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Post by Deleted on Mar 16, 2023 19:22:10 GMT
Evidence
Conservative promises - versus - Labour warnings (2010)
The Conservative promises made by David Cameron, George Osborne and others during the 2010 general election campaign and at the despatch box ALL never materialised.
They said - that unless we followed their spending plans, the UK would end up losing its AAA Credit Rating
We did follow their spending plans, and in 2013 the UK lost its AAA Credit Rating
Gordon Brown, Alistair Darling, and even Vince Cable said that making immediate and deep cuts to budgets would impact growth, but this was disputed by the Conservatives during the election campaign.
The Labour government of Gordon Brown brought us out of the recession, and growth returned and was accelerating. By Quarter 4 of 2010 growth had returned back to negative ( -0.4 ).
EVERY forecast and prediction made by Chancellor George Osborne never materialised, he stated that the budget deficit would be repaired by 2015, and once again he had egg on his face.
There is no better remedy for the National Deficit than "growth", because growth automaticaly reduces the ratio of debt to GDP, and shrinking the public sector DOES have a knock on effect to production, manufacturing and the private productive sector.
It seems to me that Conservative dogma fails to grasp the basics of economics, probably because of rigid Conservative ideology.
The Labour leader Keir Starmer has got it 100% correct by stating that GROWTH will be the number 1 objective
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Post by Pacifico on Mar 16, 2023 22:27:13 GMT
Gordon Brown, Alistair Darling, and even Vince Cable said that making immediate and deep cuts to budgets would impact growth, but this was disputed by the Conservatives during the election campaign. Yet the Labour manifesto promised immediate cuts in Public Spending of £20 Billion and Public Sector pay rises limited to 1% - a real terms pay cut of 3%. well I hope for all our sakes he is more switched on than Gordon Brown - who has the worst record of any post war PM. |
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Post by Deleted on Mar 17, 2023 8:32:09 GMT
well I hope for all our sakes he is more switched on than Gordon Brown - who has the worst record of any post war PM. Brown has Bananarama's " "Robert De Niro's Waiting", good God. |
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Post by see2 on Mar 17, 2023 9:42:58 GMT
Gordon Brown, Alistair Darling, and even Vince Cable said that making immediate and deep cuts to budgets would impact growth, but this was disputed by the Conservatives during the election campaign. Yet the Labour manifesto promised immediate cuts in Public Spending of £20 Billion and Public Sector pay rises limited to 1% - a real terms pay cut of 3%. well I hope for all our sakes he is more switched on than Gordon Brown - who has the worst record of any post war PM.Your bias distorting any lingering commonsense you might once have owned. It must have hurt you terribly to see the seriously overrated Conservatives kept out of office for the longest period in their history. Which in itself makes your post a laughing stock. |
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Post by Pacifico on Mar 17, 2023 12:27:00 GMT
Yet the Labour manifesto promised immediate cuts in Public Spending of £20 Billion and Public Sector pay rises limited to 1% - a real terms pay cut of 3%. well I hope for all our sakes he is more switched on than Gordon Brown - who has the worst record of any post war PM.Your bias distorting any lingering commonsense you might once have owned. It must have hurt you terribly to see the seriously overrated Conservatives kept out of office for the longest period in their history. Which in itself makes your post a laughing stock. Not by Brown - the first time he tried to take the Tories on he got his arse handed to him on a plate.. |
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Post by borchester on Mar 17, 2023 13:04:30 GMT
Your bias distorting any lingering commonsense you might once have owned. It must have hurt you terribly to see the seriously overrated Conservatives kept out of office for the longest period in their history. Which in itself makes your post a laughing stock. Not by Brown - the first time he tried to take the Tories on he got his arse handed to him on a plate.. The problem is that (a) we expect politicians to do something and (b) think that they can
If Brown had sat in number eleven and done nothing for the next ten years all would have been well. The country would have ridden the boom of the early 21st century and still had a pile of cash to weather the little upsets of 2008.
But he didn't. He listened to assorted lefty dimwits who longed to be angry and poor and piss away sackloads of cash on problems that were in the process of sorting themselves out.
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Post by see2 on Mar 17, 2023 16:28:48 GMT
Your bias distorting any lingering commonsense you might once have owned. It must have hurt you terribly to see the seriously overrated Conservatives kept out of office for the longest period in their history. Which in itself makes your post a laughing stock. Not by Brown - the first time he tried to take the Tories on he got his arse handed to him on a plate.. No, but people who make up insinuating lies about Brown, like yourself, should be the laughing stock of all things political. If your posts had an ounce of decency on this matter they would have stopped this damaging dishonest nonsense long ago. Oh! but that would allow some credibility into the New Labour approach, and that would never do would it? |
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Post by dodgydave on Mar 18, 2023 2:32:12 GMT
Evidence Conservative promises - versus - Labour warnings (2010) The Conservative promises made by David Cameron, George Osborne and others during the 2010 general election campaign and at the despatch box ALL never materialised. They said - that unless we followed their spending plans, the UK would end up losing its AAA Credit Rating We did follow their spending plans, and in 2013 the UK lost its AAA Credit Rating Gordon Brown, Alistair Darling, and even Vince Cable said that making immediate and deep cuts to budgets would impact growth, but this was disputed by the Conservatives during the election campaign. The Labour government of Gordon Brown brought us out of the recession, and growth returned and was accelerating. By Quarter 4 of 2010 growth had returned back to negative ( -0.4 ). EVERY forecast and prediction made by Chancellor George Osborne never materialised, he stated that the budget deficit would be repaired by 2015, and once again he had egg on his face. There is no better remedy for the National Deficit than "growth", because growth automaticaly reduces the ratio of debt to GDP, and shrinking the public sector DOES have a knock on effect to production, manufacturing and the private productive sector. It seems to me that Conservative dogma fails to grasp the basics of economics, probably because of rigid Conservative ideology. The Labour leader Keir Starmer has got it 100% correct by stating that GROWTH will be the number 1 objective Austerity wasn't just a Tory policy. This wasn't a blip, this was eye watering levels of debt and countries were forced into Austerity by EU fiscal rules and a general sense that budget deficits had to be dealt with. Once Austerity became unpopular with voters the countries simply swept the massive debts under the carpet, leaving it for future generations. There is no way we are going to "grow our way" out of these debts. Add COVID on top and I can't see how we can ever repay them. Check out the debt levels. The world is living way beyond it means! www.usdebtclock.org/world-debt-clock.html |
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Post by see2 on Mar 18, 2023 9:12:18 GMT
Evidence Conservative promises - versus - Labour warnings (2010) The Conservative promises made by David Cameron, George Osborne and others during the 2010 general election campaign and at the despatch box ALL never materialised. They said - that unless we followed their spending plans, the UK would end up losing its AAA Credit Rating We did follow their spending plans, and in 2013 the UK lost its AAA Credit Rating Gordon Brown, Alistair Darling, and even Vince Cable said that making immediate and deep cuts to budgets would impact growth, but this was disputed by the Conservatives during the election campaign. The Labour government of Gordon Brown brought us out of the recession, and growth returned and was accelerating. By Quarter 4 of 2010 growth had returned back to negative ( -0.4 ). EVERY forecast and prediction made by Chancellor George Osborne never materialised, he stated that the budget deficit would be repaired by 2015, and once again he had egg on his face. There is no better remedy for the National Deficit than "growth", because growth automaticaly reduces the ratio of debt to GDP, and shrinking the public sector DOES have a knock on effect to production, manufacturing and the private productive sector. It seems to me that Conservative dogma fails to grasp the basics of economics, probably because of rigid Conservative ideology. The Labour leader Keir Starmer has got it 100% correct by stating that GROWTH will be the number 1 objective Austerity wasn't just a Tory policy. This wasn't a blip, this was eye watering levels of debt and countries were forced into Austerity by EU fiscal rules and a general sense that budget deficits had to be dealt with. Once Austerity became unpopular with voters the countries simply swept the massive debts under the carpet, leaving it for future generations. There is no way we are going to "grow our way" out of these debts. Add COVID on top and I can't see how we can ever repay them. Check out the debt levels. The world is living way beyond it means! www.usdebtclock.org/world-debt-clock.htmlAusterity was first introduced at the G20 in 2010 where both Brown and Obama argued for austerity and growth side by side. The EU changed that to austerity and growth in 2012. Starmer is IMO absolutely correct in wanting growth to be the main weapon against the ever mounting debt in the future. Apart from it being the right thing to do, it should give new life and energy to communities, as it starts to rebuild the thousands of small and not so small industries that were killed off in the 1980s. |
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Post by sheepy on Mar 18, 2023 9:17:33 GMT
Austerity wasn't just a Tory policy. This wasn't a blip, this was eye watering levels of debt and countries were forced into Austerity by EU fiscal rules and a general sense that budget deficits had to be dealt with. Once Austerity became unpopular with voters the countries simply swept the massive debts under the carpet, leaving it for future generations. There is no way we are going to "grow our way" out of these debts. Add COVID on top and I can't see how we can ever repay them. Check out the debt levels. The world is living way beyond it means! www.usdebtclock.org/world-debt-clock.htmlAusterity was first introduced at the G20 in 2010 where both Brown and Obama argued for austerity and growth side by side. The EU changed that to austerity and growth in 2012. Starmer is IMO absolutely correct in wanting growth to be the main weapon against the ever mounting debt in the future. Apart from it being the right thing to do, it should give new life and energy to communities, as it starts to rebuild the thousands of small and not so small industries that were killed off in the 1980s. Meanwhile the rank insane should be locked up in an asylum where they belong, growth on more and more borrowing is not growth apart from a debt mountain, that is not saying austerity was not squandered because it was, which made it pointless. |
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Post by Orac on Mar 18, 2023 9:34:38 GMT
A growth positive policy might be to reduce taxation. Someone tried that quite recently and civil service soft-couped them
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Post by Deleted on Mar 18, 2023 9:38:07 GMT
A growth positive policy might be to reduce taxation. Someone tried that quite recently and civil service soft-couped them Bloody civil service, enemies of the people.😂 |
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Post by zanygame on Mar 18, 2023 9:41:33 GMT
Austerity wasn't just a Tory policy. This wasn't a blip, this was eye watering levels of debt and countries were forced into Austerity by EU fiscal rules and a general sense that budget deficits had to be dealt with. Once Austerity became unpopular with voters the countries simply swept the massive debts under the carpet, leaving it for future generations. There is no way we are going to "grow our way" out of these debts. Add COVID on top and I can't see how we can ever repay them. Check out the debt levels. The world is living way beyond it means! www.usdebtclock.org/world-debt-clock.htmlAusterity was first introduced at the G20 in 2010 where both Brown and Obama argued for austerity and growth side by side. The EU changed that to austerity and growth in 2012. Starmer is IMO absolutely correct in wanting growth to be the main weapon against the ever mounting debt in the future. Apart from it being the right thing to do, it should give new life and energy to communities, as it starts to rebuild the thousands of small and not so small industries that were killed off in the 1980s. Read an interesting article which links low productivity to austerity on a more human level. In that a population that feels its going nowhere also works less hard. So on top of the known down sides of poor investment and lack of stimulus, you have a dispirited work force to. |
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Post by zanygame on Mar 18, 2023 9:45:17 GMT
A growth positive policy might be to reduce taxation. Someone tried that quite recently and civil service soft-couped them Because no one believed the plan would work. The big lenders (The money men) caused the coup. |
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Post by Orac on Mar 18, 2023 9:52:14 GMT
A growth positive policy might be to reduce taxation. Someone tried that quite recently and civil service soft-couped them Because no one believed the plan would work. The big lenders (The money men) caused the coup. The amounts of money involved were trivial and in themselves weren't a problem. The machine leaked / briefed against the government. As we have discussed before, the high debt makes us vulnerable to such manipulation. No doubt this is why some petition for debt levels to be raised further. |
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