Benefit scrounging parasites from Europe

[DodgyAgent]

Of course the Germans grow organically through exports not through spending and housing booms and busts.
And if Germans real incomes have fallen by 4%, neither have their housing and other costs risen by the ridiculous amounts seen in the UK.
The average German has a far higher standard of housing than the average Brit, for example, for a lot cheaper.
Anyway the facts are these, total UK debt per capita is in the top 3 in the world, Germany's isn't.
Our prosperity is illusory.

I don't understand why so many of you fawning sheep fall over yourselves in order to extol the so called virtues of the Germans.
Anyone remember two world wars? reminder - the Germans lost. -Both of them.

[sasguru]

If an industry doesn't need help, it doesn't need help. That is the fact.

Not sure what's so hard to understand.

You're flailing now.
I just demonstrated that US protectionism worked for it.
Which part of that are you disputing and why?

[Robinho]

Well, of the bets the government made, som failed, some were spectacular successes; don't forget that most of the biggest innovations of the last hundred years came from government employed scientists who were given the freedom to innovate or research. The private sector hasn't produced a great deal of new stuff, but is very good at improving stuff that's already been invented.

We are 1 trillion in debt. It suggests the government is spectacularly poor at investing appropriately.

[sasguru]

I don't understand why so many of you fawning sheep fall over yourselves in order to extol the so called virtues of the Germans.
Anyone remember two world wars? reminder - the Germans lost. -Both of them.

It took the rest of the world to do it. Germany is only slightly bigger than Britain. Clealry they have some sort of excellence built in to their culture, if a complete lack of morality.

[DodgyAgent]

Well, of the bets the government made, som failed, some were spectacular successes; don't forget that most of the biggest innovations of the last hundred years came from government employed scientists who were given the freedom to innovate or research. The private sector hasn't produced a great deal of new stuff, but is very good at improving stuff that's already been invented.

Technology moves on at its fastest during war. we won two of them so our technology is better than that of the Germans, Japanese, Koreans and uncle tom's cobblers

[Robinho]

You're flailing now.
I just demonstrated that US protectionism worked for it.
Which part of that are you disputing and why?

First of all i never said steel in the US was uncompetitive.

Secondly, the biggest consumer of steel during WWII, was.......(Drumroll) The US government.

And they were rather bankrupt at the end of that war.

[sasguru]

First of all i never said steel in the US was uncompetitive.

But following your logic, protectionism would have led to more expensive steel would it not? Since there was no foreign competition.
Like most of the rest of the congregation, I'm struggling to understand your point if you have one.

Secondly, the biggest consumer of steel during WWII, was.......(Drumroll) The US government.

And they were rather bankrupt at the end of that war.

Really? The US was bankrupt after that war? Are you implying that was because of expensive steel?

How could they afford the Marshall plan then?

[Mich the Tester]

We are 1 trillion in debt. It suggests the government is spectacularly poor at investing appropriately.

You may be confusing 'investing' with 'spending'. Agreed that governments have wasted a lot of money, but somehow I don't think we're in debt because of making investments in industry or infrastructure; probably more to do with spending money on ever growing operational costs, and, lest I forget, rescuing private sector banks.

[sasguru]

I sense some frantic googling going on.

[sasguru]

Technology moves on at its fastest during war. we won two of them so our technology is better than that of the Germans, Japanese, Koreans and uncle tom's cobblers

I have news for you. Britain didn't win any of the two world wars.
HTH