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"Cost of living crisis" nonsense
Comments
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Lol, it makes me laugh when people still try to blame the banking crisis for the problems Labour caused.
Brown overspent on a monumental scale & it was masked because of the revenue generated by the credit BOOM. The credit crunch wasn't the cause of any problems, it was just the inevitable bust after the boom. A competent chancellor would have reigned in spending during the boom years & not suffered nearly as much during the bust. Anyone who's seen Joseph & the Amazing Technicolour Dreamcoat can tell you that.
Brown & Labour increased the state & spent money like water, mainly in ways designed to buy votes. We're all paying for that now.
Thing is the chancellor of today was prepared to match any spending under Labour and more...all to do with votes and not peoples lives..
There was no suggestion of any massive overspend from 2002...
http://news.bbc.co.uk/1/hi/uk_politics/6975536.stm
http://www.youtube.com/watch?v=bR_hfQU-4r0
The cost of basic items have risen a fair bit in the last few years maybe thats why people dont feel any better off...page 3 on here shows it well.
http://tullettprebonresearch.files.wordpress.com/2013/02/tpsn043_essentials_index.pdf0 -
Yes of course the recession wasn't caused by Labour.
But the negative effects of it were surely enhanced by Labour's profligacy in the years leading up to it.
Fix the roof when the sun is shining and all that. But Labour left us totally without a roof.
Would it have been different if the Conservatives had been in power when it all went down the pan? Probably not. At best they would have had entered the downturn with a terribly leaky roof and we'd still get wet.
Don't blame me, I voted Remain.0 -
But that is just a nonsensical statement.
The "people" rely 100% on big business. They need big business to thrive like never before if we're to have any chance of repairing the damage done to the economy.
We need big business, for jobs, for the products they produce, for tax revenue, for pensions. To try to represent the people without doing everything you can to help big business is a crass concept.
In fact one of the main failings of this fairly gutless coalition is that they haven't done nearly enough to help business.
Actually, there is far more nonsense in your statement than mine.
No-one "relies" on big business. Big business rely on people.
People existed before big business. They'll exist after it too.It's getting harder & harder to keep the government in the manner to which they have become accustomed.0 -
lemonjelly wrote: »Actually, there is far more nonsense in your statement than mine.
No-one "relies" on big business. Big business rely on people.
People existed before big business. They'll exist after it too.
Not sur eI agree with that LJ. I'm just thinking about everything I have used today (house, car, train, PC etc) and I can't see how any of it could have been produced without people being organized in big businesses.I think....0 -
No government can have any significant effect on the economy. It's like a small jack russel off the stern of an oil tanker trying to change its direction by paddling hard. It just does not happen.
Labor didn't destroy the economy.
The coalition didn't fix it.
They have virtually no effect whatsoever.
Governments just tinker at the outer edges without any idea of what actual effect their decisions will actually have, but know that the reality is "probably none at all."0 -
Thing is the chancellor of today was prepared to match any spending under Labour and more...all to do with votes and not peoples lives..
There was no suggestion of any massive overspend from 2002...
Osborne spends far too much as I've consistently pointed out. If you think I'm a fan of his you're very mistaken.lemonjelly wrote: »Actually, there is far more nonsense in your statement than mine.
No-one "relies" on big business. Big business rely on people.
People existed before big business. They'll exist after it too.
No, they really won't. Rest assured if big business ceased to exist there wouldn't be anyone like yourself around to applaud.0 -
mayonnaise wrote: »Yes of course the recession wasn't caused by Labour.
But the negative effects of it were surely enhanced by Labour's profligacy in the years leading up to it.
Fix the roof when the sun is shining and all that. But Labour left us totally without a roof.
Would it have been different if the Conservatives had been in power when it all went down the pan? Probably not. At best they would have had entered the downturn with a terribly leaky roof and we'd still get wet.
When you look at this chart theres hardly been a budget surplus so its hard to imagine any party delivering a different outcome.
The red shade area represents the Labour spending instead of balancing the books....thats less than 10% of the national debt today...probably saving around £5-10bn in total interest payments.
http://nickthornsby.files.wordpress.com/2011/09/deficit.png?w=500&h=3380 -
No government can have any significant effect on the economy. It's like a small jack russel off the stern of an oil tanker trying to change its direction by paddling hard. It just does not happen.
Labor didn't destroy the economy.
The coalition didn't fix it.
They have virtually no effect whatsoever.
Governments just tinker at the outer edges without any idea of what actual effect their decisions will actually have, but know that the reality is "probably none at all."
This is completely wrong. Governments can & do both destroy economies & create powerful ones. If you don't think Governments affect economies who DO you think affects them?0 -
lemonjelly wrote: »
People existed before big business. They'll exist after it too.
The mechanisms for business and big business in particular have been around for a long time jelly.
You can find stories of bankers in the bible and books on ancient Rome. Parts of the Great Wall of China were built to protect trade on the Silk Route. Move forward and the big trading companies in the East Indes and Americas happened long before Adam Smith wrote about modern economics.
I'd argue that the East India company, which had a monopoly on all British trades east of Cape Horn and ruled whole areas of the world in its own right, was a far bigger business than anything that's possible today. Every so often you hear x corporation has a value equal to the GDP of a small country, but the East India country actually took over huge swathes of India, Indonesia etc.
Big business is not going away any time soon.Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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