Friday 13 September 2024

#UK heading for disaster - both economically and socially.

I have just been on my early morning bike ride. Thinking time. Exasperation. Laugh or cry.

I do not have much time so I am going to rattle off this statement of the obvious.

A prime objective for any government is to encourage and motivate its citizens to do the right thing.

In simple terms the right thing is :

Uphold the rule of law.

Almost the first thing the Starmer led new Labour Government did was let prisoners out early.

They also rushed through asylum applications and 95% of illegal immigrant applications were subsequently successful. Illegal migrants have won and the message it sends - come on over !

Work to support self and your family. 

Work must pay. However high taxes are a disincentive to work. What is the point of working hard only to get taxed to the hilt? Also the black market flourishes. People want to be paid in cash. Tax revenues fall.

If the Welfare safety net is too high people can rely on it instead of working. This is exactly what is happening. Not working has become a lifestyle choice. The hardworking increasingly feel they are mugs to be laboring to pay for others to sit around and do nothing. A disincentive to work.

Provide for your old age

Starmers government are now after your hard earned pension pot so they can use what you have earned and saved to give to someone else who hasn't. So what is the point of saving you might ask ? They are going to take it off me. I might as well blow it and have a jolly and live off the state like everyone else. Not a very healthy mindset for a nation.

Pay fair taxes to pay for descent public services and infrastructure.

Rachel Reeves is sat there thinking of every possible thing she can tax you on. At the same time there is a feeling the taxes rises are not being spent on the things that matter to ordinary hard working people. (removing the winter fuel allowance for pensioners is an incredible decision). Billions are being spent on migrants. Our infrastructure is broken because of uncontrolled population growth. The NHS is broken because of increased demand. We can never build enough houses. But it continues. Hard earned taxes are being flittered away. What message does it send to working people ? Why bother ?

In a similar way government need to encourage business, entrepreneurship, research and investment because they provide the jobs and the tax revenues to keep public services going.

The world is a global village. Why set up businesses in the UK if corporate taxes are high - red tape is out of control - employee and union power is increasing. Where is the incentive to do business in the UK ?

Why would a budding entrepreneur start a business - put everything on the line - only to be taxed to the hilt. 

Increasingly they won't. The socialist government are not focused on creating wealth - all they are focused on is spending it.

As far as I can see the Starmer government is doing the exact opposite of what needs to be done. They are demotivating people to be good citizens, to pay fair taxes, to work hard for the future of self and family - to not be a burden on the state. They are not going to increase business activity - their policies are in effect anti business. They is no chance of growth in GDP in real terms and particularly no chance of per capita growth. The UK is heading for the rocks. There will be increasing unemployment and business failures. The welfare state bill will continue to grow and we will have damaging inflation as the UK is perceived as a basket case and a risk to investors. It has happened before and that is sadly where it is heading again.

I won't recount the ant and grasshopper fable here - look it up - but the socialist outcome is the grasshopper do not learn from the industrious ants because the socialist government takes it off the ants to give to give to the lazy grasshoppers. In the end the ants decide there is no point - become like the grasshoppers - and the outcome is they all starve in the next winter.

 


 

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