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ThisisBigBrother.com - UK TV Forums > Non Big Brother Chat > Serious Debates & News > We are in the black. Is this a good thing or a bad thing?
View Poll Results: Is it a good thing, a bad thing or ....
I think government surplus is a good thing 7 53.85%
I think government surplus is a good thing
7 53.85%
I think government surplus is a bad thing 3 23.08%
I think government surplus is a bad thing
3 23.08%
I'm not sure as I don't really understand how it works. 1 7.69%
I'm not sure as I don't really understand how it works.
1 7.69%
I haven't given it any thought. 2 15.38%
I haven't given it any thought.
2 15.38%
Voters: 13. You may not vote on this poll

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Old 06-03-2018, 09:40 AM #1
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Default We are in the black. Is this a good thing or a bad thing?
George Osborne announced 5 days ago that we are in the black and the current government is now in budget surplus.

https://www.telegraph.co.uk/business...osborne-right/

Was all this suffering worth it? Was it something that had to be done? and will we now be better off as we move towards Brexit?
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Old 06-03-2018, 09:47 AM #2
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It's great news. Money can now start to be used improving services etc rather than making interest payments.
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Old 06-03-2018, 09:48 AM #3
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All what suffering? Having to have a McDonalds only once a week instad of the usual five times?
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Old 06-03-2018, 10:23 AM #4
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All what suffering? Having to have a McDonalds only once a week instad of the usual five times?
Spot on Alf, we only suffer if we expect want more than we need.
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Old 06-03-2018, 02:06 PM #5
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All what suffering? Having to have a McDonalds only once a week instad of the usual five times?
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Spot on Alf, we only suffer if we expect want more than we need.
Or what about my brother having his disability cut. Not having the equipment he desperately needs to lead a good quality of life.

Silly him. All want, want, want.
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Old 06-03-2018, 02:09 PM #6
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Or what about my brother having his disability cut. Not having the equipment he desperately needs to lead a good quality of life.

Silly him. All want, want, want.
We all want a good quality of life
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Old 06-03-2018, 02:11 PM #7
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We all want a good quality of life
Well, you can go to the toilet unaided, walk where you need to go, feed and clothe yourself so I'd say you've got it good going.

Not everyone is as fortunate.

Again, we're talking about basic needs, not Maccies for tea.
Last edited by Marsh.; 06-03-2018 at 02:12 PM.
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Old 06-03-2018, 01:19 PM #8
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All what suffering? Having to have a McDonalds only once a week instad of the usual five times?
Not every family can afford a McDonalds nowadays in this country as the working class are getting poorer.
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Old 06-03-2018, 01:34 PM #9
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Not every family can afford a McDonalds nowadays in this country as the working class are getting poorer.
that is patently not true
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Old 06-03-2018, 01:53 PM #10
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that is patently not true
Well no it's not but really what I find more concerning is that it's becoming difficult to make a half decent meal for a family from scratch for much less than a McDonalds . Obviously it's better to do so because McDonalds has the nutritional content of hamster bedding... but still.
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Old 07-03-2018, 09:03 AM #11
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that is patently not true
It is true.

http://uk.businessinsider.com/inequa...-poorer-2017-2
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Old 07-03-2018, 09:06 AM #12
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that is not evidence to back up your specific claim i am afraid
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Old 06-03-2018, 09:54 AM #13
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Good news that we have steadied the ship and the IMF agree. Now we will have a quiet undramatic budget and steam ahead with Brexit.
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Old 06-03-2018, 09:55 AM #14
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Hopefully now we are in the black there won’t be any need for more cuts.
The interest that was being paid on the day to day spending should be put to good use as well,
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Old 06-03-2018, 10:35 AM #15
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Terrible news!

F’king sick of these Tories
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Old 06-03-2018, 10:37 AM #16
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Terrible news!

F’king sick of these Tories
Awful isn’t it.
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Old 06-03-2018, 10:45 AM #17
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Terrible news!

F’king sick of these Tories
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Old 06-03-2018, 10:42 AM #18
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I mean I don't really understand how it all works but I don't see how it could be a bad thing? Wouldn't that make being in the red a good thing? Or if they're both bad things then what's the point in anything
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Old 06-03-2018, 10:47 AM #19
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I mean I don't really understand how it all works but I don't see how it could be a bad thing? Wouldn't that make being in the red a good thing? Or if they're both bad things then what's the point in anything
being in the red means you are spending other peoples money rather than your own, which i guess is a good thing, but only if you don't need to pay it back
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Old 06-03-2018, 11:22 AM #20
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I mean I don't really understand how it all works but I don't see how it could be a bad thing? Wouldn't that make being in the red a good thing? Or if they're both bad things then what's the point in anything
A lot of people don't understand Jamie. Its obviously a good thing for home economics but government debt and balancing the books is hugely different to the way households survive.

When we have a deficit we can allow higher government spending because there's more money in circulation. The only way the government can run a surplus is by taking money from the public purse. It needs to tax the people more than it spends on the people. The problem with that is, there has to be a continuous filter of money coming from the private sector to keep the government afloat. The government has to rely on the private sectors willingness to keep borrowing but when borrowing reaches a stage where the debt can no longer be serviced, they go into liquidation (something we are seeing at the moment) and when they go into liquidation we then reach a point of stagnation and with stagnation comes economic crisis.

https://www.youtube.com/watch?v=A02ajx4Qz28

Time to remind ourselves of Bill Clintons celebrated 4 years of being in surplus before everything came to a grinding halt.
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Old 06-03-2018, 01:50 PM #21
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I mean I don't really understand how it all works but I don't see how it could be a bad thing? Wouldn't that make being in the red a good thing? Or if they're both bad things then what's the point in anything
You make it all so simple to understand Jamie.
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Old 06-03-2018, 02:04 PM #22
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You make it all so simple to understand Jamie.
Good to see you back now hopefully the accusations that I ran you off the forum will stop.
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Old 06-03-2018, 02:40 PM #23
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Good to see you back now hopefully the accusations that I ran you off the forum will stop.
You did not run me anywhere, but thank you for the welcome back.
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Old 07-03-2018, 01:11 AM #24
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Good to see you back now hopefully the accusations that I ran you off the forum will stop.
Does anyone think you are that influential?
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Old 07-03-2018, 06:10 AM #25
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Does anyone think you are that influential?
Oh YES - Kizzy herself.
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