Monday, 21 June 2010

Budget, what budget..............

Tomorrow is the budget – it should be “X rated for local authority and civil servants aged below 55. Aged 55 and above they may escape the worst but below that age several hundred of thousands need to start updating their CVs.

Beyond the “Laws” (another Twat) and his successor initial cuts, this budget will slash government spending (local and central) very succinctly as “we are all in this together.” And that is just a start! Next, the pensions, expenses and especially the service conditions of public servants will be targeted.

And Bob Crow says we will “strike.” OK – even more savings. We just love it.

Wilt has delayed his return home/office by at least a day so that he can listen to Osborne deliver his budget on Tuesday – the accountants and financial advisers will be on line to take instructions on moving, shaking and baking assets and taking otherwise wise actions. That is better done here in north Wales rather than having Mrs Wilt distract me by her shapely focused mind – now you thought I was going o say something else. Shame on you.

Wilt

3 comments:

  1. Dear Wilt
    As your loyal companion I must complain at the harsh words you have used in respect to the budget. The budget has abandoned the proposed 10% duty on cider. This means that you and I have more money to spend on our life’s passions. Namely, lubricating ourselves adequately as we trundle along the long road to North Wales and generously funding our activities in respect to the Bin Laden of Leamington. Who is of course Mrs C.
    Bow Wow
    Salty Dog.

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  2. I think that is insulting to Bin Laden!

    At least there is some method to his madness, even if it defies logic, and he claims it supports the cause of his fellow man. The madness of Mrs C has no method and serves only one person – herself.

    Wilt

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  3. Don't you just love the coalition's budget wheeze whereby they are trying to convince public sector workers that accepting a two year pay freeze will protect their jobs? Now if I'm not wrong they plan to drastically cut jobs, by their own account, in this sector. So how does that square up? It doesn't. While Wilt may be right that those over 55 may indeed be spared the worst of the longer term reductions in pensions etc the fact is that a two year pay freeze will actually hit hard those staff who are slightly older and in the last 3 years of their career and whose final salary pension is based on the best of the last three years'pay. They face the prospect of not receiving a state pension until 66 and a final salary static in the face of inflation for the next two years, resulting in a smaller pension for the rest of therir lives. This is a cruel cut. The upside is that they get to keep their accrued years pension benefits - the babyboomer's benefit it seems.

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