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Postpone some of the cuts?

1246723

Comments

  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I think that history would show that it is bad for us but not to will be a legacy of our generation's cowardice, I'd rather be remembered as having lived at a time where courageously we struggled to put our wrongs right and didn't pass them on than just kicked them down the road.

    I would rather listen to the experts if you don't mind :p
    '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
  • ILW
    ILW Posts: 18,333 Forumite
    StevieJ wrote: »
    I would rather listen to the experts if you don't mind :p

    you can find "experts" for all sides of the argument. Many who have proved themselves wrong in the past.
  • StevieJ wrote: »
    I would rather listen to the experts if you don't mind :p
    Sadly those experts have been ignored since about 2000-2001 by our politician, and that's of all persuasions. It's our leadership that chose the route forward which we are now trying to avoid paying for. We voted, so let start sorting this out and not let history show that we too kicked this mess down the road.
  • ILW
    ILW Posts: 18,333 Forumite
    Sadly those experts have been ignored since about 2000-2001 by our politician, and that's of all persuasions. It's our leadership that chose the route forward which we are now trying to avoid paying for. We voted, so let start sorting this out and not let history show that we too kicked this mess down the road.

    I think it is pretty well known that Gordon Brown took advice from nobody, he was truly convinced that he knew best.
  • Sir_Humphrey
    Sir_Humphrey Posts: 1,978 Forumite
    ILW wrote: »
    The theory is the same, increasing the amount of borrowing every month or year finally hits a point where the money needed to service the interest alone is more than income. = No public services whatsoever.

    Go away, find out how bond markets work and then come back here with some knowledge of what you are talking about.

    You are talking nonsense, nonsense which is currently wrecking the economic recovery and blighting people's lives.
    Politics is not the art of the possible. It consists of choosing between the disastrous and the unpalatable. J. K. Galbraith
  • ILW
    ILW Posts: 18,333 Forumite
    Go away, find out how bond markets work and then come back here with some knowledge of what you are talking about.

    You are talking nonsense, nonsense which is currently wrecking the economic recovery and blighting people's lives.

    Increasing debt in the slow periods and reducing in the good periods is fine, trouble is that we have reen increasing the debt in both the good and bad times. I believe that current interest payments alone are around £120,000,000 per day and increasing. It has to fall over at some point.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I came to find discussion.

    Instead I got more "labour wouldnt do that, nasty nasty nasty tory party, they are so nasty, so I'll call them names".

    Great. Learnt lots.
  • tomterm8
    tomterm8 Posts: 5,892 Forumite
    Part of the Furniture Combo Breaker
    I came to find discussion.

    Instead I got more "labour wouldnt do that, nasty nasty nasty tory party, they are so nasty, so I'll call them names".

    Great. Learnt lots.

    It is ideological on all sides. There is very little meaningful debate to offer about a topic where it is mainly faith on both sides, rather than economics.

    I largely gave up on the subject: I don't believe the deficit is anywhere near the most serious problem facing our nation. The deficit is largely a symptom of the problem, and not the cause.

    Neither do I think the Tories have even made a start tackling the fundamental problems. Maybe because no one really knows how?

    And I don't think the Labour party would have done any better either...
    “The ideas of debtor and creditor as to what constitutes a good time never coincide.”
    ― P.G. Wodehouse, Love Among the Chickens
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I came to find discussion.

    Instead I got more "labour wouldnt do that, nasty nasty nasty tory party, they are so nasty, so I'll call them names".

    Great. Learnt lots.

    No you didn't you came to write the comment that you wrote, I think they call it stirring in other circles and becoming quite repetitious on your part ;)
    '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: »
    No you didn't you came to write the comment that you wrote, I think they call it stirring in other circles and becoming quite repetitious on your part ;)

    Love how you highlight how what I said hasn't actually happened ;)

    It's getting rather boring that every thread with a political angle on it seems to be filled with labour supported attacking anything the coalition do or say, or dont do, or dont say.....often filled with "oik, gideon, camertoff" for impact.
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