Thursday, 31 October 2024

Heaven help us!



( Blower, from The Daily Telegraph)

What a dreadful, narrow minded, anti growth budget! I despair!  A budget based on envy and nothing more. What a shower they are!

I wrote this in 2018:

Surely, the public sector can only exist if the private sector is able to support it? So a weakened private sector will, in effect, mean less taxes; how will the govt then raise money? Obviously it’ll have to borrow.


The chancellor has to manage the finances, exceedingly carefully. And I don’t think that many people ‘get’ this. There’s such a fine line in balancing the books and ensuring that the knock on effect from one decision that he makes, isn’t going to have an adverse affect on the next. God forbid if I was chancellor!


But the way I see it is that big business needs to succeed because of the jobs and income it provides and thus we need to embrace this and encourage entrepreneurs ( who, after all, do take risks). So a rich and prosperous business does mean that its workers enjoy success and, therefore, prosper.


The rich do not become rich at the expense of the poor. That is rubbish, even though some politicians expect you to believe it!  The rich become rich for a variety of reasons: they either take risks; they have good business brains; they’ve had the right ideas at the right time; they are canny, single minded and of course they they might have inherited money. Or it could be a combination of these things. And we all know that money generates money....that surely can only be a good thing ( as long as all of the rich do not become so p***** off with certain people’s attitudes toward them...and disappear abroad! )


Whatever the reason that people are rich, we need to cast off our envy and think a little more widely about this huge and complicated picture . Getting rid of our rich people or even taking too much from them in taxes and where will we be? Up the creek without a paddle, methinks. Govt borrowing will soar. We will all suffer as a result.’


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Heaven help us all! Show me a country where socialism / communism has succeeded! 

3 comments:

  1. Hear hear! This Labour government is very disappointing, full of hot air and 'ideas' with nothing substantial to sustain them.
    Communism never succeeds.

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  2. I also agree with you, how they define working people is disgusting, in their world anyone who works to better themselves should be penalized, I feel very scared as they have changed the borrowing rules, how much debt are they going to bring in.

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Thank you for taking the time to comment! ;-)