marky wrote:As an aside, given how unpopular Labour were just a year ago, it is incredible to now see them leading in many polls. These may be unusual times, but that is still utterly astonishing.
Keith wrote:marky wrote:As an aside, given how unpopular Labour were just a year ago, it is incredible to now see them leading in many polls. These may be unusual times, but that is still utterly astonishing.
What I find interesting is that the left of centre President of the USA has gone from hugely popular to likely to lose the next election while the right of centre UK government will almost certainly lose the next election. Unusual times indeed. Like it or not, the government in power now, either side of the Atlantic, is cleaning up the mess of the previous administration and will pay for it by being voted out ASAP.
durhamshrimp wrote:The reason they'll get voted out on this side of the Atlantic is they're not cleaning up this supposed mess, they're making it a lot lot worse. Hence they'll lose (not that they won the election in the first place).
Peter wrote:The Coalition is trying to clear up an horrendous mess made, and handed down, by the Labour government.
[/quote]failedeconomist wrote:The Labour opposition are now saying that they would make a much better job of clearing up such an horrendous mess.
How?
Peter wrote:Tripe - here's the latest from the CBI on Monday:
http://cbi.org.uk/ndbs/press.nsf/0363c1f07c6ca12a8025671c00381cc7/f84f9fe2a2c4cf2f802578220030e5ca?OpenDocument
yeah-whatever wrote:Tuesday's output figures further go to suggest that the depth of the doo doo is still not understood by even those who should know better:
Keith wrote:The final bail out of the banks has been estimated at between £20 billion & £50 billion (allowing for future sale of government owned shares)
Posh wrote:I can't be arsed arguing the toss about your abhorence of the Labour government - fair enough about Blair and Iraq. However I've got to pick you up on the ludicrous idea that the war in Iraq cost the same as bailing out banks or about £20 billion.
The total cost of the bailouts was put at £850 billion in early 2009. http://www.independent.co.uk/news/uk/po ... 33830.html
The final figure is widely believed to be over £1 trillion or over 200% more than our entire national debt in 2007. Some put the cost at over £1.5 trillion http://www.money.co.uk/article/1002877- ... c-debt.htm. If the Irish economy defaults then it could easily rise to £1.8 trillion as our exposure to Ireland is over £300 billion.
We could have invaded half the world for that!
The Independent wrote:The NAO report put a question mark over the Treasury's estimate of the taxpayers' long-term bill for the rescue of between £20bn and £50bn, saying it will depend heavily on the Government's sale of its stakes in RBS and Lloyds.
Amyas Morse, the NAO's head, said: "The big question is what all of this will eventually cost the taxpayer. This will take time to answer.
"When it comes to selling its stakes in the banks, the Government has to be mindful of the proceeds for the taxpayer but also of the implications for competition in the UK market, so that customers get a fair deal. As the crisis begins to subside, lessons must start to be learned."
http://www.independent.co.uk/news/uk/po ... 33830.html
The Times wrote:Based on assumptions set out in our book, the budgetary cost to the UK of the wars in Iraq and Afghanistan through 2010 will total more than £18 billion. If we include the social costs, the total impact on the UK will exceed £20 billion.
Joseph Stiglitz and Linda Bilmes, 2008. The Three Trillion Dollar War
http://www.timesonline.co.uk/tol/commen ... 419840.ece
Keith wrote:By the way, which schools did Blair and Darling go to? Comprehensives or private? They hardly come from working class stock either.
Posh wrote:That investment is mirrored in PFI. While admittedly costing more and often poorly executed, investment made under PFI (and state funding).....
shrimper wrote:Pint anyone?
Posh wrote:Keith I think that this is part of the wider mythology. Those figures from the NAO have been derided as they assume that share prices will return to pre-2007 levels.
Keith wrote:Labour's liars and incompetents...
Peter wrote:Posh wrote:That investment is mirrored in PFI. While admittedly costing more and often poorly executed, investment made under PFI (and state funding).....
Not just pocket money is it.....:
http://www.uepengland.com/bbs/index.php/topic/24626-l24-million-labour-showpiece-school-closes-after-only-two-years/
Posh wrote:P.S. Selective quoting from a well-known Fascist racist messageboard. Who would have thought!
Users browsing this forum: Bing [Bot], Google [Bot] and 105 guests