The British Economy - contracting again

[roydo]

Lets not forget that Dave Chaytor was a Labour MP, as was Eric Illsley, both of whom are set to be jailed for expenses fiddling. All of the sods have their snouts in the trough.

Quite. Its not the political shade they are that gets my goat, its the cocking hypocracy that they show. I couldnt care less where someone went to school, or how rich they were, all I want is some bloody competance, not some outdated and boring class war!

 

[Bruce Wayne]

Quite. Its not the political shade they are that gets my goat, its the cocking hypocracy that they show. I couldnt care less where someone went to school, or how rich they were, all I want is some bloody competance, not some outdated and boring class war!

Quite right.

 

[Chang Elephant]

Have you heard of two wrongs not making a right? The banks messed up royally, but that doesn't make the Unions somehow protectors of customer rights. Unions look out for employees not customers, and that is a fundamental distortion of what any organisation should exist for.

Have you heard of serfdom? It wasn't right then and won't be right now no matter what the voice of the people (Murdoch) "The Sun" shoots out of it's end about union excesses, whilst ignoring the "wealth creating" (?) financial classes.

Employees are in fact fellow humans, and I would willingly top Osborne to defend their rights.

It's not nice to be parasitic on the rest of our species Bruce, it doesn't reflect well on us.

 

[uknightbreed]

i still cant beleive the hassle the conservatives are getting for giving the country the medicine it needs after getting into bed with dirty gordon and ****ger tony.
yes there was a 'world recession' caused by U.S sub prime markets. but our rulers at the time handled it badly and done more harm than everyone else with there actions pre recession. yes greece , ireland and italy are probably on more shakey ground , but thats only becouse our banks are so much bigger.

a decent link to a view of world debt

there are in fact 3 reasons we are in the crapper.

1. the banks greed in thinking debt = profits ... they were wrong.
2. the labour government for not keeping the banks in order + over spending/spending badly/ wasting/gambling the countrys cash
3. lastly the british consumer , for buying way to many foreign goods and for aquiring more and more debt (which comes from the same countries we buy our goods from) - we have been milked from both ends by the arab and asian countries imo (thats not from a racist viewpoint btw ).

the banks , the government , the uk population all have to sort there crap out. everyone should ask themselves "what are you going to do to improve things " ... you can start by buying british goods and supporting you local small businesses .

the cut backs ........the bottom line is its no good the economy growing if the national debt doesnt come down. we will be nationaly bankrupt in a few years if it isnt addressed now.

as for the growth ..... with no snow we wouldnt have had any growth ( 0.0%) (predicted .2%), but with the snow we got -.5.
the construction industry will see a huge upturn now the bad weathers gone so i expect higher rate of growth in the next figures in march to counter the poor winter figures.

the recession trends also show we should see a steady recovery over the next 18 months.


as for the unions ....... scum self important troublemakers who willl hinder the recovery much more than anything the tories can do.

 

[Ezekiel]

the comments by osborne about unions reveal everything about this awful governments attitude to working people and more importantly why they must be removed at the first chance.

we are quite clearly not 'all in this together'.

 

[davek]

He was there at the behest of a Rothschild. I can hardly see him bashing the banks any more than the current government are, can you? It's touching that you still believe Labour have 'the common man' at heart. When politicians say that they're all in this together it generally means that all of the slippery sods are in the honey pot together. It's surprisingly naive that you think any political party won't throw some pork to their core voters. Labour did and I'm certain the Tories will. This is the system you defend. You only moan when you're not the one getting the pork. The only way you can stop it happening is to cut down the power of the state. Like I said though, you don't want that, but you're only happy if the largesse is aimed at your own pet projects and everyone else be damned.

I dont defend the political system, I merely state that Labour - even New Labour - will be a more progressive force than the other parties of the centre-right. You cant tar them all with the same brush, as much as you'd like to. If by 'wanting pork' for 'pet projects' you mean the retention of the NHS and social services for the vulnerable then yes, I suppose they are my pet projects. A good thing, I'd suggest, better than Tory's pet projects, such as stuffing money into the hands of private contractors to carry out sensitive work that affect people's very existence.

 

[Blue 1]

I dont defend the political system,I merely state that Labour - even New Labour - will be a more progressive force than the other parties of the centre-right. You cant tar them all with the same brush, as much as you'd like to. If by 'wanting pork' for 'pet projects' you mean the retention of the NHS and social services for the vulnerable then yes, I suppose they are my pet projects. A good thing, I'd suggest, better than Tory's pet projects, such as stuffing money into the hands of private contractors to carry out sensitive work that affect people's very existence.

That's what it comes down to for me.

Pisses me off though, because I only hate them slightly less than this lot.

 

[linglong]

Thanks to Browns reckless spending that is a very real likelihood.

1trillion and rising. Be honest, if a Tory government had bequeathed this to the nation would you be ignoring/brushing it under the carpet?

Er i'll say it again ALL countries throughout the world operate within a deficit i don't recall seeing any numbers from a country that owed noone and was "straight"

And no if the tories had been in power when the american led fincial ****storm hit and they left us with this "debt" if it'd had been used for infrastructure then i'd have said they'd have done a good job at least they'd tried something.

What the world has been through is a *hopefully* once in a lifetime even it was in all but name a depression,Labour could have done more tbh but as it was i think they did OK to have lead us where we are now.

 

[The-Golden-Vision]

Er i'll say it again ALL countries throughout the world operate within a deficit i don't recall seeing any numbers from a country that owed noone and was "straight" And no if the tories had been in power when the american led fincial ****storm hit and they left us with this "debt" if it'd had been used for infrastructure then i'd have said they'd have done a good job at least they'd tried something. What the world has been through is a *hopefully* once in a lifetime even it was in all but name a depression,Labour could have done more tbh but as it was i think they did OK to have lead us where we are now.

Er, thats ok then. I stand corrected. Keep spending at pre-coalition levels, let the deficit get bigger and bigger, let our credit rating drop from AAA so that it costs us even more to borrow, make the public sector bigger by creating more non-jobs, get some more foreigners in to take up working class jobs and that way we can grow the welfare state (only a paltry £200b a year). Everything will be fine and if it is'nt, well just put on a Scottish accent and repeat continuously 'This was a global crisis that began in America'

I give up, I really do.

 

[linglong]

Er, thats ok then. I stand corrected. Keep spending at pre-coalition levels, let the deficit get bigger and bigger, let our credit rating drop from AAA so that it costs us even more to borrow, make the public sector bigger by creating more non-jobs, get some more foreigners in to take up working class jobs and that way we can grow the welfare state (only a paltry £200b a year). Everything will be fine and if it is'nt, well just put on a Scottish accent and repeat continuously 'This was a global crisis that began in America'

I give up, I really do.

Well sorry to burst your bubble but the tories right up till oct of iirc '08 pledged to keep spending at Labours levels,so what changed? correct me if i'm wrong please.

Like it or not this DID start in america did labour do everything right? hell no i'd have had the deregulated banks under much tighter control,so much control after Barings went up in the '90s but ultimately it'd would have come regardless.

Tpries such as yourself can say it as much as you like britian is a better place after 13 years of labour investment,i remember hospitals that where so outdated left to rot but mend and make do was the order of the day school not fit for purpose,sooner or later and this is a truth we all have to swallow that infrastructure HAD to be replaced and for the most part it has been,and we have to pay for it,me i'd put up income tax rather than all these indirect taxes but thats me.

There was no proof that our credit rating was ever going to be affected other than from our PM,His dpeuty and our chacllor going round crying we're bankrupt,it was never going to happen,youll hit back with the IMF no doubt of course thats the same IMF who said ireland was on the right track.

You assume that i was a Blair/brown supporter,far from it i didnt trust either one of them tbh they did some good thing,bad things some downright awful things but one thing and i think its a problem for all right wingers too as america knows all too well is without Browns steady hand and his looking back to the 1930's stopped us all going into a depression worldwide in time even the moist ardent right winger will accept this.

Now of course that action had a cost and lots of it i'm not saying anywhere to not cut the deficit but to go at it the way the tories are now isnt the way to go,they're going at this not because of the deficit but because of their ideology and that i'm sorry to say is utterly wrong.

When a chancellor blames 10 days of snow for bad figures and then returns to the perceived bogey men of union bashing you know a government has run out of ideas and after 8 months thats not reassuring.

I would have much more confidence in this tory government if Cameron got rid of his dozy mate and brought back a very good chancellor,Ken Clarke a man who has lots of experience in bringing us out of recessions after the double dip in the '90s after all his action then gave Labour that freedom from '97 to 2000 and it was a sensible plan that worked,unlike the hack,slash and burn thats going on now.

 

[Blue 1]

Well sorry to burst your bubble but the tories right up till oct of iirc '08 pledged to keep spending at Labours levels,so what changed? correct me if i'm wrong please.

Like it or not this DID start in america did labour do everything right? hell no i'd have had the deregulated banks under much tighter control,so much control after Barings went up in the '90s but ultimately it'd would have come regardless.

Tpries such as yourself can say it as much as you like britian is a better place after 13 years of labour investment,i remember hospitals that where so outdated left to rot but mend and make do was the order of the day school not fit for purpose,sooner or later and this is a truth we all have to swallow that infrastructure HAD to be replaced and for the most part it has been,and we have to pay for it,me i'd put up income tax rather than all these indirect taxes but thats me.

There was no proof that our credit rating was ever going to be affected other than from our PM,His dpeuty and our chacllor going round crying we're bankrupt,it was never going to happen,youll hit back with the IMF no doubt of course thats the same IMF who said ireland was on the right track.

You assume that i was a Blair/brown supporter,far from it i didnt trust either one of them tbh they did some good thing,bad things some downright awful things but one thing and i think its a problem for all right wingers too as america knows all too well is without Browns steady hand and his looking back to the 1930's stopped us all going into a depression worldwide in time even the moist ardent right winger will accept this.

Now of course that action had a cost and lots of it i'm not saying anywhere to not cut the deficit but to go at it the way the tories are now isnt the way to go,they're going at this not because of the deficit but because of their ideology and that i'm sorry to say is utterly wrong.

When a chancellor blames 10 days of snow for bad figures and then returns to the perceived bogey men of union bashing you know a government has run out of ideas and after 8 months thats not reassuring.

I would have much more confidence in this tory government if Cameron got rid of his dozy mate and brought back a very good chancellor,Ken Clarke a man who has lots of experience in bringing us out of recessions after the double dip in the '90s after all his action then gave Labour that freedom from '97 to 2000 and it was a sensible plan that worked,unlike the hack,slash and burn thats going on now.

This. One of the few Tories I'd even give the time of day to. Knows his stuff but is too old school and too Europhile to be allowed near a job like that.