Should we go back to 2001?

UptheDeise

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Don't know has this question be asked already but could we cut wage levels and public spending back to 2001? Should we get rid of all quangos that we created from 2001 to present? I remember 2001 and the standard of living wasn't abysmal.
 
It was far from abysmal, and in theory it should be ok. The only problem is that everything has to roll back to those times and they won't. For example, what about all the mortgages taken out in those 9 years that are at boom prices, they won't roll back. Energy costs, tv licence, public transport costs, fuel costs, they'll all be at 2010 prices, while wages are at 2001. Then there's other things introduced since then like bin charges, health insurance levies, etc.

So while it's ok to say we weren't (and we weren't) worse off back then, it would only work if everything was reduced to the costs of that time.
 
We could all become property speculators - buy loads in 2001, because we'll know when to sell. If we bring copies of some council development plans with us, we'll know what land is going to be rezoned, so can buy it beforehand....
 
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