Originally posted by Signals
reply to post by Hefficide
It doesn't make any sense to raise taxes on those who create jobs...
No one wants to address the real issue =
SPENDING., welfare and food stamps are out of control.
This is not a revenue issue, it's a spending issue. Liberals are pushing their same old agenda = Tax & Spend.
The problem with Socialism is that eventually you run out of other people's money. - Margaret Thatcher
I'm only replying to this because you're quoting Thatcher. Unfortunately, for Britain, Thatcher was the problem. Britain's welfare bill is
Firstly, a massive chunk of the welfare bill is on 'housing benefit'. Thatcher basically kicked started a housing bubble that is making housing
unaffordable for most people. The massive house building programme after WWII was ostensibly council housing. It solved three problems: created
employment and rebuilt lots of bombed towns which had often been run down houses built in the 1800s. Thatcher thought it was a good idea to convince
the working classes to buy these council properties. Of course they couldn't actually afford them at market rates, even then, so she sold them off at
knock down prices. Sounds good so far? The string was that the local councils couldn't build any new houses to replace the ones bought as she wanted
the private market to do the building. Which meant that ever since, there's been less and less council (now 'social') housing available.
During the early and mid 1990s, (the Tories are still in at this point) the credit bubble appeared. This hid the council/social housing problem by
allowing people who really couldn't afford to buy private housing any other way (and don't forget, there's a shortage of council/social rentings at
this point) to buy privately built housing through crazy credit schemes. Lot's of greedy people suddenly awoke to this housing problem and the 'buy
to let' mini-landlord bubble started - encouraged by wall-to-wall television programmes encouraging the already comfortable to get even more
comfortable by exploiting the housing crisis of low earners.
By 2012 we're in the situation where more people in work are now claiming housing benefit because they can't afford private rents or even social
landlord rents (as most social housing is now run by social housing authorities). Worse still, the current Tory-lead government has decided to pitch
all social housing rents at 80% the private rent market, which is artificially driving up the rental cost of these kinds of properties. The only
people gaining here are landlords - incidentally, many politicians have property portfolios.
Another conservative scheme that Thatcher was keen on was the privatisation of 'national' utilities. Basically she helped sell off our previously
state-owned gas energy, electricity, telecommunications, water and railway. We were told that market competition would drive our bills down and that
costly future reinvestments/maintenance would be borne by the private firms. The opposite actually happened and, in the case of the railways, the
state/taxpayer are spending more money propping-up private railway companies (who keep massive profits - we have some of the most expensive railway
fares in the world) than we did when they were state run. Fuel poverty is a serious issue now in this country. These sell offs were useful for
Thatcher at the time though as, typically, Tories like to sell off the family silver for when they get their budget sums wrong. The current government
have just sold our TV/radio frequencies for the 4G mobile network in a similar kind of deal.
Because the cost of all these essentials (water, gas, electric) has rocketed, just like housing benefit above, this has to be reflected in the welfare
benefits or people would be living in shanty towns in a country known for its cold and rain.
In the meantime, like America, but possibly more so, we've seen all our manufacturing go abroad, all our IT, lots of call centres, lots of
administrative work and the like all just disappear. All the traditional lower income and working class jobs have just vanished in 30 years and much
of it beginning under Thatcher. What jobs are left for these people are so poorly paid now, that their incomes are so low that they have to be
topped-up by 'working tax credits': another part of the welfare bill.
If short-term greed and profit wasn't such an issue for Thatcher and her big business friends, there would still be proper jobs for people to
actually do instead of claim benefit and affordable housing to live in.