Bright Days

[meridian]

Fook the NHS.

No one wants the NHS, they want a fantastic system of medical care.

Which the NHS does not provide.

What a pity people aren’t going to get that either, then.

Lobbyists Seek Brexit Deal That Raises Drug Prices, Shreds Consumer Safeguards

[xoggoth]

MF has already said it all above. I am in favour of a more equal society but extreme leftist governments have always been economic disasters.

[TwoWolves]

you're weird

country mired in debt, inequality beyond measurement, austerity for vulnerable.... yeah let us break out the bunting why not

History tells us massive collapses in the pound, 1985, 91, 2016... all happened during a Tory government. Interesting times ahead.

All the things you are listing are a direct result of the banking bailouts after 2008; instigated by a Labour chancellor. It's going to take decades to fix this foolishness, regardless of political persuasion. I'm not a Conservative fan or a Labour one at that; I'm more interested in economics.

[meridian]

All the things you are listing are a direct result of the banking bailouts after 2008; instigated by a Labour chancellor. It's going to take decades to fix this foolishness, regardless of political persuasion. I'm not a Conservative fan or a Labour one at that; I'm more interested in economics.

What would your solution in 2008 have been? Not to bail them out, let them all go under? What would the economics of that been?

Is the rise in debt from 2010 to 2019 also instigated by a Labour chancellor?

[MarillionFan]

Is the rise in debt from 2010 to 2019 also instigated by a Labour chancellor?

That's a ridiculous statement and you know it. The money going out was more than the money going in, the debt was always going to rise. Labour spent more than was coming in. Once you get into debt, you're in a bit of a problem. Of course gold soared, so we could have sold our, oh hang on Gordon hocked that off cheap as well. That's why socialists are bad with the economy.

The idea of austerity was to get it all under control, but the Tories have struggled to do that, and coupled with a disastrous programme such as Universal Credit we now have an increase of foodbanks which frankly shouldn't have happened and that does need addressing as that is a social injustice. But if you think voting for Corbyn was going to solve it all, god forbid the logic.

[Old Greg]

Fook the NHS.

No one wants the NHS, they want a fantastic system of medical care.

Which the NHS does not provide.

Unfortunately they're not prepared to fund it like the French and German systems.

[meridian]

That's a ridiculous statement and you know it. The money going out was more than the money going in, the debt was always going to rise. Labour spent more than was coming in. Once you get into debt, you're in a bit of a problem.

The ridiculous statement was the claim that the UK’s debt is all down to the Labour chancellor, and you know it.

Yes, Labour spent more than was coming in. So have the Conservatives. Only laying the blame at the door of one chancellor is ridiculous.

Of course gold soared, so we could have sold our, oh hang on Gordon hocked that off cheap as well. That's why socialists are bad with the economy.

Brown did some good things (decoupling the BoE), he did some bad things (selling off the gold). Neither is evidence of your statement.

Equally good and bad things can be found for the Conservative chancellor also, but they alone won’t be evidence that they’re bad with the economy.

The idea of austerity was to get it all under control, but the Tories have struggled to do that, and coupled with a disastrous programme such as Universal Credit we now have an increase of foodbanks which frankly shouldn't have happened and that does need addressing as that is a social injustice. But if you think voting for Corbyn was going to solve it all, god forbid the logic.

Equally, of course, voting for Boris isn’t going to fix all of the issues you’ve helpfully highlighted. It’s likely to make them worse.

I didn’t think voting for Corbyn was going to solve it all. Nobody expected a Labour win, the hope was on a hung parliament to curb the excesses of the current version of the Conservatives.

We’ll reap what has been sown, I guess.

[TwoWolves]

What would your solution in 2008 have been? Not to bail them out, let them all go under? What would the economics of that been?

Yes I would have let them go bust because that's how capitalism is supposed to work. New banks would have picked up the business, people would have got jobs elsewhere but most importantly the debt would have been wiped out. Turmoil for a few years and then recovery for the world. By 1936 the world was recovering from the '29 crash because grown-ups ran the world.

I'm not going to get into politics but Brown was a self-indulgent imbecile. We will be paying for his arrogance for decades; he claimed he saved the world - he condemned it.

[sasguru]

Yes I would have let them go bust because that's how capitalism is supposed to work. New banks would have picked up the business, people would have got jobs elsewhere but most importantly the debt would have been wiped out. Turmoil for a few years and then recovery for the world. By 1936 the world was recovering from the '29 crash because grown-ups ran the world.

I suggest you read a couple of books about the Great Depression before making stupid remarks on here.
Idiot.

[MarillionFan]

I suggest you read a couple of books about the Great Depression before making stupid remarks on here.
Idiot.

I have a grudging respect for Gordon Brown. He stood up to the banking collapse and helped Europe to take action. He understood what would happen to the normal person if the banks completely failed and you're right Sas he understood the mistakes of the great depression, so I think he did the right thing. The only difference is at the time, having bailed out the banks, they didn't explain to the great British public that they had to halt spending on other things. A rock and a hard place.

The Tories have now moved into the centre/left ground and take the place of New Labour. Labour on the other hand seem to have lurched so far to the left, they're at risk of becoming the Far Right!