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No 10 Adviser Attacks 'Socialist' Vince Cable
Comments
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Contrary to Tory Economics 101, if cabbages are cheaper, I don't buy more cabbages. I already eat as many cabbages as I fancy, and if I eat any more I'll only get sick of them.however are you seriously saying you don't see the correlation between reduction on the laws controlling employers and those same employers hiring more people?
Employers tend to employ as many people as they need.
Yes, I know. And there's evidence that simple is all the right-wing mind can cope with. But real life is rarely simple.We're talking simple business facts here
And money overrides all other considerations?not moral rights & wrongs.
And are Chinese factories bloated with superfluous workers?China in contrast goes to the opposite extreme & has been booming for years on a scale the Eurozone can only dream of.
It's fair to say, I think, that some industries which became bloated in the days of cheap labour would have been less incentivised to reduce staffing if labour had stayed cheap. Not sure that would have been a desirable outcome though."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
You're arguments are those of a child. Actually on reflection that's probably it isn't it, you're a student. It would explain a lot of the naive nonsense you churn out.0
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If you want a simple demonstration of how this red tape that some posters are keen to dismiss affects things simply compare the economies of the Eurozone & China. The Eurozone is the epitome of an economy mired in red tape & reduced to being horribly uncompetetive with the rest of the world & is going down the toilet because of it. China in contrast goes to the opposite extreme & has been booming for years on a scale the Eurozone can only dream of.
I thought China was Communist and top ally of North Korea the country that has been bandied about on this thread as the antithesis of Capitalism and somewhere where people should go if they don't agree with dilution of worker rights?'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 Thatcher0 -
I thought China was Communist and top ally of North Korea the country that has been bandied about on this thread as the antithesis of Capitalism and somewhere where people should go if they don't agree with dilution of worker rights?
I believe that China and N Korea were used as examples of how soucialism whilst being all nice and cuddly in theory, tends to be pretty dire for the majority in practice.0 -
I believe that China and N Korea were used as examples of how soucialism whilst being all nice and cuddly in theory, tends to be pretty dire for the majority in practice.
I does get confusing, so China communism is the new 19th century Capitalism?'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 Thatcher0 -
Contrary to Tory Economics 101, if cabbages are cheaper, I don't buy more cabbages. I already eat as many cabbages as I fancy, and if I eat any more I'll only get sick of them.
the economic theory of the price of cabbages does not say or imply that pqrdef will eat more cabbages because the price is reduced.
the theory says that in general more people overall will consume more cabbages if the price drops, so the overall number of cabbages consumed will rise.
a very important difference0 -
I would be careful about what you say about China. The Bank of China is a UK mortgage lender.
J_B.0 -
I would not eat any cabbage even if I would receive a fee for doing so. So Clapton your room 101 cabbage economic policy is not a vote winner.
J_B.0
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