Prestwich_Blue
Well-Known Member
You know I love you really. How's the bomb shelter coming along by the way?Cheeky twat :-)
You know I love you really. How's the bomb shelter coming along by the way?Cheeky twat :-)
One us the subtraction of earnings against spending. You made the point they reduced the deficit by 75% as if that was a good thing. It would only be good if that reduction was achieved through growth in GNP. It hasn't it was achieved mainly due to cuts. The Opportunity Cost; you live economics so know what that means) of these cuts is that growth is impeded through no multiplier effect.
We can have a surplus of but if that is not achieved through growth then it's a race to the bottom.
You made a bug deal if the reduction, but while that us achieved at the expense of growth through too little stimulus to the economy means we need to look at the debt to see the real story of our economic position.
Deficit reduction achieved through cuts too deep, may reduce your deficit over a period but your borrowing shows wether that strategy is working to stimulate growth.
We have added £900b to the debt the deficit is a snap shot of what we have left after we pay our bills. Bills can reduce through not spending. Deficit easy to reduce by cutting services. Debt the real indicator and if you think reducing the deficit by 75% is good in the context of an increase of £900b debt, then I would advise getting a new economics book,
You know I love you really. How's the bomb shelter coming along by the way?
eeew. Yuck.Voted come on Jeremy, do it for the working class
We'll see later going to take your advice and lay a £10 on them can feel it in my watereeew. Yuck.
You've totally moved away from the point I made and built a strawman that I don't care to argue against (public spending is still higher now than it was in 2010 for example).
You've not backed your assertion that the level of debt increase is not connected to the deficit. Which was patently codswallop
Even PB has told you I was right and he's not saying that for chance of sitting on my knee at an away game.
It'd help him see ;-)
Deficit and debt are interlinked. You got it wrong. I don't need any new economics book.
Don't worry mate, Theresa's got it all under control.It had fucking well better be, Colin, because unless either we remain in the single market (or some compromise version that includes an ability to provide financial services to the other 27 members) or Art 50 is simply revoked, we have got less than 21 months in which to work out how to replace the huge loss of national income that will flow from the end of passporting. If that happens and we revert to WTO rules the effect on the debt, the defecit and the economy generally will make this discussion a bit like the one about where the deck chairs should be placed on the upper deck of the Titanic.
Each constancy has a returning officer appointed by the local authority to the law of the land and pick/check volunteers - mostly local authority workers - to work as poll clarks to supervise the vote in polling stations and count the votes later. You get paid about £250 for a long days work. It's very interesting. Did it once for the Cheadle constituency.Your local authority. No company involvement at all.
I got 15:1 on Labour majority for my £20 weeks ago.We'll see later going to take your advice and lay a £10 on them can feel it in my water