March 25th, 2014

Rachel Reeves’ £230 Billon Slip of the Tongue

Last week Rachel Reeves let her guard down at a meeting of Christians on the Left, formerly known as the Christian Socialist Movement:

‘It will be much better if we can say that all of the changes that the Government have introduced we can reverse and all benefits can be universal.’

Much better? Really? That’s not what the sums say…

Implementing working-age Universal Benefits alone after the next election would cost Rachel £180 billion a year, which is double the benefits bill now. If you then include reversing all of IDS’s savings made in this parliament  – like £2.1 billion to Housing Benefit Reforms (this year alone) or £1.3 billion to Employment and Support Allowance – you’re looking at another £50 billion needed. That takes Rachel’s bill to £230 billion . How can that figure possibly be seen as ‘much better’?

The Shadow Work and Pensions Secretary admitting that she’s against the principle of Welfare Reform, but has been forced into it, hardly fills you with confidence about how she would act should she get her hands on the moneybags.  Tomorrow Labour will finally back a welfare cap, something that they have voted against three times before, yet behind closed doors what has actually changed? 


100 Comments

  1. 1
    Im Voting UKIP says:

    Faage will Kill Clegg

    Like

    • 14
      Ed Balls' Economy Meter says:

      Ed Balls.

      Was as happy as Larry when the economy was doing badly. And is as miserable as sin now it is starting to do well.

      Like

      • 34
        Toxic Labour for Spongers, Parasites, Criminals, Peedos, Green Nazis & other Wasters says:

        Rachel is a bit intellectually challenged and doesn’t understand the finer points of subsidising sponging bastards.

        Like

      • 63
        I dislike socialists intensely says:

        Ed Balls appears to be keeping well away from the media especially Andrew Neil
        on the Daily Politics show who does not let him get away with any of his bluster
        and bullshit .

        Like

        • 97
          LOVE YA'ALL says:

          Unlike your good self Mr iIntensely…go on get out more …maybe wash your car…oh its not Sunday is it?

          Like

      • 75
        In A Flap says:

        of course balls was happy when the economy was doing badly, he was partly responsible for that.

        Like

    • 44
      lojolondon says:

      Rachel Reeves = affirmative action. Normally with affirmative action employees, you try to keep them away from anywhere they can cause damage. Because with Liebour wanting to show how much more ‘inclusive’ they are than the Tories, they have far more AE representatives, so they keep getting plonkers making stuff-ups. Simples!

      Like

  2. 2
    Motley Fool - Buy order says:

    Cost of money tree seeds & seedlings hits all time high.

    Like

  3. 3
    Questions of our time says:

    How will the estimated 4000 to 5000 estimated EU J’ihadists who are currently fighting in Syr!a affect the desire for continued open borders policy in the EU when they return ?

    Big security risk not being spoken about too much, but those chickens are going to be headed home to roost soon: P!ssed because they did not get matyrdom there.

    Like

    • 6
      Andy Bumhum says:

      I know a good hospital to send them to.

      Like

    • 9
      Don't beat about the bush man says:

      When you say chickens do you mean muzzies, and when you say roost do you mean terrôrise?

      Like

      • 57
        Answers of our time says:

        i) Yes

        ii) Not necessarily terrôrise, but certainly to be of a mood to wage J’ihad in order to carve out an !slamic state or enclave within the lands of the infidels, with practical battle experience added to their CV’s.

        Thinking more of an incoming insurgency / insurrection of sorts.

        Like

    • 54
      Maximus says:

      But of course, the ‘desire’ will mulitply. Haven’t you heard – Victoria Nuland fucked the EU. She enjoyed it so much she’ll be back for another shag. And another. And another.

      Like

  4. 4
    Ed Balls - Shallow Chancer says:

    Lefty politicians all agree, maths is best left to geniuses like Gordon Brown and myself

    Like

  5. 5
    Keir Hardie says:

    Complete tossers

    Like

  6. 7
    JESUS H says:

    TURN THAT FUCKING WOMAN OFF. I CAN’T BEAR HER LOOPING VOICE

    Like

  7. 8
    Anonymous says:

    Since when have Labour every worried about spending money that the country doesn’t have. They are the party for both the deserving & bone idle on benefits.

    Like

  8. 11
    DI Burnside says:

    The mask slips. They talk against responsibility but vote against every cut and dream of massive increases in welfare spending.

    Like

  9. 12
    A Timely Reminder says:

    Labour in Power – a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed, are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers*

    Like

  10. 15
    Labour=Waste says:

    Labour love to hose your money on benefits, rewarding spongers and scroungers.

    Like

    • 56
      Bankster says:

      We love Labour hosing spongers and scroungers. £60bn interest a year. Lovely. Think what you can’t buy with that.

      Like

      • 91
        LOVE YA'ALL says:

        can’t buy me love …and it’s ‘our’ money probably more mine than yours …mainly because my life is infinitely more interesting and less full of your whining ££££ now concerns…

        Like

  11. 16
    Garfield says:

    I think Rachel Reeves gets a bit silly when she has been playing Ladies and Gentlemen.

    Like

  12. 17
    Mossad capo says:

    You are off message Guido

    The baroness is not a jihadi

    We support the real jihadis in Syria

    They are spreading death and destruction among our Arab neighbours

    This is vital for us

    Like

  13. 18
    Fishy says:

    Reeves has also said (on Brillo) that Labour will include the State Pension in the benefits cap.

    That effectively turns the ‘paid for’ pension into a means tested benefit.

    So be afraid if you’ve paid into and got a workplace pension – if you’ve saved for your old age, expect under Reeves plan to see the State Pension that you’ve paid for to be either reduced or withheld.

    Like

    • 20
      Axe The Telly Tax & Religion & Kill All Eco-loons says:

      Just imagine if the state pension had been run, since its inception, as a proper pension fund with NI contributions being invested worldwide in property,bonds,stocks,shares etc. by the best fund managers the government could hire.

      We would now be able to afford to pay out a far more generous retirement pension to everyone at 65 and no need to increase the retirement age.

      Instead successive governments have just pissed the NI contributions up the wall on their pet projects and therefore we have the massive ponzi scheme we see today.

      Like

      • 52
        Bosun Higgs says:

        The problem being that Asquith’s government could not then have offered the Edwardian elderly anything by way of a pension, and full pensions wouldn’t have come in until the 1950s. To put it another way, Asquith had a pressing need to buy votes with non-existent money. It worked!

        Like

        • 72
          Jack Ketch says:

          The 1908 qualification age was 70 whereas Life expectancy for men was 50. The pension was means-tested and only those with an income below GBP31.50 qualified. Also the pension was restricted to those “of good character”, so drunks, layabouts etc. and those with prison sentences were excluded as were people who had not lived in the Uk for at least 20 years. In 1908 only 590,000 people qualified of whom more than 260,000 were in Scotland, Wales & Ireland.
          Pretty much a bargain at five bob a head or seven and six for a couple. The whole pension scheme cost less than 8% of a Dreadnaught. Today’s pension bill would buy a couple of Death Stars with crushed velour seats.

          Like

  14. 19
    Pop Larkin says:

    Inflation is down today as the economy picks up speed. Perrfick!

    I say Labour’s “cost of living” fox is a mangy and limping creature.

    Like

    • 22
      Axe The Telly Tax & Religion & Kill All Eco-loons says:

      The only good rabies ridden fox and TB ridden badger is a dead one :-)

      Like

  15. 21
    Rachel Reeves says:

    I am the future.
    Honk honk honk.

    Like

  16. 23
    Rachel Reeves Massive Economic Brain. says:

    I can do sums, look what I did for HBOS.

    Like

  17. 24
    Polly Toynbee says:

    Anybody have any spare carbon credits they want to sell as I fancy a long weekend in my Villa?

    Like

    • 69
      Anonymong from BingoBingoLand says:

      Eyes down ladies! New game, new balls..

      Clickety click! Its one fat windowlicking, umbrian-living, oxygen thief.. 8.

      Like

      • 87
        LOVE YA'ALL says:

        don’t try to be clever even if you had a villa you wouldn’t know how to use dull miserable near to the grave sad one

        Like

  18. 26
    Malaysian text message says:

    Sorry about yesterday. Sending that text to say everyone is dead.
    But sadly more bad news. We’ve lost all you loved ones luggage too.

    Like

  19. 27
    Gerbil 7 says:

    DP discussing decriminalising the act of not paying protection money to the BBC.
    Coburn was very impartial, never interrupting the MP putting this bill forward and having a completely balanced argument both for and against.
    And if you believe that…….

    Like

    • 28
      BBC Red Bottom says:

      We have been discussing it. On Dame Nicky’s prog this morning we had a full 15 seconds discussion then cut to the airliner story. And on Question Time we stuck it in as a final 30 second question at the end.

      See.. We have had a full and frank discussion and the question is settled.
      Pay your telly tax!

      Like

      • 35
        Axe The Telly Tax & Religion & Kill All Eco-loons says:

        Grow a pair and stop paying the telly tax.

        I haven’t paid it for 9 years.

        I still get the odd letter addressed to “The Legal Occupier”, but as i know of no such person i burn them in the fireplace :-)

        Like

        • 71
          Anonymong says:

          I keep posting them back without a stamp.

          Dumb KNTz pay to send it to me and they pay to have it returned.

          Twats.

          Like

      • 42
        Gerbil 7 says:

        Interesting that Coburn compared the television tax with council tax seeing as they are both so similar…

        Like

        • 64
          Idon'tneednodoctor says:

          Why did the BBC say Cbeebies could be axed. Why not 24 hour boring news.
          Pathetic attempt by the BBC in using small children, mind you they let Savile.

          Like

  20. 29
    Rachel Reeves Massive Economic Brain. says:

    If I have told you onety I’ve told you twelvety times Ed Balls always checks my figures.

    Like

  21. 30
  22. 31
    Chuka Living in the past says:

    Chuka Harrison Umunna born 17 October 1978
    Cherry Groce accidentally shot september 1985

    Like

  23. 32
    RomaBob...benefits for all! says:

    Labour requires the population to be dependent on them being in Gov’t.

    Like

  24. 33
    Mitch says:

    £180 billion a year Universal Benefits is £7,000 for EVERY working person, which is more than 90% of them pay in tax.

    Not sure these projected amounts add up, either.

    Like

  25. 36
    welcome to doncaster mr farage says:

    i think they’ve realised it’s popular with voters

    Like

  26. 37
    paul collings says:

    You can’t believe a word most politician’s say. If they get into power again, labour will find a way to spend more money. Its what they do.
    when all the money is spent they’ll go cap in hand to the ECB and the IMF and beg for some more to give away. It is their only policy.
    we need a conservative government with a majority and a leader who is a little less liberal.

    Like

  27. 39
    Danielle Stevens says:

    Do we know if Rachel Reeves received HBOS bonuses at the time of the crash?

    Like

  28. 40
    Benny Fitz-Clements says:

    Come on, Rachel !! WE love you. XXX

    Like

  29. 41
    Rachel R says:

    Look, I don’t write this stuff, you know. I’m not even sure who does.

    You’ll never guess who I met at the hair salon on Monday….no, really…..

    Like

    • 43
      Gerbil 7 says:

      Nobody thought you did poppet, just as nobody thinks that you can actually read.
      Now stop worrying your pretty little head about such things.

      Like

  30. 45
    Large_Ray_Gun_in_Pocket_Sorry_it_is_a_Toy says:

    If the Left are supporting the benefits cap do they think the Public will take them seriously when they propose to abolish it? I thought that Mr Millipede was My Consistency, with a good likeness on a tin of Mr Muscle.
    Give me some free wads I did not count on getting though – ha ha ha!…….
    If the economy gets so much in debt they have to start again – I’ll piss myself laughing, since, by then I’ll be pissing myself quite often.

    Like

  31. 46
    Ed Miliband says:

    I’ve been leading the blind for 3 and half years and for 4 years.

    Like

  32. 47
    The BBC says:

    There will be a 5 minute special tonight on all of our 328 channels where Rachel Reeves will be allowed to put her case forward properly without being interrupted by any of those rude interviewers asking things that might confuse or sideline the up and coming Labour starlet.

    Citizens’ notice:
    Pay your telly tax – the fingermen are operating in your area.

    Like

  33. 48
    It's the taxpayers' money anyway says:

    If we don’t have enough money to bring welfare to everyone who is too fucking lazy to work, we’ll just print more.

    Like

    • 95
      LOVE YA'ALL says:

      Obviously but I think you’re being facetious you dull fuck …who wants to work anyway? Now go off and wash your car ….

      Like

  34. 49
    ss says:

    If she lived closer to Chernoble and had more fingers and toes she would be able to count a lot better.

    Like

  35. 51
    yawnnnnnnnnnnnnnnnnn says:

    Rachel can say what she likes.
    Everyone is snoozing, bored to death by her droning voice.
    Fook-all to look at too.

    Like

  36. 55
    Guy News Room says:

    BBC News – Owen Jones knew of Nigel Evans ‘serious allegation’.Well he would wouldn’t he ?

    Like

  37. 60
    Gordon Brown says:

    I saved the world. It started in America and was all the bankers fault.

    Like

  38. 61

    Don’t panic!

    Labour have a plan to fund all of this.

    They’re going to introduce a 50% Benefit Tax.

    Like

  39. 62
    Labour the dithering party says:

    The bankers bonus tax is expanding faster than the known universe, and quiet a bit larger.

    Like

  40. 69
    They've reduced 'my' money ! says:

    I can’t possibly survive on £26’000 a year for doing f… all ! I get so stressed by it all you know. I have to smoke at least 40 fags a day…..and they aren’t cheap you know !

    Like

  41. 73
    Anonymous says:

    What do you expect from lefties. Spend like there is no tomorrow- and there wont be unless we all pay through the nose to support wall to wall trash.

    Like

    • 90
      LOVE YA'ALL says:

      Of course you moron the only thing to do is spend like there is no 2mo go and play with your tiny nazi dick you bore

      Like

  42. 74
    Ayo says:

    Maybe we can reverse the benefits if we go after all the fat cats who bank off-shore and use clever accountants to dodge tax, maybe we can if we brought the 50% rate back, maybe we can if we close the tax loopholes that allow multinational companies pay zero tax, maybe we can when we get everybody in it together and stop picking on the easy targets at the bottom of the pile.

    Like

    • 76
      Grammar school boy says:

      Is that the same 50p top rate of tax that the Labour party presided over for literally ‘weeks’ in 2010 ?

      Like

      • 96
        LOVE YA'ALL says:

        Oh Grammar boy trying to get your snout in the trough too.. ‘presided’ that’s a big word isn’t it how bout ‘retarded’ dull-wit

        Like


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