Prestwich_Blue
Well-Known Member
Yes.SWP's back said:
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The Post General Election Thread
- Thread starter Ducado
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SWP's back
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Not this.Prestwich_Blue said:Yes.SWP's back said:NoPrestwich_Blue said:It's not a real recovery either so that's all right. This "it's not real deflation" nonsense is the latest spin from the Tories and their media allies. It might not be but we won't really know for a few months. By that time they'll have one up with another excuse.
Deflation is caused by a fall in aggregate demand, which is what some of us have been saying will happen for a while.
This is because the "recovery" was based on unsustainable consumer spending rather than being output driven. Now that's stopped and the danger is that people will hoard cash rather than invest it. What we should be doing is stimulating demand, even if that requires additional debt.
By doing it, companies increase production, real wages rise and people are encouraged to invest their surplus cash in the government bonds issued to create the debt.
Bill
Moderator
The perfect fumble said:mackenzie said:Unbelievable isn't it.The perfect fumble said:Give me strength!
And the Tories wonder why they're envied.
urmston
Well-Known Member
If you don't like deflation simply offer to pay more for things you buy.
I doubt many sellers will refuse the extra money.
I doubt many sellers will refuse the extra money.
hilts
Well-Known Member
minus 0.1% in April, absolutely gutted, spent quite a bit of money last month if only I had hoarded it, if this catastrophe doesn't show us we need to borrow more nothing will, I am now stashing 5p's in a jar and hiding it under my bed, I suggest you all do the same
SWP's back
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*giggle*hilts said:minus 0.1% in April, absolutely gutted, spent quite a bit of money last month if only I had hoarded it, if this catastrophe doesn't show us we need to borrow more nothing will, I am now stashing 5p's in a jar and hiding it under my bed, I suggest you all do the same
law74
Well-Known Member
Just got the mortgage put on a 7 year fixed rate who cares about inflation or deflation
totallywired
Well-Known Member
The small business`s that go under. Osborne comes on the telly trying to calm people down, he hasn`t got a clue whats down the road.law74 said:Just got the mortgage put on a 7 year fixed rate who cares about inflation or deflation
Blue Locust
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Using the 50k figure to state what nurses earn is the equivalent of quoting a chief constables wage and implying every police officer earns that amount. It totally distorts the argument. I can assure you a qualified nurse earns less than half that figure.worsleyweb said:The perfect fumble said:mackenzie said:Unbelievable isn't it.
And the Tories wonder why they're hated.
Urmston might be blunt but he knows his stuff. Not going into specifics about the shift premium but I have just studied the nurses Salary and benefits for 5 minutes and nurses can do very well with sunday double times and overtime working. Quite possible to earn 50k plus - note they get 33 days holiday after ten years and salary is based on a 37.5 hour week.
Looked at the pension benefits - 1/54th final salary pension scheme. Unrivalled to any pension available in the private sector.
I maintain that many in the public sector have no idea how hard it has been in the private sector. The health service has to become a 7 day service. How can we pay for that and an aging population?
SWP's back
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Wise move on that time frame.law74 said:Just got the mortgage put on a 7 year fixed rate who cares about inflation or deflation