Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
Barry, as long as the Government has a chance to do the right thing, I won't hammer at it for the sake of it (for the sake of hammering at Gov.). But presently, economic growth has been suffocated, and that is quite independent from cuts in public spending.
Surely you have noticed that Labour is 10 percentage points ahead of the Tories in public approval, and the last local elections the other week must have rammed home a shock wave to the Conservatives.
Unless the Gov. does something that can get economic growth up and running, and I mean pretty soon, the chances will fade away.
What we are missing is the possibility of local Councils to have each their own economic board for local economic development, with sufficient funds to make necessary interventions in the local economy.
This is a fundamental part of my Economy programme (as highlighted in my second Forum post in 2010), and it happens to coincide with official Government policy as of May 2010.
Council budgets are being cut by up to 40% over four years, but no powers have been given to the Councils to enhance their own local economy, say at District and County level.
Unless this is seen to, we are stuck in Limbo.
Guest 653- Registered: 13 Mar 2008
- Posts: 10,540
Thank You Martin.
The hard-times you have suffered under a Conservative/Coalition Government have probably been because everytime the Cons. follow Labour, they have to put the economy right after years of financial abuse.
Labour = Big Government and high taxes.
Conservatives = small Government and low (if at all possible) taxes.
It always takes a while to sort out the public accounts as so much is over-spent during their tenure in poffice; the Tories sort out the economy and then get blamed for the necessary hard-times and that's why there's a change of Government.
Roger
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
roger,i have found the oppisit,
at least labour will spend when needed,the torys on the other hand wont,nearly allways hike taxs etc to make ends meet with out sucsese.
Let us just remind ourselves how long the previous Con govt was in place before Lab took over. Each has the opportunity to continue blaming the other and the country blames anyone it can see in authority. After a significant period of time in power it is disingenuous to keep blaming the previous lot!
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
The problem Brian is that Labour just cannot stop spending and they keep on spending driving the economy into the ground. You cannot spend yourself out of debt prblems.
Martin. Those who blame America for the UK's economic problems or just the 'global recession' or even the Euro simply ignore the many serious errors by Brown that I have pointed out many times in the past that placed the UK in such an appalling position at the start of the cyclical downturn in 2007. Nobody, not America, not Europe, none other then Gordon Brown was in charge when he went on his spending spree during the part of the economic cycle when he should have been 'balancing the books'. Or when he got the inflation brief to the Bank of England wrong keeping interest rates too low too long, or when he screwed around with banking regulation etc. etc. You cannot blame anyone else for that irresponsibility. Now we are suffering the consequences.
The fact that some other European countries were also fiscally irresponsible over the same period and also were daft enough to join the Euro is no excuse.
Just a quickie: where was the Governor of the Bank of England during those decisions?
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
bern;
i think we are at one on the issue of blame
labour will attack the tories whilst in opposition(and vice versa)
and as roger/barryw are doing at the moment just blaming labour for all camerons failings, without facing up to the issues
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Bern - he was not involved - the Treasury under Gordon Brown are in charge of fiscal policy while placing the BoE in change of Monetary policy. At the same time they downgraded the BoE's role in bank regulation bringing in the FSA. Brown gave the BoE its parameters for monetary policy which excluded debt levels from their decisions on interest rates.
Keith - I know you like to hide away and deflect blame but responding directly to what you refer to how was Cameron in any way responsible for the economic mistakes I referred to that placed the UK economy in such an appalling position in 2007 when the downturn started?
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
barryw;
i don;t think anyone disagrees where some of the problems started
but it was all to be sorted by one term cameron
sadly he is a weak leader u tur
after u turn
the present enquiry will give him more problems that he hoped wouldnt come out, so in a balanced reply,
maybe some of it lies with cameron
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Oh there is more Cameron and Osborne should do, I agree. They need to cut spending more, cut certain taxes more and get shot of a swathe of red tape. None of which you would approve of.
Guest 715- Registered: 9 Jun 2011
- Posts: 2,438
I am getting the picture now , the Conservatives have to right the wrongs of the previous Labour Government, does the reverse also apply? no I thought not
Audere est facere.
Guest 653- Registered: 13 Mar 2008
- Posts: 10,540
There's usually been no need to Martin.
Roger
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
``DDC - no change at the top ``thread ..# 134.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Martin - no-one can claim the reverse. Every Labour government has left office having brought about an economic crisis through excessive spending. That is not the case with Conservative governments, including the last one when Labour inherited what was called a 'golden economic legacy.
Guest 715- Registered: 9 Jun 2011
- Posts: 2,438
It begs the question then Barry why have the electorate not elected a Conservative government for so many years now?
Audere est facere.
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
because they cant be trusted,they [the torys] want to sell every thing off and raise taxs all the time.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Martin - a good question..... we certainly need a strong Conservative government now that can do what is needed rather than fluff around as they are doing now.
