"We can't afford another stimulus package" Mervyn King
Discussion
http://business.timesonline.co.uk/tol/business/eco...
What can we read into this then chaps?
I think this is a move designed to enable Gordon to blame the BOE when things get worse
What can we read into this then chaps?
I think this is a move designed to enable Gordon to blame the BOE when things get worse
Martial Arts Man said:
The fact that the public finances are destroyed JagLover said:
Martial Arts Man said:
The fact that the public finances are destroyed You are right though, of course.
The lefties won't get the message though, as all the ones I have the pleasure of knowing seem to think that money grows in big Government money-tree vineyards; if the gov't doesn't spend it, the nasty Tories will give it to all their "rich mates"....I kid you not, I heard this only yesterday.
HowMuchLonger said:
ShadownINja said:
Will Clown go down in history as Gordon the Gambler?
Gordon has given us stability, so there is no more boom and bust. The economic problems are all due to America/Global Warming/Al Qaeda.
Martial Arts Man said:
HowMuchLonger said:
ShadownINja said:
Will Clown go down in history as Gordon the Gambler?
Gordon has given us stability, so there is no more boom and bust. The economic problems are all due to America/Global Warming/Al Qaeda.I stiffled my head-butting and just asked "why the f
k didnt he fix it then, he had the time" and a "enjoy your redundancy, you voted them in" he's working in construction and is rather quiet right now, mean I know, but I think he deserved it for being a mong.As if Dave has the balls to fix the problem:
"So just how sorry is David Cameron? On Friday he put his hands up to being part of a “cosy consensus” on tax and spending. So I had expected his press conference today to declare he’d torn up his plans to outspend what he inherits from Labour. All bets are off, I expected him to say, it's time for clean slate, and the Tories can make no promises on spending until they see the government books - i.e. real spending cuts aren't ruled out. But nope - his original position still stands: that the only question in his mind is the rate of increase in spending. But it will increase. And so, ergo, will debt.
So how can Cameron claim to be “solving Labour’s debt crisis” while proposing to massively increase public debt – which he would do, even by freezing spending in real terms? I asked him this in the press conference this morning. Cameron replied that hasn’t given details on his plans. But even if he implements a freeze, then debt (even excluding the banks) would rise from £730bn the year before the election (2009-10) to £960bn in 2013-14. By no stretch of the English language is this “solving a debt crisis”. Unkind souls might call it a “cosy consensus” - this idea that spending has to keep rising, even when tax revenues collapse. And that the public prefer higher spending to being saddled with debt.
http://www.spectator.co.uk/coffeehouse/3447096/it-...
Click the link to see a nice graph showing just how rubbish he is.
"So just how sorry is David Cameron? On Friday he put his hands up to being part of a “cosy consensus” on tax and spending. So I had expected his press conference today to declare he’d torn up his plans to outspend what he inherits from Labour. All bets are off, I expected him to say, it's time for clean slate, and the Tories can make no promises on spending until they see the government books - i.e. real spending cuts aren't ruled out. But nope - his original position still stands: that the only question in his mind is the rate of increase in spending. But it will increase. And so, ergo, will debt.
So how can Cameron claim to be “solving Labour’s debt crisis” while proposing to massively increase public debt – which he would do, even by freezing spending in real terms? I asked him this in the press conference this morning. Cameron replied that hasn’t given details on his plans. But even if he implements a freeze, then debt (even excluding the banks) would rise from £730bn the year before the election (2009-10) to £960bn in 2013-14. By no stretch of the English language is this “solving a debt crisis”. Unkind souls might call it a “cosy consensus” - this idea that spending has to keep rising, even when tax revenues collapse. And that the public prefer higher spending to being saddled with debt.
http://www.spectator.co.uk/coffeehouse/3447096/it-...
Click the link to see a nice graph showing just how rubbish he is.
Fittster said:
As if Dave has the balls to fix the problem:
"So just how sorry is David Cameron? On Friday he put his hands up to being part of a “cosy consensus” on tax and spending. So I had expected his press conference today to declare he’d torn up his plans to outspend what he inherits from Labour. All bets are off, I expected him to say, it's time for clean slate, and the Tories can make no promises on spending until they see the government books - i.e. real spending cuts aren't ruled out. But nope - his original position still stands: that the only question in his mind is the rate of increase in spending. But it will increase. And so, ergo, will debt.
So how can Cameron claim to be “solving Labour’s debt crisis” while proposing to massively increase public debt – which he would do, even by freezing spending in real terms? I asked him this in the press conference this morning. Cameron replied that hasn’t given details on his plans. But even if he implements a freeze, then debt (even excluding the banks) would rise from £730bn the year before the election (2009-10) to £960bn in 2013-14. By no stretch of the English language is this “solving a debt crisis”. Unkind souls might call it a “cosy consensus” - this idea that spending has to keep rising, even when tax revenues collapse. And that the public prefer higher spending to being saddled with debt.
http://www.spectator.co.uk/coffeehouse/3447096/it-...
Click the link to see a nice graph showing just how rubbish he is.
So you're trying to blame Cameron for the problems...?"So just how sorry is David Cameron? On Friday he put his hands up to being part of a “cosy consensus” on tax and spending. So I had expected his press conference today to declare he’d torn up his plans to outspend what he inherits from Labour. All bets are off, I expected him to say, it's time for clean slate, and the Tories can make no promises on spending until they see the government books - i.e. real spending cuts aren't ruled out. But nope - his original position still stands: that the only question in his mind is the rate of increase in spending. But it will increase. And so, ergo, will debt.
So how can Cameron claim to be “solving Labour’s debt crisis” while proposing to massively increase public debt – which he would do, even by freezing spending in real terms? I asked him this in the press conference this morning. Cameron replied that hasn’t given details on his plans. But even if he implements a freeze, then debt (even excluding the banks) would rise from £730bn the year before the election (2009-10) to £960bn in 2013-14. By no stretch of the English language is this “solving a debt crisis”. Unkind souls might call it a “cosy consensus” - this idea that spending has to keep rising, even when tax revenues collapse. And that the public prefer higher spending to being saddled with debt.
http://www.spectator.co.uk/coffeehouse/3447096/it-...
Click the link to see a nice graph showing just how rubbish he is.
JagLover said:
Fittster said:
As if Dave has the balls to fix the problem:
Bear in mind that any Tory commitment to cut spending will be relentlessly demonised by Labour and their helpers in the media.All Cameron can do is hint at what he will do once in office.
Fittster said:
JagLover said:
Fittster said:
As if Dave has the balls to fix the problem:
Bear in mind that any Tory commitment to cut spending will be relentlessly demonised by Labour and their helpers in the media.All Cameron can do is hint at what he will do once in office.
Fittster said:
JagLover said:
Fittster said:
As if Dave has the balls to fix the problem:
Bear in mind that any Tory commitment to cut spending will be relentlessly demonised by Labour and their helpers in the media.All Cameron can do is hint at what he will do once in office.
Fittster said:
JagLover said:
Fittster said:
As if Dave has the balls to fix the problem:
Bear in mind that any Tory commitment to cut spending will be relentlessly demonised by Labour and their helpers in the media.All Cameron can do is hint at what he will do once in office.
Fittster said:
JagLover said:
Fittster said:
As if Dave has the balls to fix the problem:
Bear in mind that any Tory commitment to cut spending will be relentlessly demonised by Labour and their helpers in the media.All Cameron can do is hint at what he will do once in office.
It will happen soon, and at that point the Tories can deliver the bad news along with policies to deal with the problem. 'There is no alternative!'
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