1.3m jobs 'could go due to spending cuts', report says

1984ReturnsForReal_2

StevieJ wrote: »

Impressive if they can take so much out of public spending and still cut unemployment, did I not see a headline this morning - 'Private Sector, don't expect us to take up the slack'. I think the treasury forecast looks more logical.

The Private Sector would have to more than double the rate of employment it had at any point in the last decade or so.

In fact, probably ever...

Alan_Cross

1984ReturnsForReal wrote: »

I watched PMQs.

He can't deny it because its been written.

It was quite embarrassing for him when another MP stood up & asked if he could answer the questions because they were talking about 1 million people losing there jobs & what did Cameron think they would feel about him laughing & joking & ignoring the questions...

Cameron paused for a second then just carried on with the jokes.

What did you expect?

The man is a Tory toff. The idea of the seriousness of less privileged people's financial woes does not penetrate.

To him it's all about figures, the end justifying the means and anyone's querying of this is worthy of derision.

I'm sure this is all completely what the non-Tory vote was clamouring for at the election, wasn't it, you Libbydemmies..?

What price your precious sell-out, now?

Blacklight

marklv wrote: »

And it's a very big 'if'.

Indeed, but it's a plan. Doing nothing isn't an alternative.

1984ReturnsForReal_2

Blacklight wrote: »

Indeed, but it's a plan. Doing nothing isn't an alternative.

Its not a plan.

Its a hope, wish, imagination, fairytale.

tomterm8

Blacklight wrote: »

Anyone can add up the negative numbers and conveniently forget to add in the positives.



20 million jobs could go but if 21 million are created then unemployment falls.

You put a lot of faith in Treasury forecasts... which, when they come down to it are all based on the assumption of crowding out. That is, the assumption is that each £1 of government borrowing costs the private sector £1 of opportunity to borrow.

Or, in other words, the economy won't shrink as a result of shrinking government spending.

We will see. All the tea reading I do suggests, in my opinion, that we will have another recession fairly soon.

luvpump

So say the "Independent office for budget responsibility" yet another self styled "Think tank" full of there own self importance, ime no fan of former BOE policy member Blanchflower, but he said of this organisation ,
"It seems unlikely that this new body will ever tell [Osborne] not to slash, and it is unclear why three men and their dog can do better than the hundreds of economists at the Bank and the Treasury."

vaporate

Tories making ppl poorer and the rich richer as usual.

ILW

vaporate wrote: »

Tories making ppl poorer and the rich richer as usual.

Seem to remember that under Thatcher, the majority got richer.

vaporate

ILW wrote: »

Seem to remember that under Thatcher, the majority got richer.

Yeh the rich lol

She closed all factories.

The poor never get richer under the toffs in gov.

ILW

vaporate wrote: »

Yeh the rich lol

She closed all factories.

The poor never get richer under the toffs in gov.

Many who had not had the opportunities before, but did have the go and were prepared to work hard did pretty well, despite coming from humble beginnings.