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Post by Huddysleftfoot on Nov 25, 2015 11:07:20 GMT
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Post by wizzardofdribble on Nov 25, 2015 11:25:40 GMT
so a thread that started off really sanely about economics ends up with obsessives ranting on about migration, well well well.... Plus ca change...
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Post by wizzardofdribble on Nov 25, 2015 11:35:04 GMT
It's all about marketing Huddy.Get the message across via the Tabloids that you're being 'tough' on debt (ie tough on those with the least because it's the same thing) and the facts don't matter. Who was the 'toughest' on debt? Mrs Thatcher. And yet the PSBR in real terms as a proportion of GDP increased from 1983 onwards under her Government. Osborne is NOT reducing debt just inflicting deeper cuts on the services that the most vulnerable in society need.
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Post by salopstick on Nov 25, 2015 14:18:30 GMT
Have you got the same graph including financial interventions?
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Post by followyoudown on Nov 25, 2015 14:48:58 GMT
Attachment DeletedWithout being rude, I'd suggest you might want to invest in this book You might then understand the difference between the deficit and the debt, Labour left a budget deficit of £154 billion in 2009/10, judging by the amount you have complained about the Tories trying to cut this to under £100 billion a year, I doubt you'd have taken it well if he had tried to reduce debt.
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Post by followyoudown on Nov 25, 2015 14:50:38 GMT
It's all about marketing Huddy.Get the message across via the Tabloids that you're being 'tough' on debt (ie tough on those with the least because it's the same thing) and the facts don't matter. Who was the 'toughest' on debt? Mrs Thatcher. And yet the PSBR in real terms as a proportion of GDP increased from 1983 onwards under her Government. Osborne is NOT reducing debt just inflicting deeper cuts on the services that the most vulnerable in society need. Huddy is getting a book, he might lend it to you if you ask nicely Osborne has only ever promised to cut the deficit, can't cut the debt until you eliminate the deficit.
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Post by salopstick on Nov 25, 2015 15:08:26 GMT
It's all about marketing Huddy.Get the message across via the Tabloids that you're being 'tough' on debt (ie tough on those with the least because it's the same thing) and the facts don't matter. Who was the 'toughest' on debt? Mrs Thatcher. And yet the PSBR in real terms as a proportion of GDP increased from 1983 onwards under her Government. Osborne is NOT reducing debt just inflicting deeper cuts on the services that the most vulnerable in society need. Huddy is getting a book, he might lend it to you if you ask nicely Osborne has only ever promised to cut the deficit, can't cut the debt until you eliminate the deficit. Unless there is any pictures in it he may struggle
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Post by Huddysleftfoot on Nov 25, 2015 15:47:40 GMT
View AttachmentWithout being rude, I'd suggest you might want to invest in this book You might then understand the difference between the deficit and the debt, Labour left a budget deficit of £154 billion in 2009/10, judging by the amount you have complained about the Tories trying to cut this to under £100 billion a year, I doubt you'd have taken it well if he had tried to reduce debt. So you're denying he's failed to bring down either?
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Post by Huddysleftfoot on Nov 25, 2015 15:50:40 GMT
Humiliating U-turn on tax credits Nice work Gidiot.....
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Post by salopstick on Nov 25, 2015 15:52:31 GMT
Humiliating U-turn on tax credits Nice work Gidiot..... The correct thing to do on tax credits. Well done for having a rethink and making the necessary changes
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Post by Huddysleftfoot on Nov 25, 2015 15:52:08 GMT
It's all about marketing Huddy.Get the message across via the Tabloids that you're being 'tough' on debt (ie tough on those with the least because it's the same thing) and the facts don't matter. Who was the 'toughest' on debt? Mrs Thatcher. And yet the PSBR in real terms as a proportion of GDP increased from 1983 onwards under her Government. Osborne is NOT reducing debt just inflicting deeper cuts on the services that the most vulnerable in society need. Huddy is getting a book, he might lend it to you if you ask nicely Osborne has only ever promised to cut the deficit, can't cut the debt until you eliminate the deficit. So it's ok for Camoron to say "we're paying down the debt"? What a bulshiiter...
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Post by Huddysleftfoot on Nov 25, 2015 15:54:06 GMT
Total humiliation on Tax Credits and everyone knows it. Victory for Corbyn and McDonnell..
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Post by Huddysleftfoot on Nov 25, 2015 15:55:39 GMT
View AttachmentWithout being rude, I'd suggest you might want to invest in this book You might then understand the difference between the deficit and the debt, Labour left a budget deficit of £154 billion in 2009/10, judging by the amount you have complained about the Tories trying to cut this to under £100 billion a year, I doubt you'd have taken it well if he had tried to reduce debt. Feel free to pass it on to Osborne who's only qualification is a shit degree and a spell towel folding in an upmarket Lewis's.
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Post by harryburrows on Nov 25, 2015 15:56:02 GMT
Total humiliation on Tax Credits and everyone knows it. Victory for Corbyn and McDonnell.. And how will this victory manifest itself huddy ?
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Post by salopstick on Nov 25, 2015 15:56:44 GMT
It's more a victory for IDS
but if it gives you wanking material then fill your boots
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Post by Huddysleftfoot on Nov 25, 2015 16:02:50 GMT
Again..total humiliation for Gidiot. No other way to describe it. IDS had fcuk all to do with it. Some people really need to educate themselves.
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Post by Huddysleftfoot on Nov 25, 2015 16:04:14 GMT
Total humiliation on Tax Credits and everyone knows it. Victory for Corbyn and McDonnell.. And how will this victory manifest itself huddy ? Sadly Osborne will make the savings elsewhere in the welfare budget, which means the opposition have to stay alert.
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Post by Deleted on Nov 25, 2015 16:14:43 GMT
Total humiliation on Tax Credits and everyone knows it. Victory for Corbyn and McDonnell.. A victory for common sense actually. Only idiots make a decision/policy and persist with it even when they're shown to be wrong. You'd rather the Tories had carried the tax credit policy through so you could have a good winge about them. However I'm sure they will cut tax credits in the future,but in line with increases in the minimum wage which is a more sensible approach
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Post by Deleted on Nov 25, 2015 16:17:02 GMT
Thanks for showing everyone that Osborne inherited a complete fucking mess. If you believe that Corbyn and McDonnell won the day you're even more of a fucking loon that I first thought. Fucking unbelievable.
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Post by Huddysleftfoot on Nov 25, 2015 16:18:10 GMT
Thanks for showing everyone that Osborne inherited a complete fucking mess. If you believe that Corbyn and McDonnell won the day you're even more of a fucking loon that I first thought. Fucking unbelievable. We all know what caused the mess though don't we? Well most sane people do.
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Post by Deleted on Nov 25, 2015 16:18:24 GMT
From the king of copy and paste himself.
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Post by Huddysleftfoot on Nov 25, 2015 16:19:31 GMT
We’ve had two U-turns from the government today - on tax credits, and police funding.
And now there’s a third. It is not strictly autumn statement-related, but if you’ve got something embarrassing to announce, why now sneak it out when the nation’s journalists are already working flat out on a budget-scale event. “Burying bad news” it used to be called.
Jeremy Hunt, the health secretary, has been resisting calls to go to Acas, the conciliation service, for talks to avert the junior doctors’ strike. The BMA and Labour have been pushing for this, but Hunt said he want the BMA to talk to him first.
Now, though, the Department of Health has agreed to go to ACAS. Bit of a shit day for the Tories to be honest.
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Post by harryburrows on Nov 25, 2015 16:19:50 GMT
And how will this victory manifest itself huddy ? Sadly Osborne will make the savings elsewhere in the welfare budget, which means the opposition have to stay alert. Someone has to bite the bullet as far a s the deficit is concerned , labour would never do it should they get the chance again . It will be painful but if we do nothing are kids will need to pay it off for us .
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Post by Deleted on Nov 25, 2015 16:20:13 GMT
Go on. You tell us. We're all ears.
Rather than find something you can copy and paste try and emptying your own brain for once.
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Post by Deleted on Nov 25, 2015 16:22:45 GMT
Good.
If it's been a bad day for the Tories I assume that you'd have preferred tax credits and police funding to have been cut?
No? It's been a bad day for Labour then.
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Post by salopstick on Nov 25, 2015 16:23:30 GMT
We’ve had two U-turns from the government today - on tax credits, and police funding. And now there’s a third. It is not strictly autumn statement-related, but if you’ve got something embarrassing to announce, why now sneak it out when the nation’s journalists are already working flat out on a budget-scale event. “Burying bad news” it used to be called. Jeremy Hunt, the health secretary, has been resisting calls to go to Acas, the conciliation service, for talks to avert the junior doctors’ strike. The BMA and Labour have been pushing for this, but Hunt said he want the BMA to talk to him first. Now, though, the Department of Health has agreed to go to ACAS. Bit of a shit day for the Tories to be honest. a shit day for the Tories is still better than any other day
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Post by Huddysleftfoot on Nov 25, 2015 16:24:00 GMT
Good. If it's been a bad day for the Tories I assume that you'd have preferred tax credits and police funding to have been cut? No? It's been a bad day for Labour then. Possibly your most ludicrous statement yet.
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Post by Huddysleftfoot on Nov 25, 2015 16:24:42 GMT
Chancellor 'could be blown off course' by a weak economy Posted at 15:55 Business lobbying group the Institute of Directors (IoD) has said Chancellor George Osborne was "dealt a remarkably strong hand" by predictions of stronger economic growth and higher tax receipts, but warned that plans could be "blown off course if the economy does not continue as strongly as expected".
IoD director general Simon Walker says:
There will be plenty of complaints about individual cuts, but it’s important to remember that total debt will still be colossal, over £1.715 trillion (70% of GDP), by the end of the spending review period. The Chancellor will know that if the economy chills and tax receipts disappoint, his plans will suddenly become much harder to achieve. With over a dozen tax consultations launched since the election, there is a real worry for businesses that next year’s Budget will see further tax increases." He added that the apprenticeship levy will be "a new payroll tax" and "a big new cost for many companies".
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Post by Huddysleftfoot on Nov 25, 2015 16:25:33 GMT
Go on. You tell us. We're all ears. Rather than find something you can copy and paste try and emptying your own brain for once. Yawn....must try to WUM harder.
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Post by Deleted on Nov 25, 2015 16:27:16 GMT
Good. If it's been a bad day for the Tories I assume that you'd have preferred tax credits and police funding to have been cut? No? It's been a bad day for Labour then. Possibly your most ludicrous statement yet. Remember when Corbyn, making a complete dick of himself, asked Cameron six times about cutting tax credits only to be told six times to wait for the Autumn Statement? Well, today was the day of the Autumn Statement and the government decided not to cut tax credits. What's the issue with changing your mind? It's a shame New Labour didn't change their spending plans during the 00s.
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