Re: UK jobless rate now heading to a 40-year low
 

They also have the Euro making their exports way cheaper than they should be, and fiscal transfers lending other EU countries money to buy their exports.

It seems absurdly simplistic to suggest that zero hours contracts made Germany a booming economy. Internal devaluation and the Euro seem rather to blame as well.

We can't follow this formula.

The Tories rejected attempting to rebalance the economy for fear of losing votes so our current account deficit is massive.

Despite claiming that they would aim for price stability the Tories are throwing public money at house prices for political reasons while Germany kept them relatively stable.

Our currency floats so we won't internally devalue, and external devaluation failed to make much of a dent in our current account deficit as everyone else was doing it at the same time.

Our issue is one of productivity. Zero hours contracts will make that worse, not address it. The kind of employees who produce won't tolerate zero hours. The French produce as much in 4 working days as we do in 5. We have given up hopes of an efficient, productive workforce in favour of pretty looking employment numbers. The income tax take reflects this with a very high employment rate and abysmal income tax take.

We need smarter, more efficient work, not more of it. We need more investment in R&D, more investment in science by the government, less borrowing by corporations to fund share buybacks and individuals to fund unproductive investment in property.

Of course the necessary actions to do this wouldn't make for good politics, so good luck seeing that any time soon.

Re: UK jobless rate now heading to a 40-year low
 

Actually it was ted heath, he never apologised either

http://www.theeuroprobe.org/edward-h...h-office-1972/

Funny I never got an apology either for saying the same thing and reminding them for saying it over and over again

http://www.cableforum.co.uk/board/34136193-post78.html

http://www.cableforum.co.uk/board/35462727-post133.html

http://www.cableforum.co.uk/board/35609273-post32.html

http://www.cableforum.co.uk/board/35692151-post238.html

Re: UK jobless rate now heading to a 40-year low
 

TheDaddy I love that old link of yours:

http://www.cableforum.co.uk/board/34136193-post78.html

I was accused of the same by the Left wing Labour supporters

Re: UK jobless rate now heading to a 40-year low
 

Yes it makes *unemployment* figures look great, but it's just an illusion.

Re: UK jobless rate now heading to a 40-year low
 

I couldn't care less about the last 115 years - I'm worried about the damage they did last time out which is going to cost us dear for the next 115 years, socially and economically. I'll believe the referendum if it happens but at least he hasn't ruled it out like Labour.

You 'know' what I think eh? No you don't, you just think you do. Just to educate you one more time, I don't think everything is Labour's fault and have said that before but that fact won't stop me reminding people of the things which were most definitely their fault as recently as 1997-2010 when they had an enviable parliamentary majority and were spending money faster than they could print it. Just to be clear, these would be the things mentioned in my signature, amongst many others there wasn't space for. Perhaps you think they're someone else's fault and that Bliar and Brown had nothing to do with selling our gold reserves, Iraq, pension raids, 10p tax rate, PFI excess, social engineering., etc. etc. etc. Perhaps you think operating in coalition with people diametrically opposed to each other is somehow easier than having a cast iron majority. I don't. Labour inherited a good economy and had it all but cocked things up right royally through a combination of lies, duplicity and good old fashioned ineptitude. For that I will judge them very harshly.

I'm really sorry if you've forgotten all those 'little mistakes' but I haven't and it'll be a hell of a long time before they get my vote again, if ever.

---------- Post added at 18:06 ---------- Previous post was at 18:03 ----------

:tu:

I see you too think everything which has gone wrong over the last 115 years is Labour's fault. :rofl:

Don't wait for those apologies mate - insults are what people who have no arguments rely upon. Labour couldn't even be honest about that - they called it a 'mistake' until the real policy (social engineering) was exposed. You get what you see with a 'Typical Tory Toff' - with Labour what you get is a rank hypocrite secretly aspiring to be exactly the same...