
Silent pause.... Right you ready for this? ok Channel 4 had a broadcast of where they had the chancellor and two other shadow chancellors on. They were to be asked whats happening or what will be happening with the debt, tax increases, and global economy. Now from watching the programme long enough before i fell asleep at Mr Darlings Monotone voice, i realised that either constituency's maybe could win the next election. Having said that, it seemed that Mr Osbourne(Conservatives) wanted the goverment to work for the people and use our taxes to better advantage but he let him self down by not explaining where they would find the money to fund other expenditures. Hearing that one chancellor is wanting to look after your taxes to the best of their abilities then one saying that they will rasing it again further and a other just going for who gives the best arguement. lets be honest liberal are just a flock of sheep and gordon brown is the sheep dog.
It really depends on how much you love your country and willing to make it work again and believe the drivle that come out the amigos mouths cause some it must of tasted like vinegar coming out of theirs. No mp would want to lose a cushty we number being the constituency in power so they will say pretty anything you want to hear. Its up to us as a nation of debt payers to try and figure out which one of these "amigos" is sincere. Probably none of them to be honest, but Mr Osbourne did make a few valid points in regards to some of the struggles as citizens do every day by maybe reducing the tax on the poor and stopping a 10% tax on death!! heres some of the transscript from the event.
8.04pm: First question: What personal qualities do you have that would make you a better chancellor than your counterparts?
(Good question.)
(Good question.)
Cable goes first. He says he has a lot of experience. He warned about the debt. He also recommended policies that the government did adopt.
Darling says: "Tenacity, I hope, amongst other things."
(That's almost a joke, which is good. It makes him sound relaxed.)
He talks about his judgment being right. He says he was right when he warned about the downturn being the worst for 60 years. He also mentions his commitment to fairness.
Osborne says the chancellor needs to be part of a team. He talks about the need to remember it's the public's money.
I think Osborne lost that exchange. The other two mentioned things they had done personally. But Osborne replied in very general, bland terms.
8.08pm: The next question is about the steps that need to be taken. What needs to be cut?
Darling mentions the need to cut the debt.
Darling mentions the need to cut the debt.
Osborne says he has set out "difficult decision".
I don't pretend that there aren't more difficult decisions ahead.
Cable says the Lib Dems are committed to cuts worth £15bn. He mentions cutting Trident and ID cards.
There are very specific cuts that we could identify.
Cable won that round, I think. He mentioned specific cuts
8.10pm: As a follow up, Guru-Murphy asks Osborne why he thinks cuts have to come now.
Osborne says many experts agree with him. But in the end it "comes down to common sense".
Darling says:
It's simply not true that everyone agrees with you.
Osborne retorts:
I know you don't.
Darling goes on. He says the Tories have announced tax cuts today (my phras, not his) without saying how they would pay for them. He says that's a terrible judgement.
Osborne says that Darling wants to increase the tax on everyone.
Cable says Osborne denounced the savings announced by the government yesterday as "complete fiction". But now Osborne is using these to fund his national insurance cut.
That's the best intervention so far.
Guru-Murphy comes in. He asks the Cable question again.
Osborne says people know how much money is being wasted.
Darling says:
All of us want to tackle waste, and we have been for many years.
Osborne has "not a single penny in the bank" to pay for his cuts, Darling says.
Cable challenges Darling to explain how his savings will work.
Darling says Osborne is committing himself to paying out large sums of money. Buthe can't fund them.
Osborne seems to be frowning
8.21pm: Q: What will you do about public sector pensions?
Darling says the government has started to reform public sector pensions.
Osborne says Darling is talking as if Labour has not been in office.
He says the Tories are committed to imposing a £50,000 cap on public sector pensions. And they would carry out an audit if they got into power.
Cable says there needs to be reform. The current situation is "scandalous".
Does he mean cuts, Guru-Murphy asks.
Cable says there will have to be cuts.
Osborne says he agrees with Cable that there should be cross-party consensus on this.
Darling says Labour and the Lib Dems tried to get consensus on social care. But his attempts to do so "weren't very successful", he tells Osborne.
Osborne says the Tories did not agree because Labour was proposing a death tax.
Cable make a joke about a "love in". Someone else (Darling, I think) jokes that it appears to be over.
Osborne says a 10% death tax is not fair.
In the end in politics ... we looked at Labour's option, a 10% option, and that was just something we didn't want to go with.
Darling says there is an international consensus on supporting the economy.
Osborne accused Darling of a "complete misrepresentation" of the Tory position.
He asks Darling if the death tax is still an option.
Darling says it isn't.
There will be an announcment about long-term care soon, Darling says
as you can see Lib Dem is agreeing with who ever gives the best arguement in my own opionion.
Who ever wins.. we wont see much of a change just maybe a different person waving to us!








