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I believe they are only miles ahead in regards to the economy when it comes to public opinion, which says pretty poor things about public opinion.
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Pandemona
Charlie Sheens House51493 Posts
Well all you need to know imo is As the outgoing Labour Treasury Minister put it with brutal candour, 'there is no money' . Since day one Conservatives had nothing to work with and have put us back on the right track, the main thing is it is not finished yet imo so they need another 5 years to completely turn it back round and keep us moving forward.
More people in work in England than ever before and the deficit has halved since labour and making it 10%+ and we are growing as proven with stats. This is thanks to Conservatives economy strategy. Everything is irrelevant in politics if you do not have the money to change anything, UK need money thus it needs a strong economy. England has sold so much of its talent and business over the decades its time we stop doing this and start re structuring our country to be a forefront not a trade point.
However they did mess some things up, they seem to be totally on the fence with the EU, they have no idea how to tackle immigration it seems as well as that is something they didn't deliver on in the 5 years in which they said they would. No one is perfect though :D
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United Kingdom36161 Posts
Tories do so much stupid shit, but as a straight choice between them and Labour managing the economy...
Gordon Brown: "there will be no return to boom and bust" Ed Miliband: "we didn't overspend" (if it wasn't important it would be amusing, re: Pandemona's quote)
Hopefully next election I can afford to vote on my social/civic beliefs
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Pandemona
Charlie Sheens House51493 Posts
Yeah that kinda sums it up, who do you trust more with your country; Ed Milliband and Ed Balls or David Cameron and George Osborne
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On May 06 2015 19:45 Pandemona wrote: Yeah that kinda sums it up, who do you trust more with your country; Ed Milliband and Ed Balls or David Cameron and George Osborne
Add in Alex Salmond with Balls and Miliband because they won't have a majority without the SNP.
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On May 06 2015 19:41 marvellosity wrote: Tories do so much stupid shit, but as a straight choice between them and Labour managing the economy...
Gordon Brown: "there will be no return to boom and bust" Ed Miliband: "we didn't overspend" (if it wasn't important it would be amusing, re: Pandemona's quote)
Hopefully next election I can afford to vote on my social/civic beliefs They didn't, but never mind the facts as long as we can cry "the deficit ! profligacy ! irresponsible leftists" It's ok though, the Labour also wants to cut the deficit no matter what. I'd still trust Miliband more than proven idiots like Osborn/Cameron any day. A bit of a reasonnable pov : http://stumblingandmumbling.typepad.com/stumbling_and_mumbling/2014/09/bubblethink.html
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United Kingdom36161 Posts
On May 06 2015 19:54 corumjhaelen wrote:Show nested quote +On May 06 2015 19:41 marvellosity wrote: Tories do so much stupid shit, but as a straight choice between them and Labour managing the economy...
Gordon Brown: "there will be no return to boom and bust" Ed Miliband: "we didn't overspend" (if it wasn't important it would be amusing, re: Pandemona's quote)
Hopefully next election I can afford to vote on my social/civic beliefs They didn't, but never mind the facts as long as we can cry "the deficit ! profligacy ! irresponsible leftists" It's ok though, the Labour also wants to cut the deficit no matter what. I'd still trust Miliband more than proven idiots like Osborn/Cameron any day. A bit of a reasonnable pov : http://stumblingandmumbling.typepad.com/stumbling_and_mumbling/2014/09/bubblethink.html yes, they did
they were running a significant deficit while the UK was at the height of its boom cycle
that doesn't work
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Deficit so significant (how is that defined lol) that the pressure on UK debt was simply unbearable, as demonstrated by the horrible conditions under which UK had to borrow. Makes sense. Edit : not that Labour policy didn't suck. For very different reasons though.
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United Kingdom36161 Posts
On May 06 2015 21:05 corumjhaelen wrote: Deficit so significant (how is that defined lol) that the pressure on UK debt was simply unbearable, as demonstrated by the horrible conditions under which UK had to borrow. Makes sense. Edit : not that Labour policy didn't suck. For very different reasons though. What's that got to do with anything? Strawman much?
The government was riding high on record tax receipts, it could easily afford to both sustain + raise spending without running any sort of deficit, it was completely unnecessary.
And the deficit they were running left us no slack whatsoever when the crash hit.
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On May 06 2015 21:22 marvellosity wrote:Show nested quote +On May 06 2015 21:05 corumjhaelen wrote: Deficit so significant (how is that defined lol) that the pressure on UK debt was simply unbearable, as demonstrated by the horrible conditions under which UK had to borrow. Makes sense. Edit : not that Labour policy didn't suck. For very different reasons though. What's that got to do with anything? Strawman much? The government was riding high on record tax receipts, it could easily afford to both sustain + raise spending without running any sort of deficit, it was completely unnecessary. And the deficit they were running left us no slack whatsoever when the crash hit. So in what sense was the deficit so significant ? In the sense of the bolded sentence ? But then, why is this sentence true ? I can hardly see any serious case being made for that, because precisely, there was absolutely no pressure on the debt...
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United Kingdom36161 Posts
On May 06 2015 21:27 corumjhaelen wrote:Show nested quote +On May 06 2015 21:22 marvellosity wrote:On May 06 2015 21:05 corumjhaelen wrote: Deficit so significant (how is that defined lol) that the pressure on UK debt was simply unbearable, as demonstrated by the horrible conditions under which UK had to borrow. Makes sense. Edit : not that Labour policy didn't suck. For very different reasons though. What's that got to do with anything? Strawman much? The government was riding high on record tax receipts, it could easily afford to both sustain + raise spending without running any sort of deficit, it was completely unnecessary. And the deficit they were running left us no slack whatsoever when the crash hit. So in what sense was the deficit so significant ? In the sense of the bolded sentence ? But then, why is this sentence true ? I can hardly see any serious case being made for that, because precisely, there was absolutely no pressure on the debt... We get very good rates but we also pay £40bn+ a year just on the interest on our debts, a number that continues to rise
A number that could and should be a lot lower, and it could have been if our spending was actually reasonable 2002-2008 or so
The fact we could (and still can) afford to borrow, doesn't mean we should have
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Absolute number mean shit. The fact is that austerity post crisis had very bad results (see above), and that it is solely the fault of Cameron/Osborne, as they weren't forced in that policy, as you implicitly admit.
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United Kingdom36161 Posts
And yet somehow you've still not managed to counter the argument that it was unnecessary to run a budget deficit on the back of record tax receipts. I think we're done ^^
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On May 06 2015 21:48 marvellosity wrote: And yet somehow you've still not managed to counter the argument that it was unnecessary to run a budget deficit on the back of record tax receipts. I think we're done ^^ Unnecessary, certainly, but that doesn't mean anything (you seem very fond of those words), bad policy, that remains to be proven, not as bad as what Cameron/Osborne did after, there is no doubt about it.
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United Kingdom36161 Posts
well, I outlined one of the hard facts that it "means" (3% of our GDP just on debt interest), and you dismissed it, as it doesn't align with your world view.
You originally tried to argue with me that Labour didn't overspend, but there can be no agreement as running the deficit they did on the back of record tax receipts is a pretty good definition for overspending as far as I'm concerned.
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IMO, the economy is too complicated for anyone to say for sure whether the tories have done well or not. What people instead do is just see what they want to see, ie you usually vote tory so you think that they did well with the economy.
I had this conversation with a tory-voting friend last year. He was sure that the tories always did better with the economy. I looked up some basic numbers and what I noticed was that both parties improve the economy when they are first elected, then at some point it goes to shit and the other party gets into power, then they improve the economy...
It's just a cycle. I know nothing about politics but I could probably predict the election winner two years in advance just by looking at how gdp growth is trending. At the present time we are growing or at least stable so the current government will remain in power, then when growth really slows the other party will get in. It has happened every single time for the last 40 years.
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United Kingdom36161 Posts
On May 06 2015 22:06 hzflank wrote: IMO, the economy is too complicated for anyone to say for sure whether the tories have done well or not. What people instead do is just see what they want to see, ie you usually vote tory so you think that they did well with the economy.
I had this conversation with a tory-voting friend last year. He was sure that the tories always did better with the economy. I looked up some basic numbers and what I noticed was that both parties improve the economy when they are first elected, then at some point it goes to shit and the other party gets into power, then they improve the economy...
It's just a cycle. I know nothing about politics but I could probably predict the election winner two years in advance just by looking at how gdp growth is trending. At the present time we are growing or at least stable so the current government will remain in power, then when growth really slows the other party will get in. It has happened every single time for the last 40 years. I agree with your first sentence, it is quite hard to tell.
I think our economy was pretty stable + growing when Labour won in 1997, I think the country had just had enough of the Tories, mainly.
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