Howdy, Stranger!

It looks like you're new here. Sign in or register to get started.

Moves against abortion could help the Dems in the midterms – politicalbetting.com

24567

Comments

  • I think individuals in society bear responsibility to each other, so no.

    At 20 weeks (which is about the edge of viability) there is a high right of mental and physical disabilities, but this very rapidly declines week on week. A woman insisting of delivery at that point is harming the child severely. However there is a point (as @Selebian noted) when early delivery dies become a reasonable option - I don’t know exactly when that is.

    But the idea of balancing the rights of a mother and a child by asking her - for example - to support the child for an additional 8 weeks, say, doesn’t seem unreasonable. (This is for cases were there is not a risk of undue mental or physical harm to the woman where the calculus may be different)
    So you don't think the foetus is independently viable then, you just want to deny the woman the right to control her own body.

    Nobody should be compelled to carry a foetus against their will. If abortion is denied, then delivery should be the alternative option. If you genuinely believe in "viability" then there's nothing wrong with that.
  • That is not a fact. That is an opinion. Supporting argument please.
    Your question was So what is your view on the rights of the child?


    That is my view. I've given my supporting argument. Yes my view is an opinion, everyone's is.
  • MexicanpeteMexicanpete Posts: 30,812

    Its not stagflation, we have full employment.

    Stagflation is something different to this.

    You rewrite the rules, stagnation plus inflation is stagflation, where is there any reference to full employment?
  • turbotubbsturbotubbs Posts: 18,411
    Farooq said:

    The presidency is decided by the electoral college vote. If the wrong guy is certified, arguably that's final.

    I wouldn't be confident either way about whether it would work or not. In any case, if it comes down to the police, national guard, or army having to act then it's extremely troubling. What if the person doing the coup has got loyalists in key positions?
    I think maybe I get hung up on the idea of the storming of the house being the coup. It certainly was nothing like. I can see how the way the US works allows more problems, with the electoral college etc. I would be genuinely surprised though, given all the forewarning, that the democrats would be supine and just allow this to happen.
  • turbotubbsturbotubbs Posts: 18,411
    Farooq said:

    That's Leon's job
    I'd argue its his hobby, but otherwise totally agree.
  • EabhalEabhal Posts: 9,907

    That's wrong. They're tasked with keeping inflation at 2% (plus or minus 1%) over the medium term.

    They forecast that it will go up sharply, but then come back down sharply, so therefore will be back within target within their forecast period.

    That is their job. They're not supposed to overreact to every movement.
    It's pretty ballsy to think that this will be a short term thing though.

    (Dusts off Mankiw textbook...)
  • dixiedeandixiedean Posts: 29,855
    edited May 2022

    That's wrong. They're tasked with keeping inflation at 2% (plus or minus 1%) over the medium term.

    They forecast that it will go up sharply, but then come back down sharply, so therefore will be back within target within their forecast period.

    That is their job. They're not supposed to overreact to every movement.
    How do they know it will come down sharply?
    That's just bloody guessing that this war doesn't continue or widen.
    They said it would peak at 4% very recently. Wage growth is 6%. 1% is historically on the floor. Inflation isn't.
    They are behind the curve badly.
  • RochdalePioneersRochdalePioneers Posts: 29,572

    Its not stagflation, we have full employment.

    Stagflation is something different to this.

    Stag flation
    Stag-nation. An economy not growing
    In-flation. Prices rising.

    What does employment have to do with it?
  • RobDRobD Posts: 60,296

    You rewrite the rules, stagnation plus inflation is stagflation, where is there any reference to full employment?
    From wikipedia:

    In economics, stagflation or recession-inflation is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high..

    So only two of the three conditions are met.
  • kjhkjh Posts: 12,373
    Applicant said:

    Yes, I do. In 2020 there was a plausible way for him to contest the election. Nobody has come up with a plausible way he gets round term limits.
    Because we are not there. Once s coup had taken place anything is possible. In terms of time limits I give you Putin. He had term limits also.
  • You rewrite the rules, stagnation plus inflation is stagflation, where is there any reference to full employment?
    Stagnation has always been defined as referencing high unemployment. We have full employment.

    From Wiki: In economics, stagflation or recession-inflation is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high. It presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment.

    The term, a portmanteau of stagnation and inflation, is generally attributed to Iain Macleod, a British Conservative Party politician who became Chancellor of the Exchequer in 1970. Macleod used the word in a 1965 speech to Parliament during a period of simultaneously high inflation and unemployment in the United Kingdom.[1][2][3][4] Warning the House of Commons of the gravity of the situation, he said:

    "We now have the worst of both worlds—not just inflation on the one side or stagnation on the other, but both of them together. We have a sort of 'stagflation' situation. And history, in modern terms, is indeed being made."[3][5]
  • RobDRobD Posts: 60,296
    kjh said:

    Because we are not there. Once s coup had taken place anything is possible. In terms of time limits I give you Putin. He had term limits also.
    Wouldn't that require a constitutional amendment, as was done in Russia?
  • MoonRabbitMoonRabbit Posts: 13,995

    You've got him there. He was only allowed to eat the curried pig, not have sexy time with it like Cameron.
    No. (Other than curried pig not exactly kosher) The point being how does the politician shut it down? Everywhere he goes a microphone is put in front of him and he is asked “did you pork the pig?”
    Everyone on the bus stops, round the water coolers, on the FaceTime chat saying “did he pork the pig?”
    How does the politician shut it down? Big G’s complaint against Starmer this morning (and IshmaelZ complaint all week) why don’t Starmer shut it down? There must be something to it, something you are trying to hide if you can’t shut it down. There’s no smoke without some pork porking friction.
    Unless you can prove, specifically, with detail you did not pork any pig, you can’t shut it down.
    That’s why things like this such a great political smear 😁

    Bottom line?

    If the Tories hadn’t gone so negative, instead talked positively about efficient Tory councils like Wandsworth has always been, compared to ideological madness and insane waste of so many Labour councils, would the Tory’s have lost fewer councillors?
  • StillWatersStillWaters Posts: 9,488
    ping said:

    £/$ 1.2348

    Fixed rate mortgage and hedged against the dollar… 😅
  • dixiedean said:

    How do they know it will come down sharply?
    That's just bloody guessing that this war doesn't continue or widen.
    They said it would peak at 4% very recently. Wage growth is 6%. 1% is historically on the floor. Inflation isn't.
    They are behind the curve badly.
    How do they know? They don't for certain.

    Its their job to forecast and to act accordingly.
  • turbotubbsturbotubbs Posts: 18,411
    kjh said:

    Because we are not there. Once s coup had taken place anything is possible. In terms of time limits I give you Putin. He had term limits also.
    But surely the house has aegis too? Dictatorships tend to control all political power, and use repressive police tactics. I just don't see it.
  • MoonRabbitMoonRabbit Posts: 13,995

    Stagnation has always been defined as referencing high unemployment. We have full employment.

    From Wiki: In economics, stagflation or recession-inflation is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high. It presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment.

    The term, a portmanteau of stagnation and inflation, is generally attributed to Iain Macleod, a British Conservative Party politician who became Chancellor of the Exchequer in 1970. Macleod used the word in a 1965 speech to Parliament during a period of simultaneously high inflation and unemployment in the United Kingdom.[1][2][3][4] Warning the House of Commons of the gravity of the situation, he said:

    "We now have the worst of both worlds—not just inflation on the one side or stagnation on the other, but both of them together. We have a sort of 'stagflation' situation. And history, in modern terms, is indeed being made."[3][5]
    Stagflation is lack of growth at same time of high inflation. You are struggling at GCSE economics.
  • MISTYMISTY Posts: 1,594
    kjh said:

    Well there is no need to be rude and it isn't demonstrably rubbish or untruthful. Some positions are appointed and dictatorships don't start without gaining support in the first place with propaganda. Yes it is the GOPs voters but the GOP have been changed (I even said he has destroyed the GOP). That change has been driven by the likes of Trump and QAnon.
    The idea that Trump and Qanon hog the airways or are able to brainwash voters is also a fiction. The mainstream media in America is overwhelmingly democrat or Romneyite. Yes there is Fox but plenty of neo-cons get air time on there.

    Trump rampers are routinely shadow banned by twitter and the like. Often these people are relegated to the likes of Locals or Rumble or whatever, sideshow outlets.

    Trumpist politics is appealing to lots of Americans, and until his opponents realise that and try to find out why, they won't defeat him
  • StillWatersStillWaters Posts: 9,488

    If wages increase in a way not matched by productivity, sustained over time, then that's internalising inflation.

    Stagflation is more than just inflation. Its also marked by high unemployment as seen in the seventies to early eighties.

    When we have full employment and companies seeking to hire we may have inflation, but the word for that is simply inflation not stagflation.
    Increasing wages relative to productivity erodes competitiveness of firms and ends up with reducing investment and employment
  • dixiedeandixiedean Posts: 29,855

    Arguably the decision should still rest with the Chancellor because it’s inherently political. You could keep the MPC as an advisory board.
    For me, it's the target which is the problem. Bringing it in was a political decision. It is laughably out of date.
    However. It remains the target they are tasked with. Even if it ought not to be.
  • TimTTimT Posts: 6,468
    Don't often need all the tries in wordle. A tougher one today:
    Wordle 320 6/6*

    ⬜🟨⬜🟨⬜
    🟨🟩⬜⬜🟨
    ⬜🟩⬜🟩🟩
    ⬜🟩⬜🟩🟩
    🟨🟩⬜🟩🟩
    🟩🟩🟩🟩🟩
  • kjhkjh Posts: 12,373
    RobD said:

    Wouldn't that require a constitutional amendment, as was done in Russia?
    Once you are in dictatorship territory anything is possible. Trump has already hinted at it himself. Remember that calendar video. In reality I would expect a bit of nepotism with Jnr (as Trump is too old) with rigged elections and then a reason found to abandon the time limit rule or circumvent it in some way.
  • ApplicantApplicant Posts: 3,379
    kjh said:

    Because we are not there. Once s coup had taken place anything is possible. In terms of time limits I give you Putin. He had term limits also.
    He did, but he also had plausible ways to get round them.

    Trump doesn't - they're in the Constitution and he's nowhere near being able to enact an Amendment.

    I'd recommend reading Turtledove's American Empire series. Set in a world where the Confederacy won the Civil War, it charts the rise of a Hitler analogue after the CSA had been on the losing side in WWI. It's alarmingly plausible for how it could have happened, but the necessary conditions for Trump to do the same are not remotely close to being met.
  • Stagflation is lack of growth at same time of high inflation. You are struggling at GCSE economics.
    Not in my textbooks it isn't. Any definition I have ever seen includes unemployment in a definition.

    Please quote me any textbook that references stagflation without referencing unemployment, otherwise I say you are bullshitting. 🙄
  • MISTYMISTY Posts: 1,594

    Stagnation has always been defined as referencing high unemployment. We have full employment.

    From Wiki: In economics, stagflation or recession-inflation is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high. It presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment.

    The term, a portmanteau of stagnation and inflation, is generally attributed to Iain Macleod, a British Conservative Party politician who became Chancellor of the Exchequer in 1970. Macleod used the word in a 1965 speech to Parliament during a period of simultaneously high inflation and unemployment in the United Kingdom.[1][2][3][4] Warning the House of Commons of the gravity of the situation, he said:

    "We now have the worst of both worlds—not just inflation on the one side or stagnation on the other, but both of them together. We have a sort of 'stagflation' situation. And history, in modern terms, is indeed being made."[3][5]
    Point taken, but if the economy goes into recession in 2023.....
  • dixiedeandixiedean Posts: 29,855

    How do they know? They don't for certain.

    Its their job to forecast and to act accordingly.
    Fair enough. I say they are wrong. Badly.
  • MISTY said:

    Point taken, but if the economy goes into recession in 2023.....
    Its absolutely 100% a dangerous situation that could tip into stagflation, but we're not there yet.
  • DecrepiterJohnLDecrepiterJohnL Posts: 29,791
    Beijing-backed gang looted IP around the world for years, claims Cybereason
    https://www.theregister.com/2022/05/05/cybereason_china_operation_cuckoobees/
  • kle4kle4 Posts: 98,214

    Just voted. Three for the council, out of about ten Candidates.

    But for the town council, I had to choose 19 out of 21. I think it was the longest ballot paper I've ever had?

    I didn't think I could count that high. ;)

    The highest I've seen is 21 to be chosen out of 25 candidates. I pitied the count staff.

  • TheValiantTheValiant Posts: 1,927
    ping said:

    Interest rates should be ~5%, given where inflation is right now, imo.

    BoE failing in their most basic duty.

    From a society point of view, I completely agree.
    From my 'variable rate mortgage' point of view, I completely disagree(!)

    But yes. Interest rates are far too low. I suspect (hope) the BoE are just trying to soften the blow by raising rates at 0.25% per month until they get to where they want to be (which is probably 5%).
  • MalmesburyMalmesbury Posts: 53,729
    In other news

    https://twitter.com/cbs_spacenews/status/1521887273406640138

    "Did the primary buffer panel just fall off my goram ship for no apparent reason?!"
  • TimTTimT Posts: 6,468
    edited May 2022
    MISTY said:

    The idea that Trump and Qanon hog the airways or are able to brainwash voters is also a fiction. The mainstream media in America is overwhelmingly democrat or Romneyite. Yes there is Fox but plenty of neo-cons get air time on there.

    Trump rampers are routinely shadow banned by twitter and the like. Often these people are relegated to the likes of Locals or Rumble or whatever, sideshow outlets.

    Trumpist politics is appealing to lots of Americans, and until his opponents realise that and try to find out why, they won't defeat him
    I have a lot of sympathy with this view. However, I also think that a large part of Trump's appeal is that the establishment/MSM hate him and that it is this that is attractive to those who are generally disaffected with their current lot, either for economic reasons or because they feel demographics and societal norms are moving in directions that they don't like.

    I do wonder whether Trump's support would be so robust if he was not so publicly hated by the good and educated.

    PS And lest it is not clear, I have come to hate what he does and represents with a vengeance.
  • MexicanpeteMexicanpete Posts: 30,812
    RobD said:

    From wikipedia:

    In economics, stagflation or recession-inflation is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high..

    So only two of the three conditions are met.
    Wikipedia my ****! We have full employment as a result of a significant proportion of the workforce exiting the country or retired very early during Covid. How full employment is measured is also an issue, the dynamics of employment are considerably different to the employee culture of the 1970s. The gig economy, black economy and part time employment affect the figures.

    @BartholomewRoberts has sparred with me on my faulty recollection of A level economics by his suggesting (in his previous life) that my fear of inflation was unfounded as inflation wouldn't be a problem, then it wouldn't be a problem because we have good (non-wage-price spiral) inflation, and interest rates wouldn't follow suit.

    You stick with your Wikipedia definition of stagflation, I'll stick with mine.
  • FoxyFoxy Posts: 50,687
    edited May 2022

    Viability - which is the basis of the UK system (albeit 1990 medicine) is entirely intellectually consistent
    Yes, and I for one find current UK laws quite reasonable.

  • Wikipedia my ****! We have full employment as a result of a significant proportion of the workforce exiting the country or retired very early during Covid. How full employment is measured is also an issue, the dynamics of employment are considerably different to the employee culture of the 1970s. The gig economy, black economy and part time employment affect the figures.

    @BartholomewRoberts has sparred with me on my faulty recollection of A level economics by his suggesting (in his previous life) that my fear of inflation was unfounded as inflation wouldn't be a problem, then it wouldn't be a problem because we have good (non-wage-price spiral) inflation, and interest rates wouldn't follow suit.

    You stick with your Wikipedia definition of stagflation, I'll stick with mine.
    You are completely misrepresenting what I said. It doesn't seem you are able to understand the nuances involved, because you keep misrepresenting it.
  • EabhalEabhal Posts: 9,907
    edited May 2022

    Its absolutely 100% a dangerous situation that could tip into stagflation, but we're not there yet.
    Just eyeballing ONS data, wonder if this will mirror what happened the autumn of 1990 and the couple of years following that?

    (Jump in unemployment, drop in inflation, no growth).

    Edit: other similarities include a big energy shock. And restrictive monetary policy....
  • StillWatersStillWaters Posts: 9,488

    So you don't think the foetus is independently viable then, you just want to deny the woman the right to control her own body.

    Nobody should be compelled to carry a foetus against their will. If abortion is denied, then delivery should be the alternative option. If you genuinely believe in "viability" then there's nothing wrong with that.
    The foetus is viable at that age but there is a risk of harm to the child. A premie born at 20 weeks but that doesn’t develop full mental faculty is “viable”. (FWIW it’s one of the main arguments that the HFEA uses for not reducing the current limit below 24 weeks, even though it was original set based on viability limits in 1990)

    An analogy: why do we restrict your right to drive at 80 miles per hour outside a school at the end of the school day? It because the potential harm to others is greater than the benefit to you.
  • kjhkjh Posts: 12,373
    Foxy said:

    Yes, and I for one find current UK laws quite resonable.

    I agree. Maybe 2 weeks less now.
  • BartholomewRobertsBartholomewRoberts Posts: 23,215
    edited May 2022

    The foetus is viable at that age but there is a risk of harm to the child. A premie born at 20 weeks but that doesn’t develop full mental faculty is “viable”. (FWIW it’s one of the main arguments that the HFEA uses for not reducing the current limit below 24 weeks, even though it was original set based on viability limits in 1990)

    An analogy: why do we restrict your right to drive at 80 miles per hour outside a school at the end of the school day? It because the potential harm to others is greater than the benefit to you.
    There's no harm to the foetus done by delivering it, it just isn't fully gestated and ready for birth yet which is why if you want the child you should carry it to term and if you don't then an abortion would be a better alternative.

    If I don't want to speed past a school, then I have the option of not going past the school, I have choices. If a woman doesn't want to carry the child, you want to invasively deny her choice.
  • williamglennwilliamglenn Posts: 54,362
    TimT said:

    I have a lot of sympathy with this view. However, I also think that a large part of Trump's appeal is that the establishment/MSM hate him and that it is this that is attractive to those who are generally disaffected with their current lot, either for economic reasons or because they feel demographics and societal norms are moving in directions that they don't like.

    I do wonder whether Trump's support would be so robust if he was not so publicly hated by the good and educated.

    PS And lest it is not clear, I have come to hate what he does and represents with a vengeance.
    I wonder if the polarisation would have been quite as bad if he'd defeated a generic Democrat in 2016 instead of Hillary Clinton.
  • StillWatersStillWaters Posts: 9,488

    Your question was So what is your view on the rights of the child?


    That is my view. I've given my supporting argument. Yes my view is an opinion, everyone's is.
    If you want to convince others you need support your assumptions.

    You are saying abortion up to the point of birth is ok because an unborn baby has no rights. That is a logical argument.

    When asked to support the fundamental assumption (“an unborn baby has no rights”) you get huffy and say its an opinion.

    Not very convincing
  • ApplicantApplicant Posts: 3,379
    TimT said:

    I have a lot of sympathy with this view. However, I also think that a large part of Trump's appeal is that the establishment/MSM hate him and that it is this that is attractive to those who are generally disaffected with their current lot, either for economic reasons or because they feel demographics and societal norms are moving in directions that they don't like.

    I do wonder whether Trump's support would be so robust if he was not so publicly hated by the good and educated.

    PS And lest it is not clear, I have come to hate what he does and represents with a vengeance.
    Indeed so - and this is one place where a parallel with Brexit can safely be drawn.

    The thinking goes "things are shit. The people who made things shit hate X. Therefore X is worth a try".
  • londonpubmanlondonpubman Posts: 3,641
    kjh said:

    I agree. Maybe 2 weeks less now.
    You mean 22 weeks. Yes absolutely.

    This is consistent with my view that when the foetus is not viable (ie up to about 22 weeks) then the choice for abortion should be entirely with the mother. Beyond then then the right to life now rests with the foetus and abortion should not be allowed unless it is clearly apparent that continuing with the pregnancy would present a risk of death or significant permanent physical harm to the mother.
  • BartholomewRobertsBartholomewRoberts Posts: 23,215
    edited May 2022

    If you want to convince others you need support your assumptions.

    You are saying abortion up to the point of birth is ok because an unborn baby has no rights. That is a logical argument.

    When asked to support the fundamental assumption (“an unborn baby has no rights”) you get huffy and say its an opinion.

    Not very convincing
    Not huffy. You asked me for my view, I gave you my view. You then said its only my view.

    Yes it is only my view, I never said otherwise.

    There is no objective truth here. You can't dig in the ground and find a vein of inalienable rights that says that life begins at ...

    My view is my view, for the reasons given. If you disagree, you're entitled to your own views.

    The difference is I don't want to deny anyone a choice over their own body, I don't want to force my views on others.
  • FoxyFoxy Posts: 50,687
    kjh said:

    I agree. Maybe 2 weeks less now.
    Morbidity and mortality is very high in the under 24 weeks. It really is the limit of viability.

    In practice very few abortions are at that late stage, and then usually because of major abnormalities.
  • MexicanpeteMexicanpete Posts: 30,812

    You are completely misrepresenting what I said. It doesn't seem you are able to understand the nuances involved, because you keep misrepresenting it.
    Can you deny that you did not believe Government policy during Covid would not lead to inflation, or at least wage-price spiral inflation, and when I stated I feared interest rate rises would follow you assured me they would not?

    Or has Putin changed that dynamic?
  • StillWatersStillWaters Posts: 9,488

    You rewrite the rules, stagnation plus inflation is stagflation, where is there any reference to full employment?
    It’s a question of what defines stagnation

    I can buy the argument that a temporary period of low or negative growth is not sufficient: it’s an extended period of low growth (negative growth would be a depression). High unemployment could be a symptom of that but not sure it is the only one (although it was the case in the 1970s so it is observed history where n=1)
  • MoonRabbitMoonRabbit Posts: 13,995
    edited May 2022

    Not in my textbooks it isn't. Any definition I have ever seen includes unemployment in a definition.

    Please quote me any textbook that references stagflation without referencing unemployment, otherwise I say you are bullshitting. 🙄
    No. I’m quite happy to accept everyday is a school day. 🙂

    Stagflation must has three ingredients, sluggish or no growth, high unemployment, inflationary pressures on prices.

    Let’s think of it as the necessary ingredients to call the eventual cake “stagflation.” But, as in every bake off, what quantities of each make it distinctly Stagflation? Or put another way, if you got a lot of no growth, a lot of inflation, what is the quantity of unemployment that is the issue? (Plus a lot of people have been allowed to retire out the workforce).

    What we have is a huge problem in the UK right now with vacancies which can’t be filled. We are missing about 600K migrants who used to do this pre Brexit, chefs from Rumania for example.

    When you say Stagflation must have unemployment issue, how would you quantify that? What does it actually bring to the equation?
  • StillWatersStillWaters Posts: 9,488
    kjh said:

    Because we are not there. Once s coup had taken place anything is possible. In terms of time limits I give you Putin. He had term limits also.
    But wasn’t he PM (in name only) for one term, so he has done 2 - 1 - 2?

    Technically sticking to the letter of the law
  • kinabalukinabalu Posts: 44,491
    Farooq said:

    The point is that it's out of the hands of the politicians if the scenario I painted came to pass.
    You could in theory impeach the president immediately, but that's not in the gift of any one party since no party constitutes a supermajority, And in any case, even that doesn't restore the actual winner, it just removes the president. And the obvious practical issue is that if you're happy enough to stop the electoral college count through violence, then are you really above intimidating or murdering senators?

    You are spot on about the insurrection at the Capitol not being the only aspect that deserves focus. The attempted coup was multifaceted and was carried out both in public and private. It failed because of a very small number of people who stood firm.
    Yep, some heroic bureaucrats saved the day, some of them Republican. Great people.
  • FoxyFoxy Posts: 50,687

    You rewrite the rules, stagnation plus inflation is stagflation, where is there any reference to full employment?
    We had full employment in the Seventies too, at least for most of the decade it was pretty much the same as it is now.
  • dixiedeandixiedean Posts: 29,855
    News about HMQ not good. She won't attend any garden parties.

    "It is understood the reason is the traditional format of the garden parties, in terms of the length of time they last and the time she would usually spend standing and walking to greet the lines of invited guests."

    Correct me if I'm wrong, but changing that format to sitting down and having the line move past would have been the obvious solution if that really was the reason.
  • MexicanpeteMexicanpete Posts: 30,812

    It’s a question of what defines stagnation

    I can buy the argument that a temporary period of low or negative growth is not sufficient: it’s an extended period of low growth (negative growth would be a depression). High unemployment could be a symptom of that but not sure it is the only one (although it was the case in the 1970s so it is observed history where n=1)
    I think you have hit the nail on the head. Unemployment "could" (and more than likely will) be a symptom of stagflation, it is not necessarily causal.
  • OnlyLivingBoyOnlyLivingBoy Posts: 16,348
    Applicant said:

    Indeed so - and this is one place where a parallel with Brexit can safely be drawn.

    The thinking goes "things are shit. The people who made things shit hate X. Therefore X is worth a try".
    Although in the case of Brexit many of the people who made things shit for the people who voted for it were actually in favour of Brexit - ie the Thatcherite right. Not dissimilar to Trump, who picked up plenty of votes from the business class. Unless you actually think that the New York Times editorial board and people at North London dinner parties are responsible for deindustrialisation, casualisation of work, defunding local government the hobbling of trade unions and rising inequality.
  • Can you deny that you did not believe Government policy during Covid would not lead to inflation, or at least wage-price spiral inflation, and when I stated I feared interest rate rises would follow you assured me they would not?

    Or has Putin changed that dynamic?
    Yes I deny that.

    You said that monetary expansion must cause inflation. I said that's not necessarily correct, because there's been vast monetary expansion in Japan which has remained trapped in an inflationary spiral.

    You referenced your old textbooks which concentrated on inflation. I said that since then more has been learnt, especially (but not just) via Japan and others struggling with deflation and Europe increasingly struggling with deflation over the past decade too.

    Yes monetary expansion is an inflationary pressure, that is very true and I said that. But my point was, which you seem to struggle to understand, is that there are deflationary pressures too.

    If the inflationary pressures and deflationary pressures are in balance, then inflation remains under control. If they get out of balance, then we can get into a serious problem - either inflation or deflation.

    One little spoken about issue that is happening now is that a primary cause of the deflationary pressures (high household indebtedness) actually reduced during lockdown. Due to the support given and the lack of disposable expenditure options, many households increased savings (inflationary) but many others significantly reduced their indebtedness and that has reduced deflationary pressures.

    Inflationary pressures are exceeding deflationary ones now and that might remain true for longer than the Bank is forecasting. But it is not inevitable that inflationary pressures cause inflation to happen, because if the deflationary pressures exceed them then we can get deflation instead as Japan has struggled with for three decades now - or as Europe has seen for a couple of decades.
  • tlg86tlg86 Posts: 26,462



    tlg86 - my view is fairly simple: it is the woman's body, that should be respected, it should be her choice.

    Compelling a woman to have an abortion against her will is absolutely abhorrent and wrong. Compelling a woman to carry a foetus to term that she doesn't want to carry is absolutely abhorrent and wrong. Respect women, let them decide, that is my view.

    Sorry for the slow reply, but what does that mean in practice? Are you suggesting abortion should be legal as long as the child is in the mother? If so, how does that actually work?
  • MaxPBMaxPB Posts: 39,735
    The Bank of England has bottled it.
  • EabhalEabhal Posts: 9,907

    Yes I deny that.

    You said that monetary expansion must cause inflation. I said that's not necessarily correct, because there's been vast monetary expansion in Japan which has remained trapped in an inflationary spiral.

    You referenced your old textbooks which concentrated on inflation. I said that since then more has been learnt, especially (but not just) via Japan and others struggling with deflation and Europe increasingly struggling with deflation over the past decade too.

    Yes monetary expansion is an inflationary pressure, that is very true and I said that. But my point was, which you seem to struggle to understand, is that there are deflationary pressures too.

    If the inflationary pressures and deflationary pressures are in balance, then inflation remains under control. If they get out of balance, then we can get into a serious problem - either inflation or deflation.

    One little spoken about issue that is happening now is that a primary cause of the deflationary pressures (high household indebtedness) actually reduced during lockdown. Due to the support given and the lack of disposable expenditure options, many households increased savings (inflationary) but many others significantly reduced their indebtedness and that has reduced deflationary pressures.

    Inflationary pressures are exceeding deflationary ones now and that might remain true for longer than the Bank is forecasting. But it is not inevitable that inflationary pressures cause inflation to happen, because if the deflationary pressures exceed them then we can get deflation instead as Japan has struggled with for three decades now - or as Europe has seen for a couple of decades.
    I think the savings ratio during the pandemic is the most interesting factor in all this. There is still a lot of stored up cash - its hardly been touched yet by most middle class households.
  • Northern_AlNorthern_Al Posts: 8,726
    dixiedean said:

    News about HMQ not good. She won't attend any garden parties.

    "It is understood the reason is the traditional format of the garden parties, in terms of the length of time they last and the time she would usually spend standing and walking to greet the lines of invited guests."

    Correct me if I'm wrong, but changing that format to sitting down and having the line move past would have been the obvious solution if that really was the reason.

    Boris could go on behalf of the Queen. I believe he's rather fond of garden parties.
  • JonWCJonWC Posts: 289
    Betting info re: Tiverton and Honiton. The independent East Devon Alliance is thinking about putting up an Indy in the by-election. These are anti-Tory independents and have a substantial bloc on the the council. The LibDems will be aghast at the possibility.
  • CarlottaVanceCarlottaVance Posts: 60,281
    edited May 2022
    The WHO have released figures from their excess deaths work. Lower total than some others have got to.
    In Europe, WHO implies UK reported COVID deaths very close to excess, that Germany underreported by as much as ~40%, while France significantly overreported.
    Striking.


    https://twitter.com/paulmainwood/status/1522194001746710531
  • StillWatersStillWaters Posts: 9,488
    Foxy said:

    Yes, and I for one find current UK laws quite reasonable.

    And I would want HFEA to do a scientific and medical assessment of whether 24 weeks should be lowered based on health criteria. But as a technical not an ethical or political analysis. I would be be surprised to see a move to 22 weeks.

    But the current rules aren’t unreasonable and if HFEA said no change then that’s the conclusion for another 20 years or so.
  • StillWatersStillWaters Posts: 9,488

    There's no harm to the foetus done by delivering it, it just isn't fully gestated and ready for birth yet which is why if you want the child you should carry it to term and if you don't then an abortion would be a better alternative.

    If I don't want to speed past a school, then I have the option of not going past the school, I have choices. If a woman doesn't want to carry the child, you want to invasively deny her choice.
    All of which is based on your contention that an unborn child has no rights.

    Unless you can provide an ethical or philosophical underpinning for that there is little point in debating with you as you are just restating your opinion
  • state_go_awaystate_go_away Posts: 5,850
    dixiedean said:

    News about HMQ not good. She won't attend any garden parties.

    "It is understood the reason is the traditional format of the garden parties, in terms of the length of time they last and the time she would usually spend standing and walking to greet the lines of invited guests."

    Correct me if I'm wrong, but changing that format to sitting down and having the line move past would have been the obvious solution if that really was the reason.

    She is 96! even sitting down to greet loads of people is not easy anywhere near that age
  • kjhkjh Posts: 12,373
    edited May 2022

    But wasn’t he PM (in name only) for one term, so he has done 2 - 1 - 2?

    Technically sticking to the letter of the law
    Exactly (practically nobody can remember who the president was). And exactly my point. Once you reach the levels of becoming undemocratic you find ways around it. America is not Russia, but the idea that Trump and his mob (and I don't mean the voters at large) will find ways to undermine the democratic processes as they have been seen to attempt already.
  • EabhalEabhal Posts: 9,907

    The WHO have released figures from their excess deaths work. Lower total than some others have got to.
    In Europe, WHO implies UK reported COVID deaths very close to excess, that Germany underreported by as much as ~40%, while France significantly overreported.
    Striking.


    https://twitter.com/paulmainwood/status/1522194001746710531

    Sweden.....
  • dixiedeandixiedean Posts: 29,855
    JonWC said:

    Betting info re: Tiverton and Honiton. The independent East Devon Alliance is thinking about putting up an Indy in the by-election. These are anti-Tory independents and have a substantial bloc on the the council. The LibDems will be aghast at the possibility.

    They've pushed the Tories close in East Devon the last 3 times.
  • StillWatersStillWaters Posts: 9,488

    You mean 22 weeks. Yes absolutely.

    This is consistent with my view that when the foetus is not viable (ie up to about 22 weeks) then the choice for abortion should be entirely with the mother. Beyond then then the right to life now rests with the foetus and abortion should not be allowed unless it is clearly apparent that continuing with the pregnancy would present a risk of death or significant permanent physical harm to the mother.
    I agree with 22 weeks.

    There is a second question though - what rights does the father have?

    Two scenarios:

    A woman can abort again the wishes of the father - seems reasonable as she is much more involved during gestation

    A man can abort against the wishes of the mother… philosophically it seems harder to argue that he has no rights to determine the outcome.
  • All of which is based on your contention that an unborn child has no rights.

    Unless you can provide an ethical or philosophical underpinning for that there is little point in debating with you as you are just restating your opinion
    Ethics is just opinions.

    There's no such thing as objective underpinning. What exactly do you expect me to offer you?
  • StillWatersStillWaters Posts: 9,488

    Not huffy. You asked me for my view, I gave you my view. You then said its only my view.

    Yes it is only my view, I never said otherwise.

    There is no objective truth here. You can't dig in the ground and find a vein of inalienable rights that says that life begins at ...

    My view is my view, for the reasons given. If you disagree, you're entitled to your own views.

    The difference is I don't want to deny anyone a choice over their own body, I don't want to force my views on others.
    I’m asking you for the ethical and philosophical underpinnings for your view.
  • MexicanpeteMexicanpete Posts: 30,812
    edited May 2022

    Yes I deny that.

    You said that monetary expansion must cause inflation. I said that's not necessarily correct, because there's been vast monetary expansion in Japan which has remained trapped in an inflationary spiral.

    You referenced your old textbooks which concentrated on inflation. I said that since then more has been learnt, especially (but not just) via Japan and others struggling with deflation and Europe increasingly struggling with deflation over the past decade too.

    Yes monetary expansion is an inflationary pressure, that is very true and I said that. But my point was, which you seem to struggle to understand, is that there are deflationary pressures too.

    If the inflationary pressures and deflationary pressures are in balance, then inflation remains under control. If they get out of balance, then we can get into a serious problem - either inflation or deflation.

    One little spoken about issue that is happening now is that a primary cause of the deflationary pressures (high household indebtedness) actually reduced during lockdown. Due to the support given and the lack of disposable expenditure options, many households increased savings (inflationary) but many others significantly reduced their indebtedness and that has reduced deflationary pressures.

    Inflationary pressures are exceeding deflationary ones now and that might remain true for longer than the Bank is forecasting. But it is not inevitable that inflationary pressures cause inflation to happen, because if the deflationary pressures exceed them then we can get deflation instead as Japan has struggled with for three decades now - or as Europe has seen for a couple of decades.
    I did indeed state that an increase in M3 was a substantially significant inflationary force, but I don't see your notion of indebtedness having being deflationary in the UK over the last 20 years, because households simply increased the debt with further cheap borrowing based on the back of property inflation- run out of liquidity so extend the mortgage. The rule has been, so long as the minimum premiums can be serviced, indebtedness is not a problem and thus on your terms not a deflationary pressure. My fear is increased interest rates make it more difficult to service minimum debt repayments. Certainly foreclosures on borrowed houses and cars are deflationary, as supply outstrips demand when stuff is repossessed and disposed of, but under those circumstances my fears are realised and we are up S*** Street. Your other defence was wage-price inflation was not on the horizon...it is now!
  • The WHO have released figures from their excess deaths work. Lower total than some others have got to.
    In Europe, WHO implies UK reported COVID deaths very close to excess, that Germany underreported by as much as ~40%, while France significantly overreported.
    Striking.


    https://twitter.com/paulmainwood/status/1522194001746710531

    Germany had a higher excess death rate than the UK?

    That wasn't in the script. Curious how they calculated that.
  • StillWatersStillWaters Posts: 9,488

    I think you have hit the nail on the head. Unemployment "could" (and more than likely will) be a symptom of stagflation, it is not necessarily causal.
    I thought you promised never to agree with me again…
  • I’m asking you for the ethical and philosophical underpinnings for your view.
    My ethical and philosophical underpinning is my opinion that the woman is an independent person who should control her own body and the foetus is not.
  • MoonRabbitMoonRabbit Posts: 13,995

    I think you have hit the nail on the head. Unemployment "could" (and more than likely will) be a symptom of stagflation, it is not necessarily causal.
    Yes, That seems to be the definition I found here.

    https://www.investopedia.com/terms/s/stagnation.asp

    But most places actually support St Bart’s definition.

    This is the problem I would have in a classroom, it’s clearly so woolly, so when a teacher, like Mr Bart , says no this is the text book definition to use in the exam, the truth is actually its woolly sir. Some only regard it in relation to continued sluggish growth, don’t even mention inflation, it could also considered unemployment is more a symptom of stagflation not a creator of it.

    Surely to learn, we haven’t just got to learn a definition, but why that definition, and those who disagree and why they do?
  • JonWCJonWC Posts: 289
    edited May 2022
    dixiedean said:

    They've pushed the Tories close in East Devon the last 3 times.
    Well not exactly. That was one person, Claire Wright, easily the finest campaigner I've ever met. If he policies had been a bit closer to the electorate she might have won. It was still a pretty big majority though.

    But in any case she is not standing and isn't well known in Tiv and Hon.
  • MaxPBMaxPB Posts: 39,735
    Andrew Bailey will be remembered as the governor who impoverished a nation to please his Tory masters in the treasury. Rates should have gone up to 1.25% today with forwards guidance that they will rise to at least 2% by the end of the summer. We're now in an inflationary spiral and with sterling in freefall against the dollar I don't see how things get better.
  • kjhkjh Posts: 12,373
    I find it deeply troubling how several on here are so blasé about Trump and what he nearly achieved and are not fearful of the possibility of that happening again in the future and even being successful and with comments like the constitution or congress wont allow it. It is not as if this sort of stuff hasn't happened elsewhere.
  • dixiedeandixiedean Posts: 29,855

    She is 96! even sitting down to greet loads of people is not easy anywhere near that age
    So why not just say so?
    Instead of that bollocks?
  • TheValiantTheValiant Posts: 1,927
    dixiedean said:


    How do they know it will come down sharply?
    That's just bloody guessing that this war doesn't continue or widen.
    They said it would peak at 4% very recently. Wage growth is 6%. 1% is historically on the floor. Inflation isn't.
    They are behind the curve badly.

    I'll just say, if the war does widen I don't think we'll need to worry about inflation statistics.
    How's your portable dosimeter? Still in working order?
  • MexicanpeteMexicanpete Posts: 30,812

    I thought you promised never to agree with me again…
    ...oh yeah!
  • StillWatersStillWaters Posts: 9,488

    The WHO have released figures from their excess deaths work. Lower total than some others have got to.
    In Europe, WHO implies UK reported COVID deaths very close to excess, that Germany underreported by as much as ~40%, while France significantly overreported.
    Striking.


    https://twitter.com/paulmainwood/status/1522194001746710531

    Uk came 4/5 from the big European countries. France seems to have done well.

    Will everyone who yelled that the government had done very badly apologise?
  • bondegezoubondegezou Posts: 13,262
    JonWC said:

    Well not exactly. That was one person, Claire Wright, easily the finest campaigner I've ever met. If he policies has been a bit closer to the electorate she might have won. It was still a pretty big majority though.

    But in any case she is not standing and isn't well known in Tiv and Hon.
    She said recently on Twitter that people should vote LibDem in the by-election.
  • StillWatersStillWaters Posts: 9,488
    kjh said:

    Exactly (practically nobody can remember who the president was). And exactly my point. Once you reach the levels of becoming undemocratic you find ways around it. America is not Russia, but the idea that Trump and his mob (and I don't mean the voters at large) will find ways to undermine the democratic processes as they have been seen to attempt already.
    Dmitry Medvedev.

    At the time I was puzzled as he was only in Putin’s middle circle, but I guess he was loyal but not powerful enough to be a threat so it makes sense from Putin’s perspective
  • MexicanpeteMexicanpete Posts: 30,812

    Yes, That seems to be the definition I found here.

    https://www.investopedia.com/terms/s/stagnation.asp

    But most places actually support St Bart’s definition.

    This is the problem I would have in a classroom, it’s clearly so woolly, so when a teacher, like Mr Bart , says no this is the text book definition to use in the exam, the truth is actually its woolly sir. Some only regard it in relation to continued sluggish growth, don’t even mention inflation, it could also considered unemployment is more a symptom of stagflation not a creator of it.

    Surely to learn, we haven’t just got to learn a definition, but why that definition, and those who disagree and why they do?
    I think St Bart and RobD's preferred definition conflates cause and effect.
  • kinabalukinabalu Posts: 44,491
    Foxy said:

    Yes, and I for one find current UK laws quite reasonable.
    Me too. They're based on balancing the rights of women and unborn children. You can argue about things like term limits and allowable exceptions but this approach - a woman's right to choose but with controls - is surely the best one.

    Btw I respect the view - which some people have - that all abortion is flat out wrong because it destroys a human life. I don't share the sentiment but there's nothing wrong with it. The problem comes when people holding that view seek to impose it by law on those who don't.
  • StillWatersStillWaters Posts: 9,488

    Ethics is just opinions.

    There's no such thing as objective underpinning. What exactly do you expect me to offer you?
    Ethics is argued. Not just a statement. Logical reasoning from principles
  • ApplicantApplicant Posts: 3,379

    Although in the case of Brexit many of the people who made things shit for the people who voted for it were actually in favour of Brexit - ie the Thatcherite right. Not dissimilar to Trump, who picked up plenty of votes from the business class. Unless you actually think that the New York Times editorial board and people at North London dinner parties are responsible for deindustrialisation, casualisation of work, defunding local government the hobbling of trade unions and rising inequality.
    Perhaps true, but not the perception.
  • StillWatersStillWaters Posts: 9,488

    My ethical and philosophical underpinning is my opinion that the woman is an independent person who should control her own body and the foetus is not.
    Why does the unborn child have no rights?
  • MalmesburyMalmesbury Posts: 53,729

    Dmitry Medvedev.

    At the time I was puzzled as he was only in Putin’s middle circle, but I guess he was loyal but not powerful enough to be a threat so it makes sense from Putin’s perspective
    Total Putin puppet.

    At one point, as President, IIRC, he went slightly off script. Might even have been accidental. He got squashed back into his box in about a millisecond, by Putin and the rest.
  • BartholomewRobertsBartholomewRoberts Posts: 23,215
    edited May 2022

    I did indeed state that an increase in M3 was a substantially significant inflationary force, but I don't see your notion of indebtedness having being deflationary in the UK over the last 20 years, because households simply increased the debt with further cheap borrowing based on the back of property inflation- run out of liquidity so extend the mortgage. The rule has been, so long as the minimum premiums can be serviced, indebtedness is not a problem and thus on your terms not a deflationary pressure. My fear is increased interest rates make it more difficult to service minimum debt repayments. Certainly foreclosures on borrowed houses and cars are deflationary, as supply outstrips demand when stuff is repossessed, but under those circumstances my fears are realised and we are up S*** Street. Your other defence was wage-price inflation was not on the horizon...it is now!
    If you don't believe debt is deflationary, then you're categorically wrong and there's plenty of economic literature to show that it is. To simplify it, if you are using your wages to pay for debt repayments then you aren't using it to chase for goods, so that is deflationary.

    The irony is lockdown saw a substantial reduction in household debt. That will reduce the deflationary pressure on the economy and increase inflation as a result.

    I didn't say wage prices inflation was not on the horizon for memory, indeed I've been saying for quite a while it could be. However wages only make a factor of prices, not all of it.

    PS the Bank of England, the Federal Reserve etc have all deprecated and do not use M3 for their decision making precisely because of the flaws we now know about it that weren't as clear forty years ago.
  • MalmesburyMalmesbury Posts: 53,729

    Uk came 4/5 from the big European countries. France seems to have done well.

    Will everyone who yelled that the government had done very badly apologise?
    France did 2x better than Germany???!!? Hands up anyone who saw that coming?
  • HeathenerHeathener Posts: 7,085
    edited May 2022
    In the words of Ralph Fiennes, 'well this is going well.'

    Boris Johnson might be best to call a snap General Election for next month.

  • tlg86tlg86 Posts: 26,462

    Why does the unborn child have no rights?
    Leaving aside that issue, I'm more interested in the practicalities of the absolutist position of @BartholomewRoberts.
  • Why does the unborn child have no rights?
    Because of the principle that it isn't a person that has been born, the woman is and it is her body that is in question.

    Why should the foetus have rights? Why not sperm?
  • HeathenerHeathener Posts: 7,085

    Why does the unborn child have no rights?
    It's not a 'child'

    Not unless you are a religious and / or right wing nutjob.
  • HeathenerHeathener Posts: 7,085

    If you don't believe debt is deflationary, then you're categorically wrong .
    You really do come out with some economic guff. I doubt you've ever studied it.

    You tried to tell me the other week that there was no link between supply and demand and inflation. Astounding.
  • williamglennwilliamglenn Posts: 54,362

    France did 2x better than Germany???!!? Hands up anyone who saw that coming?
    Well they did have one of the world's leading epidemiologists as President.
  • tlg86 said:

    Leaving aside that issue, I'm more interested in the practicalities of the absolutist position of @BartholomewRoberts.
    Practically just about the same as we operate now in the UK in practice.

    Very few women want a late abortion and those that do can in practice typically get them. It is going to be very rare and far between that a woman wants a late term abortion and as such almost inevitably for a very good reason.
  • Heathener said:

    You really do come out with some economic guff. I doubt you've ever studied it.

    You tried to tell me the other week that there was no link between supply and demand and inflation. Astounding.
    WTF? No I didn't.
This discussion has been closed.