Tag Archives: cuts

Where to cut?

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Rather jumping on a worn topic here, but it’s till puzzling me. So far it would seem that despite all the hue and cry the actual total government spending is still increasing. Which from my own micro economic experience doesn’t tend to be a good way to get out of debt (though I’m told that apparently if your a government you can just borrow indefinitely and it’s all fine). The TPA observe that there’s only two ways for the government to reduce the deficit either spend less or tax us more so we spend less (Government cuts, or cuts for … Continue reading →

Another stroll

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It seems whilst I was away there was a bit of a demo by people who’d rather the government not make any cuts at all but presumably instead drive the country into penury as they don’t seem to be suggesting an alternative to not borrowing more money every month. Though it seems they are keen on anyone who seems to be “rich” paying some unspecified amount of tax as avoiding tax is bad (Not not evading – avoiding I.E. not paying more than you have to. I can but assume that the only way to not “avoid” tax is by … Continue reading →

Student tantrum revisited

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As articles about the student protests/tantrums and the evil changes to their funding abound, I find myself increasingly confused by the whole matter. The Independent reports that only a quarter of the students are expected to actually pay off their loans, which would seem to put the whole change in funding firmly into the “book keeping trick” category, as the bulk of the funding will still come from taxes covering the loans but the government can at least claim it’s all loans. In the meantime apart from keeping the cost off the governments books for a bit it would seem … Continue reading →