We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Ooh look... GB 1 - 0 Cleggertoff...

«134567

Comments

  • marklv
    marklv Posts: 1,768 Forumite
    The double-dip will come. The Tory obsession with cutting will result in huge job losses in the public sector and a domino effect throughout the entire economy.
  • abaxas
    abaxas Posts: 4,141 Forumite
    Double dip or Greece.

    Not sure you have made the right choice there.
  • purch
    purch Posts: 9,865 Forumite
    I'm still waiting for "real" proof that we are not still in recession, before I start worrying about a double dip !!!
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • Wookster
    Wookster Posts: 3,795 Forumite
    marklv wrote: »
    The double-dip will come. The Tory obsession with cutting will result in huge job losses in the public sector and a domino effect throughout the entire economy.

    All these arguments about double dips/ cutting spending and so on must be viewed in the context of the UK living beyond her means at the moment.

    It is plain naive to think that we don't need austerity measures in the very near future.
  • Alan_Cross
    Alan_Cross Posts: 1,226 Forumite
    Wookster wrote: »
    All these arguments about double dips/ cutting spending and so on must be viewed in the context of the UK living beyond her means at the moment.

    It is plain naive to think that we don't need austerity measures in the very near future.

    Ok, fine.

    But first answer me this: why have the cuts version of austerity - i.e. the version which is going to have its biggest effect on average and lower income groups?

    Why that, rather than the increased tax version, where you could ensure that the higher income groups and their jolly pals, the bankers, pay their due share?

    It's all cuts, cuts, cuts. When the state schools start complaining about their leaking roofs, do you believe for one instant that Dave and his Tory public school chummies are going to give a damn?

    When there is a gap between tax receipts and government expenditure, you have a clear choice between cuts to services and raising taxation.

    Anyone who thinks that what's coming is something other than a barely concealed Tory agenda must be living in cloud cuckoo land...

    ... and if I were a libdem supporter I would be scratching my head in pure despair over the betrayal of principle which is ongoing...
  • robin_banks
    robin_banks Posts: 15,778 Forumite
    Part of the Furniture Combo Breaker
    Alan_Cross wrote: »
    Ok, fine.

    But first answer me this: why have the cuts version of austerity - i.e. the version which is going to have its biggest effect on average and lower income groups?

    Why that, rather than the increased tax version, where you could ensure that the higher income groups and their jolly pals, the bankers, pay their due share?

    It's all cuts, cuts, cuts. When the state schools start complaining about their leaking roofs, do you believe for one instant that Dave and his Tory public school chummies are going to give a damn?

    When there is a gap between tax receipts and government expenditure, you have a clear choice between cuts to services and raising taxation.

    Anyone who thinks that what's coming is something other than a barely concealed Tory agenda must be living in cloud cuckoo land...

    ... and if I were a libdem supporter I would be scratching my head in pure despair over the betrayal of principle which is ongoing...

    We need a bit of both tbh, and I never thought I would ever type/say this but was kind of refreshing to hear Liam Fox talk about cuts in 'defence'.
    "An arrogant and self-righteous Guardian reading tvv@t".

    !!!!!! is all that about?
  • Wookster
    Wookster Posts: 3,795 Forumite
    Alan_Cross wrote: »
    Ok, fine.

    But first answer me this: why have the cuts version of austerity - i.e. the version which is going to have its biggest effect on average and lower income groups?

    Why that, rather than the increased tax version, where you could ensure that the higher income groups and their jolly pals, the bankers, pay their due share?

    It's all cuts, cuts, cuts. When the state schools start complaining about their leaking roofs, do you believe for one instant that Dave and his Tory public school chummies are going to give a damn?

    When there is a gap between tax receipts and government expenditure, you have a clear choice between cuts to services and raising taxation.

    Anyone who thinks that what's coming is something other than a barely concealed Tory agenda must be living in cloud cuckoo land...

    ... and if I were a libdem supporter I would be scratching my head in pure despair over the betrayal of principle which is ongoing...

    All this rubbish of agendas.

    When you are living within your means then this becomes a discussion, however until then its cutting your coat to fit your cloth.

    End of!

    How else can I put this... only a moron goes on spending what money he doesn't have on a grand lifestyle.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Wookster wrote: »
    All this rubbish of agendas.

    When you are living within your means then this becomes a discussion, however until then its cutting your coat to fit your cloth.

    End of!

    How else can I put this... only a moron goes on spending what money he doesn't have on a grand lifestyle.
    or it could even be put this way... only a simple moron with an agenda would want to stifle any growth in an already delicate economy.

    cuts are necessary but not cuts that will kill growth.
  • John_Pierpoint
    John_Pierpoint Posts: 8,401 Forumite
    Part of the Furniture 1,000 Posts
    chucky wrote: »
    or it could even be put this way... only a simple moron with an agenda would want to stifle any growth in an already delicate economy.

    cuts are necessary but not cuts that will kill growth.

    At just what point in this "cycle" would you decide to start cutting the percentage of GDP being paid out in interest payments? Go on give us all a number.

    Perhaps you think the government has a magic formula for "investing" this borrowing, which will make such a big profit that more than pays the cost of borrowing, remembering that this profit has to be earned from foreigners if it is to be a true profit for UK Plc.

    It is the Balance of Payments deficit that foreign lenders are looking at; more than the deficit created by excessive government spending.
    They have already seen their loans devalued by Gordon Brown by about 25% (fools thought they were investing in a petro currency like the Norwegian krona:rotfl:)

    Once bitten twice shy.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    At just what point in this "cycle" would you decide to start cutting the percentage of GDP being paid out in interest payments? Go on give us all a number.
    no idea - but i do know that killing your growth is a guaranteed way to push the economy into recession again.

    maybe that is what they want though...
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.1K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.1K Work, Benefits & Business
  • 603.7K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.