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Tag Archives: George Osborne

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The Tories are finished

30 Monday Sep 2013

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Coalition, Conservative Party Conference 2013, Conservatives, david cameron, George Osborne, Labour, News, Politics 💼 🗳 🪖, UK

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Posted by The Template News, Current Affairs and Sport Website | Filed under Analysis 🙌, Comment, Politics 💼 🗳 🪖, UK

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Cutting Child Benefit to the Wealthiest

23 Friday Mar 2012

Posted by The Template News, Current Affairs and Sport Website in Analysis 🙌, Breaking News 📺 🎙🗞, Comment, Financial 💷 💲 🏦, Politics 💼 🗳 🪖, Social Affairs

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Child Benefit, George Osborne

This Budget has made one huge mistake – perhaps not in financial terms, for the wealthiest can easily afford this cut, and definitely not politically for a country that is undergoing such a severe recession will welcome the rich losing a bit of money, but certainly morally.

All children born in this country are future citizens, and should thus be treated in the same way, irrespective of the wealth of their parents they are born into.

Child Benefit signalled – if only symbolically – that this country had a stake in every child born, a principle which is no longer there.

(Child Benefit will be reduced incrementally when someone in a household earns more £50, 000 – and at £60, 000 it will be removed completely, source The Financial Times, 22-3-12)

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The Autumn Audit, 2011

30 Wednesday Nov 2011

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Austerity, austerity measures, Britain and austerity, Child, Child poverty, Children, Coalition, david cameron, Distant Echoes, Financial 💷 💲 🏦, George Osborne, Lib Dems, Nayab Chohan, NayabChohan, NayabChohanLIVE, Politics 💼 🗳 🪖, Template News, UK, UK Economy, UK Recession

Staring into the abyss.. 

This country will face five more years of cut backs – otherwise known as austerity. It will mean that when the coalition government runs for re-election in 2015, they will do so with the promise that there will two more years of “tough choices” before the deficit will be eliminated.

During this time, the axe will fall on 700, 000 public sector jobs, so taking the number of jobless past the three million mark – already over one million of our young people have little prospect of finding a job in the current challenging climate.

Last night, Danny Alexander, chief secretary to the Treasury, informed Newsnight that the Lib Dems were right behind the plan for more cuts.

The opposition says the cuts are too fast.

They are right – the social consequences of the planned austerity measures are horrendous, which is something that the young, well heeled George Osbourne does not seemed to factored into his equations.

However, the two Eds need to come up with ideas as to how propel the economy foward – now is not the time for political point scoring or in fighting, hopefully Labour has learned its lesson from the last time there was a prolonged period of Conservative government, then first Tony Benn and then an overconfident Neil Kinnock ensured three terms of Thatcher, which was followed by John Major.

Arguably the cost to our children will be much worse if David Cameron and George Osbourne are allowed to continue.

According to the Joseph Rowntree Foundation, opportunities for those born into modest incomes have been on the slide since 1970.

One can imagine what they will like on May 7, 2015.

Posted by The Template News, Current Affairs and Sport Website | Filed under Analysis 🙌, Breaking News 📺 🎙🗞, Comment, Financial 💷 💲 🏦, Politics 💼 🗳 🪖, UK

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The British Economy

31 Monday Oct 2011

Posted by The Template News, Current Affairs and Sport Website in Analysis 🙌, Breaking News 📺 🎙🗞, Comment, Financial 💷 💲 🏦, Politics 💼 🗳 🪖, UK

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Austerity, david cameron, Distant Echoes, Economy, George Osborne, Nayab Chohan, NayabChohan, NayabChohanLIVE, Politics 💼 🗳 🪖, Template News, UK, UK Economy, UK Recession

So finally the Chancellor of the Excequer is going to admit what we all have known from the moment he announced his plan to cut the deficit within the lifetime of this parliament, namely that his ill thought out scheme is unrealistic and could yet cause long term damage to the economic health of this country.

If as the Business Secretary claims we are in the midst of an economic equivalent of a war, then perhaps David Cameron and the rest of his well -heeled Notting Hill Set should take a close look at the health of the troops that are the citizens of the country.

Throwing large numbers of people onthe scrapheep will not achieve a recovery – I know economists will not tell you that, they are too busy with the figures to look at the social cost of their theories, however any recovery must be based on a workforce being given a chance to be productive.

There’s no other way – money printing is a short term solution, which only result in a rise in the price of Gold, as savers scramble to protect themselves.

Infrastructure projects will create work, there are again so did public sector jobs in the north of England.

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Throwing stones at China 🇨🇳

28 Tuesday Jun 2011

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Boxer Rebellion, China 🇨🇳, david cameron, Distant Echoes, George Osborne, Human Rights, Nayab Chohan, NayabChohan, NayabChohanLIVE, Politics 💼 🗳 🪖, Template News, UK, USA 🇺🇸

ANALYSIS – The year is 1900, and a major rebellion is underway in the major provinces of China. The young men who are in revolt are objecting to the West ‘taking over’ their country. They attack all symbols as they see it of all this western intrusion, including railways. The Boxer rebellion is put down by an international force that includes Great Britain, France, Italy and the emerging nations of Japan, the United States of America and Germany. It would take China more than eighty years to emerge from the weight of unfair treaties and capitulations that the European nations had demanded from her, in what they called the open door. Today, China has become a superpower, a serious rival to America for global leadership, so serious that Obama has identified himself as his country’s first ‘Pacific’ President, who may also be the last to take Europe seriously. So, Wen Jiabao’s visit to London yesterday should have been a wonderful opportunity for David Cameron to foster a closer relationship with this economic powerhouse, given this country’s current predicament. Instead, we had the now customary spectacle of the Chinese Premier being lectured in front of the press on human rights by the man currently in the middle of a questionable war in Libya.

China’s human rights record in Tibet and Kashgar, as well as her attitude to freedom of expression are well documented and are rightly highlighted. However, those who lecture should also take a long hard at themselves – China emerged as a superpower after a horrendous period in her history which some of the nations who came to put down the Boxer rebellion had a hand in creating.

If China has moved on from that time, then perhaps so should Great Britain, who should also stop treating a former colony as a developing economy and take a leaf from the United States of America.If a report in The Financial Times is to be believed, Britain has lost its standing in China’s view, rating below Germany, France, Italy and Spain.  Hopefully, Wen Jiabao and the Chinese leadership will settle down to the line of thinking that a large number of us over here share, that Cameron does not know what he is doing, and that perhaps more disturbingly, he has appointed a Chancellor who is completely clueless.

Posted by The Template News, Current Affairs and Sport Website | Filed under Analysis 🙌, Asia 🌐, Breaking News 📺 🎙🗞, China 🇨🇳, Comment, Europe 🇪🇺, Financial 💷 💲 🏦, Germany 🇩🇪, International News, Politics 💼 🗳 🪖, USA 🇺🇸

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