There is no given what will happen next. For one, I feel that a solution can still be found for the Conservatives as they are looking at the pressures currently on the desk of George Osborne. The subtitle gives us the issue at hand. ‘Fresh pressure on George Osborne to halt controversial measure that will leave 3.2 million families worse off by average of £1,300 a year‘, there are two elements. As the leftish media is shouting how the rich are making the people worse of, we must consider that truth to be utterly bogus. Who in his right mind would think that the Conservatives would play fast and loose with seventy one seats for a mere £320 million a month is out of his/her head. Yes it hits 3.2 million people, but why? You see, the total bill of £3.8 billion is the issue.
You see the quote “The tax credits system is hopelessly complex and needs reform but we should be backing those who get up and go to work for low wages instead of living on welfare. The national living wage and changes to income tax thresholds will not offset enough of their loss and they will struggle to earn more money. They need our support and should be rewarded by a welfare system that is fair and helps them move forward in life“. The non-emotional part is that these are working families and they cannot make ends meet. This is the British version of Wal-Mart! Too many tax breaks have gone to corporations, where the savings of billions went straight into the pockets of less than a hundred board members. As the gravy train ends, they now move to fatter shores leaving the rest to fend for themselves. This was ALWAYS going to happen, and we must acknowledge that both sides of the isle have enabled this option. Both sides (mainly labour) have spent massive amounts in an irresponsible way and the UK credit card is now maxed, meaning that tax cuts are pretty much a thing of the past. You see, both the opposition as well as the current administration are trying to appease their congregation, but it is no longer allowed to cost anything. This is one of the reasons that George Osborne was not giving in to tax breaks last year, and he was right not to do so. This does not solve the problem and it is going to be a puzzle whether a solution can be found. The bad news is that if the Conservatives stand on principle, they will massively cut their own plan and in addition their chances on any re-election go straight out of the window. So what to do?
That part is not the focal point, what is the issue is the statement “71 Tory MPs in marginal seats could be vulnerable“, you see, if you go back to the bible of elections (at http://www.theguardian.com/politics/ng-interactive/2015/may/07/live-uk-election-results-in-full), you can see that the marginal seats only for the smaller extent go towards Labour. The options for UKIP are not that great, but the issue are now a decent amount of seats that were for the Liberal Democrats, these seats will go somewhere and my money is that many of them could now move towards UKIP too, now we have ourselves an old fashioned horse race. Because this is the momentum Nigel Farage has been hoping for. Should we be worried? Well, that depends on any solutions the Conservatives can offer. The quote at the end “While some Tories are expected to voice serious concerns about the policy on Tuesday, few if any are expected to rebel on what is a Labour motion. Instead Osborne is likely to come under sustained pressure behind the scenes to act in his autumn statement next month” (at http://www.theguardian.com/politics/2015/oct/17/tory-mps-at-risk-tax-credits), gives the reality. At present, whatever happens at whatever election follows at some point, the governing body better realise that stretching credit cards is no longer an option.
This is only one view, even within the party there is a growing concern of the loss of tax breaks, especially as it hits the lowest incomes. I myself understand this. I agree that something must be done and overall the lowest incomes should be protected to some extent, yet the tax breaks were never much of a solution. It was a stopgap at best. I came up with a solution, which was in three parts. I got the idea using a simple abacus (MS Excel). I designed the solution on March 16th this year in my article ‘In fear of the future‘ (at https://lawlordtobe.com/2015/03/16/in-fear-of-the-future/), so far I have not found any credible opposition from the Labour party, the Liberal Democrats (whatever survived the last election), or even UKIP for that matter. I see all these claims left, right and centre, whilst they are all full of the ideology of their own voices. Even Mark Carney has seemingly been unable to oppose my logic in this matter. You see, the solution is so very simple. I raise the basic level with 1% and the higher rate with 2%. In all this the lowest group would not get hit and the basic group would pay annually a maximum extra of £318 (only if they earn the maximum basic income). The higher rate gets to deal with an additional 2%, so they get the full £318 and in addition 2% of the higher rate, which could end up being a maximum of £836 (if you are on an income between £42,386 and £150,000). These two groups represent 96.2% of all taxpayers and the added income to the coffers would be a nominal addition of £2.9 billion. I found a solution in a mere 5 minutes whilst politicians and marketeers still cannot figure out. And the wealthiest group? Well they also pay the 1% and 2% extra, this group of 300,000 is paying already all kinds of extras. In addition I would be willing to remove a tax break or two from them and in all this, the pensioners and lowest incomes were left alone, was that so hard?
The manoeuvring we see by McDonnell and Corbyn as we read “Does anybody dispute the arithmetic which demonstrates that a 2% GDP deficit will eventually result in a perfectly manageable public debt ratio of 40% GDP, just so long as nominal national income can be persuaded to grow at around 5% annually, as it generally did before Mr Osborne was in charge?” is part of the issue no one wants to address. You see, the debt is hanging around the neck of the UK. Even at 1%, the debt amounts to an £18 billion invoice. The coffers are getting annually drained and without a clear strategy there will be no social justice and there will be no NHS. Is it that hard for people to grasp that the life we all had before 2003 is gone and as far as I can tell, it is gone forever. EVERY presentation we have seen by every party has not amounted to any increase in the quality of life. Managing bad news is at the core, a game that the conservatives have not been playing. So as we read at http://www.policyexchange.org.uk/ “Fixing the roof while the sun is shining – Osborne’s new spending rule” you better that believe foul weather is coming to the Commonwealth. The Euro is in upheaval and that is not going to end soon. Most people are currently forgetting about the Greek situation. The harsh austerity adoptions are being made, but the streets of Greece are not in a good way. The dangers of the Greeks cutting their fingers by alienating the tourists (especially the German ones) is still a risk that cold set Greece back an additional 10-20 years. The fact that places like the Acropolis are hiking the entry prices by 400% is not a good sign either. We could debate whether the Greeks had an alternative. Yet scaring away tourists that are spending hundreds of euros by making museums no longer an affordable choice will in addition to diminished numbers scare away the American and the rich Asian tourists. In addition, the Financial Times is stating an economic recovery for Germany, but I am not convinced. http://www.dw.com/ stated that Germany has trimmed the full year growth outlook, which is a given, yet the part no one is thinking of at present is that the view for 2016 is not that strong, investors are worried and in all this Brexit and Frexit remain a reality. All this impacts the UK economy as well and as such ‘fixing’ the roof now is essential. In all this there is a second danger to the conservatives. You see, there is still a chunk of these 71 marginal seats that could have gone to Labour, yet, with the infighting, the non-clarity of views and the bad statements (as well as those lacking on common sense), even though it sounds good, most people can see through them. This is exactly what costed Ed Miliband his seat and those people will at all times select UKIP before the conservatives, which is not good for my party, but that does mean that people will be making plans for Nigel.
71 seats and any of them feeling a push towards Brexit, which will be a worry for David Cameron on more than one front. Am I right, am I wrong?
It is not about me being right or wrong, it is about the shifting political landscape, one that has been pushed by a massive debt that is not being dealt with. A massive debt that gives power to large corporations, which get the options of leaving wages low and pushing a non-liveable life towards the people currently in financial pain. In all this, the 30,000 refugees will have a minimal impact on a health system that is already beyond breaking. These little parts all add up to more and more hardship. The Conservatives are trying to find a working solution that will not break the bank, yet that path is less and less feasible, which all works for Nigel Farage. In that light, UKIP should also see the dangers that loom. Now we all know that when it comes to respectability, we tend to consider the crack dealer to have a better value than most journalists. Their approach has been questionable to say the least. Yet, when the Independent (at http://www.independent.co.uk/news/uk/politics/44-of-ukip-voters-could-imagine-backing-a-military-coup-poll-shows-a6698056.html) starts getting its fingers on data that makes the following quote a reality: “As many as 44 per cent of Ukip voters could imagine supporting a military coup in Britain“, UKIP better starts realising that these extreme expressions that they are only digging their own holes. Or as Raphael Behr form the Guardian states: “Nigel Farage is the gift that keeps on giving“. I would never oppose honest outspoken opinions, yet when we see links to ‘coups’ in the land of Windsor, you better rethink your strategy. In all this his attempt to give rise to emotional stated people will only hurt him more (the Lord Brittan case). So, yes, he is the nonstop giving gift. Yet, he is not down and out, because the European situation is far from settled. He basically has an ally in Marine Le Pen, a situation that remains watching, and remains a growing power in France, especially is the less economically strong north of France. That part people forget. France has impact here because the French have had it and like Farage, Marine Le Pen is all for dumping the Euro, and if need be the EEC too. Which implies that if Frexit becomes a reality Brexit better be ready for implementation. David Cameron will not have the option to vie for time. At that point it all falls apart. No matter who comes first (Brexit or Frexit) that pain will be felt all over Europe and when one goes, the other one better follows.
So is this the moment UKIP was waiting for? I reckon it is to some degree (if Nigel is able to not drop the ball), but the field is wide open and several options remain. If the Conservatives want to continue, they will have to find a way to deal with the £3.8 billion question that is the centre of the field. In similar light a look needs to be taken regarding the budget. George Osborne is quite right to set into law the responsibility of a government to keep the books balanced. The minus trillion plus will take decades to manage and there is no given that it will be gone any day soon, with deficits growing another path is needed. One that I have been in favour of (for all governments) for a long time. So soon we will see the truth. Is Jeremy truly about a new kind of politics, or is he just another Labour speaker with a clever slogan?
We will get insight into that truth soon enough.
You see, as I stated, the field remains open, but as we see al he bickering and speeches, which of them is actually worried about the diminishing situation for merry old England? Who spoke out? That part is the issue, as the Liberal Democrats have Farron, who seems to be stuck next to the Blackburn Rovers. You could say that one is a founding member of soccer, the other cries about the ‘theft’ of school meals. Perhaps Mr Farron could consider where the money needs to come from, we all know that the treasury coffers are empty and Farron has yet to show a responsible bone in his body regarding the need of proper budgeting. Tim Farron seems to be all about “The flagship Lib Dem policy is supposed to save families more than £400 a year per child and provide a healthy lunch to every five-, six- and seven-year-old“, which is a good cause, I truly agree that it is, but who pays the baker and the butcher? Not one party has a clear answer here, not even the Conservatives, which it is exactly why it could end up getting scrapped. In that same light Jeremy Corbyn is all about getting elected, which means he has to spend money and promise all kinds of deals down the track. Basically it will be about spending money he does not have, not now, and after the elections it will not be in the treasury coffers. His view regarding ‘ending austerity’ is principally Mr Corbyn’s objective. This sounds nice as a slogan, but where will he get the money to govern, in that regard they have always made the same basic mistake. Spend now and let the next one clean up that mess. An option the UK can no longer afford. The three of them have set a dangerous precedent. In all this UKIP could get a massive slice of the cake, if they do not drop the ball or screw with the gains they got. Any momentum lost will be a massive drain towards the elections. This could end up being the moment UKIP was waiting for, the question remains, who will they trust? Only the right team will make it and infighting will drop their political victory chances to 0% overnight, a danger that remains realistic, which is what the conservatives and Labour are both hoping for, because them 71 marginal Tory seats are indeed the currency desired, yet the marginal Labour seats are not mentioned here, which to the best of my calculations are an additional 12 that UKIP could grab there, it will include the more tropical sights of Caerphilly after Charges against the three Caerphilly council bosses were ‘dropped’. The population there could find themselves at odds and if they turn from labour, UKIP becomes the new option. In that case brilliant work by senior labour people might not be enough to save Caerphilly for Labour, yet they could stem the tide for a few additional places. You see, Delyn might get hit too. Not because of David Hanson, he did a good job, but his choice for Yvette Cooper could now raise the question: ‘what else will he get wrong?’ Not a fair situation, but a consequence of choice. Unless Jeremy Corbyn makes a massive blunder, that choice could cost him and with every labour goof that comes from now until election time will affect his chances. Here Nigel Williams will remain a contender. His correct view “We didn’t quite get there but the vote for UKIP in Delyn increased by over 800%” is the issue. If Williams remains the level headed than Williams remains just that a dangerous contender. David Hanson will face an actual fight next election, which means that Nigel Farage needs to get his A-Game out. Labour and my Conservatives will push for infighting as much as possible (all things are fair in politics and desire), but that view could backfire too (not the desire view though). The numbers have shifted and the UK has moved in the direction Nigel Farage desired it to be. He just didn’t plan for this shift to happen, which gives us a small window of opportunity against UKIP.
I wonder who’ll take it.