Britain now officially in double-dip recession

Marky said:
What exactly does a "Double-Dip Recession" mean anyway?

/newb
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Go into recession, come out of recession and then go back in to recession.

Though we aren't really doing either we have just been coasting at 0 growth give or take a couple of .1% points.
 
Lol @ at all those ridiculous estimated GDP figures from the last couple of years. I swear I remember Labour suggesting 2/3% either this year or next.
 
RDM said:
Go into recession, come out of recession and then go back in to recession.

Though we aren't really doing either we have just been coasting at 0 growth give or take a couple of .1% points.
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I suspected that this was the case - I wondered if it was a technical term for a much more advanced financial problem :p Guess it's just a layman's term :p

Sounds like the media are making more of it than it actually is?
 
Marky said:
I suspected that this was the case - I wondered if it was a technical term for a much more advanced financial problem :p Guess it's just a layman's term :p

Sounds like the media are making more of it than it actually is?
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Considering the margin of error that is more than likely involved then yes, pretty much. Though it has more political meaning than economic meaning (as evidenced by this thread!)
 
All the tories have done is implement cuts to Police/Public sector jobs while still spending a fortune of money we don't have.

They tell us "we are in this together" but we all know that is rubbish, privatising the NHS

Most fundamentally, the new Act removes the formal commitment of the Secretary of State for Health to provide healthcare for every man, woman and child in England (it does not apply elsewhere in the UK - yet).

The new law also allows hospitals to earn up to 49% of their revenue from private patients; previously the limit was 2%. Doctors and nurses say this will create a two-tier system, with one queue for the rich and one for the poor, with the rich having priority regardless of the seriousness of their condition. So that’s goodbye to one of the founding principles of the NHS: to supply care based on need, not the ability to pay.
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LibLabCon can go and rot for me, they are all a bunch of inept clueless people spending the money of the hard working tax payer.
 
All major western countries, by the Grecoroman definition, are screwed. Indebted to breaking point. Greece (my country) has broken already (just like the ex soviet states) and the way i see it all EU countries bar Germany will follow with the South starting the dance, it is not solely a financial problem but a resources limitation and twisted POV's on life.

Expect an Untergang worse than the Soviet one, and by the way it is about time for the power shift eastwards, history teach us that societies have a decline, fall and reborn...i guess we have to deal with it
 
It's sort of like a boxer who had a big fight coming up (the cold war) and had to load up on steroids to beat his opponent (Russia).

After he won the fight... he should have come off them and done some post steroid therapy to restore his natural hormones. But he felt so big and strong he didn't want to come off the drugs, in fact he started taking more and more. HA HA look at those other boxers training on such low cyclical doses, or no drugs at all, they are so weak!! What idiots!

Everything is great for a long time but then the hormone receptors start burning out and he notices a loss of strength. Well I better take even more! Now he is strong again for a little while but his strength soon starts to fade.

The doctors tell him he must cut back 50% of his dose or his body will shut down one day. OK! I'll drop the dose by 0.01%. That should do it! Austerity.

Now he is getting very weak, his testicles have shrunk to the size of pinheads and his body can't produce testosterone by itself anymore. Soon all his receptors will be burnt out completely and no amount of steroids will work. That's where we're at.
 
Buchanan0204 said:
If you knew her it would be funnier. Was more the way she said it, like it would solve all the issues and that would be it sorted.

No need to get all uppity on me being attempting to make a ligh hearted comment on a depressing thread.
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I was actually joking - by pointing out how stupid the current plan is, that it's the kind of thing somebody would suggest who hasn't even thought about it. :cool:
 
kwerk said:
It's sort of like a boxer who had a big fight coming up (the cold war) and had to load up on steroids to beat his opponent (Russia).

After he won the fight... he should have come off them and done some post steroid therapy to restore his natural hormones. But he felt so big and strong he didn't want to come off the drugs, in fact he started taking more and more. HA HA look at those other boxers training on such low cyclical doses, or no drugs at all, they are so weak!! What idiots!

Everything is great for a long time but then the hormone receptors start burning out and he notices a loss of strength. Well I better take even more! Now he is strong again for a little while but his strength soon starts to fade.

The doctors tell him he must cut back 50% of his dose or his body will shut down one day. OK! I'll drop the dose by 0.01%. That should do it! Austerity.

Now he is getting very weak, his testicles have shrunk to the size of pinheads and his body can't produce testosterone by itself anymore. Soon all his receptors will be burnt out completely and no amount of steroids will work. That's where we're at.
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This is genius. +1 internet point to you.
 
Don't forget
The Conservatives' slogan "We're all in this together" is "not a cry for help, but a call to arms", he said.

Mr Cameron urged Britons to take part in projects to improve their communities, start up businesses and challenge waste.

"Come on: let's pull together. Let's come together. Let's work together in the national interest," he said.
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Start up a business with magical money from banks, the same banks that were bailed out with tax payers money then giving printed money by the BoE

Challenging Waste! how about stop putting money into the IMF and giving out Aid to Indian, a country with nuclear and space projects!
 
RDM said:
You could have made some effort and did an aggressive and dismissive post rather than just a dismissive one! :D
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Well, to add aggressive in one word I'd have to break the forum rules :p.

I'm not saying Labour are competent, Jesus no... just that it's a bit silly to A = Ignore that the Tory's have been & are just as culpable for the problems of the UK (in part for the damage they did before & in part for what they have done since).

Specifically to blame Labour for UK manufacturing (taking into account Blair just continued neo-liberal policies which Thatcher had laid out along with the direct damage she did to UK manufacturing) is a bit far fetched.

The recession was cased the global financial crisis, not Gordon Brown (regardless of what most of the people on this forum believe).

Take a look at the spending as a % of GDP, compare Labour to Tory's, point out the massive difference outside of the recession please.

I've yet to see any evidence that we (as a nation) would be in any less debt had the Tory's been in power for that entire period.
 
cheets64 said:
All the tories have done is implement cuts to Police/Public sector jobs while still spending a fortune of money we don't have.
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The cuts haven't even started - expenditure is on the rise, debt is on the rise. We're only making dents in capital expenditure at the moment and cutting projected spending increases (still increasing spending, but not as fast).

You haven't seen anything yet.
 
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robgmun said:
Lets not forget that Labour gave up and when the Lib-dems went to them to try to negotiate a coalition they were not interested. They just sat there saying nothing. They knew the next term was going to be poisoned chalice and were very happy for the Tories to get the next term which they knew would be horrible.

Labour - Bunch of Lazy, Stupid, Self-Serving cowards that have no compassion for the people of Britain, trying to shaft as many people as they can to be dependent on Labour as possible so they can stay in power, either by benefits or public sector jobs. Sure the Tories might not get it right all the time, but they care and at least they try to create a stable country we can all be proud of.

To have a go at the Tories when they've only been around for 2 years when they have a economic mountain range to climb set out by 13 years of mis-management and missed opportunities is short sighted and shameful.

Much like how the Labour party was like today at Question Time. Milliband looked like he hasn't slept in a week and was rocking back and forth and on a verge of a nervous breakdown, Ed Ball was sitting there with a retarded look on his face. The whole thing just seems like a game to the Labour party and i hope they don't get to be power for a generation
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the tories care? really? killed manufacturing, sold off all our services etc.

they only care for their voters. as does any party. unfortunately im not super rich so they dont care about me and my family.

im not defending labour as they are equally useless but you do seem to have blue tinted glasses.
 
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