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23 April 2009 @ 10:50 am
Ok smart asses  
Anyone got anything to say about the budget?
 
 
Current Mood: confusedconfused
 
 
 
The Stainless Steel Rat: Union Jack Y Frontsstainsteelrat on April 23rd, 2009 09:56 am (UTC)
For the most part it was about as exciting as other budgets. Good to see they're putting in more measures to help the unemployed - rather than adopting the 100% cynical viewpoint. Not impressed by the car purchase scheme.
Aarona_pawson on April 23rd, 2009 01:16 pm (UTC)
The car purchase scheme is not for our benefit, but to try to help the car industry. Quite why we should offer financial help to large corporations I am not quite sure, but I suppose they do employ a lot of people.

The £2000 tag is a complete fallacy though. The government is willing to give a £1000 rebate to the consumer, but expect the car company to find the other £1000. I'm sure they will, but I'm also sure the price will miraculously increase by £1000 too.
The Stainless Steel Rat: Union Jack Y Frontsstainsteelrat on April 23rd, 2009 02:39 pm (UTC)
The car purchase scheme is not for our benefit...

I don't believe I said it was...

Quite why we should offer financial help to large corporations I am not quite sure, but I suppose they do employ a lot of people.

Mostly outside of the UK, aside from dealerships.

In short though, how many people with a 10-year old car are likely to buy/afford something new? It's nonsense.
Aarona_pawson on April 23rd, 2009 02:51 pm (UTC)
I disagree with your statement that most people in the auto industry are employed outside the UK. There are numerous car factories in this country that employ people in manufacturing jobs. It's estimated that around 800,000 people are employed in either car manufacture, or in companies that supply components to the major car manufacturers in the UK.
DCradiantsoul on April 23rd, 2009 03:20 pm (UTC)
It does seem to little to make much difference. It will probably shift a few thousand extra cars on the margin. But it will not save the industry.

On the other hand it seems China and India are bound to get cars soon. I am sure that will increase demand at some point.
The man in a black t-shirtduj_1arm on April 23rd, 2009 09:58 am (UTC)
According to the BBC's budget calculator I should be an extra £160 a year better off. Better than a poke in the eye with a stick.
Wednesday: angrytiger_tyger on April 23rd, 2009 10:04 am (UTC)
About bloody time they decided to tax richer people rather than just the poor.
fiat_knoxfiat_knox on April 23rd, 2009 01:07 pm (UTC)
The only benefit could be a long term one, provided that some of that extra cash Darling offered to the DWP can filter down to me in the form of a bigger carrot, rather than more stick.

Otherwise, nothing. I don't smoke, I don't drink, I don't own a home, I have no cash in a savings account, no mortgage, no loans, no credit card and I walk everywhere. At least they can't tax oxygen, gravity or sunshine.
wemyss: CofETorywemyss on April 23rd, 2009 02:03 pm (UTC)
Why, yes.
Here, cross-posted from my Torygraph blog:
http://wemyss.livejournal.com/191943.html
anghara13: Purple Horsesanghara13 on April 23rd, 2009 05:56 pm (UTC)
Re: Why, yes.
Nice blog that. Very much to the point and crystal clear.

Of course the other thing the current 'board' are doing is continuing to increase the debt burden of the company in question to the point where every 'shareholder' will be bankrupted if the (hopefully dear god soon) incoming board can't make it good.

I know that means hard times ahead, but darlings, you can NOT "spend your way out of debt", anyone with even a hint of common sense should be able to see that.....