Corbynomics: A Dystopia

Thrugelmir

ruggedtoast wrote: »

The unions are striking because the workers are in an intolerable position providing a substandard service for an awful employer.

Rail Unions have never changed. Same old same old. No consideration for passengers. Been stranded enough times over the years with no service at all. Not an era I'd wish to return to. About time they finally brought to account.

westernpromise

TheNickster wrote: »

The conclusion being that Labour (including Ed Balls) was was more financially competent than the Tories have ever been over the last 70 years.

Nope. If I buy a Ferrari but I put it on your credit card, who provided the Ferrari, me or you?

None of the stuff Labour claims credit for is ever paid for; that has to await a Tory government. The schollzanospitals Labour likes to claim the credit for were put on tick at exorbitant rates that successor governments have to find.

Labour comes into office after the Tories; this makes all the difference.

ruggedtoast

TheNickster wrote: »

Although I have yet to e convinced that Corbynomics has yet to have a viable plan I would disagree with your assetion that Labour in general is financially incompetent.

This blog that shows how wrong you are about Labour's alleged excessive borrowing. http://www.taxresearch.org.uk/Blog/2016/03/13/the-conservatives-have-been-the-biggest-borrowers-over-the-last-70-years/

Basically it says in overall terms and over the last 70 years including after the global financial crisis Labour both borrowed less and repaid more national debt than the Tories ever did.

The conclusion being that Labour (including Ed Balls) was was more financially competent than the Tories have ever been over the last 70 years.

Even the person doing the results was surprised because he also originally believed that Labour borrowed more than the Tories.

Many voters have been conned by Tory and Tory press propaganda.

You should read it including all the comments some of which tried and failed to discredit the research.

They haven't been conned. They believe what they want to believe. Namely that it's fine to be a selfish git who puts money before human beings.

Moby

westernpromise wrote: »

And once they've done that and there actually is some money, Labour will get in and wreck it all over again.

It's interesting how the left bellyaching about house prices, earnings, interest rates and so on are actually thereby expressing a wish for a return to the economic climate we enjoyed in the mid-1990s. After 15 years of Tory rule the economy was comprehensively fixed and could have been permanently so. Unfortunately a lot of mugs were taken in by Labour's lies and figured it was safe, now that the economy was fixed, to let them back in. The usual utter mayhem followed.

Every generation has to learn for itself about Labour.

Actually it's the other way round. Every generation has to learn for itself about the Tories. This current 'young' generation will be the victim of the self interested policies of a govmt which puts a triple lock on pensions, thinks building houses is just too much to ask and is increasing student fees. The NHS is being downgraded, as are public services generally. Of course we've been there before. I remember well the eighties.....the poll tax, cuts in public spending, schools with leaking roofs, huge waiting lists in the NHS etc etc. and who could forget the crash after we exited the Exchange Rate Mechanism which basically destroyed Major's premiership. Who can ever forget a startled Chancellor Lamont looking like a rabbit in front of the headlights.
Blair came in and changed everything. He won three elections in a row with large majorities. Iraq did for him of course but that shouldn't obscure the good things that he did, the huge investment in public services etc . Your post completely ignores all that.....but knowing your stance generally Im not suprised!

Moby

ruggedtoast wrote: »

They haven't been conned. They believe what they want to believe. Namely that it's fine to be a selfish git who puts money before human beings.

Big differences with you on Corbyn on grounds of his competence Rugged....... but your heart is in the right place. The usual prevailing line on here is that the world will be a better place if you carry on putting money in my pocket and by the way my portfolio has shot up 10k since Brexit;)

CLAPTON

Moby wrote: »

Actually it's the other way round. Every generation has to learn for itself about the Tories. This current 'young' generation will be the victim of the self interested policies of a govmt which puts a triple lock on pensions, thinks building houses is just too much to ask and is increasing student fees. The NHS is being downgraded, as are public services generally. Of course we've been there before. I remember well the eighties.....the poll tax, cuts in public spending, schools with leaking roofs, huge waiting lists in the NHS etc etc. Blair came in and changed everything. He won three elections in a row with large majorities. Iraq did for him of course but that shouldn't obscure the good things that he did here. Your post completely ignores all that.....but knowing your stance generally Im not suprised!

certainly supports the view that there has been no austerity under the tories : only more and more borrowing

Moby

CLAPTON wrote: »

certainly supports the view that there has been no austerity under the tories : only more and more borrowing

I agree with you in part. Borrowing certainly isn't under control at present and hasn't Hammond talked about 'resetting' our fiscal policy. What does that mean I wonder?

CLAPTON

Moby wrote: »

I agree with you in part. Borrowing certainly isn't under control at present and hasn't Hammond talked about 'resetting' our fiscal policy. What does that mean I wonder?

I assume it is like when Brown re-set his prudent financial policy : it means borrow more

it would have the benefit of enjoying support from all the varieties of labour parties

Moby

CLAPTON wrote: »

I assume it is like when Brown re-set his prudent financial policy : it means borrow more

it would have the benefit of enjoying support from all the varieties of labour parties

Well I suppose the present time is a very good time to be borrowing to invest. I just think it's simplistic to assume Tory govmts are automatically financially competent, Labour govmts automatically financially incompetent. Govmts of whatever colour have to react to a changing landscape. May will be largely judged on things which we haven't foreseen yet. A few months ago Osborne was the hero ....now he's a zero!

CLAPTON

Moby wrote: »

Well I suppose the present time is a very good time to be borrowing to invest. I just think it's simplistic to assume Tory govmts are automatically financially competent, Labour govmts automatically financially incompetent. Govmts of whatever colour have to react to a changing landscape. May will be largely judged on things which we haven't foreseen yet. A few months ago Osborne was the hero ....now he's a zero!

one reason to believe that the borrowing is being used to 'invest' in anything

nobody I know ever considered Osbourne a hero; maybe he was to labour supporters?