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#992858 - 25th Nov 2015 6:49pm Osborne's autumn statement
chriskay Offline
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Registered: 25th Oct 2007
Posts: 4868
Loc: shropshire
Deafening silence from those who were ranting about cuts to pension credits.

All together now. Thank you, Mr. Osborne.
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#992860 - 25th Nov 2015 6:57pm Re: Osborne's autumn statement [Re: chriskay]
diggingdeeper Offline

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Registered: 9th Jul 2008
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Do you mean cuts to "tax credits", I don't recall any talk of cuts to "pension credit"

I'm still working my way through the statement as both Osbourne's and the government's statements mention the extra expenditure without saying where the money has come from.
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#992896 - 26th Nov 2015 12:01am Re: Osborne's autumn statement [Re: diggingdeeper]
chriskay Offline
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Registered: 25th Oct 2007
Posts: 4868
Loc: shropshire
Yes, DD, tax credits; my error. He claims to have found the money from greater than expected tax revenue, albeit during the lifetime of this parliament. Hope his crystal ball is reliable.
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#992902 - 26th Nov 2015 3:16am Re: Osborne's autumn statement [Re: chriskay]
diggingdeeper Offline

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Registered: 9th Jul 2008
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Loc: Birkenhead
Yes, an additional £27bn is a little different from the tax revenue predictions from just two weeks ago - amazing what can happen in a fortnight that changes the whole financial outlook for the next four years.

A few sneaky things he didn't declare in parliament, like cutting money to parliamentary opposition parties. I would have loved to have seen the reaction if he had announced that one in the house.

Government debt is still going up and even his optimistic figures state it will go up for another 4 years.

A lot of money borrowed and a lot of cuts = a lot of money disappearing (in a few pockets).
_________________________
In a time of universal deceit - telling the truth is a revolutionary act. George Orwell

When the debate is lost, slander becomes the tool of the loser. Socrates

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#993225 - 28th Nov 2015 4:13pm Re: Osborne's autumn statement [Re: chriskay]
diggingdeeper Offline

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Registered: 9th Jul 2008
Posts: 9805
Loc: Birkenhead
Yet another warning of low GDP growth today .... so a warning before the spending review and a warning after, yet the spending review assumed an unexpected growth in tax receipts???

Osbourne's spending did look like a Gordon Brown special.
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When the debate is lost, slander becomes the tool of the loser. Socrates

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