johnny9fingers (![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
johnny9fingers) wrote2010-04-22 05:52 pm
johnny9fingers) wrote2010-04-22 05:52 pm
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When to increase tax, or cut services. Or I remember what I was thinking on the bus on the way home.
The IMF, who previously have suggested a wonderful thing to do with a Banking tax or twain, have weighed into the political debate inadvertently.
www.guardian.co.uk/business/2010/apr/21/western-economies-too-weak-for-spending-cuts-imf-warns
So according to the IMF, who would have to be called in to bail us out should things go tits-up in the way of Greece (which according to Professor Joseph Stiglitz is hugely unlikely) our economy is too weak to start the cuts/tax rises until 2011. Which is what both Labour and the Lib-Dems say.
Gawd bless the Tories, hey.
I'm sorry to all you folk who want change for its own sake: but from my limited economic understanding, Brown and Darling are making more sense than the rest of 'em. Of course, we'll vote in the disaster of the Tories nevertheless.
www.guardian.co.uk/business/2010/apr/21/western-economies-too-weak-for-spending-cuts-imf-warns
So according to the IMF, who would have to be called in to bail us out should things go tits-up in the way of Greece (which according to Professor Joseph Stiglitz is hugely unlikely) our economy is too weak to start the cuts/tax rises until 2011. Which is what both Labour and the Lib-Dems say.
Gawd bless the Tories, hey.
I'm sorry to all you folk who want change for its own sake: but from my limited economic understanding, Brown and Darling are making more sense than the rest of 'em. Of course, we'll vote in the disaster of the Tories nevertheless.