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Source: (consider it)
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Thread: The last thing you need in a crisis is a right wing government
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Anglican't
Shipmate
# 15292
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Posted
quote:
Originally posted by Boogie:
The money can come from projects which are pure waste - trident, banker's bonuses, huge unnecessary profits for utilities etc etc. the list is endless.
Putting aside the question whether these things really are 'pure waste', some of the money in this list isn't even the government's to spend.
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[ 15. February 2014, 11:21: Message edited by: Eutychus ]
Posts: 3613 | From: London, England | Registered: Nov 2009
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deano
princess
# 12063
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Posted
quote:
Originally posted by Anglican't:
quote:
Originally posted by Boogie:
The money can come from projects which are pure waste - trident, banker's bonuses, huge unnecessary profits for utilities etc etc. the list is endless.
Putting aside the question whether these things really are 'pure waste', some of the money in this list isn't even the government's to spend.
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To a great many lefties though, all money is for the government to spend, as though being "a government" somehow makes them know better. Silly but there you go.
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"The moral high ground is slowly being bombed to oblivion. " - Supermatelot
Posts: 2118 | From: Chesterfield | Registered: Nov 2006
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Sioni Sais
Shipmate
# 5713
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Posted
quote:
Originally posted by deano:
quote:
Originally posted by Anglican't:
quote:
Originally posted by Boogie:
The money can come from projects which are pure waste - trident, banker's bonuses, huge unnecessary profits for utilities etc etc. the list is endless.
Putting aside the question whether these things really are 'pure waste', some of the money in this list isn't even the government's to spend.
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To a great many lefties though, all money is for the government to spend, as though being "a government" somehow makes them know better. Silly but there you go.
Bollocks. Many lefties, and not a few elsewhere, want higher government spending as an alternative to Osborne's ideological attachment to Friedmanomics, but precious few anywhere want to leave you with nothing more than pocket money.
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"He isn't Doctor Who, he's The Doctor"
(Paul Sinha, BBC)
Posts: 24276 | From: Newport, Wales | Registered: Apr 2004
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Anglican't
Shipmate
# 15292
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Posted
With Osborne you are getting higher government spending year on year.
Posts: 3613 | From: London, England | Registered: Nov 2009
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Sioni Sais
Shipmate
# 5713
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Posted
quote:
Originally posted by Anglican't:
With Osborne you are getting higher government spending year on year.
And the budget deficit is increasing too, AFAICT. That increased spending isn't funded by tax receipts, it's the consequence of the continued recession. Can't Osborne achieve anything?
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"He isn't Doctor Who, he's The Doctor"
(Paul Sinha, BBC)
Posts: 24276 | From: Newport, Wales | Registered: Apr 2004
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Anglican't
Shipmate
# 15292
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Posted
quote:
Originally posted by Sioni Sais:
quote:
Originally posted by Anglican't:
With Osborne you are getting higher government spending year on year.
And the budget deficit is increasing too, AFAICT. That increased spending isn't funded by tax receipts, it's the consequence of the continued recession. Can't Osborne achieve anything?
The deficit is falling, though debt is rising. If nothing else, he's doing better than Balls would.
Posts: 3613 | From: London, England | Registered: Nov 2009
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Karl: Liberal Backslider
Shipmate
# 76
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Posted
quote:
Originally posted by Anglican't:
quote:
Originally posted by Sioni Sais:
quote:
Originally posted by Anglican't:
With Osborne you are getting higher government spending year on year.
And the budget deficit is increasing too, AFAICT. That increased spending isn't funded by tax receipts, it's the consequence of the continued recession. Can't Osborne achieve anything?
The deficit is falling, though debt is rising. If nothing else, he's doing better than Balls would.
Of course, you have absolutely no means of knowing that.
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Might as well ask the bloody cat.
Posts: 17938 | From: Chesterfield | Registered: May 2001
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chris stiles
Shipmate
# 12641
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Posted
quote:
Originally posted by Anglican't:
The deficit is falling, though debt is rising. If nothing else, he's doing better than Balls would.
There's a reasonable case to be made - except amongst those who confuse household and government spending - that the deficit is falling for entirely the wrong reasons.
Cutting back on maintaining infrastructure - for example - makes very little sense. You have to spend on it eventually, the costs balloon over time, and in the meantime you leave yourself open to outlying events.
Posts: 4035 | From: Berkshire | Registered: May 2007
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Uriel
Shipmate
# 2248
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Posted
I have no comment to offer on right wing governments, but on governments too focussed on London and the South East. It took 6 weeks of Somerset (my County) being under water before a minister turned up to see what all the fuss was about. But once the Thames flooded part of the Home Counties, within 24 hours the Prime Minister is running round like a headless chicken promising that money will be no object to sort it all out.
Posts: 687 | From: Somerset, UK | Registered: Jan 2002
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Curiosity killed ...
Ship's Mug
# 11770
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Posted
It's the numbers - 40 houses in the Levels, around 1000 houses in the Thames Valley, 25 times the scale of damage. Plus the transport network being taken out for huge swathes of the country.
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Mugs - Keep the Ship afloat
Posts: 13794 | From: outiside the outer ring road | Registered: Aug 2006
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Anglican't
Shipmate
# 15292
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Posted
quote:
Originally posted by Karl: Liberal Backslider:
quote:
Originally posted by Anglican't:
The deficit is falling, though debt is rising. If nothing else, he's doing better than Balls would.
Of course, you have absolutely no means of knowing that.
The same could be said for quite a lot of comments made on this site.
Posts: 3613 | From: London, England | Registered: Nov 2009
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alienfromzog
Ship's Alien
# 5327
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Posted
quote:
Originally posted by Anglican't:
quote:
Originally posted by Sioni Sais:
quote:
Originally posted by Anglican't:
With Osborne you are getting higher government spending year on year.
And the budget deficit is increasing too, AFAICT. That increased spending isn't funded by tax receipts, it's the consequence of the continued recession. Can't Osborne achieve anything?
The deficit is falling, though debt is rising. If nothing else, he's doing better than Balls would.
An expert's critique of Mr Osborne
If you look at the predictions made in 2010/11 about the effects of Osborne's economic policies by Mr Osborne himself and by Mr Balls, one of them has been consistently wrong, one has been significantly vindicated. Care to guess which is which?
AFZ
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Everyone is entitled to his own opinion, but not his own facts.
[Sen. D.P.Moynihan]
An Alien's View of Earth - my blog (or vanity exercise...)
Posts: 2150 | From: Zog, obviously! Straight past Alpha Centauri, 2nd planet on the left... | Registered: Dec 2003
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Anglican't
Shipmate
# 15292
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Posted
I think, at best, both have been wrong.
Posts: 3613 | From: London, England | Registered: Nov 2009
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quetzalcoatl
Shipmate
# 16740
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Posted
That's an interesting argument, though, which has several planks:
1. You can't cut your way out of a depression, since the cuts depress the economy.
2. Economies eventually tend to grow again, but it's false logic to claim that it's your policies which did it.
However, one has to issue a warning here - politics has never been about logic, so point 2 is pretty much irrelevant. Of course, politicians are going to claim post hoc ergo propter hoc*, and they'd be damn fools if they didn't.
Of course, if something bad happened, you can always blame the previous government, which is a kind of delayed post hoc.
*a fallacy of the structure, 'if A occurs after B, then it is caused by B'.
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I can't talk to you today; I talked to two people yesterday.
Posts: 9878 | From: UK | Registered: Oct 2011
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Sioni Sais
Shipmate
# 5713
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Posted
quote:
Originally posted by quetzalcoatl:
That's an interesting argument, though, which has several planks:
1. You can't cut your way out of a depression, since the cuts depress the economy.
2. Economies eventually tend to grow again, but it's false logic to claim that it's your policies which did it.
However, one has to issue a warning here - politics has never been about logic, so point 2 is pretty much irrelevant. Of course, politicians are going to claim post hoc ergo propter hoc*, and they'd be damn fools if they didn't.
Of course, if something bad happened, you can always blame the previous government, which is a kind of delayed post hoc.
*a fallacy of the structure, 'if A occurs after B, then it is caused by B'.
Politics isn't really been about economics either. It's mostly about getting elected and once elected, getting re-elected.
Or, as I read years ago "Good economics is bad politics, bad economics is good politics, bad politics is good economics and good politics is bad economics".
And the idea that the national economy is like a household is less sound than comparing the electricity in a Duracell battery to that in HT cables.
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"He isn't Doctor Who, he's The Doctor"
(Paul Sinha, BBC)
Posts: 24276 | From: Newport, Wales | Registered: Apr 2004
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