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Unemployment has continued to fall in Britain, while wage growth outpaced inflation

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    thorrthorr Posts: 2,153
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    Maybe when you stop being a student and try paying bills such as Council Tax you might find things a little less rosy...

    How much did council tax go up under labour, and how much has it gone up under the coalition.
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    tiger2000tiger2000 Posts: 8,541
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    thorr wrote: »
    How much did council tax go up under labour, and how much has it gone up under the coalition.
    The Tories clawed it back with their 33% Rise in VAT during their first year in Power.


    http://www.lavat.co.uk/vat-calculator


    As for the Council Tax, massive cuts in spending on Social Services, Libraries, Road Repairs and other essential services are the result of more Tory Mismanagement of the economy in favour of the usual tax dodging suspects,
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    PrestonAlPrestonAl Posts: 10,342
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    Maybe when you stop being a student and try paying bills such as Council Tax you might find things a little less rosy...

    I'm not a student tho. So that puts pay to that. Perhaps when you stop sponging off the state, you will feel better off?
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    LostFoolLostFool Posts: 90,662
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    tiger2000 wrote: »
    The Tories clawed it back with their 33% Rise in VAT during their first year in Power.


    http://www.lavat.co.uk/vat-calculator


    As for the Council Tax, massive cuts in spending on Social Services, Libraries, Road Repairs and other essential services are the result of more Tory Mismanagement of the economy in favour of the usual tax dodging suspects,

    So you are against one tax being put up while also being against another tax being frozen. How is that consistent?

    At least VAT mostly only affects discretionary spending (there's none on rent/mortgages, groceries and only 5% on domestic fuel). There's no avoiding council tax.
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    LandisLandis Posts: 14,859
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    PrestonAl wrote: »
    must say with fuel prices low, mortgage low I've never had it so good.

    Of course for millions on very low pay, those 2 things will not apply and will not influence their vote.
    What Car? is not just the name of a monthly magazine.

    If wages are to get a little closer to 2010 levels, there is no time to waste. It takes time for a pay rise to filter through to a monthly pay cheque. We are almost in March so I reckon the Tories have a window which amounts to a few weeks......
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    tim59tim59 Posts: 47,188
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    PrestonAl wrote: »
    I'm not a student tho. So that puts pay to that. Perhaps when you stop sponging off the state, you will feel better off?

    Sorry but lower fuel prices are nothing to do with the tory party and saying petrol prices have started to increse again , millions of working people are not sponging off the state you could say buisness and big corprates are the real spongers as they are the ones in control of wages not the workers. There are now working people needing state aid in the forms of means tested benefits than out unempolyed people . The balance that used to be there is gone
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    SpotSpot Posts: 25,126
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    tiger2000 wrote: »
    The Tories clawed it back with their 33% Rise in VAT during their first year in Power.


    How do you work that out?

    A rise from 17.5% to 20% - the only one there has been under the present coalition government - is a little under 14.3%
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    Richard1960Richard1960 Posts: 20,344
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    Its great to hear my pay freeze outpaced inflation.;-)
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    PrestonAlPrestonAl Posts: 10,342
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    Landis wrote: »
    Of course for millions on very low pay, those 2 things will not apply and will not influence their vote.
    What Car? is not just the name of a monthly magazine.

    If wages are to get a little closer to 2010 levels, there is no time to waste. It takes time for a pay rise to filter through to a monthly pay cheque. We are almost in March so I reckon the Tories have a window which amounts to a few weeks......

    We were in the middle of the worst global recession in living memory. WE've come out of it pretty unscaved with an economy that seems to be firing on all cylinders. Given the awful condition of the Eurozone on our borders we're lucky we had the coalition in power, rather than Labour.

    So, low inflation, low interest rates, wages going up and fuel low is great news. Add in the fantastic news on jobs and the £10K tax threashold, everyone is feeling it.
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    rjb101rjb101 Posts: 2,689
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    After 4 and a half years years of going backwards, we're all supposed to get exciting about inching forwards for a brief period?

    I'm sorry, but mostly this is due to the oil price falling, and nothing to do with anything the government have done.

    But what do people expect the Government to do :confused: can Goverments "Do" anything.
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    tim59tim59 Posts: 47,188
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    PrestonAl wrote: »
    We were in the middle of the worst global recession in living memory. WE've come out of it pretty unscaved with an economy that seems to be firing on all cylinders. Given the awful condition of the Eurozone on our borders we're lucky we had the coalition in power, rather than Labour.

    So, low inflation, low interest rates, wages going up and fuel low is great news. Add in the fantastic news on jobs and the £10K tax threashold, everyone is feeling it.

    But they are not feeling they are better off. Not so well done, Source: YouGov/Cebr HEAT data, January 2015 (three-month rolling average)

    Stephen Harmston, Head of YouGov Reports: ‘It is quite a bleak picture. Consumer confidence has dropped away from its highpoint of last spring and summer as the housing market stutters and household finances are too stretched to pick up the slack and generate optimism. Despite talk of the recovery gaining ground, consumer confidence is stuck at similar levels as this time last year. At the root of this is that household finances are not felt to be improving, with around twice as many people in each British region saying they are getting worse off as are getting better off. The fall in energy prices has not fed through to consumers and they still don’t feel the recovery in their wallets, and this is as true of people in London as those in Liverpool or Lanarkshire. https://www.google.co.uk/url?sa=t&rc...86475890,d.d24 So twice as many people saying they are getting WORSE OFF as are getting better off
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    tiger2000tiger2000 Posts: 8,541
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    PrestonAl wrote: »
    ...low inflation, low interest rates, wages going up and fuel low is great news. Add in the fantastic news on jobs and the £10K tax threashold, everyone is feeling it.

    You claims for The Government would be laughable if it was not for the abject misery they have inflicted on millions of Britons thru their Slash and Burn policies.

    - The Inflation Rate has absolutely nothing to due with government policy, its caused by a combination of the drop in World Oil and World Food Prices.

    - Again Interest Rates would have been around the same levels whoever was in power.

    - Wages are still virtually stagnant for the majority.

    - The fuel price again has zero to do with Tory Policy.

    - As for Unemployment, even if you believe the multiple time massaged figures, most of the jobs are either Low Paid, Zero Hour and the new con 'Self Employed' people who actually work for big companies.

    - The 10K Tax Threshold, yet another Tory Con, the majority who have "benefited" form this have seen an almost penny for penny drop in their Tax Credits. Plus for the very low paid The Minimum Wage has been left to stagnate with any rises far below inflation, it should now be around £7.50if it had kept pace.

    One bright thought about the mess they have created, we only have another 77 days to suffer their smug spokesmen telling us how well off we are before they are thrown out.
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    tiger2000tiger2000 Posts: 8,541
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    LostFool wrote: »
    At least VAT mostly only affects discretionary spending (there's none on rent/mortgages, groceries and only 5% on domestic fuel). There's no avoiding council tax.
    VAT affects the poor and those on low and fixed incomes disproportionately. Council Tax has built in safeguards for those on Low Income or with No jobs.
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    LostFoolLostFool Posts: 90,662
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    tiger2000 wrote: »
    You claims for The Government would be laughable if it was not for the abject misery they have inflicted on millions of Britons thru their Slash and Burn policies.

    If you think this is "misery" you should take a look at Greece, Spain or Portugal.

    They may have better weather than we do but there is nothing about their economies that you would want to swap.
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    gummy mummygummy mummy Posts: 26,600
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    Could it be that workers returning to work after being laid off by their employers during the economic crisis we have just been through has something to do with the fall in unemployment ?
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    SULLASULLA Posts: 149,789
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    tiger2000 wrote: »
    Such a good job he'll be out of office on May 8th.

    It would be sad to elect Labour, the same people who got us the biggest mess ever.
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    LostFoolLostFool Posts: 90,662
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    Could it be that workers returning to work after being laid off by their employers during the economic crisis we have just been through has something to do with the fall in unemployment ?

    That's certainly a big part of the story and welcome one but there are also falls in long term unemployment and those who have never worked. Even youth unemployment is significantly down from last year's level (data here: http://www.parliament.uk/briefing-papers/SN05871.pdf)

    Yes, many of these "new" jobs are relatively low paid but that is always going to happen when people return to the workforce after a long period of unemployment. You aren't just going to walk in to a well paid job and employers are able to keep pay down as there are no shortage of applicants for every position.

    It is true that income tax receipts are below what is expected. That may be bad for the Treasury but if people are in work do they really care about the government's balance sheet? There's an interesting analysis in the Telegraph here (http://www.telegraph.co.uk/finance/11423451/Will-the-economy-win-the-Tories-this-election.html) about whether the improving economy will win the election.
    Which matters most – the good news of jobs or the bad of tax receipts? The answer is that voters care a lot less about the deficit than they do about wages, prices and their future prospects. So while we may still not like Mr Osborne very much, the economic and political tide is flowing his way.
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    gummy mummygummy mummy Posts: 26,600
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    SULLA wrote: »
    It would be sad to elect Labour, the same people who got us the biggest mess ever.

    That's the trouble the GBP obviously have short memories, if they had good memories they would have remembered that it was mass unemployment in the 1980's that had a huge impact on the welfare bill in the first place, and they would not have given the Tories the chance to get back in to Government.

    Yes I know this time unemployment is falling but how long has it taken, and at what cost?
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    tiger2000tiger2000 Posts: 8,541
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    SULLA wrote: »
    It would be sad to elect Labour, the same people who got us the biggest mess ever.
    ...and it would be even worse if The Tories got back in, 'The Party of Neglect' - Every time they are in power, they just leave everything to rot through a lack of investment in building, infrastructure, training and maintenance. Just look at the state of our Public housing, roads, military equipment, school buildings, hospitals in 1997 after almost 20 years of Tory Cutbacks. Of course every time an election came along they slightly increased spending, only to slash it again as soon as they were re elected. It took Labour almost their entire 1997-2010 to fix the problems created by the Thatcher/Major Administrations.
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    LostFoolLostFool Posts: 90,662
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    That's the trouble the GBP obviously have short memories, if they had good memories they would have remembered that it was mass unemployment in the 1980's that had a huge impact on the welfare bill in the first place, and they would not have given the Tories the chance to get back in to Government.

    How long memories do you want people to have? If they were to think back longer then they would recall the economic crises under Labour of the late 70s.
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    gummy mummygummy mummy Posts: 26,600
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    LostFool wrote: »
    How long memories do you want people to have? If they were to think back longer then they would recall the economic crises under Labour of the late 70s.

    Not that long.

    A lot of voters nowadays only really know Thatcher, Major, Blair, Brown and Cameron as PM's and some only know Blair, Brown and Cameron so I doubt they could go back to the 70's.


    What do you think it will be like if Cameron( with or without the Lib Dems) is still in power after the GE. There's bound to be another economic crises some time in the future, maybe even another global one, how far will people go back then ?
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    TassiumTassium Posts: 31,639
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    The greatest economic damage has been done by the Conservative party. Since 1979 the Conservatives have been vulture capitalists. Short-term spivs.

    Have Labour been brilliant then? Of course not, they have been very poor.

    This is the choice before us, dumb and dumber. The political class are just no good at economics and getting things going.
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    MajlisMajlis Posts: 31,362
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    What do you think it will be like if Cameron( with or without the Lib Dems) is still in power after the GE.

    why would it be any different to what it is now? :confused:

    There's bound to be another economic crises some time in the future, maybe even another global one, how far will people go back then ?

    Of course there will be another crisis - thats how modern economics works, only fools like Gordon Brown thought otherwise.
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    SpotSpot Posts: 25,126
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    tiger2000 wrote: »
    ...and it would be even worse if The Tories got back in, 'The Party of Neglect' - Every time they are in power, they just leave everything to rot through a lack of investment in building, infrastructure, training and maintenance. Just look at the state of our Public housing, roads, military equipment, school buildings, hospitals in 1997 after almost 20 years of Tory Cutbacks. Of course every time an election came along they slightly increased spending, only to slash it again as soon as they were re elected. It took Labour almost their entire 1997-2010 to fix the problems created by the Thatcher/Major Administrations.

    It really would be interesting to get your view on how Labour 'fixed' the problem of housing between 1997 and 2010.

    And I'm still curious as to how you work out that a rise in VAT from 17.5% to 20% is an increase of 33%. :confused:
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    TelevisionUserTelevisionUser Posts: 41,417
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    Didn't see this mentioned in the forum:



    http://www.bbc.co.uk/news/business-31515556

    Good news for the country but not good news for Labour.

    On the BBC News Channel at the moment "pretty much every piece of news on the economy is good news"

    When will you understand that:

    a) posting stuff like this on this forum is unlikely to convert anyone's views;
    b) Osborne's ideological obsession with austerity means that very many people still just aren't in the feel good mood and the mild upturn has come far too late in the electoral cycle (a by-product of Osborne's austerity) to do the Conservatives any good.
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