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!

Why Labour lost

24567…11

Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    If you said to the general public that the budget deficit (£165 billion) is equivalent to around £5,689 per taxpayer in this country. Maybe their reaction would be different.

    As £5,689 is £474 per month, or £109 per week or £15.58p per day.
    does it all have to paid back in 1 year?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    chucky wrote: »
    does it all have to paid back in 1 year?

    Like a credit card. What's not paid this year needs to be paid at a later date plus interest.

    My observation isn't so much about economics as sound financial management.

    Something that's coming home to roost in the USA now.
  • nicko33
    nicko33 Posts: 1,125 Forumite
    chucky wrote: »
    does it all have to paid back in 1 year?
    naah, just roll each years awkward deficit into 1 easily manageable National Debt - then get the BoE to print some money to pay off the Debt ;)
  • Exocet
    Exocet Posts: 744 Forumite
    Can I just say I am not at all bothered why they lost, just glad they did.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Treating the public like mugs will backfire big time on Labour. As the dawn of realisation becomes fact.

    A bit cloud cuckooish that, election tomorrow and it would be a Labour win, in 12 months it will be a Labour landslide, LibDems stripped down to one or two seats in Cornwall and the Scottish Isles (if they are lucky).
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    dunstonh wrote: »
    Labour did what Labour always do. Spend until the money has gone and then borrow it and borrow too much. You then need a Conservative Govt to sort out the mess. However, if the Conservatives stay in too long they will cut things too much and Labour will be voted back in to start spending again. And so the cycle begins again.

    Checks and balances, very healthy.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    StevieJ wrote: »
    A bit cloud cuckooish that, election tomorrow and it would be a Labour win, in 12 months it will be a Labour landslide, LibDems stripped down to one or two seats in Cornwall and the Scottish Isles (if they are lucky).

    LOL!!!

    Cloud Cuckooish and that in the very same sentence. Brilliant!
  • leveller2911
    leveller2911 Posts: 8,061 Forumite
    edited 6 August 2010 at 7:46PM
    StevieJ wrote: »
    A bit cloud cuckooish that, election tomorrow and it would be a Labour win, in 12 months it will be a Labour landslide, LibDems stripped down to one or two seats in Cornwall and the Scottish Isles (if they are lucky).


    Oh perlease Stevie,
    the truth is Labour did some good for the country, but sadly this was out weighed by the problems they caused.

    Labours problem was the cabinet and policy makers were all middle class,highly inteligent people who had no common sense and who believed they knew what was best for the country and the working class as a whole...They believed they could manipulate the masses by making them rely on benefits(tax credits etc) when in fact I know how to spend my money far better.

    Rather than create employment through investing in industry,creating a skilled workforce to take the country on they just sat back and kept taking the golden eggs from the golden goose(Banking sector) which could never last and was doomed to fail..........

    Their Shocking actions will have repercussions for decades to come...............I have lived under both Tory and Labour governments in the 70,s and 80,s and to be honest they were all sh1te so why single out the Tories now? Your obviously an educated guy so why act so naive?
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Never mind pact or not, won't be long to the next election ;)
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • leveller2911
    leveller2911 Posts: 8,061 Forumite
    StevieJ wrote: »
    Never mind pact or not, won't be long to the next election ;)


    Are you Trolling Stevie?, you bad boy.I know its Friday and the start of the weekend but have you hit the sauce early?:D
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
  • 352.1K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K 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.
Update Your Picture