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economic situation is dire


ianrobo1

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Regardls

 

 


Official figures show the UK economy has emerged from six years of lost growth to return to its pre-crisis peak.

The Office for National Statistics (ONS) said Britain's economy was now bigger than it was before the financial crisis as gross domestic product (GDP) expanded by 0.8% in the second quarter of the year.

The performance matched that of the previous quarter, although today's figure is only a first estimate and subject to revision.

It meant that on an annual basis, growth was 3.1% higher than was measured in the same period last year leaving total output 0.2% higher than in the first quarter of 2008 - its previous peak.

 

the talk in 2010 was that the next election would all be about the economy  , guess Milliband can start writing his CV  :)

 

full article on the Evil since 2010 news website

 

 

I would imagine he has kept it pretty up to date :)

 

However, the topic of the economy is still likely to feature in the next election, regardless of what the growth figures show the up turn isn't being felt by a significant percentage of the voters and so any party that thinks it isn't an issue is in for a shock.

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We will learn - to a degree - from ours.

I would say that the current evidence suggests otherwise.

 

 

So you're saying we will be hit by another financial crash as a result of deregulation in the next 20 years?

 

I think not.

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We'll learn from our mistakes, the next generation will make their own and learn from them.

We won't and they won't.

We make the same mistakes our forefathers made and so will all the generations to come.

 

 

I think the causes remain the same but the solutions we choose these days are different to those of the 1920s-30s.

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Regardls

 

 

Official figures show the UK economy has emerged from six years of lost growth to return to its pre-crisis peak.

The Office for National Statistics (ONS) said Britain's economy was now bigger than it was before the financial crisis as gross domestic product (GDP) expanded by 0.8% in the second quarter of the year.

The performance matched that of the previous quarter, although today's figure is only a first estimate and subject to revision.

It meant that on an annual basis, growth was 3.1% higher than was measured in the same period last year leaving total output 0.2% higher than in the first quarter of 2008 - its previous peak.

 

the talk in 2010 was that the next election would all be about the economy  , guess Milliband can start writing his CV  :)

 

full article on the Evil since 2010 news website

 

 

I would imagine he has kept it pretty up to date :)

 

However, the topic of the economy is still likely to feature in the next election, regardless of what the growth figures show the up turn isn't being felt by a significant percentage of the voters and so any party that thinks it isn't an issue is in for a shock.

 

yeah I'd agree with that  

 

2 years ago I'd imagine Ed was already measuring the curtains for number 10   , but now it's not so clear cut   (  possibly going to be another coalition ?)  , but a lot can happen between now and the GE  ,  the Argies might conveniently invade the Falklands  for example :)

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such a simple explanation of the data on Radio 4 earlier:

 

we now have the same size cake as we had back in 2008

 

it's just that there are two million more of us wanting a slice

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yeah I'd agree with that  

 

2 years ago I'd imagine Ed was already measuring the curtains for number 10   , but now it's not so clear cut   (  possibly going to be another coalition ?)  , but a lot can happen between now and the GE  ,  the Argies might conveniently invade the Falklands  for example :)

 

 

I suspect he might have needed someone to measure them for him if he wanted them to meet in the middle :)

 

As for the GE I won't reply on that as its one for another thread really.

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such a simple explanation of the data on Radio 4 earlier:

 

we now have the same size cake as we had back in 2008

 

it's just that there are two million more of us wanting a slice

bloody immigrants coming over here wanting our cake

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such a simple explanation of the data on Radio 4 earlier:

 

we now have the same size cake as we had back in 2008

 

it's just that there are two million more of us wanting a slice

 

The trouble is that the media tend to not say what the actual figures are or in what currency the GDP is measured in.

 

If the QE and low rates of interest have lowered the value of the pound, then the figures might actually be a false comparison between now and the pre-crash era.

 

The BBC in its creepy attempt not to upset either the coalition or the opposition, seem to make the case that both Osborne and Balls are right, which they cannot be.

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such a simple explanation of the data on Radio 4 earlier:

 

we now have the same size cake as we had back in 2008

 

it's just that there are two million more of us wanting a slice

bloody immigrants coming over here wanting our cake

 

 

but some of those immigrants brought sprinkles and there are some I'd be happy to give my icing

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such a simple explanation of the data on Radio 4 earlier:

 

we now have the same size cake as we had back in 2008

 

it's just that there are two million more of us wanting a slice

 

The trouble is that the media tend to not say what the actual figures are or in what currency the GDP is measured in.

 

If the QE and low rates of interest have lowered the value of the pound, then the figures might actually be a false comparison between now and the pre-crash era.

 

The BBC in its creepy attempt not to upset either the coalition or the opposition, seem to make the case that both Osborne and Balls are right, which they cannot be.

 

well quite ..

 

Osborne and  Balls have never been right on anything

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From the Grauniad...

 

The rich want us to believe their wealth is good for us all. As the justifications for gross inequality collapse, only the Green party is brave enough to take on the billionaires’ boot boys.


In Britain, for example, successive governments have privatised any public asset that excites corporate greed. They have cut taxes on capital and high incomes. They have legalised new forms of tax avoidance. They have delivered exotic gifts such as subsidised shotgun licences and the doubling of state support for grouse moors. And they have dug a legal moat around the charmed circle, criminalising, for example, the squatting of empty buildings and most forms of peaceful protest. However grotesque inequality becomes, however closely the accumulation of inordinate wealth resembles legalised theft, political norms shift to defend it.

 

 

 

Clicky

 

 

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The Guardian's sermons from the privileged children of the political elite leave me cold these days.

 

Monbiot enjoyed every privilege that a son of two Tories was heir to; went to posh fee-paying school, got a job with the BBC because of the people his parents knew, and then got a job at the Guardian for exactly the same reasons - middle-class social capital.

 

A path most working class people would think unfair and an insult to the idea of a meritocracy.

 

Once he'd secured his place in the same privileged class as his parents he decided he was a socialist and a Green.

 

So when these people call for revolution, I react the exact same way as I do when spoilt posh women who got their jobs through nepotism, write their daily drivel complaining about the glass-ceiling.

 

His whining is emotive and his rhetoric of envy is impressive but he is definitely not one us and never will be - he's just a posh boy on a permanent 'gep yah'.

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True enough, but it's better than the Sun telling us about a girl's refused NHS boob op, which was the front page today btw.

 

you don't have to buy it :P

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True enough, but it's better than the Sun telling us about a girl's refused NHS boob op, which was the front page today btw.

 

I can believe that but what we really need is enough hard-headed self-interest amongst the electorate to vote in a party which will not panda to the super rich.

 

I can't see it happening, even with Monbiot's encouragement.

 

Given a choice between his socialism and his Green agenda, I am not sure Monbiot would choose socialism.

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The Guardian's sermons from the privileged children of the political elite leave me cold these days.

 

Monbiot enjoyed every privilege that a son of two Tories was heir to; went to posh fee-paying school, got a job with the BBC because of the people his parents knew, and then got a job at the Guardian for exactly the same reasons - middle-class social capital.

 

A path most working class people would think unfair and an insult to the idea of a meritocracy.

 

Once he'd secured his place in the same privileged class as his parents he decided he was a socialist and a Green.

 

So when these people call for revolution, I react the exact same way as I do when spoilt posh women who got their jobs through nepotism, write their daily drivel complaining about the glass-ceiling.

 

His whining is emotive and his rhetoric of envy is impressive but he is definitely not one us and never will be - he's just a posh boy on a permanent 'gep yah'.

So the only people able to display a social conscience without it being written off are those who have never benefitted from any sort of privilege?

If so, it would appear to me that the pool from which valid political opinion may be drawn is evaporating inexorably and at quite a rate, too.

p.s. 'Meritocracy' - yurgh.

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The Guardian's sermons from the privileged children of the political elite leave me cold these days.

 

Monbiot enjoyed every privilege that a son of two Tories was heir to; went to posh fee-paying school, got a job with the BBC because of the people his parents knew, and then got a job at the Guardian for exactly the same reasons - middle-class social capital.

 

A path most working class people would think unfair and an insult to the idea of a meritocracy.

 

Once he'd secured his place in the same privileged class as his parents he decided he was a socialist and a Green.

 

So when these people call for revolution, I react the exact same way as I do when spoilt posh women who got their jobs through nepotism, write their daily drivel complaining about the glass-ceiling.

 

His whining is emotive and his rhetoric of envy is impressive but he is definitely not one us and never will be - he's just a posh boy on a permanent 'gep yah'.

separating out the individual from the paper, none of what you've said about him makes what he's written any less true.

I agree about the Guardian in general having a bit of a preachy, self righteous air in the overall tone of it's coverage of a number of subjects - nevertheless it's still a better paper than most, IMO with plenty of informative articles and analysis. I rarely buy it, but I look at it's internet quite often and there's usually something good to read. I rarely disagree with Monbiot articles and I'm not privileged, posh school and all the rest.

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