Double Dip Recession ....
21 August 2011, 08:35 PM
#31
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Actually it did right at the end of their tenure, but that growth has been well and truly reversed now.
Two schools of thought.... spend your way out of recession or cut your way out of it... not sure how the latter is panning out across the board right now.
Two schools of thought.... spend your way out of recession or cut your way out of it... not sure how the latter is panning out across the board right now.
21 August 2011, 08:43 PM
#32
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It was working ... we had growth ... the Tories with their cutting have stopped any growth.
Whilst I agree that cutting benefits is a great move forward ... hacking so deep into the other areas has stiffled any hope of people being in a mood to spend.
I say, do what Labour was doing .... and spend our way out of trouble, get people spending and feeling better for themselves.
Less riots, more buying, grow ourselves out of debt .... everyones a winner!!
Whilst I agree that cutting benefits is a great move forward ... hacking so deep into the other areas has stiffled any hope of people being in a mood to spend.
I say, do what Labour was doing .... and spend our way out of trouble, get people spending and feeling better for themselves.
Less riots, more buying, grow ourselves out of debt .... everyones a winner!!
21 August 2011, 09:20 PM
#33
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You forgot to mention that their spending helped get us into trouble, by promoting asset booms (i.e house prices), and high levels of private and public debt.
Yep Labours policy is spend it good times, spend in bad times. That will really work, the Piper will never need paying!
Yep Labours policy is spend it good times, spend in bad times. That will really work, the Piper will never need paying!
22 August 2011, 09:36 AM
#35
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There is too much debt in the worlds monetary system, the whole thing will come to an end eventually and be replaced with a different system. In ten years time things will be looking very different imoh
22 August 2011, 12:35 PM
#36
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"There is no mystery about Gordon Brown’s sale of British gold reserves.
Vigilance – A Defence of British Liberty, published in 2001.
The Maastricht Treaty lays title claim to all the UK’s gold and dollar reserves. At the time of the sale the recently-launched euro was struggling to establish itself on the currency markets. Receipts from the gold sale were used to buy euros, which propped it up for a while but failed to stop the slide.
However the transaction simultaneously met a large part of the demand that all the UK’s gold and dollar reserves be passed to Frankfurt while neatly avoiding physical transfers in fleets of bullion trucks driving to the Channel ports"
Vigilance – A Defence of British Liberty, published in 2001.
The Maastricht Treaty lays title claim to all the UK’s gold and dollar reserves. At the time of the sale the recently-launched euro was struggling to establish itself on the currency markets. Receipts from the gold sale were used to buy euros, which propped it up for a while but failed to stop the slide.
However the transaction simultaneously met a large part of the demand that all the UK’s gold and dollar reserves be passed to Frankfurt while neatly avoiding physical transfers in fleets of bullion trucks driving to the Channel ports"
Les
22 August 2011, 12:39 PM
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It was working ... we had growth ... the Tories with their cutting have stopped any growth.
Whilst I agree that cutting benefits is a great move forward ... hacking so deep into the other areas has stiffled any hope of people being in a mood to spend.
I say, do what Labour was doing .... and spend our way out of trouble, get people spending and feeling better for themselves.
Less riots, more buying, grow ourselves out of debt .... everyones a winner!!
Whilst I agree that cutting benefits is a great move forward ... hacking so deep into the other areas has stiffled any hope of people being in a mood to spend.
I say, do what Labour was doing .... and spend our way out of trouble, get people spending and feeling better for themselves.
Less riots, more buying, grow ourselves out of debt .... everyones a winner!!
Les
22 August 2011, 05:28 PM
#38
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Les
We are paying back (as a country) far less in interest payments than we thought we would have to.
So the measures taken to reduce the deficit now look like overkill - ironically, as it turns out.
There is scope to ease off a little .... keep the cuts in benefit payments .... but, reward those who are paying taxes and having a tough ride.
Remove the 50% Tax - it is pointless and won't generate any income - reduce VAT to 10% - raise the base level of Tax payments to £10,000 - remove the 1% NI increase - give evryone who buys a property a 1% Cashback towards carpets and curtains - put money back in the pockets of those to buy!!
Lets get the growth moving .... all these tax giveaways will go into generating growth, employment, feel-good factors - and, the best bit, 80% of the cost will return to the Government!
Win, Win, Win!!
We are paying back (as a country) far less in interest payments than we thought we would have to.
So the measures taken to reduce the deficit now look like overkill - ironically, as it turns out.
There is scope to ease off a little .... keep the cuts in benefit payments .... but, reward those who are paying taxes and having a tough ride.
Remove the 50% Tax - it is pointless and won't generate any income - reduce VAT to 10% - raise the base level of Tax payments to £10,000 - remove the 1% NI increase - give evryone who buys a property a 1% Cashback towards carpets and curtains - put money back in the pockets of those to buy!!
Lets get the growth moving .... all these tax giveaways will go into generating growth, employment, feel-good factors - and, the best bit, 80% of the cost will return to the Government!
Win, Win, Win!!
23 August 2011, 12:11 PM
#39
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You might well be right Pete, I am not qualified in financial matters, was looking at it from the point of view of family income etc. What you say sounds all very encouraging but it did not seem to work all that well before.
As ever time will tell, but I hope its not all too late.
Les
As ever time will tell, but I hope its not all too late.
Les
23 August 2011, 12:23 PM
#40
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Would LOVE to see an economy calculator based on Pete's comments...... then A/B it to where we are now.....
I suspect the main difference would be the time taken to "spend" our way out of our debt.... with Pete's idea, I think it could take longer, ie cost more in interest, but could be easier on the public.
The Tories are going for the quick payback route for debt - always more painful, but saves money in the long-run.
But then again, WTF do I know, I'm just a Joe Public
I suspect the main difference would be the time taken to "spend" our way out of our debt.... with Pete's idea, I think it could take longer, ie cost more in interest, but could be easier on the public.
The Tories are going for the quick payback route for debt - always more painful, but saves money in the long-run.
But then again, WTF do I know, I'm just a Joe Public
23 August 2011, 12:43 PM
#41
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Les
We are paying back (as a country) far less in interest payments than we thought we would have to.
So the measures taken to reduce the deficit now look like overkill - ironically, as it turns out.
There is scope to ease off a little .... keep the cuts in benefit payments .... but, reward those who are paying taxes and having a tough ride.
Remove the 50% Tax - it is pointless and won't generate any income - reduce VAT to 10% - raise the base level of Tax payments to £10,000 - remove the 1% NI increase - give evryone who buys a property a 1% Cashback towards carpets and curtains - put money back in the pockets of those to buy!!
Lets get the growth moving .... all these tax giveaways will go into generating growth, employment, feel-good factors - and, the best bit, 80% of the cost will return to the Government!
Win, Win, Win!!
We are paying back (as a country) far less in interest payments than we thought we would have to.
So the measures taken to reduce the deficit now look like overkill - ironically, as it turns out.
There is scope to ease off a little .... keep the cuts in benefit payments .... but, reward those who are paying taxes and having a tough ride.
Remove the 50% Tax - it is pointless and won't generate any income - reduce VAT to 10% - raise the base level of Tax payments to £10,000 - remove the 1% NI increase - give evryone who buys a property a 1% Cashback towards carpets and curtains - put money back in the pockets of those to buy!!
Lets get the growth moving .... all these tax giveaways will go into generating growth, employment, feel-good factors - and, the best bit, 80% of the cost will return to the Government!
Win, Win, Win!!
1. Reduce Fuel Excise.
2. Cap the amounts energy companies can increase their charges.
This would lower fuel bills for road users, be that your cars, buses, trains, lorries, planes.
So imho you`d have more disposable income, so your more likely to have a second car (extra revenue), you could afford to go out (extra revenue), you could afford to spend more in shops (extra revenue). If you rely on public transport, your tickets would be cheaper, so you could spend more. All your produce in shops has to be transported by road, so prices should slowly fall, bringing inflation down.
I forget the figures but in 2006 there was a lot more money going into the Government coffers when petrol was a LOT cheaper than it is now, and with people having less money to throw around making transport cheaper would imho make a massive difference.
My personal opinion is that the Euro should be allowed to fail, its the politicians meddling in economics and nation making that has created this problem. The old system with nation states being accountable makes them less reckless as they wouldn`t get bailed out, and if they did fail then it shouldn`t drag down the whole house of cards. We should go back to the ONLY link to other countries is via trade agreements, I`m not saying get out of Europe, but how much is wasted doing nothing there. All these politicians milking the EURO gravy train, we should get rid of it all and cut it back to what it was originally set up to be. The EURO zone has tried to become America, and idiotically believe they can pull it off. They have been proven wrong yet are to blinded by politics to admit they are wrong as politicians never admit they are wrong, and even if they had the cahonas to admit they did something wrong (like Cameron has done) the media jump on it as a weakness. Instead of slating for them admitting they got it wrong and going to plan b, or a total reversal, we should applaud for not being massive dicks and cutting their noses off to spite their faces.
Last edited by Jimbob; 23 August 2011 at 12:51 PM.
23 August 2011, 02:04 PM
#42
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The entire western world is going down the tubes. This is the start of it and it will get a lot worse IMHO.
The expansion of "wealth" we all enjoyed in the last 30+ years will seem like a distant dream by 2020.
A roof over your head, food in your belly and a warm home will be all the masses can hope for.
The expansion of "wealth" we all enjoyed in the last 30+ years will seem like a distant dream by 2020.
A roof over your head, food in your belly and a warm home will be all the masses can hope for.
23 August 2011, 02:08 PM
#43
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The entire western world is going down the tubes. This is the start of it and it will get a lot worse IMHO.
The expansion of "wealth" we all enjoyed in the last 30+ years will seem like a distant dream by 2020.
A roof over your head, food in your belly and a warm home will be all the masses can hope for.
The expansion of "wealth" we all enjoyed in the last 30+ years will seem like a distant dream by 2020.
A roof over your head, food in your belly and a warm home will be all the masses can hope for.
23 August 2011, 02:44 PM
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The entire western world is going down the tubes. This is the start of it and it will get a lot worse IMHO.
The expansion of "wealth" we all enjoyed in the last 30+ years will seem like a distant dream by 2020.
A roof over your head, food in your belly and a warm home will be all the masses can hope for.
The expansion of "wealth" we all enjoyed in the last 30+ years will seem like a distant dream by 2020.
A roof over your head, food in your belly and a warm home will be all the masses can hope for.
23 August 2011, 06:37 PM
#46
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The entire western world is going down the tubes. This is the start of it and it will get a lot worse IMHO.
The expansion of "wealth" we all enjoyed in the last 30+ years will seem like a distant dream by 2020.
A roof over your head, food in your belly and a warm home will be all the masses can hope for.
The expansion of "wealth" we all enjoyed in the last 30+ years will seem like a distant dream by 2020.
A roof over your head, food in your belly and a warm home will be all the masses can hope for.
24 August 2011, 08:59 AM
#47
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The entire western world is going down the tubes. This is the start of it and it will get a lot worse IMHO.
The expansion of "wealth" we all enjoyed in the last 30+ years will seem like a distant dream by 2020.
A roof over your head, food in your belly and a warm home will be all the masses can hope for.
The expansion of "wealth" we all enjoyed in the last 30+ years will seem like a distant dream by 2020.
A roof over your head, food in your belly and a warm home will be all the masses can hope for.
It's greed that has crippled this country anyway. We are ALL guilty of it to some extent.
24 August 2011, 09:46 AM
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24 August 2011, 05:06 PM
#49
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This could well be the start of a brighter future .... where those who work and save get the spoils.
Those who don't work will be allowed to stay alive .... but, forget getting enough in hand outs for ****, drink, nights out, iphones, ipads and the latest trainers! If you want them - WORK!
Where house prices reflect earnings and not a desire to get rich quick.
Where you save before you buy, instead of credit.
Where the price of something pales against the value of something.
I'm not sure that we won't just drift back to where Maggie Thatcher started, and the grab, grab, grab society comes to the fore once more.
Blairs 'caring' society was too generous to those chavs and chavettes!
Those who don't work will be allowed to stay alive .... but, forget getting enough in hand outs for ****, drink, nights out, iphones, ipads and the latest trainers! If you want them - WORK!
Where house prices reflect earnings and not a desire to get rich quick.
Where you save before you buy, instead of credit.
Where the price of something pales against the value of something.
I'm not sure that we won't just drift back to where Maggie Thatcher started, and the grab, grab, grab society comes to the fore once more.
Blairs 'caring' society was too generous to those chavs and chavettes!
24 August 2011, 05:21 PM
#51
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Pete,
Your attention is required on this thread you started a week or so back. Your web of lies is being questioned
https://www.scoobynet.com/non-scooby...come-void.html
Your attention is required on this thread you started a week or so back. Your web of lies is being questioned
https://www.scoobynet.com/non-scooby...come-void.html
07 September 2011, 08:56 AM
#53
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10% VAT ? Yeah right.
Where's the other 10% on EVERY thing we buy, going to come from?
Dump the NHS? Cut EVEN MORE services. Pete, sorry, but you're talking out of your hat bud.
Stop immigration from EU and stop giving to people who do nothing. (mums with kids, exempt of course). Im talking about men and women who CHOOSE to live off the system. If you dont work and aka Shameless style, get them to work for the council, sweeping roads, collecting rubbish. People who do nothing MUST earn their keep. I have to, you have to - so should they.
Where's the other 10% on EVERY thing we buy, going to come from?
Dump the NHS? Cut EVEN MORE services. Pete, sorry, but you're talking out of your hat bud.
Stop immigration from EU and stop giving to people who do nothing. (mums with kids, exempt of course). Im talking about men and women who CHOOSE to live off the system. If you dont work and aka Shameless style, get them to work for the council, sweeping roads, collecting rubbish. People who do nothing MUST earn their keep. I have to, you have to - so should they.
07 September 2011, 09:08 AM
#54
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"There is no mystery about Gordon Brown’s sale of British gold reserves.
Vigilance – A Defence of British Liberty, published in 2001.
The Maastricht Treaty lays title claim to all the UK’s gold and dollar reserves. At the time of the sale the recently-launched euro was struggling to establish itself on the currency markets. Receipts from the gold sale were used to buy euros, which propped it up for a while but failed to stop the slide.
However the transaction simultaneously met a large part of the demand that all the UK’s gold and dollar reserves be passed to Frankfurt while neatly avoiding physical transfers in fleets of bullion trucks driving to the Channel ports"
Vigilance – A Defence of British Liberty, published in 2001.
The Maastricht Treaty lays title claim to all the UK’s gold and dollar reserves. At the time of the sale the recently-launched euro was struggling to establish itself on the currency markets. Receipts from the gold sale were used to buy euros, which propped it up for a while but failed to stop the slide.
However the transaction simultaneously met a large part of the demand that all the UK’s gold and dollar reserves be passed to Frankfurt while neatly avoiding physical transfers in fleets of bullion trucks driving to the Channel ports"
Where did the bullion trucks with the half that he did sell go to with our gold then?
Why could he not just say no when it came to giving our reserves to the Eu anyway?
Les
07 September 2011, 10:00 AM
#55
I have been un-employed now since May 2009 
I have looked for work all the time but find it very hard to find anything that I feel I can do.
I suffer with back problems and so I am limited to what I can do (don't want to be doing sickies as I would be back to square one). I was diagnosed with chronic dipresson (sorry for spelling) and at that time I was working in a funeral home, so not the best place to be. Which is why I had to leave
Since then I have applied for umpteen amount of jobs, had around 4 interviews and all have been the same answer.
Now the country have all these people un-employed but the business's employ cheap labour (I think you know where I am aiming at with this comment) and us British people wont work for monkey nuts (well most of them anyway).
Sorry if this is off the beaten track, but had to get something off my chest
.
Oh btw since I have been out of work, I have not signed on! So for those who get on their high horse and start to moan about sponging lay abouts that claim dole and do f**k all else, you can jog on
lol
I have looked for work all the time but find it very hard to find anything that I feel I can do.
I suffer with back problems and so I am limited to what I can do (don't want to be doing sickies as I would be back to square one). I was diagnosed with chronic dipresson (sorry for spelling) and at that time I was working in a funeral home, so not the best place to be. Which is why I had to leave
Since then I have applied for umpteen amount of jobs, had around 4 interviews and all have been the same answer.
Now the country have all these people un-employed but the business's employ cheap labour (I think you know where I am aiming at with this comment) and us British people wont work for monkey nuts (well most of them anyway).
Sorry if this is off the beaten track, but had to get something off my chest
.Oh btw since I have been out of work, I have not signed on! So for those who get on their high horse and start to moan about sponging lay abouts that claim dole and do f**k all else, you can jog on
lol
07 September 2011, 10:32 AM
#56
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It is people like my sister who has never worked in her life that gets her dole money that pisses me off. It makes my blood boil as both her and her partner don't work, they have a bigger house than me, a bigger/better/new TV than me, a car and ofcourse a powerful motorbike for a bit of fun. They are never short of money either.
Last edited by Jamz3k; 07 September 2011 at 10:34 AM.
07 September 2011, 04:51 PM
#59
Considering you have worked which means you have paid taxes why not sign on? You've paid your way and now its time to get something back in your hour of need. My cousin is in a very similar situation and until spending a bit of time with him, I didn't understand how badly depression can affect someones ability to work. He also suffers from anxiety and it is terrible seeing a grown man frightened when the phone rings.
It is people like my sister who has never worked in her life that gets her dole money that pisses me off. It makes my blood boil as both her and her partner don't work, they have a bigger house than me, a bigger/better/new TV than me, a car and ofcourse a powerful motorbike for a bit of fun. They are never short of money either.
It is people like my sister who has never worked in her life that gets her dole money that pisses me off. It makes my blood boil as both her and her partner don't work, they have a bigger house than me, a bigger/better/new TV than me, a car and ofcourse a powerful motorbike for a bit of fun. They are never short of money either.
So I signed on for 6 months and then stopped.The reason why I didn't get anything was becasue around 18 months previous I was unemployed and signed on for 6 months. I was then told that i wouldn't get any money after the 26 weeks and that I couldn't sign on (was signing on for contribution based) any more. So I signed off. So as I didn't earn enough money within the previous 2 years to warrent any benefit, I would get naff all the. So after I left the funeral job I didn't bother going to the job centre as I knew the response would be the same as before.
So although I have worked I hadn't paid enough in to what ever it is they call it, for me to be able to get anything out of it!
The last time I did go to the JC I said to woman there "I bet if I was from another country, I would get some money" to which she replied, "I am sorry, but I can not comment on that, sorry"
lol
