Public Debt and Interest
- Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
18 September 2012 07:38191991reg what would your small wager to barryw consist of?ALL POSTS ARE MY OWN PERSONAL VIEWS - 18 September 2012 07:50191997I see so Reg wants a 'small wager' that people will not see through his and Milliminor's deceit.
I will have to give thought to what that wager should consist of. Interesting poll just been published - I have taken the following, appropriately, from Politicalbetting, written by Mike Smithson.
""""""""""""""""The dramatic polling news overnight from Populus had Labour move to a 15% lead over the Tories. The figures, with changes on the last survey from the pollster in July, were CON 30%(-4): LAB 45%(+5): LD 10%(-2).
That's the biggest lead we've seen since the election in a telephone poll where certainty to vote is one of the key determinants.
On the face of it, then, seriously good news for Ed Miliband and seriously bad news for David Cameron. But the Times report had this sting in its tail:
"When forced to choose between the two, 31 per cent want Mr Miliband to replace Mr Cameron at No 10. However, 60 per cent want Mr Cameron to stay in Downing Street, up 4 percentage points from June. Of the 60 per cent of voters who want the incumbent to remain, 23 per cent say this is because they are happy with the job Mr Cameron is doing.
The other 37 per cent say they are dissatisfied with the job done by Mr Cameron but still prefer him to Mr Miliband."""""""""""""""""""""""
With the, albeit slow, turn around in the economy Cameron's overall party scores should be on an upward path in the polls within a year or so as ultimately that is what the election will be all about - the economy.
So, yes a wager. A pint of real ale in Blakes.... - Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
18 September 2012 07:54192000a pint of real ale when cameron loses the election for the tories?ALL POSTS ARE MY OWN PERSONAL VIEWS - 18 September 2012 07:58192003Reg can buy me one when Cameron wins.
I will buy him one in the highly unlikely event that people will be insane enough to elect Milliminor. - Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
18 September 2012 08:01192004how strange barryw
insane enough??????????
save up barryw must get paulb and/or howard there to get the pics when you buy the pintALL POSTS ARE MY OWN PERSONAL VIEWS - 18 September 2012 13:42192081This has all gone over my head.
Trying to make a comparison to the original topic, I'd say that, by the time we got to Barry's version of 2015 election year, the official public debt would be at £75 billion a year, the unofficial much higher than that.
I'm not too sure where Greece, Spain, Portugal and Italy will be, economically, but imagine they'll be on the map anyway.
Most people probably wouldn't be able to afford a pint at Blakes, assuming they haven't closed down by then.
But, if we must get involved in Barry's numbers, then 45% + 10% = 55%.
So Labour+LibDems would equate to a majority.
Sorry Barry, bye
Chanters, Drums and Drones Potty Time http://youtu.be/99fMqpjnXYA
Rule Britannia!
Kent First http://youtu.be/04F3mAP3fV4 Keep banging on http://youtu.be/qYCU_SKmkGQ - 18 September 2012 14:02192084only under proportional representation alex, with out first past the post system a much smaller share of the vote is required to get an overall majority.
- 18 September 2012 14:20192085True, Howard. But it's like a game of tidliwinks:
an MP gets in Parliament owing to how far the constituency's electorate have pushed him/her in that direction.
General Elections are based on national economics, not local issues, so the mood of the day will prevail as it is perceived nationally by the masses.
So, my opinion is, when the Coalition got in in 2010, they cried murder at the £850 b. Debt (official debt). By Barry's version of 2015, it will be almost double that.
So if you've read Barry's postings from early 2010 onward, and compare this to reality, you'll realise that, contrary to Barry's statements, nothing has bee done to reduce the Public Debt, but that, instead, by 2015 it will have almost doubled.
Businesses and individuals will be coughing up ever increasing sums on taxes to pay the interest on the Debt, while Barry keeps telling us all that businesses should have tax reductions...
By Barry's version of 2015, every party except the Conservatives will be pasting these figures all over the billboards and on the news headlines, and ... sorry Barry, I don;t see a thin blue line making it into any sort of majority.
I've used an Excel sheet spread to make a graphic chart...
Chanters, Drums and Drones Potty Time http://youtu.be/99fMqpjnXYA
Rule Britannia!
Kent First http://youtu.be/04F3mAP3fV4 Keep banging on http://youtu.be/qYCU_SKmkGQ - 18 September 2012 14:31192086Oh gawd - one day what I have been explaining might, just might, sink in.
The debt was always going to increase like this but, under Labour's plans, more so than under the Conservatives.
The debt cannot be reduced until the deficit has been eliminated and there is a surplus in the current account.
I have argued all along that the spending cuts are not deep enough and too slow. The deficit is reducing though too slowly because there are not enough cuts and growth is below projections. - 18 September 2012 14:48192087Barry, I'm sure the Government read your posts on this topic of spending cuts.
Quite clearly they thought otherwise!
Chanters, Drums and Drones Potty Time http://youtu.be/99fMqpjnXYA
Rule Britannia!
Kent First http://youtu.be/04F3mAP3fV4 Keep banging on http://youtu.be/qYCU_SKmkGQ