"Taking £6b out of the economy"?
Discussion
I keep hearing this line trotted out by Labour in response the to Tory NI proposals. Can someone explain this argument to me please?
I know Gordon views everyone's money as belonging to him except that which he deigns to allow us to keep, but surely not raising NI is keeping money in the economy because people are free to spend it on goods and services, which was, I thought, how an economy worked?
What have I missed?
I know Gordon views everyone's money as belonging to him except that which he deigns to allow us to keep, but surely not raising NI is keeping money in the economy because people are free to spend it on goods and services, which was, I thought, how an economy worked?
What have I missed?
RichBurley said:
Not a lot really, save that the public would use the money in a different way- maybe save some, pay off some debt, buy a holiday. No idea what Brown would do with the money.
I didn't think public spending was classed as "the economy" though? That's a serious question by the way, much as I hate Brown I'm no economic genius.You are correct, the 6bn is already in the economy, Brown wants it in his control as he views public spending as the only spending which does any good for the economy . . . which is bulls
t. It's an extreme socialist view . . . give us all your money so we can distribute it to those who WE THINK need it most . . . and our friends and colleagues who want to line their pickets who are obviously in most need.
They keep stating the lie in order to try to convince you it's true . . . some people, if they hear something often enough, come to believe it to be true.
It's been proved many times over the years that giving the population more money to spend equates to a stronger economy . . . this means less tax and regulation makes the economy stronger.
t. It's an extreme socialist view . . . give us all your money so we can distribute it to those who WE THINK need it most . . . and our friends and colleagues who want to line their pickets who are obviously in most need. They keep stating the lie in order to try to convince you it's true . . . some people, if they hear something often enough, come to believe it to be true.
It's been proved many times over the years that giving the population more money to spend equates to a stronger economy . . . this means less tax and regulation makes the economy stronger.
Edited by Busa_Rush on Sunday 11th April 09:42
paddyhasneeds said:
RichBurley said:
Not a lot really, save that the public would use the money in a different way- maybe save some, pay off some debt, buy a holiday. No idea what Brown would do with the money.
I didn't think public spending was classed as "the economy" though? That's a serious question by the way, much as I hate Brown I'm no economic genius.One thing I do know is that the people make up a significant part of the economy. That should not be underestimated!
Busa_Rush said:
You are correct, the 6bn is already in the economy, Brown wants it in his control as he views public spending as the only spending which does any good for the economy . . . which is bullst. It's an extreme socialist view . . . give us all your money so we can distribute it to those who WE THINK need it most . . . and our friends and colleagues who want to line their pickets who are obviously in most need.
They keep stating the lie in order to try to convince you it's true . . . some people, if they hear something often enough, come to believe it to be true.
It's been proved many times over the years that giving the population more money to spend equates to a stronger economy . . . this means less tax and regulation makes the economy stronger.
It's a simple enough point - so why the hell isn't CMD using it?!?t. It's an extreme socialist view . . . give us all your money so we can distribute it to those who WE THINK need it most . . . and our friends and colleagues who want to line their pickets who are obviously in most need. They keep stating the lie in order to try to convince you it's true . . . some people, if they hear something often enough, come to believe it to be true.
It's been proved many times over the years that giving the population more money to spend equates to a stronger economy . . . this means less tax and regulation makes the economy stronger.
nelly1 said:
Busa_Rush said:
You are correct, the 6bn is already in the economy, Brown wants it in his control as he views public spending as the only spending which does any good for the economy . . . which is bullst. It's an extreme socialist view . . . give us all your money so we can distribute it to those who WE THINK need it most . . . and our friends and colleagues who want to line their pickets who are obviously in most need.
They keep stating the lie in order to try to convince you it's true . . . some people, if they hear something often enough, come to believe it to be true.
It's been proved many times over the years that giving the population more money to spend equates to a stronger economy . . . this means less tax and regulation makes the economy stronger.
It's a simple enough point - so why the hell isn't CMD using it?!?t. It's an extreme socialist view . . . give us all your money so we can distribute it to those who WE THINK need it most . . . and our friends and colleagues who want to line their pickets who are obviously in most need. They keep stating the lie in order to try to convince you it's true . . . some people, if they hear something often enough, come to believe it to be true.
It's been proved many times over the years that giving the population more money to spend equates to a stronger economy . . . this means less tax and regulation makes the economy stronger.
It's quite worrying that so many people don't seem to get it.
Puggit said:
As usual, many a true word spoken in jest.Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff