Search results

Didn’t know that about Kansas SBD ! Interesting example The wider point I was making across various posts was that the economy is far from straight forward and there are a variety of factors. Whilst Kansas may not have seen any direct benefits from be removal of business tax’s, if a company...

Haha, ok, maybe I was being touchy !! ;) Company’s hire on need but also on profits ie you might need someone but if you’re loss making and only break even it’s irrelevant (as I say, these things aren’t simple) There is no doubt the Tories will always be the party for business and labour the...

I didn’t attribute the financial crisis to labour, like I don’t attribute everything that’s happened post 2010 to the Tories. For every negative graph, there’s a positive one (check out employment rates per country over recent years - no not all low paid/zero hour jobs as people like to spin...

Of course I would, I don’t recall ever questioning that ? I know it was a long time ago on the thread but my issue wasn’t necessarily with what labour did post crisis but prior to it. I was also highlighting that Tory austerity argument in those earlier years is flawed/not as straightforward as...

Idiots ?!! Bit harsh. I don’t think Liam Byrne would’ve written the above apology letter/article if it was that simple. Why would Labour Party and supporters have had a go at him if it was just tradition. He himself admits it was ridiculous thing to do but that’s not the point. i used it as an...

I’ll refer you to the link as well Ian (which indicates labour were going to make significant cuts if they’d won the 2010 election and that it was 100% needed)

No Fernando, you’ll need to read back. My point was that the Tories inherited a mess (I’ve acknowledged it was due to financial crisis ie not labours doing, but also said there was nothing in reserve following years of strong growth and no recession - labours problem) The fact is Tories get...

As per above, Labour would’ve implemented the same/similar cuts as detailed in link

The point remains the same, how he says he meant it is almost irrelevant (if you believe him). As I say it’s also interesting to remind ourselves of the significant cutting labour had also planned ! (Often forgotten)

see Liam Byrne letter link below

come on shmmeee, you’re better than that. What do they say about 2013 - 2016 ?

Ps propaganda ? https://www.google.co.uk/amp/s/amp.theguardian.com/commentisfree/2015/may/09/liam-byrne-apology-letter-there-is-no-money-labour-general-election also useful to remind ourselves that Labour has drawn up similar significant cutting/austerity plans. Fair play to Byrne for holding...

G7 growth rates compared to UK (I suppose the G7s performance was the Tories fault) UK economic growth within the G7 Also, was Keynes around when there was a global financial crisis caused by a sub prime lending which nearly bust a significant number of banks (that we’re holding all of our...

It was a worldwide financial ‘crisis’....labour had left nothing in reserve to deal with it and as I’ve said if there hadn’t been attempts to control public expenditure (which was by then out of control - see Liam Byrne ‘there’s no money left’) you could forget borrowing at sensible rates. This...

You can’t have it both ways though Shmmeee ie the worldwide financial crisis wasn’t the government at the times fault but the government trying sort the mess out following it is to blame for not dealing with it correctly ?! They were unusual and extreme times. Also you say that the government...

Well it’s off table until 31 Jan. the deal is there to be accepted as a back up...if it gets brought back before the Parliament (which it will if Johnson has campaigned on it and wins) If there’s a hung parliament or Brexit party wins election then guess No Deal could be back on the table

Was his own man ! Not really so much anymore (can’t blame him for that necessarily)

Was a deep thinker but by all accounts too immersed/controlling as I said earlier better than a load of the shat around these days though

The graph shows the strong sustained economic growth though. Labour ran a deficit for six years pre financial crisis...even though there had been strong growth and no recession for since 1993 ?! All depends what side of the political coin you’re on though. Ps I voted for labour twice during...

Correct, it was a world wide financial crisis. The problem was more that they inherited a strong economy and in times of strong economic growth, spent (not saying wasted necessarily) all the cash so there was no reserves for what was for most (apart from Vince cable I hear !) the unexpected...