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ntluser · 30-05-2017, 12:19

My concern is that Labour may make the same mistake as they did under Gordon Brown's leadership where they tried to outbid the Conservative pledges still making promises even though there was insufficient funds in the Treasury.

Labour needs to show that it has learned from the mistakes of the past but on current showing this does not appear to be the case.

All of us have to live within our means and the massive debt problem we have in this country demonstrates that a lot of people are not doing that.

We need not only to get the deficit under control but also our personal finances.Living on credit is part of the problem not part of the solution.

Though Labour has some good ideas in principle, it does not seem to have the plan or resolve to see them through in practice. Austerity isn't pleasant and people can be forgiven for thinking that massive government borrowing and spending is the answer but then that's how we got into the deficit mess in the first place.

Once that deficit is gone and the government is back in credit, the government will have more money to spend to reduce austerity, but we need to avoid the situation of the past where one person's pay rise is another person's redundancy notice.

We also need to avoid situations which lead to strikes as they damage the economy and make austerity worse. Politicians of all parties would also do well not to award themselves large rises as this generates resentment and they need to show that we really are all in this together.

Over the years, as a nation, we have priced ourselves out of the market and relied too heavily on the financial sector to bail us out. We need to get back to producing goods at a lower cost and making our country self-sufficient again.

In order to compete we all need to get used to making do with less. If we don't the country will go bankrupt and then we will be in the same state as Greece with all its massive financial, social and economic problems.

Like the referendum vote, it will be very interesting to see how people vote in the election next week as sometimes the outcome may be something we all do not expect or plan for. Hopefully everybody will make the right decision but it does seem to be a choice of two evils as no party has policies that everybody will be happy with.

As with all these things we will have to wait and see and hope and pray for the best outcome.

30-05-2017, 12:19	#778
ntluser cf.mega poster Join Date: Jun 2003 Location: Manchester Age: 76 Services: Virgin Media XL Telephone,TV with Tivo box & Superhub3 upto 150Mb Broadband, Sky World, & Freeview+ Posts: 1,901	Re: June 8th General Election My concern is that Labour may make the same mistake as they did under Gordon Brown's leadership where they tried to outbid the Conservative pledges still making promises even though there was insufficient funds in the Treasury. Labour needs to show that it has learned from the mistakes of the past but on current showing this does not appear to be the case. All of us have to live within our means and the massive debt problem we have in this country demonstrates that a lot of people are not doing that. We need not only to get the deficit under control but also our personal finances.Living on credit is part of the problem not part of the solution. Though Labour has some good ideas in principle, it does not seem to have the plan or resolve to see them through in practice. Austerity isn't pleasant and people can be forgiven for thinking that massive government borrowing and spending is the answer but then that's how we got into the deficit mess in the first place. Once that deficit is gone and the government is back in credit, the government will have more money to spend to reduce austerity, but we need to avoid the situation of the past where one person's pay rise is another person's redundancy notice. We also need to avoid situations which lead to strikes as they damage the economy and make austerity worse. Politicians of all parties would also do well not to award themselves large rises as this generates resentment and they need to show that we really are all in this together. Over the years, as a nation, we have priced ourselves out of the market and relied too heavily on the financial sector to bail us out. We need to get back to producing goods at a lower cost and making our country self-sufficient again. In order to compete we all need to get used to making do with less. If we don't the country will go bankrupt and then we will be in the same state as Greece with all its massive financial, social and economic problems. Like the referendum vote, it will be very interesting to see how people vote in the election next week as sometimes the outcome may be something we all do not expect or plan for. Hopefully everybody will make the right decision but it does seem to be a choice of two evils as no party has policies that everybody will be happy with. As with all these things we will have to wait and see and hope and pray for the best outcome.