Britain has gone mad - Labour 'most trusted' on economy!

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the problem is BROWN and labour spin -basicaly he is full of waffle and bull but dangerous bull that will end in big big problems.
Yes there is a global problem and with us sub primes etc hoewver Brown was our chancellor from 97 to 07 and he is responsible for taking the uk into the huge debt with his wasteful borrowings and huge amout of wasteful public spending -during which time saw the decline of our "real" manufacturinbg base.
Add to this he allowed low interest rates which in turn created the huge increase in property prices and then the easy credit -which any sensible economist will tell you results in bust !
we need bring down the huge private debt and to reduce vat to encourage us to all to shop for tvs etc is crazy that money needs to be used to reduce credit card debts plus it only helps overseas manufacturers.
Now BROWN is taking us into even more debt he is crazy and he is yet again conning us all into believing his is the man to lead us through a recession.
Look yesterday he did not invite Germam chancellor Merkel -yes Germany has recession but not the huge public borrowings we have plus low interest rates means weak pound against euro and $ equals more expensive imports .

Brown needs to go asap -ok the Tories will then have to sort out this mess but it will not be easy -plus TBH we do need to enter the euro to bring stabilty.

ok thats my say

WTF?_2

SGE1 wrote: »

...or maybe they just consider a different set of criteria when assessing ability to handle the economy...?

I think a lot of people are thinking "which party is most likely to spend public money to bail me out"?

Given the huge growth in the public sector under labour and the ever expanding number of people coming to depend on government handouts in some form or other (e.g. tax credits) it's no surprise that people are going to favour the party most likely to keep handing taxpayer money out.

(it doesn't help that the Tories look like such lightweights with Cameron and Osborne either)

kennyboy66_2

The Tories have got probably the best qualified shadow chancellor / chancellor in Ken Clarke. Despite this he can't be given the job because it would upset the rabid anti-europeans within their party.
Still seems their priorities lie in anti-european and anti-immigrant rants. No wonder they aren't trusted on the economy.

drbeat

I don't really think it matters who is in govt. The monetary economic model is seriously flawed and operates primarly on the basis of Interest and Debt. So all this !!!!!! that we see is the inherit outcome of...wait for it...money!

Guy_Montag

I was listening to the radio t'other day & some pundit reckoned that when things look bad people get risk averse. When things are bad people are more likely to take a chance on trying something new.

Risk averse - Brown & Darling
Trying something new - Cameron & Osbourne

His opinion was that Brown needs to have an election soon, before things get any worse.

Personally I'm always surprised at the speed & variation of the swings. I mean I can imagine if someone really cocks up badly, I could see me losing confidence in them, but on the whole I tend to stick to my opinions of who would be good & who bad. Are there really that many people who's opinions flick at Murdoch's whim?

SGE1

ad9898 wrote: »

Like what?, Brown/Darling can barely add up/take away. The fact that they do not accept even the smallest responsibility for our current plight says a lot about their character, they are useless frauds.

Well, I for one prefer this Government to the Conservative alternative - and I'm not claiming benefits, I'm well educated (by unbiased international standards, not my own, before anyone has a go), and when I went to see my GP last week, he did not seem to think me suffering from any sort of mental illness.

I think you need to accept that not everyone sees things the way you do, and no everyone adheres to your kind of political philosophy. I would consider my values to be strongly related to those of New Labour - I have some socialist ideals, but am prepared to consider what the markets can offer to solve certain problems in society. I do not think public spending is haneous, so long as it benefits those who are less priviledged that me, and I do believe that Brown cannot, by any stretch of the imagination, be blamed for problems that are occurring throughout the world.

drbeat

SGE1 wrote: »

I think you need to accept that not everyone sees things the way you do, and no everyone adheres to your kind of political philosophy. I would consider my values to be strongly related to those of New Labour - I have some socialist ideals, but am prepared to consider what the markets can offer to solve certain problems in society. I do not think public spending is haneous, so long as it benefits those who are less priviledged that me, and I do believe that Brown cannot, by any stretch of the imagination, be blamed for problems that are occurring throughout the world.

No but he is certainly to blame for what is going on in the UK.

How old is New Labour now?

redux

At the moment the Tories' attitude is like the joke about asking for directions in Ireland - it's a bit complicated to explain; if I was you I wouldn't start from here.

Cameron occasional flirtations with the ghosts of Thatcherism now look completely mistimed, bringing back memories of her stubborn there is no alternative rebuttal of over 300 economists. Some of the electorate remember that that's when things really got worse, and unemployment trebled. This forthcoming recession may risk turning out comparable, but there's no need to take steps that would aggravate things and absolutely guarantee it.

So perhaps it's not surprising if people question Cameron and Osborne's will to start from here and head along the road less travelled. And while Cameron's attention deficit syndrome was changing the subject to Baby P, Brown and Darling did something decisive.

Conrad

kennyboy66 wrote: »

The Tories have got probably the best qualified shadow chancellor / chancellor in Ken Clarke. Despite this he can't be given the job because it would upset the rabid anti-europeans within their party.
.

I would have agreed with you until he said on Newsnight a couple of months back the BOE should only drop the rate 0.25% if at all.

Talk about not learning from past mistakes!

Cannon_Fodder

sdooley wrote: »

I doubt that government contraction is the right policy now. We were virtually the only rich country not to go into recession after the dot-com bust in 2000. That was almost all down to a big boost in government spending. That should have then been cut back when times were good in 2004-2007 (the pace of growth in spending was to an extent cut but not by enough)

Do I read this correctly that, us not going into recession in 2000 was a good thing?

Maybe, a minor recession then might have woken up the Govt, business and population to the problems of over-consumption, debt etc.

And put paid to Browns claims of abolishing boom and bust, at the same time.


And maybe, as a result, the current recession would not be so deep, prolonged or painful as it is increasingly looking to be...