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David Cameron: The Verdict

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    #71
    Originally posted by Alf W View Post
    The 'huge debts' story is inflated political rhetoric. Firstly, historically, it is higher than it was in the noughties BUT it was historically low during that time. The second fact is, under the prudent Tories, it's going up again.
    JFC
    So far they have only cut into the DEFICIT. The country needs to be running a surplus before the debt can start going down.
    Coffee's for closers

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      #72
      Originally posted by Spacecadet View Post
      JFC
      So far they have only cut into the DEFICIT. The country needs to be running a surplus before the debt can start going down.
      Exactly. I warned you about the economically illiterate!

      (Sorry Alf, you walked into that one. I don't mean it. )

      Comment


        #73
        Originally posted by Alf W View Post
        The 'huge debts' story is inflated political rhetoric. Firstly, historically, it is higher than it was in the noughties BUT it was historically low during that time. The second fact is, under the prudent Tories, it's going up again.



        Simple fact. If you keep cutting you make people unemployed which means more benefits to pay out, less tax coming in, less money circulating in the system. A chimp should be able to understand that.

        Where's the growth going to come from? The country doesn't have a Trust Fund to fall back on during hard times.
        So there is no debt problem then?

        As a chimp I reckon that on the basis of your argument I should start a restaurant, borrow a million from the bank and be my own customer.
        Let us not forget EU open doors immigration benefits IT contractors more than anyone

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          #74
          Originally posted by DodgyAgent View Post
          As a chimp I reckon that on the basis of your argument I should start a restaurant, borrow a million from the bank and be my own customer.
          In Scooter we trust

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            #75
            The economically illiterate are those who can't see that politically motivated spending cuts compounded with a failure to do anything imaginative to encourage growth is resulting in a shrinking economy and higher unemployment. Especially when the opposite approach was taken in the USA and it's working over there.

            Public sector efficiency, however, is another matter.
            Guy Fawkes - "The last man to enter Parliament with honourable intentions."

            Comment


              #76
              Originally posted by Alf W View Post
              The economically illiterate are those who can't see that politically motivated spending cuts compounded with a failure to do anything imaginative to encourage growth is resulting in a shrinking economy and higher unemployment. Especially when the opposite approach was taken in the USA and it's working over there.

              Public sector efficiency, however, is another matter.
              What exactly should be done? whatever is done would involve borrowing more money. This would be fine if the recession was part of a normal cycle and the UK had built up a surplus.
              If the UK increases that debt and then finds the Euro collapses bringing about another recession then the UK will be in an even worse situation.
              Let us not forget EU open doors immigration benefits IT contractors more than anyone

              Comment


                #77
                Originally posted by Alf W View Post
                Simple fact. If you keep cutting you make people unemployed which means more benefits to pay out, less tax coming in, less money circulating in the system. A chimp should be able to understand that.
                A chimp should also be able to understand that the tax coming in by spending simply won't be more than the money we're saving by cutting.

                The problem is we have a sovereign debt issue and unless we get to grips with that it will spiral out of control.

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                  #78
                  Originally posted by Robinho View Post
                  A chimp should also be able to understand that the tax coming in by spending simply won't be more than the money we're saving by cutting.

                  The problem is we have a sovereign debt issue and unless we get to grips with that it will spiral out of control.
                  Maggie had the right idea. Cull everything that was not efficient and let everything grow from there.
                  The coalition should be removing every bit of red tape and barrier to enterprise whilst cutting the inefficiencies within the public sector.
                  Let us not forget EU open doors immigration benefits IT contractors more than anyone

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                    #79
                    Quite right.

                    All we need the gov for is Schools, Roads, NHS, Justice/Police/Fire and Defence, the rest can do one.

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                      #80
                      Youll find some good ideas in here - http://www2.labour.org.uk/uploads/Th...festo-2010.pdf

                      The point is I don't see Cameron et al doing anything positive. We're the only G20 nation pursuing this ridiculous notion that we can fix our economy by doing nothing but making politically motivated cuts to stuff the Tories don't like.

                      I think we should have another General Election so we can give one party a decent mandate without having the Lib Dems dragging us back. The Tories should get rid of Cameron and his fag. The Labour party should put forward the person they really want to lead them forwards (and not that Interim stooge Millibean) and let's just get on with it.

                      Ha! A drink, I think.
                      Guy Fawkes - "The last man to enter Parliament with honourable intentions."

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