Utter madness

As you may have realised if you have read this blog before I am not a fan of this government or the previous one. There are a number of reasons for this; I think if you have lived in this country over the past ten years you would have watched as a government nearly bankrupted this country. They did this and blamed everyone but themselves, they governed at a time when this country had unprecedented growth, Gordon Brown did not pay off any of our national debt and left this country, to put it bluntly in a mess.

This new government have come along and have tried to sort out this mess, or on the face of it they have. But if you look a little closer you will quickly see that they are not doing a very good job.

So let's look at some facts, last year the British government gave away over £38 billion to the EU and IMF; £13 billion to the EU bailout, £8.3 billion - our net contribution to the EU, £7 billion loan to the Irish and £10 billion to the IMF, plus billions of pounds in foreign aid. Whatever way you look at it, this is a lot of money, this is bad enough, but what our leaders have decided to do is increase our contribution to the IMF this year by £9 billion, meaning that we will hand over £19 billion. Add to this our contribution to the EU and the ring fencing of foreign aid, is it any wonder that I think this lot have gone stark raving bonkers.

You would think that our economy is growing at a rapid rate, but it isn't, last year it grew at about 1.3 per cent, compared with Brazil's economy growing by about 7.3 per cent, and China and India continuing to see massive growth.

Now all this is bad enough, but the government have decided to carry on with Labour's complete folly and spend billions on green energy (if you want to see what I think of that, please look here
http://evanheasley-powertothepeople.blogspot.com/2011/03/lunatics-have-taken-over-asylum.html ). The government have decided to push ahead regardless of the economic consequences with a policy that makes no sense at all.

China, the biggest global emitter of CO2 has made it abundantly clear it is not going to accept any restraint to its use of carbon based energy, neither has India or the US. A spokesman for both the Engineering Employers Federation and Energy Intensive users Group have warned of investment and jobs going overseas where energy costs are lower. And so have many other large manufacturing companies.

This government has said it was the previous government that initiated the massively damaging policy of severe and legally binding carbon reduction. This may be true, but the simple question has to be asked is, why is the UK the only country to do this?

I have written before about the government's headlong rush into wind energy, but it is very clear that this type of energy is not going to produce enough power for our economy. The wind does not blow all the time so it is intermittent, so when the wind does not blow we will have to get our energy from somewhere else at extortionate rates.

The government have argued that millions of so called green jobs will be created, but this again is total hogwash. The 19th century economist Frederic Bastiet pointed out, 'if jobs are your yardstick, you may as well go round breaking windows so as to create jobs for glaziers.'

The government are creating jobs, but these require a greater amount of subsidy at the expense of genuinely productive jobs that require no subsidy at all. On top of all of this we have still many millions of people employed within the public sector, creating no wealth. There are still about 2.5 million people unemployed in this country, and that is likely to rise as councils and other government departments have to make cuts. Then add to that the continued influx of immigrants looking for work and it does not take long to realise that we are governed by a bunch of nutters that are completely and utterly mad.