Tuesday, November 25, 2008

Calling International Rescue

Yesterday via his sidekick Alistair Darling, Gordon Brown delivered the final Budget for Nu-Labour. In true form Gordon is lumbering under the impression he is an economic genius when, in fact, he is the man that has dug us into the biggest hole Britain has ever been in, wants to more than double the depth of the hole and left us with little hope of being rescued.

Gone yesterday were all the hopes of Tony and his cronies and back came the 70's style socialist budget that will once again destroy this country of ours. All the work that the Tories did in the eighties and early nineties has been and will be destroyed on the back of Labour's profligacy and ineptitude.

Our debt for the country will double in less than three years to one Trillion pounds on the most favourable of forecasts. This is the biggest gamble in the history of the nation taken by a man who supposedly based his thinking on Prudence.

No wonder George Osborne described the plans as

"a huge unexploded tax bombshell timed to go off under a future economic recovery".
Osborne then went on to describe the position of our country as follows
"He's giving £20bn in giveaways and taking back £40bn in higher taxes, including the major rise in National Insurance, a tax on the jobs and incomes of middle Britain," he said.

"It is confirmation of the time old truth that all Labour chancellors run out of money and all Labour governments bring this country to the verge of bankruptcy.

"Stability has gone out of the window, prudence is dead, Labour has done it again."

"That means the chancellor is borrowing more on the nation's credit card than all previous governments put together."
Not only is he taking on all this debt in the forlorn hope it can pull him out of the biggest hole this country has ever been in, but he is doing it without the proper due process of Government.

Has he forgotten that he is not a one-man band, Yesterday was not a Pre-Budget Report but a full blown Budget. Potentially it was the budget that will lumber this country with it's biggest ever deficit and Gordon wants to pass it off as a minor issue barely worth 90 minutes of discussion in Parliament. This is truly a disgrace and must be remedied.

Nobody is saying that no action is required but whatever action that is taken should be subject to proper and full scrutiny by both House's, Some of the changes may even be illegal unless presented to Parliament as Iain Dale asks here.

John Redwood will also be asking the questions about where the discussion and debate are and records his thoughts here.

In summary this nation is currently in a very deep hole, covered in the proverbial, Gordon is trying to make the hole even deeper, deeper than has ever been seen, and covering us in a truly unbelievable amount of the proverbial, and he has no ropes long enough to extract us from the hole and no ideas on how we will survive in the murky depths of the hole and no idea of the true depths the hole will eventually plumb.

It looks like we will again be calling in International Rescue, in the form of the IMF, to extract us from the hole at a later date and to burden yet another generation with the results of Socialism.

2 comments:

Noddy said...

NuLab = socialists?

Vetnurse said...

What l am confused about is that l thought the chancellor did the money and the pm stuffed the country. The way things are whats the point of alister d as he seems to have stuff all real say?