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| Quote ="JerryChicken"...because thats what is at the source of all poverty isn't it, people who would have enough money if only they didn't spend it all on christmas presents.'"
Wouldn't have thought there was much poverty in Horsforth Gerry. I'm sure your Christmas golfing socks were of the finest merino wool!
Perhaps you missed the part where she didn't actually have the money, but borrowed it, and is now complaining that her benefits payments will not cover the repayments?
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| The austerity looks like it is working. The UK economy is now predicted to overtake Germany as Europe's strongest by 2030 and predicted to have the second highest highest growth, after the USA, of any advanced economy.
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| Quote ="Leaguefan"Capitalism as a system FAILS because people die of GREED.
That will now cause the right wingers no end of problems trying to work it out but it is a truth.
Have fun Sal, AJW, World of Red Boy etc.
Try and refute it.
Your replies, if any, will make for interesting reading.'"
Traditionally, people die of stoppage of the breath......something common to all of us!
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| Quote ="Dally"The austerity looks like it is working. The UK economy is now predicted to overtake Germany as Europe's strongest by 2030 and predicted to have the second highest highest growth, after the USA, of any advanced economy.'"
Do you share this optimistic prediction Dally?
Will the United Kingdom even exist in 2030? Will we live in an Islamic Republic? Will England just be a state within Euroland?
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| Quote ="Lord Elpers"Has 'Him' done a runner?'"
Not at all, I hadn't actually noticed your post, apologies.
It certainly wasn't a deliberate error to mislead, the graphs on that site are, however, a little misleading themselves. For instance if you use the same data ie GDP per capita PPP but for 2010 to 2013 you will see it shows the higher figure I quoted as being for a period including 2010 and into 2011, but not to the end of 2011.
If I was incorrect, I apologise and withdraw the comment.
Incidentally, I notice the Andrew Mitchell thread hasn't been touched recently...
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| Quote ="rumpelstiltskin"Wouldn't have thought there was much poverty in Horsforth Gerry. I'm sure your Christmas golfing socks were of the finest merino wool!
'"
Don't know, I neither live in Horsforth nor play golf.
I'd be ace on "Whats My Line".
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| Quote ="Dally"The austerity looks like it is working. The UK economy is now predicted to overtake Germany as Europe's strongest by 2030 and predicted to have the second highest highest growth, after the USA, of any advanced economy.'"
Did you actualyy read the report or just the headline?
Few commentators have mentioned the population growth required to achieve the projected economic success, a growth that can only be achieved through a massive increase in migrant labour
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| Low taxes also cited.
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| Quote ="Ajw71"Low taxes also cited.'"
They will appear mid 2014 as a selling point.
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| Quote ="Lord Elpers"NO MORE ARGUMENTS: AUSTERITY IS WORKING!
Labour and the chattering classes accused George Osborne of condemning Britain to a future without growth. They have been proved wrong.
The death of Nelson Mandela meant the reporting of the autumn statement was overshadowed last week but Osborne scored a significant victory over Ed Balls-Up and his critics are on the run. As the economics editor of the Sundays Times put it “The intellectual battle is over. This may not be the best or most balanced recovery on record but it is a recovery, and is gaining strength”
Even The Guardian declared that Balls was the biggest loser from Osborne’s autumn statement. Recent rapid footwork from Miliband and Balls to shift their attacks on the government from austerity to living standards, could not cover his embarrassment. Balls had endured a n autumn statement from Osborne that started with the line “Britain’s economic plan is working” and proceeded to twist the knife deep into Labour.
The coalition had inherited a country in serious fiscal crisis with its public finances “broken” and mired in “deep-seated problems of unsustainable spending, uncompetitive taxes and unreformed public services” Osborne said.
Having resisted huge pressure to abandon his deficit cutting strategy, most notably from Balls, the chancellor was able to wallow in satisfaction. Not only had Labour – and Balls – opposed every measure to reduce the deficit, but they constantly warned that without temporary tax cuts or spending increases, the economy would “flatline”
Yet growth has returned dramatically this year. Fears of a “triple-dip” recession at the start of the year proved groundless and the earlier double-dip at the end of 2011 and 2012 was revised away by the official statisticians.
Last Thursday was the biggest upward revision of growth in an official forecast for 14 years. The OBR more than doubled its estimate for this year on the back of quarterly growth rates of 0.4%, 0.7% and 0.8% respectively.
Even more than the GDP numbers the growth in jobs has defied the gloomsters. According to the OBR employment has risen by 400,000 this year, taking the total since May 2010 to almost 1 million. Over the period 2011-2019, the OBR predicts 3,1m extra jobs, three times as many as the 1,1m public sector jobs that will be cut.
All this has come without Osborne abandoning his austerity programme. In comments aimed at the Labour front bench and his many other critics he said “Over the last three years we have stuck to our guns, worked through the plan. We have done so in the face of a sovereign debt crisis abroad. We have held our nerve while those who predicted there would be no growth until we turned the spending taps back on have been proved comprehensively wrong”
The faces of the Labour front bench said it all "Bad news........there's good news"
Source: David Smith economics editor of the ST'"
The so called economists of the mainstream media are thick - just like you.
"George Osborne likes to say that the UK government’s cost of borrowing (the yield on gilts – government IOUs) is low because investors are impressed with his running of the economy.
This is complete and utter tripe.
Gilt yields are low because the Bank of England now owns about a third of the entire market. If the Bank was to try to even think of offloading these bonds, or even to stop buying gilts, we’d soon see how impressed investors are with Osborne’s governance.
In short, the UK is a ‘zombie’ economy. From top to bottom, it’s being kept on life support by low interest rates".
Source: John Stepek, Money Week
In short:-
As soon as interest rates go up we are finished.
As soon as foreign investors move away from the pound we are finished.
This is only a matter of time.
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| Quote ="Mintball"So, you cannot answer the question?
You're the one stating that anyone who dares to empathise with others and even mention fairness should not do so once earning a certain amount of money.
This 'argument' has previously been shown (not by me) to be crass: to follow your logic, only a slave would oppose slavery, was an example that was given.
Yet you persist and, since you've repeatedly suggested this, you must have thought out what that rate would be.
Incidentally: I am quite comfortable now. It has not been the case for the bulk of my working life – as mentioned before, the copper jar was essential not that many years ago. No holidays, no trips out etc etc – and that was while working.
I'd be interested to know just why you'd expect anyone to suddenly only interested in themselves when their own lives improve. But then again, you can't even put a figure to your own pet theory that a concern for fairness should cease on reaching a certain pay level.
I equally doubt that you know the pay levels of anyone on here who you would assert should stop being concerned about fairness, thus rather rendering your comments insubstantial at best.
I know that I have mentioned [iThe Spirit Level[/i more than once on here, so either you've missed it, forgotten it or decided to ignore it.
Feel free to refute the work that Wilkinson and Pickett did – using evidence – but stop trying to pretend that such evidence does not exist.'"
What are you on about - or what are you on?
When people are struggling it takes all their energy and will to keep their head above water, they are shopping in a supermarket because that is all they can afford. Their not too bothered whether the multiple offers one type of apple or ten as long as the price is within their means. It is only when we reach a certain level/status/position which will be unaffected by their change in view - that they are to consider the wider perspective. Simple Maslow really. Look in the mirror you are that person. How much of your hard earned salary would/have you be/been prepared to give up so somebody down the chain of command could have more?
We are basically animals with animal instincts - our behaviour is similar to what you see in the jungle. One of the reasons meritocracy/capitalism works is because it appeals to our inbuilt instincts - the best hunter will have the most food, best choice of mate etc.
I don't need to know what you earn to know you are comfortable - you expose your whole existence and status in the posts on this very board. You wonder why I have little truck with your position? Your biggest worry is whether the local butcher will have twenty different cuts of Beef available and whether it is organic? You think somebody on minimum wage gives a about whether their food is organic as long as they have some. You are a hypocrite of the highest order. You talk the talk but you certainly will never walk the walk.
I don't need to put a figure on when you become less egocentric - it depends on individual circumstances. You cannot quantify it.
Again you produce one piece of work and suggest it is irrefutable proof? I take you have read Christopher Snowden's book that complete dismantles this theory? Who is right who is wrong?
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| Quote ="General Zod."The so called economists of the mainstream media are thick - just like you.
"George Osborne likes to say that the UK government’s cost of borrowing (the yield on gilts – government IOUs) is low because investors are impressed with his running of the economy.
This is complete and utter tripe.
Gilt yields are low because the Bank of England now owns about a third of the entire market. If the Bank was to try to even think of offloading these bonds, or even to stop buying gilts, we’d soon see how impressed investors are with Osborne’s governance.
In short, the UK is a ‘zombie’ economy. From top to bottom, it’s being kept on life support by low interest rates".
Source: John Stepek, Money Week
In short:-
As soon as interest rates go up we are finished.
As soon as foreign investors move away from the pound we are finished.
This is only a matter of time.'"
if interest rates rise will investors not buy in to the pound?
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| Quote ="Sal Paradise"What are you on about - or what are you on?
When people are struggling it takes all their energy and will to keep their head above water, they are shopping in a supermarket because that is all they can afford. Their not too bothered whether the multiple offers one type of apple or ten as long as the price is within their means. It is only when we reach a certain level/status/position which will be unaffected by their change in view - that they are to consider the wider perspective. Simple Maslow really. Look in the mirror you are that person. How much of your hard earned salary would/have you be/been prepared to give up so somebody down the chain of command could have more?
We are basically animals with animal instincts - our behaviour is similar to what you see in the jungle. One of the reasons meritocracy/capitalism works is because it appeals to our inbuilt instincts - the best hunter will have the most food, best choice of mate etc.
I don't need to know what you earn to know you are comfortable - you expose your whole existence and status in the posts on this very board. You wonder why I have little truck with your position? Your biggest worry is whether the local butcher will have twenty different cuts of Beef available and whether it is organic? You think somebody on minimum wage gives a poop about whether their food is organic as long as they have some. You are a hypocrite of the highest order. You talk the talk but you certainly will never walk the walk.
I don't need to put a figure on when you become less egocentric - it depends on individual circumstances. You cannot quantify it.
Again you produce one piece of work and suggest it is irrefutable proof? Why because a few trendy lefties have told you so? I take you have read Christopher Snowden's book that complete dismantles this theory? Who is right who is wrong?'"
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| Quote ="Sal Paradise"What are you on about - or what are you on?'"
Planet Earth.
Quote ="Sal Paradise"When people are struggling it takes all their energy and will to keep their head above water, they are shopping in a supermarket because that is all they can afford. Their not too bothered whether the multiple offers one type of apple or ten as long as the price is within their means. It is only when we reach a certain level/status/position which will be unaffected by their change in view - that they are to consider the wider perspective. Simple Maslow really. Look in the mirror you are that person. How much of your hard earned salary would/have you be/been prepared to give up so somebody down the chain of command could have more?[./quote
What the fücking hell are you on?
Who the f*** mentioned supermarkets? I didn't.
Quote ="Sal Paradise"... We are basically animals with animal instincts - our behaviour is similar to what you see in the jungle. One of the reasons meritocracy/capitalism works is because it appeals to our inbuilt instincts - the best hunter will have the most food, best choice of mate etc...'"
Again, you're spouting bøolløcks instead of answers to the questions.
Quote ="Sal Paradise"I don't need to know what you earn to know you are comfortable - you expose your whole existence and status in the posts on this very board....'"
Oh wowser! I'm so horrified! Sal "Real World" Paradise 'thinks' (I use the word generously) he knows something.
Quote ="Sal Paradise"... You wonder why I have little truck with your position? Your biggest worry is whether the local butcher will have twenty different cuts of Beef available and whether it is organic? You think somebody on minimum wage gives a poop about whether their food is organic as long as they have some. You are a hypocrite of the highest order. You talk the talk but you certainly will never walk the walk...'" '"
Carry on inventing things, sunshine, because I have never suggested this anywhere. You're a fantasist, who needs your fantasies in order to provide some sort of 'evidence' for your claims.
Now if you want to stop looking like an idiot, feel free – and answer questions and provide real, meaningful evidence to support your claims.
Otherwise, you're just another little troll with nit an ounce.
Actually I suspect not: I think you're probably just a greedy, selfish individual who is trying to excuse not having an ounce of morality in their body.
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| Quote ="Mintball"Planet Earth.
Carry on inventing things, sunshine, because I have never suggested this anywhere. You're a fantasist, who needs your fantasies in order to provide some sort of 'evidence' for your claims.
Now if you want to stop looking like an idiot, feel free – and answer questions and provide real, meaningful evidence to support your claims.
Otherwise, you're just another little troll with nit an ounce.
Actually I suspect not: I think you're probably just a greedy, selfish individual who is trying to excuse not having an ounce of morality in their body.'"
So, once again your "evidence" is petty personal abuse - to a guy who wrote simple common-sense stuff. You like to talk about "debate" but do you ever when people question your views?
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| Quote ="Sal Paradise"if interest rates rise will investors not buy in to the pound?'"
They will buy sterling denominated assets that pay higher interest rates, so the demand for the pound will go up because they need to convert their currency in to pounds to buy them, and the exchange rate of the pound will appreciate.
Double edged sword really. Will harm UK exports because our goods will be more competitive, but it will bear down on inflation in the UK because anything that requires imported goods as part of the production process will become cheaper.
Danger is imports will also start becoming comparatively cheaper than domestic produced goods so even in the home market we could lose market share to imports that are bought more easily with a stronger pound.
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| Quote ="sally cinnamon"They will buy sterling denominated assets that pay higher interest rates, so the demand for the pound will go up because they need to convert their currency in to pounds to buy them, and the exchange rate of the pound will appreciate.
Double edged sword really. Will harm UK exports because our goods will be more competitive, but it will bear down on inflation in the UK because anything that requires imported goods as part of the production process will become cheaper.
Danger is imports will also start becoming comparatively cheaper than domestic produced goods so even in the home market we could lose market share to imports that are bought more easily with a stronger pound.'"
As we import more than we export that would have a positive effect on inflation - although it will affect tourism etc. Given what we export seems quite specialist i.e. not mass market will the rise in the pound have a huge impact on these goods?
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| Quote ="Mintball"Planet Earth.
Carry on inventing things, sunshine, because I have never suggested this anywhere. You're a fantasist, who needs your fantasies in order to provide some sort of 'evidence' for your claims.
Now if you want to stop looking like an idiot, feel free – and answer questions and provide real, meaningful evidence to support your claims.
Otherwise, you're just another little troll with nit an ounce.
Actually I suspect not: I think you're probably just a greedy, selfish individual who is trying to excuse not having an ounce of morality in their body.'"
Nobody is inventing anything just exposing you for what you are - I am not the one looking an idiot here - it is you.
You bring "Spirit Level" as fact - it isn't its a theory - do you actually know the difference?
You don't anything about me yet you feel it is OK to pronounce on my personality - yet you cry wolf when somebody does this to you?
You talk about answering questions - you never answer any, you spout nonsense - you claimed I said nobody should have a pay rise because I haven't had one - I asked you to show me where I said that, I am still waiting?
You keep raising the point about care workers and expenses. What I said was most firms would pay out of pocket expenses through a defined expenses policy, at the firm I work at somebody buys milk and coffee and they claim it back through the expenses process - you turned that into all care workers have expenses accounts!!
This is what you do you produce theory as fact, you read what you want things to say not what they actually say, you bring things back from months ago but somehow find it distasteful when the tables are turned, you are a probably a hypocritical bully who like all bullies can't take it when the tables are turned.
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| In defence of la Mint,
[url=http://s37.photobucket.com/user/BillytheRhino/media/97f6aaf2-debc-44f3-a060-63bbf60e4999.jpg.html [/url I've found since putting up this photo in the front window, we have never been burgled!
Credit where it's due!
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| Which reminds me, what happened to Minty's better half?
They were in a competition at one time to be the first to a million posts.
Where be you tb?
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| Good to see George Osborne named Briton of the Year by the Times.
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| Quote ="Ajw71"Good to see George Osborne named Briton of the Year by the Times.'"
Personally, I'd have dear old Godfrey Bloom before George Osborne, who I think has been extremely fortunate with his growth policies.
That said, if the predictions by the leading economist Dr Ros Altmann are anywhere near the mark, with [i "growth rising by 5 per cent, real earnings increasing by nearly 3 per cent, inflation holding at about 2 per cent, and employment at its highest since records began, falling towards – or even below – the 7 per cent level by the end of 2014".[/i Then I'm afraid there will be much hand wringing by the usual suspects on here, and the Tories will be a shoe in come Election Time.
With Churchill being acknowledged as the Greatest Briton of All Time, I think we can look forward with confidence that the natural order of things has been restored after the miss spent years of Blair's Britain.
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| Quote ="rumpelstiltskin"
That said, if the predictions by the leading economist Dr Ros Altmann are anywhere near the mark, with [i "growth rising by 5 per cent, real earnings increasing by nearly 3 per cent, inflation holding at about 2 per cent, and employment at its highest since records began, falling towards – or even below – the 7 per cent level by the end of 2014".[/i Then I'm afraid there will be much hand wringing by the usual suspects on here, and the Tories will be a shoe in come Election Time.
'"
Those things could well happen in a consumer-spending generated boom year in 2014 coupled with tax rebates and election bribes.
It not what the Tories were hoping for of course as it goes against everything that austerity stands for and there will be a price to pay in 2016, but still...
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| Quote ="Ajw71"Good to see George Osborne named Briton of the Year by the Times.'"
Have you read the reasoning behind their decision.
Talk about the job description being written for the candidate
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| Quote ="Ajw71"Good to see George Osborne named Briton of the Year by the Times.'"
Really why do think that - if he is the Briton of the year we should be very worried about our performance as a nation.
Man is an incompetent!!
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