gordondaviesmoustache
Well-Known Member
Ducado said:law74 said:Depending on where you work, and what you work at, you might have to, though if the interest rates start climbing as predicted by many of the economists out there, even that may not be an option for long.
Can you name the economists? Would these be the same ones who did not predict that the casino economics of Labour would not end in tears? I don't have my crystal ball on me but raising rates would serve no purpose at this moment, rather than taming inflation they would make it worse, as most of the inflation is coming from Oil and food prices which we have no control over.
I accept that we are in difficult times but if we take Canada for example that cut far more severe than we have, they came out the other side and are doing OK now, things will work out in the long run.
This is right. All these nay-sayers on here saying that British society will cease to function as a result of these cuts are deluded.
There will be a few years of pain (sadly more for some than others) and then we'll come through the other side intact and good to go.