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Poll: Who Will You Be Voting For In The Next General Election?
Comments
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You did selectively quote inflation under Labour of 23%, ignoring the fact that they had reduced it to around 10% when Thatcher took over.
You know how though dont you? by freezing pay rises which crippled the economy - which is why for the first couple of years there was higher inflation when Maggie first got in because like I have said before she was cleaning up labours mess.0 -
dannyboycey wrote: »This is why I would applaud the introduction of an eligibility test to determine whether one has the intellectual capacity to vote.
I'm sure the Nazis proposed a similar sort of test...0 -
There are some posters on here seemingly suggesting that the British Labour Party is somehow responsible for a global economic crisis!
Anyone like to explain how that works exactly? I'd love to know.0 -
storminbalder wrote: »There are some posters on here seemingly suggesting that the British Labour Party is somehow responsible for a global economic crisis!
Anyone like to explain how that works exactly? I'd love to know.
How nice Gordon has decided to post - welcome Mr Brown0 -
You did selectively quote inflation under Labour of 23%, ignoring the fact that they had reduced it to around 10% when Thatcher took over.
Labour were forced by the IMF to introduce monetarism which stalled inflation for a while. Then their 'Incomes Policy' held down inflation as did the fact that large parts of British Industry were in national ownership so prices could be held down by diktat in the short term.
Then the Winter of Discontent blew apart the incomes policy and meant that prices had to rise substantially, thus reigniting inflation.
Howe got it in the neck for increasing interest rates in the teeth of recession in the 1981 budget IIRC. It was necessary to bring inflation under control IMO.0 -
storminbalder wrote: »There are some posters on here seemingly suggesting that the British Labour Party is somehow responsible for a global economic crisis!
Anyone like to explain how that works exactly? I'd love to know.
Can you tell me how some countries are better placed to see through the bad times than others - then you will see why some people blame the Labour party.
GOLD - remember when britain had large gold reserves?0 -
storminbalder wrote: »There are some posters on here seemingly suggesting that the British Labour Party is somehow responsible for a global economic crisis!
Anyone like to explain how that works exactly? I'd love to know.
The ways of evil are many and various....:p
But one example was when in Rwanda this summer, I was somewhat disturbed to hear the enthusiasm for PPPs and PFIs "they have wrought miracles back in your country, Mr Blair has told us how wonderful they are - we want to start such programmes asap"; another exported chimera.0 -
storminbalder wrote: »There are some posters on here seemingly suggesting that the British Labour Party is somehow responsible for a global economic crisis!
Anyone like to explain how that works exactly? I'd love to know.
Let me see - 10 years of growth was due to Brown's 'prudence'. End to boom and bust remember?
So he took all the credit when it went (supposedly) right, so he has to take the criticism when it's not good.
Unless of course the boom years were also due to global factors and he had nothing to do with it?
All this reminds of when the US government were trying to put the notion in people's mind that Saddam Hussein was linked to 9/11 - repeat something often enough and the less cognisant will believe it...0 -
storminbalder wrote: »There are some posters on here seemingly suggesting that the British Labour Party is somehow responsible for a global economic crisis!
Anyone like to explain how that works exactly? I'd love to know.
I'd love to oblige but I wouldn't know where to start.... Somewhere around 1997 sounds about right though.
Anyhoo, nobody mentioned they were responsible for the GLOBAL crisis. Even labour are not that bad. The problem lies in the way they have encouraged the dessimation of values, the 'because i'm worth it' mentality, the free and easy credit scam (yes, scam...of course they had the brains to think through to how it might end) and finally, the propping up of a stalling economy with yet more debt and credit in 2005, probably their gravest mistake.
And, as mentioned above, I forgot to mention the shambolically shameless sale of our GOLD RESERVES, at a tenth of the value they are worth now.I'll have some cheese please, bob.0
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