Wednesday, April 22, 2009

Darling's budget

Fawkes says, doubtlessly correctly, that as soon as the 50% tax hike was announced emails pinged into the inbox along the lines of “That’s it, I’m off to Switzerland”.

IMO: Like most informed UK citizens, I would have liked to try for 55% or even 60% but it's a question of how far you can go without yet more tax evasion cutting in. Vince Cable mentioned more ways tax can be retrieved from the oligarchs manky and its rather a pity that these ways were not used. The wealthy profiteers seem to have not done us well to date, to say it mildly. Send these losers to Switzerland, they nearly bankrupted UBS and indeed Swizerland itself and if I were Swiss, I'd want to hang the bastards in the street.

David Cameron
, spoilt for targets, crowed: "This is not just boom and bust. It is the worst boom and bust ever."

IMO: As for 3.5 % growth soon, yes its possible, even if the opposition seem hell bent to ruin Britain's economy, and to do more harm than even Margaret Thatcher did. But I hope that any growth will not be simply at the expense of other members of the G20. I can see a way for 5-6% growth but that would probably lead to World War III, and it is arguable as to whether even wasting money on trying to put right America's errors in Afghanistan is worth it. Is it really right to support a nation like the US which has just admitted to torturing a victim 183 times ? And will not punish the perpetrators ? Would it save money to take a different, more socially acceptable course in Afghanistan, or is the UK still dependent on a doctrinaine US and EU ? And I'm certainly not thinking of disarmament. Yes, the UK still has many good options for the future, but experience suggests that they won't be used.

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