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| International Star | 203 | No
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| Sep 2013 | 11 years | |
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| Sep 2013 | Sep 2013 | LINK |
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| Quote Him="Him"Why shouldn't we blame banks and financial institutions for a banking and financial crisis?
Will you please answer the question, do you think the Labour governments policies caused Lehmann Brothers to fail?
Quote HimWho was it that created the framework the banks worked in? Who was it who took interest rate control away from the B of E so they remained artificially low & didn't rise to take the heat out of the economy?'"
 no it doesn't.
it really doesn't.
the yield rates ARE the cost of borrowing. All debt to GDP ratios and credit ratings are are indicators for those willing to lend.
Quote HimOne leads to the other to the other'"
I didnt avoid it at all. In fact I specifically mentioned that rates had risen. Talking about not suiting your argument, when was the last time before 2012 that rates were at or lower than 3%?
Quote HimWe're not in 2012, we're in the back end of 2013'"
Ok. From Q2 2010 to Q2 2013 public sector employment fell by roughly 650,000.
The percentage of people in employment who work in the public sector is at the lowest since records began.
Quote HimAbsolute tosh'"
In the regard that the economy grew significantly, retail sales went through the roof. As did industrial production, business confidence, exports, balance of trade, and wages. Whilst unemployment has fallen by around a third.
Quote HimNo it didn't. The VAT cut did nothing other than cost money'"
The demand gap in, partly, consumer spending. Post crash consumer spending fell by around $200bn. It is now $700bn higher. It also helps bridge the gap for businesses. Post crash capacity utilisation fell by 15%.
Quote HimMore utter garbage'"
Why? Because it doesn't back up your argument?
It's similarity to the UK is that it's a first world, developed, democratic, capitalist country with an economy that suffered from the financial crash and is largely dependent on consumer spending that took a radically different approach to the crisis.
Quote HimNone of those points are actually relevant. You really don't know what you're talking about'"
If the net effect was zero how did it cost £12bn in receipts?
Quote HimYou said it created growth. It didn't. The net effect on growth was zero.'"
A tax on consumption in a consumer economy? A VAT rise during a recession is economic madness.
Quote HimWhy is it madness? What effect has it had on consumer spending?'"
It's not brilliant. It's basic economics in a recession. Ask FDR.
It's also exactly what the US did
Quote HimThere you go again with the USA obsession & comparing an entirely different economic structure'"
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| International Chairman | 37704 | No
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| May 2002 | 23 years | |
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| Aug 2018 | Aug 2018 | LINK |
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| Quote BiffasBoys="BiffasBoys"Back on topic, the spare room subsidy is such a sound policy, even Ed M can't say he'll scrap it.
'"
He just has done | | | |
| Rank | Posts | Team |
| International Chairman | 14522 | No
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| Feb 2002 | 23 years | |
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| Jan 2014 | Jan 2014 | LINK |
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| Quote JerryChicken="JerryChicken"So do you answer questions or not ?'"
Well, it's ten past four ... school has kicked out, so I guess it depends if it's after-school football.
If it is, then he'll be having his tea and then it'll be homework ... you might not get an answer today. | | |
| Rank | Posts | Team |
| International Chairman | 47951 | No
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| May 2002 | 23 years | |
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| Aug 2017 | Jul 2017 | LINK |
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| Quote El Barbudo="El Barbudo"Well, it's ten past four ... school has kicked out, so I guess it depends if it's after-school football.
If it is, then he'll be having his tea and then it'll be homework ... you might not get an answer today.'"
To be fair, you won't stand a chance of an answer until he finds another new identity. | | |
| Rank | Posts | Team |
| International Chairman | 14522 | No
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| Feb 2002 | 23 years | |
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| Quote BiffasBoys="BiffasBoys"None of his rank alongside 'No more boom & bust'
 '"
How about "I'll cut the deficit not the NHS"? | | | |
| Rank | Posts | Team |
| International Chairman | 26578 | No
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| Mar 2002 | 23 years | |
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| Quote Mintball="Mintball"To be fair, you won't stand a chance of an answer until he finds another new identity.'"
Even then the chances are slim. | | | |
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no it doesn't. 
'"
