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Both parties are trying to 'lose' in a hung parliament

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    #21
    Originally posted by TimberWolf View Post
    I can't imagine that any government has been handed such a poisoned chalice before. Not just because of how bad things are likely to become reality shortly after election and after the phony recession ends, but because I don't feel the population appreciate that. Most people think the recession is over, I feel.
    It depends on your point of view.

    There are really people that think continuing to rack up debt to support government spending is absolutely the right thing to do in the circumstances.

    There are also some people that think if the worst comes to the worst then they can always inflate the debt away.

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      #22
      Originally posted by Gonzo View Post
      It depends on your point of view.

      There are really people that think continuing to rack up debt to support government spending is absolutely the right thing to do in the circumstances.

      There are also some people that think if the worst comes to the worst then they can always inflate the debt away.
      Yeah, I suppose for many people inflating away debt and holding onto their houses and jobs is preferable to interest rate hikes, austerity and loss of job and home. They'd prefer a run on the Pound.

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        #23
        Originally posted by TimberWolf View Post
        Yeah, I suppose for many people inflating away debt and holding onto their houses and jobs is preferable to interest rate hikes, austerity and loss of job and home. They'd prefer a run on the Pound.
        Sadly, to achieve all of that at the same time would require one of those paradox machines that the Master had made in the Tardis in Doctor Who the other night.
        How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.

        Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
        Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%

        "We hang the petty thieves and appoint the great ones to high office" - Aesop

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          #24
          Originally posted by TimberWolf View Post
          Yeah, I suppose for many people inflating away debt and holding onto their houses and jobs is preferable to interest rate hikes, austerity and loss of job and home. They'd prefer a run on the Pound.
          Like a bloke with emphysema having one last cigarette. Then another...

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            #25
            Originally posted by HairyArsedBloke View Post
            Sadly, to achieve all of that at the same time would require one of those paradox machines that the Master had made in the Tardis in Doctor Who the other night.
            True, but isn't that what fiat currencies achieve anyway, they slowly inflate, and why the gold standard was ditched?

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              #26
              Originally posted by malvolio View Post
              Actually, in a hung parliament the sitting PM remains in post until it is proven that someone else can form a workable majority, alone or in partnership with another party. We don't lose Gay Gorgon just becuiase he lost the election - which is a bit of a depressing thought...
              I will put money on it those Lib Dem treehuggers side with Labour in an event of a hung parliament.
              "I hope Celtic realise that, if their team is good enough, they will win. If they're not good enough, they'll not win - and they can't look at anybody else, whether it is referees or any other influence." - Walter Smith

              On them! On them! They fail!

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                #27
                Originally posted by Incognito View Post
                I will put money on it those Lib Dem treehuggers side with Labour in an event of a hung parliament.
                Some sort of Lib-Lab pact to keep a Labour government without an overall majority in power?

                Haven't I heard of something like that before?
                Last edited by Gonzo; 27 February 2010, 05:51. Reason: Cleaning up punctuation.

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