Balanced Question Time panel tonight - of course not!

[edh]

Justayellowbadge said:

Something something land value tax something something unearned income something something evil landlords something something rich people something something dribble dribble dribble.

oh dear, you do take it so personally don't you..

[edh]

Ali G said:

edh said:

And that's your first mistake - Government finances are not like household finances.

How so?

You've piqued my interest now.



What is that is so different about Government finances which permits common sense to be ruled out?

Or are you invoking 'magic money tree' hypotheses?

How about
1. The power to levy and collect taxes
2. Fiat Currency

Households have control of neither of these.

Sometimes what you believe to be "common sense", isn't.

We've had a national debt for a long time, we're running at levels similar to other countries. The debt rises and falls as a % of GDP.

[Ali G]

edh said:

How about
1. The power to levy and collect taxes
2. Fiat Currency

Households have control of neither of these.

Glad you said that!

The electorate may be somewhat disappointed to find that they have no influence on such matters.

edh said:

Sometimes what you believe to be "common sense", isn't.

Always benchmark assertions to 'common sense' - in my experience, only phenomena associated with quantum physics do not adhere to 'common sense'. And economics is not a discipline associated with this field of study.

edh said:

We've had a national debt for a long time, we're running at levels similar to other countries. The debt rises and falls as a % of GDP.

Really? Debt rises and fall as a % of GDP?

And spending £43 billion per annum on in interest payments to service the (still growing) National Debt is a 'good thing'

Now what could that $43 billion be spent on had not the politicos not bought votes on the 'never never'

This is a debt which will not be paid off in my lifetime, nor the next generation.

But you are happy with that, presumably?

[johnxjsc1985]

nice to see another BBC panel made up of mainly woman and lefties too.

[Scuffers]

johnxjsc1985 said:

nice to see another BBC panel made up of mainly woman and lefties too.

Is it me or are they all fat?

Spent too much time at the food banks?

[ukwill]

edh said:

How about
1. The power to levy and collect taxes
2. Fiat Currency

Households have control of neither of these.
Sometimes what you believe to be "common sense", isn't.
We've had a national debt for a long time, we're running at levels similar to other countries. The debt rises and falls as a % of GDP.

What does a fiat currency issuer do when they can't sell enough bonds at a bond auction?

[johnxjsc1985]

Scuffers said:

Is it me or are they all fat?

Spent too much time at the food banks?

I really wish someone would do an expose on food banks. It drives me insane.
He is doing ok so far but the audience seem hostile to me.
Lets see how miliband gets on

[groucho]

Wallace will be on soon. I think I might have to turn over.

[johnxjsc1985]

groucho said:

Wallace will be on soon. I think I might have to turn over.

Me too I cant stand the man

[9.3]

I'm loving whoever the chief Labour hand clapper is, they're almost having an apoplectic fit clapping every time a question is asked.

[macp]

Hiya david alright mate

[johnxjsc1985]

David Dimbelby get on my tits.Another BBC dinosaur needs to be extinct

[bitchstewie]

I think Cameron comes across well one on one tbh - and the audience doesn't seem bad compared to what we've seen on the debates so far.

[johnxjsc1985]

these are really stupid questions asked by stupid people

[johnxjsc1985]

Russel Brands mate on now.

[MGJohn]

Lets hear it for Dave.

That's first question to Ed was not stupid.

[audidoody]

I love my TV set too much to keep watching now.

[johnxjsc1985]

MGJohn said:

Lets hear it for Dave.

That's first question to Ed was not stupid.

then why hasnt he answered it.

[stevensdrs]

Snake Oil anyone?

[MGJohn]

johnxjsc1985 said:

MGJohn said:

Lets hear it for Dave.

That's first question to Ed was not stupid.

then why hasnt he answered it.

He's a Politician stooo ...