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

  2. 2
    Motley Fool - Buy order says:

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

  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.

  4. 4
    Ed Balls - Shallow Chancer says:

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

  5. 5
    Keir Hardie says:

    Complete tossers

  6. 6
    Andy Bumhum says:

    I know a good hospital to send them to.

  7. 7
    JESUS H says:

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

  8. 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.

  9. 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?

  10. 10
    everything everywhere disappoints says:

    eveything everywhere disappoints is a perverse view taken by the idealist, given that the universe was born out of madness.

  11. 11
    DI Burnside says:

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

  12. 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*

  13. 13
    Motley Fool - Buy order says:

    I prefer O2 over Everything Everywhere (EE).

  14. 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.

  15. 15
    Labour=Waste says:

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

  16. 16
    Garfield says:

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

  17. 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

  18. 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.

  19. 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.

  20. 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.

  21. 21
    Rachel Reeves says:

    I am the future.
    Honk honk honk.

  22. 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 :-)

  23. 23
    Rachel Reeves Massive Economic Brain. says:

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

  24. 24
    Polly Toynbee says:

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

  25. 25
    John Major/George Osborne jointed statement says:

    Irritating D? Smith is an odd ball.

  26. 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.

  27. 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…….

  28. 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!

  29. 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.

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

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

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

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

  33. 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.

  34. 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.

  35. 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 :-)

  36. 36
    welcome to doncaster mr farage says:

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

  37. 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.

  38. 38
    Havocman says:

    She’s stupid as well as boring then.

  39. 39
    Danielle Stevens says:

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

  40. 40
    Benny Fitz-Clements says:

    Come on, Rachel !! WE love you. XXX

  41. 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…..

  42. 42
    Gerbil 7 says:

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

  43. 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.

  44. 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!

  45. 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.

  46. 46
    Ed Miliband says:

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

  47. 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.

  48. 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.

  49. 49
    ss says:

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

  50. 50
    Michel Foucault says:

    merde

  51. 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.

  52. 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!

  53. 53
    Hi, I'm Rachel. Can I bore the shit out of you? Oh, I have already. But we've only just met says:

    And as for a looker?
    Well, no actually.

  54. 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.

  55. 55
    Guy News Room says:

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

  56. 56
    Bankster says:

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

  57. 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.

  58. 58
    Wise words says:

    If religion is opiate of the masses, Owen Jones is the bostik.

  59. 59
    Pitkapoika says:

    Honk Honk

  60. 60
    Gordon Brown says:

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

  61. 61

    Don’t panic!

    Labour have a plan to fund all of this.

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

  62. 62
    Labour the dithering party says:

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

  63. 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 .

  64. 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.

  65. 65
    Fishy says:

    WTF has t got to do with Owen Jones?

  66. 66
    Up here on the roof says:

    Cut 80% of the useless paper pushers and you can afford “normal” repeats.

  67. 67
    Tastebud Tony says:

    Yes Nigel is a bad ‘un isn’t he. Now where’s my nearest Dictator, I need a hug…..Owen, any ideas?

  68. 68
    Up here on the roof says:

    More like the dipstick.

  69. 69
    Anonymong from BingoBingoLand says:

    Eyes down ladies! New game, new balls..

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

  70. 70
    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 !

  71. 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.

  72. 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.

  73. 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.

  74. 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.

  75. 75
    In A Flap says:

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

  76. 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 ?

  77. 77
    Observation says:

    Rachel was interviewed for C4’s documentary “Britain’s Trillion Pound Horror Story” and she didn’t know the difference between debt and deficit.

    Ideal person to finish the job that Brown started.

  78. 78
    Bloke says:

    Obamanomics in four words:

    Monkey See, Monkey Spend.

  79. 79
    Heathrow Baggage Handlers Terminal 5 Branch says:

    Bang out of order Brother, that’s our job.

  80. 80
    Dr Evil says:

    How come stupid and economically illiterate women prosper in the Labour party? Too much champagne addles the brain in the socialist paradise that is the Labour parallel universe.

  81. 81
    Dr Evil says:

    Hiding behind a wall and shooting without aiming isn’t really combat training.

  82. 82
    Cost-of-Labour-crisis says:

    All three in your pic are fiscally retarded.

  83. 83
    LOVE YA'ALL says:

    spend spend spend you daft boring miserable fecker

  84. 84
    LOVE YA'ALL says:

    stop being so dull you miserable sock in your pants retard

  85. 85
    LOVE YA'ALL says:

    turn the other cheek then and take it like a man

  86. 86
    LOVE YA'ALL says:

    and you’d know would ya?

  87. 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

  88. 88
    LOVE YA'ALL says:

    what is tax you boring dullard

  89. 89
    LOVE YA'ALL says:

    and you do what…? accounts? selling?” liven up man and join the fun – dull twat

  90. 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

  91. 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…

  92. 92
    LOVE YA'ALL says:

    Check out the porn wank with Jackie’s dullard tosspot you jizzhead

  93. 93
    LOVE YA'ALL says:

    Owen Jones he the man…..

  94. 94
    LOVE YA'ALL says:

    oh liven up and have some fun …tear down your zip an locate your perverse …

  95. 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 ….

  96. 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

  97. 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?

  98. 98
    LOVE YA'ALL says:

    Nothing at all Fishy but we love him….

  99. 99
    LOVE YA'ALL says:

    Tastebud if u looking for ideas you’re in the wrong place

  100. 100
    Sir Roger de Senseless says:

    The amazing thing is that few of ‘em do. I seem to recall Clegg being caught out by that one too.


Seen Elsewhere

UKIP on 23% With Survation | Mirror
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Tories Would Lower Benefit Cap | Telegraph
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Bashir is a Wrong’un | Norman Tebbit
Natalie Bennett Says it Should Not be a Crime to Belong to ISIS | Indy
LibDems Fifth in London | Standard
45 Mirror Group Stories Linked to Phone-Hacking | Press Gazette
Dave’s Diet | Speccie
Pink’O’Flynn | HuffPo
Trojan Horse Destroying British Values | Nick Wood


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