Tuesday, April 21, 2009

This Budget must cut public spending

This is a very dark hour. Not quite our darkest, but certainly one of them. After 12 years of New Labour, once again recession is upon us, unemployment is rising, sterling is devalued and the IMF is knocking at the door.

This budget is not remotely difficult. There is no ‘Golden Rule’ to uphold, no balancing act to perform and no Keynesian complexities to consider. Fiscal imprudence and irresponsible borrowing have led us to ‘bust’.

The expectations are of a ‘scorched earth’ budget – after all, what has the Prime Minister got to lose? Spend more, borrow more, make people feel a little better until the next general election, and if Labour do not win, Mr Cameron shall be left to take all the necessary unpopular decisions to clean up the mess – ‘more Tory cuts’. Cranmer is not going to bother with the phrase ‘moral duty’. Not because the Prime Minister no longer understands the meaning of the concept (if ever he did), but because the talk thread will be choked by those who assert ‘It depends what you mean by “moral”’ or ‘It depends what you mean by “duty”’, and communicants are thereby deflected from the urgency of the matter at hand.

If Labour understand the meaning of stewardship, they will grasp the imperative of bequeathing to the next generation an economy in a better state than that which they themselves inherited. That is moral.

If Labour have any economic sense or any concern for the common good, they must do what Her Majesty’s Opposition are reluctant to do – cut public spending. This budget must clearly and incisively expound the medium and long-term plans for doing so (and they can start with scrapping plans for ID Cards – every penny counts). Borrowing must be reduced. And inflationary pressures must be eradicated, for inflation is theft, and theft is immoral. And then they must simplify the taxation system, because it is grown too cumbersome and expensive to administer. Scale down tax credits; increase personal allowances. And they must trim the fat from the bloated public sector (some of the million non-jobs Mr Blair fabricated). And they must withdraw from the European Union, for it bleeds the nation of almost £60bn per annum.

As Alexander would say – ‘simples’.

But Cranmer shall no doubt soon awake from his dream to discover the shocking and depressing nightmare of the cold reality.

11 Comments:

Anonymous Maturecheese said...

Your Grace,

I suspect not one of the measures you have outlined will be acted upon by this corrupt administration. Only God can help us now.

21 April 2009 at 09:19  
Blogger McKenzie said...

This comment has been removed by the author.

21 April 2009 at 09:40  
Anonymous martin sewell said...

When New Labour took offic they pledged to maintain the spending plans and priorities of the outgoing Chancellor for two years.

I would not advise George Osbourne to do the same

21 April 2009 at 10:20  
Anonymous Anabaptist said...

Actually, abolish all tax credits. Tax credits are total nonsense: they take money from people, then pay other people to give some of it back. This is a wasteful and costly exercise in appearing to be generous; but it is nothing but theft for the purpose of political appearances -- in a word, spin.

I agree with increased tax allowances, which will automatically reduce the tax burden of thos least able to pay -- the supposed aim of tax credits, but much simpler. But at the same time introduce a flat tax for all. This morning the IFS reports that the increase of the top rate from 40% to 45% (which Call-Me-Dave and Wee Georgie are pledged to support) will cost more than it brings in. A flat rate ensures that income is proportionately taxed, without pressing the 'rich' into employing clever accountants to find ways round it.

This government will, of course, do neither of these things. I bet the next one doesn't either, nor will it take us out of the EUSSR, which makes me wonder why I should vote Conservative.

21 April 2009 at 11:22  
Anonymous Joshua said...

Billy Bragg - IdeologyWhen one voice rules the nation
Just because they're on top of the pile
Doesn't mean their vision is the clearest
The voices of the people
Are falling on deaf ears
Our politicians all become careerists
They must declare their interests
But not their company cars
Is there more to a seat in parliament
Then sitting on your arse
And the best of all this bad bunch
Are shouting to be heard
Above the sound of ideologies clashing

Outside the patient millions
Who put them into power
Expect a little more back for their taxes
Like school books, beds in hospitals
And peace in our bloody time
All they get is old men grinding axes
Who've built their private fortunes
On the things they can rely
The courts, the secret handshake
The stock exchange and the old school tie
For God and queen and country
All things they justify
Above the sound of ideologies clashing

God bless the civil service
The nations saving grace
While we expect democracy
They're laughing in our face
And although our cries get louder
Their laughter gets louder still
Above the sound of ideologies clashing.

21 April 2009 at 11:30  
Anonymous Adrian P said...

It all becomes clearer once you accept they are not working for us but for the Internayional Bankers.

The moneychangers if you like.

Endgame, Blueprint for Global Enslavement

21 April 2009 at 12:00  
Blogger Dave H said...

“The expectations are of a ‘scorched earth’ budget...”

Be careful of what you wish for. Apparently a drunken Labour MP told Guido Fawkes last night:

“We’re f****d so we might as well just let rip on public spending.”

Glad to see that sober counsel is prevailing...

21 April 2009 at 13:42  
Blogger D. Singh said...

Your Grace,

Methinks ye hope for too much:

'If Labour understand the meaning of stewardship, they will grasp the imperative of bequeathing to the next generation an economy in a better state than that which they themselves inherited. That is moral.'

They, the Socialists, do not understand the meaning of stewardship.

In the 10 October 2006 edition of The Spectator magazine, David Miliband made it exceptionally clear that New Labour had moved well away from individual freedom (espoused by the doctrines of Hayek) to centralised state control (Marxism).

What little was left in New Labour's collective mind of the intellectual capital provided by Methodism was exchanged for Marxism.

In this process, for such noble ideas as stewardship to be abandoned, it was necessary for the Liberal-left to defeat God in their hearts and then their minds; for not to do so would have left a haunting sense of impending judgment.

21 April 2009 at 14:15  
Anonymous Anabaptist said...

D Singh wrote:
'In the 10 October 2006 edition of The Spectator magazine, David Miliband made it exceptionally clear that New Labour had moved well away from individual freedom (espoused by the doctrines of Hayek) to centralised state control (Marxism).'

Actually, D Singh, it's a little more subtle than that. You can find Miliband's Spectator article at:
http://tinyurl.com/csa4rc

By the way, it was 11th October 2006.

21 April 2009 at 17:01  
Blogger Johnny Norfolk said...

Boy things were much better under Mrs Thatcher. She would never have allowed things to come to this, no matter what you think of her.

21 April 2009 at 17:22  
Blogger ultramontane grumpy old catholic said...

I'm inclined to believe the drunken Labour MP as reported by Dave H. By the time they have finished, the £1 will be worth a US dime on the money markets.

Your Grace, did you note that R4 were discussing the budget today (as they would) and there was a rant about the Channel Islands being tax havens etc and the Govt would be putting a stop to it. Perhaps the CI will declare UDI and go it alone. If Tuvalu can do it, why not the Channel Islands? What do they receive from the UK anyway, certainly not protection (see WW2)?

McKenzie - I do like your avatar, but it seems a bit uncharacteristic given your views.

21 April 2009 at 20:43  

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