The policies of successive labour governments are have and always will be like an alcoholic that has come out of Rehab they are addictive spenders and worse they are addictive borrowers.
Rehab is never a nice place to be which is why as soon as this period is over and there is a feel good period the people like to move on. During the 70’s we had a very severe binge, so bad was this that the government had to seek the severe trauma unit that is the IMF. Britain then remained on the drip feed until the Election of 79 which brought in a government that was prepared to take the hard choices and allow the bad apples to fall from the tree.
Fresh trees were planted in the form of privatisation which along with the North Sea Oil boom years allowed the government to weather the unemployment storms and rebuild the economy.
Thatcher was of course right why should an elderly couple who have brought up a family and had a nice house and were now relying on their pensions have to pay for the upkeep of other peoples homes with maybe 3, 4 and 5 workers living in it? These homes were generating vastly more waste and using substantially more of the public services that the retired couple were paying for!
It does not matter if you live in a shoe box or a castle, if you flush the toilet the same amount of time as the person living in a box and put out the same wheelie bin once a week why should you pay 10 or 20 times as much for the same services? You don’t pay twice as much for a loaf of bread a bottle of milk or a tine of baked beans.
Many owners of large homes bought them, struggled to pay for them by working long hours in poorer conditions than we are used to today and then the homes that they had worked all their lives for, were under Labour to be a millstone they couldn’t afford to own yet we have “working class” families with a combined income many times larger than the retired couple and often with 3, 4 and 5 incomes coming into the home basically forcing them to sell up and move in to a shoe box.
To avoid the visit of the IMF we need to have an income, the state services however much they are needed do not generate an income, schools to hospitals can only function with funds and if we are to avoid crippling debts they have to come from the private sector in the form of corporation taxes, VAT, PAYE and NI contributions.
If the country had no debts imagine how much wealth would be back in the economy? People have far better sense of where to spend their own money than politicians do or will ever have and the sooner this money is back in the hands of the people the sooner the economy will start moving. We need low corporation tax to attract the business into the country with this tax less is more and is the only nettle Ireland had grasped during its boom years unfortunately they allowed the economy to go bust through having no control over interest rates having given up control to the EU.
As JFK said think what you can do for your country not what your country can do for you. Think about putting your litter in the bin and not waiting for the council to do it for you and move on from that attitude, we will all be the better for it. Take pride in your country its past, its present and look forward to a future without borrowing if we do anything its has to be that be do not allow labour back into power with the inevitable revisiting of Rehab after a shorter period of time than it takes for us to get over the last time they were in power.
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