EU referendum

[EalingBlue2]

Pmsl. I'd eat you alive for understanding of economic issues. It's how I earn money. You completely ignored the profligate spending during a period of sustained economic growth 97-2007 leaving no money for a rainy day. If they hadn't fucked up with that then 2008-09 needn't have been so bad as the government could have spent their savings (rather than borrow) on infrastructure projects to help the economy. Instead they had used all that money along with borrowing to bribe the over bloated public sector.

Frankly I very very much doubt it, but honestly It's pretty irellevant , you could be another Harvard educated nobel laureate, a modern day Adam Smith - in your own mind and in your forum persona and good luck to you if you believe it - that's half the battle.

you could also claim to have a 16 inch cock and a fine golden head of hair with 30 inch biceps and I would have little desire to verify.

If you were so knowledgable you would know just how wrong "genius world leading economists" often are, you would also know how long major infrastructure takes to have a serious impact fiscally.

Where I won't disagree is that governments in the 90's and noughties of all political hues wasted huge amounts of money in frivolous tax cuts and frivolous spending and if all the hay is eaten in the summer there is nothing left for winter.

 

[EalingBlue2]

Same applies to Gideon in 2010-2015.
He let his borrowing targets rip to ensure a general election victory.
If there's another crash then he also will guilty of "leaving no money for a rainy day".

Don't argue with a self confessed genius he will eat you got elevenses if he has room left

 

[Len Rum]

I appreciate it's not really a debate for this thread. If he had reduced the deficit to zero by 2015, that would have meant even harsher cuts. Is that something you wanted?

No I wouldn't.
But he cut too much 2010 to 2012, crashed the economy, then had to borrow like aLabour chancellor on steroids 2012 -2015 to reverse his previous cuts and manufacture a recovery.
Had he managed the whole cycle of borrowing better then the deficit could have been eliminated without harsher cuts.

 

[Chipmeister]

Damned if we do, damned if we don't.

That's the sad reality of the decision, whatever happens will affect the nation for decades and irreversibly so if we are ultimately governed by the EU bureaucrats.

 

[EalingBlue2]

Damned if we do, damned if we don't.

That's the sad reality of the decision, whatever happens will affect the nation for decades and irreversibly so if we are ultimately governed by the EU bureaucrats.

The good news is most of the impact will be the same in or out long term as it won't change the Ponzi scheme or who the country is run for too much either way.

 

[denislawsbackheel]

In the words of Liam Byrne I’m afraid there is no money, Good Luck...

Of course what Tory fan Bois don't know is that Byrne was recalling a similar note left by Tory Reginald Maudling to his Labour successor James Callaghan in 1964: "Good luck, old cock ... Sorry to leave it in such a mess."

 

[mat]

this.

 

[Moriati]

Aren’t the markets getting into a bit of a tizzy about nothing? After all, if Britain leaves the European Union, they will still have to be a member of the EFTA and therefore will still have to abide by European Union laws and pay EU levies.

http://www.efta.int/eea/eu-programmes/application-finances/eea-efta-budget

Why would leaving the EU make any difference to the UK economy, exept for the appearance that Britain is no longer under Brussel’s thumb? Because Brexit will only mean that Britain loses its right to vote on laws that it will have to abide by.

The You tube clip is a very enlightening look at the EU Agenda. If you can’t spare 35 minutes fast forward to 15 mins in and stick with it for 10 mins.
I can confirm that the unelected regional assemblies have been operational for at least 7 years.

 

[urmston]

The Hungarian referendum will be more interesting, especially as the result is a foregone conclusion.

http://www.theguardian.com/world/20...ban-will-call-referendum-on-eu-refugee-quotas

Borders and fences are going up all over the EU and Brussels will be powerless to do anything about it.

The EU is becoming irrelevant because of changing circumstances. Member states never really cared about unity but only what they could get of membership, and as the EU lurches from crisis to crisis this is becoming ever more obvious.

 

[Moriati]

The Hungarian referendum will be more interesting, especially as the result is a foregone conclusion.

http://www.theguardian.com/world/20...ban-will-call-referendum-on-eu-refugee-quotas

Borders and fences are going up all over the EU and Brussels will be powerless to do anything about it.

The EU is becoming irrelevant because of changing circumstances. Member states never really cared about unity but only what they could get of membership, and as the EU lurches from crisis to crisis this is becoming ever more obvious.

Indeed.

"Nobody has asked the European people so far whether they support, accept, or reject the mandatory migrant quotas. The government is responding to public sentiment now: we Hungarians think introducing resettlement quotas for migrants without the backing of the people equals an abuse of power."

http://www.zerohedge.com/news/2016-...-can-anyone-else-decide-hungarians-who-we-liv