The Budget

[Aoami]

I hate to say it but it er... looks quite good.

 

[dysfunction]

Some good some bad...

BBC News - Budget 2011 at a glance: George Osborne's key points


He is going to reduce fuel duty by 1p but is going to tax oil firms more...what's the bet they pass that burden onto the customer...

43 tax reliefs to be scrapped as part of simplification of tax code

I wonder what those are!

 

[Ezteq]

can things get any worse than they have been?...well obviously they can but I mean really this country's been inthe financial shite for decades so it'll either be more of the same or someone actually does something right.

 

[dysfunction]

plus ça change, plus c'est la même chose - Jean-Baptiste Alphonse Karr

The more things change, the more they stay the same...


So I doubt anyone will do something right as they always make a mess somewhere along the line!

 

[cHodAX]

Growth forcecast dropped yet again.

 

[Zenith.UK]

I'm one of those that questions the Keynesian dogma of economics.
Why is constant growth an aim?
Growth, Growth, Growth is all you hear from politicians and economists and it really gets on my nerves.

We have finite resources. All resources. There is an end to them.
This is what I think...
The inescapable problem of growth: Arithmetic, Population and Energy - convozine.com

And this video explains why...
YouTube - The Most IMPORTANT Video You'll Ever See (part 3 of 8)

 

[Wij]

plus ça change, plus c'est la même chose - Rush, Circumstances

\o/

 

[kiliarien]

I'm one of those that questions the Keynesian dogma of economics.
Why is constant growth an aim?
Growth, Growth, Growth is all you hear from politicians and economists and it really gets on my nerves.

We have finite resources. All resources. There is an end to them.
This is what I think...
The inescapable problem of growth: Arithmetic, Population and Energy - convozine.com

And this video explains why...
YouTube - The Most IMPORTANT Video You'll Ever See (part 3 of 8)

Human Geographer head on.

Poorly considered argument. Resources are most definitely finite, but how much you can derive from that finite matter changes - oil has seen spurious figures used in terms of longevity, but even today the reserves we knew then (so yes, I'm not including new ones found) have had almost 20 years added because of technological innvoations to extract, in line with Boserup & Club of Rome's ideology if not their methodology.

Arithmetic vs. Exponential arguments have been useless for a long time. Malthus, as the father of such thought (in terms of food supply in that case,) couldn't have envisaged what happened aftewards and other than Easter Island it's a relatively defunct theory as it isn't dynamic enough.

This bloke on the video, although interesting, is far too microcosmic and so it doesn't apply. If he merely considered growth pole ideology he wouldn't be silly enough to bandy about NGR's and liken them to developing nations - he should also stop using 'Third World' as a term because it's not used in these matters anymore. He should stick to local matters and stop trying to macro them.

ON TOPIC!!:

NOT ONE fuel price has dropped in any of my 7 local stations. Haven't been to a supermarket yet though.

PAYE tax break isn't coming soon, it's a YEAR away.

NI/PAYE merge will have LOTS of consultants involved - I bet they won't be cheap and I can guarantee they'll get the business from parliamentary 'friends'

Absolutely NO explanation as to how the tax avoidance clampdown will operate and raise £1bn. Surely if it was this easy, they'd have fucking done it already??

They will review top end tax bracket. Which means "We'll help out the rich back door style when people aren't looking so closely"

The South West Water debarcle?? Seriously?? We have to subsidise people who have high water bills? They have decided to live there, in the warmest part of the UK, with lots of coastlines and views. That's fine and I don't mind paying. As long as I get subsidised heating payments for living somewhere colder 300m above sea level in Wales. That's a fucking joke and opens the flood gates for people to put points forward across regions in the UK imo.

I'm not anti-Coalition, political party or any of that. This is just total bollocks as a budget goes for me as they think we're all mugs and see one or two good things and will forget all the shit. Sorry Aoami but they seem to have mugged you off as a case in point
to that fact. And from a UKC man of all things!! :lol:

 

[Ch3tan]

all the stations round here have dropped. 132.9p at the moment.

 

[Raven]

It will have gone up again within a week.

 

[Ch3tan]

Of course it will, and to be honest I'd have been happier putting that 1p back into the treasury than the pockets of the oil companies.

 

[cHodAX]

If this lark in the middle-east gets any worse we could be looking at £1.50 a litre before long and the knock on effect that has on the rest of the economy is massive.

 

[Gibbo]

Fuel duty cut is a con. Haven't seen the prices change around here at all.

And with one statement, it's a "budget for growth" and in the next he's downgrading the growth forecast. Not sure how that works...

Waste of time from a waste of space chancellor.

And there will be less of this in pubs because of the rises to beer duty which make it over £1 now that goes in tax everytime you buy a pint. This will close down more pubs and mean more irresponsible selling by the supermarkets...

 

[Ch3tan]

Fuel duty cut is a con. Haven't seen the prices change around here at all.

And with one statement, it's a "budget for growth" and in the next he's downgrading the growth forecast. Not sure how that works...

Waste of time from a waste of space chancellor.

And there will be less of this in pubs because of the rises to beer duty which make it over £1 now that goes in tax everytime you buy a pint. This will close down more pubs and mean more irresponsible selling by the supermarkets...

Everywhere I've been in south London has come down; a few pumps have gone straight back up, but the Shell's, BP's and supermarket pumps are all down, some by 2p.

As for pubs; the breweries will see pubs out of business long before the government does, pub co's are greedy idiots, the lot of them.

 

[Raven]

Everywhere I've been in south London has come down; a few pumps have gone straight back up, but the Shell's, BP's and supermarket pumps are all down, some by 2p.

As for pubs; the breweries will see pubs out of business long before the government does, pub co's are greedy idiots, the lot of them.

Petrol prices fall, but not by full 1p - Telegraph

 

[Aoami]

I'm not anti-Coalition, political party or any of that. This is just total bollocks as a budget goes for me as they think we're all mugs and see one or two good things and will forget all the shit. Sorry Aoami but they seem to have mugged you off as a case in point
to that fact. And from a UKC man of all things!! :lol:

i just thought that, considering how gloomy it could've been it's not that bad.

 

[cHodAX]

Petrol prices fall, but not by full 1p - Telegraph

Some places have actually raised the price by a few pence, cnuts.

 

[cHodAX]

Then I see shit like this and it makes me want to be sick in my own mouth.

Corporate Profits At All-Time High As Recovery Stumbles