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politicalbetting.com » Blog Archive » Tim Montgomerie agrees with Nick Clegg on where cuts should
politicalbetting.com » Blog Archive » Tim Montgomerie agrees with Nick Clegg on where cuts should fall
Tory insiders say they'd be tougher on pension benefits if UKIP didn't exist. "We can't afford more core vote defections to Farage" I'm told
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The three other party reps said they're happy for him to be on.. Although the Labour woman was a little bit less enthusiastic...
, Farage said there should be a cut off point in terms of VI polling percentage to decide whether a party was allowed on... And he mentioned 15% !!!
Maybe he doesn't fancy it!
As we now have the PMIs in for the three main output sectors which contribute to GDP and, on the expenditure front, some early indications of Q4 retail sales, the forecasters of Q4 GDP have begun to sharpen their pencils.
Commenting on the [PMI] data Chris Williamson, Chief Economist at Markit, pointed out how the most recent purchasing managers´ survey results suggest that growth will have accelerated from the 0.8% pace seen in the third quarter. "If borne out by the official data gross domestic product will have expanded at a 1.9% clip over the last year, the most since 2007," he added.
Precisely in that regard Barclays Research today upped its forecast for fourth quarter economic growth to 0.8% from the 0.7% previously envisaged. A turnaround in investment, after a prolonged period of weakness, is likely to drive the recovery, Barclays said as well.
[Source: Digitallook]
The middle SWIFTIndex nowcast for Q4 growth was down at 0.3%, with the OBR forecast at the time of the Autumn Statement 0.6%. So there is some optimistic uprating going on in the commentariat.
Enough to rid ourselves of the ish.
And he cant even get his message straight without a compelling answer to the obvious follow-up about what happens to universal benefits.
Lib Dem smugness has made terrorists' lives easier
Nick Clegg's party is risking our safety to impress the Islington dinner party circuit, argues Tom Harris.
http://www.telegraph.co.uk/news/uknews/terrorism-in-the-uk/10553418/Lib-Dem-smugness-has-made-terrorists-lives-easier.html
And while no sensible Chancellor ever rules out tax changes, our whole economic plan can be delivered by reducing spending further not by increasing taxes.
NI will come out for Cameron, probably Mail/Telegraph too tho could go kipper...
Mirror group/Grauniad for Ed
Express for Nigel.
Who is going to report that Clegg has 'won' a debate. And it is the perception that forms the narrative, and the papers that can lead perception somewhat (still) will decide he hasn't !
Maybe the Independent but he'll have to win by a country mile for it to be so...
False teeth are flying over the cliffs of South Thanet and hitting the sea defences harder than the spring tides.
The kippers now face a hard choice.
Leave Cameron out in the cold or keep warm at Christmas.
Whether that makes for good governance is, of course, another question. But then, attaining power and ruling well have always been different matters (cf The Prince and Discourses on Livy).
Labour's policy has been to restrict WFA to higher and additional tax rate pensioners.
How Fiddler on the Roof changed the course of American legal opinions.
pic.twitter.com/ZMJzRyr8Tk
Labour U-turn ?
TSE..... once too often to the Spurs well? I see Tim blamed the small size of our available squad for the defeat...............smallest in the PL I think he's reported as saying......
Looking forward to the first 2014 YouGov as well..... must be time soon for a thread on the LD 2010 turned Lab voters.... the new Ed is Crap core topic.
http://www.telegraph.co.uk/news/worldnews/europe/poland/10553020/Poland-attacks-David-Cameron-plan-to-ban-Polish-and-EU-migrants-from-claiming-child-benefit.html
Poland has hit back at David Cameron's call for a change to the European Union's treaties to allow the Government to withdraw child welfare benefits from Polish migrants working in Britain.
I'm hoping someone explained to him that the effective rate for someone at that level is actually 62% marginal rate of tax and his brainwave would raise it to Hollande-like 72%!!.
As part of a package of tax cutting aspirations no doubt....
There is no penalty for being unmarried. I know. I'm not married. I haven't been sent a single tax bill by HMRC for my lack of a wife.
The absence of a perk is not a penalty. To claim that is intellectually subnormal gibberish.
I am thinking of backing Palace to beat you lot on Saturday.
At least you're not Manchester United.
I note with disapproval that you are selectively editing my original posts.
Cameron is best remaining silent on this issue.
Story about Kim Jong-un's uncle being fed to dogs originated with satirist
Lurid story about Jang-Song-theak's death apparently first appeared in satirical post on Chinese social media network
http://www.theguardian.com/world/2014/jan/06/story-kim-jong-un-uncle-fed-dogs-made-up
THA Bedr0ooo0-0m Taix !
WHO WILL REPRESENT IRELAND AT EUROVISION 2014?
http://www.paddypower.com/bet/novelty-betting/music/eurovision-song-contest?ev_oc_grp_ids=601482
No price quoted for Crystal Swing?!
The Exchequer collects VAT on the purchases of yachts and stamp duties on second homes.
Food banks don't charge VAT or pay corporate tax.
Will no one rid the country of our turbulent deficit?
Patrick will leave his job at The Daily Express newspaper as Chief Political Commentator in February to help oversee UKIP's campaign for the 2014 European and UK local elections."
http://www.ukip.org/newsroom/news/1106-ukip-announce-new-director-of-communications
As I've said before, sometimes I wonder whether there's a degree of irony about your comments. But then I get this sinking feeling and think, christ, he's not serious is he?
NOBODY in the UK has to live on the state pension only - anyone with no income other than the state pension will also receive pension credit (unless they have substantial savings in which case they will also have savings income).
So precisely who is this a poll of?
Out of interest, is your 'no' to lower top rates of income tax based on the politics or the view that it is not self funding (a move back towards the optimum on a Laffer curve)?
1. Lower income workers spend a greater proportion of their incomes than higher income ones. Therefore to maintain the pace of economic recovery, it is better to pass money to people who will spend rather than save.
2. Once our deficit is under control, and debt-to-GDP is beginning to decline again, I would fully support the abolition of the 45% tax rate, as well as the absurd phasing out of the tax free allowance for higher rate earners.
"I haven't been sent a single tax bill by HMRC for my lack of a wife."
Hush, Mr. Dancer, hush. The good doctor is a socialist, no need to give him ideas especially as he will probably be back in parliament next year.
Mind you, speaking as a married man, I think there might be merit in a penalty tax for the unmarrieds. It would sort of be a windfall come envy tax and, to create a level playing field with your married compatriots it should be set at about 90% of income.
P.S. In these enlightened days should you not have said, "My lack of wife/husband"?
Its just so counter intuitive though, isn't it? Give the rich a massive tax cut and slash benefits for the 'most vulnerable'
Perhaps we should re make Robin Hood.
Robin finds that his attempts to rob the rich and give to the poor are unsuccessful, because the rich had moved to other, less brigand friendly shires.
Nottingham castle and Manor house prices nosedived, and the poor were poorer than ever, because the rich had taken all the jobs with them.
The local Priory also had to move to Lincoln because the rich were the main charity sponsors.
Unfortunately they took maid Marion with them.
I suppose I should have. For the sake of clarity, I also have no husband.
It's bad enough that politicians bang on about hardworking families all the time, as though single people offer nothing of value, without being taxed for it!
Could be worse, though. I could be married to a horrid person.
You have been much missed.
"The bad news is: there’s still a long way to go. We’re borrowing around £100 billion a year – and paying half that money a year in interest just to service our debts. We’ve got to make more cuts. £17 billion this coming year. £20 billion next year. And over £25 billion further across the two years after. That’s more than £60 billion in total."
When did we last have a government going into an election year promising these sorts of cuts? This is where the end loading of cuts over the Parliament (necessary to achieve and maintain economic stability) really comes back to bite with a vengence.
Are the Lib Dems really going to sign up to £17bn of cuts this year and £20bn next? Will the Coalition survive this?
The BBC focussed today on the £25bn of cuts in the next Parliament on the basis that they are new but I wonder how clearly identified £20bn of cuts in an election year have been identified. I also wonder whether the implications of the government cutting spending by more than 8% across the board has struck home with people. Our welfare state is going to look seriously different by the election in May 2015. A lot of things that people take as "rights" at the present time are going to have to go.
RCS1000 was stating that we were about 2 years ahead of Ireland in our economic recovery. We may be for the banks but we are about to experience much of what the Irish have suffered over the last 4 years.
1. It is important to find a woman that cooks and cleans.
2. It is important to find a woman that makes good money.
3. It is important to find a woman that likes to have sex.
and MOST important...
4. It is important that these three women never meet.
The less said the better.
Leave it to the fourth estate to take up arms against a sea of kippers and by opposing end them.
Mr. Max, perhaps a sound idea but the problem is what happens if the independent comes up with a solution people hate? (cf the 'pay rise' for politicians).
And welcome back Mr Llama (and Socrates)
RCS1000 was stating that we were about 2 years ahead of Ireland in our economic recovery. We may be for the banks but we are about to experience much of what the Irish have suffered over the last 4 years.
We're going to suffer that one way or other whether or not the government of the day plans to manage it. If we keep trying to borrow 100bn a year forever the markets will rapidly move the interest rates for the UK. Labour created a monstrous structural deficit over 13 years. Did they think this would not have consequences? So far the UK has 'bravely' made the easy choices about cutting the deficit back to something survivable. Now come the harder choices.
Thanks Gordon and Ed. NOT.
I suppose these will be a little easier to live with if the economy is recovering and living standards are starting to recover.
Should do wonders for Nick Palmer's re-election prospects in Broxtowe.
I do worry, however, about the politics. When you think about the ridiculous fuss and upset caused by the ending of the spare room subsidy or the so called granny tax you realise how profoundly orientated towards higher spending our media and indeed our electorate are. These were both tiny drops in the ocean compared with what is coming.
Nice of you to say so, Mr. LP. and it feels nice to be back among friends too. As Mr. Socrates said on here the other evening, the reason why I eschewed the site seems to have gone.
Now who was it that I had a bet with the the Scots Indy referendum would not happen? I might need to dust off my cheque book.
I dislike the idea that independent bodies, free of any political oversight, should determine policy. It's undemocratic. There is a simple answer for younger people if they want to have their interests listened to and that is to exercise their votes more often (and more variably, ideally).
I agree Palace at 10-1 and our poor home record, 'tiny' squad....
running with the latest howler from the no camp on its Yougov commissioned poll.
29% want the status quo, 30% want Independence and 32% want more powers.
Lying Tories manage to get 29% support for NO to be equal to 70%, LOL, surprise surprise it is neck and neck and the majority of the Don't Knows want more powers.
Tut, tut!
http://www.telegraph.co.uk/news/uknews/1479401/Third-man-confesses-in-the-Quinn-affair.html
Should always remember to play the ball not the man....
http://www.dailymail.co.uk/sport/football/article-2534272/Spurs-supporters-dock-shameful-attack-Walcott-derby-defeat.html
Of course if you believe that we will not get rid of the deficit in the next decade or so then you might have a point. Depends how much you believe the Chancellor.
Osborne to ban high earners ( £60k plus ) from council housing. Allegedly 1.69 million houses to be freed up.
http://www.dailymail.co.uk/news/article-2534337/More-hard-choices-needed-secure-long-term-recovery-says-Osborne-Chancellor-warns-spending-cuts-needed.html
Its a joy to see you still upholding traditional values from the heart of Warwickshire too, Mr. Brooke. Wishing you and yours health and prosperity in 2014. I look forward to the debates to come in what I think will be a momentous year.
@TSE
Good to see you, metaphorically speaking, again. Still wearing those red shoes?
Secondly, even taking incredibly optimistic assumptions (30% of UK gas consumption, a $2/mcf tax) the amounts raised would not create any meaningful SWF.
Thirdly, governments (even UKIP ones) have a tendency to spend more money than they plan to.
If UKIP policy was "after the financial situation of the country has improved, and we have reduced the national debt to the level it was before the mismanagement of the Labour and Conservative administrations of the last decade, we will consider the creation of a SWF" then it would be sensible. But it would also be an aspiration for 2035, not 2020.
Furthermore, that there are pages devoted to the SWF, and to gay marriage on the UKIP website, but not one devoted to education or the tax and benefits system suggests - at the very least - some bizarre priorities.
When Luis Figo returned to the Nou Camp as a Real Madrid player, Barca fans threw at him, inter alia, a battery (which was still inside the radio) and a Pig's head
www.youtube.com/watch?v=ZWJZcPSJyIs