Friday, November 26, 2010

Vacant RedEd spots a bandwagon to jump on

Lets remember that Labour introduced tuition fees ( and they were always going to go up, the initial level was the level they thought they could get away with ).

Now feckless #RedEd has spotted a bandwagon to take his blank piece of paper on to try a shamelessly grovel for votes from naive middle class teenagers and students.

But even the feckless RedEd can't avoid the fact that Labour destroyed the country's finances and "there's no money left". So RedEd, when he's not actively considering perhaps saying something, maybe to the students, admits there would have to be something like a graduate tax.

Frankly there would be virtually no difference.

The questions are will RedEd get the jumping on bandwagon flack any Tory would get in these circumstances ? And will any one point out the plank in Labour's own eye on this ?

And anyway isn't it time someone told the children that things have to be paid for, and by the way the grown ups have taken out a stupendous loan in their name which they will have to pay back for the national debt that will make tuition fees look like a picnic !


AntiCitizenOne said...

There's a massive difference between borrowing to go to university and an extra graduate tax.

If you can't see why then maybe you need to examine the incentives each cause.

Man in a Shed said...

That's a fair point. What I was getting at is that both finance methods are not the general taxation funded 'free' model.

AntiCitizenOne said...

and a good thing too.

Education should be paid for by parents and then after 18 those being taught.

Danny Law said...

there is no money left in the country to pay student fees!

really ?

but there is enough money to pay:

1. cross rail in london £6 billion

2, new rail line from london to birmingham and leeds £18 billion

3. foreign aid - £7 billion

4. two pointless wars in afganistan and iraq - god knows how much they have cost

5. money for ireland - £6 billion

6. money for the IMF - £2 billion

7. god knows how many bilion to subsidise 'green' energy (mostly turbines built abroad)

8. plus of course zillions spent on the banks

so sorry - the money is there - the government just chooses to spend it the way that suits it rather than the population who pay their taxes

Man in a Shed said...

Of course Danny cash can be used for any purchase, that's what makes it so popular.

However things infrastructure really is needed like cross rail, perhaps less so the high speed civil servant transport system to Birmingham.

The question of why we should borrow cash we can't pay back to give to other people is one I can't answer.

But the truth is that everything we spend money on now will required either paying back or cheating our creditors (inflation/defaulting).

University attendance for 3 years at 40% of the population is a burden our debt enslaved society can't afford in general ( as is evidenced by putting pension ages back ). It is certainly unjust to make those who must pay high taxes on low incomes ( which is the future of the UK for all our lives thanks to the last Labour governments desperate burnt earth policy to save itself ) to fund dubious 3 year gap from useful work experiences for some and golden career creating experiences for others.

The money isn't there, which is why we keep borrowing so much and at some point soon the creditors we are probably planning to defraud will realise it.

It amazes me that people get so worked up about student fees which are a small issue compared to the crippling national debt we must all carry.

AntiCitizenOne said...

Education is one of the best uses for Debt.

It makes students think "Will I earn more by doing this degree than the interest on the debt?"

In this way they make an economic calculation that benefits the economy and thus makes everyone wealthier.

When we obscure costs by extorting money from taxpayers to fund degrees we harm the economy and thus wider society in a number of ways.