Quote:
Originally Posted by Chris
The economy is structurally different now than it was in either of the previous two, especially the first -
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Yeah it's on it's backside under the Tories "AGAIN".
---------- Post added at 22:12 ---------- Previous post was at 22:07 ----------
Quote:
Originally Posted by Ignitionnet
It won't work. Punish the productive section of the economy you reduce the incentive to produce and reduce overall tax take.
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We don't produce anything anymore, If you live in a service economy such as ours it's an act of gross stupidity to take cash out of that economy, the only effect it can ever have is to slow consumer spending and confidence and set off a chain reaction that will drive the economy straight back into recession.
The socialists dropped us in it blah blah blah.
1. First of all it was the BANKERS who really dropped us in this mess and how many bankers do you know who are socialists?
Yes, I will concede that Labour govts failed to get to grips with that reprehensible City culture but it was Thatcher and the Tories who invited Financial Services to this country (at the expense of industry) and introduced rampant deregulation that allowed a lot of clever, rich bankers to make even more money off the backs of decent hard working people.
---------- Post added at 22:14 ---------- Previous post was at 22:12 ----------
Quote:
Originally Posted by Digital Fanatic
I'm reserving judgement until next quarter, but it's not looking good for the ConDems.
I hope they have a plan B.
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Election before next spring? You heard it hear first.