Originally posted by AtW
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Reply to: Boris burrow
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Previously on "Boris burrow"
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Originally posted by vetran View Post
1812 - 1830 - Conservatives.
The Tories are trying to hit two decades looks like they might.
They will hit the money wall soon but I can't actually blame them for the pandemic.
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Originally posted by AtW View Post
Poor buggers did not think of printing money via "independent" BoE buying Govt gilts, total suckers - thank God we've got proper fiscal con-servatives running the country (into the ground).
https://www.theguardian.com/business...-crash-2009-qe
Bank of England continues on money-printing path it set out on in 2009
QE increase of £100bn shows Bank’s answer to all economic problems is still to print cash
The Bank of England’s decision to increase quantitative easing by £100bn at its June meeting to support the economy through the coronavirus crisis follows a well-trodden path.
Ever since the central bank began to print money and inject it into the financial system after the 2008 financial crash, its answer to any and all economic problems has been to print a bit more.
Interest rates have moved up and down a little over the last 10 years, but in such a narrow range – from a high of 0.75% in 2018 and 2019 to the current 0.1% – that it has had only a limited impact.
Bank of England boosts bond-buying programme by £100bn - as it happened
Quantitative easing on the other hand has expanded from £200bn in 2009 to £745bn today.
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Originally posted by vetran View PostThough Labour managed to run out of money in 13 years.
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Independent Scotland, Unified Ireland and the EU will be grateful to Boris for paying for their tunnel
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Originally posted by d000hg View PostEh? When has any party been in power for multiple decades?
https://en.wikipedia.org/wiki/List_o...sh_governments
Though Labour managed to run out of money in 13 years. You ae underselling them.
https://www.theguardian.com/commenti...neral-election
The Tories are trying to hit two decades looks like they might.
They will hit the money wall soon but I can't actually blame them for the pandemic.
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Originally posted by OwlHoot View Post
It'll be a damned site less calm if Boris's diggers set off the million tons of munitions dumped in Beaufort's Dyke!
Build some flaming houses, fix death-race motorways, do the important bits on hS2, get broadband acceptable in rural areas and start businesses outside the south east.
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Originally posted by _V_ View PostPlease, please, please, vote out these clowns that have bankrupted this country. These Tories have done in a few short years what it takes Labour decades to do.
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Originally posted by vetran View Post
It was and then someone pointed out the Irish Sea isn't all that calm and we have a tunnelling machine left over somewhere. ...
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Originally posted by Fraidycat View Post
Might of voted labour if they had put up a decent centrist team, promising no tax rises.
McDonnell as chancellor, as hard to imagine would have been even worse than Sunnak. In 2006, McDonnell said that "Marx, Lenin and Trotsky" were his "most significant" intellectual influences.
Top rate of Income tax, Inheritance Tax, CGT would be 50%+ now, and corptax atleast 35% under McDonnell.
He would have had the cover to do all the above in order to pay for his Covid bailout bill which would have even higher than Sunaks.
The £20 a week uplift to benefits that Tories have done, would have been £200 a week under Corybn and McDonnel.
HTH
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Originally posted by _V_ View PostPlease, please, please, vote out these clowns that have bankrupted this country. These Tories have done in a few short years what it takes Labour decades to do.
McDonnell as chancellor, as hard to imagine would have been even worse than Sunnak. In 2006, McDonnell said that "Marx, Lenin and Trotsky" were his "most significant" intellectual influences.
Top rate of Income tax, Inheritance Tax, CGT would be 50%+ now, and corptax atleast 35% under McDonnell.
He would have had the cover to do all the above in order to pay for his Covid bailout bill which would have even higher than Sunaks.
The £20 a week uplift to benefits that Tories have done, would have been £200 a week under Corybn and McDonnel.
Leave a comment:
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