tag:blogger.com,1999:blog-35649541.post5919740037823281753..comments2024-01-30T09:22:08.167+00:00Comments on Newmania In Lewes: Never AgainNewmaniahttp://www.blogger.com/profile/11922161971821380803noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-35649541.post-50388126337287456102010-10-06T19:14:02.038+01:002010-10-06T19:14:02.038+01:00"when do taxes come down"
You do unders..."when do taxes come down"<br /><br />You do understand that a <b>deficit reduction strategy</b> means that tax cuts will have to wait until at least the deficit has been cut to target, don't you?<br /><br />And even then, only when further spending cuts are found, unless you are prepared to see the deficit go up again?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-35649541.post-27962629924749780402010-10-06T13:37:45.670+01:002010-10-06T13:37:45.670+01:00Interesting comment and I was just coming to the s...Interesting comment and I was just coming to the same over-view of it.The baby boomer problem.<br />The problem here is not so much the way it has to go it is the suddennes and severity of the knock inflicted only on a quite small group mostly in the South East.<br />There were other options to graduate the shock and what about the other side of the equation. <br />When do taxes come down?<br /><br />Your view that the welfare state has been living on fake money is right though, and has occurred to some on the left <br />Google the recovery position New Statesman for the future of socialism when it is poltically impossible.Newmaniahttps://www.blogger.com/profile/11922161971821380803noreply@blogger.comtag:blogger.com,1999:blog-35649541.post-21224653014386297342010-10-06T11:37:33.530+01:002010-10-06T11:37:33.530+01:00I have always resented paying "national insur...I have always resented paying "national insurance" on the basis that I will never get anything other than a token state pension and that I will expect to provide for myself when I am older at any rate. For me "national insurance" is just a redistribution from my generation to the currently old. Am I angry? Not so much as resigned to fate.<br /><br />The problem is, N, that the postwar generations gave themselves some very nice little state-funded perks which are totally unsustainable. Child benefit may or may not be one of the sensible ones (although single people like me could argue that we are already paying for the schooling of other people's children and ask how much subsidy middle-income parents really need) but the simple unavoidable fact is that the welfare system needs to be cut down to long-term-affordable size. <br /><br />At least Cameron is thinking about this rather than just pretending that welfare spending can go on increasing as a share of the national wealth year in, year out.<br /><br />What is your solution?Old BEhttps://www.blogger.com/profile/06974090439936326476noreply@blogger.com