Poll: Poll: Prime Minister Theresa May calls General Election on June 8th

Who will you vote for?

  • Conservatives

  • Labour

  • Lib Dem

  • UKIP

  • Other (please state)

  • I won't be voting

Results are only viewable after voting.
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dowie said:
in the short term

in the long term more debt means more interest and more of your budget spent servicing it - basically getting your kids and grandkids to pay
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Only if the money spent doesn't increase growth to outstrip the repayments whilst inflation reduces the value of the debt

not to mention that if you get to the point where others perceive you have 'too much' debt then further borrowing becomes rather more difficult and you may need to not just reduce the deficit but try to eliminate it and that really would lead to services being screwed...
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Of course it can get out of hand, but we dont seem to be anywhere near that point, even with our what, 1.75 trillion debt and even through the financial crash our gilts were all bought at a low yield since they were deemed as safe as anything on the market.

The main issue we do have with such a high debt (which to be fair we are never going to pay off within the next few hundred years) is the amount of interest we are paying, which is not insignificant, but it's here to stay irrelevant of the deficit - as even when they were aiming for a surplus it was negligible and wouldn't have even scratched the debt
 
The cleverest (and dishonest) thing the Tories have done over the last 8 or 9 years is to convince voters that national debt is analogous to household debt and needs to be dealt with the same way.
 
Freakbro said:
Of course it can get out of hand, but we dont seem to be anywhere near that point, even with our what, 1.75 trillion debt and even through the financial crash our gilts were all bought at a low yield since they were deemed as safe as anything on the market.
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and one of the main reasons we're deemed safe is because of the cuts/austerity implemented by the coalition/Tory govts after the crash - we have a large amount of debt but it isn't currently an issue for us as the markets have confidence in us - that could easily change
 
amigafan2003 said:
The cleverest (and dishonest) thing the Tories have done over the last 8 or 9 years is to convince voters that national debt is analogous to household debt and needs to be dealt with the same way.
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That was Osbornism - it remains to be seen whether Phillip Hammond will follow suit. Everything I've seen so far suggests to me that Hammond is a competent administrator with some good ideas forthcoming once he's freed from the burden of Osbone's manifesto.
 
scorza said:
That was Osbornism - it remains to be seen whether Phillip Hammond will follow suit. Everything I've seen so far suggests to me that Hammond is a competent administrator with some good ideas forthcoming once he's freed from the burden of Osbone's manifesto.
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Like VAT and tax rises? Which is what he seems to be having rows about with May's team.
 
dowie said:
and one of the main reasons we're deemed safe is because of the cuts/austerity implemented by the coalition/Tory govts after the crash - we have a large amount of debt but it isn't currently an issue for us as the markets have confidence in us - that could easily change
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Well, that's what the Tories will tell you, then you get the other half the people saying we didn't implement any cuts/austerity anyway, and certainly not in a meaningful way

And even now with the debt the size it is, we have officially abandoned the "austerity" program and it hasn't hit market confidence in us at all.
 
scorza said:
That was Osbornism - it remains to be seen whether Phillip Hammond will follow suit. Everything I've seen so far suggests to me that Hammond is a competent administrator with some good ideas forthcoming once he's freed from the burden of Osbone's manifesto.
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Doesn't sound like he's going to be long in the job though..

Theresa May has refused to say whether Philip Hammond would remain as chancellor if the Tories are returned to power.

Asked at a Conservative event in London about the chancellor's future, the prime minister said that her focus was 8 June.
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Hardly a ringing endorsement by our dear Fuhrer there
 
Freakbro said:
Doesn't sound like he's going to be long in the job though..



Hardly a ringing endorsement by our dear Fuhrer there
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I would agree. With his NI rise in the last budget on self employed which he had to back track on and the reported daily falling outs with them swearing at each other, clearly the direction Hammond wants to go with the economy isnt the same one that Theresa wants to go and I can see he will be the first casualty post election.

Which will be a shame as I rate him actually and would like to see what he would do with his hands untied but clearly with power mad control freak in charge, that wont happen.
 
VincentHanna said:
.....

Who is this guy? 58 subscribers?

I'd rather listen to a professional analyst, than a random YouTuber with obvious bias.

Case in point, putting Diane Abbots image on screen when he says he will use labours estimates...
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The guy is me :p

I have a bias obviously, but I try to give a fairly objective viewpoint, I could have raved on about a few of the policies that I don't like for much longer than the total time of the video.
 
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Uther said:
I'm actually surprised that the Lib Dems are not doing a lot better, considering brexit is the most important thing, the angst in the brexit thread, and what a 'terrible idea' it is to leave the EU, what with the Lib Dems being the only party to say they wouldn't leave. If 48% of the population don't want to leave the EU (supposedly higher now) then I wonder why the Lib Dems don't have at least 48% of the vote...
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I'll only speak for myself but I actually voted against Brexit and continue to believe that leaving is a mistake. However, I believe that having democratically voted on the issue, the result should be respected. I was actually quite gratified to see that I'm far from alone in that in a recent poll. I think it speaks well of people's principles even though I'm sorry we lost.
 
Uther said:
I'm actually surprised that the Lib Dems are not doing a lot better, considering brexit is the most important thing, the angst in the brexit thread, and what a 'terrible idea' it is to leave the EU, what with the Lib Dems being the only party to say they wouldn't leave. If 48% of the population don't want to leave the EU (supposedly higher now) then I wonder why the Lib Dems don't have at least 48% of the vote...
I actually find it hilarious that the people who are complaining bitterly about brexit are voting for the party that gave them brexit!
Strong and stable eh...
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I think this gives some insight into why the lib dems are benefiting from their stance on brexit.

JuMXrpQ.jpg
 
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