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[SirGalahad]

Again, this is about the general election. Corbyn's lies and wild unrealistic spending plans would have affected everyone badly quite soon after he got into power, and his longer term plans would be felt for years to come. A double whammy for the young and old.

Spending raises Aggregate Demand so would have a positive effect on the economy. As to effects longer term - can you list some?

How does that compare to Austerity with UK wages stagnating.

 

[Doggit]

Spending raises Aggregate Demand so would have a positive effect on the economy

Exactly, but has to paid for at some stage. The economy grows, more people are needed to handle the increased economy, that raises immigration, that then require increased infrasturcture, which then needs more workers, and so on and so forth. Eventually, those workers retire, and more immigration is needed to pay for the pensioners, and so it lurches from one crisis to another. Except as the economy grow, so does the value of the pound, and that slows exports,and causes the economy to slow, and that shows that whatever you do, you can't win.

The current economic model they use, just doesn't work. I was told some time back, that most of the African countries that used the same spreadsheet model that we did, went bankrupt. Now I'm not sure if the story was true, but I can half believe it.

 

[SirGalahad]

Exactly, but has to paid for at some stage. The economy grows, more people are needed to handle the increased economy, that raises immigration, that then require increased infrasturcture, which then needs more workers, and so on and so forth. Eventually, those workers retire, and more immigration is needed to pay for the pensioners, and so it lurches from one crisis to another. Except as the economy grow, so does the value of the pound, and that slows exports,and causes the economy to slow, and that shows that whatever you do, you can't win.

The current economic model they use, just doesn't work. I was told some time back, that most of the African countries that used the same spreadsheet model that we did, went bankrupt. Now I'm not sure if the story was true, but I can half believe it.

https://www.theguardian.com/news/2017/aug/18/neoliberalism-the-idea-that-changed-the-world

Spreadsheet Model?

Read that and tell me your thoughts.

 

[IWalkLikeHimaMartian]

I was told some time back, that most of the African countries that used the same spreadsheet model that we did, went bankrupt. Now I'm not sure if the story was true, but I can half believe it.

Spreadsheet Model?

*** end probably told him.

 

[SirGalahad]

*** end probably told him.

I've never known a country to define their economic model on MS Excel but you live you learn.

 

[JohnD]

... I was told some time back... I'm not sure if the story was true, but I can half believe it.

Nice to see how your world view is formed.

 

[SirGalahad]

How anyone can for a remote moment even believe that countries economic policy is devised on Excel spreadsheets shows just how much delusional thinking they are willing to accept.

 

[Roger928]

.

 

[SirGalahad]

.

Well one made it to POTUS.

 

[Doggit]

Now I never mentioned an Excell spreadsheet, but I have to appologise for the confusion, the "spreadsheet" comment was a throwback to my computer days.

 

[^woody^]

Spending raises Aggregate Demand so would have a positive effect on the economy. As to effects longer term - can you list some?

How does that compare to Austerity with UK wages stagnating.

His spending plans were actually borrowing plans. My bad.

So to borrow more needs more income to pay it off. So that's more taxes to pay and who will pay them? The rich will move elsewhere, as will business. Workers won't want to move into higher tax bands so movement and productivity suffers. So lower tax receipts. So more borrowing to stimulate the economy, and it goes around and around. Until the economy takes a nosedive.

Perpetual growth and the capitalist economical model just does not work.

 

[SirGalahad]

His spending plans were actually borrowing plans. My bad.

So to borrow more needs more income to pay it off. So that's more taxes to pay and who will pay them? The rich will move elsewhere, as will business. Workers won't want to move into higher tax bands so movement and productivity suffers. So lower tax receipts. So more borrowing to stimulate the economy, and it goes around and around. Until the economy takes a nosedive.

Perpetual growth and the capitalist economical model just does not work.

The tories have borrowed money - more than labour governments even after adjusting for inflation.

As to businesses moving - So they would leave the UK market, just up and leave. Why are you so worried about the Rich moving? Trickle down economics hasn't worked its been debunked.

As to the economic model - the tories are fully paid up members of the capitalist model and neo liberal economics.

 

[Doggit]

As to the economic model - the tories are fully paid up members of the capitalist model and neo liberal economics.

You see that's where you're thinking goes haywire Kankerot, so are the Labour - and the Liberals for that matter.

As to businesses moving - So they would leave the UK market, just up and leave. Why are you so worried about the Rich moving? Trickle down economics hasn't worked its been debunked.

Well done; business's move, and puts people on the dole. That deprives the comunity of income that keeps others employed, so everything moves downwards. Trickle down economics doesn't work when you want to disprove it, that's all.

 

[JohnD]

Well done; business's move, and puts people on the dole. That deprives the comunity of income that keeps others employed, so everything moves downwards.

But I thought you were a brexiteer?

 

[JohnD]

"Lloyd’s of London firm moves European base to Dublin over Brexit"

https://www.theguardian.com/busines...group-eu-single-market?CMP=Share_iOSApp_Other