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Frightening!
- posted
9 years ago
OT. The national debt
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- posted
9 years ago
That people believe such blatant spin? Isn't it just?
Without even getting beyond the very first section, can you explain how absolute figures, uncorrected for inflation - even when they're 35yrs old, are somehow more important than a %age of GDP? Because, to me, it would seem the latter is the more relevant figure.
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- posted
9 years ago
I find it quite comforting to know that the figures are as good as that.
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- posted
9 years ago
Not really, cos at the moment its a good time to borrow on fixed terms for the country. Labour has it right, now is the time to invest in the british worker and by using such a low interest loan, if we get up on our feet again we can easily pay it off from taxes. I think Conservatives got it half right for the start of the problems, but now they need to change tack I think, but they are stuck in a rut. Brian
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- posted
9 years ago
That assumes pragmatism trumps ideology :(
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- posted
9 years ago
But GDP can also be misleading being often quoted as measuring "income" or "wealth". I must admit I find it difficult to grasp why we should spend more on foreign aid or subsidising the Germans or the French because we spend a bit more on prostitution or illegal drugs.
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- posted
9 years ago
Do you have no friends to discuss these issues with?
Do you presume that participants on this group are interested in your ramblings?
This group is not a soap box for your views and self absorbed concerns.
You are a sad little man AICMFP.
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- posted
9 years ago
That's because politicians are much like the rest of us - no-one reads the small print in the 100 page T&C.
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- posted
9 years ago
Impossible. In my entire lifetime Labour has never had it right.
The tragedy is that I can only think of one possible time the tories had it right, either.
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- posted
9 years ago
So no point in income tax. Or the self employed trying to get a mortgage.
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- posted
9 years ago
The French have not yet updated their GDP figures to include prostitution. I don't know if they include illegal drugs yet either.
The GDP contribution we gave for prostitution is not credible, as covered by BBC Radio 4 - "More or Less" some weeks back - it had to be a significant over-estimate.
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- posted
9 years ago
They are buying voters, mostly the ones on benefits. The latest trick is to import them (immigrants). They don't give a toss about this country as long as they can get/stay in power.
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- posted
9 years ago
That would appear to be a cross party attitude and certainly applies to the current band of free loaders!
My local MP (Tory) appears to be interested in everything under the sun if judged by all the photo ops in the local paper. Come a vote he's right there where the whips tell to be!
Charlie.