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El_Pirata

Gordonomics

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1. Don't raise income taxes but cream money off everywhere else you can find it, such as pensions.

2. Spunk all the cash from 1 on an army of unproductive public servants, while continuing to underpay nurses and teachers.

3. No cash left from 2, so use public-private partnerships for any infrastructure projects, saving yourself money now but burdening the rest of us for decades after you've gone

4. Tie business up in red-tape to stifle productive private sector growth. Stand back and watch while as many jobs as possible are outsourced to Bangalore.

5. Engineer massive house price inflation and a massive increase in personal debt through low interest rates (independent MPC my @rse!), to con people into thinking they are richer than they are and get them to spend spend spend!

6. Dodge the generalised inflation normally caused by 5 by encouraging unprecedented levels of immigration, both skilled and unskilled, thus holding down wage growth. A bogus inflation measure will help you here as well.

7. Rewrite or redefine any budgetary rules you set yourself at your own whim.

8. Bleat on about tackling third world poverty to make yourself look like a good guy. But don't actually do anything constructive.

9. Blame "global challenges" and Opec when things start to look shaky. Use lots of big angry hand gestures when you give speeches.

10.Try to get Tony's job before the sh*t really hits the fan...better hurry along now...

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Yep your "10 point strategy" is the stuff "Chancellors or the Century" are made of.

A man who has not only created a crock of $hite for the future but has come out smelling of roses too....well at least with the Sun reading Chav uber-class.

This really should be pinned somewhere............like every darn bus-stop in the country.

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Good one, P.

Are you on Brown's policy-making committee?

I think the daft twit thought that OPEC was a branch of the B of E.

********************************************************

Opec hits back at Brown comments.

http://newsimg.bbc.co.uk/media/images/4078...ownmanc3_pa.jpg

Oil cartel Opec has said it was "surprised" at Chancellor Gordon Brown's comments at the weekend blaming its producers for high petrol prices.

On BBC's Newsnight programme, Opec's acting head said the price rise was not the fault of producers, who had accelerated output in recent years.

Claims that demand had outstripped supply, Opec said, were not matched by industry figures.

Opec said the call from the Chancellor for a global solution was "welcome".

But it said that everyone, producers and consuming nations, had to do their part to solve the problem.

"The facts are known. Supply has been able to cope with the demand. I find it surprising to say that demand is outstripping supply. That is not so," Adnan Shihab-Eldin, acting secretary general of Opec told the BBC.

We are still looking for the stability point and hopefully it will not be too long

Opec spokesman

The chancellor said at the weekend that Opec had failed to respond quickly enough to the surging demand for oil from China and called on it to increase supplies.

But Opec fears oversupply could cause oil prices to collapse.

It said increased investment meant oil prices would have to stay above at least $40 a barrel. But it agreed that the ideal price range would be somewhere between $40 and $60 a barrel.

"We are still looking for the stability point and hopefully it will not be too long," Opec told Newsnight.

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How about a bit of vat on personal credit..

He could even push for mortgage debt too....it would be "prudent & socially responsible" (not),

raise billions for his thwarted spending plans,

and would take the edge off his problems with tax credits with all those opportunities for confusion.

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Guest KingCharles1st

He could also put a stealth tax on personal banking charges- after all, this would only affect the financially irresponsible, .. :(

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1. Don't raise income taxes but cream money off everywhere else you can find it, such as pensions.

2. Spunk all the cash from 1 on an army of unproductive public servants, while continuing to underpay nurses and teachers.

3. No cash left from 2, so use public-private partnerships for any infrastructure projects, saving yourself money now but burdening the rest of us for decades after you've gone

4. Tie business up in red-tape to stifle productive private sector growth. Stand back and watch while as many jobs as possible are outsourced to Bangalore.

5. Engineer massive house price inflation and a massive increase in personal debt through low interest rates (independent MPC my @rse!), to con people into thinking they are richer than they are and get them to spend spend spend!

6. Dodge the generalised inflation normally caused by 5 by encouraging unprecedented levels of immigration, both skilled and unskilled, thus holding down wage growth. A bogus inflation measure will help you here as well.

7. Rewrite or redefine any budgetary rules you set yourself at your own whim.

8. Bleat on about tackling third world poverty to make yourself look like a good guy. But don't actually do anything constructive.

9. Blame "global challenges" and Opec when things start to look shaky. Use lots of big angry hand gestures when you give speeches.

10.Try to get Tony's job before the sh*t really hits the fan...better hurry along now...

...and here's a good one for the list.when the sums don't add up to your own self-imposed criteria...move the goal-posts and invent a new set of rules so the figures now stack up(temporarily)

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OR.....(to the tune of flash gordon by queen)

CRASH.....

AA-AAAAAH

HE'S SCREWED EVERY ONE OF US!

CRASH...

AA-AAAAAH

WAS GOOD,NOW WE'RE PENNILESS!

CRASH...

AA-AAAAAH

KING OF PUMP-AND-DUMP

DOWN TO EARTH WITH A BUMP,IT'S A SLUMP,AN ALMIGHTY CRASH!

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El P, Gord has effectively put up income tax. Firstly if you consider NI as "income tax" (I do) then he has removed the upper limit. He has also not moved the 40% bracket up to reflect wage increases - pushing, if some sources are to be believed, upwards of 1 million people into this bracket. Therefore a whole bunch of people who should be paying the lower rates are now paying not 40%, but effectively 41% tax on a portion of their earnings.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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