(November 16, 2010 at 1:38 am)Cerrone Wrote:(November 15, 2010 at 6:57 pm)theVOID Wrote: People need to realise you either raise taxes or cut spending, because they're the only damn things that are going to affect the deficit in any significant way short to mid term. Why cut spending rather than raise taxes? Because it has both the short/mid term benefits AND a long term benefit in terms of reducing the deficit and increasing economic growth.
And really, borrowing 66% more over 3-7 years, while paying low taxes over the time you are qualified and earning all balances out if not becomes advantageous for the majority of all individuals who will pass their university programmes.
It'd be a start if the government was pressured into spending our taxes on things we actually need rather than wasting it on the kind of ineffective shit that Labour was so famous for over the last 10 tens, that'd be a real start.
I agree, socialism is like going on a shopping spree in a nick-nakcs store... You get boring pointless shit you don't want or need and no chance of making your money back on it. You sound like you should be supporting the government on this one no? They're the ones who are fixing the spending blow outs. It always hurts to throw out the big investments that you've decades on but are bleeding you dry, but it's got to be done. The country just doesn't generate enough GDP to sustain those numbers, not these days with massive socio-economic shifts going on.
Quote:Someone pointed out to me yesterday that regardless of those in "higher education" at university, its just delaying the inevitable unemployment they're going to face when they graduate anyway!
And what's going to fix that problem? Sinking money into one of the most inefficient university systems in terms of cost and results in the western world isn't.
Recovering bad assets and spending on economic growth will work though, but it's not a miracle cure. It takes a significant amount of time and pain to restructure a backwards economy in any scenario, let alone in a shit storm like we've had for the past few years.
Quote:Labour encouraged young people to go into training during their term, now labour are out and those people graduate and they can't find work!
You say that like it would make a fucking difference who was in power right now.
Quote:The typicla government policy is to DELAY anything until the end of their 4 year term to make it look as though they've achieved something by altering the statistics on a short term basis during that time with little regard paid to what happens afterwards.
And that's clearly not happening now is it? Cameron has already planned to cut University funding and what is one of the most massive fumbling bureaucracies in the west, 500,000 jobs are going, but that's fucking nothing compared to the estimated 3 million public jobs since Blair, which isn't surprising when you have idiots like Gordon Brown creating 100,000 state jobs out of nowhere in one foul swoop... Yeah, because useless jobs are going to really help fix unemployment... You'd be better off giving them the money for free and save the cost of getting them an office, pens and paper.
.