Originally posted by sasguru
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Labour's handling of the economic crisis has been exemplary
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Originally posted by Muttley08 View PostYes - ridiculous civil service spending has benefited me in contracts a lot - but it was all a ridiculous bubble gordon couldn't help himself but let grow ridicously and think it would continue forever. I took advantage of it, but think long term we're all going to suffer - govt IT spending is going to be very low for a long time to come...
Doesn't matter though - clearly you didn't make the same mistake and have invested your boom money wisely.Hard Brexit now!
#prayfornodealComment
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It's all very well having 20/20 hindsight, I want to know what to do now. Gaw'd, in hindsight, 1997 UK was such a nice place.Comment
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'Do you think the NewLie can pay back the money it has borrowed from the current income - current exp.?
I don't think they can, so something has to change.'
yes, that'll be inflation
Milan.Comment
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Originally posted by sasguru View PostDoesn't matter though - clearly you didn't make the same mistake and have invested your boom money wisely.
I'm not at the phase of my career where I've got enough to hang up my mouse though - hence annoyed that the whole economy is knackered for a long time yet.
As an aside, we either need to either let capitalism work (and have cyclical behaviour) or just go the whole hog and become socialist (then gordon can meddle until his hearts content).
Read about Labour's attempts to discredit that ex head of the army guy who spoke out against them this morning as well (through expenses etc) - they're just so dim that they think they can get away with it, without people noticing what a bunch of moronic, bitter little people they are....
Anyway, grumpy, rant mode off for nowComment
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Originally posted by sasguru View PostYes I know el Gordo caused it, but as far as recovering from a mistake is concerned, Labour have done well.
Textbook Keynesian stimulus policies have done the job.
The Tories would probably have tightened everything and made it worse.
If you are increasing your mortgage debt by between 5% and 10% every year just to pay your day-to-day expenses, would you say you are handling your finances well?
Brown is just putting off the day until after the election, when the Tories will have it dumped in their laps, and it will be worse than if we faced up to it now. Brown has put party politics before the good of the economy.Comment
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Perhaps the Tories should be doing a better of job of explaining to the populace how flipped we are for the next 2 generations or so? Or is that unpatriotic?Comment
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that's talking down the economy...or being realistic...can't do that...the economy is all about confidence after all isn't it? no substance there actually - it's just all like the pr / spin we all know so much about!!!! grrrr!!!Comment
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Originally posted by Muttley08 View Postthat's talking down the economy...or being realistic...can't do that...the economy is all about confidence after all isn't it? no substance there actually - it's just all like the pr / spin we all know so much about!!!! grrrr!!!Comment
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Originally posted by TimberWolf View PostSavers and those without houses are paying the bill instead of borrowers. Can this happy situation last forever?Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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