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(, Sun 1 Apr 2001, 1:00)
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(, Tue 29 Nov 2011, 17:19, 2 replies, latest was 14 years ago)
That he's in charge of the ecomony despite knowing as much about economics as Al's nutsack?
That's he's genuinely an awful man?
were those the things you were considering?
(, Tue 29 Nov 2011, 17:21, Reply)
(, Tue 29 Nov 2011, 17:21, Reply)
I am considering the much needed reduction in the size and expense of the public sector, i am considering a politician doing what's right for once not what the crowing masses demand because they are used to the government spoon feeding them.
(, Tue 29 Nov 2011, 17:24, Reply)
the economic basis on which you think the public sector needed reduction in size and expense, apart from the fact "the tories say so" ?
(, Tue 29 Nov 2011, 17:26, Reply)
without massive pension reform that won't happen as all the public sector workers have a cry and refuse to go to work if they don't get what they want.
*stamps foot, cries until sick, goes out on strike*
(, Tue 29 Nov 2011, 17:30, Reply)
it's not predictable. It's just a message that suits the current government.
You want to bail a country out of a financial crisis? Try a) raising taxes, because there's not one single good reason for not doing that and b) stop fighting fucking wars in other people's countries.
Right now you have a financial crisis created by a downturn in the global markets. That was in turn caused by stupendously idiotic banking practicies (private sector) and then maintained by stupid economic practices/failure to ever fucking collect tax in various eurozone countries. Not because public sector pensions are quite good.
This government targets the public sector because it wants to, and because it wants to break the unions - and specifically because they know that a large proportion of the chattering Mail classes will support them because they are too stupid to see it as anything other than a "but NOT FAIR they have more pension than me" issue.
Not because it makes any sense or because there is any sound economic reason behind it.
And bear in mind, as Al will testify, I don't like unions and I do think the public sector should contribute more to their pension, and I still think Osborne is a fucktard and his policies are idiotic and insane.
(, Tue 29 Nov 2011, 17:43, Reply)
This has happened before and it will happen again and it's not just about banks as such.
(, Tue 29 Nov 2011, 17:50, Reply)
But in general, absolutely, I agree. but the cost of public sector pensions had nothing to do with it, and isn't a relevant way to get out of it. That was my point
(, Tue 29 Nov 2011, 17:53, Reply)
If you have banks listed as private companies then this whole thing will happen all over again. That is a separate discussion though.
The pension problem has little to do with this however. The simple solution is to execute people once they reach retirement. This will also mean people spend more during their lives rather than save and will further stimulate the economy. IAM GENIUZ!
(, Tue 29 Nov 2011, 17:58, Reply)
(, Tue 29 Nov 2011, 18:01, Reply)
REVOLUTION!
(, Tue 29 Nov 2011, 18:03, Reply)
As one of the party officials you will have all these things, as is only right.
(, Tue 29 Nov 2011, 17:58, Reply)
a) Apart from the laffer curve, and the fact that all but the top 5% or so of people are squeezed to hell anyway. Sure, a 60% rate foe earnings over 200k wont hurt in the short term though, but such thinks are not desirable.
b) In complete agreement
(, Tue 29 Nov 2011, 17:52, Reply)
I would tit-punch Jordan too, to see if my hand broke.
(, Tue 29 Nov 2011, 17:56, Reply)
(, Tue 29 Nov 2011, 18:04, Reply)
Lorainne Kelly.
Any underwear model from early 90's catalogues.
TORI AMOS!!!!! of fuck me, what I wouldn't give for that.
(, Tue 29 Nov 2011, 18:05, Reply)
(, Tue 29 Nov 2011, 18:12, Reply)
and therefore why is it fair to squeeze them more?
(, Tue 29 Nov 2011, 17:55, Reply)
(, Tue 29 Nov 2011, 17:31, Reply)
It was a time of plenty, but still they borrowed and borrowed to create 'jobs' and buy votes
(, Tue 29 Nov 2011, 17:32, Reply)
We went into the financial crisis with some of the lowest borrowing in the world.
(, Tue 29 Nov 2011, 17:34, Reply)
compared to pigface.
(, Tue 29 Nov 2011, 17:22, Reply)
So it's not the lesser of anything. Economics wise, Osborne isn't so much scraping the bottom of the barrel as crashing through it whilst still accelerating.
(, Tue 29 Nov 2011, 17:25, Reply)
(, Tue 29 Nov 2011, 17:26, Reply)
Since my wife was at the treasury until 18 months ago.
They do, however, have the right to over-rule the civil servants and economists there that DO know what they are talking about, which Osborne has a habit of doing. Which is scary.
(, Tue 29 Nov 2011, 17:28, Reply)
increase sovereign debt.
(, Tue 29 Nov 2011, 17:29, Reply)
Both Italy and Portugal have pretty low soverign deby compared to, say, the US.
(, Tue 29 Nov 2011, 17:46, Reply)
And it is the fault of the state loving authoritarians that have taken over both of their main parties.
(, Tue 29 Nov 2011, 17:48, Reply)
I don't think it is, because soverign debt, like any debt, isn't a problem as long as the country makes more by not repaying it than it costs them to repay it. And short of global financial armageddon, the US will always be in that position. And if global financial armageddon does come about, no-one will care anyway.
However, the fact that they can't fucking agree on ANYTHING might cause a few issues down the line.
(, Tue 29 Nov 2011, 17:51, Reply)
Pinning our hopes to any political horse isn't necessarily constructive right now.
Possibly the closest the modern world has come to the current situation is the US in 1932. FDR's WPA was badly administered but was a rather rudimentary predeccessor of "Plan B", and was rather overtaken by external events.
There seems to be a reluctance to accept that nobody really knows what to do, because there are no viable parallels.
(, Tue 29 Nov 2011, 18:14, Reply)
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