Comments on: The phoney budget http://blogs.reuters.com/great-debate-uk/2010/03/17/the-phoney-budget/ Wed, 16 Nov 2016 01:37:11 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Lee Siu Hoi http://blogs.reuters.com/great-debate-uk/2010/03/17/the-phoney-budget/comment-page-1/#comment-10503 Mon, 22 Mar 2010 02:34:25 +0000 http://blogs.reuters.com/great-debate-uk/?p=6536#comment-10503 Anyone sitting on a moral high ground lecturing other people run the risk of embarrassing himself/herself. As far as economy is concerned, we are all like three blind men touching an elephant — everyone has a bit of the truth but not the whole truth. I always think a limb duck government is the best government.

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By: Lee Siu Hoi http://blogs.reuters.com/great-debate-uk/2010/03/17/the-phoney-budget/comment-page-1/#comment-10502 Mon, 22 Mar 2010 02:33:15 +0000 http://blogs.reuters.com/great-debate-uk/?p=6536#comment-10502 Another sitting on a moral high ground lecturing other people run the risk of embarrassing himself/herself. As far as economy is concerned, we are all like three blind men touching an elephant — everyone has a bit of the truth but not the whole truth. I always think a limb duck government is the best government.

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By: p savage http://blogs.reuters.com/great-debate-uk/2010/03/17/the-phoney-budget/comment-page-1/#comment-10467 Fri, 19 Mar 2010 18:56:50 +0000 http://blogs.reuters.com/great-debate-uk/?p=6536#comment-10467 I remember when Gordon Brown lectured Europe on the (then) successful Anglo Saxon model for an economy. The German finance minister commented that’ Britain is conducting an economic experiment based on everyone cutting each others hair. We will continue to make things’ Who was right?!!!!

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By: GROW UP http://blogs.reuters.com/great-debate-uk/2010/03/17/the-phoney-budget/comment-page-1/#comment-10455 Fri, 19 Mar 2010 13:29:31 +0000 http://blogs.reuters.com/great-debate-uk/?p=6536#comment-10455 Not any Phonier than any other Budget as all Budgets are Phoney

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By: brenton http://blogs.reuters.com/great-debate-uk/2010/03/17/the-phoney-budget/comment-page-1/#comment-10449 Fri, 19 Mar 2010 12:02:21 +0000 http://blogs.reuters.com/great-debate-uk/?p=6536#comment-10449 “”The UK is essentially stuffed for at least a generation””

Forever more like it. It started when you decided to be a welfare state – fair enough you wanted to protect the people, but you forgot that you also have to protect the revenue streams required to pay for it.

Now you bring in half the third world to replace your best and brightest who left for the colonies long ago.

You have lost your car manufacturing – you can’t even make a black cab, your aircraft industry, your ship building, your steel making all gone.

Do you actually produce anything anymore apart from socialists?

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By: William Fletcher http://blogs.reuters.com/great-debate-uk/2010/03/17/the-phoney-budget/comment-page-1/#comment-10436 Thu, 18 Mar 2010 14:55:09 +0000 http://blogs.reuters.com/great-debate-uk/?p=6536#comment-10436 I have already told my daughter to get her engineering degree & LEAVE the UK. Where – to be decided nearer the time.

We are degenerating into a 3rd world basket case; I do not expect a full recovery in my lifetime. It took 30 + years to pay of the US after WW2 & will likely take a similar time to clear up this current disaster.

The UK is essentially stuffed for at least a generation.

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By: Barks http://blogs.reuters.com/great-debate-uk/2010/03/17/the-phoney-budget/comment-page-1/#comment-10435 Thu, 18 Mar 2010 13:56:00 +0000 http://blogs.reuters.com/great-debate-uk/?p=6536#comment-10435 Whatever party gets in there should be a huge simplification of taxes. Labour have instituted a large number of “stealth” taxes which should be blown away. All these myriad taxes must cost billions to administer and collect. Why not just have Income Tax, Corporation Tax and VAT? Easy and cheap to collect , easy for Joe Public to understand. The savings in admin would be huge.

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By: Lee Siu Hoi http://blogs.reuters.com/great-debate-uk/2010/03/17/the-phoney-budget/comment-page-1/#comment-10431 Thu, 18 Mar 2010 09:22:30 +0000 http://blogs.reuters.com/great-debate-uk/?p=6536#comment-10431 I think VAT should go down instead of up. Young people are leaving the country to work elsewhere because of the high cost of living. Taxes tied to land would be more sensible as young people can vote with their feet but land simply cannot walk to another country. This has to be a young people friendly place before the economy has any chance of coming back.

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