PC 12: Shadow Budget(s)

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Sir Jack Anderson
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Re: PC 12: Shadow Budget(s)

Post by Sir Jack Anderson »

William Croft's principles are all fair and good, but I won't allow him to use them to destroy this country like the last Conservative government did.We know what happened when the country last time the Conservatives engaged in a programme of unaffordable tax cuts, senseless bonfires of regulation and chased unsustainable growth: we got an economic boom, inflation shot up, that growth disappeared as quickly as it came and we know who suffered. Homeowners suffered as their homes were repossessed, businesses suffered as they shut shop in their hordes and public services shut as cuts were forced on them - and tinkering at them with vague promises of 'reform' did little to rescue them. That is what the Shadow Budget would bring to Britain.

The Conservatives can compare me to Scrooge - but unlike this disastrous Tory government he learned from the past, present and future. I will continue to support public services, businesses and wealth creation with successive investment, and the Conservatives will gamble the economy on more boom and bust so that they can give more and more money to their donors.
Sir Jack Anderson
Labour Party.
Member of Parliament for Southampton Test
Chair of the Treasury Select Committee. (2000-2001)
Chancellor of the Exchequer. (2001-)
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Amelia Lockhart
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Re: PC 12: Shadow Budget(s)

Post by Amelia Lockhart »

The Leader of the Opposition rightly suggests that a budget “is more than a series of spreadsheets, it is an opportunity to send a message about the sort of country we believe that Britain ought to be.” Let’s have a look at what message Mr Croft and the Conservative Party Shadow Budget sends:
  • The Tories will slash the surplus and abandon responsibility with the public finances that will hurt the economy and damage people’s livelihoods;
  • The Tories will not expand the life chances of our youngest by failing to expand childcare, failing to improve our schools and classrooms, and eliminating the Government’s expansion of apprenticeships;
  • The Tories will spend less than the government on defence, including with a refusal to invest in the vital modernisation of Royal Navy assets - diminishing our national security and protection;
  • The Tories will betray trust and break promises on investment in renewable energy, roads, trains, and care.
The Leader of the Opposition is correct. His Shadow Budget sends a message, and it is one that says: he will not be responsible with the nation’s finances, he will not invest in our public services and national security, and he is not to be trusted with the promises he makes.
Amelia Lockhart
Labour Party
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MP for Great Grimsby (1992 - )

Deputy Prime Minister (2001 - )
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Fred Sackville-Bagg
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Re: PC 12: Shadow Budget(s)

Post by Fred Sackville-Bagg »

One of the problems with Labour is that they love spending other people's money - even if they spend it on things that do not work. It isn't their money, so they do not care. They believe that spending money is inherently good - and the more they spend, the better they are as a Government. This can only be financed by taxing the living daylights out of the rich and not allowing those less well off to keep more of their own money. Take New Deal for example. This is a program that does not work. This is a program which does not offer value for money. We are proposing real reform, that gets results, and by getting the results - in this instance reducing unemployment - this leads to less money needed on benefits, more people in work paying taxes - which can, in the future be lowered again because we won't need to spend as much.
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Re: PC 12: Shadow Budget(s)

Post by Fred Sackville-Bagg »

Labour cannot understand basic facts. They can't understand that lowering taxes is possible and affordable because they need your money and they want it. They cannot understand that a Labour party who has historically opposed the right to buy scheme and a party that now hikes up stamp duty are reasons as to why people will end up not affording their own homes. To put it plainly Labour support perverts over property owners.
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Re: PC 12: Shadow Budget(s)

Post by Amelia Lockhart »

The Liberal Democrats can say what they want but they aren’t the party of new mums, parents or children when it comes to social security. Under Rebecca Flair and the Liberal Democrats, a million working and low paid families would receive nearly £360 a year less, new mums claiming statutory maternity pay would be over £1,000 a year worse off, and the 13 million parents who receive child benefit would be £50 a year worse off. Or take pensioners: they will receive less under the Liberal Democrat’s, especially those reliant on the second state pension who will be over £50 a year worse off. They’ve failed to grasp how to tackle child and pensioner poverty in a targeted and prudent fashion, preferring instead to waste our surplus. Rebecca Flair may have tried to hide dodgy sums with her budget; it’s a shame she didn’t try to hide her wrong approach to the British public.
Amelia Lockhart
Labour Party
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MP for Great Grimsby (1992 - )

Deputy Prime Minister (2001 - )
Secretary of State for Business, Transport and Social Mobility (2001 - )


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Rebecca Flair
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Re: PC 12: Shadow Budget(s)

Post by Rebecca Flair »

I must say that I disagree profusely with the comments made by the Deputy Prime Minister, not least because the plans outlined by the Liberal Democrats will see major tax cuts delivered for the vast majority of the country. A million low paid families would be nearly £1,000 better off from our tax cuts, dwarfing the £360/yr welfare boost that the Government have proposed relative to us. 13 million parents will be between £500 and £1,000 per household better off from our tax cuts again dwarfing the £50/yr proposed by Labour. Finally those on the State Second Pension will benefit enormously from our VAT reduction of 2.5%, making their pensions go 2.5% further every year, a tax cut worth £114.61/yr for any pensioner on State and State Second Pension, over double Labour's increase to the that benefit. Labour run the real risk of creating a nation of dependency, where everyone is reliant on the State to fund their lives, the Liberal Democrats are creating a nation of independence and freedom with our targeted investments and our generous tax cuts.
Rebecca Flair
MP for Westmorland and Lonsdale 2010 - Present

Leader of the Liberal Democrats 2015 - Present
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Sir Jack Anderson
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Re: PC 12: Shadow Budget(s)

Post by Sir Jack Anderson »

It would be foolish of me to pretend that the Conservatives and Liberal Democrats didn't differ on many key policies, but their offering is tied together by one core principle: irresponsibility and boom and bust.

The Conservative Party wants to engage in a programme of uncosted tax cuts, and the Liberal Democrats want to engage in a programme of uncosted tax hikes alongside sums of massive spending - an irresponsible course to take while our economy is growing healthily. Both their proposals would lead to more inflation, perpetuating a cycle of boom and bust and we will have less fiscal headway to deal with the oncoming recession both would bring about.

Labour's budget isn't just about investing this year: it's ensuring we can invest in the years ahead. I will not be shamed for holding that responsibility close to my heart, or for not caving in to a shopping list of short term demands we can't afford to win good headlines.
Sir Jack Anderson
Labour Party.
Member of Parliament for Southampton Test
Chair of the Treasury Select Committee. (2000-2001)
Chancellor of the Exchequer. (2001-)
First Secretary of State. (2001-)
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Re: PC 12: Shadow Budget(s)

Post by Rebecca Flair »

The Chancellor accuse the Liberal Democrats of hiking taxes, yet it is the Government who raise taxes the highest out of any of the three main parties, so let's run the numbers and see whose budget cuts taxes for the people. Under Labour you will pay tax on any penny you earn over £4,000, that tax rats is 20% on every penny you earn over £5,000, and 32% on any penny you earn over £6,000. Under Lib Dem tax plans you pay 0% on any income under £6,000, a tax cut for everyone. Under Labour the price of your goods in the shop is raised by 17.5% because the taxman wants to take another slither of your income, in effect raising the tax paid (when you take income and purchase into account) to nearly 50%, under Lib Dem plans that tax is cut to 15%, a tax cut for the whole nation. The Liberal Democrats have taken less than half of the surplus and invested it in meaningful tax cuts for the vast majority of people in this country, Labour can preach responsibility all they want but all it means is that they want to keep taxing you "for your own good".
Rebecca Flair
MP for Westmorland and Lonsdale 2010 - Present

Leader of the Liberal Democrats 2015 - Present
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Re: PC 12: Shadow Budget(s)

Post by Rebecca Flair »

If you are ever in any doubt as to how much contempt the Conservative Party holds for the British people then know this, the Shadow Budget they have proposed this year breaks 16 of Calamity Croft's promises from his leadership election platform to promises made last week on the television. A year after the worst flooding in Britain for over half a century the Conservatives have broken their pledge to invest in flood defences, after decrying Labour's poor performance in education and healthcare they have copied Labour's investment plan for education and healthcare, and while students flounder under the weight of tuition fees the Conservative Party u-turned on their desire to abolish them. The Conservative Party's Shadow Budget is a document filled with failure, u-turns, and a distinct sense of entitlement, it's time for the public to reject this farce.
Rebecca Flair
MP for Westmorland and Lonsdale 2010 - Present

Leader of the Liberal Democrats 2015 - Present
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Astrid Goldman
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Re: PC 12: Shadow Budget(s)

Post by Astrid Goldman »

Te Opposition have criticised the Government for maintaining a reasonably substantive surplus because, in their view, money should be spent or dished out in tax cuts. That alone demonstrates their separation from the reality facing many working families and families just getting by today. Contrary to the myths about the economy being akin to a housewife's budget the Tories have spread for the last thirty years, this Government is economically literate enough so as to know that a substantive surplus is not simply money sitting in the coffers. It is insurance. It is insurance for the homeowners that the Government can protect their assets, it's insurance for the businesses that the Government can continue to protect and sustain growth, and it is insurance for tax payers that their money isn't going to be blown on debt relief or a one-time tax-cut treat, but on securing their jobs, keeping interest rates stable and strategically investing in our public services, this year and next.

The Liberals' panic-spending and the Tories' quick-fix-tax-slashes aren't coherent policies that ensure sustainable change in our economy. Only a cautious, strategic set of investments to improve public services, be prudent with the public purse and protecting our long-term economic course can weather the winds of global recession and keep the British economy steady.
Astrid Goldman, Lady Goldman MP
Labour Party| Member for Pontefract and Castleford
Secretary of State for Education and Children 2001-present
Previously: MoS for Schools 1998-2001
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