2015 post UK election discussion

[Tubey]

Again, just got to stress how big that £12bn is.

You know Jobseeker's Allowance? That benefit all the "scroungers" are on? You know how much it costs us a year in total?

£5bn.

You know Income Support? The one these millions of single mothers are on if you listen to some people? You know how much that costs a year?

£7bn.

That's right - the cut is the equivalent of completely scrapping those two benefits completely! That's how incredible it is.

 

[roydo]

Can you get me the lottery numbers for tomorrow too mate

I did say "more likely". Not a dead cert.

Oh. 20, 5, 12, 41, 3, 13.

PM me your bank details, and I will send it over.

 

[marty mcfly]

We can trade with anyone anyrate. Just being in the EU gives us the equivalent of Tesco Clubcard points.

I think it's all fear mongering myself. I don't think it will make any difference at all. The EU is hardly going to have a trade war with us.

 

[rascal]

I do mate, thanks. I just don't see the need for the sort of hyperbole you are indulging in.

It would be hyperbolic if I had no evidence to back up my opinion.

 

[Tubey]

This is not strictly true.

In 2010:


http://www.parliament.uk/business/p...nances/the-economic-recovery-and-the-deficit/


In 2015:


http://uk.mobile.reuters.com/article/idUKKBN0NE0RV20150423?irpc=932

Borrowing was £60 billion odd this year.


In other words the deficit has been cut by 70% !

Yet there is still more to do as the UK needs to get into prolonged SURPLUS in order to pay off this massive debt.

The only way that will happen is by efficient spending.

People need to realise just how bad things could of been made even worse in 2010 to now.

Certain Polticians spending money like its out of fashion need to realise. Its not their money. Its the public's money.

Borrowing is killing children's futures more than anything else.

Sorry, mixed them up - debt, not deficit. Rose from 78% to 90% of GDP.

 

[orly]

It would be hyperbolic if I had no evidence to back up my opinion.

Anecdotes aren't evidence, unfortunately.

Might be worth laying off the caffeine for a few days to help calm the nerves

 

[daylightrobber]

We'd enter a deeper and longer last recession starting from not just the moment we left, but at any time the poll showed the country was even vaguely in danger of leaving.

I just hope calm heads prevail and Cameron is exposed for the monumental risk he has taken with our country, just to play personal party politics.

He's taken a few too many risks on that front.

Intentionally dividing the nation along Hadrians Wall, he's going to have a job convincing us the Union is upmost in his priorities.

The Tories can't even agree a line on the EU amongst themselves. Their going to struggle to save us leaving in my opinion.

 

[Clint Planet]

I think the they crack open the caviar and champers everynight.

With the exception of the bump in the markets I can't see for the life of me how it effects them.

When Labour are in power, they increase their wealth. When the Tories are in power, they increase their wealth enormously.

I take your point, but it's no coincidence that they all love Bullingdon Dave and Gideon Taxbreaks. Don't be fooled into thinking there's no difference - that's what they want you to think.

 

[marty mcfly]

We'd enter a deeper and longer last recession starting from not just the moment we left, but at any time the poll showed the country was even vaguely in danger of leaving.

I just hope calm heads prevail and Cameron is exposed for the monumental risk he has taken with our country, just to play personal party politics.

If it was such an issue we would already see it in the markets since it is a certainity the referendum is going to take place.

The markets are up.

The markets certainly don't like uncertainity but I don't think they care either way who wins except for maybe the short period after when no-one knows really what exit will look like. However since that's unlikely to happen (the SNP couldn't even get independance in Scotland) then nothing to worry about.

 

[rascal]

Anecdotes aren't evidence, unfortunately.

Might be worth laying off the caffeine for a few days to help calm the nerves

In the immortal words of Nigel Pearson, are you an ostrich?

 

[Tubey]

If it was such an issue we would already see it in the markets since it is a certainity the referendum is going to take place.

The markets are up.

The markets certainly don't like uncertainity but I don't think they care either way who wins except for maybe the short period after when no-one knows really what exit will look like. However since that's unlikely to happen (the SNP couldn't even get independance in Scotland) then nothing to worry about.

Markets are short termist. They won't reflect nerves until say about a year out from it. Watch the reaction when the referendum date is announced.

 

[bizzaro]

Again, just got to stress how big that £12bn is.

You know Jobseeker's Allowance? That benefit all the "scroungers" are on? You know how much it costs us a year in total?

£5bn.

You know Income Support? The one these millions of single mothers are on if you listen to some people? You know how much that costs a year?

£7bn.

That's right - the cut is the equivalent of completely scrapping those two benefits completely! That's how incredible it is.

http://budgetresponsibility.org.uk

Deficit falls more than expected in 2014-15

Higher than expected receipts from income tax, onshore corporation tax and VAT helped push the deficit down by £11.1 billion in 2014-15. But this provisional borrowing outturn will remain subject to revision for some months to come.


Calm down Tubey. The country can keep £12billion in POTENTIAL CUTS minimised by ensuring growth continues.

Last year the deficit was cut by £11.8 billion.

What the politicians have got to stop doing is promising spending the country cannot afford.

 

[daylightrobber]

I think it's all fear mongering myself. I don't think it will make any difference at all. The EU is hardly going to have a trade war with us.

It's not about import/export. It's about the financial markets, banks and institutions. They'll pack up their bags at the slightest hint that London will no longer be the ideal gateway into the Eurozone.

 

[marty mcfly]

Again, just got to stress how big that £12bn is.

You know Jobseeker's Allowance? That benefit all the "scroungers" are on? You know how much it costs us a year in total?

£5bn.

You know Income Support? The one these millions of single mothers are on if you listen to some people? You know how much that costs a year?

£7bn.

That's right - the cut is the equivalent of completely scrapping those two benefits completely! That's how incredible it is.

I hate to say it but I'm not too concerned about single mothers. I don't like the idea of paying for other men's children.

 

[daylightrobber]

I hate to say it but I'm not too concerned about single mothers. I don't like the idea of paying for other men's children.

Yep. Best way to deal with that is to punish the kids.