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Ed milliband smoking crack....
Comments
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Why do you want to suppress the information?
Give people the full facts and let people draw their own conclusions... what's wrong with that?
Hardly surpressing the information. I know you don't like a bad word said about labour, but it's not really about that. You have never claimed people should just present the data and leave it at that....especially when it comes to the tories or house prices.0 -
Graham_Devon wrote: »It's why we have the debt thats important.
If were wracking up debt just to keep living standards where they are, then there lies the problem.
Honestly, given that debt has almost never (i.e., for about 90% of the last few centuries) been lower, what does it matter?
We went into this crisis with less debt than at almost any time in history.
How we got to having less debt (after 10 years of Labour, no less) than at almost any time in history seems a bit pointless to critique.
It's still less debt....“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 -
HAMISH_MCTAVISH wrote: »Honestly, given that debt has almost never (i.e., for about 90% of the last few centuries) been lower, what does it matter?
This about sums up your posts doesn't it. Why does it matter must be the most stupid post you've made today.
Were runinmg a defecit too Hamish, just incase you hadn't noticed.
Meanwhile, every man and his dog is trying to compete with the UK at the moment. And you simply say "why does it matter".0 -
All the historical debt chart tells you is that wars are very expensive and have to be financed by issuing large amounts of government debt. This is not particularly relevant to anything...0
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Graham_Devon wrote: »Why does it matter must be the most stupid post you've made today.
Oh go on then Graham, explain to us why it matters how we had less debt than at almost any time in 350 years.
I'd have thought the important thing was that we did, indeed, have less debt than at almost any time in the last 350 years.Were runinmg a defecit too Hamish, just icase you hadn't noticed.
Sorry, that's incomprehensible.
Try again.“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 -
I seriously cannot be bothered having such a pointless argument with you on a Sunday night Hamish.
I gave you more credit than this. And I didn't give you mich in the first place.
As I have said....it's WHY you are increasing debt levels that matters. You may love that chart. But you need to look a little further into it than that. If you are increasing debt just to keep up with living, you have a problem. If you are increasinf debt because you have gone to war to save millions from dying, you have a differing debt problem.
Looking at just a graph and not even allowing anyone to look at why the debt was that high is absolutely ridiculous.0 -
Graham_Devon wrote: »Hardly surpressing the information. I know you don't like a bad word said about labour, but it's not really about that. You have never claimed people should just present the data and leave it at that....especially when it comes to the tories or house prices.
But which part of the information do you want suppressed?
And for your information I think labour was pretty awful (housing, immigration, NHS, housing benefits, rich peoples' benefits to name but a few) but I would want to base my opinions on the full facts rather than a nicely edited one to illustrate a political point.0 -
Thrugelmir wrote: »So nothing to do with New Labours welfare policy over many years........
Not at all - see detailed answer below....Thrugelmir wrote: »Who was in power does matter. As it is they that appointed ex bankers to head the FSA and award Knighthoods for donations to the party. So it wasn't a question of us and them. Under Blair & Brown there was open door policy to the banks. While the BOE was effectively muted.
Blair is an extremely intelligent man. To jump ship mid term suggests deep down he had his own views on the direction of travel. So was clever enough to jump off the train leaving Brown to face the music.
In 17 years of power up to 1997, the Conservatives made net debt repayments in four years, totalling nearly £17bn. Since coming to power in 1997, Labour made net repayments in three years, totalling about £41bn - (upto 2008). If you take this specific figure as a measure of economic success then Labour are clearly have a better recent record of reducing public debt. (BBC)
It is lazy to continually trot out the same rhetoric again and again when it comes to the last Labour Government's economic competency when whoever in power would have had roughly the same opportunities leading up to 2008 and would have faced exactly the same consequences. The Tories, without the benefit of hindsight, called to spend more leading upto 2008 while Labour were curtailing spending after a relatively short burst of spending.
Governments have receipts and they top it up with borrowing more often than they don't - it then comes down to what a government does with that. The debt isn't being reduced as promised by this government but their spending decisions are having a dramatic impact on the most vulnerable in society. This is not rhetoric, it is fact. More people using foodbanks. More people unemployed. More people seeing their incomes cut. More people facing an uncertain future. If government policy was working, this pain might be arguable to be 'worth it' but it isn't working, not even close.It's getting harder & harder to keep the government in the manner to which they have become accustomed.0 -
Graham_Devon wrote: »I seriously cannot be bothered having such a pointless argument with you on a Sunday night Hamish.
I gave you more credit than this. And I didn't give you mich in the first place.
As I have said....it's WHY you are increasing debt levels that matters. You may love that chart. But you need to look a little further into it than that. If you are increasing debt just to keep up with living, you have a problem. If you are increasinf debt because you have gone to war to save millions from dying, you have a differing debt problem.
Looking at just a graph and not even allowing anyone to look at why the debt was that high is absolutely ridiculous.
Can you explain why the debt itself doesn't matter nor the debt interest or repayments but the reason for the debt does matter?
and you haven't said which part of the debt history you wish to suppress in the interest of whatever?0 -
Can you explain why the debt itself doesn't matter nor the debt interest or repayments but the reason for the debt does matter?
and you haven't said which part of the debt history you wish to suppress in the interest of whatever?
Ask Hamish. He's the one saying the debt doesn't matter.0
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