The Post General Election Thread

[The perfect fumble]

France were in a similar position to us when the coalition came into power, only they voted in a socialist government. Since then, the coalition has created more jobs in Yorkshire alone than France has created and our unemployment rate is half of theirs. In their most recent elections, they've replaced that socialist government with a right wing alternative. So why would they have done that if the socialist approach is better and is at least as adept at improving the economy as the right wing method of narrowing the public sector?

Dearie me....been reading the Mail have you?

Nope, just come to that conclusion based on my reading around of the subject, just like PB came to his by doing the same. Just he reached a different conclusion.

Care to answer any of the points I made though? If France were following the socialist economic ideal, why is their economy worse than the UK's?

I hate to do a Damocles on you, but creating thousands of low paid jobs might be something, though I'm not sure what that something is, but it is hardly the definitive statement regarding our economy compared to France.

I think you need to put a bit of meat on the bone when you state that their economy is worse than ours, and you have to nail it specifically to them having a socialist government.

I'm not being pedantic, but as our economy is counted in Sterling and theirs in Euros, the drop in the value of the Euro has lopped off percentage points from their economy and bear in mind, when we're happy to engage it little wheezes like this one.....

<a class="postlink" href="http://www.telegraph.co.uk/finance/economics/11313327/Britain-edges-past-France-on-world-stage.html" onclick="window.open(this.href);return false;">http://www.telegraph.co.uk/finance/econ ... stage.html</a>

UK economy, boosted by the inclusion of sex and drugs in national accounts, overtakes France by a whisker to become the world's fifth largest economy.....

It's all a bit of a buggers muddle.

 

[Lucky13]

, it's tough in the private sector, my choice I know, any increase in public sector wages would have no effect on mine.

Nonsense

Have you ever heard of the economic multiplier effect?

The only reason in the private sector you would not get a rise is because of greedy bosses paying crap wages and cutting costs whilst relying on corporate welfare to fill up there Cayman Island bank accounts.

Dont blame the public sector grafters, blame your greedy bosses.

 

[The perfect fumble]

https://twitter.com/BrigonChomhgail/status/598828273452326912

Brigonos Chomhgaill

What David Cameron said actually seems perfectly reasonable if you're a comic book supervillain.

[bigimg]https://pbs.twimg.com/media/CE93JCFWEAA6iSU.jpg:large[/bigimg]

 

[Lucky13]

, it's tough in the private sector, my choice I know, any increase in public sector wages would have no effect on mine.

Nonsense

Have you ever heard of the economic multiplier effect?

The only reason in the private sector you would not get a rise is because of greedy bosses paying crap wages and cutting costs whilst relying on corporate welfare to fill up there Cayman Island bank accounts.

Dont blame the public sector grafters, blame your greedy bosses.

I'm not blaming anyone, I'm proving the point that in the sector I work in, a public sector pay rise would not result in a pay rise for me.

Read through mine and PB's exchange properly , I don't know how you could come to any other conclusion.

 

[Prestwich_Blue]

Nonsense

Have you ever heard of the economic multiplier effect?

The only reason in the private sector you would not get a rise is because of greedy bosses paying crap wages and cutting costs whilst relying on corporate welfare to fill up there Cayman Island bank accounts.

Dont blame the public sector grafters, blame your greedy bosses.

I'm not blaming anyone, I'm proving the point that in the sector I work in, a public sector pay rise would not result in a pay rise for me.

Read through mine and PB's exchange properly , I don't know how you could come to any other conclusion.

You don't get it do you? No amount of public spending policy can directly impact the financial relationship between you personally and your private sector employer. If they want to increase profits by cutting costs then there nothing anyone can do to change that.

But, on an aggregate level, more money in public sector pockets means more money in the economy in general and more being spent in shops and on services.

 

[SWP's back]

France were in a similar position to us when the coalition came into power, only they voted in a socialist government. Since then, the coalition has created more jobs in Yorkshire alone than France has created and our unemployment rate is half of theirs. In their most recent elections, they've replaced that socialist government with a right wing alternative. So why would they have done that if the socialist approach is better and is at least as adept at improving the economy as the right wing method of narrowing the public sector?

Dearie me....been reading the Mail have you?

That lazy come back will be on your head stone bud.

 

[SWP's back]

I must say fumble, ever since I requested a source, it's rare that you don't post a link.

Well done.

 

[i kne albert davy]

I'm not blaming anyone, I'm proving the point that in the sector I work in, a public sector pay rise would not result in a pay rise for me.

Read through mine and PB's exchange properly , I don't know how you could come to any other conclusion.

You don't get it do you? No amount of public spending policy can directly impact the financial relationship between you personally and your private sector employer. If they want to increase profits by cutting costs then there nothing anyone can do to change that.

But, on an aggregate level, more money in public sector pockets means more money in the economy in general and more being spent in shops and on services.

Without appearing not fully understand this one but where's this money to give extra to the public sector come from.We have a massive balance of trade deficit so its not from abroad and the public finances a'int to hot we're told only other why i can see is to just print unearned money.

 

[Lucky13]

I'm not blaming anyone, I'm proving the point that in the sector I work in, a public sector pay rise would not result in a pay rise for me.

Read through mine and PB's exchange properly , I don't know how you could come to any other conclusion.

You don't get it do you? No amount of public spending policy can directly impact the financial relationship between you personally and your private sector employer. If they want to increase profits by cutting costs then there nothing anyone can do to change that.

But, on an aggregate level, more money in public sector pockets means more money in the economy in general and more being spent in shops and on services.

In your original point you said a PS pay rise would have an effect on PS pay , that's why I asked you that specifically , i'm fully aware that more money in people's pockets is good for the economy .

 

[The perfect fumble]

I'm not blaming anyone, I'm proving the point that in the sector I work in, a public sector pay rise would not result in a pay rise for me.

Read through mine and PB's exchange properly , I don't know how you could come to any other conclusion.

You don't get it do you? No amount of public spending policy can directly impact the financial relationship between you personally and your private sector employer. If they want to increase profits by cutting costs then there nothing anyone can do to change that.

But, on an aggregate level, more money in public sector pockets means more money in the economy in general and more being spent in shops and on services.

Agreed.

Put as simply as I can find....

https://www.ebury.com/blog/2014/11/27/uk-gdp-growth-consumption-government-spending-boost-economy/

"Strong levels of consumer spending enabled the UK economy to grow by 0.7% in the third quarter of 2014. The amount of household spending, of which accounts for two-thirds of overall UK output, grew at its strongest rate in four years by 0.8% over the quarter. This, coupled with an increase in government spending by 1.1%, helped Gross Domestic Product increase by an annualised 3% "

So I repeat..... household spending....... accounts for two-thirds of overall UK output

So, if you squeeze pay, particularly in regions where there are high concentrations of public sector workers and where, as in regions like the North West, public sector pay, is, on average, higher than private sector pay, then those public sector workers have less money to spend and their consumption declines, given how much consumption contributes to our GDP, then.....You can fill in the rest yourself.