Post Match Thread: Election 2017

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Chippy_boy said:
No, you cut the "fucking bullshit". I am sick to death people moaning about how fucking awful everything is and how we should spend more on X, more on Y, moron Z. The morons.

We had a deficit before the crash of 2007/8. And yes Gordon had to find the money to bail out the banks, or we'd all be fucked. Completely fucked. Even lefties agree there was no alternative.

And having bailed them out, he left us with the highest deficit of ALL major economies. We were teetering on the point of being Greece. It's so easy to be critical of the Tories not spending enough on everything, but we couldn't increase taxes, since it would destroy any hope of a recovery and we couldn't increase debt from what was already very high levels and rising fast, like £170bn a year fast.

The is the very inconvenient truth that Labour supporter are just not interesting in hearing.

Just fucking spend it anyway, is not the answer.
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A minor deficit below the range of the previous Tory government. Unless you remember all the necessary context of the economy and challenges over these periods to reliably compared economy management between the parties with a good level of economics knowledge - how can you say whether it's good management or bad management? Investment is needed for the long term but if you're just looking at a graph "oh, negative, that's bad" (like the average person) important factors are not being considered - like watching a clip that totally edits context to make it look like something else happened.

When people are criticising cuts, they are criticising them after they are proving to be at the point of dangerous or at least very risky - they aren't saying from that "spend more!" The whole economy is being managed very poorly. These aren't simple issues so I'm just asking we don't oversimplify them but putting playing with people's lives is not acceptable - there are other options that should be taken before that and that is my gripe with the Tories regarding cuts.
 
without a dream said:
But May's latest soundbite is 'an end to austerity' isn't it? So maybe there's a school of thought that spending can stimulate a stagnant economy and reduce the deficit that way...
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Indeed. Judicious public investment in infrastructure for example can be used to stimulate growth.

But as I say, in 2010, our hands were tied. We've already seen a relaxiting of austerity with the revised dates for budget surplus. I am sure we'll see some further spending on e.g. the NHS too, since the government will, I hope listen to public opinion.

However, what it is not about is throwing caution to the wind, splurging like mad on everything and hoping for the best. It's about a balance, of being prudent and also mindful that cuts are hurting. The public have just given the Tories another reminder.
 
Austerity wasn't just about balancing the books it was also an opening for Osborne to drive the public sector down to 36% of GDP which is like fiscal porn for Tories.

Weird lot.
 
MillionMilesAway said:
I read the original ("capitalism is about wealth creation for all") to mean "everyone can become wealthy" not "everyone will have the same wealth" or "will be wealthy".
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Everyone can become wealthy in the same way everyone can become prime minister
In theory fine, in practice not going to happen. A decent society should look after the interests and welfare of all its citizens. By that I mean the wealth creators as well as the needy. The notion though that the wealth creators' interests should be the sole focus of government to the detriment of the less well off or less capable is unacceptable. There is a balance to be struck and the balance has tipped too far away from the needs of the less well off. It needs a correction and if we're lucky we might get one in the next election.
 
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