Comments on: The phoney budget

By: Lee Siu Hoi

Lee Siu Hoi — Mon, 22 Mar 2010 02:34:25 +0000

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.

By: Lee Siu Hoi

Lee Siu Hoi — Mon, 22 Mar 2010 02:33:15 +0000

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.

By: p savage

p savage — Fri, 19 Mar 2010 18:56:50 +0000

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?!!!!

By: GROW UP

GROW UP — Fri, 19 Mar 2010 13:29:31 +0000

Not any Phonier than any other Budget as all Budgets are Phoney

By: brenton

brenton — Fri, 19 Mar 2010 12:02:21 +0000

“”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?

By: William Fletcher

William Fletcher — Thu, 18 Mar 2010 14:55:09 +0000

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.

By: Barks

Barks — Thu, 18 Mar 2010 13:56:00 +0000

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.

By: Lee Siu Hoi

Lee Siu Hoi — Thu, 18 Mar 2010 09:22:30 +0000

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.