Posted by Justin on 05 Dec 2012 /
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Shorter statement: “I’ve failed, but here’s some small presents for business & mail readers, and what would you do, spend more on welfare?” -
Osborne: For every job lost in the public sector that two jobs are created in private sector << which then is more efficient? #as2012 -
City AM: We’re facing a triple dip recession. Osborne: Britain is heading in the right direction #as2012
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OBR and ONS are about as trustworthy as soviet statisticians under Andropov #as2012 #autumnstatement -
Osborne translated: We are failing with our current plans so we will keep following them for a longer period of time #as2012 << madness
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Osborne: “They think by borrowing more, they can borrow less…We are not taking that road to ruin.” #as2012 << Tories can find other roads.
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First big surprise. National pay bargaining for teachers sounds like it’s on the way out -
Osborne is extending the northern line to the new US embassy (Battersea) and Tory bastion (Wandsworth). #as2012
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Osborne: I’m giving more money for free school and academies #as2012 #bbceconomy << to break national teaching union and bargaining
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Osborne: Those with the most should contribute the most << as long as they are not a US based corporation or got a decent accountant #as2012
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Osborne 2011: ‘PFI was a stupid idea. Osborne 2012: ‘Let’s have more PFI’ #as2012 #autumnstatement
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Osborne translated: We punish the poor with destitution and slap the wrists of tax avoiders. We’re all in this together. #as2012 #bbceconomy
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Out of work benefits won’t keep up w/ inflation. Osborne is helping the unemployed with race to the bottom. Winner starves to death. #as2012
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Woah: THREE years of real term cuts to benefits, JSA, tax credits, housing benefit. Except disability/ old. #as2012 -
£3.7bn per annum from real cuts in benefit payments. Some will contrast that with £1bn pensions raid on high earners #bbceconomy -
#as2012 So the poor will pay off debts – like the new liability of £70bn – incurred by London super rich bankers/financiers… -
It doesn’t always pay to work! #autumnstatement See jrf.org.uk/media-centre/low… -
Benefits for jobseekers & jobless to rise in line with wages NOT frozen as Tories wanted. #autumnstatement #LibDemWin -
LOL at #LibDemWin ie we cut benefits at a smaller rate than Tories wanted! << YOU ARE STILL DESTROYING LIVES JUST AT A SLOWER RATE! #as2012
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So even if inflation goes up by 3 or 5 %, as is plausible… in work benefits and credits are capped at 1% for three years #as2012
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Breaking link between out of work benefits and CPI is a complete disaster. Will fuck a lot of people. -
Big cheers for cancelling 3p rise on fuel duty. Meanwhile people are walking miles to food banks to prevent starvation: metro.co.uk/2012/12/05/desp…
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“We’re helping those who want to work hard and get on” << by capping working benefits at 1%? #as2012 #bbceconomy
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Cap on tax credits will wipe out raise in personal tax allowance for many. thief. #as2012 -
If I was Ed Balls (shadow Chancellor, rather than Mr Y Cooper), I’d say everything Osborne said and after each one, shout “BULLSHIT”. -
Take home point from #AS2012 is that the Treasury’s own analysis shows the bottom 30% losing *double* what the top 30% lose.
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