We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
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.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
Cable's common sense
Options
Comments
-
Vince Cable's common sense?
Where? How?
The wisdom of Vincie is clear from his quotes:Jan 2009 "Quantative Easing... [is].. the Robert Mugabe school of Economics."
Mar 2009 "directly increasing the amount of money flowing into the economy is now the only clear option."
Oct 2008, "it is entirely wrong for the government to assume the economy should be stimulated by yet more public spending rather than tax cuts."
Feb 2009, "we believe — and the Government say that they believe — in the need for a fiscal stimulus. Despite the severe financial constraints on the public sector, we believe that such a stimulus is right and necessary".
Libdem Conference 2008 "The Government must not compromise the independence of the Bank of England by telling it to slash interest rates."
One month later, he called on the Chancellor to urge the Governor of the Bank to make "a large cut in interest rates".
For a politician, it is common sense to be 'flexible' in one's opinions. Good old Vincie.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 599K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards