Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
...the crisis caused by 'big government' gets deeper and deeper all the time.
Now nearly a quarter of the Spanish are unemployed. Make no mistake governments cause this with their red tape, excessive tax and massive spending. In Spain, as in other countries, the Euro is making things even worse. The British recovery, even though we are not suffering from Euro membership, is still being adversely affected by the vanity of Eurozone politicians placing themselves before the real economic interest of their populations.
We are seeing the socialist dream of cradle to the grave, welfarism and interfering big government in its death throes. Common sense must win out eventually and it can start by decoupling weak economies from the debilitating shackles of the Euro and then for them (and us) to make big spending cuts.
http://www.reuters.com/article/2012/04/27/spain-economy-idUSL6E8FR3FE20120427Guest 710- Registered: 28 Feb 2011
- Posts: 6,950
The rise in unemployment levels across Europe is in answer to your own calls for cuts. That these levels appear to increase only and that there is no sort of rise in economic activity in the region you can blame on whatever floats your boat, but why you cry out for a return to the eighteenth century or earlier is beyond me.
Just how does making hiring and firing easier reduce the unemployment level? If anything, a return to the employment practises of long ago shall rely most heavily, yet again, on high levels of unemployment. How can you hope to keep a worker at-task by threatening him/her with the sack without the clamour of other flea-bitten starvelings at the door?
Ignorance is bliss, bliss is happiness, I am happy...to draw your attention to the possible connectivity in the foregoing.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
we can all argue about the cause that doesn't stop the effects however.
52% of spain's youth are signing on, a recipe for social disaster.
the contagion is spreading and the austerity measures are being meted out to those who didn't cause the problems.
we will have to wait and see if the likely new president in france carries out his growth plans and then see who is right.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Nothing to do with the 18th Century Tom... This is very much a 21st Century issue, just look at the more successful economies in the world today, economies we have to compete with. They are not burdened by top-heavy big government, high taxes and high public spending. Socialism and employment protectionism is a massive failure causing mass unemployment as did trade protectionism in the past.
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
# 3 Agree....and because we still have 90% of our austerity cuts to come we will experience similar measures being meted
out here to our people who didn`t cause the problems.
We have had zero growth for two years and no expectation of any economic growth in the next year or beyond under
present policies.
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Reg the present recession started in August 2007. Blair knew what he was doing bailing out when he did.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
Will Cameron?
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
here we go again the blame game.thats it barry blame every thing on the euro and europe,and of course not forgetting gordon brown/tony blair yet again.just look at any bank note to the true answer.
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
Interesting way of deflecting from 25% youth unemployment in Britain, Barry: "just look at Spain, they have got 50% youth unemployment".
You mention economic recovery in Britain. What economic recovery? A double-dip recession, payday loans ever increasing, unemployment surging upwards...
And you think we have problems, you say.
We have problems, Barry, they are self-inflicted. One silly party in May 2010 was replaced with two silly parties.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Alexander -read what has been said and try to understand what and who says something before commenting on it. Some understanding of the issues may be helpful too.
More of Labour's voodoo stuff from Reg - no doubt wanting more of what got us into the mess.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
and still no mention of how to get out of it.
Guest 745- Registered: 27 Mar 2012
- Posts: 3,370
Until we produce what we purchase, the money and the jobs will keep going east
Mass unemployment will eventually bring communism or nationalism
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
Mass unemployment, Barry, that is what I read. It will eventually bring a change, the Establishment has ruined our economy.
Guest 664- Registered: 23 Mar 2008
- Posts: 1,039
Mind you governments can also create successful industries with central planning.
Example: South Korean steel industry - an idea that seemd laughable at the time but has grown into a major wealth creator for their country.
Guest 745- Registered: 27 Mar 2012
- Posts: 3,370
andrew Manufacturing in the cheep imbalanced currency's of Asia,
Exporting to the expensive currencies of the west
They cannot looses,
haw long will America tolerate this imbalance
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
howard you are correct this carry on that unemployment is ok cant go on.
promised jobs from the private sector just not there
young unemployed highest ever
and this has only just begun
ALL POSTS ARE MY OWN PERSONAL VIEWS
Ross Miller
- Location: London Road, Dover
- Registered: 17 Sep 2008
- Posts: 3,707
Whilst wage imbalance will never be eliminated the gap between East and West will diminish, as is already evidenced in China, where upward wage pressure due to rampant Western style consumerism is making them less competitive and seeing cheap manufacturing demand move to other countries. There is only so long this merry-go-round can continue before the marginal value accrued by lower wage manufacturing is eliminated through shipping costs etc. at which stage demand will start to move back westwards.
The fallacy of the policy approach from most right of centre governments is that without directed expenditure to boost either private sector job creation or the creation of public sector roles we will actually see a short to medium term rise in expenditure due to benefit demand or a significant increase in poverty if a cap is placed on the benefit budget - frankly neither is civilised or acceptable
"Dream as if you'll live forever. Live as if you'll die today." - James Dean
"Being deeply loved by someone gives you strength,
While loving someone deeply gives you courage" - Laozi
Guest 745- Registered: 27 Mar 2012
- Posts: 3,370
Keith youth unemployment is the result of liberal thinking in schools
And an abundance of cheep semi skilled labour from the expanded EU
I say semi skilled because if the barristers doctors architects and a like where being shafted, and having wage cuts, this would cum to very fast stop
Employers used to employ the young to fill the gaps in the workforces and bring them up to speed, because they had no other options,
But after Thatcher signed us up to masttricked and labour opened the flood gates
Hay presto a generation fu—k over
Think back to your own work starting experiences
Guest 745- Registered: 27 Mar 2012
- Posts: 3,370
Ross the wage in Thailand in a car factory is 200 bart a 10 hour day
This is £4 .
By the time they get to £50 a day we will have no skilled workers left du to old age
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
The reality is, that the present Government has placed the British economy on machines:
they regularly print Qantitative easing money - actually it's digital money and not even printed - to the tune of tens of billions of pounds every few months.
The economy is actually dead, and is only reacting to impulses from the Bank of England.
The sovereign debt is at £1 trillion - trend increasing. That's 150 billion more that it was when LabourGloom left power in May 2010.
Quantitavie easing will lead to hyper-inflation and a crash of the currency, only it usually kicks in several months to a year afterwards. This digital printing of - to date - several hundred billion pounds in QE, serves only to keep the banks alive in the UK, and the share markets.
It is never directed at solving mass unemployment.
QE also massively increases the sovereign debt, having a terrible effect on the budget.
ToryDoom and their partners the Eu-rophiles have made a sheer mess of what was already a total mess, they are sacrificing another generation and have completely lost the plot.