Wednesday, 12 October 2011

Cynicism and Slovakia

With unemployment up horrifically and youth unemployment up to an even greater extent those without jobs must be as miserable as hell. Despite Miliband trying to pin the blame on the government everyone knows that if the last government had behaved with any sense and decency we would not be in the dreadful state we're in. Miliband is though right to question whether we are doing the right thing to solve the problems Labour caused. Osborne will have to look at taxes and regulations when preparing his Autumn Statement, including regulations imposed on us by the EU. It is time to reclaim our own country to get out of this mess which the EU will make worse if the proposed increase in the EU budget goes through. Taxes must be reduced to ensure we are all left with more in our pockets so that we can buy more and thereby improve the profits of the producers, encourage them to take on more staff and result in   more revenue for the government coffers. Increased revenues with a significant reduction in government spending will bring the deficit and debt levels down to manageable proportions. We especially need to get on with this in order to survive the euro crisis which is going to affect us all. We must not pay any more for bail outs whether to the EU or the IMF and if the stupid Germans, French and the rest wish to persist with the euro then we must insist that the Germans pay for it. There is nothing fair about insisting that the PIIGS bear all the pain when Germany was very glad to be in a monetary union with them thus enabling German exports to boom by selling its goods at a cheaper price in euros rather than at the more expensive deutschemark price. Slovakia seems to be the only country in the eurozone with not only the sense to see how the euro has failed and needs to be reformed but to have the guts to vote against the EU machine. Its vote will though be reversed as one of the coalition parties, having achieved its goal of a new general election, will now vote in favour of the bail out when the question is put again in a day or so. Such is politics. Cynicism is the politest way of describing it.    

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