Socialholic

Caught in a web of social media

How to save £100bn – good idea or bad idea?

with 25 comments

Do we need Trident?

Do we need Trident?

The new Coalition Government has asked the public for our views as to what we might cut.

Now, I have always been a bit ambivalent towards the independent nuclear deterrent.  On the one hand, even when I was too young to fully understand it, mutually assured destruction seemed a bit of a pointless idea and, on the other, having something that you’d never actually use also seems a bit silly.  Arguments that Iran or North Korea have them so we have to are also a bit lame – because they’re not going to be able to launch them at us and, even if they do, what can we do? Destroy them back? Great – that’ll give me a really warm feeling inside just before I get a really warm feeling outside.

But, if the great and the good, the people with all the facts at their fingertips told me that they were vital, I’d go along with it. You’ve got to trust someone, eh?

Now, however, we are faced with a new set of circumstances – we’re skint.  I’m not going to rehearse whose fault that is or isn’t because, at the end of the day, that’s not really important right now.  We’re in the poo and we need a big old shovel to get ourselves out.

Our annual deficit is running at £156bn.

The replacement to the Trident nuclear missile system will cost between £76bn and £130bn.

So, my thinking is this – don’t renew Trident.

What do you think? Is this a step too far or should we find savings elsewhere to pay for a new nuclear deterrent?  If you’ve got any ideas, any kites to fly, join the discussion below.

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Written by Socialholic

July 5th, 2010 at 8:40 pm

Posted in economy

Tagged with , ,

  • Lynda Bowler

    I think you’re on to something!

  • Edbeeny

    I think your right is Trident a real deterrent against these countries? £100bn saving would be great, but on another note we still need to make cuts and savings to cut the waste and idiotic spending of the last 13 years.

  • http://www.socialholic.co.uk James Barisic

    Definitely need to do other stuff too. The £100bn from Trident wouldn’t be enough on its own but it should certainly create a bit of a dent!

    Would welcome other ideas! :)

  • http://twitter.com/MattYoungMedia Matt Young

    Heard some financial experts talking on BBC News about taxing banks on business transactions, reckoned it would make £150 billion easy. Discuss?

  • http://twitter.com/greenlandstudio michael greenland

    Although I’m a designer, I think we should stop re-branding NHS trusts. Also, stop changing the names of the Government Departments. Probably save £20million.

    Install Thermal Heat Exchangers under School fields. No heating costs. Install thousands of mini wind turbines at the end of runways. Make tons of electric.

  • Edbeeny

    Taxing the banks I think is another easy option to get money. Remember they already pay huge sums of tax so they would only pass the extra cost back to us in higher interest rates.

  • http://www.socialholic.co.uk James Barisic

    Loving the green ideas. You could start me off on my hobbyhorse of the fact that there’s no subsidy for water harvesting despite it being relatively easy and the stupidity of the energy and cost of cleaning water that we use to flush toilets and the like! Grrr!

  • http://twitter.com/greenlandstudio michael greenland

    This isn;t about South West water – but did you know, they make more money from sewerage than they do from water supply?

  • http://twitter.com/MaGaTa76 Mark

    I’d just like another election, but now we have order 66% from the Dark Lords of the Sith we aren’t getting one anytime soon. If there is anything left in 2015 I would agree that trident will be one of them. The Tories aren’t going to be getting rid of that, not before the Devil wears thermals.
    I think that we need an IVA, we owe more than £50k and have multiple creditors, we can cancel out our debts overnight apparently (watches too much channel 5)

  • Edbeeny

    I would suggest to sell some of the countries assets but we haven’t got anything left. So one easy saving has to be foreign aid.

  • Lynda Bowler

    I think you're on to something!

  • Edbeeny

    I think your right is Trident a real deterrent against these countries? £100bn saving would be great, but on another note we still need to make cuts and savings to cut the waste and idiotic spending of the last 13 years.

  • http://www.socialholic.co.uk James Barisic

    Definitely need to do other stuff too. The £100bn from Trident wouldn't be enough on its own but it should certainly create a bit of a dent!

    Would welcome other ideas! :)

  • http://twitter.com/MattYoungMedia Matt Young

    Heard some financial experts talking on BBC News about taxing banks on business transactions, reckoned it would make £150 billion easy. Discuss?

  • http://twitter.com/MattYoungMedia Matt Young

    Heard some financial experts talking on BBC News about taxing banks on business transactions, reckoned it would make £150 billion easy. Discuss?

  • http://twitter.com/greenlandstudio michael greenland

    Although I'm a designer, I think we should stop re-branding NHS trusts. Also, stop changing the names of the Government Departments. Probably save £20million.

    Install Thermal Heat Exchangers under School fields. No heating costs. Install thousands of mini wind turbines at the end of runways. Make tons of electric.

  • Edbeeny

    Taxing the banks I think is another easy option to get money. Remember they already pay huge sums of tax so they would only pass the extra cost back to us in higher interest rates.

  • http://www.socialholic.co.uk James Barisic

    Loving the green ideas. You could start me off on my hobbyhorse of the fact that there's no subsidy for water harvesting despite it being relatively easy and the stupidity of the energy and cost of cleaning water that we use to flush toilets and the like! Grrr!

  • http://twitter.com/greenlandstudio michael greenland

    This isn;t about South West water – but did you know, they make more money from sewerage than they do from water supply?

  • http://twitter.com/MaGaTa76 Mark

    I'd just like another election, but now we have order 66% from the Dark Lords of the Sith we aren't getting one anytime soon. If there is anything left in 2015 I would agree that trident will be one of them. The Tories aren't going to be getting rid of that, not before the Devil wears thermals.
    I think that we need an IVA, we owe more than £50k and have multiple creditors, we can cancel out our debts overnight apparently (watches too much channel 5)

  • Edbeeny

    I would suggest to sell some of the countries assets but we haven't got anything left. So one easy saving has to be foreign aid.

  • Nick

    One way to help reduce the debt is by helping our manufacturing sector and make it more appealing for large multinational companies to set up here. Also to make it harder for foreign companies purchasing our multinationals and moving them abroad!
    This would then help reduce unemployment and create growth in the economy.

  • Darren

    Sack the lawyers! Anarchy has to be cheaper ;-)

  • Nick

    One way to help reduce the debt is by helping our manufacturing sector and make it more appealing for large multinational companies to set up here. Also to make it harder for foreign companies purchasing our multinationals and moving them abroad!
    This would then help reduce unemployment and create growth in the economy.

  • Darren

    Sack the lawyers! Anarchy has to be cheaper ;-)