Who is best in charge of the economy?
- 22 March 2013 22:36221755But we will...under the present system...Never give up...
- 22 March 2013 22:57221756Barry, what you are saying is, we should give the Tories this one more chance, starting May 2010, by keeping unemployment at the same levels they found it 3 years ago, and increasing the Public Debt by several hundred billion pounds more than it was then.
And faithfully follow the Chancellor over the cliff while his only concern is to protect the accumulated riches of the elite and allow them to go on gathering more wealth.
The whole monetary system has come to an end, Barry, it's all debt, debt and debt, and started many, many decades ago.
It's over!Chanters, Drums and Drones Potty Time http://youtu.be/99fMqpjnXYA
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Kent First http://youtu.be/04F3mAP3fV4 Keep banging on http://youtu.be/qYCU_SKmkGQ - 23 March 2013 01:33221769SHTFplan.com has reported:
"A new documentary from Future Money Trends highlights the similarities between modern day America and the German Weimar Republic, one of the most infamous examples of out-of-control hyperinflation in history."
"The chickens were coming home to roost. Life was hard for many people.
The national debt had risen to a point that it could not be realistically paid back."
"The war had cost more than expected.
There was high unemployment.
Products and services increased in price.
Production had decreased significantly.
The government acted, providing liquidity to banks and inflating the currency.
Having left the gold standard, uncertainty loomed and the country's economy began to spiral out of control.
Sound familiar?
This was Germany, 1920."
Based on what is reported by SHTFplan.com, my view is that neither the UK Government nor the Eurozone leaders want to print more money to bail out banks, as they know that the balance could tip and hyperinflation could break out.
I'm sure those in high are aware of what would happen if it hits, and subsequently haven't really got a clue what to do.Chanters, Drums and Drones Potty Time http://youtu.be/99fMqpjnXYA
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Kent First http://youtu.be/04F3mAP3fV4 Keep banging on http://youtu.be/qYCU_SKmkGQ - 23 March 2013 07:51221777You Labour apologists are all soooo embarrassed at your foolish voting choices and yet you will go and do it again. You hate being reminded about this and you keep on wanting the same mistakes to be made again.
So yes - I and others will keep reminding you about how foolish you have been voting Labour.
Every single Labour government has ended in a financial crisis right from the very first time it was in power. They claim to want full employment yet every single Labour government ends with it higher than when it started.. It is no coincidence that our longest and deepest bust has come after the longest period of Labour government. That cannot be claimed about Conservative governments.
In the UK we are cursed with two of the three main parties that are wedded to high spending, the LibDems and Labour and it is that which drives us into crisis time and time again.
I am not saying that the Conservatives are perfect, far from it, but they are the best defence we have against the high tax, high spending fiscally irresponsible alternatives. In the meantime people like myself will keep pressuring the Conservatives towards policies that lead to smaller and smaller government.
Right now we do not have a Conservative government but one that is infected by the LibDems.
Yes Alexander - we need a Conservative government with the strength and leadership it had when Mrs T had to sort out the failing economy previously. - 23 March 2013 09:04221780True stupidity, Barry, is doing the same things all over again and expecting a different outcome.I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
- 23 March 2013 09:37221785that will always be the case with the 2 main parties, each of them have their own mantra that they cannot deviate from.
- 23 March 2013 12:01221819Sorry, folks, but the Public Debt now is so much higher than 20 or 30 years ago, even when taking in inflation.
The same to be said of collective private debt.
Unemployment is more than double than in the 70s.
And North Sea oil and gas is all but used up.
We've reached the end of a road.
You need to be pragmatic in analysing a situation, as I am, else you won't know how to solve a problem.
Comparing our situation today as to that in the days of M. Thatcher's government, Barry, is nothing short of hood-winking.
Chanters, Drums and Drones Potty Time http://youtu.be/99fMqpjnXYA
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Kent First http://youtu.be/04F3mAP3fV4 Keep banging on http://youtu.be/qYCU_SKmkGQ - 23 March 2013 12:59221827Who is best in charge of the economy? well obviously not a Labour apologist or a infected Liberal and as Osborne is making a complete pigs ear of it step forward Barry W, I am amazed Cameron has not seen the blindingly obvious already.Audere est facere.
- 23 March 2013 13:53221835no chance martin, barry will not take a drop in income.
- Brian Dixon
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23 March 2013 14:07221845and apart from that he dosent do politics. - 23 March 2013 15:58221877Brian. ?
"he dosent do politics". What?!
Chanters, Drums and Drones Potty Time http://youtu.be/99fMqpjnXYA
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Kent First http://youtu.be/04F3mAP3fV4 Keep banging on http://youtu.be/qYCU_SKmkGQ - Keith Sansum1
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23 March 2013 22:27221935well said post 78ALL POSTS ARE MY OWN PERSONAL VIEWS - 25 March 2013 08:14222086Alexander D wrote:Sorry, folks, but the Public Debt now is so much higher than 20 or 30 years ago, even when taking in inflation.
The same to be said of collective private debt.
Unemployment is more than double than in the 70s.
And North Sea oil and gas is all but used up.
We've reached the end of a road.
You need to be pragmatic in analysing a situation, as I am, else you won't know how to solve a problem.
Comparing our situation today as to that in the days of M. Thatcher's government, Barry, is nothing short of hood-winking.
Alexander - more people unemployed maybe but there are a lot more people employed as well. Back in the 70's most women did not work but stayed at home to look after the kids.
Seriously Alexander things change all the time but some things are constant basic truths. Right now the wealth generating part of the economy is carrying an excessive state sector burden brought about by spendthrift government. If we want a more sustainable and prosperous economy then we must massively shrink public spending and then limit public spending to no more than 30% of GDP. - Keith Sansum1
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25 March 2013 08:19222087And other economists think otherwiseALL POSTS ARE MY OWN PERSONAL VIEWS - 21 April 2013 16:34226345pick the bones out of this one, i always thought that the blues were trusted twice as much as the reds on this but the gap seems to be just a couple of percentage points although recently the gap has risen to 7, more importantly about three quarters of people don't think either are any good.
http://www.guardian.co.uk/politics/2013/apr/20/labour-ukip-poll - 21 April 2013 17:22226348Labour is going into a nosedive, even YouGov polls put them down from 45% a few months ago to 38%, but these polls never tell us how many people would not vote at all.
The Government is clueless and has no effective Sovereignty over Britain, and Labour is just a minority party supported by possibly no more than 10% of the population.Chanters, Drums and Drones Potty Time http://youtu.be/99fMqpjnXYA
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Kent First http://youtu.be/04F3mAP3fV4 Keep banging on http://youtu.be/qYCU_SKmkGQ - 21 April 2013 17:35226351rather hopeful of you alex the reds stand at over 30% in all polls. with regard to non voters the numbers stay at around a third and will no doubt be much the same at the next general election.
- 21 April 2013 17:45226354I'm going by the trend over the past 4 months, Howard:
Labour down from 45% to 34%.
A growing number of Labour supporters are going over to UKIP, while others are going over to the no-vote camp.
Ed Milly Band has nothing to offer the Nation other than an echo of what the Tory/LibDem Cabinet says.
He doesn't know what else to say,
Nick Clegg has already told Labour to stop copying and pasting his policies, and whatever policy the Tories come out with, Ed Milly Band repeats it a few weeks later.
We have various wavelengths on the radio: medium wave band, long wave band and the silly band.
Chanters, Drums and Drones Potty Time http://youtu.be/99fMqpjnXYA
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Kent First http://youtu.be/04F3mAP3fV4 Keep banging on http://youtu.be/qYCU_SKmkGQ - Keith Sansum1
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21 April 2013 18:02226360Alexander
your either with UKIP or your not, one day yes next day no9reminds me of another poster)
In reality(where the KCC elections will show0) My predictions are on there lets see whos closestALL POSTS ARE MY OWN PERSONAL VIEWS - 22 April 2013 12:54226440From #84
"Every single Labour government has ended in a financial crisis right from the very first time it was in power."
From today's Guardian...
"Charles Moore claims that Thatcher saved the country (Report, 20 April). But she herself defined Thatcherism as "living within your means". During 1980-2005, private household debt soared to £1.5tn, equal to total national income. Financial debt rose to £7tn. After the banking crash of which her policies sowed the seeds, public debt will reach £1.4tn by 2016, equal to GDP. These are the highest levels of indebtedness in British peacetime history.
"Living within your means" implies buying only what you can afford. In 1980, her first full year in office, the UK balance of trade in goods was in surplus by £1.3bn. By 1990, it was in deficit by £18.7bn, and because of her laying waste UK manufacturing industry it has steadily eroded ever since then till last year it reached £106.3bn, nearly 8% of GDP.
She set great store by "sound money" - that the currency should hold its value through restraining inflationary credit creation and giving priority to productive investment. Money supply, broadly stable in the 1960-70s, escalated five-fold by 1990 and then continued to rise exponentially to 2011, a 20-fold explosion after Thatcher dismantled all controls over bank credit. The money supply ballooned at a 12% annual rate when inflation was averaging only 3%-4% - an era of unsound [we'll have to wait to discover what actually was at the end of this sentence:Money/thinking?]
Thatcher also claimed to have made Britain strong again. In fact only 8% of this hugely increased bank lending went into productive investment; most of the rest went into inflationary housing and credit bubbles.
Michael Meacher MP
Lab, Oldham West and Royton"
http://www.guardian.co.uk/politics/2013/apr/21/thatcher-era-not-seamless-wholeIgnorance is bliss, bliss is happiness, I am happy...to draw your attention to the possible connectivity in the foregoing.