Inflation up, unemployment up and now this!!
Scooby Regular
Joined: Jun 2000
Posts: 32,398
Likes: 1
From: Old Codgers Home
Prices will never drop below what I bought at - cannot happen
I want to buy MORE dirt cheap again
Bring it on I've got money on the hip ready to buy any forced sale which fits my requirements.
Scooby Regular
Joined: Jan 2001
Posts: 9,781
Likes: 0
So deep down you're a heartless money grabbing *******, but you pretend to be a socialist to feel better about yourself?
And yet, under Labour, the gap bewtween the rich and the poor increased at it's fastest EVER rate.
Scooby Regular
Joined: Mar 2010
Posts: 10,329
Likes: 0
You'd be better of cashing it all in now then buying it back cheaper in a couple of years then.
Scooby Regular
Joined: Apr 2002
Posts: 7,647
Likes: 22
Please, remind us all what party was in power back in '75.
Scooby Regular
Joined: Dec 2007
Posts: 6,284
Likes: 4
From: Scotland
Scooby Regular
Joined: Apr 2002
Posts: 7,647
Likes: 22
Rome wasn't built in a day! A year hasn't even passed since they were elected and they're having to sort out a mess of titanic proportions that Labour left behind; a massive deficit, a war, a massive welfare dependent demographic, immigration problem and a massive public sector pensions burden to name but a few.
Rome wasn't built in a day! A year hasn't even passed since they were elected and they're having to sort out a mess of titanic proportions that Labour left behind; a massive deficit, a war, a massive welfare dependent demographic, immigration problem and a massive public sector pensions burden to name but a few.
BTW some of the things you mention were rooted in Thacher's time. Oh and there was a world recession. No fan of Labour or the Tories which is precisely why I didn't vote for either of them, but the SN Book of Bollocks seems to actually believe that absolutely everything that has gone wrong was solely Labour's fault.
Scooby Regular
Joined: Apr 2002
Posts: 7,647
Likes: 22
Well they were in for 18 years last time and left the place in right mess so I doubt they will do any better this time. Labour or the Tories, the result is the same even if the method getting there is slightly different.
BTW some of the things you mention were rooted in Thacher's time. Oh and there was a world recession. No fan of Labour or the Tories which is precisely why I didn't vote for either of them, but the SN Book of Bollocks seems to actually believe that absolutely everything that has gone wrong was solely Labour's fault.
BTW some of the things you mention were rooted in Thacher's time. Oh and there was a world recession. No fan of Labour or the Tories which is precisely why I didn't vote for either of them, but the SN Book of Bollocks seems to actually believe that absolutely everything that has gone wrong was solely Labour's fault.
Scooby Regular
Joined: Aug 2002
Posts: 39,877
Likes: 0
I think we have to accept that we cannot get out of the hole that the previous government of plonkers allowed this country to sink into as well as spending what money we did have as fast as they could go and to little avail anyway without having to put up with what will amount to a lower standard of living until the economy is back on an even keel.
Its all we can do to pay of the interest on the £1 trillion national debt without borrowing to increase the enormous deficit.
We can only hope that the present bunch can succeed or we will go the same way as Greece. The corrupt bunch over the water is a far too expensive club for us as well.
Les
Its all we can do to pay of the interest on the £1 trillion national debt without borrowing to increase the enormous deficit.
We can only hope that the present bunch can succeed or we will go the same way as Greece. The corrupt bunch over the water is a far too expensive club for us as well.
Les
Joined: Apr 2002
Posts: 38,078
Likes: 310
From: The hell where youth and laughter go
It really is catch 22.
We could have carried on encouraging more spending, more loans, more mortgages, to get people to borrow money so they can buy houses, so more will be built, more will be renovated, furnished and more will be bought to(i)let. And it WILL work. It'll cause a boom, money will flow, things will start working again. BUT....
Short term that's great. Long terms? Banks will run out of money again and zip up its pockets to the public. Then we end up stalling again and going into recession free-fall. But this time with even more national debt.
The Labour way would not work; but in the short term it would "look" ok to Joe Blogs.
The ConDem way is flawed in that its trying to appease public image and being side tracked away from core issues where banks need a big boot up the back side to get some money moving outside of their own circles, and also cutting spending in areas that really does need to be cut.
The Student fees decisions should have been deferred, given that its brain child (Vince) got cold feet at the last minute - as University teaching/admission standards need to be readressed and enforced. Bank bonuses should be tied in with the UK economy as a whole, not just the bank sector's. Intervention needs to be made with the use of tax havens, especially for large companies that operate in the UK - Vodafone being a prime example of evading billions in tax, and getting away with it. HMRC incompetance needs to be addressed so that they chase the real criminal tax evader and not the easy targets who accidentally miss a decimal place on the tax return, or pay two days late (because they were delayed due to spending the past week trying to get through to their call centre for infomation on important questions/discrepancies). I could go on and on.
We could have carried on encouraging more spending, more loans, more mortgages, to get people to borrow money so they can buy houses, so more will be built, more will be renovated, furnished and more will be bought to(i)let. And it WILL work. It'll cause a boom, money will flow, things will start working again. BUT....
Short term that's great. Long terms? Banks will run out of money again and zip up its pockets to the public. Then we end up stalling again and going into recession free-fall. But this time with even more national debt.
The Labour way would not work; but in the short term it would "look" ok to Joe Blogs.
The ConDem way is flawed in that its trying to appease public image and being side tracked away from core issues where banks need a big boot up the back side to get some money moving outside of their own circles, and also cutting spending in areas that really does need to be cut.
The Student fees decisions should have been deferred, given that its brain child (Vince) got cold feet at the last minute - as University teaching/admission standards need to be readressed and enforced. Bank bonuses should be tied in with the UK economy as a whole, not just the bank sector's. Intervention needs to be made with the use of tax havens, especially for large companies that operate in the UK - Vodafone being a prime example of evading billions in tax, and getting away with it. HMRC incompetance needs to be addressed so that they chase the real criminal tax evader and not the easy targets who accidentally miss a decimal place on the tax return, or pay two days late (because they were delayed due to spending the past week trying to get through to their call centre for infomation on important questions/discrepancies). I could go on and on.
Scooby Regular
Joined: Aug 2002
Posts: 39,877
Likes: 0
It really is catch 22.
We could have carried on encouraging more spending, more loans, more mortgages, to get people to borrow money so they can buy houses, so more will be built, more will be renovated, furnished and more will be bought to(i)let. And it WILL work. It'll cause a boom, money will flow, things will start working again. BUT....
Short term that's great. Long terms? Banks will run out of money again and zip up its pockets to the public. Then we end up stalling again and going into recession free-fall. But this time with even more national debt.
The Labour way would not work; but in the short term it would "look" ok to Joe Blogs.
The ConDem way is flawed in that its trying to appease public image and being side tracked away from core issues where banks need a big boot up the back side to get some money moving outside of their own circles, and also cutting spending in areas that really does need to be cut.
The Student fees decisions should have been deferred, given that its brain child (Vince) got cold feet at the last minute - as University teaching/admission standards need to be readressed and enforced. Bank bonuses should be tied in with the UK economy as a whole, not just the bank sector's. Intervention needs to be made with the use of tax havens, especially for large companies that operate in the UK - Vodafone being a prime example of evading billions in tax, and getting away with it. HMRC incompetance needs to be addressed so that they chase the real criminal tax evader and not the easy targets who accidentally miss a decimal place on the tax return, or pay two days late (because they were delayed due to spending the past week trying to get through to their call centre for infomation on important questions/discrepancies). I could go on and on.
We could have carried on encouraging more spending, more loans, more mortgages, to get people to borrow money so they can buy houses, so more will be built, more will be renovated, furnished and more will be bought to(i)let. And it WILL work. It'll cause a boom, money will flow, things will start working again. BUT....
Short term that's great. Long terms? Banks will run out of money again and zip up its pockets to the public. Then we end up stalling again and going into recession free-fall. But this time with even more national debt.
The Labour way would not work; but in the short term it would "look" ok to Joe Blogs.
The ConDem way is flawed in that its trying to appease public image and being side tracked away from core issues where banks need a big boot up the back side to get some money moving outside of their own circles, and also cutting spending in areas that really does need to be cut.
The Student fees decisions should have been deferred, given that its brain child (Vince) got cold feet at the last minute - as University teaching/admission standards need to be readressed and enforced. Bank bonuses should be tied in with the UK economy as a whole, not just the bank sector's. Intervention needs to be made with the use of tax havens, especially for large companies that operate in the UK - Vodafone being a prime example of evading billions in tax, and getting away with it. HMRC incompetance needs to be addressed so that they chase the real criminal tax evader and not the easy targets who accidentally miss a decimal place on the tax return, or pay two days late (because they were delayed due to spending the past week trying to get through to their call centre for infomation on important questions/discrepancies). I could go on and on.
Les
Thread
Thread Starter
Forum
Replies
Last Post