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June 8th General Election
View Poll Results: Who would you vote for on 8th June?
Conservatives 47 48.96%
Labour 24 25.00%
Liberal Democrats 9 9.38%
UKIP 4 4.17%
Greens 2 2.08%
Other 5 5.21%
None, I will Abstain. 5 5.21%
Voters: 96. You may not vote on this poll

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Old 16-05-2017, 17:46   #511
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Re: June 8th General Election

Quote:
Originally Posted by Osem View Post
Doesn't look like Corbyn's planning to reverse all those terrible benefit cuts imposed by the nasty evil Tories that he's spent years moaning about. I wonder why not.

http://www.telegraph.co.uk/news/2017...se-axe-freeze/
he doesn't need too he's nationalising hope .
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Old 16-05-2017, 17:52   #512
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Re: June 8th General Election

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Originally Posted by peanut View Post
◾Cuts to bereavement support payment will be scrapped, as will the bedroom tax and the "punitive sanctions regime"

I'd say that's a start at least. It'll be interesting to see what the Tories are going offer those that really need help. Or will they just concentrate on helping the rich at the poor's expense.

Though they are all as bad as each other anyway.
That about sums it up peanut as truth and sincerity are in very short supply sadly with most politicians nowadays.
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Old 16-05-2017, 18:55   #513
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Re: June 8th General Election

... and here's McDonnell explaining how what Labour said would be fully costed manifesto proposals aren't fully costed in the case of water privatisation which would cost many tens of billions.

https://order-order.com/2017/05/16/m...-fully-costed/

Not really a surprise is it. They just can't seem to get a grip on those pesky numbers.
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Old 17-05-2017, 02:21   #514
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Re: June 8th General Election

Quote:
Originally Posted by heero_yuy View Post
Labour's plan for 30% corpoaration tax is going to make Ireland's 12.5% look very attractive to big business whereas smaller businesses that have already been hard hit by revalued business rates, cannot re-locate and are struggling are likely to go under.

The current rate here around 20% on many £billions is better than 30% of diddley squat.

It happened under Labour in the 70's with the resulting mass unemployment and rocketing interest rates. Under Corbyn's . Labour it would happen again only much worse. The last few years in France and more severely Venezuela, should be a lesson to all.

Could you afford your mortgage with a 15% interest rate?
What like it was under John Major?

I read an interesting article on the '70's crisis (cough, to young to remember it) that said LBJ threatened to wreck the UK economy if we didn't join the war in Vietnam, not many years later that happened, not sure if it's true or to what extent there was economic arm twisting or if I'm even remembering the article 100% correctly!!
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Old 17-05-2017, 09:37   #515
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Re: June 8th General Election

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Originally Posted by TheDaddy View Post
What like it was under John Major?
Now you know full well that that is not a valid comparison: The sky high interest rate under Major was due to the almost suicidal attempt to stay in the snake, the predecessor of the Euro, and was only temporary. Unlike the economic failure under Calaghan that had us going begging, cap in hand, to the IMF for a bailout worth £8bn in todays money to prevent the country going bankrupt as no one else would loan us anything as "The sick man of Europe" couldn't pay it's debts.

Quote:
I read an interesting article on the '70's crisis (cough, to young to remember it) that said LBJ threatened to wreck the UK economy if we didn't join the war in Vietnam, not many years later that happened, not sure if it's true or to what extent there was economic arm twisting or if I'm even remembering the article 100% correctly!!
I'll get my tin foil hat out.
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Old 17-05-2017, 11:03   #516
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Re: June 8th General Election

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Originally Posted by TheDaddy View Post
What like it was under John Major?
You'd have to ask Edwina Currie.
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Old 17-05-2017, 11:03   #517
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Re: June 8th General Election

Quote:
Originally Posted by heero_yuy View Post
Now you know full well that that is not a valid comparison: The sky high interest rate under Major was due to the almost suicidal attempt to stay in the snake, the predecessor of the Euro, and was only temporary. Unlike the economic failure under Calaghan that had us going begging, cap in hand, to the IMF for a bailout worth £8bn in todays money to prevent the country going bankrupt as no one else would loan us anything as "The sick man of Europe" couldn't pay it's debts.



I'll get my tin foil hat out.
Labour's capacity to mismanage the economy is legendary and it's always been others who've had to pick up the pieces and do the dirty work to get things back on track. It wasn't the Tories who let the banking sector run riot, it was a certain G. Brown.

Even now we're having to pay £billions in interest every year on the massive debts accrued on their watch and if Brown had won in 2010, they'd have faced the very same problem rather than the coalition, then and the Tories now.

Last edited by Osem; 17-05-2017 at 11:18.
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Old 17-05-2017, 11:22   #518
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Re: June 8th General Election

Quote:
Originally Posted by Osem View Post
Labour's capacity to mismanage the economy is legendary and it's always been others who've had to pick up the pieces and do the dirty work to get things back on track.

Even now we're having to pay £billions in interest every year on the massive debts accrued on their watch and if Brown had won in 2010, they'd have faced the very same problem rather than the coalition.

And yet public sector debt is much bigger now than under labour and still rising, even after 7 years of austerity. Maybe the medicine isn't working.

[img][/img]
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Old 17-05-2017, 11:57   #519
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Re: June 8th General Election

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Originally Posted by Mr K View Post
And yet public sector debt is much bigger now than under labour and still rising, even after 7 years of austerity. Maybe the medicine isn't working.

[img][/img]
An interesting chart.
The trouble is that the UK doesn't want to pay the taxes necessary to pay down the debt and cover the spending levels we need given increased demands on the NHS and other areas. We'd rather discuss inefficiencies in Government spending whilst letting future generations pick up the tab.
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Old 17-05-2017, 12:24   #520
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Re: June 8th General Election

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Originally Posted by Mr K View Post
And yet public sector debt is much bigger now than under labour and still rising, even after 7 years of austerity. Maybe the medicine isn't working.
Another Labour cheerleader who doesn't appear to understand the difference, and the relationship between, deficit and debt.
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Old 17-05-2017, 12:26   #521
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Re: June 8th General Election

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Originally Posted by Chris View Post
Another Labour cheerleader who doesn't appear to understand the difference, and the relationship between, deficit and debt.
a student of the Diane Abbott school of economics
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Old 17-05-2017, 12:45   #522
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Re: June 8th General Election

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Another Labour cheerleader who doesn't appear to understand the difference, and the relationship between, deficit and debt.
Mr K, take heed, this is Education education education.
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Old 17-05-2017, 12:46   #523
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Re: June 8th General Election

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Originally Posted by Chris View Post
Another Labour cheerleader who doesn't appear to understand the difference, and the relationship between, deficit and debt.
I understand this Govt. has totally failed to generate any significant growth, although they are very good at cutting, I'll give them that.

p.s. I've never voted Labour.
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Old 17-05-2017, 13:16   #524
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Re: June 8th General Election

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You'd have to ask Edwina Currie.
At least Major had slightly better taste than Corbyn!
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Old 17-05-2017, 13:21   #525
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Re: June 8th General Election

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a student of the Diane Abbott school of economics
A senior lecturer more like.
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