Quickfire UK Budget Poll: How will it go for you?

doomed is gonna walk this

gluk

http://lake.blogs.com/.a/6a00d83452654869e200e55282a8928834-500pi

ty
xp

wait are you uk scottish or scottish british or a scottish uk resident of europe?

because afaik they're all different tax bands, like

wait are you uk scottish or scottish british or a scottish uk resident of europe?

I'm doomed.

If I'm asked to state my nationality on a form I put British or UK.

how strange. do they ever ask you about crisps/breakfast dough accompaniments to clarify further?

I usually can't speak with my face full of fried confectioneries.

i suppose that would be the giveaway for them, yeah

I always find it weird ticking "White - Irish" on ethnicity/diversity questionnaires in the UK. Is this supposed to make us feel included or excluded?

soon to be unemployed dude looking for PhD funding in philosophy - RIP me.

xp watched

Automatic thread bump. This poll's results are now in.

doomed	10
good luck UK!	3
not doomed	0

ILx keepin it positive!

I'm sure this view is reflected in today's tabloids...
http://img.thesun.co.uk/multimedia/archive/01071/carousel_budget_2u_1071004a.gif

My guess that these attempts across Europe to try to appease 'the market' and associated credit rating agencies will eventually go out of fashion.

Running a sophisticated modern economy is not like running a traditional current account and ensuring its in credit. You need deep and sustained investment in technology, skills and education to be able to compete in the global market place. Competing on the basis on paring everything back to the bone is crazy and wont work.

My guess that these attempts across Europe to try to appease 'the market' and associated credit rating agencies will eventually go out of fashion.

I don't think this is a fashion, I think this is The Way Things Are

It's a fashion

Explain?

Nations having to appease the market and associated credit ratings agencies is not the Way Things Are

Nations being secondary/subservient to private wealth (whether that be in the form of financial powerhouses or other types of corporation) is exactly the Way Things Are, I think?

the undesirability of large deficits is a fashionable trope, just as the deficits were themselves a few yrs back

osborne is all about being hung for a sheep instead of a lamb, they're going to get srs flak so they might as well enact long-held dreams of leng tch'e for the public finances in this brief window where they can pretend it's unavoidable

My guess that these attempts across Europe to try to appease 'the market' and associated credit rating agencies will eventually go out of fashion.

^ not the same thing

(xp)

No, not exactly, but isn't it a facet of the same constant?

Not exactly and not enough

there wd probably be a downgrade of treasury debt if they didn't cut, but 25% cuts are something else

tbf osborne said yesterday that you can't run a country w/ nearly 50% of gdp taxed, but that's a political rather than simply fiscal dictum

what was the proposh under attlee?

proporsh

There are fashions, cycles, and new orthodoxies in macroeconomics all the time. A few years ago the "Way Things Are" was that we have a new understanding of how to ensure sustained growth: you make your central bank independent; lightly regulate markets including finance sector - and bingo, you've ended the boom and bust cycle...Anyone disagreeing with this was a heretic.

All of which was still nevertheless at the behest of those controllong capital.

The Guardian reports that the estimates of the impact of the spending squeeze show the Government is expecting between 500,000 and 600,000 jobs go in the public sector and between 600,000 and 700,000 to disappear in the private sector by 2015 Great Larry Elliot article