Spending
Priorities
We are rich
National
government is awash with our taxes.
Now the Chancellor is getting an extra jackpot of over
£22 billion, through an auction of mobile phone
licences.
So, what should we
do with these riches?
There's a lot that needs
extra cash spent.
- A better NHS.
- More police.
- Extra cash for
schools.
- A decent increase in
the pension, instead of the miserly 75p a week.
We could all add many
things.
Government could use money to cut taxes - especially
unfair ones like the council tax. Or it could pay back
more national debt.
In fact, the Chancellor has so much money he could do ALL
the above - and a lot more. But he won't. In fact he
can't. Not all at the same time. The unusual
problem Government has is that it cannot spend all its
available money.
If it did, with unemployment relatively low, inflation
would rise, leading to higher interest rates. The pound
would rise, to become even more uncompetitive. That would
cripple industry and cause huge job losses.
Extra spending and/or tax cuts must be well-planned -
carefully to prevent damage to the economy.
We
must not squander our strong financial position, and that
must mean listening to the taxpayer.
What are your
spending priorities?
Read the full version of this article.
Use the form below to tell me your spending priorities
for Britain.
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spending priorities should be
We are Rich
Full text of Informer article
Gordon
Browns' Budget 2000
* Informer
article
* Impact on Education
* Effect on the Police
* Green issues
Alternative LibDem budget
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