The party season is almost over – the political party season that is. Vince Cable sadly lost his touch, George Osborne has almost managed to say something sensible, and whatever his name is I can’t remember. I suspect George has secretly been reading Enterprise Britain, as he has started to pay some attention. As usual though he has missed the overall plot, but it’s a start.
We are going into a new state of austerity. Translated this means we have to all tighten our belts and we need a few more government departments to manage the process. A little push on collecting VAT and Paye from Enterprise Britain will resolve this temporary government cash problem.
George has decided to remain quiet on the 50% marginal tax rate, so I suspect we are having a run on some of the most expensive removal companies in the country as hedge funds head for Geneva. Have a great ski season guys – missing you already!
George has decided to cap salaries of public sector employees at £194,000 or something like that (see Cut the Tax Suckers). As I said he missed the overall plot and I wonder how he is going to handle quangos and companies owned by the government – I guess that will be his way of getting around these rules and ensuring his cronies still get the plum jobs.
George is increasing the pension age which is great as his predecessors killed our pensions anyway, so most of us have no choice but to continue working. It is most troubling for the public sector workers of course, and will create an interesting challenge – we need to reduce the number of public sector employees and the ones who remain have to work longer. Help me understand how getting people to work longer helps get our younger people back to work.
So George, I think you have got some nice soundbites. You have the nice headlines. You appear to have read parts of Enterprise Britain. In summary, I do not believe a word of what you are saying but I hope you are successful – somebody has to do something about the mess we are in and that guy whose name I forget certainly isn’t going to do it.
So George, good on you for starting to understand, but you are still missing the major opportunity and that is to support Enterprise Britain. Not a mention of the biggest employer in the country. Not a mention of the biggest voting block in the country. Not a mention of the biggest tax payer in the country. I guess you are saving the good news for the time closer to the elections. I look forward to it.