A different view on the economy

[The Baker]

Less than five minute vidio on Government Surplus and Steve Keens view on this.

Either Google "Renegade Shorts-Steve Keen on Government Surplus" or enter it into the Youtube search slot.

I dont really understand what Mr Keen expains so will probably need to watch it a few times.

I would be interested in other peoples view.

Tim

 

[JohnD]

the "housekeeping" theory of cutting spending when times are hard, was one of Thatchers greatest errors.

it was a source of great frustration to anybody who had studied economics (which excludes the Thatcher woman) since 1940.

It's amazing, and terrible, that such ignorant people get to run the country.

 

[Roger928]

It's amazing, and terrible, that such ignorant people get to run the country

The ignorance came before thatcher. Thatcher was just the medicine.
The same kind of medicine needed every time when reckless labour loons get to run the country.

 

[JohnD]

poor old roger shares her ignorance.

but it doesn't matter, because he has no influence on national policy.

 

[Roger928]

because he has no influence on national policy

Well actually I have. Just like you I have a vote.
Its a shame you'll be wasting your vote on that loser corbyn. LoL

 

[JohnD]

I have a vote.

how sweet.

Did you vote for the party whose manifesto pledged to have a free vote on fox-hunting? (now dropped)

or to means-test the pensioners Christmas bonus? (now dropped)

or to end the ban on new selective schools? (now dropped)

or to end school meals for all children in their first three years of school? (now dropped)

or to scrap a £72,000 cap on social care costs - the dementia tax? (now dropped)

or to cap energy bills for millions of households? (now dropped)

or to repeal the Fixed Term Parliaments Act? (now dropped)

or to continue with the Government’s commitment to spend 0.7 per cent of the UK’s gross national income on aid to the developing world? (now dropped)

or to dump the triple-lock on state pensions? (now dropped)

It must be awful to support a party that flings away its manifesto promises like confetti. You surely don't imagine that your vote influences what your party does?

 

[Roger928]

The main priority is to keep comrade corbyn out of no 10.

 

[JohnD]

haha

either you're a right-wing tax-dodging multibillionaire, or you're influenced by one.

I know why they're terrified by the prospect

But why are you? Surely you don't believe what you read in the mass media?

http://www.huffingtonpost.com/kadira-pethiyagoda/jeremy-corbyn--the-people_b_11048424.html

 

[IWalkLikeHimaMartian]

how sweet.

Did you vote for the party whose manifesto pledged to have a free vote on fox-hunting? (now dropped)

or to means-test the pensioners Christmas bonus? (now dropped)

or to end the ban on new selective schools? (now dropped)

or to end school meals for all children in their first three years of school? (now dropped)

or to scrap a £72,000 cap on social care costs - the dementia tax? (now dropped)

or to cap energy bills for millions of households? (now dropped)

or to repeal the Fixed Term Parliaments Act? (now dropped)

or to continue with the Government’s commitment to spend 0.7 per cent of the UK’s gross national income on aid to the developing world? (now dropped)

or to dump the triple-lock on state pensions? (now dropped)

It must be awful to support a party that flings away its manifesto promises like confetti. You surely don't imagine that your vote influences what your party does?

How is their house building programme going?
What about the homeless?
The Boundary Review?
Do not forget the Corporate Pay debacle!

 

[bernardgreen]

It must be awful to support a party that flings away its manifesto promises like confetti.

It must be blind loyalty to support a party that flings away money like confetti to finance its manifesto promises, and then drops out of office when the loans for the confetti are called in.

 

[SammyInnit]

This is the first and last time you'll see me post anything about politics here.

The trouble with people hell bent voting for people who suggest taking money off those at top are the same people who are left shocked when the same people take money off them too.

He's not Robin Hood.

 

[EFLImpudence]

That's a silly post.

 

[SammyInnit]

That's a silly post.

Compelling argument.

 

[IWalkLikeHimaMartian]

This is the first and last time you'll see me post anything about politics here.

That's a silly post.

Compelling argument.

Gotcha!

 

[JohnD]

The trouble with people hell bent voting for people who suggest taking money off those at top are the same people who are left shocked when the same people take money off them too.

However, when the people at the bottom and the middle pay tax, but the billionaires and multinationals take advantage of special concessions to dodge tax, the billionaires are shocked at the idea that they might also be expected to pay some tax.

Do you think that Rupert Murdoch pays tax on his earning from UK newspapers and TV? Do you think that the Daily Mail and its boss pay tax on the money they receive from producing a British newspaper in Britain and selling it to British customers? Do you think that Virgin and Branson pay tax on the money they earn from British customers? Do you think that Apple and Amazon pay tax anywhere? What about Starbucks coffee shop on your High Street? Are you surprised that Old Etonian millionaire politicians have offshore trust funds hidden in Panama?

Why do you think the rich and powerful are hell-bent on attacking Corbyn? Do you think it is for love of the poor?