We do world class recessions

[sxturbo]

Show us the example on which you base your belief.

there are various texts and references around for you to find. you never answer a question posed by others so i have no intention of answering yours.

FYI it was not only the UK that entered into austerity it was most of europe and the usa, canada etc. in some it worked better than others.

 

[dontbelieveawordofit]

Show us the example on which you base your belief.

why does there have to be an example for someone to base their opinion on. why can’t someone have an opinion based on common sense.
besides , your’e living in a perfect example of austerity success. look no further.

 

[dontbelieveawordofit]

why is it the most pedantic here cannot maintain a successful debate without other peoples published facts (which may or may not be fact and are always flawed) opinions and experiences. take other peoples facts figures and opinions away from them and they become condescending , arrogant and obnoxious , highlighting how ignorant and stupid they really are.

 

[ellal]

the government know what constitutes a vulnerable person where covid is concerned.

 

[Notch7]

subsequent left biased socialist governments have not been able to break this.

they never will.

the left are focused on ideology, admirable perhaps but shortsighted.

democracy isnt real in this country because the rich achieve political influence by being party donors and lobbying MPs.

And the wealthy are happy to throw plenty of money at government and media to ensure the wealth stays with them.


this government have taken corruption to a whole new level -probably because of US connections. US businesses have to pay billions to get influence in the USA, but theyve discovered they can get access to Tory Mps for as little as £50k.

Kier Starmer is a rather corporate figure, he is a member of the trilateral commission. He is also supported by Murdoch -so he has some powerful allies, which might help labour get a shoe in.

 

[Notch7]

why does there have to be an example for someone to base their opinion on. why can’t someone have an opinion based on common sense.
besides , your’e living in a perfect example of austerity success. look no further.

opinions arent based on common sense they are based on in built political bias.

we all search out and read media stories that support our bias, not challenge it.

thats why only the truth counts.

sadly we live in a country where the lies are winning, so truth is hard to come by.

 

[dontbelieveawordofit]

opinions arent based on common sense they are based on in built political bias.

we all search out and read media stories that support our bias, not challenge it.

thats why only the truth counts.

sadly we live in a country where the lies are winning, so truth is hard to come by.

your opinions may be based on in-built political bias, and you assume it applies to everyone. your opinions are based on the bs they feed you. only you like to think your’e intelligent enough to separate the truth from the lies.
when the truth is you’ll happily take some truth and some lies , whatever makes you feel comfortable.

 

[SirGalahad]

No that's just one component as to why austerity failed, austerity can work if done correctly, unfortunately it appears the UK didn't do it effectively, but that's not to say it didn't work to a degree.

Economics is very complex, we could be here all year discussing it.

You think that by magically printing more money that will fix everything with no downsides. By just printing more money it will impact the rate of inflation and so a balancing act must be done.

There are many financial advisors to the UK government and Bank of England and the decisions made by government regarding the economy are largely done with their input, and I'm pretty certain they know a lot more than anyone on a DIY forum

I know how money is created, you can Google it if you can't understand it, I would write it but I'll be on here longer than I want to be, and what's the point of reinventing the wheel if the info is easily at hand.

What was the pupose of Austerity and how do you determine it has achieved its aim?

The fact you still haven't answered how many is actually created.

As to printing money indefinitely- you do like your straw man arguments.

It's not merely a questionf of how much they know - bias and ideology play a key role.

The fact you are banging on about Austerity but fail to grasp a great deal of the work done to justify it was based on work by Rogoff and Reinhart who based their work on a faulty excel calculation - you can Google it

You don''t know how its created as you never answered the question.

Wherever your learned your economics it wasnt from attending University.

 

[JohnD]

why can’t someone have an opinion based on common sense.

because "common sense" (a.k.a. ignorance) may wrongly lead you to think that austerity can help a nation's economy.

When a nation cuts back on toothbrushes, consider what happens to the makers and sellers of toothbrushes?

When a nation cuts back on healthcare, what happens to healthcare workers; and what happens to the health of the citizens?

When a nation cuts back on education, what happens to the future abilities and potential of its citizens?

When incomes shrink, what happens to tax revenues?

 

[JohnD]

it was not only the UK that entered into austerity it was most of europe and the usa, canada etc. in some it worked better than others.

and yet you cannot think of a single case that worked so well you want to hold it up as an example.

 

[dontbelieveawordofit]

(a.k.a. ignorance)

i’ll take my ‘ignorance’ over inanely regurgitating OTHER PEOPLES opinions continuously in a bid to make myself look vaguely intelligent.

 

[JohnD]

i’ll take my ‘ignorance’

Of course you will.

 

[sxturbo]

and yet you cannot think of a single case that worked so well you want to hold it up as an example.

as i said when you can respond to questions i'll respond to you for now i will assume you are a troll purely on here to obtuse for the sake of it.

you cant bring me down johnny boy

 

[ReganAndCarter]

austerity inthe UK

What austerity?

With all the libertards and assorted dog-on-a-rope crusties jumping on the BLM bandwagon, with virtual official endorsement to destroy public property - it's more like anarchy in The UK these days.

Would make a great title for a song.

 

[fillyboy]

No that's just one component as to why austerity failed, austerity can work if done correctly, unfortunately it appears the UK didn't do it effectively, but that's not to say it didn't work to a degree.

Austerity never really works because by doing it you're shrinking the economy whereas what's needed is the opposite.