February 19th, 2012

Ed Balls Calls for Tax Cuts to Boost Growth from Zero

Ed Balls was on the Marr show this morning and also has an article in the Sunday Times ahead of the budget, advocating tax cuts to boost growth. He repeats his long-standing call for a reversal of the consumer whacking VAT hike and comes over like a born-again Nigel Lawson in his article:

…cut the basic rate of income tax by 3p for a year. Or raise the income tax personal allowance to more than £10,000… It would be better to cut VAT now — it’s fairer and quicker and would help pensioners and others who don’t pay income tax. But any substantial tax cuts to help households and stimulate the economy would be better than doing nothing.

Tax cuts won’t scare international bond markets, even the austerity friendly IMF is advocating a VAT cut for Britain, government gilts are propped up by QE (for now) so the issue of bond market vigilantism doesn’t arise.

It was a mistake to hike VAT and it is a strategic error to burden industry with crushingly high green taxes and penal marginal income tax rates of over 50% discouraging entrepreneurs from coming to invest in Britain. If the government is going to miss the deficit target, and it is, miss it because the government slashed taxes to grow the economy. The international bond markets will forgive a finance minister with a growing economy who misses his deficit target, they won’t forgive a finance minister with a contracting economy in any circumstances. Chancellor Zero knows that with no growth there is no hope for the deficit.


359 Comments

  1. 1
    Passing By says:

    Yet they never did that in Government.

    Irony

    Like

    • 6
      Distraught master & commander says:

      Balls sounds as though hes been reading John Redwood’s blogs lately and why did he not consult Mr R a few years ago-start raising interest rates in 2004 etc.

      Like

      • 15
        fingers says:

        Except… Osborne is on target to beat his deficit reduction target this year. As things stand, it’s Osborne who is being proven right.

        Like

        • 21
          Chuckus Yamoney says:

          Ed Balls was such a success at the Treasury that even Gordon Brown wasn’t mad enough to give him the job.

          Now that the lily livered Labour Leader has let the millionaire chamapagne and lasagne public school boy have his coveted job, it doesn’t mean he is any better at it now when he was Wormtongueing Gordon 15 years ago.

          Just stop reporting the idiot

          Like

          • BBC Controller says:

            He is a great man, a man of vision, a man who will one day take his rightful place amongst the pantheon of economic giants

            Like

          • Gordon's Gin says:

            Guido’s ready to joim the great British Labour Party.

            Like

          • Anonymous says:

            There is NO chance that Gideon will reduce VAT it is the Conservative tax of choice. Do not spend and they will put the rate of VAT up. Vat has risen a lot since it was first introduced under grocer Heath, What the clowns should do is tighten up on VAT loopholes and press for fiddle free over rules by the EU, but what do you think of the chances of that happening, at a guess nill.

            Like

        • 24
          Labour voting benefit sponger says:

          Why does this scumbag Ed Balls keep opening his mouth when he partly caused the problem. He should be in court being tried for treason instead of mouthing off on TV.

          Like

          • Sir Barrington Minge says:

            He opens his mouth and speaks his name

            Like

          • East India Company wallah says:

            Ed has most probably been tipped off that Osbourne has these plans afoot (he cannot have spent all those years at the treasury without planting at least have a dozen stooges),that way it sounds like Labour are governing UK AND THE TORIES ARE LISTENING TO HIM

            Like

          • Budgie says:

            The only reason for Balls to exist is to make Osborne look good. Otherwise Osborne would look as useless as he is.

            Like

          • Come emigrate with me coem fly come fly away

            Like

          • ChuckUp UmananMahNaMahNaMahNaMahNa says:

            I’m the true successaucersourcer to Gordo.

            Trust me

            Like

          • meme says:

            Guido and Ed Balls agreee on a VAT tax cut….

            We had a temporary VAT tax cut under labour – and they had the greatest defeat in thier history at the ballot box.

            Guido are you mad ?

            Why give balls this credibility…..

            Like

          • meme says:

            a zero chancellor is much better than sub-zero chancellors

            just ask spain, ireland, greece, portugal…

            why talks down the economy – we know its bad – you spend 4 years telling us how bad it was – now we have the long slow zero growth recovery

            better than alternative, where labour would borrow more, spend more and loose more.

            Balls is a joke a shadow channcellor with just one policy “VAT Tax cut” … it failed last time and would fail this,,,,

            0.1 % growth… is by definition GROWTH !

            Like

          • Gordon Brown says:

            Compared to my 0% rise in Pensions, a 0.1% rise is stratospheric

            Like

        • 338
          Anonymous says:

          Only because he moved his targets by 158billion last November.

          So yes, he’s on target to meet his REVISED targets. After only 3 months, so he should be.

          Like

          • David laws Lib Dem fiddler says:

            There is a bigger worrying trend- the Tories are more like the Lib Dems each day. Socialist Cable allowed to have his lefty Prof Ebdon in place so A level grades do not count towards university placements anymore. You would have thought someone would be saying we need to improve secondary education not dumb down universities to suit lazy entrants.

            Like

      • 34
        Alfred's Baker says:

        They are cutting tax dummy. Balls learn to walk before you can run.
        Give one to Yvonne she will look good with a dummy, well she does look good with a dummy called Balls.

        Like

      • 118
        finger out says:

        John Redwood, who advocates saying one thing in public and another in private?

        Like

      • 320
        Saul of Tarsus says:

        Fuck me I thought my conversion was opportunistic !

        Like

    • 14
      Popeye says:

      He always quotes the bleeding obvious but remember this clown spent years in the treasury to create this mess.

      Like

    • 59
      Ed Marxist miliband says:

      It was only a year ago ed balls was calling for things to stay exactly as they are more debt and deficit. The guy would sell his own mother to get into power.

      Like

    • 61
      Up sh1t creek says:

      Like

      • 309
        Rip van Wrinkle says:

        But I thought that, unless we put up National Insurance for everybody, that would take £6bn out of the economy. Isn’t that what Balls was saying at the last election?

        Surely, we should be putting taxes up through the roof. The more tax the Government takes, the bigger the economy gets.

        Gordon and Ed told me that was what was needed. Were they telling me fibs?

        Like

    • 67
      Keep right on keeping Guido says:

      You say it like it should be Guido. Thanks for that. Just keep pushing, – someone might wake up in CCHQ one day! Tossers!

      Like

    • 113
      Bloke says:

      Ed, I know you’re supposed to ‘oppose’ in opposition, but have you thought this through, man?

      Like

    • 117
    • 152
      Sir William Waad says:

      It is well-known that the best tax system is one that has low rates but no exemptions or loopholes. Such a system raises more tax than one with high nominal rates and complex, irrational rules, is fairer, and does less harm to the economy than a baroque system like ours because it does not distort business or personal financial decisions. With an appropriate level of personal tax exemption, it is also progressive.

      There is, however, almost no chance of any rational, fair system of taxation being adopted, short of armed rebellion. Too many vested interests are against it.

      Like

      • 161
        Budgie says:

        Right, Sir Waad! Balls with Brown helped to make the UK tax system immensely more complicated.

        The Chartered Institute of Taxation (CIOT) wrote: “The UK now has the longest primary tax code, and one of the most complicated, in the world. In 2009, Tolley’s tax guide, the handbook of tax legislation, ran to 11,520 pages, a 10% increase on the previous year and more then double the number of pages from 1997.”

        Like

      • 162
        Anonymous says:

        My accountant, the independent financial advisor he recommends and my lawyer all disagree with you – so do their half a million or so colleagues.

        Like

      • 164
        Fish says:

        So Balls wants the Government to raise personal allowances – and the BBC report this without commenting that this is in the coalitions plans already. And of course Balls will claim that the coalition have at last listened to him when the planned increases are implemented.

        There’s been a lot of Balls this week. Project Balls has moved up a gear while Little Ed has had a few days off. GF seems to have become a paid up member. Whatever happened to DUEMA?

        Like

    • 313
      Eddie Bollox says:

      Wow, I haven’t this much attention in weeks.

      Gordon is so proud of me, and the BBC (Peston and Roinson) still don’t understand/report how f#cking ludicrous my endless ramblings truly are…

      With so little serious media scrutiny I could actually end up living in 11 Downing Street one day – imagine the havoc I could cause: my name would be remembered for years!

      Best of all, I’ll be long dead while my grandchildren are picking up the tab.

      Like

    • 350
      Anonymous says:

      So what?

      Like

  2. 2
    Brent Fraser says:

    To be fair, Labour did cut VAT to 15% for 13 months from December 2008 to the end of 2009, but they could have done a lot more.

    Like

    • 23
      Trinny says:

      Yeah – that really stimulated the economy, didn’t it!

      Like

      • 30
        Do you have a licence for that TV? says:

        The Chinese economy probably got more benefit than the UK’s.
        Just like the car “scrappage” scheme which gave a nice boost to the car manufacturers, in France, Germany, Sweden, Japan & Korea.

        Like

        • 78
          Petrol Head says:

          Yes, and loads of pretty good cars unnecessarily scrapped.

          Like

          • AC1 says:

            Have they read about the http://en.wikipedia.org/wiki/Parable_of_the_broken_window

            It’s quite early on in any economics book

            Like

          • Gaylord says:

            Labour’s VAT cut reduced prices by a massively stimulateling 10p in every £10. Very little material impact on growth despite costing the Treasury £12bn!

            Not sure if Eddie Bollox passed or failed Economics 101, but he clearly failed to learn anything from his own mistakes. The longer Millimong keeps in place the longer Labour will be in opposition.

            However, we still need decisive action on the economy – especially deficit cutting – and the Coalition have a long way to go. Tough action is long overdue and credibility falls with every day lost!

            Like

    • 58
      Ed Marxist miliband says:

      Agreed but to be fair printing 250 billion quid cancelled that out.

      Like

    • 66
      Superzuffle says:

      As I recall when the credit crunch hit they did feck all, we should of started cutting right away. But no two years more debt and spending so Gordon could prop him and Labour up by spending money we did not have to buy votes!

      Like

      • 89
        East India Company wallah says:

        it is all piss and wind,thruppence here fourpence there,marginal tax rates-thresholds raised wont make for damn all growth
        All the spare cash in working peoples pockets has been promised by gromit when in climate change ministry to all the green eco-bullshitters-gas-water-electricity is an astronomical price and the Tories, now that lib dem chunte is gone should reverse this madness

        Like

  3. 3
    NBeale says:

    A VAT cut would be idiotic. Companies don’t pay VAT (they reclaim it) and it boosts their cashflow. The last thing we need to do is encourage consumer expenditure in the UK at present, we need business investment in exports and innovation. Far better would be Export Innovation Credits using the VAT system to boost export innovation, without increasing the borrowing in 2015.

    Like

    • 75
      smoggie says:

      Why would business do these things without there is little demand for their products?

      Like

      • 166
        Budgie says:

        Most consumer goods which attract VAT are made abroad. So a VAT cut promotes imports, not UK industry. We need to cut taxes for UK manufacturing and exporters.

        Like

      • 241
        NBeale says:

        There is plenty of demand in the global economy, esp in China, India etc.. This is why we need EXPORT innovation credits.

        Like

    • 130
      AC1 says:

      Oh dear me another economic ignoramus.

      #1 Exports are the price of imports.
      #2 VAT is the worst type of income tax and harms the econmy the most.
      #3 Companies pay VAT through lower wages, lower employment. You can’t just pass on these costs.
      #4 You sound like you still believe in neo classical endogenous growth theory. You must be the only one left.

      Like

      • 265
        NBeale says:

        Sorry chum. We can’t consume out of this debt crisis, we have to invest and export. Investment is predominantly B2B sales and all business prices are quoted ex-VAT because (almost) all businesses reclaim the VAT paid on inputs and thus it costs them nothing. The same applies to exports inside the EU, and exports outside the EU are exempt from VAT.

        The only companies that effectively “pay” VAT are those that sell to the consumer. VAT particularly hurts companies that import from outside the EU and sell to consumers, and so frankly for rebalancing the economy away from imports and towards exports VAT is an excellent tax.

        Like

    • 182
      Someone who knows says:

      Companies charge VAT on the goods and services, offsetting the VAT they have paid on the goods that they have purchased themselves. Note that there is no offsetting element for services (labour) and that if the company is running at a profit, it will pay approximately 10% of its turnover in VAT, on top of Coporation tax, Uniform Business rates, Employers NI, (it can also be argued that the employer pays the Income Tax and NI of its employees) etc.

      You obviously have never run a business if you think they don’t pay VAT.

      Like

      • 267
        Johnny Logic says:

        To a service provider, VAT just puts the costs up to their customers and makes their services more unattractive. Higher VAT rates encourage the growth of the black economy.

        Like

      • 297
        Budgie says:

        Someone who doesn’t know says: “You obviously have never run a business if you think they don’t pay VAT.”

        You are wrong and NBeale is correct. Businesses collect VAT from their customers and pass it on to HMRC, after deducting the VAT they have previously paid out. Only the consumer at the end of the chain pays VAT and cannot offset it.

        That is one of the reasons it is such a stupid tax. It could be replaced by a purchase tax (on labour as well as goods) for the final ordinary consumer, and it would make no fiscal difference, but free up companies from a lot of unnecessary paperwork.

        Like

        • 328
          JMT says:

          Agreed – I used to work for HM C&E.

          VAT is lifting tax on the cheap – the trader does it for you at no cost to you.

          When I worked there (30 years ao!) it cost something like 1.5p for every £ collected. Whereas the Inland revenue spent about 12p for every £ collected.

          Incidentally Shit-For-Brains Brown also charged us VAT on fuel duty, insurance tax etc etc; double-taxing bastard.

          Needless to say none of the wankers in Parliament are affected – it all goes on tax-free expenses!!

          Like

        • 341
          Someone who knows says:

          No, you’re wrong.

          If a service is worth a tenner, and VAT is zero, the company receives a tenner for its labour.

          If VAT is 20%, the company either charges more than a tenner for a service which is only worth a tenner and soon goes bust, or swallows the loss and becomes an unpaid tax-collector, losing profits and struggles against businesses which are not VAT registered or are prepared to accept cash. As it is a service which is provided, there is no element to offset and the entire cost must be borne by the business.

          It is sad that people will cheer the Gov theft of other people’s cash.

          It is patently obvious you have never ran a VAT registered business and do not know what you are talking about.

          Like

  4. 4
    Harbottle says:

    Marr gave Balls such an easy ride-you would almost think that they were friends and he agreed with everything was saying!

    Like

    • 15
      Popeye says:

      Of course he did, he works for the BBC doesn’t he?

      Like

    • 33
      Do you have a licence for that TV? says:

      Well, they are both members of the Labour Party, so not surprising really.

      Like

      • 196
        Really? says:

        Well, Hague was invited into the circle-jerk later on in the show, so that just proves how unbiased the Biased-BBC really is.

        It’s not a serious politics programme, it’s just the politicians’ equivalent of the shows populated by normally elusive talent which has suddenly announced that it is ‘available to talk about’ its latest movie, its twenty-year career as an celebrity and its work with the disease-ridden poor in Gondwanaland.

        Like

    • 169
      Budgie says:

      It must be a bit disorientating for Labour statists to have to switch from ‘state-taxes-are-good’ to ‘state-taxes-are-bad’ at the drop of the Great Leader Balls’ hat.

      Like

      • 228
        The Paragnostic says:

        After much thought Snowball declared that the Seven Commandments could in effect be reduced to a single maxim, namely: “Four legs good, two legs bad.” This,
        he said, contained the essential principle of Animalism. Whoever had
        thoroughly grasped it would be safe from human influences. The birds at
        first objected, since it seemed to them that they also had two legs, but
        Snowball proved to them that this was not so.

        Like

  5. 5
    One problem says:

    No mentin off cutting spending to help the burden on the taxpayer, You of all people Guido should know that Ed Balls was part of a government that doubled the tax on lowest paid just before all hell broke loose yet Labour would say that they left office with “decent” growth figures.

    If Ed Balls had said this along with faster and deeper cuts and outlined how it would be done that would be a credible plan.

    But then its easy being in opposition.

    Like

    • 8
      Watch says:

      Tax exists in a completely different parallel dimension from spend, separated by ‘The Pot’ and ‘The Tax On Bankers’ Bonuses’ and ‘proceeds of Growth’.

      These devices are infinite in nature and expand to accommodate any spending justification (until the next Tory government get in, then another device is used, the ‘There’s No Money Left Note’.

      Like

      • 20
        Spartacus says:

        surprised the taxed enough already (TEA) party is not gaining traction – perhaps they have already got up, and gone

        Like

        • 39
          tottenham chutzpah says:

          yes some gone, others deluding themselves that the tax breaks (illusory house prices, ‘tax-free’ pension finds, red-diesel etc) for which they voted have trapped them, and they’d better keep quiet.

          Like

    • 44
      Ed Ich-Rede Balls says:

      Growth figures ? I’ll have you know the Deficit was growing very nicely when all you plebs mis-voted and made us prematurely leave office.

      Like

      • 63
        Well it's a thought says:

        Just like your high taxes were “investments” in the country, we know you lie your breathing.

        Like

  6. 7
    Watch says:

    I really do find Balls irritating, even in print.

    He’s correct of course. I guess Osborne has been scared up until now that this move would have been seen as fiscally irresponsible (or at least painted that way).

    Personally I’d prefer direct taxation on employment to come down (lowering employer NI), but it’s a start. The UK needs to see the size of the state come down dramatically in whatever form.

    I take it Balls is going to do the old claim that all the VAT cut cost will be made up for by increased tax yield from purchases/employment?

    Like

  7. 9
    Anonymous says:

    Vat will do nothing except cost the Treasury. No one will rush to spend because something costs a couple of percent cheaper. Darling’s much vaunted cite did nothing compared to the increase in debt it caused.

    Like

  8. 10
    tottenham chutzpah says:

    Balls on Marr?

    more like

    Balls on Mars

    Like

  9. 11
    Glyn H says:

    State spending is still growing due to the previous governments commitments. The coalition has made a pigs ear of ‘The Cuts’, pole axing our defence forces but totally failing to cut the quango state.
    And King was one of those economists who told the Times that the Waters/Howe 1981 budget was wrong when it was exactly right. Wrong then and printing money now.

    Like

    • 19
      Inside Man says:

      “The coalition has made a pigs ear of ‘The Cuts’, pole axing our defence forces but totally failing to cut the quango state.”
      Quite.
      One hears that their much vaunted Office of Tax Simplification is falling apart under the weight of HMRC’s hereditary inertia and instinct for merciless self-preservation.

      Like

      • 35
        Dick the Prick says:

        I seem to remember mention of a ‘Great Repeal Act’ too – hmm….tumbleweeds

        Like

      • 41
        Do you have a licence for that TV? says:

        We don’t need a military, the function has been outsourced to the French.
        +++ David Cameron hails ‘new chapter’ in Britain-France military co-operation +++

        Like

        • 65
          Roxanne d'Wurl-Poole says:

          Yes, British officers will now attend French Staff Colleges. In the first semester they will all study Surrender 101. Only when they have mastered Advanced Running Away will they be awarded the Golden Baguette of Gallic Martial Excellence.

          Sadly, I foresee that most of our Royal Marines and Para officers will be expelled for fighting.

          Like

          • Sir William Waad says:

            The French Army has won far more battles than ours, throughout history.

            Like

          • Anonymous says:

            The Army will have to learn about battles like Patay – the French revenge for Agincourt. The English ran away after the French vanguard caught the longbowmen before they were ready and slaughtered them. A bit like what happened to both French and British in 1940

            The Navy will have to listen to stories about Admiral Suffren until such time as the anglo-french aircraft carriers go into service as part of the EU navy.

            And the Royal Marines and Paras can learn from the psychopaths of the Foreign Legion about how to settle disputes in former African colonies.

            Like

          • Glyn H says:

            You may be correct Sir William but Britain saved French bacon twice in the 20th C and their offended pride has been a principle purpose of their foreign policy ever since, vide De Gaulle to Sarkozy!

            Like

      • 225
        The Golem says:

        Good socialists all, perhaps.

        Like

    • 296
      The Dissaffected says:

      Yip, wasn’t he one of the 200 economists who put their names to the document telling Mrs.T. she was completely wrong and that her policies would never work.

      Just anothe socialist tosser.

      If he doubled Quantitave Easing he could pay off the National Debt next year, but he’s obviously too clever to have worked that out.

      Like

  10. 12
    Grumpy Old Man says:

    Opportunism – it’s in Labour’s DNA. It’s pitiful really. Despite Ball’s time in the Government, he still believes in the money tree.

    Like

  11. 13
    Taxfodder says:

    But then again we are talking about George Osbourne, not the sharpest tool in the box.

    When you were born with a silver spoon stuck up yer arse and never had to worry about where the next £1 was coming from it doesn’t bode too well for the overtaxed or a steady recovery for business.

    VAT should be cut to 12.5% until the next general election, anybody with half a working brain cell can see the damage 20% VAT is doing, why muck about with half measures.

    Its not up to the population to make things easy for George Osbourne is up to him to get a grip, be brave and innovate!

    But then again its George Osbourne….

    Like

    • 52
      Do you have a licence for that TV? says:

      To much government results in a stunted economy.
      Reduce the number of MPs, civil servants, regulations, quangos and benefits, then stand back and watch the economy take off.

      Like

    • 135
      AC1 says:

      Can’t cut (the worst tax) VAT. Why? Because the E.U.S.S.R. wont allow the “sovereign” U.K. to do it.

      Balls knows this too, so do the “journalists”.

      Like

    • 168
      Thus spoke Zarathustra says:

      The EU dictates that VAT shall not be set lower than 15%, lest it set other EU regions at a disadvantage and lead to the political class’s most dreaded fear, tax competition.

      Taxfodder, you have made the mistake of assuming that Britain is a sovereign nation with democratic control over fundamental policies such as the level of taxation levied on its citizens.

      Those under 40 would be wise to exercise self-censorship when discussing such matters in public, as they will live to witness the EU’s full magnificence, and will be held accountable for their past obstructionism.

      Timestamp + IP address + ISP = you.

      Like

    • 347
      The Poet Laureate Writes says:

      Subject: Osbourne’s Austerity Cuts

      Osbourne was walking with Dave
      When they saw a dead whore in a grave
      George had the pluck
      To have a cold fuck
      ‘Cause he thought of the money he’d save

      Like

  12. 17
    One question. says:

    Can anyone please explain what would have happened had we followed Icelands approach to the banking crisis?

    Or is it down to the fact we had more borrowing power?

    Or that the government in Iceland listened to the will of the people?

    If anyone could provide answers or a link, i would be grateful.

    Like

    • 29
      annette curton says:

      Whatever happened about the £4.5 billion owed by Icelandic banks to U.K. local authorities?, just shows that if you are an independent country you just default, haven’t heard any of our politicians threatening to break their legs.

      Like

      • 312
        Rip van Wrinkle says:

        Give me one fucking reason why the Icelandic public should pay the debts of private Icelandic banks?

        If local authorities were stupid enough (or is that greedy enough) to ‘invest’ their cash in Icelandic banks, they deserve everything they got.

        Like

    • 42

      If you create a list of the world’s reserve currencies, or those which are likely to become so, the Iceland Króna (ISK) does not come very near the top.

      Like

    • 74
      forgotten man says:

      In Icleand’s case they were saved because their government simply couldnt bail out the banks.
      Iceland has not reneged on it’s soveriegn debts but couldnt honour the private sector debts.

      Result was it took a bath in the short term , -6% GDP this time two years ago but posted +4% by last December and rising.

      If the moron Brown hadn’t “saved the world” we would be doing much the same by now.

      The problem was we thought we were rich enough to “fix” it all, they knew they weren’t

      Like

  13. 18
    Raving Loon says:

    Cut basic rate of income tax by 3p? Would that be a suggestion from the party that brought us a 10p increase in the basic rate of tax? How times change!

    Like

  14. 22
    ciconia says:

    Selective tax cuts will always please somebody, and we are certainly taxed more than enough already with b….r all to show for it.
    It isn’t a Eureka solution though, and without some real progress towards greatly reduced and less wasteful state expenditure, its hard to it as any more than the usual political opportunism.

    Like

  15. 26
    Anonymous says:

    Why the obsession with VAT? We need to encourage work in their country. Cutting benefits is difficult, politically. Far easier to reward work, by increasing the personal allowance.

    Cutting VAT would make a life on benefits easier. Also, much of what we buy is imported, so cutting VAT is merely an indirect subsidy for overseas manufacturers.

    Like

  16. 27
    Anonymous says:

    Nice to see you’ve returned from orbit after yesterday’s excursion into extraterrestrial libertarianism aka workfare.

    Keep off the source. Avoid a nose job. No bonking.

    Like

  17. 28
    50 Calibre says:

    I have developed a reflex action when Blinkie Balls graces my TV with his awe inspiring presence and advice to one G Osborne, which I don’t think he, or anyone else, actually needs. This is mainly due to Blinkie’s cred being a bit tattered from his time with ‘He who saved the world’ where he was the principle adviser on matters economic. Well, you can’t get it all right all of the time can you? No, but getting is wrong all of the time requires a special talent.

    The reflex action is to cease to hear for the duration of his daft pronouncements, including the one that his mate Miliband Minimus will be the next PM. We all need a laugh these days, don’t we?

    Like

  18. 31
    eddyh says:

    Better than tax cuts to encourage business would be to change the employment laws to make it easier to shed workers in downturns. At present a business that takes on a worker is virtually stuck with him/her for life. This inhibits expansion and entrepreneurship more than taxes.

    Like

    • 246
      Distraught master & commander says:

      Bollox new staff are taken on at 17hrs/week short term contracts that way the eussr employment regs are by-passed, untillUK severs links with the eu we will never make any progress. To complete with the rest of the world employers need a level playing field.

      Like

  19. 32
  20. 36
    Ah! Monika says:

    Balls will know what Os is already planning. When it comes to fruition he will claim the credit. Simps

    Like

    • 40
      Chuka Urmunneyaround says:

      Are you suggesting that Liebour will have moles operating inside HM Treasury ?

      Like

    • 43
      tottenham chutzpah says:

      that sounds right
      the ‘proposals’ cover most of the things that might swing the electorate

      if any of them in retrospect seem to have been right, as you say – we’ll know who said it first

      Like

  21. 37
    Charmless Ed Balls - Shallow Chancer says:

    During The Reign of Terror 1997-2010, we took billions and billions of Pounds by stealth from Pension Funds and hardly anyone noticed ! Jaw Jozborne should try that sneaky method.

    Like

  22. 38
    annette curton says:

    Mervin King is to the Bank of England what Arsene Wenger is to Premier Football, loads of money spent over a period of years but still no silverware in the cabinet.

    Like

    • 115
      Jurassic Pork says:

      The last thing we want is a banker making of with the silver too.

      Like

    • 157
      jgm2 says:

      Aye. And he didn’t see any of his players do anything wrong either. Arsenal player chops an opposition player right under his nose ‘Actually, I was looking the other way when zsz ‘appened, I will ‘ave to review ze video..’

      Just like Arsene.

      The Maximum Imbecile burning the economy to the ground right under his fucking nose and Mervyn giving it ‘I did not see ze incident…’

      Like

      • 234
        The Paragnostic says:

        J’ai vu rien –
        Je m’appelle Arsene.
        Rien du tout
        Quand on marque un but.

        Mon equipe des singues
        Babylon des langues
        J’ai vu rien –
        Je m’appelle Arsene.

        Like

    • 160
      gotcha says:

      Annette, your ignorance of the football world suggests that you must be a Spud.

      Like

  23. 45
    Adam Smith shouting from his grave says:

    The authorities no longer know who is living and working in the UK.

    VAT is payable by all and easily collectable – income tax is not at either end of the social scale.

    VAT is as close as the state can get to a poll tax without triggering riots and civil disobediance.

    The best thing the government can do is to stop borrowing to fund non-jobs in the state sector.

    Credit easing should be through supply chains that are strategically important to the UK and targetted by supply chain mentors within EU rules – as Italy, France and Germany have been doing for years.

    Like

    • 86
      Aenus says:

      If you are what was a good old fashioned PAYE Civil Servant, avoid tax by forming a limited company and getting your salary paid gross. You couldn’t do this at one time.

      Like

      • 247
        Jo Bloggs says:

        You still can’t. If you have only one client and the employment risk remains with the client, you are not self employed and you must be taxed the full amount and pay NIC. See here http://www.startinbusiness.co.uk/ir35legislation.htm

        Presumably a blind-eye is being applied as all the senior blood-sucking HMRC thieves are themselves breaking the law while chasing OAPs for fifty quid unerpayment from twenty years ago–and a few football hooligans, but that’s OK.

        Like

    • 138
      AC1 says:

      Adam Smith would shoot you for suggesting (the worst tax) VAT.

      Adam Smith was a land taxer.

      Ground-rents are a still more proper subject of taxation than the rent of houses. A tax upon ground-rents would not raise the rents of houses. It would fall altogether upon the owner of the ground-rent, who acts always as a monopolist, and exacts the greatest rent which can be got for the use of his ground. More or less can be got for it according as the competitors happen to be richer or poorer, or can afford to gratify their fancy for a particular spot of ground at a greater or smaller expense. In every country the greatest number of rich competitors is in the capital, and it is there accordingly that the highest ground-rents are always to be found. As the wealth of those competitors would in no respect be increased by a tax upon ground-rents, they would not probably be disposed to pay more for the use of the ground. Whether the tax was to be advanced by the inhabitant, or by the owner of the ground, would be of little importance. The more the inhabitant was obliged to pay for the tax, the less he would incline to pay for the ground; so that the final payment of the tax would fall altogether upon the owner of the ground-rent.

      — Adam Smith , The Wealth of Nations, Book V, Chapter 2, Article I: Taxes upon the Rent of Houses

      Like

  24. 46
    Gordon Brown says:

    I look forward to delivering my latest Budget speech as the chancellor prime president of United IMF Kingdom minister of the exchequer. Wibble.

    Like

  25. 47
    sandy says:

    Ed Ballsup – repeat after me: ‘There is no place for money-tree economics in intelligent debate’.

    Like

  26. 48
    Charmless Ed Balls - Shallow Chancer says:

    Like

  27. 51
    Slaughter of the Innocents says:

    Last year, it was revealed that teachers are branding thousands of children racist or homophobic following playground squabbles.
    More than 20,000 pupils aged 11 or younger were put on record for so-called hate crimes such as using the word ‘gaylord’.

    Read more: http://www.dailymail.co.uk/news/article-2103175/Boy-7-branded-racist-asking-schoolmate-Are-brown-come-Africa.html#ixzz1mpGJYM6L

    Like

  28. 53

    When Guido is supporting Bollock Ed then you know there is something seriously wrong. But what?

    Like

  29. 54

    Whilst in favour of low taxes, I am just as much in favour of low government expenditure.

    The last government spent money like a whole navy of drunken sailors. That created an expectation that there was plenty when there was none. The merit of increasing the VAT rate was that it brought some sobriety to the minds of even traditional Labour voters. Otherwise Balls would not be suggesting what he is now.

    I spend much of my time in Germany, Austria and Croatia where the VAT rate is 19%, 20% and 23% respectively. Certainly in Germany’s case it has not affected growth.

    The time to reduce VAT is surely when it can be shown that the deficit is under control (it is not now.) If Osborne had played his cards better, that would have happened to coincide with the next General Election.

    Like

    • 90
      Can't remember Schrödinger's cat says:

      Oh ye of little faith. Your having a laugh, though you are on the right track.
      How could Osbourne have played his cards any better when you know Socialist ‘jokers’ previously rigged the deck? You appear to gloss over the presence of a coalition compromise government instead of a wished for true Conservative alternative.
      Balls and Co will continue to grasp at straws suggesting everything and anything in an attempt to appear to have found the solution- the holy grail to UK and worldly problems. Any bandwagon in a storm. Fat chance. Via their too far – too fast objections they would have dummies believe that no pain – all gain is still a possibility.
      You are T.S.Garp and I claim my 5 dollars

      Like

      • 266

        Оnly sіx hоurs tо cоmе оut оf mоd, sо І wіll аdd а bіt.

        Cоsy cоаlіtіоn іs thе іndоlеnt MP’s frіеnd. Lоts оf jоbs, lоts оf pеrks, lоts оf еxpеnsеs (yеs, еvеn nоw), іnflаtіоn-prооf pеnsіоn, mіnіstеrіаl cаrs, chеаp rеstаurаnts, sеvеrаncе pаy, а cоmplеtе lіfе tоtаlly аpаrt frоm rеаlіty.

        Sо І dоn’t buy thіs hаvіng tо cоmprоmіsе crаp – аt lеаst tо thе еxtеnt thаt іt іs bаndіеd аbоut.

        Оf cоursе thе lаst lоt fоulеd up fіnаncіаlly іn аn hіstоrіcаlly unprеcеdеntеd wаy but І thіnk thаt thе іncrеаsе іn VАT (whіch іs vіrtuаlly unаvоіdаblе tо pаy) іs thаt іt dоеs gеt mоnеy іntо thе trеаsury. Thе іmpоrtаnt thіng іs tо gеt thе spеnd dоwn much, much fаstеr (аlmоst nоthіng іs tоо fаr, tоо fаst – еspеcіаlly wіth Bаlls bаttіng frоm thе оthеr еnd nоw {sоunds іffеy!}) аnd thеn rеducе tаxеs іn lіnе wіth еxpеndіturе rеductіоn sо thаt thе lаrgе numbеrs оf rеаlly thіck publіc bеgіn tо undеrstаnd thе lіnk (rеmеmbеr 40% stіll dо nоt gеt іt).

        Sо І wаs pеrhаps bеіng mоrе sеrіоus thаn yоu thіnk. Wеll… ;-)

        Like

    • 93
      Can't remember Schrödinger's cat says:

      Oh ye of little faith. Your having a laugh, though you are on the right track.
      How could Osbourne have played his cards any better when you know Socialist ‘jokers’ previously rigged the deck? You appe-ar to gloss over the presence of a coalition compromise government instead of a wished for true Conservative alternative.
      Balls and Co will continue to grasp at straws suggesting everything and anything in an attempt to show they to have found the solution- the holy grail to UK and worldly problems. Any bandwagon in a storm. Fat chance. Via their too far – too fast objections they would have dummies believe that no pain – all gain is still a possibility.
      You are T.S.Garp and I claim my 5 dollars

      Like

    • 140
      AC1 says:

      >Certainly in Germany’s case it has not affected growth.

      I think you’re VERY VERY wrong here. It meant they had to try exporting at the expense of creating a dynamic internal economy (real wealth), and are going to get f**cked by the defaults.

      Even the Grauniad sort of gets this point!

      http://www.guardian.co.uk/commentisfree/2012/feb/18/europe-lazy-spendthrifts-germany

      Like

      • 214

        Not 25 miles away form me, as I write, is the port of Koper. Now the biggest car-port in the Adriatic. That is because the vehicles can be shipped from the far east and sent by rail to Germany and central Europe. Some time ago, I drove right past it on a new road bridge over the Skocjan Inlet. Imagine my surprise when I saw thousands of …. What the hell are those? BMWs? Can’t be. They are still all made in Germany!

        When I got back, I was straight on the computer investigating. They were bimmers and they were all being exported to China, who cannot snap them up fast enough.

        Now, AC1. You are an intelligent guy. Tell me how this can be bad when UK’s ability to export goods with added value has all but been eliminated? (Even JCB have sent some of their production overseas – leaving just Sheffield Forgemasters and … err.) Unless you mean that all the world’s currencies are fucked (arguably true) in which case, why bother at all.

        My point is that the immediate lowering of VAT is treated as if it were a panacea. It is not! I know I am not popular in counter-intuitively supporting the VAT rise but at least it has bought some realism to bear in certain quarters.

        The very first step in solving any problem is to realise that one exists in the first place.

        Like

      • 215

        P. S.

        Only the Grauniad could argue that exporting more than you import is a bad thing.

        It is rather like Brown describing government expenditure as ‘investment’.

        It is the prevalence of talk and thought like this that caused me to leave the UK.

        Like

        • 224
          AC1 says:

          > Only the Grauniad could argue that exporting more than you import is a bad thing

          Er no. It’s obvious that you want to maximise the amount of imports you get for your exports.

          Exports are the cost of imports, and strong economy can afford imports.

          Like

          • This is not a disagreement. It is arguing at cross-purposes.

            I do not disagree with your middle paragraph.

            But for me, elimination of debt and increasing holdings in such things as gold are important. If you come back and say: Yep, they are included in imports, then I don’t have a problem. Consumption for the sheer sake of it, I do not support.

            You have not addressed my realism point though, which was the central thrust of the original post.

            Like

  30. 56
    huwwuh says:

    I’m going for a hike. The walking type, not the tax type.

    Like

  31. 57
    Chris Huhne says:

    Stay Green!

    Like

  32. 60
    Ah! Monika says:

    I remember your möniker.

    Like

  33. 64
    Dissapointing Dave, a Dipstick says:

    Oh no – we could never lower taxes – that what true Conservatives would do!

    We follow true lefty principles – tax, control, legislate, – and yet more taxes.

    Watt?

    Like

    • 294
      The Dissaffected says:

      And of course we’re adding more layers of wastage in Quangos, Civil Servants and generally useless projects, like HS2 throughout the land, together naturally with huge bonuses for all.

      The focus groups love it, ‘Money for nothing, get your kicks for free.’

      Like

  34. 68
    A message to the followers of the religion of piss says:

    Fuck islam.

    Like

  35. 69
    Conspiracy Theorist says:

    Take the current top four placings in the Scottish Premier League in reverse order leaves us with :

    H earts
    M otherwell
    R angers
    C eltic

    Its a conspiracy I tell you !

    Like

    • 70
      Not a Jock says:

      +1

      lol

      Like

      • 91
        Rooney says:

        Rangers less 10 I think- does it still work?

        Like

        • 97
          Conspiracy Theorist says:

          Yep

          Like

          • Polly's medicine cabinet says:

            Only in the powerhouse of Scottish football during an end of season race,where the second place team is deducted ten points, would that team still be in second place.

            At the end of a season andy Murray will have won points than motherwell

            Like

          • jgm2 says:

            Yeah. It was as funny as fuck watching Ranger’s supporters lamenting the possible death of their club. ‘

            ‘This will be a disaster for Fucking Scottish football so it will. It will mean that Celtic will win everything. It will become boring for the fans of other teams…’

            Aye. Right. As opposed to now where it’s a toss-up between Celtic and Rangers as to who wins everything and is therefore as exciting as fuck for all the fans of the other teams?

            Like

          • Dripping with sarcasm due to the shite spouted by the usual suspect says:

            Well said jmg2 I mean its not like The English premiership is dominated by one team like oh i donno Manchester United or something, with the occassional Chelsea title thrown in.

            Like

  36. 80
    Displaced Brummie says:

    Ed Balls is like an arsonist who, after he has left the building to burn, turns up to offer his ‘helpful’ criticism of the methods the fire brigade are employing to put the fire out, and offer his ‘helpful’ advice on how to extinguish the fire.

    “You don’t want to do it like that! Any fool knows that spraying a burning building with petrol is the best way to put the fire out!”

    Like

  37. 85
    Underclass sewage says:

    Like

    • 125
      The great unwashed says:

      Scum!

      Like

      • 199
        Handycock No1 Trougher in Parliament says:

        These poor people need MP’s like me to represent them, make sure they get their benefits, and produce lots of children with different fathers, to provide even more votes for me. Boaz.

        Like

  38. 92
    Caroline Spelman says:

    The Vale Do Lobo, Algarve, Portugal is very nice this time of year. Who cares about UK VAT and basic rate taxes?

    Like

  39. 94
    NelsonsGoodeye says:

    How much is his “regular” appearance fee for spouting his drivel? Why is he even asked to appear, given he and his party’s known historical financial incompetence?

    Like

  40. 96
    Drop a Daisy cutter on the BBC says:

    A VAT cut is not the answer, making plasma TV’s £10 cheaper does nothing, the cut needs to be in fuel duty and a large one.

    The single biggest cost crippling industry AND ordinary people is the cost of petrol and diesel, any idiot can see that. 20 to 30 pence a litre off fuel is what is needed.

    Oh and an automatic 20 year jail term for any directors of large oil companies who don’t pass on the cut (and jail their families as well)

    Like

    • 100

      Errr Daisy dear. VAT is charged on fuel.

      Like

      • 149
        Van Diesel says:

        Which means the VAT is partly on the fuel and partly on the tax on the fuel ? (No doubt someone will correct me if I’m wrong.) I’ve always thought it should be called Value Subtracted Tax because goods subject to VAT represent much poorer value to the buyer.

        Like

      • 275
        Drop a Daisy cutter on the BBC says:

        Err yes Yeti but do we really need to waste money subsidising rich BBC types buying another plasma TV for their new mansion in Salford?

        Fuel costs are crippling business and families, 20-30 pence off a litre of fuel will have more impact than a 2.5% cut in VAT and 2.5% off a litre of fuel is fuck all.

        I don’t give a fuck if someone can’t afford a new Chinese made plasma TV turned out in some sweat shop, but most people need to buy fuel to get to work or move goods around.

        Fuck no wonder Gordon Brown got elected with mongs like you voting for him.

        Like

    • 103
      MR J Clarkson, Chipping Norton says:

      Shoot them in front of their families

      Like

    • 109
      Do it George n' Dave. says:

      There too many ridiculous chelsea tractors doing over 80 mph down the motorway guzzling fuel. Screw up the road tax for these fashion accessories, and drop the fuel tax by a corresponding amount for everyone.

      Like

      • 114
        Polly's medicine cabinet says:

        Politics of envy. You should go over to the Guardian. You’d fit right in.

        Like

        • 123
          Do it George n' Dave. says:

          Not envy at all. I wouldn’t dream of owning one of the crappy things with the roadworthiness of a two ton blancmange. They’re owned by fecking idiots

          Like

          • Fish says:

            Of course fuel would have been quite a bit cheaper had the crude oil (paid for in Dollars) not been made more expensive by Brown / Balls effective 20% devaluation of the £.

            When Miliband jumps on this particular bandwagon later this week, he needs to be reminded of this.

            Like

    • 167
      jgm2 says:

      I wholly endorse this comment.

      Like

  41. 98
    Could it be? says:

    That this is part of the “Save Ed” campaign?

    Like

  42. 104
    Ordinary Joe says:

    So if Ed became chancellor then my taxes would be less, my petrol would be less, my weekly shop would be less and there would be loads more jobs. What’s the catch?

    Like

  43. 106
    Costcutter1 says:

    If there are any tax cuts taxes on production should be cut e.g Employer’s NI and Rates on production plant which is deemed to be part of a building. The first signs of relocationg manufacturing to the UK are appearing, this trend should supported in every way possible.

    Like

  44. 107
    bring back Maggie says:

    2 things to do. Bring in single rate personal tax to around 33% (including NI) with tax free up to £10,000 pa. Gets rid of all the complex tax rules and cuts the number of inspectors needed to enforce all the rules. Then slash corpartion tax to 12.5%. Then sit back and watch businesses come here and jobs increase. Simples

    Like

    • 131
      finger out says:

      no, bung the Republic of Ireland £7billion to allow it to maintain a low corporation tax rate, then see companies from Northern Ireland relocate to the Republic of Ireland too .. just after you, the NI Executive at Stormont, signed an £18million deal with them. Helloooooooo, HCL

      Like

    • 252
      Jo Bloggs says:

      Remember “Selective Employment Tax”?

      Like

    • 256
      Distraught master & commander says:

      How do you propose getting in the employers liability on NI or does he still have to pay up

      Like

    • 291
      The Dissaffected says:

      Hang on a minute while we get Focus Group 2012 to vote on that.

      Oh sadly, they don’t do percentages, so we’ll just have to leave that for now.

      Now what about this Booze Tsar stunt, that should go down well.

      Like

  45. 110
    Bloke says:

    When people wish to articulate a notable absence by use of the word ‘nothing’, can they please refrain from committing the fashionable but unpleasant literary obscenity by then adding ‘Nada, Zip, Zilch’?

    Like

  46. 126
    WVM says:

    Here’s what to do, tell the EU to fuck off!

    Problem solved.

    Like

  47. 128
    William Hague the Prat says:

    Haven’t I done well. Been shooting my stupid mouth off again. Now the Iranians cutting U.K. oil supplies earlier. Aren’t I an impressive cnut ?!

    Like

  48. 134
    The Road To War says:

    Iran has stopped selling oil to British and French companies. So we officially have an almost complete checklist of pretexts for a war:

    Middle east bogeyman – check

    Nuclear threat – check

    Oil interests at stake – check

    All that’s left is a UN resolution just to prove that this will be a righteous and legal war unlike that mess last time, and then Cast Iron Dave and President Barry can have their own middle east adventure. Dave needs a diversion and Barry needs to win an election. And behind the curtains is Mr Blair who wants another war to line the pockets of his oil friends who pay him lucrative consultancy fees. War! Huh! What is it good for?! Making lots of money! Sing it again!

    Like

  49. 139
    Gordon Brown says:

    Farting gives my life meaning and purpose.

    Like

  50. 141
    Wise man says:

    The worst tax is any tax.

    Like

  51. 150
    Pawn Sandwich says:

    What about the 310 stealth taxes that the one eyed loon introduced?

    Like

  52. 159
    Yvette says:

    My Ed is such a scamp sometimes, talking about a VAT cut just because he wants to install a better swimming pool at our country estate!

    Like

  53. 165
    Jimmy says:

    “Chancellor Zero knows that with no growth there is no hope for the deficit.”

    If only someone had pointed this out in the last election.

    You know the tories are in trouble when even this blog switches to Labour.

    Like

    • 170
      jgm2 says:

      I think you, like Toxic Ned, are confusing increasing deficit (and debt) for increasing ‘growth’.

      You really are very stupid.

      Like

    • 187
      Anonymous says:

      Hello Jimmy, getting lonely under that rickety-rackety bridge is it?

      Like

    • 201
      Axe The Telly Tax says:

      Looking forward to the benefit cap coming in Jimmy. I see no reason to wait until April 2013 let’s bring it in this April. Then we can raise the personal tax allowance to £10,000 a year earlier.

      And oh what larks we will have when the boundary changes come in next October and Scotland and Wales get their independence. Even more warfare between Liebore MPs over who gets parachuted into an ever dwindling number of ‘safe’ Liebore seats.

      Hahahahahaha :-)

      Like

  54. 171
    It's unlikely to happen but it's not a bad idea says:

    Recent lab tests on mice with dementia using an experimental drug completely cured them of the condition within hours. The plaques responsible for dementia were destroyed. It now has to be made suitable for humans. If it’s done quick enough, cure Maggie, get her a safe seat and back into No10. Nothing wrong with a pm in her 90s.

    Like

  55. 173
    jgm2 says:

    Recent lab tests on mice with dementia using an experimental drug completely cured them of the condition within hours.

    Quick. Give some to Toxic Ned. He might stop nodding his head, touretting through PMQ and talking utter bollocks on the Weekly Labour Party Political Broadcast Andrew Marr show.

    Like

  56. 174
    Gordon Brown says:

    Who’d like to try my homemade lasagne?

    Like

  57. 177
    Gordon Brown says:

    Tomatoes frighten me.

    Like

  58. 179
    I don't need no doctor says:

    Every time Ed Balls opens his mouth some fool speaks.

    Like

  59. 180
    I don't need no doctor says:

    Every time Ed Balls opens his mouth some fool sp ea ks

    Like

  60. 183
    I don't need no doctor says:

    It’s amazing how Balls is such an expert on the UK’s economy. What a pity he fucked up when labour were in power. He only spouts off to protect his parliamentry income as no one else would employ him.

    Like

    • 195
      jgm2 says:

      That’s what I thought about the Maximum Imbecile yet there are clearly people the world over who are unaware of his incompetence. He plundered 1.4 million from the gullible last year. Mainly overseas mind you.

      Like

      • 209
        Axe The Telly Tax says:

        But with our overseas aid budget (dictators Swiss bank accounts don’t fill themselves up you know), our money is going indirectly into McDoom’s bank account.

        Like

  61. 184
  62. 190
    Red Ken ( pond life ) Livingscum says:

    Hypocrisy and mendacity. It’s in Liebour’s D-N-A.

    http://bit.ly/ADVH15

    Like

  63. 192
    Ah! Monika says:

    TV pundits have used every word in the English dictionary 1000 times over to tell Europe how to solve the Greece problem.

    Time to ask Homer Simpson?

    Like

  64. 197
    Commissioner Prescott says:

    “Bring it on more Labour fodder”.

    Send them to Hull: London ‘to house its homeless up north’ to save money on rent

    Read more: http://www.dailymail.co.uk/news/article-2103298/Send-Hull-London-house-homeless-north-save-money-rent.html#ixzz1mqFNgJ9V

    Like

  65. 203
    politics says:

    I really can’t believe it

    Like

  66. 205
    David B says:

    But asking the consumer to go out and let rip again is repeating the strategy which lead to the mess we are in

    We need a cut in corporation tax and a business friendly civil service. Right now HMRC and the nationalised banks are closing business and that strategy needs to be reversed.

    Leave the consumer to try and reduce their personal debt and try and sustain SME who will grow the economy for a years to come and not generate one more party with the enevatable hangover

    Like

    • 264
      c.eng says:

      There’s no such thing as a business friendly Civil Service. It’s an impossibililty, an oxymoron. If Dave had done anything he said he would do, he would have halved the monstrously useless Civil Service by now, along with the Bonfire of the Quangos.

      He could also have sorted out the labyrinthine Tax Code which is so deceitful that the poor ninnies don’t realise they’re taxed at 32%, and then 52% from £35,000 plus

      Much as I loathed Gordon McRuin, Call me Dave is right up there alongside him now.

      At least GB seemed to have integrity but was dotty, whereas CMD is just the opposite, cunning but without an ounce of sincerity, and even worse no judgement and certainly no conservative principles to worry him.

      The True Heir to Blair.

      Like

  67. 208
    dragon den says:

    Ed Balls makes John Prescott look like King Dong if you know what I mean ;-)

    Like

  68. 220
    Arthur Haynes (Comedian) says:

    Bled Balls reminds Arthur of the bullying prefect from Greyfriars School, Gerald Loder. Crikey!

    AH (C)

    Like

  69. 232
    Caroline Spelman says:

    Kill the BADGER.

    Like

  70. 245
    nellnewman says:

    Ahh. Bullyballs the other half the the wrecking partnership Balls&Brown and the man who singlehandedly destroyed our education system.

    Like

  71. 249
    Dick Scratcher says:

    What c.u.n.t.ing planet is that chinless twat Gove on?

    If he thinks he can stop parents taking their kids off during term time he can fuck off.

    He can jump back in to Thunderbird 2 and fuck off back to Scotland. Limp dick Cam needs to give this freak a slap. Quick.

    Public school boy cuckoo. Fuck off.

    Like

    • 257
      Cynical Unprincipled Party Leader of Privilege says:

      Except that Gove is about the only one that isn’t a Public School Boy. I guess his parents were sensible enough to make sure he got the benefit of schooling instead of fucking off to Benidorme.

      Like

      • 260
        Peter Pervert says:

        He was initially state school educated in Aberdeen, later attending the independent Robert Gordon’s College

        Like

      • 262
        annette curton says:

        No e at the end of Benidorm.

        Like

        • 281
          Diane Fatbutt says:

          That’s where all the dossers on benefits go to sleep, right ?

          Like

        • 282
          Professor Les Ebdon Vice Chancellor of Nowhereshire appointed by Vince and Dave says:

          Minor details like spelling, grammar and getting the words in the right order will not detract from the marks we award, which in this case will be 5 Star Double A Plus. First Class.

          Note to Vince, ‘Must visit Benidorm on AwayDay to find out how to spell’

          Like

      • 276
        Billy Bunter says:

        Pillow fights in the Benny Dorm? What! What!

        Like

    • 261
      Chav and Chavette says:

      We’re taking the kids to Spain when we want to. If you want us to go at peak time give us more fucking benefits.

      Like

      • 335
        DA iNQUIRER says:

        iSN’T IT TIME YOU GOT KNOCKED UP AGAIN DARLIN? mORE BENNYS YA’KNO! WHAT COLOUR STUD YOU GOT THIS TIME ROUND? – OR DO THEY ALL HAVE A GO?

        Like

    • 293
      The Paragnostic says:

      So you think it’s a good idea to take kids off school in term time, do you?

      Fuck me, they learn little enough these days as it is, it surely isn’t asking too much for them to attend when they’re supposed to, is it?

      If the holidays to the Costa del Chav are too expensive, don’t go. Spend some quality time with your ghastly offspring and try to teach them how to be proper citizens, and save the holiday money for days out.

      Like

  72. 254
    Cynical Unprincipled Party Leader of Privilege says:

    Now tell me, if we do this, how does the feedback read from Focus Group 99.

    I need to know, to develop my strategic vision for the week.

    Like

  73. 263
    dd says:

    weak consertives are the cause of all our problems

    Like

  74. 270
    The Doddering Old Fart says:

    All Balls, The Whole Balls, and nothing but Balls.
    Always know what to do when they are not in office.
    Stop starting and paying for wars in the Middle East would go a good way.
    Stop giving Europe 50 Million a day.
    Stop putting everybody in the world first before the citizens of the UK.
    As for trade with Europe, countries outside the EU get exactly the same terms as the rest of them in the EU. So that doesn’t wash.

    And, most important of all, NEVER EVER let another bloody Labour Mob in Government.

    Like

    • 285
      Eeyore says:

      All true, but who’d have thought, Vote Conservative and get a labour mob in again.

      Puts one in mind of the Trojan Horse.

      Like

  75. 272
    I don't need no doctor says:

    It’s been rather quiet from Miliband. No bandwagon to jump on!

    Like

  76. 273
    Shit happens says:

    Labour had no growth between 2004 and 2010

    Like

  77. 283
    Hey whats up ziggass! says:

    Like

  78. 286
    Shit happens says:

    For pure undiluted bollox this from Peter Hain has to be read to be believed.

    http://www.bbc.co.uk/news/uk-wales-politics-17085330

    Like

    • 292

      ‘Remind everyone of the truth about Labour’s economic record.’
      Yes Peter, we sure will, even though you’re totally in denial about it.

      Like

    • 298
      I don't need no doctor says:

      Vain Hain what a pain,
      the man is totally insane,
      His year round orange hue,
      makes us all want to spew.

      Like

    • 342
      pigs in space says:

      Labour was responsible for 10 years of steady growth, he said.

      “We did fix the roof while the sun was shining.”

      But he added: “Where we went wrong was not in spending or borrowing too much.

      Hain, you are a fucking lying hoon.

      Labour’s only policy for economic ‘growth’ is spending somebody else’s money to grow a parasite sector.

      Like

  79. 301
    Cynical-old-bag says:

    Typically stupid comment from Blinky.

    He forgets that it was his government who introduced a couple of hundred stealth taxes and now he’s trying to be everyone’s saviour.

    Like

    • 319
      Cato Street Conspirator says:

      But isn’t the question ‘Is he right now?’ rather than ‘Was he wrong then?’. Think about it.

      Like

      • 358
        Cynical-old-bag says:

        I have thought about it. The reason – and the only reason, is that he wants to make a name for himself.

        The people of the UK have absolutely nothing to do with it whatsoever.

        Like

  80. 303
    sweaty palms says:

    This bloke is living on the edge.

    Like

  81. 304
    And now to spend the proceeds of growth says:

    No growth, no growth, what do you mean, sir.

    You need a good thrashing.

    Flashy get over here and sort this oik out.

    Like

  82. 307
    • 311

      ‘The department also plans to spend a further £1 billion between 2012 and 2015.’
      ‘Andrew Mitchell, Secretary of State for International Development, said it was in Britain’s best interests to help other countries tackle climate change…’
      Right, he’s been added to my list.

      Like

  83. 317
    Watch says:

    I need information regarding the Health Bill.

    Have any of the unions representing ‘half a million health professionals’ balloted their members as to whether they think the Bill is Good/Bad/OK? Or is it just the Labour Union Leaders making it all up?

    TA

    Like

  84. 323
    Saffron says:

    Balls as some economic guru,don’t make me laugh, the man is an absolute tosser,both him and ladyboy are an expensive joke to us taxpayers.

    Like

  85. 325
  86. 326
    Spotty Lizard says:

    Guido,

    How did Balls propose that those tax cuts be funded? That’s right – by increased borrowing. By supporting him, you’re being a stupid dick.

    Like

  87. 327
    Tom Watsons expenses says:

    I dont agree with everything the gutter press have done but by Christ I hate those Politicians even more as they are utter fucking hypocrites and who lie, cheat and steal from the tax payer whilst treating us like fools. Therefore I will be buying the sun on sunday to spite those c unts !

    Like

  88. 329
    The Paragnostic says:

    Greek default set for 23 March?

    http://lewrockwell.com/slavo/slavo98.1.html

    Like

  89. 330
    Fish says:

    The Trot and complete idiot Owen Jones now on Sky saying that Murdoch should be run out of Britain and his titles closed (with the exception of the Times that should have different owners) He claims that the Murdoch empire dominates the media and includes Sky TV – ignoring that the BBC has a reach of 70% of news viewers.

    New laptop is in serious danger of being propelled through the TV

    Like

  90. 333
    not a machine says:

    I just cannot take Ed Balls seriously , to go from deficet denier to proximity budget tax cutter , is a kind of political fraud , he never has admitted that low interest rates have saved a worse scenario , and with the huff and puff and greece going on , I dont think Eds strategy would have worked at all , as the eurozone has not been resolved , would have been very nice with increasing interest rates and a further euro correction ……
    I dont really know what the best mix is for this budget , as we have to see the scores on the doors , rather than assumming so much from the trends .
    If the fed is keeping interest rates low till 2014 , I would think we are sticking with that , so its what is possible leaving interest rates aside .
    There are still in my view ,imbalances which have to repaired , and hopefully by now the public accounts can reflect all the balance and not leave out those erm off balance sheet things .
    It will if nothing else be the budget where a proper set of figures is presented .
    The deficet once one offs are taken out should be noticeably better , and if the debt has made some progress then that would seem to be the right track , as some pressure will be taken out .
    Ken Clark thought it would take 7 years in 2010 to return to what he said was normal .
    The trouble for me is , I dont believe there is now anything “normal” about ecnomics in mature zones , and it is that , where the chancellors plan could come adrift . London is ideally placed , for any retrun to sound finance , that at some point i hope the world will wish to retrun to .
    Eds still on the drugs of spend for growth , where as I think ecnomics is more where it is at , we are after all still trying to pay for Eds last spending splurge .
    Its a disspointment to find the love affair with big spend projects still a topic , and many fields will die in other aspects of the plan , so not my cup of tea .
    Hes pushed for 50p rate to be scrapped , yet the politics of that are very reactionary , said hes not keen on marriage allownaces , goodness knows why he let the former energy secretary have £1bn for an untterly wonk project , and overseas aid budget has caused similar reactions .

    From a government pperspective , some things have proved very well , Education being the most notable , NHS still seems unsettled which is odd for me because as far as i can tell , Mr Lansley has saved the NHS , I mean it is one thing to protest against change , quite another to not see , it could have been much much worse . Again I am not sure where the split point has been all this time , as far as i can tell Mr Lansley has stuck to his free at the point of use remit and increased front line personelle , a structural change being smybiotically necessary , if its budget is to save the projected £20bn , being perhaps the only budget that could do so , and yet he has had one of the roughest rides going , when structurally he has delivered a fair pice of the overall deficet reduction .
    We shall see , what the tune is , on budget day, I have given what i thought is an apparaisal of the future ,the rest is personal pride on what is the truth about the situation we are in , and the way out of it . One chapter is nearly done , completed reasonably safely , a new chapter begins with this budget

    The other problem is some of the more external factors will not be understood until autum , so I guess he has to factor that in or even a seperate budget if things really do blow .
    for now though he is bound by low interest rates , and searching for the correct reliefs that enable the right sort of growth .

    Like

    • 336

      You sound like a machine to me.

      Like

      • 339
        Tachybaptus says:

        There are now several versions of the Postmodernism Generator. Perhaps this is one.

        For those who haven’t come across it, here is a link:

        http://www.elsewhere.org/pomo/

        It produces a different essay every time you visit the site.

        Like

      • 340

        He entered his room. the smell of the stale pizzas and the unwashed, unfinished baked beans drifted into his nostrils. Not a bad smell. not unpleasant. in fact. Comforting. Reassuring. Like a good sock.
        He didn’t know why his landlady complained. It was a pleasant odour. She didn’t have to come in here. He knew she never did. the hair across the door and the tiny piece of folded paper wedged in the hinge that he left every time he left informed him that she hadn’t been in. no one had been in.

        In fact no one apart from him had been in this room for a long time. A long, long time.
        he looked at the answerphone. The red blinding light remained unblinking.
        The big red Zero on the missed calls number seemed to mock him. Zero. Nil. Null. Naught. Nothing. Nul.
        He checked his beloved smart phone. No missed calls. not much of a surprise. No one to miss. No one to miss him.

        But Tat wasn’t too upset. This was a familiar routine.

        “I don’t need anyone.” He bravely told the empty, untidy room.
        It was just as well. he didn’t have anyone. Not a work colleague. Not a friend. Not even a neighbour. Not since he’d shouted at Mrs Cooper about playing her music so he could hear it. the silly, deaf old bag. He hated her. He hated her because she had once said ‘hello, you look happy’ too him.
        He’d come out of the bathroom having only gone in to wash his balls and she’d said ‘hello, you look happy’. What an old C#nt! Happy? Did she think he was having a double jerk! Well he wasn’t . Not that time anyway.

        Tat knew his paranoia was bad. Getting worse. Maybe they were drugging his food again? He’s have to check carefully. he only bought tins from the back of the supermarket shelf. that way they couldn’t know he was coming. Sometimes he took from the second from back shelf. That would fool them.

        What to do tonight. he could start on that blog he’d been thinking of writing. he knew it would be tremendous. And so funny and clever. just like him. But his enthusiasm dimmed as soon as he thought a bit harder.
        What could he say? “MRS COOPER IS AN OLD C#NT”. He’d already written that.
        Three times.

        Maybe a bit of trolling would help. He liked trolling. Liked being somebody else. It made him forget he was him. Forget he was Thick as Thieves. If only for a while. He really hated being called thick as thieves too. he’d stopped using that name ages ago. but those fuckers still called him Tat. Sometimes TwaT.

        Tonight I’ll fool them! he thought.
        or maybe he woudn’t bother. Maybe he’d just read one of his Vampire novels or play some World of Warcraft instead. Or maybe he’d look at youporn again.

        So many decisions. So many choices.
        Who needs friends when he had all this to choose from?

        Like

  91. 352
    Groucho Marks says:

    I would not vote for any party that would have someone like Balls for a member.

    Like

  92. 359
    Mark Wouters says:

    Hello Again “!!!!!!!!!!!
    I would just like to say Whoever cut off Margaret Thatchers Testicles deserves a Medal ????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????

    Like


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Next Year’s Election Will Be the Dirtiest Ever | Speccie
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An English Parliament is Inevitable Whatever Happens | Alex Wickham
Union All But Over Even if Scots Vote No | Janan Ganesh
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Unionists Outgunned | Times
Labour Will Lose Commons if Scotland Votes Yes | Times
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VOTER-RECALL
Find out more about PLMR


Gyles Brandreth writes in his memoirs:

“Sunday, May 10, 1998

Early start: appearing on Breakfast With Frost, to be broadcast from 11 Downing Street. The Chancellor [Gordon Brown] is grouchily amiable, but so earnest — and still biting his fingernails to the quick.

After the show, he took us upstairs to his flat. He lives above No 10, while Blair and family are in the No 11 duplex, which is bigger and more like a proper house.

I was intrigued that, when he took us into his bedroom, the Chancellor rather ostentatiously opened the built-in wardrobes, as if he wanted us to see the women’s frocks that were hanging in there.

They looked quite large, but I don’t think they belong to Gordon. I assume they belong to his girlfriend [Sarah Macaulay, who he later married].

I presume he was keen for us to know that he has one — and that she’s not a ‘beard’. I don’t think he does anything without calculation.”



The British media are Hunts says:

Now the SNP know how UKIP voters feel all the time.


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