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Growth up, unemployment down, 2014 is our year.

RLP

RLP

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Morning COMMEADDs.

No doubt you're all aware of the superb economic news from the ONS today, but, if not - growth up to it's highest level since the recession began. This news follows not long after unemployment fell yet again towards the magic 7%, with inflation falling towards the planned 2% as well.

And yet, still, every day on COMMEADD I see whinges against the Conservatives.

Why?

We need to keep Liebour at arms length, never allow them to destroy the economy of this great country again. If anything, we need more austerity to continue to fuel this welcomed growth. Traditional policies are serving us well whilst we cast a glance to the continent knowing what could have been. Their liberal loony experiments are wrecking their economies and causing untold damage to their culture. We must ignore the pressures of Liberalism and continue what has served us so well this year - more privatisation of public institutions, more private sector jobs, cuts to welfare, cuts to red tape - especially to stop this ridiculous notion of more women in the board room, bring in an anti-protest law, more reserve money available to banks in order to lend, longer roll out of help to buy and other housing market stimulus opportunities.

I must say I've been very impressed with the Conservatives lately. They might, just might, have re-won my vote back from UKIP next year. If they continue their performance in office up until the Summer next year, they should have yours.
 
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RLP said:
I must say I've been very impressed with the Conservatives lately. They might, just might, have re-won by vote back from UKIP next year. If they continue their performance in office up until the Summer next year, they should have yours.
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I'd love to switch my vote, but they'll have to demonstrate that they can take a harder stance on immigration in order to persuade me.

Otherwise, hear, hear!
 
I actually think there should be an open door policy on immigration. Immigration allows business access to a cheap and diversified labour force, which can only help encourage strong growth. We're in a globalised world now, we either compete against cheaper, brighter workforces or we work with them. I actually think the cabinet think like this too, but it's not really a policy you can sell to the less intelligent of our contingent, shall we say.
 
4 out of 5 new jobs created in the private sector were in London, great if you live there.
How many of these jobs are part time or zero hours? Tories always saying how they are there for hard working families. Well those hard working families are getting the same pay they have for years and because their wages are so low they still find themselves having to claim benefits.
So great, taxpayer still has to support people in work because their greedy bosses won't pay them more.
Unemployment figures don't include lots of folk placed on courses or 'apprenticeships' paying them £2.68hr.
I wouldn't say that the average person on the street is feeling that things are getting better for them.
I'm no fan of Labour either as they can't be trusted to run a piss up in a brewery.
 
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i agree that the conservatives seem to make a better job of running the economy than labour who have allways tended to massively overspend. When the times were good they didnt create a surplus but took us billions of pounds into the red. That's one of the few things i think the tories seem to know how to manage better than Labour.

The 'reduce the deficit' policy allways made sense, even though Labour allways argued strongly against it, Labour have been proved wrong. Any householder knows that the way to get your self out of financial trouble is not to keep on borrowing more and more but to tighten the belt, so to speak. I know fuck all about economics but it seems to me the same principles would apply to both scenarios. You get your debts down, you dont have so much interest to pay on your debts, things gradually improve and eventually turn the corner.
 
RLP said:
I actually think there should be an open door policy on immigration. Immigration allows business access to a cheap and diversified labour force, which can only help encourage strong growth. We're in a globalised world now, we either compete against cheaper, brighter workforces or we work with them. I actually think the cabinet think like this too, but it's not really a policy you can sell to the less intelligent of our contingent, shall we say.
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Dangerously neoliberal, old bean...
 
Tories doing such a great job that we now have over 1000 food banks and the British Red Cross is having to help people in this country for the first time since the war.
 
A good indication of entrepreneurialism, no? Supply and demand, a market to be filled. Britain is not only working again, we're at the forefront of new business.
 
RLP said:
I actually think there should be an open door policy on immigration. Immigration allows business access to a cheap and diversified labour force, which can only help encourage strong growth. We're in a globalised world now, we either compete against cheaper, brighter workforces or we work with them. I actually think the cabinet think like this too, but it's not really a policy you can sell to the less intelligent of our contingent, shall we say.
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Which bosses of companies would just love as it means they can continue to pay minimum wage and let the taxpayer pick up the difference.
 
RLP said:
A good indication of entrepreneurialism, no? Supply and demand, a market to be filled. Britain is not only working again, we're at the forefront of new business.
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Except manafacturing is still down 8.2% from 2010
 
maxalfie said:
Which bosses of companies would just love as it means they can continue to pay minimum wage and let the taxpayer pick up the difference.
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Exactly. Which is why the OP thinks the government secretly feel that way too.

Because its a well-managed economy for the rich.

Tax at 90% and burgle their houses.
 
Sweden did once tax the very wealthiest of its population at 90% or 95% i believe. I read that about that in connection with the 70s megastars ABBA and how they were not overjoyed at having 95% of their earnings taken from them. Some rich people are good for the economy, they have wealth to spend, and can start up businesses to create jobs. I dont think they should be taxed any higher than 50% or they will just take their money and their businesses elsewhere.

Hence the Philip Greens and Phil Collins and Stings etc of this world, all emigrating, or using their wives names in tax havens like Monaco so as to avoid paying tax alltogether. If they had been taxed less they might have stayed and contributed to this countrys wealth. It's a difficult balancing act, one that's hard to get right.
 
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maxalfie said:
Except manafacturing is still down 8.2% from 2010
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Manufacturing is old news. If the economy is improving overall, with unemployed down to boot, does it really matter if a subset of the overall picture isn't doing well?

It's a bit like surviving a car crash with some excellent paramedical support, yet you're concerned about the tooth ache sustained in said crash.

Manufacturing is mostly in the heartlands of the feckless and workshy anyway, is it any wonder it's down?
 
Surprised anyone still thinks party politics means anything. You think if Labour had been in power for the last few years things would have been any different?

Some rich people are good for the economy, they have wealth to spend, and can start up businesses to create jobs.
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Is that the way it really works though? Maybe you've met or experienced some rich folk with a different mentality, but generally business owners I've met want as much work doing with as few people for as little pay as they can get away with. I've always thought it's the general population, their wants and financial situation that drives the economy and creates jobs, not the other way round. It's not like if every rich cunt left these shores we'd all be scratching our heads wondering what to do with ourselves.
 
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im really not sure about that. If the "brain drain" continues then all our brightest or most entreprenurial people will fuck off elsewehere, save for a few socialist 'captains of industry' if thats not an oxymoron, it would be a problem. Big businesses do need people that know how to run them and these are the big bosses on the big bucks.
 
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mydrugbuddy said:
. I dont think they should be taxed any higher than 50% or they will just take their money and their businesses elsewhere.
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With respect MDB, you don't 'think' this. You are just regurgitating a threat as old as capitalism itself. The first person who ever said this to me was a hospital cleaner, a really poor hard-worked old woman on low wages. She was genuinely shit-scared of this threat. And guess what? She hadn't thought it up for herself either.

The rich that are leaving have already left and we should pursue their tax-haven bank accounts like hungry lions. The rest are parochial Little Englanders and we wouldn't have to chase them past Dover.
 
Deffo voting Tory next time. Haven't voted for years due to feeling disenfranchised (a la Russell Brand), but I'm gonna make the effort this time round. We can't risk losing Iain Duncan Shit. Fuck no.


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(remaining awesome new wildlife shots here in the guardian best of this weekhttp://www.theguardian.com/environment/gallery/2014/jan/28/green-shoots-winter-photographs)
 
ok i didnt come to that conclusion through studying the evidence and weighing it up. As a statement it appears to me to be a reasonable assumption though. If taxes for the rich were increased, more rich people would leave. I do think that. It's just common sense. If you could keep 80% of your earnings in another country but had to loose 90 % of them if you stayed here what would you do ? Well you might stay here, but you would be in a very rare minority of patriotic philanthropists, i know that i wouldnt stay here if i was ever to find myself in that position.
 
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