Liebour win control of hastings council

[roy]

So the town reflect the national mood and go for the liebour party again,got to say dont they realise it was that party along with the bankers who created the mess we are in in the first place?
Still I guess some have very short memories or are just happy to see the con and lib dems take a hammering,still I voted UKIP so I did the right thing.



Enjoy life.you never know when it will end.

[Zippy123]

Hastings is a working class town, what do you expect?

The Torys have been seen to be taking from the poor and giving to the rich.

The last lot got their sums wrong because they though tax takes would have been higher but the bankers screwed up the economy by going bust and needing billions in bailouts.

[Richard]

Local elections and national politics?
Probably more about local matters and who is best to deal with them !

[Mymblesdaughter]

The Labour party didn't get the country into the mess it's in it was because of a global recession caused by the banks.

The Tories are only interested in helping the rich and demonising the helpless, disabled and unemployed in society. Hoping we don't notice them cutting taxes for the rich. The thing that surprises me is that anyone is still voting for them. I actually have a very long memory, I remember the 80s.

[Richard]

Can't just blame the Tories for tightening up when the Labour party get up to over-generous spending on unrealistic pensions and salaries for their Unionised public-sector workers. (Unions who bring Labour funding and power)

So-called rich people benefitting from the 50 to 45% tax reduction are using it to create jobs and creating new money not just spending tax-payers money willy nilly.
Also the tax band of low-paid workers has been raised to their benefit recently.
I accept the Tory cuts have probably gone too far but both sides are to blame. As for the Banks they were not regulated properly in some Western countries (notable exception being Australia where they are very tightly regulated and never became part of the problem)

Two schools of thought

1. Tories - be careful with money and cut back on spending
2. Labour - spend your way out of a recession

Nobody has the perfect answer !

[Mymblesdaughter]

Does anyone really believe that the rich are using their tax reduction to create jobs? I was listening to a program on radio 4 last week saying that large companies and the rich are just sitting on their profits and not reinvesting them to help the economy.

My sister is a public sector worker and she doesn't get paid well by any means. We need public sector workers they are the people that keep the country running. The average public sector pension is 7,800 so hardly a fortune.

I'm not saying the Labour party have all the answers I wouldn't vote for them if there was another party that was viable. If you don't want the tories then they are your only alternative.

[roy]

It was the Liebour party that brought us boom and bust,old gordon got it totaly wrong,liebour have always ruined the economy,they have no idea about economics.
They failed on regulating the banks who lets be honest lent money to joe public who were encouraged by the liebour government to borrow and spend money they didnt have any right to have.
Not to mention cash for questions Iraq and Afghan wars and of course to top it off mass immigration,dont you just hate the party and all it has done.



Enjoy life.you never know when it will end.

[Richard]

[quoted]
Mymblesdaughter wrote:
Does anyone really believe that the rich are using their tax reduction to create jobs? I was listening to a program on radio 4 last week saying that large companies and the rich are just sitting on their profits and not reinvesting them to help the economy.

My sister is a public sector worker and she doesn't get paid well by any means. We need public sector workers they are the people that keep the country running. The average public sector pension is 7,800 so hardly a fortune.

I'm not saying the Labour party have all the answers I wouldn't vote for them if there was another party that was viable. If you don't want the tories then they are your only alternative.
[/quoted]

The labour governmet only raised the top rate of tax to 50 from 40% at the end of its tenure in Office.
This was a cynical ploy done to provide a 'poisoned chalice' to the Tories whenever they tried to lower it.
Basically big businesses, who are working in various countries, can juggle their operations around to suit the economic climates in the most favourable parts of the world and so we have to give them the 'breaks' they are looking for to maximise their profits.
You can't condemn this if it is actually creating more jobs in this country however much we may dislike fat cats and very rich people.

PSW's keep the country working, but sometimes I wonder at what cost when hospitals seem to be run for the benefit of the staff rather than the patients. (that's not political, more a managerial failure)
We tolerate it for some reason and something is not working when we see loved ones neglected or even abused deliberately.

[Mymblesdaughter]

Roy, Gordon Brown wasn't the leader of the whole of Europe or America and they have the same problems as us. So I don't see how you can blame the labour party.

No I don't hate the party and don't have a problem with immigration it would be hypercritical as I've been an immigrant or expat as we English prefer to call ourselves.

The tax cut was on personal tax not business tax so unless you are running your own non Ltd company that money is not going to be used to employ people. It's a fact that if you give the poor a tax cut virtually all of that money is spent and improves the economy. It's not the same with tax cuts for the rich they put it into off shore savings.

Capitalism is a boom and bust system and until we change it we are going to continue in the same way. No matter who is in power.

[Richard]

Some countries (e.g. Greece, Spain) borrowed too much money to pay their public sector workers and other countries (e.g. U.K. and France) lent them money to get a good rate of return and face serious problems as they now stand to lose most of that money if those with high levels of 'Sovereign Debt' default on their obligations to repay.

Petrol and Food have risen enormously recently and put ordinary people under more pressure.
A growing population (and increased longevity) has also put strains on the ability of countries to fund the public sector.
There is now an explosive mixture of countries who try borrowing more money to keep PSW's happy and those who try to enforce Austerity measures, this is because their debt is inter-related as detailed above.

What the answer is we don't know because the economy is now weakening and more people than ever will lose their jobs.
I don't see how spending more to increase wages and pensions can help if it increases the sovereign debt.
Then again I am not an Economist just a worried person who is seeing their savings disappear to nothing and debt looming on the horizon_ _ _

what is the alternative to Capitalism? it's probably so boring and even unthinkable.