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etccarmageddon · 12-11-2008, 16:36

frankly voters must be thick as pig poo if they believe G Brown is saving the day.

He isn't even a properly elected leader.

He built up a huge amount of national debt and invented the 'golden rule' that borrowing is for investment only.

but is now saying there is a new rule which says you can borrow in order to stimulate the economy.

I say there is a better rule - in the good years you pay off debt and build up reserves so when the bad years come you are able to stimulate the economy with tax cuts and investment. The good years and bad years make up what we'll call 'the economic cycle' but not "boom and bust" cos we have abolished that.

oh hang on that sounds like the 'golden rule'? Well, ok we'd do that golden rule but sadly we have bucket loads of borrowing so dont have any room to move so we'll make the economic cycle last for another 20 years and borrow loads and what the hell in order to bail out the motor industry we'll buy every taxpayer a car.

The most sensible course of action now would be for G. Brown to resign so someone else with less experience can smoothy steer the UK Titanic properly into the iceberg.

12-11-2008, 16:36	#269
etccarmageddon Inactive Join Date: Jun 2003 Location: Manchester Posts: 5,638	Re: Brown on the ropes? frankly voters must be thick as pig poo if they believe G Brown is saving the day. He isn't even a properly elected leader. He built up a huge amount of national debt and invented the 'golden rule' that borrowing is for investment only. but is now saying there is a new rule which says you can borrow in order to stimulate the economy. I say there is a better rule - in the good years you pay off debt and build up reserves so when the bad years come you are able to stimulate the economy with tax cuts and investment. The good years and bad years make up what we'll call 'the economic cycle' but not "boom and bust" cos we have abolished that. oh hang on that sounds like the 'golden rule'? Well, ok we'd do that golden rule but sadly we have bucket loads of borrowing so dont have any room to move so we'll make the economic cycle last for another 20 years and borrow loads and what the hell in order to bail out the motor industry we'll buy every taxpayer a car. The most sensible course of action now would be for G. Brown to resign so someone else with less experience can smoothy steer the UK Titanic properly into the iceberg.