Monday, 24 November 2008

The Budget

I am not claiming to know anything about politics by writing this blog. Most of what i say in this blog will probably be wrong.

After being picked up from the dreaded twilight spanish lesson I got into the car and like usual the radio was on (no im not going to go into 'shite music' like matt, this was LBC - they dont play music) and they were discussing Darling's (i will restrain from taking the piss out of his name and his lovely eyebrows) new budget to save us all from Britains new favourite cereal - Credit Crunch, although in the last few weeks it seems to have been rebranded as recession. Personaly i don't think it has the same kind of ring to it.

To start with it sounds pretty good, they're going to drop V.A.T to 15%. Wooohooo!! We can all now theoreticaly go out and buy things for a much cheaper price! But wait!! Before you all abandon your computers and go rushing out to your nearest shop listen to this.... What Mr Darling said very quietly was that he 'hopes' that shops will pass on this V.A.T cut to us the consumers. Now, can you see Tescos, who are obviously on some mission to take over the world along with Starbucks - forget a nucleur World War 3 between the USA and Russia, it will be WW3 - Tescos v. Starbucks. But anyway, can you see Tescos dropping their prices by a couple of pence just because Mr Darling 'hopes' they will? Of course not!!

And just incase you still feel inclined to drive to your local shop to see if they have been kind enough to please Darling and recalculate the price, remember that the extra duty Darling has put on the fuel for your car will completely outweigh any saving that you wont make from the product that hasnt even had its V.A.T reduced.

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