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Ok, I pretty much agree with you Andy but I'd go further:
1. Remove unnecessary beurocracy and beurocrats from all state institutions.
2. Stop the building of all non-nuclear powerstations and/or convert newbuilds to nuclear. This will provide clean, constantly renewable enery for generations to come, stop the importation of outdated fuels such as coke and coal. Build wind farm off the coasts of Scotland and NI, where it is mainly windy.
3. Reduce Business Rates to begin a stimulation of local economies.
4. Reduce the sheer volume of politicians at EVERY level of Government, remove their staff too.
5. Stop every major IT project pending a review of requirements.
6. Going along with Alexander to a point, stop benefit payments to those who are clearly ablebodied enough to do some form of social work in the community as a way of "earning" their benefits. This also to include registered disabled who are mobile enough to contribute. Everyone, except exceptional cases, on benefits to be included. This will help improve morale and dignity in the individuals and the appearance and state of the country.
7. Modernise the armed forces so we need less of them.
8. Decommit from being a lead nation whenever there is a problem somewhere.
9. Cut the high levels of taxation in order to encourage wealth back into the ocuntry and to stop it leaving in the first place.
10. Cut Student fees in England and Wales.
11. Cut the Assembly subsidies to Wales, NI ansd Scotland.
12. Remove all ex-MPs from the House of Lords.
13. Turn off 75% of street lighting after 1am (city centres need lighting to help combat crime).
14. Remove all Quango's and Special Committees
15. Cut the subsidy the LibDems get for being in opposition, they aren't anymore and therefore shouldn't get it.
Right, now the fun stuff:
16. Stop all imports from countries where there is a trade imbalance until we have a trade balance.
17. Windfall tax the banks until they have paid back what they were given by HMG (us) to survive.
18. Windfall tax the banks until the Labour raid on pension funds is repaid (penalty for their greed in earlier years).
19. Immediately deport any uninvited immigrants, regardless of which state they are going back to.
20. Again, going along to a point with Alexander, no benefits for unemployed immigrant workers. If they cannot afford to stay here, they get sent home.
21. Immediately release from prison all "non-violent" prisoners. They should do social work in the community to begin with as part of their "release deal". All violent and sex crime prisoners to lose right of parole and therefore serve exact sentence handed down by the courts. This will reduce the prison population sufficiently enough to stop the building of any new prisons.
22. Stop all outsourcing of government works as those contracts expire. Outsourcing to save money is a fallacy but remains trendy among businesses that can't be arsed to understand the areas being outsourced. I've worked in the outsourcing game and believe me, it's rarely cost and service level effective.
23. Remove all public funding for political parties
And now taxation:
24. Increase VAT to 20%
25. Impose "visitor to the UK" tax of, say, £10 per adult, and £5 per child. All proceeds to pay for infrastructure investment in those places with a point of entry, pro rata based on passenger numbers.
Well, just a few thoughts there. Need a big mug of hot tea before taking this subject more seriously!