The Last 5 Major Uk Recessions

Realy

!!!!!!? wrote: »

Lower interest rates will make little difference because either the umployed person has savings (from which they gain from higher interest rates) or the government sticks it's hand in the taxpayers pocket and takes out the cash to pay the interest for the unemployed person,

Stop coming up with spurious humanitarian sounding arguments* to cut rates - it just shows how desperate you are getting.

:rotfl: :rotfl: :rotfl: :rotfl:

*You do make me laugh you do this nearly every post.

I have argued lower rates for hopefully retaining some jobs. It is you who as deflected this on to housing

StevieJ

Realy wrote: »

I smell a fool, did you not see the income protection bit.

Have we got a teacher blah blah blah....

Hope he isn't a teacher or all hope has gone for the next generation.

WTF?_2

Realy wrote: »

But if you find a job all be it lower paid in those 13 weeks you would be worse off.
It is not hard to work out.

Anyway I am sure most on here are arguing rate cut for hopefully less job cuts not as a small rescue package for the unenployed.

During those 13 weeks, you are worse off by the difference between interest repayable on the morgage debt and interest generated by these savings in that approx 3 month period. Hardly a strong argument to cut national interest rates on 'compassion for the soon to be unemployed' grounds.

Realy

StevieJ wrote: »

Hope he isn't a teacher or all hope has gone for the next generation.

If he is the kids would be interupting every 5 seconds saying "No Sir thats wrong.";)

vigesimal

Realy wrote: »

I bet you don't never have never will.;)

The good thing about a recession is that we can get rid of the employees with the immature attitudes.

Realy

!!!!!!? wrote: »

During those 13 weeks, you are worse off by the difference between interest repayable on the morgage debt and interest generated by these savings in that approx 3 month period. Hardly a strong argument to cut national interest rates on 'compassion for the soon to be unemployed' grounds.

Yo did it again. ignor half my post compleatly and make some assumption! I have clearly stated now 3+ times now on threads you have responded to that I want rates for greater job retention going in to recession!

Realy wrote: »

But if you find a job all be it lower paid in those 13 weeks you would be worse off.
It is not hard to work out.

Anyway I am sure most on here are arguing rate cut for hopefully less job cuts not as a small rescue package for the unenployed.

PS the saving go down every payment you make.
For some one who is ment to be switched on I am surprised you can not work out if you have debt that is better to have the debt interest lower than your savings interest.:rolleyes:

Realy

vigesimal wrote: »

The good thing about a recession is that we can get rid of the employees with the immature attitudes.

Good job your self employed then.:rolleyes:

StevieJ

vigesimal wrote: »

The good thing about a recession is that we can get rid of the employees with the immature attitudes.

See ya. :rotfl::rotfl::rotfl::rotfl::rotfl:

vigesimal

StevieJ wrote: »

Hope he isn't a teacher or all hope has gone for the next generation.

Not a teacher. I have just retired early and handed over my business to my capable sons.

Realy

vigesimal wrote: »

The good thing about a recession is that we can get rid of the employees with the immature attitudes.

Sorry so your business as survived so many recessions (so you say) and you want what interest rates to stay the same or go up.

Are you a liquidator?