cleggercon double dip here we come!

ivavoucher

dandy-candy wrote: »

A pointless thread by a Labour-until-death supporter. If we do double dip it won't be because Cameron has the reins, it will be because things are already sliding too fast to stop. If it's going to happen, it's going to happen - and would have done so whoever was in charge.

A pointless post by a Tory working class snob.
If we had followed Cameron’s advise when the world recession hit we would be far worse off now.
The do nothing policy.

Emy1501

So Mervyn King has now come out and said he is happy with the plans for cutting the deficit. So seems like he was never in agreement with GB/AD's plan anyway. Therefore if we get a double dip then its something we will have to live with.

Spartacus_Mills

ivavoucher wrote: »

A pointless post by a Tory working class snob.
If we had followed Cameron’s advise when the world recession hit we would be far worse off now.
The do nothing policy.

The OP is slavish in her devotion to all things Labour and the initial post in this thread was ill-informed and thoughtless. I thought the post about the thread was fair.

Still, I am sure ninky appreciates having someone to fight her battles for her.

kabayiri

All the parties were hoping for magic bullet "efficiency savings" to reduce some of the defecit.

People talking about cutting major IT projects and pocketing the cash straight away. The reality is there are contracts which have been signed, and it's not going to be that easy to change without incurring cost.

When it comes down to cascading 'cost cutting' responsibility down the public sector hierarchies, it does seem inevitable that 'the little guy will get it'. I don't think this has anything to with Tory/Labour biases.

angrypirate

ILW wrote: »

In its most basic form, by creating a product or service, or adding value to an existing product or service and then selling it to someone who has the money and is happy to pay for it.

I think many people in general dont understand this. I dont understand why - its the most basic principal.

The private sector makes money by providing a service or a product to someone willing to pay for it. This is taxed and the taxes raised are spent by the public sector to bring the public services free of charge.

Any deficit between the money spent in the public sector and the money raised by the taxes in a year, still has to be raised eventually. Running at a deficit is simply deferring taxes. And right now that bill of deferred taxes is running at something crazy like £36,000 per household.

dandy-candy

ivavoucher wrote: »

A pointless post by a Tory working class snob.

Actually if you'd even bothered to read any of my other posts you will see i'm not working class or a snob and have voted Labour in the past, but I guess it's quicker just to spew up random bile than research facts. As Mills pointed out Ninky is Labour's biggest fan on this board - she even couldn't bring herself to disaprove of their leaflets distressing cancer patients in there run up to the election in a different thread, so I think it's fair if some of us tire of her constant praising of Labour.

abaxas

ivavoucher wrote: »

when the world recession hit we would be far worse off now.
/QUOTE]

100% agree, but we would actually have started to fix it and would recover quicker.

Nothing has been fixed, we've just papered over the cracks. Ie we've taken the piankillers but the shark still has it's teeth round out leg.

Labour approach, take more painkilers.
Tory approach, shoot the shark.

StevieJ

ILW wrote: »

In its most basic form, by creating a product or service, or adding value to an existing product or service and then selling it to someone who has the money and is happy to pay for it.

Even if what you are producing is sold to the public sector

ILW

StevieJ wrote: »

Even if what you are producing is sold to the public sector

Only assuming the private sector are making enough to pay the public sector the taxes to pay for it. (Unless they just keep on borrowing more and more until it hits the buffers like in Greece).
Bottom line is, there is no public sector without a profitable private sector. (apart from on ninkys planet where they use some sort of magic money)

ILW

angrypirate wrote: »

I think many people in general dont understand this. I dont understand why - its the most basic principal.

The private sector makes money by providing a service or a product to someone willing to pay for it. This is taxed and the taxes raised are spent by the public sector to bring the public services free of charge.

Any deficit between the money spent in the public sector and the money raised by the taxes in a year, still has to be raised eventually. Running at a deficit is simply deferring taxes. And right now that bill of deferred taxes is running at something crazy like £36,000 per household.

Not sure whether it is don't understand or do not want to understand.