemason and you need to be in power. You then influence appointments of both senior politicians and bureaucrats who are either Freemasons or are prepared to join. You use the Brotherhood to engage with businessmen, politicians and buraucrats. Using your skills as a politician, you fix yourself up with a key portfolio, in my case, planning. You then use your political influence to get kickbacks. In Portsmouth it was easy, because all the big property devlopers are also big time drug dealers and Freemasons, all of whom need planning permission, which they get from me. I get the kickbacks and share them with senior politicians and bureaucrats. I then let them know, that if I ever go down, I will take them all with me. There is so much money involved, that I can buy protection from the police and the Party, by making political donations, which are easy to disguise. Finally much use of taxpayer’s money is used also, to buy off even more politicians and bureaucrats, through sale of public assets cheaply to them, and providing them with massive pay rises. Taxpayer’s money even paid for me to have a full time Public Relations Officer to keep my name out of the press for sexual indiscretions. It is all quite simple Anthony. Jahbulon.

        Like

  19. 69
    I don't need no doctor says:

    Balls is a complete tosser.

    Like

  20. 71
    Gordon Brown says:

    History will judge me fairer than you puny fools. I was the greatest! Bow before my economic genius!

    Like

    • 141
      Archer Karcher says:

      You were utter shite Gordon, sadly, the people who followed you in office are barely better.

      Like

  21. 76
    Righty Right Wing (Mrs) says:

    So what is to be done?

    * Low taxes

    * Small State

    * Get the Government out of the economy

    No chance of that with these Guardian reading “Tories” who seem hell bent on being remembered for continuing the fiscal insanity of McMental.

    Blue Labour out.

    Like

  22. 84
    Billy Bowden is the greatest umpire ever ! says:

    Matt prior is having a “smashing ” time at Lords. Tut Tut!

    Like

  23. 89

    People more qualified then Gordon to run the IMF

    1. That Weiner bloke.
    2. Ronan Parke
    3. Mickael Barzalona
    4. West Ham
    5. Zak from Zingzillas
    6. The ‘Go Compare’ insurance weirdo.
    7. Lady Gaga
    8. Johnny Depp
    9. Cheryl Cole
    10. Ed Miliband.

    Like

    • 147
      Steve Miliband says:

      Even one of the ‘Apprentices’ – ”Britain’s brightest entrepeneurs”, God help us.

      Like

      • 159
        sockpuppet #4 says:

        I would like to see a celebrity apprentice show with Bez.

        Although he’s perhaps over qualified due to his work in international busines

        Like

    • 155
      Prole says:

      Bernie Madoff

      Like

    • 212
      the last quango in paris says:

      his little boys must have completed key stage 1 now and so i think they should be added to the list.

      Like

    • 220
      Mike Oxonfire says:

      1. Sooty
      2. Andy Pandy
      3. Benny from “Crossroads”
      4. A tub of lard
      5. A small piece of putty

      Like

  24. 97
    Sres says:

    Benefit cuts would force people to move to find work, something that doesn’t happen these days.

    Panorama are championing a prime example at the moment Rhyl. Over 50% of the population of Rhyl are on benefits. Far too easy to sit back and live, than leave a dying town to find work elsewhere in the country.

    Economic migration isn’t just for those coming to this country.

    Like

    • 114
      Steve Miliband says:

      Rhyl makes Blackpool look sophisticated

      Like

    • 142
      Archer Karcher says:

      Half the population of Rhyl are ex-patriate scousers, what do you expect the scally’s to do, work? Never going to happen while ZaNu or the coalition shower money at them.

      Like

      • 176
        Alex says:

        Yep, and as we all know, those that come from that dump of a city in the north west take great delight in telling us that “we’re not English, we’re Scouse”.

        Apart from on signing day and giro day of course.

        Like

    • 222
      steam Iron@specksavers says:

      Dole= paid house arrest.

      Make them go out and earn money=pride, self belief etc.

      Like

  25. 99
    the laughing donkey says:

    There’s a plan?

    Like

  26. 108
    Cynic says:

    Public expenditure cuts can be fiscally neutral if matched by equivalent tax cuts eg to lower income taxpayers. We simply let people keep more of their own money and spend it as they chose without the state taking it and then telling them what to do with it.

    Fundamentally that freedom is what Balls hates. All those little people who (in his assessment) are much less intelligent than Blinky deciding how to spend their money. Doesn’t bear thinking about does it.

    Like

    • 122
      AC1 says:

      Aligning the economy with what citizens demand can be described by another phrase…

      Economic Growth.

      It’s what the larger the portion of the economy directed by bureaucrats (or criminals (same difference)), the poorer the country.

      Like

  27. 112
    Gordon Brown says:

    I want a shag.

    Like

  28. 127

    Its been tried before. The money just gets blown in an orgy of pwoperdee speculation and corporate takeover fever, whenever there anything approaching a modest amount of growth.

    Like

  29. 129
    Moussa Koussa says:

    April 2010

    Inflation = 3.4%
    Petrol = £1.12 Ltr
    Dole = 2.4m
    VAT = 17%

    April 2011

    Inflation = 5%
    Petrol = £1.35 Ltr
    Dole = 2.4 m
    VAT = 20%

    Yeah just great economic progress

    Like

  30. 132
    Drop a Daisy cutter on the BBC says:

    Ed Testicles is a mong, he really thinks that following the same fucked up failed economic plan of his jock twat mate from Fife that failed failed failed is his plan A? It wasn’t until very recently that McMong even admitted that we needed any cuts.

    Liebore need to wake up, most sensible people know the Country is fucked, ALL opinion polls show a majority in favour of the current cuts or even more cuts.

    Testicles should stick to bumming his boy wife with a dildo.

    Like

  31. 135
    Billy Bowden is the greatest umpire ever ! says:

    Can we have some more “weiners” ?

    Like

  32. 137

    So I am in my car in Nottingham. I want to get to London. Naturally, I drive north, up the M1 to Leeds. Doing well, I’m thinking and carry on to Scotch Corner. Eventually I get to Edinburgh, where I could get a plane to rectify my mistake. It would mean abandoning the car, but no, I press on to Stirling and Inverness.

    Now, if I take this to its logical conclusion, I could rely on there being a ship that will pick me up at Thurso, get me over the North Pole, down through the Bering Straits across the Pacific, skirting Antarctica, up the South Atlantic past West Africa and home to Dover or Southampton. From there, I could easily get to London in a short time.

    Not the most efficient way of doing things. In fact, its Balls.

    Like

  33. 140

    So I аm in my cаr in Nottinghаm. I wаnt to gеt to London. Nаturаlly, I drivе north, up thе M1 to Lееds. Doing wеll, I’m thinking аnd I cаrry on to Scotch Cornеr. Еvеntuаlly I gеt to Еdinburgh, whеrе I could gеt а plаnе to rеctify my mistаkе. It would mеаn аbаndoning thе cаr, but no, I prеss on to Stirling аnd Invеrnеss.

    Now, if I tаkе this to its logicаl conclusion, I could rеly on thеrе bеing а ship thаt will pick mе up аt Thurso, gеt mе ovеr thе North Polе, down through thе Bеring Strаits аcross thе Pаcific, skirting Аntаrcticа, up thе South Аtlаntic pаst Wеst Аfricа аnd homе to Dovеr or Southаmpton. From thеrе, I could еаsily gеt to London in а short timе.

    Not thе most еfficiеnt wаy of doing things. In fаct, its Bаlls.

    Like

  34. 144
    Ed Balls says:

    And it’s rises like these that will bring down the bastard coalition.

    Scottish Power today said it will increase gas bills by an average of 19% and electricity bills by 10% from August 1, in a blow for some 2.4 million customers.

    Households on a dual fuel tariff paying monthly by direct debit will see their bills increase by an average of £175 a year.

    The company last put its prices up in November, when gas prices rose 2% and electricity bills by 8.9%.

    It blamed the most recent price rise on a prolonged rise in wholesale energy costs, which has pushed the average price of wholesale energy up 30% since November,and the half baked economic policy of this wretched conservative led coalition.

    Like

    • 192
      sockpuppet #4 says:

      hmm. wierdo.
      Main thing making energy go up in price is China using it, and uncertainty in arab states.
      Second thing that makes energy go up in price is a weak pound.

      You rekon a bit of QE would have made the pound stronger?

      Like

    • 194
      sockpuppet #4 says:

      hmm. wierdo.
      Main thing making energy go up in price is China using it, and uncertainty in arab states.
      Second thing that makes energy go up in katie is a weak pound.

      You rekon a bit of QE would have made the pound stronger?

      Like

  35. 153
    Moussa Koussa says:

    Interns
    Marines
    Holdin down two jobs
    Livin in welfare programmes

    …holy feck…welcome to neo con Britain. God Help Us All

    Like

    • 158
      Cameron: how I fucking hate him. says:

      Try helping yourself. You can do that, can’t you? Be self-sufficient? Not have to rely on handouts? Yes? You’re smart. You can do that?

      Good, now we just have to stop Camoron spraying our wages over the world’s parasites, and we’ll be on course to a brighter future.

      Like

  36. 160
    White Van Man says:

    Force the fucking banks to start lending.

    The UK economy is fucked thanks to Osborne’s economic model drafted on the playing fields of Eton.

    A good start would another David Cameron U-Turn and reduce VAT to 15%.

    The revolution stats here by kicking out the conservative led coalition twerps

    Like

    • 164
      Billy Bowden is the greatest umpire ever ! says:

      Yes your right, Labour left a ” golden inheritence”, Come back Gordon, we need you.

      Like

    • 165
      Joss Ayinglike says:

      Osborne didn’t go to Eton.

      Like

      • 177
        sockpuppet #4 says:

        googles.

        A 2:1 in history. WTF is it with history graduates?

        Like

      • 183
        Moussa Koussa says:

        No – he went to Norland Place. Private school who currently change £20K a year for infants….Yes £20K for a 5 Year old.

        Then he went to St Paul’s boarding, who this year charge just short of £9K per term.

        So yeah… he’s just an ordinary fella..In fact Gidders looks down on The Eton boys, coz they are not as posh

        Like

        • 204
          Alex says:

          Yes, how dare his father be born into wealth, run a successful business and spend some of the money on giving his son a good education!

          No one suggested he was an “ordinary fella” – that’s just you being too thick to read comments properly and choosing to interpret them as it suits you in your diseased little brain.

          The man clearly had a very advantageous start in life, far more so than the vast majority of us, but most “ordinary” people aren’t that fussed, as they’re more interested in their own lives than hating those who have more than they do – of course this doesn’t apply to the useful idiots like you who are like manna from heaven to your average millionaire Labour MP, who prays on the pliable little minds of cretins like you.

          I don’t even rate Osbourne that highly, but the point is that if you want to have a dig at someone, where they went to school is just cheap jibe, tired and intellectually bereft of any kind of valid argument.

          Like

    • 179
      Alex says:

      Oh fuck off you moron – firstly Osborne didn’t go to Eton, and secondly the whole public school sly dig thing is dull as dishwater.

      Maybe if you’d worked harder at school, you’d now be doing something more challenging than driving a white van – it worked for me and millions of other state school pupils who made the interesting discovery that the harder we work, the luckier we get at an early age.

      You drive a white van because you’re thick and lazy, not because you didn’t get to go to public school.

      Like

      • 191
        Moussa Koussa says:

        See above ( 183 )….APOLOGIST

        Like

        • 195
          Socialists = Sociopaths says:

          Class envy and the tall poppy syndrome; it’s what we do best in Liebour.

          Like

        • 200
          Alex says:

          Not an apologist at all – if you’re the same kind of moron as white van man who wants to blame all of your ills on the fact that other people were born with more money than you, that’s your look out, but anyone with half a brain knows that’s pathetic and disingenuous.

          If you want to make something of your life, it’s more than easy to do so without a public school education, but you clearly won’t, as you’re too interested in looking at what other people have than taking responsibility for yourself.

          Get a life, as it can’t be nice expending so much energy on hating people you don’t even know just because they have money.

          Like

          • Champagne Socialists says:

            He may have a point – Harriet Harman (St Paul’s Girls’ School), Alastair Darling (Loretto), Tony Blair (Fettes). Not great advertisements for the public school system.

            Like

          • State school pupil says:

            Well said.
            Many in the Labour party went to private schools and come from wealthy backgrounds- it’s not exclusive to those in the Tory party.

            Like

    • 223
      steam Iron@specksavers says:

      The banks are lending. But people are not borrowing as much as they are fearful and indebted alread. Perhaps they got stung with gordo’s boom and busted thingy. Business still tied down with red tape and harmanperson legislation (it’s me rights…..)

      Coalition doing a good job considering the festering pile of dog turds left by Broon and Balls.

      PS you wouldn’t know a white van if I delivered some champagne wrapped in used copies of the Guardian to your house in Islington.

      Like

  37. 162
    Anonymous says:

    Well, personally I think the IMF is entirely correct.

    The coalition are right to stop increasing the mad public spending splurge at the high rate that labour did/want (there are no cuts as such though, we’re still increasing overall spending despite the constant “cuts cuts cuts” bollocks that the BBC goes on about)

    But the coalition is wrong with how its balanced things; they should be cutting more public sector bills, and using some of that to fund tax cuts.

    Where the IMF has got it absolutely spot-on is that tax cuts targeted at the low/middle paid is by far the best way to do it; it’s better for the economy, and it increases confidence, which in turn is also better for the economy.

    Why we’re sending 100’s of millions to Pakistan while still forcing low/middle paid workers in our own country to pay stupid amounts of tax is beyond me.

    Generally the IMF report seems to be entirely correct, the coalition is on a path that’s pretty much ok but they could do better, and labour are just pissing in the wind with totally insane policies that make absolutely no sense.

    Like

    • 193
      Moussa Koussa says:

      Not forgetting that Primary Care Trust staff are being laid off. Then their work is being transferred to India. Yes indeed…. All GP records on route to India. So UK public sector staff are laid off..Same work goes to India. Indian worker then has some cash to get flight to UK…..LOL

      Like

      • 196
        Moussa Koussa says:

        …also not forgetting Cambo will send India the cash to educate graduates to fulfil the NHS roles. And investment funds to enable India to upgrade IT systems to run NHS IT programmes

        Like

      • 224
        bored with liebore trolling says:

        yawn

        Like

  38. 168
    Moussa Koussa says:

    Interns
    Marines
    Holdin down two jobs
    Livin in welfare programmes …and not forgetting …
    Parents havin to save for their kids college fund

    …holy feck…welcome to neo con Britain. God Help Us All

    You aint seen me right

    Like

  39. 173
    Gordon Brown says:

    My poo had peanuts in it today. I know this because it was crunchy.

    Like

  40. 198
    Elby The Berserk says:

    Ideology, in the case of Balls, should really be termed “idiotology”

    Like

  41. 205
    Gooey Blob says:

    Saw Balls on Newsnight last night, a good night for the Tories. The more people see and hear of him banging his drum about increasing public spending the more it emphasises the Tory lead on the economy. No wonder Labour aren’t 15 points ahead in the polls, which is where they really ought to be. Four years from now the deficit will be gone or on the verge of disappearing and the economy will have improved from its current shaky position. Things will look much better. Under those circumstances nobody is going to vote for the man who was advocating a plan which would still see us with half the deficit we had in 2010, and with a great deal of pain still ahead of us.

    Labour need their own plan B, or they will lose the next election on the economy. What’s more, it is not Ed M but Ed B who will lose it for them.

    Like

  42. 208
    pigs in space says:

    I overhead a student last week , saying he had recently attended a retirement party for an academic ‘.. even though though he is a socialist he has a holdiday home in Turkey. And one in Greece. And one in France.’

    Sounds to me like leftie lecturers are massively overpaid.

    Like

  43. 211
    the last quango in paris says:

    Balls is plan B. He wasn’t plan A when it came to the Labour party electing a leader and he wasn’t plan A when it came to being Chancellor. He wants a plan B because he is the plan B.

    Balls talking Balls no matter which Government Dept he is slid into.

    Like

  44. 226
    California Dreaming says:

    What a good little Thatcherite you are, Guido.

    I’ve seen few, more enthusiastic calls for a return to boom and bust. Need I remind you that the current economic downturn began as a result of a credit crunch in America. It had nothing to do with domestic spending- spending, which I might add, the conservatives pledged to match if they should win office.

    What you are seeing today are the effects of rampant, unchecked capitalism. The only way you fix the problems of today are by clamping down on the banks and not lending to those who don’t deserve the credit. Running around the country slaying imaginary dragons won’t change a god damned thing.

    Like


Seen Elsewhere

Cam Cannot Stem EU Immigration | David Keighley
9 Mansion Tax Questions for Ed Balls | TPA
Politicians are Lying to You About Immigration | Alex Wickham
Give Journalists Public Interest Defence in Law | Guardian
Cameron is Going to Have to Deal With UKIP | Dan Hodges
Opinions on Key Issues By Constituency | Red Box
Britain Irrelevant Inside EU | Dan Hannan
Cameron Heading for Fall on Europe | Rachel Sylvester
Lords Speaker Spends £350 on Two Mile Limo Ride | Sun
Shapps Slaps Down Barroso “Propaganda” | City AM
Bookies v Pollsters: What We Learned From IndyRef | Paddy Power


VOTER-RECALL
Find out more about PLMR


Chris Bryant talks to the Times Diary about a famous gay actor:

“I don’t think I’ve had sex with him. He says we had sex in Clapham. I’m fairly certain I’ve never had sex south of the river”



Progressive Inclusion Champion says:

Great to hear Carswell call for inclusive policies and that UKIP must stand for first and second generation immigrants as much as the English.


Tip off Guido
Web Guido's Archives

Subscribe me to:






RSS




AddThis Feed Button
Archive


Labels
Guido Reads
Follow

Get every new post delivered to your Inbox.

Join 1,533 other followers