March in London on the 26th?

dante6491 · 25 Mar 2011 at 22:32

amigafan2003 said:
Who said anything about violence? It's planned as a peaceful protest.

Slap a tenner on the table that there will be no violence then.

PermaBanned · 25 Mar 2011 at 22:32

dante6491 said:
You propose to increase growth rates by keep on running a deficit and increasing our debt levels? That would lead to higher Interest Rates and slower debt repayment. Of course with debt repayments already surpassing the total spent on education what is a few billion more right?

You do realize that there is more debt in the world than money, right?

Luseac · 25 Mar 2011 at 22:35

scorza said:
How do you suppose debt is paid down when there's little or no growth? There are three factors in deficit reduction, spending, taxation and growth. Of these growth is the most important.

Further cuts.

dante6491 · 25 Mar 2011 at 22:35

Superewza said:
You do realize that there is more debt in the world than money, right?

There is more money than there is physical cash too. Why should global debt levels mean anything to do with what this government is trying to do? Why can't they set an example, buck the trend, try to maybe spend money efficiently. Foreign concept for most union member I know, but kind of makes sense.

PermaBanned · 25 Mar 2011 at 22:37

dante6491 said:
There is more money than there is physical cash too. Why should global debt levels mean anything to do with what this government is trying to do? Why can't they set an example, buck the trend, try to maybe spend money efficiently. Foreign concept for most union member I know, but kind of makes sense.

Take all the money, physical or not, and pay off as much debt as you can with it. You're still in massive debt. What the **** sort of difference do you think ruining living conditions for the working classes in one more country is going to make?

Macro · 25 Mar 2011 at 22:37

amigafan2003 said:
Who said anything about violence? It's planned as a peaceful protest.

...that's not what he said. I planned to be an astronaut and marry a model and we all know that's not What is actually going to happen either.

scorza · 25 Mar 2011 at 22:38

dante6491 said:
You propose to increase growth rates by keep on running a deficit and increasing our debt levels? That would lead to higher Interest Rates and slower debt repayment. Of course with debt repayments already surpassing the total spent on education what is a few billion more right?

I proposed nothing of the sort. All I'm saying is that it would be foolish to believe that the current way, Osborne's way, is the only way.

Interestingly yesterday Moody's warned that the outlook for Britain's credit rating was deteriorating as a result of a bleaker growth prospects.

[TW]Fox · 25 Mar 2011 at 22:38

Superewza said:
Take all the money, physical or not, and pay off as much debt as you can with it. You're still in massive debt. What the **** sort of difference do you think ruining living conditions for the working classes in one more country is going to make?

You realise the aim isn't to pay off the national debt, right?

dante6491 · 25 Mar 2011 at 22:40

Superewza said:
Take all the money, physical or not, and pay off as much debt as you can with it. You're still in massive debt. What the **** sort of difference do you think ruining living conditions for the working classes in one more country is going to make?

You are basically arguing you should propagate a wrong. It would be like supporting Gadaffi. Why the hell can't the government try to make things better? The poverty gap increased under labour yet I can't recall any demonstrations then.

The saddest thing of all is the government wants to roll spending back to 2007 levels. What was your 2007 like? Mine was pretty damn sunny.

[TW]Fox;18756441 said:
You realise the aim isn't to pay off the national debt, right?

I hope that is a side effect of it though.

scorza · 25 Mar 2011 at 22:42

Luseac said:
Further cuts.

Doesn't work like that I'm afraid old boy - all you'll achieve is even less growth. Consider if I stopped spending money tomorrow, but this meant I also stopped working - would I be able to pay off my mortgage?

robgmun · 25 Mar 2011 at 22:43

amigafan2003 said:
200,000 obviously do and the associated trade union members who can't attend for whatever reason do as well.

oh great 0.4% of the population then :rolleyes:

Westyfield2 · 25 Mar 2011 at 22:47

Joy. Trade Unions in being stupid shocker

. Why haven't we banned them yet?

Some lecturers at Uni were on strike yesterday, something to do with final salary pensions. My response? "Thought final salary pensions scrapped years ago, well they should have been. That's why my generation's gonna have to work until we drop... paying for your stupid public sector pensions".

PermaBanned · 25 Mar 2011 at 22:48

Westyfield2 said:
Joy. Trade Unions in being stupid shocker . Why haven't we banned them yet?

You tried

daver · 25 Mar 2011 at 22:48

Would be great if there could be some sort of 'signal failure' in the greater london area and all the trains have to be 'diverted' into sidings for 6 hours or so.

[TW]Fox · 25 Mar 2011 at 22:50

scorza said:
Doesn't work like that I'm afraid old boy - all you'll achieve is even less growth. Consider if I stopped spending money tomorrow, but this meant I also stopped working - would I be able to pay off my mortgage?

So have you managed to work out a huge flaw in the deficit reduction plan that nobody in control has managed to notice, or is it possible you just don't really understand how it works?

If you stopped spending money tommorrow but continued working, you'd have more money to spend on paying your mortgage.

scorza · 25 Mar 2011 at 22:56

[TW]Fox;18756518 said:
So have you managed to work out a huge flaw in the deficit reduction plan that nobody in control has managed to notice, or is it possible you just don't really understand how it works?

If you stopped spending money tommorrow but continued working, you'd have more money to spend on paying your mortgage.

This may have slipped past your considered analysis of the economy, but this week's budget the chancellor said his three priorities were growth, growth, growth. I don't believe I am the only one who has spotted that you can't reduce the deficit and the debt without growth.

PermaBanned · 25 Mar 2011 at 22:56

[TW]Fox;18756518 said:
So have you managed to work out a huge flaw in the deficit reduction plan that nobody in control has managed to notice, or is it possible you just don't really understand how it works?

If you stopped spending money tommorrow but continued working, you'd have more money to spend on paying your mortgage.

But you wouldn't live long enough to enjoy it, that's the whole point!

Von Smallhausen · 25 Mar 2011 at 22:56

amigafan2003 said:
Well, it might not be an issue as about 400 officers have currently refused to police the march with more "defecting" by the minute, so it might cost nothing in the end!

Any links for that ?

Disobeying lawful orders will result in disciplinary action and taking industrial action or instigating it is a potential criminal matter for police if they take part.

Luseac · 25 Mar 2011 at 22:58

scorza said:
Doesn't work like that I'm afraid old boy - all you'll achieve is even less growth. Consider if I stopped spending money tomorrow, but this meant I also stopped working - would I be able to pay off my mortgage?

The less money we spend on servicing debt and proping up the public sector the more money there will be in the long run. Pretty simple really. The idea growth is dependent on the public sector from recycled money is why we are in this mess.

[TW]Fox · 25 Mar 2011 at 23:02

scorza said:
I don't believe I am the only one who has spotted that you can't reduce the deficit and the debt without growth.

growth and a reduction in spending.

Not growth and retention of massive amounts of spending.