You have to love Ed Balls. "Something must be done!" he screeches "This is something. Do it"
Now call me cynical but I have yet to meet a UK Government who plan anything in the long term. All activities by the powers that be are designed with the sole aim of short term gain and re-election so they can keep their greasy hands on the levers of power and deep in the pockets of the tax victims (I refuse to call them taxpayers, it isn't optional, after all). Let's have a look at Ed's Glorious 5 Point Plan to return Britain to the boom, boom, boom of those wonderful Labour years under Gordon "the ruiner" Brown.
- Repeating the bank bonus tax - and using "the money to build 25,000 affordable homes and guarantee a job for 100,000 young people" - that'll be the banks that will need recapitalising because they have..er..no money, right?
- Bringing forward long-term investment projects, such as schools, roads and transport, to create jobs - No Ed. We are a trillion in debt because of your PFI specials and my kids certainly do not want any more piled on them
- Reversing January's "damaging" VAT rise now for a temporary period - why temporary Ed? If you want people to consume, reduce the consumption tax permanently.
- Immediate one-year cut in VAT to 5% on home improvements, repairs and maintenance - ah, and create a housing bubble as Dawn and Keith rush out to buy a Jacuzzi to add a few quid to the value of their two up, two down in Droitwich? Boom and bust, remember?
- One-year national insurance tax break "for every small firm which takes on extra workers, using the money left over from the government's failed national insurance rebate for new businesses" - "money left over" ? Ed, there isn't any money, you gave it all to the banks, remember?
There is a global adjustment under way, Ed. A monumental fight between the banks, Corporations and Politicians and us, the ever suffering public who serve them. We, as a planet, have run out of money we never had in the first place (yet strangely will have to repay). We cannot afford what we cannot afford, as Greece is slowly finding out. Promises from Politicians are as worthless as the bonds they sell to finance it. The game is up. Poor? Cancel your fucking SkyPlus box and stop ordering Dominoes pizzas from your iPhone then. Try and make do with last seasons nylon football shirt, no matter what the shame. Jobless? Go and join the Poles in the factories and the fields actually earning a living until things look up again.
Pay off your debts and start living within your means, just as 2/3rds of the planet has to.Ask the older generation how they managed without a iPhone or a television in every room because no matter what our elected Emperors may tell you, we are not clothed in fine silks supplied by them, we are skint. Proper skint, naked and utterly exposed to the cold wind of reality.
Humpty Dumpty sat on a wall,
Humpty Dumpty had a great fall.
All the king's horses,
And all the king's men,
Couldn't put Humpty together again.
“You can ignore reality, but you can't ignore the consequences of ignoring reality.” Ayn Rand