Corbynomics: A Dystopia

.string.

cepheus wrote: »

... Jeremy Corbyn's policies have been endorsed by Paul Krugman and Joesph Stieglitz. Both of whom have a Nobel Prize in economics.

... And both of which are tainted irrevocable by their contributions to the SNP's laughable silliness which was the financial part of the SNP "White Paper" which was the SNP manifest for independence. In that it was stated that an Independent Scotland would remain in the currency union and have a say in the financial running of it, while retaining full financial autonomy. Oil revenue was distorted upwards when it was known it was not only volatile but falling, and there was no provision at all for the repayment of Scotland's share of the national debt.

Such endorsement is hardly anything to be proud of.

setmefree2

cepheus wrote: »

Anywhere else I would have assumed the post above was a spoof, but on here who knows?

Why?

Remember that there are more people who take out of the economy than contribute to it.

setmefree2

.string. wrote: »

Such endorsement is hardly anything to be proud of.

Pretty sure Stiglitz, Krugman and Blanchflower rounded on Osborne for his austerity policies arguing that they would send the UK into recession - yet here we are.....with a growing economy..

Generali

setmefree2 wrote: »

Pretty sure Stiglitz, Krugman and Blanchflower rounded on Osborne for his austerity policies arguing that they would send the UK into recession - yet here we are.....with a growing economy..

Not sure whether Stiglitz did but the Mr Krugman and Danny were very vocal in their criticism despite the clear risk of crowding out associated with the sorts of levels of borrowing that Labour supported.

Moneymaker

Thrugelmir wrote: »

Even in Greece common sense eventually won the day.

Unfortunately, it didn't. Nearly 70% of the population voted against austerity but PM Tsipras did a U turn and condemned the population to decades of misery. A quick shift to the Drachma or other alternative would have caused a year of pain, followed by decades of healthy recovery. But Tsipras had a gun to his head.

Anyone who thinks that austerity is the answer simply doesn't understand the game that's being played here - at our expense.

Corbyn will also discover that same gun pointed at him. He will become yet another puppet like Tsipras, like Blair.

Tony B.Liar understood the game very quickly. Instead of the bullet, he took the "we'll make you rich" alternative.

Moby

setmefree2 wrote: »

Lets be honest Jeremy Corbyn’s a bit dim (two Es at A-level), didn't finish his degree at North London Poly and he hasn’t had a new thought since imbibing the politics of his Left-wing middle-class parents in the 1950s.:D

He comes across as a rare politician who believes what he says, even though nearly all of what he says is nonsense.

He's definitely got many talking about him though hasn't he.....and that's the point really. I've noticed a buzz around my part of London, in work, locally etc. People are talking about him, ..........he breaks the mould..........he's unpredictable, what are his views on this, that, everything....will he wear a red poppy or a white poppy etc. Much of this interest is amongst the young....surely that is a good thing. Imo in the long run he is unelectable because more people think with their wallets than anything else. More extreme views only gain traction when there is economic turmoil cf Greece, Spain. In the UK, at this time, we are not there yet ....despite the fact that the recovery is only really based on house price rises and consumer demand!
The main thing he can achieve is to act as a lightning rod energising opposition against the tories and what that does it shifts the ground of the debate and raises new issues up the agenda. The tories hate that....they like to keep people down and in their boxes....their job is to conserve the status quo so the already better off can sleep safe in their beds and get up in the morning knowing their investments are safe and the rest wait for trickle down. Hence their immediate reaction is to define him as a threat to national security ......and the Daily Mail readers suck it up again and again. My hope is that the traditional press don't have the same level of control over the agenda as they did in the 80's and the explosion in social media means the establishment can't control the terms of the debate so easily now. My take on it is that he'll ultimately be doomed to failure but I'll enjoy the ride while it lasts and its made politics far more interesting for a while. Some are saying he'll be there for a couple of years, shaking things up and will then step down...someone like Dan Jarvis then steps in to save the day a couple of years before the next election......interesting times!

CLAPTON

Moby wrote: »

He's definitely got many talking about him though hasn't he.....and that's the point really. I've noticed a buzz around my part of London, in work, locally etc. People are talking about him, ..........he breaks the mould..........he's unpredictable, what are his views on this, that, everything....will he wear a red poppy or a white poppy etc. Much of this interest is amongst the young....surely that is a good thing. Imo in the long run he is unelectable because more people think with their wallets than anything else. More extreme views only gain traction when there is economic turmoil cf Greece, Spain. In the UK, at this time, we are not there yet ....despite the fact that the recovery is only really based on house price rises and consumer demand!
The main thing he can achieve is to act as a lightning rod energising opposition against the tories and what that does it shifts the ground of the debate and raises new issues up the agenda. The tories hate that....they like to keep people down and in their boxes....their job is to conserve the status quo so the already better off can sleep safe in their beds and get up in the morning knowing their investments are safe and the rest wait for trickle down. Hence their immediate reaction is to define him as a threat to national security ......and the Daily Mail readers suck it up again and again. My hope is that the traditional press don't have the same level of control over the agenda as they did in the 80's and the explosion in social media means the establishment can't control the terms of the debate so easily now. My take on it is that he'll ultimately be doomed to failure but I'll enjoy the ride while it lasts and its made politics far more interesting for a while. Some are saying he'll be there for a couple of years, shaking things up and will then step down...someone like Dan Jarvis then steps in to save the day a couple of years before the next election......interesting times!

you approve of his historic stance on the IRA?

Generali

CLAPTON wrote: »

you approve of his historic stance on the IRA?

Far be it for me to put words in another poster's mouth but IIRC, apologist is probably a better word.

There is this bizarre theory that the PM negotiating to stop a terror campaign is somehow analogous to an obscure bank bench MP appearing with terrorists to legitimise their platform.

Mr Corbyn associated himself with mysogenists, murderers and anti-semites.

Tromking

Generali wrote: »

Mr Corbyn associated himself with mysogenists, murderers and anti-semites.

Really, did Corbyn tag along with Cameron on his visit to the Kingdom of Saudi Arabia?

Generali

Tromking wrote: »

Really, did Corbyn tag along with Cameron on his visit to the Kingdom of Saudi Arabia?

Pithy and completely missing the point. I hoped for better from you frankly.