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George Osborne's Autumn Statement

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Comments


David Lacey 3:02pm Wed 5 Dec 12

After the 2012 budget disaster, this was a much more assured performance by the Chancellor. The OBR report cut the legs off Balls who was clearly expecting much more bad news than he got.
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All in all a well balanced statement with something in it for nearly everyone.

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Jolly Roger 3:22pm Wed 5 Dec 12

Well we have to remember who got us in this mess - NOT this Government but the previous one - so Labour cannot say much however painful it is.

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ajtib3 6:27pm Wed 5 Dec 12

David Lacey wrote…


After the 2012 budget disaster, this was a much more assured performance by the Chancellor. The OBR report cut the legs off Balls who was clearly expecting much more bad news than he got.
.
All in all a well balanced statement with something in it for nearly everyone.

I presume this was meant to be a sarcastic comment!

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bettysenior 8:52pm Wed 5 Dec 12

I can fully understand why the Chancellor’s autumn statement is so dire. Every government since the end of the Second World War has done much of the same and never really backed the people when it comes to national innovation and its exploitation into new industries providing jobs, long-term economic security and meaningful pensions. They haven’t had a clue and the reason where we are today. They may think that they have been doing what intelligent people do, but where they have neglected what creative people should have done, something that they are completely lacking in knowledge and understanding. For successive governments have tried for decades to get the university-business model working without any real meaningful success and where it should have provided 100s of thousands of new technology jobs, if not millions. This should show our politicians that they have got their thinking totally wrong. But does it, I think not. In this respect, for years some people have known that it is going to be a very long haul to get the UK on its economic feet again and where politicians have only lived on ‘hope’ basically for an economic strategy. It is therefore time that all political parties looked at the only way to get Britain economically vibrant again and that is by involving the creative thinking of all our people, not just those who think that they know best and where history has clearly shown that they know very little. For if we do not start thinking in putting the creative infrastructure in place for our future, we simply have not got one. Unfortunately currently there is no-one in any of the main-stream political parties who understands this and why in another ten years time with the same old thinking we shall be at an even lower standard of living than we were some sixty years ago, throughout the war years. Hard to believe, who would have thought that we would be where we are today some ten years ago – I believe very few. For unknown to our politicians we have been in a global economic war now for over a quarter of a century and where with their thinking we have lost economic ground in every one of those years. For our own good therefore let’s start thinking out of the box for once and not from the inside as usual. It is the only way I can tell our political leaders, for everything else has clearly failed us and will continue to do so.

Dr David Hill
Chief Executive
World Innovation Foundation
Huddersfield, United Kingdom – Bern, Switzerland – Arlington, United States of America

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George BA 8:53pm Wed 5 Dec 12

The banking crisis got us in this mess.
If the tories had been in power when northern rock went to the wall they have already said there would have been no bail out, investors, real people, would have lost everything, the same goes for Bank of Scotland, Nat West, Lloyds etc

Listening to Osborne today, I have to ask what all of the cuts over the last two years have achieved, we seem to be in a worse position today,after two years of cuts. God knows what he will do in the future.

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ajtib3 9:37pm Wed 5 Dec 12

George BA wrote…


The banking crisis got us in this mess.
If the tories had been in power when northern rock went to the wall they have already said there would have been no bail out, investors, real people, would have lost everything, the same goes for Bank of Scotland, Nat West, Lloyds etc

Listening to Osborne today, I have to ask what all of the cuts over the last two years have achieved, we seem to be in a worse position today,after two years of cuts. God knows what he will do in the future.

Totally agree George.

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loonyleft 9:11am Thu 6 Dec 12

Th tories used the methods they are using now in the thirties,and eighties,it got the country nowwhere then ,and it will go nowhere now.

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