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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
37 coalition climbdowns, u-turns and row backs
Comments
-
I don't mind U-turns... they can be good as a way of learning what not to do, admit and do something else. People always say its good to learn from your mistakes.
What I don't like is lack of a plan to start with, along with no comprehension of the problems or what causes them. Plus they need just the one hymn sheet, not the amount they have at present!0 -
Yes they can and should.
The global economy is outside the control of a little country. However, the Labour Govt borrowed and spent at an uncontrollable level. They have largely got away with it too as it is the current Government that is suffering the consequences of that because people benefiting from taxpayer spending tend not to vote or react kindly to those doing the cuts. Even when the cuts were needed.
Sorry don't actually see that, and these charts don't back up your point, prior to the global crisis kicking in in 2008? In fact debt as a% of GDP was lower in 2006 than it was in 1997 when Labour took over the reigns.
http://www.guardian.co.uk/news/datablog/2010/oct/18/deficit-debt-government-borrowing-data#zoomed-picture'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 they were vaccinating Badgers in Wales rather than shooting them?
http://www.bbc.co.uk/news/uk-wales-politics-18440034
Have you seen the mess they can do to a car as well.
Whilst they can I understand that it causes the cows to still test positive because of the way they diagnose that they may have it.
So you can't tell whether a cow is actually carrying the disease or simply pretending to.
Just because they are carrying it doesn't mean they will develop either IIRIC.
I believe that EU regulations won't accept the cattle for trans shipment either."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
In fact debt as a% of GDP was lower in 2006 than it was in 1997 when Labour took over the reigns.
GDP driven by financial services and the activity related to the property market ( estate agents, surveyors, solicitors, builders and so on).
Along with a doubling of public sector employment from increased Government spend.
Now the mist is lifting. All very illusionary.
Rich got richer.
Middle class borrowed more to maintain their standard of living.
Poor people got by from buying cheap imported product (such as clothes for example) .
There was no real boom.0 -
an alternative approach is
-think things through before making major announcements
-maybe discuss with cabinet partners too so you have support from them
-if however, your policies are right then have the courage to stick to them
Yet people moan about high levels of bureaucracy...
And although it would be great if they had the courage to stick to policy that is "right", that completely goes against the concept of democracy and right or not, if the people don't like it they'll be voted out of power. Not particularly appealing for the government.0 -
callum9999 wrote: »Yet people moan about high levels of bureaucracy...
And although it would be great if they had the courage to stick to policy that is "right", that completely goes against the concept of democracy and right or not, if the people don't like it they'll be voted out of power. Not particularly appealing for the government.
maybe maybe not
many issues, once given the perspective of a few months, actually are seen in a different light.
so democracy often wins after all and the principled sometimes win too.0 -
Yes they can and should.
The global economy is outside the control of a little country. However, the Labour Govt borrowed and spent at an uncontrollable level. They have largely got away with it too as it is the current Government that is suffering the consequences of that because people benefiting from taxpayer spending tend not to vote or react kindly to those doing the cuts. Even when the cuts were needed.
As Steve says above.... borrowing as a proportion of GDP was higher in 1997 than in 2006. By 1997 the Tories had been in power for 18 years!
What you also neglect to mention is that the later increase in spending went into the NHS, Education etc.....bringing back up to standard services that had been run down for many years. Also many of us using those services are taxpayers ourselves and see this spending as an investment for a better future. Whereas some would rather not make such investments and return to a Dickensian Britain....of the moralising rich chastising the '!!!!less' undeserving poor.0 -
Government things don't happen overnight. The problem was the things that were in the pipeline, and where they were going to take the deficit by 2015.In fact debt as a% of GDP was lower in 2006 than it was in 1997 when Labour took over the reigns."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 -
Sorry don't actually see that, and these charts don't back up your point, prior to the global crisis kicking in in 2008? In fact debt as a% of GDP was lower in 2006 than it was in 1997 when Labour took over the reigns.
http://www.guardian.co.uk/news/datablog/2010/oct/18/deficit-debt-government-borrowing-data#zoomed-picture
The Labour years saw a massive increase in public sector pay relative to private sector. It saw the scale of the public sector increase. A lot of what was paid for in those years was put into debt that rather than capital expenditure. The spending was based on the boom years being the norm and not a boom period where bust follows and the repayment for the spending spread over the years to come. The ultimate buy now, pay later scheme. This was at Government level, corporate level and consumer level.
It is widely recognised that Labour benefited in the early years because of the actions taken by the previous Government.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
What gets me most about this Govt is the inability to get Labour's failings across
Yes. The Tories should spend the next 3 years taking every opportunity to point out that it's the next generation who will spend a large part of their lives paying off Labour's debt & that if Labour get back in next time then that generation will probably spend it's entire life paying off the resultant debt.
Contrary to the nonsense spread by many people, there is nothing "nasty" about spending cuts & certainly nothing nice about spending increases. Any Govt whether it be Labour, Tory or Coalition, is not spending their money, they're spending ours. And more importantly, that of future generations.
The fact that the Tories have pretty much failed 100% to even mention this let alone convey it sufficiently sums up how dreadful they are at putting their message across0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.1K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards
