The Polls - Labour Lead At 14 - Is It The Economy?

robmatic

DecentLivingWage wrote: »

Not surprised Labour Lead is so high after reading this - I don't know about anyone else on here (no matter how each chooses to vote) but I for one haven't felt as sick as I felt today when I read this. I genuinely felt ill and emotionally disturbed when I read it - something about it reminded me of old stasi war films. Newspaper article below - the lady volunteers seem lovely, not the sort who would lie?

http://www.mirror.co.uk/money/personal-finance/food-banks-desperate-families-walking-1473222

The welfare system is definitely broken, as at the same time there are people receiving tens of thousands of pounds from the state for not working.

jonewer

Moby wrote: »

Thatchers corner shop economics again. When will they learn...life is not a balance sheet I'm afraid!

I wonder about people who say this.

Unfortunately life IS a balance sheet. Because money. It pays for stuff. Now unless you have some magic way of obtaining public services for free then you are ridiculous.

jonewer

grizzly1911 wrote: »

Whilst that will inevitably increase as debt increases we will also be paying interest at a similar rate give or take.

It is increasing by £200,000,000 a month. Roughly.

Thats £200,000,000 a month less on education, hospitals, transport etc.

Every. Month.

DecentLivingWage

jonewer wrote: »

I wonder about people who say this.

Unfortunately life IS a balance sheet. Because money. It pays for stuff. Now unless you have some magic way of obtaining public services for free then you are ridiculous.

Money Makes Money my friend! Labour gifted an economy growing at 4% ! :T

Generali

DecentLivingWage wrote: »

Money Makes Money my friend! Labour gifted an economy growing at 4% ! :T

No they didn't. Where did you get that idea from? You're wrong.

http://www.guardian.co.uk/news/datablog/2009/nov/25/gdp-uk-1948-growth-economy

Just repeating a lie doesn't make it the truth. I guess there is an addendum to the Big British Book Of Socialist BS, Money Unicorn Edition.

DecentLivingWage

This huge Titanic - like economy cant be turned on a sixpence in one year (which is all OsBean's got left before Election 2015 campainging starts) ... it's too late!

So what should Labour do.... ideas from today's Observer...

http://www.guardian.co.uk/commentisfree/2012/dec/09/observer-editorial-labours-responsibility-to-welfate-state?CMP=twt_gu

Thrugelmir

DecentLivingWage wrote: »

So what should Labour do.... ideas from today's Observer...

Struggled to find any constructive ideas in the article. More of the same old same old.......

In the UK we have this obsession with linking to inflation. The way forward is to break the link. Cap increases at a rate the country can afford.

Generali

DecentLivingWage wrote: »

This huge Titanic - like economy cant be turned on a sixpence in one year (which is all OsBean's got left before Election 2015 campainging starts) ... it's too late!

So what should Labour do.... ideas from today's Observer...

http://www.guardian.co.uk/commentisfree/2012/dec/09/observer-editorial-labours-responsibility-to-welfate-state?CMP=twt_gu

Good stuff.

Care to tell us where the 4% growth line comes from? You repeatedly bang on about it.

A._Badger

Generali wrote: »

Good stuff.

Care to tell us where the 4% growth line comes from? You repeatedly bang on about it.

I imagine it's in the script these Labour astroturfers are given to spread around the innerwebs.

jonewer

Generali wrote: »

Good stuff.

Care to tell us where the 4% growth line comes from? You repeatedly bang on about it.

I think it comes from the Gordonomics school of accounting. There's lots of growth provided we keep the losses off balance sheet until the end of the economic cycle.