Friday 23 April 2010

£890 billion debt and going North, does not look like the UK is on the road to recovery!


Labour have been totally shite in just about every way imaginable.





I was shocked when Labour got voted in four years ago and it could happen again directly or indirectly.
As I've written before, for most, supporting a political party is like supporting a football team. No matter how badly they play, they are your team and you stick with them. Unfortunately there is no place for blind faith when the future of your country is at stake. Labour are the masters of spin and manipulating statistics and their supporters lap it up and are proud of Labour's achievements, spinning a shiny gloss on what is a dreadful situation, ignoring who got us in it and believing they are best placed to get us out.
£890 billion debt and going North, does not look like the UK is on the road to recovery! Whoever the government becomes they need to:
Cut public services -we simply cannot afford the services and put the people to work in private businesses.
Invest in UK hightech companies for future revenues and progress.
Invest in Greentech companies-future revenues and progress.
Aim to be leaders in the world in green transportation( why do we buy Hitachi trains, when once we were leaders in the world in train engineering?)
Promote manufacturing. (Made in the UK) But will it fill the hole to take on those 1,000,000 young people?
Germany/Japan seem to do very well from high tech manufacturing industries (and retain their technology in their home countries.
UK Plc really needs to take action and aim to be a world leader and not a debt leader.We need to create wealth not borrow it.
Debt is only OK when either money is borrowed for investment that will yield future returns and the payback plan is calculated and measurable or it is for structural improvements that can be paid for by a generally profitable economy.
Our economy will have to become massively more efficient & productive if we are ever going to be able to chisel away at our debt. It will be hard enough just paying the interest.
High infrastructure & labour costs mean that is unlikely when so many other parts of the world are so much more efficient from a cost & tax point of view.
This country is in critical condition and we all need to do our bit which means accepting the good old days are gone, we will be poorer.
Everybody needs to contribute and people on benefits who don't need to be should be made a national disgrace.
And we should buy British whenever possible.
We all have our traditional ties with political parties but now is a time to be clear and objective.
Labour have been totally shite in just about every way imaginable.
Totally incompetent.

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