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To be glad the latest polls are saying the tories will get a good majority

401 replies

Craft74 · 27/11/2019 23:23

Such a relief for all of us especially for our children who would have been saddled with our debt under Corbyn’s plan

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Clavinova · 30/11/2019 21:55

And where did austerity come from from?
Plucked out of thin air for the fun of it??

Quite a lot to do with EU policy;

"Nov 2017 Naming the Chancellor personally, Pierre Moscovici, the EU finance’s commissioner, told reporters in Brussels that the UK would be removed from the EU’s Excessive Deficit Procedure (EDP)."

"Britain’s austerity economy is one of the last countries to come off the list, which numbered 24 in 2011 after the financial crisis but has now dwindled to two with the UK’s belated departure."

www.independent.co.uk/news/uk/politics/budget-2017-eu-uk-deficit-philip-hammond-brexit-austerity-excessive-debt-mechanism-remove-a8069226.html

France received another warning for overspending 10 days ago;

www.thelocal.fr/20191120/france-warned-by-eu-over-breaching-budget-rules

Justanotherlurker · 30/11/2019 22:14

And where did austerity come from from?

Such blatant revisionism is not a good luck when you want to appear as someone who is non partisan.

If you want to add onto what a PP has pointed out, the 2010 GE had all parties running with an austerity budget labour also said the NHS had only 24 hours to survive but that's another story

Considering the last 3 years has been dominated by GDP talk re brexit, the Tories have still kept is within the top 5 and there isn't a revisionist solution that would have worked better, we have gone from ~6% deficit spend down to an EU mandated below 2% at 1.5%

purpleleotard · 30/11/2019 22:16

I do hope that Pinocchio doesn't become prime minister again

Justanotherlurker · 30/11/2019 22:29

I do hope that Pinocchio doesn't become prime minister again

You are obviously RG Uni educated with that level of twitter response critical thinking.

Alsohuman · 30/11/2019 22:34

Plucked out of thin air for the fun of it??

Yes, it was entirely ideological.

Justanotherlurker · 30/11/2019 22:41

Yes, it was entirely ideological.

If you can prove any other country has come out better 10 years later that was as hit by the global financial crash as us then you may have a point.

As it is, it's a tired meme and shows why basic economics should be taught at GCSE level.

Justanotherlurker · 30/11/2019 22:42

If you can prove any other country has come out better 10 years later

That didn't impliment austerity in some form

RicePuffs · 30/11/2019 23:24

@Clavinova, in what way is it relevant that some are from other Euro countries? They are commenting on whether they think Labour’s economic plans could work, not on Brexit.

RicePuffs · 30/11/2019 23:35

Further to my comment above, @Clavinova, I see you are trying to argue as the letters claims a hard Brexit will be economically be for the UK they have a conflict of interest by supporting Labour’s economic plans. Firstly, they make no comment on Brexit per se but on the projected costs of a hard Brexit. This matches with the majority of different reports on projected costs of a hard Brexit conclude that the economic costs will be high. Could they be wrong? A small chance but if the majority conclude the same thing then it is most likely that will be the outcome.

Is every economist listed from the considered number of 163 from a top university, no, but there are a fair few who are. Also none of them are from your local college down the road.

RicePuffs · 01/12/2019 00:20

f you can prove any other country has come out better 10 years later that was as hit by the global financial crash as us then you may have a point

From an article by economist Paul Krugman:

“Since the global turn to austerity in 2010, every country that introduced significant austerity has seen its economy suffer, with the depth of the suffering closely related to the harshness of the austerity. In late 2012, the IMF’s chief economist, Olivier Blanchard, went so far as to issue what amounted to a mea culpa: although his organisation never bought into the notion that austerity would actually boost economic growth, the IMF now believes that it massively understated the damage that spending cuts inflict on a weak economy.” Since the global turn to austerity in 2010, every country that introduced significant austerity has seen its economy suffer, with the depth of the suffering closely related to the harshness of the austerity. In late 2012, the IMF’s chief economist, Olivier Blanchard, went so far as to issue what amounted to a mea culpa: although his organisation never bought into the notion that austerity would actually boost economic growth, the IMF now believes that it massively understated the damage that spending cuts inflict on a weak economy.” www.theguardian.com/business/ng-interactive/2015/apr/29/the-austerity-delusion

Krugman in the article above argues Osborne’s austerity cuts between 2010 and 2012 were too severe and too soon after the global crash. USA enjoyed better economic growth since the crash. Obama did not impose such severe austerity after the crash and according to Krugman the more severe the austerity (Greece he says was in a different position) at the start the slower the economic growth. See attached.

To be glad the latest polls are saying the tories will get a good majority
McCanne · 01/12/2019 00:28

Yeah life’s a total hoot under the Tories. Such a relief.

JustAnotherPoster00 · 01/12/2019 00:30

To be glad the latest polls are saying the tories will get a good majority

Lost 7 points in 1 week, Labour are now only 6 points behind with another week to go

curlykaren · 01/12/2019 00:35

Dear god @RicePuffs, don't go showing the rabid right actual sensibly sourced evidence. Nothing is guaranteed to kill a thread sooner, they'll all stop posting to make sure no one else reads it!

TaliZorahVasNormandy · 01/12/2019 02:48

I was really struggling with who to vote for (They are all wankers) but thanks to this thread, my mind is made up.

RicePuffs · 01/12/2019 18:11

@curlykaren, Grin

Mistlewoeandwhine · 06/12/2019 09:35

www.mirror.co.uk/news/uk-news/killed-benefits-cuts-starving-soldier-3923771

This is why I’m voting Labour.

Hingeandbracket · 06/12/2019 09:39

If you can prove any other country has come out better 10 years later

USA, Australia, New Zealand, China.

Hingeandbracket · 06/12/2019 09:41

Dear god @RicePuffs, don't go showing the rabid right actual sensibly sourced evidence. Nothing is guaranteed to kill a thread sooner, they'll all stop posting to make sure no one else reads it!

I doubt it - Xenia or some other Tory bit will pop up and post some irrelevant platitudinous soundbites.

Hingeandbracket · 06/12/2019 09:42

bit=bot
fucking autocorrect

Alsohuman · 06/12/2019 11:11

So Tommy Robinson is endorsing Johnson’s leadership bid while John Major is urging tactical voting. Says it all really.

politicshome.com/news/uk/political-parties/conservative-party/news/108402/former-tory-pm-john-major-join-election

RicePuffs · 09/12/2019 16:11

when New Labour were busy ruining the UK imposing Social Justice and running up our current astronomical debt

I am afraid I can’t take anyone seriously who makes out new Labour were solely responsible for the increase in national debt in 2008. There was a global recession and developed countries worldwide pumped money into the financial system to save it from collapse. Conservatives would have done exactly the same had they been in power at the time. Also they were not arguing in opposition for better banking regulation and in the 2005 general election their spending plans were v similar to Labour.

There is an argument that our global financial system is out of kilter and the UK economy relies heavily on it but it’s risible to blame the global recession And subsequent increase in national debt on Labour.

In the first few years of power Labour ran surplus deficits which is rare, eg only a few years has that happened since the 2WW, 2 periods under Labour and one year only under Thatcher. Some argue Labour’s annual deficits in the few years before the global crash were not helpful but they weren’t unusually high and public services needed some money after being underfunded for years by Thatcher.

RicePuffs · 09/12/2019 16:11

Apologies I posted the above on the wrong thread!

KenDodd · 09/12/2019 16:20

Yeah me too. I don't give a shit if four year old children are treated on hospital floors or how many people UC kills as long as my taxes are cut.

reginafelangee · 09/12/2019 16:27

Let's hope so.

Anything to get out of the logjam and move forward. Thanks

HollysBush · 09/12/2019 16:41

Boris was born to be PM. Hard-working, honest, kind and will get Brexit done.
First time I’ve ACTUALLY laughed out loud on mumsnet. I even think I might have spat out my tea, had I been drinking any.

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