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This is a question The Credit Crunch

Did you score a bargain in Woolworths?
Meet someone nice in the queue to withdraw your 10p from Northern Rock?
Get made redundant from the job you hated enough to spend all day on b3ta?

How has the credit crunch affected you?

(, Thu 22 Jan 2009, 12:19)
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The gubmint
While I am all in favour of slashing 50% from our public spending (dead easy, don't vote for Labour. Ever) it's the misuse of money that worries me greatly.

Calamity Brown has borrowed 10x the amount we needed to help us fight WWII - we only finished paying for the war in 2005.

If he had a brain - and I strongly suspect he doesn't - he'd put the money into infrastructure, where you'd see a return in years to come. Public works committees building urgently needed railway improvements, motorways (whatever the eco-mentalists think, restraining personal transport will cost us billions), bridges, an eco-friendly transport network (at least give your voters the choice before you tax the arses off them) would transform Britain into a country with decent infrastructure and would help wealth flow from the cities and beyond the suburbs.

The government would reap those rewards many times over...
(, Tue 27 Jan 2009, 17:26, 2 replies)
You see
you're thinking like a sensible person, that's why Obama has said he will plough shit loads of cash into roads, bridges, railways and stuff.
(, Tue 27 Jan 2009, 20:56, closed)
As a keen member of the eco-mentalist class
I say add energy efficiency and alternative energy to the list.

Now that our North Sea bonanza is running out, every day the UK has to go out, begging cap in hand, to ask for more oil and gas from various countries of variable friendliness and all we have to offer in return is a currency that is falling in value and financial services that are looking less and less useful.
(, Tue 27 Jan 2009, 21:15, closed)
Sir, you are spot on...
Baling out the banks so they can continue with suicidal profligacy is one thing, but hedging our bets against a currency going down the shitter faster than John Prescott's mutton vindaloo is utter madness.

Brown HAS to go. Now. Britons owe more than our annual GDP, we're screwed unless we can guarantee some technological or infrastructure advantage in the future. I'm all for energy independence, but not a political solution like a wind turbine - expensive, requires frequent maintenance and is very environmentally unfriendly to manufacture and dispose of.

We need investment in nuclear fusion, tidal power (much more reliable than wind turbines), new nuclear plants to bridge the gap (Britain has to lean on Germany and France here - the nation that invented commercial nuclear power now no longer possesses the means to build new plants), we need proper roads to help ease emissions and a train service that's cheap and comprehensive.

But instead we'll get more expensive trains, lesbian creches, wind farms, QUANGOs and committees because we've fuck all else to offer.
(, Tue 27 Jan 2009, 23:25, closed)

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