Danny CL

Adjustment for economic growth. As the economy grows (which it did massively under NL), of course we spend more on public services. Inflation is not the same as growth is it? Cant you see that growth was artificially caused by overspending? There fore adjusting for that growth is a totally artificial thing to do. If your quality of life is adjusted by how much you've f**ked onto a credit card the graph would be pretty flat, don't you agree? Marvelous - about 5 minutes in and your comparing one of the biggest economies of the world to somebody using a credit card/ The same principles apply. Every analyst you talk to will tell you the same.

Adjustment for economic growth. As the economy grows (which it did massively under NL), of course we spend more on public services. Inflation is not the same as growth is it? Cant you see that growth was artificially boosted by overspending? Therefore adjusting for that growth is a totally artificial thing to do. If your quality of life is adjusted by how much you've f**ked onto a credit card the graph would be pretty flat, don't you agree?

this is not really the discussion is it. The question is what is best going forward because I think everybody agrees we are in a world of trouble. That trouble occurred under the previous regime. No one can dispute this surely??

This overspend has been going on for years. Even in the good times. The public sector was bloated long before the credit crisis. The crisis was no fault of labour, that is clear but the inability to get their house in order during the good times has certainly made the situation much worse for us. That's just simply not true. The rise under the public sector under Labour was quite modest, and we got the returns in the form of improved services ( I expect you'll disagree but then you can't probably remember the 1980s). Look at any graph of our debt and you will see it was well controlled until the crash when it went sky high over the course of months. It doesn't matter how many times this is said though, you'll just continue ignoring the facts. Surely in the biggest boom ever we should have been putting money aside for a rainy day rather than sustaining debt in the first place. Maybe in a recession proof asset....say gold (oops) but I suppose there is no need, there will be no more boom and bust...oops) This graph sums it up quite nicely for me: Ignoring the facts? That's adjusted for inflation rather than economic growth though isn't it? There was of course a rise in public spending, for instance healthcare doubled in expenditure, but we still spend less per capita on health than most our neighbours and far less than the US. Obviously you want a return to Thatcher's 80s when service provision was pathetic. That's what most tories want after all. These figues are adjusted for inflation what more do you want. I dont give a monkeys, I dont use public services apart from having my bins collected. I would happily pay for health care if my tax burden was reduced.

This overspend has been going on for years. Even in the good times. The public sector was bloated long before the credit crisis. The crisis was no fault of labour, that is clear but the inability to get their house in order during the good times has certainly made the situation much worse for us. That's just simply not true. The rise under the public sector under Labour was quite modest, and we got the returns in the form of improved services ( I expect you'll disagree but then you can't probably remember the 1980s). Look at any graph of our debt and you will see it was well controlled until the crash when it went sky high over the course of months. It doesn't matter how many times this is said though, you'll just continue ignoring the facts. Surely in the biggest boom ever we should have been putting money aside for a rainy day rather than sustaining debt in the first place. Maybe in a recession proof asset....say gold (oops) but I suppose there is no need, there will be no more boom and bust...oops) This graph sums it up quite nicely for me: Ignoring the facts?

This overspend has been going on for years. Even in the good times. The public sector was bloated long before the credit crisis. The crisis was no fault of labour, that is clear but the inability to get their house in order during the good times has certainly made the situation much worse for us.

Based upon what? Market sentiment, protecting the countries credit rating therefore interest cost, foreign investment rising (and the resulting ex rate affect), real measures on cutting the deficit without punishing business with an NI hike. The days of short term fixes seems well and truly over. Britain will be a pretty horrible place to live for the next 5 years, unemployment will rise, house prices will fall but GDP will increase and the deficit will fall. All this is essential for the long term financial health of the country. The prospects under the labour plan would have been a total disaster. We are all in this together, better get used to it. How's GDP going to rise with increasing unemployment? How's the deficit going to be cut with no consumer confidence, falling house prices, and falling tax revenues? As we are part of a global, and in particular, European, recession, how are we going to be attractive investment for for foreign investors, and how can we increase exports? What happens if a death spiral results from politically motivated austerity measures? Market sentiment is that double dip is unlikely now even during the austerity period, there will be growth however weak year on year. Exchange rates being an indicator of foreign investment in the UK (particularly sovereign debt) are in positive territory, all this means we have to pay back less on foreign denominated loans. A death spiral is not particularly likely unless the whole system packs in (in which case you might as well get the tinned food in). much less likely than the prospect of a UK downgrade under the old ideals that would have lead to spiraling interest costs and repayments due to the total destruction of the exchange rate. Increasing unemployment will be mainly from the public sector, with the private sector is expected to grow and take up some of the slack. I keep hearing about the private sector being the answer to all our problems. Well, they didn't even in the good years, so why should that change now under worse economic conditions and continuing reluctance of banks to give companies credit? The knock on effect of all these public sector cut backs onto the private sector is going to be huge as well. The private sector will be as fucked as the public sector. No-one knows how much, if any, growth we will experience during the most savage austerity cuts in decades. If you look at the lower condidence level estimates, it is not inconceivable that a death spiral could result, surely it's not worth taking the risk, and having a more measured adjustment in public fincance and taxation instead? Either way of course it's the North that will be hardest hit, I'm sure you will be alright mate. All in it together my arse. Oh well. There was private sector growth in the good times, however it was artificially inflated by a huge bubble of unsustainable consumer debt and spending. The situation has to normalise. I agree on sensible bank lending, that has to be increased but hopefully as the crises begins to fade that process will occur. Either way something had to be done to go on pumping money in to a bloated public sector for little material gain and making it easier to stay at home than go out and get a job had to stop.

Aye I look like Paul Potts good one. If I looked remotely like Paul Potts, which clearly isn't possible I would actually rather look like that than someone who looks like a street living greasy haired heroin addled unsymettrically faced version of Russell Brand. I find Stevie having a pop at anyone's hair a bit rich. The extremely short back and sides effort he is sporting is even pre the ironic mullet I was expecting from him. Given his age I would say he has probably had the same haircut for about nine years now, possibly even longer. Its weird how some people seem to get stuck at a certain point in their lives and find it impossible to move on. I should imagine his record collection is a combination of early Oasis and possibly some mid-nineties house. I bet he moans about modern bands all sounding the same, whilst drinking stella in his local to wonderwall that he has put on the duke box AGAIN.

Based upon what? Market sentiment, protecting the countries credit rating therefore interest cost, foreign investment rising (and the resulting ex rate affect), real measures on cutting the deficit without punishing business with an NI hike. The days of short term fixes seems well and truly over. Britain will be a pretty horrible place to live for the next 5 years, unemployment will rise, house prices will fall but GDP will increase and the deficit will fall. All this is essential for the long term financial health of the country. The prospects under the labour plan would have been a total disaster. We are all in this together, better get used to it. How's GDP going to rise with increasing unemployment? How's the deficit going to be cut with no consumer confidence, falling house prices, and falling tax revenues? As we are part of a global, and in particular, European, recession, how are we going to be attractive investment for for foreign investors, and how can we increase exports? What happens if a death spiral results from politically motivated austerity measures? Market sentiment is that double dip is unlikely now even during the austerity period, there will be growth however weak year on year. Exchange rates being an indicator of foreign investment in the UK (particularly sovereign debt) are in positive territory, all this means we have to pay back less on foreign denominated loans. A death spiral is not particularly likely unless the whole system packs in (in which case you might as well get the tinned food in). much less likely than the prospect of a UK downgrade under the old ideals that would have lead to spiraling interest costs and repayments due to the total destruction of the exchange rate. Increasing unemployment will be mainly from the public sector, with the private sector is expected to grow and take up some of the slack.

Based upon what? Market sentiment, protecting the countries credit rating therefore interest cost, foreign investment rising (and the resulting ex rate affect), real measures on cutting the deficit without punishing business with an NI hike. The days of short term fixes seems well and truly over. Britain will be a pretty horrible place to live for the next 5 years, unemployment will rise, house prices will fall but GDP will increase and the deficit will fall. All this is essential for the long term financial health of the country. The prospects under the labour plan would have been a total disaster. We are all in this together, better get used to it.

http://www.bbc.co.uk/news/10628641 Could it be that delaying cuts was having the desired effect? Can't imagine the Tories will generate similar stats from their first 3 months in power. I very much doubt it. Think the new government have played a blinder thus far though. There will be pain but there has to be.

The lad claioms to be Irish (I don't think anyone would make that up), a toon fan and 17. I think he's a parody. Probably a balding 47 year old with a lonely life. Mackem with too much time on his hands?

This Kevin seems a very confused character. Maybe prone to bouts over exaggeration? Far be it for me to critisise a NUFC fan on a NUFC forum, he just seems slightly odd.

Ha ha

Winner.

As much as Uri Geller does.

http://houston.indymedia.org/news/2003/12/24394.php So what would you go for? Seems Alcohol is a no so that is the only rule.

Sonning resident iirc I am pretty sure Uri geller wasn't born in Berkshire

What a load of rubbish. There's little left of central Reading that's older than 1980, beyond a couple of churches, Victoria St and a few pubs. Even the train station's been largely remodelled. It's completely soulless, man! Most of West Reading's a sewer iirc and Earley's a giant housing estate. Unemployment was historically low but not everyone has jobs (and I expect the situation's got worse lately). There's also plenty of poor people who live there who'd laugh at your description of the place as some kind of shangri-la. For every place like Henley, which is nice to look at but full of horrible people, there's places like Slough or Didcot just down the road. And Sonning? Don't make me laugh, it's blighted by traffic morning and night and that wanker Yuri Geller lives there. Theale's also a shit hole, completely blighted by the M4 and traffic to Newbury. I think you are confusing a city that has grown from fairly modest beginnings at a unbelivable rate with a town that has deserted its history. Surely Jimmy Page cancels out Uri Geller?

The town weeps. Congrats on the job by the way. who are you working for?

Hi. Not bad. Were you on here when I was last time?

Its OK mate. I am just wondering who's gone wailing and why. I cant change if I dont know who I have offended and why. Last time I was posting you were struggling is all. I know you had that dream of having your own comedy club. I was just showing concern. Glad you got sorted anyway. London is an expensive place to live when you are on the rock and roll.

Its your board fella. Do what you have to do. I will try to wind it in a bit. Was it me asking about fish's employment that did it?

The same polished Bowl you copied exactly? not exactly true Tom, I seem to remember the feedback on here being quite positive. Hasn't got the character of St James' or Ibrox has it? It wont have though will it? Its not a ground that has been added to over the years. I doubt a ground like yours or ours would be allowed under H&S these days.