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ARTICLE SUMMARY

Right-wing thinking is going to rescue our living standards

THERE ARE two years until the next general election is likely to be held, but I’ve some news for Labour, Tory and Lib Dem supporters alike: the result is already a foregone conclusion.

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REAL REASON FOR LABOUR LANDSLIDE IN 1997

15.05.08, 11:59am

I AGREE WITH PATRICK'S EXCELLENT ARTICLE APART FROM HIS REASON FOR A LABOUR LANDSLIDE IN 1997.
VOTERS DID NOT VOTE LABOUR IN SO THAT THEY COULD PAY EXTRA TAXES BECAUSE THEY COULD AFFORD IT.
THEY WANTED TO SEE AN END TO THE DISASTROUS JOHN MAJOR YEARS.
WHEN SO MANY FAMILIES LOST THEIR HOMES AND OTHERS CAME PERIOUSLY CLOSE TO DOING SO WHEN THIS INCOMPETENT MISFIT GAMBLED WITH MORTGAGE RATES IN THE ERM FIASCO.
IT WAS BLACK WEDNESDAY THAT BROUGHT NEW LABOUR TO POWER.

• Posted by: ANDREW2 • Report Comment

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LIVING BEYOND OUR MEANS

13.05.08, 7:53pm

I agree with this article. In particular public sector pensions are an unexploded bomb in the public finances which will go off at some point forcing the government to take drastic action. There is a case already for steep cuts in public spending and MPs could set an example by cutting their own salaries, pay, pensions and expenses. After 1929 President Hoover thought that the way to end the US depression was increased government spending and an increase in the money supply (partly ironically to bail out Britain which was at the time addicted to cheap credit!). Hoover failed and the Great Depression was prolonged for eleven years.

• Posted by: panadero • Report Comment

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THE RESCUE OF TSTANDARDS

13.05.08, 7:08pm

Strange, every time good ideas are put forward which offer sanity to a besieged nation, out of the woodwork come the "Camertons" of the dithering classes. Everyone is inept. They're all the same etc. etc. to the point of screaming pointlessness. We've tried one side, for God's sake, throw them out and go to the other. Or simply read some political history and emmigrate to Russia. Just get off our backs.

• Posted by: bluenote • Report Comment

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INFLATION MANIA

13.05.08, 1:53pm

(Gordon Brown) did give the Bank 'operational independence'. They were given responsibility for setting interest rates to achieve the inflation target set by the government. Monetary policy had come of age!

Or did we just give more control to the financial institution that fueled the UK & Global property market boom............

Investors and wannabe investors all lunged at the property market pushing house prices to unsustainable heights this created a bubble that is now leaking very quickly, but the investors that are smart got out first leaving other people washed up.

We have all been here before in the 90's and therefore some of us remember.

Is History repeating itselfor are the writers of the last chapter simply wrote a new one were the people on the ground are left with the bill for the champaighn they drank.

The moral of this is if we make our home base cost expensive then everything else has to to follow and that is a very scary but principle rule in economics.



• Posted by: Dialslider • Report Comment

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£600BILLION TO RUN OUR PUBLIC SERVICES - WHAT BLOODY PUBLIC SERVICES?

13.05.08, 9:57am

The rich become richer. The poor become poorer.

The amount of spin dished-up by Downing Street is mind-boggling.

WHY should MP's care about anyone other than themselves - they know how to line their pockets.

To hell with the rest of us.

Dictator Prudence U-Turn Brown could not care less.

• Posted by: ReubenMohawali • Report Comment

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***EDITED - DO NOT PROMOTE POLITICAL PARTIES***

13.05.08, 9:50am

I don't honestly think that the Tories can be trusted to deliver signifcant cuts in public spending - or indeed any cuts.

For one thing, the Conservative Party's candidates list is chock full of people who think that MPs deserve huge salaries, expense accounts, and pensions. If they can't take their own snouts out of the trough, then don't expect them to make anyone else do the same.

Second, the Tories, for all their hot air on the subject, will never really tackle the problem of immigration. We cannot hope to contain public spending until immigration is contained.

• Posted by: Camerton • Report Comment

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GET THEM OUT NOW

13.05.08, 9:17am

We as a country canot afford to have this incompetant bunch of no hoppers in charge for another two years,there must be an election now.This so called "govenment" have destroyed everything that is good in our land,Blair in my opionion should be tred for treason,as for the moronic brown ,its all guess work with him.Roll on the election sooner rather then later.

• Posted by: joles1234 • Report Comment

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