Tories say they would keep rates low when they win General Election

purch

"monetary activism, fiscal responsibility and supply-side reform."

It's the Fiscal Responsibilty that will be the hardest part to deliver in the shorter term.

Dan:_4

chucky wrote: »

tha's because those wanting a cheap house are expecting the tories to increase rates dramatically and get them that cheap as chips property.

sorry, it's not going to happen - chin up though :money:

Yes, they also are under the impression that Torys = high interest rates, because thats what happened during the 90s recession :rotfl:

kabayiri

foxy-roxy wrote: »

I don't trust the Tories, i think we would be in a worse situation if they were in power.

Hear, hear....

We have a direct comparison between :-
a) the Tories unproven future ability to destroy our wealth
with
b) Labour's PROVEN ability to destroy our wealth.

Flash is in no position to preach fiscal prudence to the populace in coming years, giving his complete lack of such practise on a national level. Unions know this, and are just trying to grab as much as they can for their own members.

Masomnia

kabayiri wrote: »

Hear, hear....

We have a direct comparison between :-
a) the Tories unproven future ability to destroy our wealth
with
b) Labour's PROVEN ability to destroy our wealth.

Flash is in no position to preach fiscal prudence to the populace in coming years, giving his complete lack of such practise on a national level. Unions know this, and are just trying to grab as much as they can for their own members.

I think Brown's probably !!!!!!ed whatever happens.

If they don't win the GE, he's obviously gone.

If they do and we haven't come out of recession, then his position is untenable, and they'll get rid of him. If we have come out of recession, people will want someone new and fresh to lead us through the process of recovery.

I can't see Brown fitting into the picture anywhere.

Pete111

foxy-roxy wrote: »

I don't trust the Tories, i think we would be in a worse situation if they were in power.

I very much doubt we would have spunked anything like as much (largely wasted) cash on the public sector....as such I disagree as I suspect we would be running far less debt.

Maybe they things would have been nearly as bad (they would have no doubt allowed the city to run riot also). but certainly no worse.

Time for a change methinks.

P

michaels

Just to prove the Tories are as good at 'pre-spinning' as the current administration (see any blog entry by Robert Peston) they have trailed this on 'Sephanomics' blog:

http://www.bbc.co.uk/blogs/thereporters/stephanieflanders/

inspector_monkfish wrote: »

12:15 15Sep09 UK Opposition Would Seek Loose Monetary Policy From BOE

LONDON--The U.K. opposition Conservative party would want the Bank of England to keep monetary policy loose for as long as possible if it wins a coming general election, economic spokesman George Osborne said Tuesday.

nembot

chucky wrote: »

i don't think they would have a choice

What chucky said^^

Out,_Vile_Jelly

I expect the Tories to be saying all sorts of things in the run up to the forthcoming election, no doubt culminating in Moomin-face Cameron promising to personally write a cheque for £500 to every person in the country, and arrange for them to go on a date with the celebrity of their choice once he gets in.

I wonder how many years down the line they'll continue to blame the outgoing goverment? I could only blame the temp before me for a couple of months.

JayScottGreenspan

They all want to keep rates low. It's what circumstances will allow that is important - that's what really determines rates.

Throw in the end of QE and a few gilt auction failures and rates may go up. People aren't stupid - when the Treasury need to borrow hundreds of billions they are gonna get charged a decent rate.

puddy

how would rates rising, get properties cheaper though?? is it because there would be less people wanting to buy so the prices go down?