Quote:
Originally Posted by Arthurgray50@blu
But all l am saying is that there hard working people in this country, that want to work but cannot, becuase they are becoming unemployed with there jobs at risk, such as mine.
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Just to repeat myself this isn't a communist state Arthur, we don't live in North Korea and the government is not there to ensure 100% employment.
Quote:
Originally Posted by Arthurgray50@blu
The benefit system is being taken the p''' off various people, the education system is now laying into decay with less funding, and the armed services are being stripped due to budget cuts.  |
The benefit system was in dire need of reform, the education system is a mess, ignoring record A-Level / GCSE results literacy and numeracy standards are a disgrace, and the position of the armed forces is debatable given their lower involvement in Iraq and Afghanistan.
This is the legacy of throwing record amounts of money at things.
---------- Post added at 16:49 ---------- Previous post was at 16:48 ----------
Quote:
Originally Posted by heero_yuy
and they would have stalled making the necessary cuts and we'ed be pulled up short PDQ as international credit would have dried up or got incredibly expensive and have to go begging to the IMF like a re-run of 1979.
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Chances are they'd have done exactly what they did previously - the BoE would have engaged in a programme of 'Quantitative Easing' but rather than its advertised purpose of pumping money into the economy it would have done what was done with most of it before, purchase government debt.