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View Poll Results: What should be done about the huge deficits and debt?
Raise taxes 4 80.00%
Raise taxes
4 80.00%
Cut spending 0 0%
Cut spending
0 0%
Nothing. Just keep borrowing money that we will (wink, wink) pay off some day 0 0%
Nothing. Just keep borrowing money that we will (wink, wink) pay off some day
0 0%
Crank out the printing presses and just make the money out of thin air 0 0%
Crank out the printing presses and just make the money out of thin air
0 0%
Default on the debt and have a fresh start 1 20.00%
Default on the debt and have a fresh start
1 20.00%
Voters: 5. You may not vote on this poll

 
 
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Old 05-07-2011, 08:12 PM #6
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BB_Eye BB_Eye is offline
Nothing in excess
 
Join Date: Sep 2008
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Posts: 7,496
BB_Eye BB_Eye is offline
Nothing in excess
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Join Date: Sep 2008
Location: Here
Posts: 7,496
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Raising corporate tax rates, income tax rates and inheritance tax rates to Wilson era levels and introducing a 100% bonus tax would have been a very good start given that it would all come down hard on the very people that got us into this shambles in the first place. The banks, the financial sector and the upper middle-classes overwhelmingly responsible for overextending their credit during the housing bubble. If that doesn't give you a government surplus, I don't know what will.

Then reduce government expenditure not by cutting frontline services, but by radically cutting down the number of administrators in the NHS, abolishing PFI's (the coalition government has has increased them), capping local authority wages, closing Foundation Hospitals and private care services and bringing them back under direct NHS control and renationalising the railways (government spending on rail transport has paradoxically doubled since they were privatised).
__________________
No matter that they act like senile 12-year-olds on the Today programme website - smoking illegal fags to look tough and cool. No matter that Amis coins truly abominable terms like 'the age of horrorism' and when criticised tells people to 'fuck off'. Surely we all chuckle at the strenuous ennui of his salon drawl. Didn't he once accidentally sneer his face off?
- Chris Morris - The Absurd World of Martin Amis

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