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Post by see2 on Oct 24, 2022 9:42:42 GMT
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Post by Pacifico on Oct 24, 2022 10:36:53 GMT
Total government spending as a share of the economy increased by 9.6 percentage points, a record compared to any other 13 year period since 1955 (the earliest we have data for).
is this something we should be celebrating?
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Post by see2 on Oct 24, 2022 13:22:27 GMT
Total government spending as a share of the economy increased by 9.6 percentage points, a record compared to any other 13 year period since 1955 (the earliest we have data for).is this something we should be celebrating? It shows just what a mess the Tories left the country in. Was it all required? Probably. “The period 1997 to 2010 saw the most dramatic improvements in our public services, with the largest ever peacetime investment in them.” |
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Post by Toreador on Oct 24, 2022 13:33:10 GMT
Total government spending as a share of the economy increased by 9.6 percentage points, a record compared to any other 13 year period since 1955 (the earliest we have data for).is this something we should be celebrating? It shows just what a mess the Tories left the country in. Was it all required? Probably. “The period 1997 to 2010 saw the most dramatic improvements in our public services, with the largest ever peacetime investment in them.” It isn't the size of the investment but how it is spent. |
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Post by see2 on Oct 24, 2022 13:52:08 GMT
It shows just what a mess the Tories left the country in. Was it all required? Probably. “The period 1997 to 2010 saw the most dramatic improvements in our public services, with the largest ever peacetime investment in them.” It isn't the size of the investment but how it is spent. From the website on the OP: “There were over 44,000 new doctors in the NHS. Over 80,000 more nurses.” Big rises in Teachers numbers and big advances in numbers for GCSE passes. Health and education two of the most important things for the nation and for individuals. |
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Post by borchester on Oct 24, 2022 14:40:56 GMT
Total government spending as a share of the economy increased by 9.6 percentage points, a record compared to any other 13 year period since 1955 (the earliest we have data for).is this something we should be celebrating? Dunno.
In the mid 1990s, Norman Macrae wrote that the UK had reached the start of a boom that would continue for at least another 10 years and probably until 2008. It was therefore pointless for the government to pump money into the economy because private enterprise would solve the problem of unemployment better than Whitehall. Macrae further predicted that the government would still do so because all governments like to piss away the taxpayers money regardless of how ineffective that is.
Macrae was a financial conservative and a social liberal, which lead him to observe that while the Islington media classes adored the unemployed and wanted to pour everyone else' money into enhanced benefits, the working class thought that they were shiftless bastards who deserved nothing more substantial than regular kicks up the arse.
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Post by B0ycey on Oct 24, 2022 15:05:33 GMT
It shows just what a mess the Tories left the country in. Was it all required? Probably. “The period 1997 to 2010 saw the most dramatic improvements in our public services, with the largest ever peacetime investment in them.” It isn't the size of the investment but how it is spent. Indeed Toreador! The truth is the UK can borrow significantly more as long as the borrowing is for growth. Starmer can borrow whatever he likes for GB energy given that policy is a cash cow for example without spooking the market. Truss's problem was she was borrowing for non growth. That is to say borrowing for little return. All that does is flood your market with currency and the effect is inflation. Higher mortgage rates is another issue of Trussonomics. |
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Post by borchester on Oct 24, 2022 15:37:11 GMT
Total government spending as a share of the economy increased by 9.6 percentage points, a record compared to any other 13 year period since 1955 (the earliest we have data for).is this something we should be celebrating? It shows just what a mess the Tories left the country in. Was it all required? Probably. “The period 1997 to 2010 saw the most dramatic improvements in our public services, with the largest ever peacetime investment in them.” Sounds good.
And unemployment is currently at the lowest it has been in 50 years, so there will be no need for the government to pump ever more funds into whatever governments like to pump mega quantities of cash into.
So will Starmer be cutting taxes and such?
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Post by B0ycey on Oct 24, 2022 15:42:19 GMT
It shows just what a mess the Tories left the country in. Was it all required? Probably. “The period 1997 to 2010 saw the most dramatic improvements in our public services, with the largest ever peacetime investment in them.” Sounds good.
And unemployment is currently at the lowest it has been in 50 years, so there will be no need for the government to pump ever more funds into whatever governments like to pump mega quantities of cash into.
So will Starmer be cutting taxes and such?
Starmer says his policies are paid for Borky. I don't know if that is true given he has now changed his stance to not being able to do 'Labour things' due to funding, but even so what he has said like Sunak is tax cuts must be funded for first so I would say Starmer will cut taxes but he will do it towards the end of his five year term and not the start of it so he can fund it with GB energy yields. |
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Post by Deleted on Oct 24, 2022 16:02:53 GMT
People may debate and argue as much as they wish, but the plain and simple fact is that outcomes improved considerably in public services between 1997 and 2010. Outcomes - meaning the numbers of patients treated, the numbers of hospital procedures carried out, it also means waiting lists and waiting times, and it means referal times, the time between making a GP appointment and actually seeing a GP. The same old lame Tory excuses are that "more money was spent, but outcomes or efficiency diod not improve [WRONG]. Or that the only thing which happened under New Labour was that the number of managers and administrators increased [WRONG] and if proof were ever needed as to which political party the NHS is safest with, or least safe with, have a look at this article from the highly respected and independent Kings Fund >>> "Public satisfaction with the NHS has fallen to its lowest level since 1997, according to analysis of the 2021 British Social Attitudes survey (BSA) published today by The King’s Fund and the Nuffield Trust" www.kingsfund.org.uk/press/press-releases/bsa-public-satisfaction-nhs-lowest-level |
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Post by Pacifico on Oct 24, 2022 16:30:53 GMT
Sounds good.
And unemployment is currently at the lowest it has been in 50 years, so there will be no need for the government to pump ever more funds into whatever governments like to pump mega quantities of cash into.
So will Starmer be cutting taxes and such?
Starmer says his policies are paid for Borky. I don't know if that is true given he has now changed his stance to not being able to do 'Labour things' due to funding, but even so what he has said like Sunak is tax cuts must be funded for first so I would say Starmer will cut taxes but he will do it towards the end of his five year term and not the start of it so he can fund it with GB energy yields. That is optimistic - that scheme is just as likely to lose money as make any..  |
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Post by Pacifico on Oct 24, 2022 16:33:12 GMT
People may debate and argue as much as they wish, but the plain and simple fact is that outcomes improved considerably in public services between 1997 and 2010. Outcomes - meaning the numbers of patients treated, the numbers of hospital procedures carried out, it also means waiting lists and waiting times, and it means referal times, the time between making a GP appointment and actually seeing a GP. The same old lame Tory excuses are that "more money was spent, but outcomes or efficiency diod not improve [WRONG]. Right in fact - NHS productivity actually fell during the increase in spending by NL. NHS productivity 'has fallen every year since 2000' |
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Post by B0ycey on Oct 24, 2022 16:48:39 GMT
Starmer says his policies are paid for Borky. I don't know if that is true given he has now changed his stance to not being able to do 'Labour things' due to funding, but even so what he has said like Sunak is tax cuts must be funded for first so I would say Starmer will cut taxes but he will do it towards the end of his five year term and not the start of it so he can fund it with GB energy yields. That is optimistic - that scheme is just as likely to lose money as make any.. Perhaps it is you who is pessimistic. Once a windmill is built, it is literally becomes a cash cow under high energy prices as your only expense is servicing the things every so often given no raw materials are needed. In fact GB energy is such a good policy I am surprised no other party has took it up. |
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Post by Pacifico on Oct 24, 2022 17:12:45 GMT
That is optimistic - that scheme is just as likely to lose money as make any.. Perhaps it is you who is pessimistic. Once a windmill is built, it is literally becomes a cash cow under high energy prices as your only expense is servicing the things every so often given no raw materials are needed. In fact GB energy is such a good policy I am surprised no other party has took it up. If renewables are a cash cow they wouldn't need subsidizing and every company would already be building them. |
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Post by thomas on Oct 24, 2022 17:19:40 GMT
Starmer says his policies are paid for Borky. I don't know if that is true given he has now changed his stance to not being able to do 'Labour things' due to funding, but even so what he has said like Sunak is tax cuts must be funded for first so I would say Starmer will cut taxes but he will do it towards the end of his five year term and not the start of it so he can fund it with GB energy yields. That is optimistic - that scheme is just as likely to lose money as make any.. knowing starmer think of the worst case scenario then double it. Even the lefties on labour uncut and others sites are mocking starmer and his holy grail ...gb energy.
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