FORUMS > The Sin Bin > No More Arguments: Austerity is Working! |
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67953_1341943970.jpg Someday everything is gonna be different, when I paint my masterpiece
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[url=http://garykitchen.co.uk/:lnkxkae0]Online art gallery, selling original landscape artwork[/url:lnkxkae0]
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[url=http://jerrychicken.wordpress.com/:lnkxkae0]JerryChicken - The Blog[/url:lnkxkae0]
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| IDS peddling his lies, misinformation and denial again this morning on ITV's Daybreak - apparently it was (quote) "The last government who crashed the economy..."
Well Ian I seem to recall, and its only five years ago so my memory is pretty reliable, that in 2008 virtually the whole of the worlds economies crashed especially the worlds largest economy which actually brought most of the rest down - I ain't no card carrying member of the Labour party but to blame them for what happened to the banking system in 2008, live on morning TV, is tantamount to treating me as a forgetful idiot, you may think that if you say it often enough it will be true but frankly every time you open your mouth now people are watching for the lies.
As a Minister he is a liability to the Conservatives, as a firewall to David Cameron he is invaluable.
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2051.jpg The older I get, the better I was
Advice is what we seek when we already know the answer - but wish we didn't
I'd rather have a full bottle in front of me than a full-frontal lobotomy
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kirkstaller wrote: "All DNA shows is that we have a common creator."
cod'ead wrote: "I have just snotted weissbier all over my keyboard & screen"
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"No amount of cajolery, and no attempts at ethical or social seduction, can eradicate from my heart a deep burning hatred for the Tory Party. So far as I am concerned they are lower than vermin." - Aneurin Bevan:2051.jpg |
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67953_1341943970.jpg Someday everything is gonna be different, when I paint my masterpiece
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[url=http://garykitchen.co.uk/:lnkxkae0]Online art gallery, selling original landscape artwork[/url:lnkxkae0]
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[url=http://jerrychicken.wordpress.com/:lnkxkae0]JerryChicken - The Blog[/url:lnkxkae0]
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| Quote: cod'ead "'"
IDS's answer to the question of increasing use of foodbanks on Daybreak this morning was that they were run by well meaning good people but that the new welfare reforms would handle everything.
So you only have to keep starving until 2017 and it will all be ok then.
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1977_1349889235.jpg "You are working for Satan." [i:2886spie]Kirkstaller[/i:2886spie]
"Dare to know!" [i:2886spie]Immanuel Kant[/i:2886spie]
"Do not take life too seriously. You will never get out of it alive" [i:2886spie]Elbert Hubbard[/i:2886spie]
"We are all in the gutter, but some of us are looking at the stars." [i:2886spie]Oscar Wilde[/i:2886spie]
[url=http://thevoluptuousmanifesto.blogspot.co.uk:2886spie][color=#4000FF:2886spie]The Voluptuous Manifesto[/color:2886spie][/url:2886spie] – thoughts on all sorts of stuff.:d7dc4b20b2c2dd7b76ac6eac29d5604e_1977.jpg |
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| Quote: Ajw71 "Why do you keep repeating something that isn't true? Just bizarre.'"
So, after the 2008 crash, the UK economy returned to growth in the third quarter of 2009 and continued in growth until the fourth quarter of 2010, when it dipped to -0.5. Of the following six quarters, only two showed growth and were not successive.
Ergo: "The economy was in growth in 2010. The policies of the incoming government put paid to that and sent the country back into recession."
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26.jpg Last league derby at Central Park 5/9/1999: Wigan 28 St. Helens 20
Last league derby at Knowsley Road 2/4/2010: St. Helens 10 Wigan 18:26.jpg |
Moderator
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| Quote: Ajw71 "I already have. 1.9% growth since your statement...it's really not hard. Writing lines and lines doesn't make you somehow not wrong anymore.'"
It never has been wrong. It's only you with your obvious inability to comprehend English grammar that thinks it is. The more you say it is the more stupid you look.
You also I see ignore the questions about the nature of the growth we see. Par for the course with you.
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22483_1351031655.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_22483.jpg |
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| So over the last two days we have had inflation falling further and unemployment falling further....
From the BBCshowing spectacular strength".
David Kern, chief economist at the British Chambers of Commerce, said: "These are very strong labour market figures, which back our recent forecast of increased growth in the fourth quarter of this year."
Like Osborne said: "comprehensively wrong"....
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1977_1349889235.jpg "You are working for Satan." [i:2886spie]Kirkstaller[/i:2886spie]
"Dare to know!" [i:2886spie]Immanuel Kant[/i:2886spie]
"Do not take life too seriously. You will never get out of it alive" [i:2886spie]Elbert Hubbard[/i:2886spie]
"We are all in the gutter, but some of us are looking at the stars." [i:2886spie]Oscar Wilde[/i:2886spie]
[url=http://thevoluptuousmanifesto.blogspot.co.uk:2886spie][color=#4000FF:2886spie]The Voluptuous Manifesto[/color:2886spie][/url:2886spie] – thoughts on all sorts of stuff.:d7dc4b20b2c2dd7b76ac6eac29d5604e_1977.jpg |
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Rank | Posts | Team |
Player Coach | 1978 | No Team Selected |
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Feb 2006 | 19 years | |
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22483_1351031655.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_22483.jpg |
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| Quote: DaveO "It never has been wrong. It's only you with your obvious inability to comprehend English grammar that thinks it is. The more you say it is the more stupid you look.
You also I see ignore the questions about the nature of the growth we see. Par for the course with you.'"
Of course it's wrong. You are wrong now and will be even more wrong with every quarterly GDP figure.
Now I have given you an opportunity to admit you are wrong but you have continued with this bizarre line of reply in an attempt to save face.
You will therefore be reminded how wrong you are with every GDP figure released - I cannot wait.
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22483_1351031655.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_22483.jpg |
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| Quote: Mintball "I suppose this avoided actually responding to all the points raised and questions asked.
Good news about falling unemployment isn't it Mintball? You talk about jobs regularly on here.
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7384_1394882426.png [url=http://www.bbc.co.uk/sport/0/rugby-league/14252202:io879g1y]2005 Challenge Cup[/url:io879g1y]
To reconcile respect with practicality, what is the optimum speed for a hearse?:d7dc4b20b2c2dd7b76ac6eac29d5604e_7384.png |
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| Quote: Ajw71 "David Kern, chief economist at the British Chambers of Commerce, said
Or "Phew, we guessed right! (Put the other press release through the shredder Dave)"
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26.jpg Last league derby at Central Park 5/9/1999: Wigan 28 St. Helens 20
Last league derby at Knowsley Road 2/4/2010: St. Helens 10 Wigan 18:26.jpg |
Moderator
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| Quote: Mintball "I suppose this avoided actually responding to all the points raised and questions asked.
Reasoning and thinking as opposed to posting bald statistics is just too hard for some.
Here is a thought and a bit of reasoning. If the unemployment figures fall below 7%, the B of E has said interest rates will rise. This will of course put peoples mortgages up and increase the cost of borrowing to businesses.
So added to the cost of living crisis we see as the cost of energy goes up, we will have increased mortgages to pay which would be great timing (not) for an election if we saw a steady increase in interest rates between now and 2015 as peoples pockets are further squeezed.
This is the last thing Osborne wants. So instead of having a figure for unemployment based on those not in a full time job (as it used to be years ago), we have a figure that takes you out of the unemployment statistics as soon as you become ineligible for JSA, then this particularly broad view as to what constitutes employment could stick a huge spanner in Osborne's economic policy which is relying on interest rates being low for years if not decades.
Lets see how independent the B of E is over interest rates if as looks likely the figure will drop below 7% and if they do put them up how Osborne spins even more strain being out on family budgets as being a good thing.
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22483_1351031655.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_22483.jpg |
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| Quote: DaveO "Reasoning and thinking as opposed to posting bald statistics is just too hard for some.
Here is a thought and a bit of reasoning. If the unemployment figures fall below 7%, the B of E has said interest rates will rise. This will of course put peoples mortgages up and increase the cost of borrowing to businesses.
So added to the cost of living crisis we see as the cost of energy goes up, we will have increased mortgages to pay which would be great timing (not) for an election if we saw a steady increase in interest rates between now and 2015 as peoples pockets are further squeezed.
This is the last thing Osborne wants. So instead of having a figure for unemployment based on those not in a full time job (as it used to be years ago), we have a figure that takes you out of the unemployment statistics as soon as you become ineligible for JSA, then this particularly broad view as to what constitutes employment could stick a huge spanner in Osborne's economic policy which is relying on interest rates being low for years if not decades.
Lets see how independent the B of E is over interest rates if as looks likely the figure will drop below 7% and if they do put them up how Osborne spins even more strain being out on family budgets as being a good thing.'"
So unemployment falling is actually a bad thing? Seriously?
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2244_1299706258.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_2244.jpg |
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| Quote: Ajw71 "Of course it's wrong. You are wrong now and will be even more wrong with every quarterly GDP figure.
Now I have given you an opportunity to admit you are wrong but you have continued with this bizarre line of reply in an attempt to save face.
You will therefore be reminded how wrong you are with every GDP figure released - I cannot wait.
Why is he wrong? How much has the economy grown by since his post?
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Rank | Posts | Team |
International Board Member | 47951 | No Team Selected |
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May 2002 | 22 years | |
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Aug 2017 | Jul 2017 | LINK |
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1977_1349889235.jpg "You are working for Satan." [i:2886spie]Kirkstaller[/i:2886spie]
"Dare to know!" [i:2886spie]Immanuel Kant[/i:2886spie]
"Do not take life too seriously. You will never get out of it alive" [i:2886spie]Elbert Hubbard[/i:2886spie]
"We are all in the gutter, but some of us are looking at the stars." [i:2886spie]Oscar Wilde[/i:2886spie]
[url=http://thevoluptuousmanifesto.blogspot.co.uk:2886spie][color=#4000FF:2886spie]The Voluptuous Manifesto[/color:2886spie][/url:2886spie] – thoughts on all sorts of stuff.:d7dc4b20b2c2dd7b76ac6eac29d5604e_1977.jpg |
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| Quote: Ajw71 "Good news about falling unemployment isn't it Mintball? You talk about jobs regularly on here.'"
No response to being proved totally ignorant over growth from 2010?
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2244_1299706258.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_2244.jpg |
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| Quote: Mintball "No response to being proved totally ignorant over growth from 2010?'"
And growth in 2013. But shhh, he still thinks he knows what he's on about!
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