- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
The French are right: tear up public debt – most of it is illegitimate anyway
Collapse
X
-
-
Originally posted by BrilloPad View Post
I really would love to know who owns the debt though. But like HMRC, the government will never tell (unless it suits them). -
Every leftie on FB seems to be spouting this drivelSocialism is inseparably interwoven with totalitarianism and the abject worship of the state.
No Socialist Government conducting the entire life and industry of the country could afford to allow free, sharp, or violently-worded expressions of public discontent.Comment
-
Those with any spare money, both here and abroad, are always investing in this foreign country or that according to which are supposed to be the next "tiger" economies. Presumably, if they did know who owns the debt, a lot of it would cancel out.bloggoth
If everything isn't black and white, I say, 'Why the hell not?'
John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson)Comment
-
Originally posted by MicrosoftBob View PostEvery leftie on FB seems to be spouting this drivelComment
-
Every leftie on FB seems to be spouting this drivel
This is plain false. In the past 30 years, from 1978 to 2012 more precisely, French public spending has in fact decreased by two GDP points. What, then, explains the rise in public debt? First, a fall in the tax revenues of the state. Massive tax reductions for the wealthy and big corporations have been carried out since 1980. In line with the neoliberal mantra, the purpose of these reductions was to favour investment and employment. Well, unemployment is at its highest today, whereas tax revenues have decreased by five points of GDP.
Take a wider view. The most successful ever nation, the US, is the most capitalist. The least successful nations, outside of the third world, have been communist. Some, like China and Vietnam, have only started to be more successful when they embraced at least some of our market principles.bloggoth
If everything isn't black and white, I say, 'Why the hell not?'
John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson)Comment
-
Originally posted by BrilloPad View Post
Now what happens when you want to borrow some more money.....No one will lend it to youComment
-
Originally posted by Flashman View PostYeah cancel all the debt.
Now what happens when you want to borrow some more money.....No one will lend it to youComment
-
That's the issue. The people most loudly agitating for the debt to be repealed certainly don't want to. Enter The Lib-dems (*insert French analogue*) and their snake-oil: soak the "rich" and make them pick up the tab (until of course they don't and just leave.) Governments seem to be run on behalf of toddlers, with all the common sense thereof. Not their problem, though. In a few decades (when they know full well they won't be in power), the deficit will be reduced. In the mean time, lets go tax us some contractor scum.Comment
-
Originally posted by tractor View PostOh No! Politicians lied to us...the banks lied to us.....
I really would love to know who owns the debt though. But like HMRC, the government will never tell (unless it suits them).Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment