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#1 | ||
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He's helped to craft the mirage of a recovery MTVN; to call it "solid" is, at the very least, jumping the gun. Let's look back on it in ten years and then judge what sort of a recovery we've had, if any.
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#2 | |||
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All hail the Moyesiah
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All things considered it is fairly solid, and compared to the rest of Europe we're in ok shape. Its not completely secure no but then it's hard to have any recovery that is that secure when we're as exposed as we are to world markets and the global economy, and that's just a fact of life now really.
Last edited by MTVN; 08-11-2015 at 11:50 PM. |
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#3 | |||
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Senior Member
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What's really alarming is, people still believe we are in okay shape. We are not and its got nothing to do with our global financialization and all to do with upping the percentage on this ludicrous 'austerity project'. Consumerism is now at an all time low, government spending is at an all time low and so is the GDP. This sort of radical austerity plan that’s been going on over the past three and a bit years, has reduced growth so much that its undercut government revenue and if you undercut government revenue, its impossible to shrink the deficit. http://europeansnapshot.com/2013/08/ Its disturbing that the UK’s performance is worse than France. This is what the Wall Street Journal had to say about them this time last year. http://www.wsj.com/articles/france-d...ess-1416254909 Between 2012 and 2013 the Conservatives suddenly appeared to see sense by considerably lowering their pull back on austerity. Our economy came out of stagnation and actually started to recover, things started looking up but when it came to Cameron's election campaign he promised his nation a further 2% cut in government spending and he lied to his nation by telling us all that 'austerity' was the ticket that had lifted our economy, when in fact it was the complete opposite. Its not what Cameron and Osborne are doing to our economy that frightens me; its that people in general don't understand what they are doing or worse, they believe all this mess is for the greater good!. Whilst Joe public still blame the Labour party for the mess we now find ourselves in, (which makes zero sense) our present government are destroying the future of Britain, whilst reassuring us that its all going to plan. https://www.oxfam.org/sites/www.oxfa...-120913-en.pdf According to Oxfam if these spending cuts continue 800,000 British children will live in poverty over the next decade. Over 1.5 million working age adults will fall into extreme poverty. and the bottom 10% of British earners will have seen their incomes fall 38% over this governments five year term. What's sad is, the victims of this result will be many of the British people who presently believe Cameron and Osborne are harmless.
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No longer on this site. |
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#4 | |||
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All hail the Moyesiah
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Judge our country against most indicators of a solid economy and across the board we're in ok shape: employment is up, growth continues even if it slowed in the last quarter, the pound is strong, inflation is not a concern, business investment is increasing, and earnings and household spending have been slowly picking up as well. I'm hardly claiming the Tories have performed miracles but overall it's not bad. Barring another global shock - which is of course possible - we are very unlikely to be in serious trouble anytime soon. Sorry if that makes me just another ignorant member of Joe Public but it is possible that other people have also read widely and come to different conclusions to you. |
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#5 | |||
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self-oscillating
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Senior Member
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"Everyone is entitled to their own opinions, but they are not entitled to their own facts". Daniel Patrick Moynihan (1927-2003) .................................................. .. Press The Spoiler Button to See All My Songs Spoiler: |
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#7 | |||
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Likes cars that go boom
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#8 | |||
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Senior Member
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Down in the last quarter? what does that tell us? This re-pull on austerity is once again causing a downward trend and the longer it goes on, the worse it gets. I don't believe the Tories will continue doing what they are doing because they know the long term damage it will cause, but they also use this stance on austerity as one of their big advertising slogans so just like they didn't tell us back in 2012-13 they will keep it under their belt again. Edited to say, We are being played with. The government are relying on our ignorance.
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No longer on this site. Last edited by DemolitionRed; 10-11-2015 at 09:03 AM. |
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#9 | |||
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self-oscillating
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I think you do the British people a great disservice, they are a lot more informed than you think, and shouldn't be judged ignorant because their views differ from yours |
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#10 | |||
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Senior Member
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'Ignorance' as used in my post, means lack of knowledge or information on a subject. What it doesn't mean, though people have the right to interpret this word out of context if they are looking to be offended, is foolishness, slow-wittedness or dimness. Edited to say: How many times on here have Corbyn supporters been called idiots, fools or bonkers? I'm not about to trudge through the archives but if I did, I'd know which posters history to search. Frankly, those comments don't ruin my day
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No longer on this site. Last edited by DemolitionRed; 10-11-2015 at 10:05 AM. |
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