The big day today, as Joe Stalin, AKA Gordon, our next Prime Minister, announces new and interesting ways to remove more money from our wallets.
The Times predicts that he will announce an extra £80 million for the security services, about £400 million for Iraq and Afghanistan and as much as £1 billion for child poverty. Going to war seems to be costing us rather alot of money these days and that's just the tip of the iceberg revealed in Parliament. Much of it, we never see.
If the Chancellor has any sense, he will announce a cut in corporation tax before we lose any more large businesses. Locally, we don't need to be reminded of the size of the Pfizer estate which used to be called Sandwich. Pfizer has already cut a chunk out of its UK workforce and pharmaceutical companies are increasingly looking elsewhere for cheaper operational bases with a good supply of skilled graduates at lower costs than are available here in the UK at present.
In our thriving economy, with the tax burden at a record high, prices of goods and services are now climbing at an annual rate of 4.6 per cent. The last time they were so high, in 1991, interest rates were above 11 per cent and the housing market was in the midst of a severe crash.
Pensioners are being hit worst with some retired households facing inflation of as much as 9.1 per cent, a figure higher than for any other category of household because of the comparable amount spent by pensioners on heating and water charges, which have risen sharply over the past year.
Without much doubt though, this budget is going to hurt you and me somewhere, either directly or indirectly and through stealth, Brown's favourite ploy. "Vote Tony - Get Gordon" because it's what we're going to get, like it or not.