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Re: Government & Post Election Discussion
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Re: Government & Post Election Discussion
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Blaming Labour for the lack of regulatory oversight of the banking system is bizarre. They didn't engage in mass deregulation, that would've been the previous Conservative administrations. They erred with the creation of the FSA, they did not hold a regulatory bonfire. I would remind that the Conservative government was offering to match Labour's spending while in opposition. It's bizarre that, over 7 years since Labour left office, the UK's debt to GDP ratio is still rising and Labour are still being blamed. Our GDP per capita is 20%, TWENTY PERCENT, lower than at peak in 2007. Since 2010 it's gone up by less than 1/3rd of a percent according to the most easily available stats. I was certainly on Labour's case over their apparent profligacy... then I stopped listening to people like Dan Hannan and thought for myself instead. This is more for the rest of the audience, of course, the quoted poster apparently having everyone who doesn't agree with them on ignore. Always a strong way to expose lying hypocrites, avoiding dissenting points of view. Suggests more an inability to back up opinions and a mind closed by intense confirmation bias. |
Re: Government & Post Election Discussion
I see Corbyn's cronies are making contingency plans for a possible run on the pound if Labour were to be elected. Why would that be? They keep telling us their plans are costed, affordable, sound, right for Britain etc. etc. so why would they be so scared of any such eventuality? They tell us they're responsible and it's the current incumbents who're ruining the economy so why wouldn't the outcome of a Labour victory be for the markets to say hallelujah, pour their money into Sterling and invest in UK PLC?
If they're really worried about the markets then maybe they ought to examine their policies rather than planning for the event. They can legislate as much as they like but if the markets don't like what they see of Labour's strategy then a short term run on Sterling is the least of their and our worries I'd have thought. |
Re: Government & Post Election Discussion
I think it’s probably in case confidence is lost even if Labour believe that would be a mistake. I don’t see anything wrong with wargaming a multitude of scenarios upon taking office. Avoids a key mistake of being caught unprepared.
---------- Post added at 17:57 ---------- Previous post was at 17:55 ---------- Just to add that it would have been a good idea for the government to have down the same post-Brexit. It was only the fact the Bank of England was prepared that halted the panic in the markets the day after the vote. |
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Re: Government & Post Election Discussion
That said I suspect the leadership of the party don’t care if there is a run on the pound....
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Re: Government & Post Election Discussion
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I cannot stand Corbyn but if this happens, and there is a strong likelihood that it will, I await the font size change of the aforementioned quoted poster's forum signature :) Seriously, if/when Labour gets into power due to Brexit, the irony of what Dave's domino effect started will be plain for all to see .. |
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A Corbyn / McDonnell majority would probably be a nightmare. Quote:
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Re: Government & Post Election Discussion
Well it seems Tom Watson's as confused about Corbyn as Corbyn is about Brexit. Not exactly a surprise I suppose given the 'bullyperson' tactics and intimidation being widely employed against dissenters by Labour's thugs.
https://order-order.com/2017/09/27/w...-capitulation/ ---------- Post added at 13:01 ---------- Previous post was at 12:47 ---------- Quote:
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I'm pretty sure someone in the Labour camp has read up on how the Conservative government handled things in the run up to Black Wednesday and made a few notes on how NOT to run economic policy. Cheers Dave |
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Meantime back in Labour's loony wonderland: http://www.bbc.co.uk/news/uk-politics-41411889 Where on Earth do they dredge these idiots up from? |
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Well thank goodness we've got a competent bunch running things now hey? Cheers Dave |
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Corbyn's cronies whine on ad nauseam about HMG's handling of Brexit but clearly haven't got a clue what they'd do. They can't even agree their own policy and didn't really want to discuss it FGS. If the Tory conference were anything like what we've seen this week during Labour's there'd be an uproar about what nasty, racist, intolerant people they all are. The real irony is there's been a whole lot more of that this week in Brighton than you'll ever see at any Tory conference and so it has always been. Hypocrisy has always been a Labour trait and this lot are experts. |
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Oh wait... |
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So I don't think it's fair to compare a smaller, more controlled, conference to a larger free-for-all conference. |
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