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Bassssssiiiiillllllll....0
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ruralvoter Indeed, we have received literature from The Tories, Independents and Labour so far in Hereford but not the LDs0
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Yup, he's a top egg, makes me laugh out loud several times a day, he's the Matt of Twitter/PhotoshopFrancisUrquhart said:
Noticed...and edited post. Joys of twitter + spoof accounts that get retweeted + multi-tasking.TheScreamingEagles said:
Is a spoof account,
Best MP spoof twitter? Boles?0 -
SeanT Germany has lower unemployment and a lower deficit than the US and UK, and a higher gdp per capita than the UK and Japan0
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What's the ETA on YouGov? Are we expecting any other polls? Smelling salts on standby.0
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I just don't understand how some Conservatives can imagine that mocking the lower classes can enhance their image.TheScreamingEagles said:
Camilla Long's piece in the Sunday Times about Thanet South seems to have enraged the Kippers tooSean_F said:
Yet Matthew Parris says the Conservatives "really piss people off" without understanding that his piece about Clacton is the sort of thing that pisses people off.TheScreamingEagles said:
Another ex Tory, UKIP have done so much to detoxify the Tory party.felix said:http://www.thejc.com/news/uk-news/132988/ukip-election-candidate-quits-after-claiming-israel-should-kidnap-obama
It'd be easier to list the ones who haven't quit!
http://www.ukip.org/ukip_leader_slams_tory_paper_attack_on_thanet0 -
10.30pmRobD said:What's the ETA on YouGov? Are we expecting any other polls? Smelling salts on standby.
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Parris famously wrote a letter to a woman making fun of her complaints about her council accommodation when he was Thatcher's secretary.another_richard said:
I suspect Parris was merely revealing what he thought, and has always thought, of the sort of people who live in Clacton.Sean_F said:
Yet Matthew Parris says the Conservatives "really piss people off" without understanding that his piece about Clacton is the sort of thing that pisses people off.TheScreamingEagles said:
Another ex Tory, UKIP have done so much to detoxify the Tory party.felix said:http://www.thejc.com/news/uk-news/132988/ukip-election-candidate-quits-after-claiming-israel-should-kidnap-obama
It'd be easier to list the ones who haven't quit!
I remember on one of those Thatcher retrospective programs of a few years ago Parris recounted how, when working in Thatcher's office in the 1970s, he and his chums referred to Thatcher as 'Hilda' behind her back.
The reason being that they thought Hilda a more downmarket name than Margaret.
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We are all ready and waiting....anticipation too much for some.GIN1138 said:
ETA 22:30. Basil's ready...RobD said:What's the ETA on YouGov? Are we expecting any other polls? Smelling salts on standby.
http://static.parade.com/wp-content/uploads/2013/07/hamster-2.jpg0 -
If YouGov show's a Con lead I bet Mike's headline is:
"Latest YouGov Doesn't Show 4% Lad Lead..."0 -
46 minutesTheScreamingEagles said:
10.30pmRobD said:What's the ETA on YouGov? Are we expecting any other polls? Smelling salts on standby.
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On the vote-swapping nonsense, in a supposed democracy it is every voter's right to seek to persuade, within reason, another voter to vote a different way.
So the absolute defence would seem to be "we persuaded each other it was the right thing to do"...0 -
I think it works both ways, Kippers regularly insult/mock the upper class Tories.Sean_F said:
I just don't understand how some Conservatives can imagine that mocking the lower classes enhances can enhance their image.TheScreamingEagles said:
Camilla Long's piece in the Sunday Times about Thanet South seems to have enraged the Kippers tooSean_F said:
Yet Matthew Parris says the Conservatives "really piss people off" without understanding that his piece about Clacton is the sort of thing that pisses people off.TheScreamingEagles said:
Another ex Tory, UKIP have done so much to detoxify the Tory party.felix said:http://www.thejc.com/news/uk-news/132988/ukip-election-candidate-quits-after-claiming-israel-should-kidnap-obama
It'd be easier to list the ones who haven't quit!
http://www.ukip.org/ukip_leader_slams_tory_paper_attack_on_thanet
But it's not going to win them back if the Tories have any hope of a majority in 2015 or 20200 -
Unfortunately, we have evidence to the contraryRodCrosby said:On the vote-swapping nonsense, in a supposed democracy it is every voter's right to seek to persuade, within reason, another voter to vote a different way.
So the absolute defence would seem to be "we persuaded each other it was the right thing to do"...0 -
Edit - brain farted and posted nonsense.0
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It'd better be good for Con or Basil will heading for the ratatouille...FrancisUrquhart said:
We are all ready and waiting....anticipation too much for some.GIN1138 said:
ETA 22:30. Basil's ready...RobD said:What's the ETA on YouGov? Are we expecting any other polls? Smelling salts on standby.
http://static.parade.com/wp-content/uploads/2013/07/hamster-2.jpg
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Just remember, after Easter, YouGov goes 7 days a week.RobD said:
46 minutesTheScreamingEagles said:
10.30pmRobD said:What's the ETA on YouGov? Are we expecting any other polls? Smelling salts on standby.
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#megpollingdailyTheScreamingEagles said:
Just remember, after Easter, YouGov goes 7 days a week.RobD said:
46 minutesTheScreamingEagles said:
10.30pmRobD said:What's the ETA on YouGov? Are we expecting any other polls? Smelling salts on standby.
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It fills me with dread.GIN1138 said:
#megpollingdailyTheScreamingEagles said:
Just remember, after Easter, YouGov goes 7 days a week.RobD said:
46 minutesTheScreamingEagles said:
10.30pmRobD said:What's the ETA on YouGov? Are we expecting any other polls? Smelling salts on standby.
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What frequency will they go to after May, twice a day??GIN1138 said:
#megpollingdailyTheScreamingEagles said:
Just remember, after Easter, YouGov goes 7 days a week.RobD said:
46 minutesTheScreamingEagles said:
10.30pmRobD said:What's the ETA on YouGov? Are we expecting any other polls? Smelling salts on standby.
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If people want to come to an unofficial agreement you can hardly stop them. They should however be voting in private and not taking any photographic evidence. If they trust each other it's their choice.RodCrosby said:On the vote-swapping nonsense, in a supposed democracy it is every voter's right to seek to persuade, within reason, another voter to vote a different way.
So the absolute defence would seem to be "we persuaded each other it was the right thing to do"...0 -
5 days a weekRobD said:
What frequency will they go to after May, twice a day??GIN1138 said:
#megpollingdailyTheScreamingEagles said:
Just remember, after Easter, YouGov goes 7 days a week.RobD said:
46 minutesTheScreamingEagles said:
10.30pmRobD said:What's the ETA on YouGov? Are we expecting any other polls? Smelling salts on standby.
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Why? Polls and debates about debates about debates about debates = #Election2015TheScreamingEagles said:
It fills me with dread.GIN1138 said:
#megpollingdailyTheScreamingEagles said:
Just remember, after Easter, YouGov goes 7 days a week.RobD said:
46 minutesTheScreamingEagles said:
10.30pmRobD said:What's the ETA on YouGov? Are we expecting any other polls? Smelling salts on standby.
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Bah!TheScreamingEagles said:
5 days a weekRobD said:
What frequency will they go to after May, twice a day??GIN1138 said:
#megpollingdailyTheScreamingEagles said:
Just remember, after Easter, YouGov goes 7 days a week.RobD said:
46 minutesTheScreamingEagles said:
10.30pmRobD said:What's the ETA on YouGov? Are we expecting any other polls? Smelling salts on standby.
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Miliband's little EU business stunt getting some good headlines....FT have got "Is Ed Anti-Business".
https://twitter.com/suttonnick/status/5826456182308208640 -
Lol. Like the central plank of government policy for the last 5 years hasn't been interfering to keep the housing market fully inflated.welshowl said:
This constant interfering in markets really concerns me about Ed ( housing rents, building land, energy et al). Sure the free market is not utterly perfect 100% of the time but it is the best option in many many circumstances and sticking an oar in can have worse consequences.TGOHF said:Some private sector companies are more equal than other..
http://www.bloomberg.com/news/articles/2015-03-30/miliband-says-drugmakers-exempt-from-u-k-health-profit-cap-plan
This is one. Aside from the accountancy field day this 5% cap will unleash as others have said, and the now possible excepting of drugs, what if a company invents a world beating health widget which is cheaper and better than anything before but insists it will only sell it at 20% profit (however defined by Ed), Is the NHS going to be deprived of it for ideological reasons alone, saddling patients and the taxpayer with inferior and dearer options whilst the company cheerfully sells the widget to everyone else worldwide?0 -
I reckon this is the election when we're going to have too many polls.GIN1138 said:
Why? Polls and debates about debates about debates about debates = #Election2015TheScreamingEagles said:
It fills me with dread.GIN1138 said:
#megpollingdailyTheScreamingEagles said:
Just remember, after Easter, YouGov goes 7 days a week.RobD said:
46 minutesTheScreamingEagles said:
10.30pmRobD said:What's the ETA on YouGov? Are we expecting any other polls? Smelling salts on standby.
Too much heat, not enough light.
Add in the fact Lord Ashcroft is reportedly going to be releasing weekly constituency polling and Scotland specific polling, we could be having 5 to 8 polling events some days.0 -
It does seem a little too much...TheScreamingEagles said:
I reckon this is the election when we're going to have too many polls.GIN1138 said:
Why? Polls and debates about debates about debates about debates = #Election2015TheScreamingEagles said:
It fills me with dread.GIN1138 said:
#megpollingdailyTheScreamingEagles said:
Just remember, after Easter, YouGov goes 7 days a week.RobD said:
46 minutesTheScreamingEagles said:
10.30pmRobD said:What's the ETA on YouGov? Are we expecting any other polls? Smelling salts on standby.
Too much heat, not enough light.
Add in the fact Lord Ashcroft is reportedly going to be releasing weekly constituency polling and Scotland specific polling, we could be having 5-8 polling events a day.
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Are you getting worried Labour?!0
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No it has not.another_richard said:
This government has missed its borrowing targets by hundreds of billions.Flightpath said:
According to the IMF the underlying deficit reduction in Britain has been 6.6% of GDP, with 3.5% still to go.Indigo said:
Wut ? Keynes advocated heavy spending stimulus in a downturn and cutting back and saving in the good times. The sort of pissing money up the wall in the good times both parties have been doing in the last decade probably has him spinning in his grave!FrankBooth said:DavidL - If you honestly believe Cameron and Osborne are centrists then it's no wonder so many of your fellow countrymen are disillusioned with life in the Union! Let us not forget that they unveiled the most ridiculous anti-government scorched earth austerity programme in 2010 that was almost beyond parody in its anti-keynesian idiocy. Luckily for us George did a partial u-turn as borrowing refused to come down and he even embraced a bit of stimulus to the housing market (completely the wrong sector of the UK economy to be stimuating but you could argue something was better than nothing). All the worst kind of Tory thinking - get government out the way, don't interfere in the market, unless it's housing, in which case it's all fine.
If you think Osborne's feeble cutting back of less than 2% over a whole parliament is austerity, you have clearly lost touch with that well known right-wing monetarist Denis Healey who cut 4% from spending in one year in 1974, I realise him being Labour, and therefore making "cuddly cuts" is different.
The definition of a tight fiscal policy is to cut spending and or raise taxes. The IFS points out that over the course of the parliament the coalition will have tightened by 7% of GDP, slightly less than the 7.9% it originally planned.
You may or may not like this but that's what's happened.
You may or may not like this but that's what's happened.
The govt proposed to eliminate the structural deficit. Borrowing targets were based on the size of the structural deficit assumed at the time. This turned out to be much bigger. The IFS pointed out that estimates of the size of the structural budget deficit – that which is not dependent on the economic cycle – increased between 2010 and the end of 2012.
- ie the destruction of productive capacity was greater.
The govt could have cut more to meet the target and ruined the economy, it extended its target by 2 years to 2017. That meant 100 billion extra borrowing over that time.
Labour talk of £200+ billion extra borrowing is rubbish (again as the IFS point out).
Labours black hole was bigger.
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When I looked up the rules on this I understood that you were supposed to register in the seat where you had last been registered as a resident. My best mate who has moved to Oz was previously resident in Sheffield Hallam you see....rural_voter said:
Hereford used to be a Lib Dem seat, hence it is 'marginal'. But Jesse Norman seems safe.Barnesian said:
Why are you doing that!Indigo said:
I am voting from overseas. I used to live in the marginal Swindon South, now I am proxy voting in the rock steady Tory Hereford & South Herefordshire, not sure that went to planBarnesian said:
The Conservative Party used to organise that overseas voters placed their vote in Tory marginals. An overseas voter only had to declare that they had some tenuous relationship with the constituency to be able to vote there, - like my mother used to shop there. I don't know whether this is still allowed.Indigo said:
So you would be happy for the Conservative Party to start organising it in marginals where they are just behind Labour ?SouthamObserver said:
Two people will vote in the constituencies in which they live having decided how best to deploy their votes. as is their right in our democracy.
Anyone planning to write a vote sharing app ? VotR maybe ?0 -
And you know, the one outlier gets the most prominence in the media.GIN1138 said:
It does seem a little too much...TheScreamingEagles said:
I reckon this is the election when we're going to have too many polls.GIN1138 said:
Why? Polls and debates about debates about debates about debates = #Election2015TheScreamingEagles said:
It fills me with dread.GIN1138 said:
#megpollingdailyTheScreamingEagles said:
Just remember, after Easter, YouGov goes 7 days a week.RobD said:
46 minutesTheScreamingEagles said:
10.30pmRobD said:What's the ETA on YouGov? Are we expecting any other polls? Smelling salts on standby.
Too much heat, not enough light.
Add in the fact Lord Ashcroft is reportedly going to be releasing weekly constituency polling and Scotland specific polling, we could be having 5-8 polling events a day.
Then you've also got the post debates/interview polling to deal with as well.0 -
No fair point. There has been some of that going on and it's not great either. It's just I get the vibe Ed can't pass a market stall without wanting to regulate the price by capping it. We don't improve living standards by declaring everything's cheaper by diktat. You just end up limiting the supply, but I'm not certain he wants to know.Monksfield said:
Lol. Like the central plank of government for the last 5 years hasn't been interfering to keep the housing market fully inflated.welshowl said:
This constant interfering in markets really concerns me about Ed ( housing rents, building land, energy et al). Sure the free market is not utterly perfect 100% of the time but it is the best option in many many circumstances and sticking an oar in can have worse consequences.TGOHF said:Some private sector companies are more equal than other..
http://www.bloomberg.com/news/articles/2015-03-30/miliband-says-drugmakers-exempt-from-u-k-health-profit-cap-plan
This is one. Aside from the accountancy field day this 5% cap will unleash as others have said, and the now possible excepting of drugs, what if a company invents a world beating health widget which is cheaper and better than anything before but insists it will only sell it at 20% profit (however defined by Ed), Is the NHS going to be deprived of it for ideological reasons alone, saddling patients and the taxpayer with inferior and dearer options whilst the company cheerfully sells the widget to everyone else worldwide?0 -
SeanT On the eurozone as a whole you are right, but within the eurozone economies like those of Germany and the Netherlands and Luxembourg are still doing well even in global terms, and while the population fall in Germany may mean the UK overtakes it in gdp terms, in gdp per capita terms that is much less likely. Even if London remains ahead of Frankfurt in the financial sector, Germany will still remain well ahead on manufacturing too0
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Likewise Tories regularly insult/mock upper class Labour - EdM's two kitchens being an example.TheScreamingEagles said:
I think it works both ways, Kippers regularly insult/mock the upper class Tories.Sean_F said:
I just don't understand how some Conservatives can imagine that mocking the lower classes enhances can enhance their image.TheScreamingEagles said:
Camilla Long's piece in the Sunday Times about Thanet South seems to have enraged the Kippers tooSean_F said:
Yet Matthew Parris says the Conservatives "really piss people off" without understanding that his piece about Clacton is the sort of thing that pisses people off.TheScreamingEagles said:
Another ex Tory, UKIP have done so much to detoxify the Tory party.felix said:http://www.thejc.com/news/uk-news/132988/ukip-election-candidate-quits-after-claiming-israel-should-kidnap-obama
It'd be easier to list the ones who haven't quit!
http://www.ukip.org/ukip_leader_slams_tory_paper_attack_on_thanet
But it's not going to win them back if the Tories have any hope of a majority in 2015 or 2020
Inevitably many people will insult/mock people different to themselves.
But its not a good idea for politicians to mock/insult people whose votes they need.
Though with politicians being drawn from an increasingly narrow background the groupthink this encourages we're seeing that happen.
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The long term (even the medium run) strength of Sterling shows absolutely no more resilience than the Euro does. Sure it's a little higher just now but the likelihood of that persisting is near zero.SeanT said:
In nominal terms, with the ongoing collapse of the euro, I'd be surprised if its GDP per capita remains higher than the UK's for long.HYUFD said:SeanT Germany has lower unemployment and a lower deficit than the US and UK, and a higher gdp per capita than the UK and Japan
The UK also has considerably stronger growth than Germany (as does the US).
We can all cherry pick stats to make our point. My point (inarguable, I think) is that Germany only seems to be doing well because it is seen in comparison to the dire performance of peripheral eurozone nations.
Compare it to much of the rest of the world, and it has big big problems. Like all of Europe.
The more lunatic fringe of Friedman disciples in the UK have been predicting the UK to overtake Germany for decades. Yet it's never looked remotely likely.0 -
@bbclaurak: Interesting - I'm told some Labour members asked to try and hold back elex spending in case 2nd poll later in the year... #newsnight0
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Has Newton Dunn ramped the Yougov yet ?0
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Not cricket, eh? I suppose I should keep schtum then about the time I repeated his trick with twelve different people...SeanT said:OGH's vote swapping does seem a tiny bit questionable. I can't exactly pin it down. Just not quite electoral cricket.
His boasting about it on here is downright bizarre, for a much-respected wiseacre.0 -
Let's hope they get a refund on the VAT posters then!Scott_P said:@bbclaurak: Interesting - I'm told some Labour members asked to try and hold back elex spending in case 2nd poll later in the year... #newsnight
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Think you supposed intellectuals suffer from a collective arrogance in that you are above democracy.RodCrosby said:
Not cricket, eh? I suppose I should keep schtum then about the time I repeated his trick with twelve different people...SeanT said:OGH's vote swapping does seem a tiny bit questionable. I can't exactly pin it down. Just not quite electoral cricket.
His boasting about it on here is downright bizarre, for a much-respected wiseacre.0 -
New Thread0
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Viz. London seats.
Battersea and Finchley are not lost causes for Labour. They have a fighting chance....
Long shot - Wimbledon (Lib Dem collapse could allow Labour in) - Merton is a Labour council after all.0 -
Why are you telling such pointless lies.Flightpath said:
No it has not.another_richard said:
This government has missed its borrowing targets by hundreds of billions.Flightpath said:
According to the IMF the underlying deficit reduction in Britain has been 6.6% of GDP, with 3.5% still to go.Indigo said:
Wut ? Keynes advocated heavy spending stimulus in a downturn and cutting back and saving in the good times. The sort of pissing money up the wall in the good times both parties have been doing in the last decade probably has him spinning in his grave!
If you think Osborne's feeble cutting back of less than 2% over a whole parliament is austerity, you have clearly lost touch with that well known right-wing monetarist Denis Healey who cut 4% from spending in one year in 1974, I realise him being Labour, and therefore making "cuddly cuts" is different.
The definition of a tight fiscal policy is to cut spending and or raise taxes. The IFS points out that over the course of the parliament the coalition will have tightened by 7% of GDP, slightly less than the 7.9% it originally planned.
You may or may not like this but that's what's happened.
You may or may not like this but that's what's happened.
The govt proposed to eliminate the structural deficit. Borrowing targets were based on the size of the structural deficit assumed at the time. This turned out to be much bigger. The IFS pointed out that estimates of the size of the structural budget deficit – that which is not dependent on the economic cycle – increased between 2010 and the end of 2012.
- ie the destruction of productive capacity was greater.
The govt could have cut more to meet the target and ruined the economy, it extended its target by 2 years to 2017. That meant 100 billion extra borrowing over that time.
Labour talk of £200+ billion extra borrowing is rubbish (again as the IFS point out).
Labours black hole was bigger.
Osborne's borrowing predictions are in his 2010 budget.
He will miss them by hundreds of billions.
Osborne's 2010 budget also gives predictions as to how much government debt will be as a percentage of GDP.
Compare his prediction then to his prediction in this months' budget.
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It's grubby.SeanT said:OGH's vote swapping does seem a tiny bit questionable. I can't exactly pin it down. Just not quite electoral cricket.
His boasting about it on here is downright bizarre, for a much-respected wiseacre.0 -
A fool and his vote are easily parted.RodCrosby said:
Not cricket, eh? I suppose I should keep schtum then about the time I repeated his trick with twelve different people...SeanT said:OGH's vote swapping does seem a tiny bit questionable. I can't exactly pin it down. Just not quite electoral cricket.
His boasting about it on here is downright bizarre, for a much-respected wiseacre.
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If they are that hard pushed perhaps they could do a "sale or return" deal.RobD said:
Let's hope they get a refund on the VAT posters then!Scott_P said:@bbclaurak: Interesting - I'm told some Labour members asked to try and hold back elex spending in case 2nd poll later in the year... #newsnight
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You sound like one of the London Tories of 2010, bigging up your chances in the most impossible of places.murali_s said:Viz. London seats.
Battersea and Finchley are not lost causes for Labour. They have a fighting chance....
Long shot - Wimbledon (Lib Dem collapse could allow Labour in) - Merton is a Labour council after all.
For your information Labour elected a grand total of 6 councillors in Wimblendon constituency in 2014, compared to 20 Conservative. Labour control of Merton council comes not from Wimblendon but form Mitcham and Morden.
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Read what respected economists say. Are they lying? The facts are the structural deficit was bigger than predicted and so the task was bigger and the time taken longer.another_richard said:
Why are you telling such pointless lies.Flightpath said:
No it has not.another_richard said:
This government has missed its borrowing targets by hundreds of billions.Flightpath said:
According to the IMF the underlying deficit reduction in Britain has been 6.6% of GDP, with 3.5% still to go.Indigo said:
Wut ? Keynes advocated heavy spending stimulus in a downturn and cutting back and saving in the good times. The sort of pissing money up the wall in the good times both parties have been doing in the last decade probably has him spinning in his grave!
If you think Osborne's feeble cutting back of less than 2% over a whole parliament is austerity, you have clearly lost touch with that well known right-wing monetarist Denis Healey who cut 4% from spending in one year in 1974, I realise him being Labour, and therefore making "cuddly cuts" is different.
The definition of a tight fiscal policy is to cut spending and or raise taxes. The IFS points out that over the course of the parliament the coalition will have tightened by 7% of GDP, slightly less than the 7.9% it originally planned.
You may or may not like this but that's what's happened.
You may or may not like this but that's what's happened.
The govt proposed to eliminate the structural deficit. Borrowing targets were based on the size of the structural deficit assumed at the time. This turned out to be much bigger. The IFS pointed out that estimates of the size of the structural budget deficit – that which is not dependent on the economic cycle – increased between 2010 and the end of 2012.
- ie the destruction of productive capacity was greater.
The govt could have cut more to meet the target and ruined the economy, it extended its target by 2 years to 2017. That meant 100 billion extra borrowing over that time.
Labour talk of £200+ billion extra borrowing is rubbish (again as the IFS point out).
Labours black hole was bigger.
Osborne's borrowing predictions are in his 2010 budget.
He will miss them by hundreds of billions.
Osborne's 2010 budget also gives predictions as to how much government debt will be as a percentage of GDP.
Compare his prediction then to his prediction in this months' budget.0 -
Germany has the biggest trade sirplus in the world. Substantially bigger than China. Largely because of its very competitive (and incidentally well paid) commercial environment.SeanT said:
This is just bollocks, sorry.HYUFD said:SeanT On the eurozone as a whole you are right, but within the eurozone economies like those of Germany and the Netherlands and Luxembourg are still doing well even in global terms, and while the population fall in Germany may mean the UK overtakes it in gdp terms, in gdp per capita terms that is much less likely. Even if London remains ahead of Frankfurt in the financial sector, Germany will still remain well ahead on manufacturing too
The UK had a higher GDP per capita than Germany in 2007. Currency fluctuations since then have altered this, not economic growth: the UK has grown FASTER than Germany since the 2008 Krunch.
"Britain’s recovery from the 2008 global recession has overtaken Germany and is now better than any other leading European nation, official figures show.
Britain’s recovery has now been better than in Germany, France or Italy, as well as Japan, and behind just Canada and the US in the G7."
http://www.thetimes.co.uk/tto/business/economics/article4335950.ece
Germany is in trouble. We're all in trouble. Britain might in the end do better than her neighbours.
http://www.bloomberg.com/news/articles/2015-02-09/germany-posting-record-surplus-gives-fodder-to-economy-s-critics
If only our economy could outperform a country with 12 times the population!0 -
'respected economists'Flightpath said:
Read what respected economists say. Are they lying? The facts are the structural deficit was bigger than predicted and so the task was bigger and the time taken longer.another_richard said:
Why are you telling such pointless lies.Flightpath said:
No it has not.another_richard said:
This government has missed its borrowing targets by hundreds of billions.Flightpath said:
According to the IMF the underlying deficit reduction in Britain has been 6.6% of GDP, with 3.5% still to go.
The definition of a tight fiscal policy is to cut spending and or raise taxes. The IFS points out that over the course of the parliament the coalition will have tightened by 7% of GDP, slightly less than the 7.9% it originally planned.
You may or may not like this but that's what's happened.
You may or may not like this but that's what's happened.
The govt proposed to eliminate the structural deficit. Borrowing targets were based on the size of the structural deficit assumed at the time. This turned out to be much bigger. The IFS pointed out that estimates of the size of the structural budget deficit – that which is not dependent on the economic cycle – increased between 2010 and the end of 2012.
- ie the destruction of productive capacity was greater.
The govt could have cut more to meet the target and ruined the economy, it extended its target by 2 years to 2017. That meant 100 billion extra borrowing over that time.
Labour talk of £200+ billion extra borrowing is rubbish (again as the IFS point out).
Labours black hole was bigger.
Osborne's borrowing predictions are in his 2010 budget.
He will miss them by hundreds of billions.
Osborne's 2010 budget also gives predictions as to how much government debt will be as a percentage of GDP.
Compare his prediction then to his prediction in this months' budget.
LOL
You can find 'respected economists' to give any opinion you want.
Read what Osborne predicted in his 2010 budget and compare with what happened in reality and what he predicted in his 2015 budget.
Hundreds of billions of extra borrowing and much higher debt.
That you continue to deny FACTS and instead prefer OPINIONS shows how desperate you are.
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