1st Labour Tory blow up

[motorbiking]

So they are just going to raise taxes and do nothing of value. Well that was a shock… or not.

 

[SirGalahad]

It’s a nice idea but it’s far from factual. Investment in economic growth does not start with a pay rise for the workers.

If you want economic growth you have to be attractive to investors.

Rubbish, you can invest in infrastucture, education etc which increases GDP as well as lowering costs for investors - who doesn't want better roads for haulage or more train tracks or better trained workers. How attractive were we post war? The Government invested to create growth.

Back to front as always from the "they need us more than we need them" school of economics.

 

[SirGalahad]

So they are just going to raise taxes and do nothing of value. Well that was a shock… or not.

What is of value? Paying staff is not value?

 

[motorbiking]

So where are those?

It depends.

Rubbish, you can invest in infrastucture, education etc which increases GDP as well as lowering costs for investors - who doesn't want better roads for haulage or more train tracks or better trained workers. How attractive were we post war? The Government invested to create growth.

Back to front as always from the "they need us more than we need them" school of economics.

You literally list all the things that aren’t a pay rise. What a clown.

 

[SirGalahad]

It depends.
You literally list all the things that aren’t a pay rise. What a clown.

There is stupid and then there is you. When you invest in say road building - who builds these roads? Robots?

If you don't want to pay people don't complain when there is no demand and people can't afford to buy goods and services.

You need to move on from your retarded understanding of the economy.

They need us more than we need them brigade.

 

[ajohn]

There is money available for flood defences. Bit of a problem. Not enough so no one will build them. Way short.

 

[JohnD]

I think motorbiking took the day off and missed the "causes and cures of recession" class when he did the introductory Economics week.

 

[Mottie]

My European investment, however, is up by 75% plus dividends.
Well done, Europe.

I know which I prefer.

Spoken like a true believer in the U.K. oh, wait….

 

[Mrs Ten Names]

Spoken like a true believer in the U.K. oh, wait….

I wondered why Mottie had been quiet. He's been busy trawling through old posts to find words that he could claim were anti-UK, not that it has anything to do with the topic of discussion, mind. He eventually found a three year old comment that might just fit the bill, if anyone could recall what the topic of the conversation was at that time. (It was about Brexit).
Just Mottie unable to let go, as usual.

 

[festive]

I wonder if biking knows the tools and techniques that a country can use to get out of a recession?

They've been widely known since 1936

Austerity is not one of them.

Nor are tax cuts for the rich.

Let's hear it oh wise one.

 

[motorbiking]

Queue the forum clowns to post pages of leftienomics. Next they will be telling us that trickle down economics doesn't work and at the same time arguing that above inflation pay rises, improve GDP per capita and boost the economy.

 

[carmanmemoranda]

Queue the forum clowns to post pages of leftienomics. Next they will be telling us that trickle down economics doesn't work and at the same time arguing that above inflation pay rises, improve GDP per capita and boost the economy.

You're not going to try and say trickle down economics works?

Go on, let's have a laugh (at you)

 

[Odds]

Yeah, 'trickle down economics' has really made a difference...

JRF analysis of broader trends since the 1970s shows that poverty rates grew rapidly under the Thatcher Government, reaching around a quarter in the mid to late 1990s, and have remained stubbornly high since then. Poverty fell during the first half of the New Labour administration but started to rise after 2005. Overall, poverty has barely moved since Conservative-led Governments took power in 2010, with every year’s poverty rate since then being between 20% and 22%.
JRF.org

While there were a total of 3,194 billionaires worldwide in 2022, a high number of the world's population owns less than 10,000 U.S. dollars. As a result, ... the rich get richer and the poor can go f. themselves, right?
Statista.com

Extreme poverty increases as billionaires’ fortunes balloon by $2.7bn-a-day (£2bn)

The richest 1% of Britons hold more wealth than 70 per cent of Britons

The richest 1% have pocketed $26 trillion (£21 trillion) in new wealth since 2020, nearly twice as much as the other 99 per cent of the world’s population, an Oxfam report reveals today.

 

[Mottie]

He's been busy trawling through old posts t

No trawling required. JohnD's bragging at his prowess with his European investments are legendary. I’m surprised you couldn’t remember them from when you were on here as….who was it at the time?

 

[JohnD]

Queue the forum clowns to post pages of leftienomics. Next they will be telling us that trickle down economics doesn't work and at the same time arguing that above inflation pay rises, improve GDP per capita and boost the economy.

Looks like biking is incapable of embarrassment at his ignorance.