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Debate House Prices
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retail goes negative
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lemonjelly wrote: »Absolutely Loughton. Problem is, we are supposed to be in a consumer spending led private sector style recovery!:eek:
A nice thought, but there is no such thing as a consumer spending-led recovery. The extent to which we spend more on imported goods just makes China [et al] richer. The extent to which we spend more on British goods simply swishes wealth around, but doesn't create it.
Look in your local care home. You might find 40 wrinklies sitting there with nothing to do except moan about how their pensions are getting smaller in real terms and cost of care is increasing.
Solution? Play Bingo 8 hours a day. Wonderful! Stops all the moaning. Generates tons of 'activity'. After a month of this, add together all of their assets. Has this figure increased? No! It's exactly the same.
Now imagine that the little Philippino nurse was playing, and she's now bu99ered off back to the Philippines! Now that's more like the real economy. All this activity has made them poorer.0 -
Graham_Devon wrote: »Well yer, prices have gone up, so people cannot buy as much.
Are you that hungry for an argument you cant read two sentences?No one notice the total value of sales increased by 4.7% though compared to the same month last year?
I would say the simple explanation is that people are doing less discretionary spending as the costs of goods have increased.
Do you suffer with PPT (Post Post Tension)0 -
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Graham_Devon wrote: »Argument? I'm agreeing.
Why not write I agree then, not the sarcastic?Well yer, prices have gone up, so people cannot buy as much.
Or do you write and talk like Vicky Pollard?0 -
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Would that be the full half hour argument?0
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No, but yeah, but no, because if you don't let me point it out then Blazin' Squad are well gonna give you beatings because I've actually already met them already anyway, actually, down at the Radio 1 Roadshow at Weston Super-Mare!Would that be the full half hour argument?
Well Yer, Graham agrees with what I wrote but can't bring him self write it or otherwise rewired won't thank him.
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well yer, graham agrees with what i wrote but can't bring him self write it or otherwise rewired won't thank him.
:d
?!!?!??! ?!?!?! ?!graham_devon wrote: »argument? i'm agreeing.0 -
I do like the Orwellian language that gets used in these stories/headlines:
"UK retail sales growth turns negative in August"
would be more concisely:
"UK retail sales decline in August""The state is the great fiction by which everybody seeks to live at the expense of everybody else." -- Frederic Bastiat, 1848.0
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