Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#21
Just about everyone who is turning a blind eye to the financial facts of life, Howard.
The idea that you can buck the markets is utterly insane. The lessons are there to be seen. We are no different.
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
#22
right wing barryw must be right lol
how dare any of you say otherwise lol
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
#23
Osborne has introduced a plan B that does not take directly from the Treasury, at least at first glance, but is intended to take from the pockets of all people who are not among the extremely rich.
The extremely rich. though, will see the 50p rate abolished, and will be paying less tax on their masses of income, and will get even richer.
The big building projects that Osborne wants to carry out are the heritage that came down from Labour, and in fact Labour are all behind him on this, supporting him.
If I recall rightly, Charlie Elphicke MP Dover and Deal had proclaimed on his blog prior to the election 2010 that he considers Britain congested, and doesn't want any more projects aimed at further congesting our Country.
CHARLIE, WHERE ARE YOU NOW?
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#24
Keith - Its the financial facts of life that are right. Those wrong are those whom ignore them despite the lessons.
Alexander - 'Plan A' was and is deficit reduction. That is what is important, As long as Osborne sticks to that then Plan A remains in place. The alternative is financial meltdown.
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
#25
barry,plan A is not working,time for a posative plan B.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#26
Plan A Brian is called deficit reduction. You are right in one sense, that EU problems are damaging one part of the deficit reduction plan, growth, but that simply means other measures must be taken to reduce the deficit instead. I have said all along that there are not enough cuts being made and I am being proven right. Osborne is doing only what is needed to for the markets, he is a politician after all. For longer term prosperity we need to have much, much bigger cuts and to get public spending right down as I have said many times, but for now we just need increased pressure on that deficit or we will be facing the same problems as Italy and Spain among others.
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
#27
barry,i didnt mention the eu,but if osbourne used his brain a bit more often theres a whole world out there he could have gone to,to help with the recovery without these heavy cuts.
Guest 698- Registered: 28 May 2010
- Posts: 8,664
#28
Brian that would just increase the deficit faster.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#29
LOL - Peter, some people just cannot and will not face the facts no matter how much we try to drum the facts of life into them. If they run their personal finances in the way they seem to think the government can they would be bankrupt in very short order.
The mind just boggles at how some people seem to think a government can simply keep on spend, spend spending and borrowing without severe consequences. Astonishing.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
#30
4 million unemployed and all is fine
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#31
Your point is Keith?
No that is not fine, it is one of the consequences of poor fiscal and monetary policy for over a decade. It started rising steadily under your government. This does not change the financial facts of life that now have to be dealt with and you will not get more employment by driving up gilt prices as a result of losing the confidence of the markets.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
#32
barryw;
promises were made the private sector would pick up a lot of the slack an all these jobs would suddenly appear
of course we are in pantomine time and iot didn't happen, in fact even the private sector are shedding jobs.
so yep 4 million unemployed has lots of implications
ALL POSTS ARE MY OWN PERSONAL VIEWS
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
#33
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#34
Strange Howard - other reports and surveys show considerably more confidence in Osborne and Balls and quite rightly so.
Keith - no government can promise anything of the kind the only thing a government can do is create the conditions for business to do that and this is what the government said would happen. I think, however they need to do more to create that environment in an increasingly hostile international situation damaging the market for our exports. I have previously posted on the things the government should do that they are not doing to do that, all things which you would oppose like dropping the 50p rate and reducing the burden on business by cutting public spending more so business taxes call fall more quickly.
Guest 640- Registered: 21 Apr 2007
- Posts: 7,819
#35
Another one just in from Reg
again Dave Brown of The Independent
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Flashman; Wonder how Danny`s tree is doing!!!!!
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
#36
That looks like rocking horse poo then
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#37
See my blog today (will be up until Saturday am)
I address these issues and the financial hurricane that will soon hit. Brace yourselves for an even rougher ride ahead. The sooner it happens the better and the sooner a recovery can really start...
