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Austerity
Comments
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Would you say that Mrs Thatcher was ruled by her civil servants/special advisers?
TruckerT
Thatcher had her inner circle of ministers who were on side.
Those that might cause "trouble" were given jobs that kept them out of harms way. The wets."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 -
Thrugelmir wrote: »Special advisers are relatively new. In the old days MP's had skills and experience outside of politics !
Probably why Ed M. is so clueless. All text book and therefore lacks any imagination or vision.
Why do you single out Ed Miliband from all the other party leaders?grizzly1911 wrote: »Thatcher had her inner circle of ministers who were on side.
Those that might cause "trouble" were given jobs that kept them out of harms way. The wets.
Yes, but how did she prevent the interference of the old guard of the civil service?
TruckerTAccording to Clapton, I am a totally ignorant idiot.0 -
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Thrugelmir wrote: »Is a child of Brown. Politically speaking. Brown was his Messiah. Now the covers blown on their economic theory. (Balls is a member of the same club).
Oh, I thought you said it was something to do with a lack of skills and experience outside of politics. My mistake - sorry!
TruckerTAccording to Clapton, I am a totally ignorant idiot.0 -
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The UK and almost all of Europe have erred in terms of believing that austerity, fiscal austerity in the short term, is the way to produce real growth.
It is not.
You’ve got to spend money."
~Bill Gross- Pimco
When even the biggest 'bond vigilante' of them all is telling you to change course and spend more, it's probably time to listen....“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Like all politicians Osborne starts by fitting his economic policies with his political philosophy....sooner or later he will realise it won't work. Problem is we all suffer meantime. Even by their own declared standards they are now failing badly.Kennyboy66 wrote: »PIMCO (the worlds largest Bond buyer) adds it voice to doubts about cutting investment spending."The UK and almost all of Europe have erred in terms of believing that austerity, fiscal austerity in the short term, is the way to produce real growth. It is not.Still, George Osborne knows best.
You’ve got to spend money."
Bill Gross (CEO)0 -
To eliminate the deficit we can:
A) Reduce annual public spending by rather more than the deficit. This would be austerity - and electoral suicide.
Increase the rate of taxation to collect rather more than the deficit. This would be suicide.
C) Increase the level of taxes collected by growing the economy. Nice idea, but how to do that is the £120 billion pound question.
D) Increase the deficit whilst espousing austerity and calling it Plan A. Doesn’t have the desired results. A form of delayed suicide.
E) Can’t think of anything else, so just keep spending. As with B, this would be suicide.
F) Quite a bit of A, a little bit of B, and if necessary borrow for infrastructure projects to try and put the foundations in place for a bit of C.
G) Do anything at all that will encourage HPI, because then we’ll all be rich and the deficit won’t matter a jot."When the people fear the government there is tyranny, when the government fears the people there is liberty." - Thomas Jefferson0 -
Yes, but how did she prevent the interference of the old guard of the civil service?
TruckerT"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 -
Yes, but how did she prevent the interference of the old guard of the civil service?
TruckerT
Used her feminine charms
"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
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