Quote:
Originally Posted by derekgas
It doesnt matter much who is in power, they have to find the money to reduce the national debt, without being picky, the national debt was derived not from the last few years, but from the selling off of nationalised industries, the council houses and the like, the sale put money in the coffers at the time, but reduced future income whilst propping up a false economy (from the sell off), many people on low income were duped into the belief that buying the council house they lived in would somehow make them better people, only to find that it didnt, and they couldnt afford the mortgages let alone the ill advised improvement loans, so they had negative equity, or were repossessed, who bought those houses on the cheap?? The wealthy! What really needs to happen, is for a party to explain what this mess will cost us, honestly, how long it will take, and where the cuts/tax hikes are being introduced to pay it off.
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Someone else who understands that social housing was a good idea. Locally, we're now left with a raft of Manchester-based companies who couldn't give a toss about Hyndburn.
The new administration in Great Britain seem to think that harsh cuts in front line services and good old fashioned harsh taxation will fix the country in a few short years whereas it is more likely to slide us back into the pit.
Much as I want the new government to work, I suspect that those of us north of the wash will be moving to Far Corfe fairly soon.