Ed Balls says we should reduce VAT to stimulate the economy. This means the government will take in less tax per purchase, but as the price at the till will be lower, the idea is that the increase in purchases will compensate for, and presumably overtake that shortfall.
The government of course says no. That's what they do. One side says 'tinker like this' and the other side steps up and points out the disadvantages. It's all nonsense.
Step away and up from this political ping pong. The more stuff we buy the sooner we'll run out. Don't pretend we can't run out. We are running towards a precipice and all we can think of is going faster. Face up now to the reality that we havn't got an unending anount of stuff, so therefore we have to be wise stewards. Creating jobs on the basis of nore consumption not only consumes stuff, but people's lives, as they spend their time trying to get you to consume more so that they can consume more.
Change the record. Consue less, work less, become more efiicient, conserve and share what we've got.
Showing posts with label vat. Show all posts
Showing posts with label vat. Show all posts
Friday, 17 June 2011
Wednesday, 22 December 2010
Christmas appeal for cyclic consumption
In today's Evening Standard (London), some pundit was arguing for the VAT increase (due in the New Year) to be postponed to help retailers sell more stuff. He also wants to have a traffic free period as more stuff gets sold then. (Interesting - retailers usually argue for less restriction on cars).
Of course if the VAT increase is postponed, the government could lose tax revenue, but this could be offset by people buying more stuff. Deep sigh. What is it that we in fact need? Basics - food, shelter, clean water, medical care, a source of information and communication; and possibly some things to give us a quality life, rather than an existence - the means to express ourselves or to enjoy seeing others express themselves, let's say. I do not suggest this is a comprehensive list. But buying more stuff to keep people in work making more stuff for us to buy - cyclic consumption - is just silly.
Of course if the VAT increase is postponed, the government could lose tax revenue, but this could be offset by people buying more stuff. Deep sigh. What is it that we in fact need? Basics - food, shelter, clean water, medical care, a source of information and communication; and possibly some things to give us a quality life, rather than an existence - the means to express ourselves or to enjoy seeing others express themselves, let's say. I do not suggest this is a comprehensive list. But buying more stuff to keep people in work making more stuff for us to buy - cyclic consumption - is just silly.
Labels:
cyclic consumption,
evening standard,
retail,
vat
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