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Deficit down

Employment highest on record

Created 1.2 million private sector jobs

Tackling welfare

Best corporate tax rates

Wealthy paying more than at any time under labour

Thousands more taken out of tax

Record pensions for oap's

 

And that's as I'm drifting off to sleep.

 

Life's tough thanks to Labour, but at least it's getting dealt with.

 

So on a scale of 1-10, how happy are you with his performance?

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But surely.....    

Roses are red Violets are blue Please vote for Labour Unless you're a Jew

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So on a scale of 1-10, how happy are you with his performance?

 

Like you, I'm not really sure how anyone can really judge his / their performance considering the disaster they are trying to repair is pretty unique.

 

No one will ever be happy with the bit of austerity that effects them.

 

Probably the most unbiased observers are the markets who lend us money and decide whether we are a good risk or not.

 

One certainty however is that Labour do have a track record for fucking up the country's finances.

 

I would certainly dread to think what would happen if the idiots making up the current Labour front bench got in. Be like having the country run by the cast of rainbow.

 

I also know that it's a waste of time discussing this in here because so many are completely entrenched one way or the other.

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I'm sure they will and when they are announced on the six o'clock news as "bare faced lies" then I'll take note.

 

The six o clock news doesn't do that stuff. It reports what each side said. I'm sure they'll have had a labour no on saying it was lies.

 

BBC Shows like more or less, the today show or Panorama spend much more time investigating the truth behind the news reports.

 

If all your views come only from the flagship daily news show you're not a particularly well informed voter.

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The six o clock news doesn't do that stuff. It reports what each side said. I'm sure they'll have had a labour no on saying it was lies.

 

BBC Shows like more or less, the today show or Panorama spend much more time investigating the truth behind the news reports.

 

If all your views come only from the flagship daily news show you're not a particularly well informed voter.

 

Bare faced lying in Parliament is quite a serious thing. I'm sure it will get to the 6 o clock news eventually.

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:lol:

 

Aye, HSBC want what is best for the middle class, not their shareholders.

 

Thinking more of the rating agencies who decide what % we all borrow at.

 

I'm sure you understand that the vast repayments we make as a country would be seriously hit if the markets wernt confident.

 

Extra billions on higher interest rates would have to be cut from somewhere else in the public purse. (Something that directly effects us all, not just the middle classes).

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Thinking more of the rating agencies who decide what % we all borrow at.

 

I'm sure you understand that the vast repayments we make as a country would be seriously hit if the markets wernt confident.

 

Extra billions on higher interest rates would have to be cut from somewhere else in the public purse. (Something that directly effects us all, not just the middle classes).

Austerity cuts don't make them more confident in us, that's been proven already.

 

It's bond traders who determine the rate we borrow at, not ratings agencies. We'd be borrowing less if Osborne had focussed on the economy rather than the accounts. Worst chancellor in living memory.

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Did anyone catch Danny Alexander on C4 news last night? Despite having his Labour equivalent sitting right beside him he refused to debate or interact with her in any way. Once again Gideon sent out the underling to take the flak on live TV.

 

 

Simplistic lo-fi guitar music as protest tool. We really are back in the 80s. :lol:

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Thinking more of the rating agencies who decide what % we all borrow at.

 

I'm sure you understand that the vast repayments we make as a country would be seriously hit if the markets wernt confident.

 

Extra billions on higher interest rates would have to be cut from somewhere else in the public purse. (Something that directly effects us all, not just the middle classes).

 

That'll be why Fitch are saying that the UK are at risk of having their rating downgraded then.

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Like you, I'm not really sure how anyone can really judge his / their performance considering the disaster they are trying to repair is pretty unique.

 

No one will ever be happy with the bit of austerity that effects them.

 

Probably the most unbiased observers are the markets who lend us money and decide whether we are a good risk or not.

 

One certainty however is that Labour do have a track record for fucking up the country's finances.

 

I would certainly dread to think what would happen if the idiots making up the current Labour front bench got in. Be like having the country run by the cast of rainbow.

 

I also know that it's a waste of time discussing this in here because so many are completely entrenched one way or the other.

 

There's no-one more entrenched in your views than you though, despite your ridiculous claims that you're neutral regarding this.

 

You've been proven wrong in this argument, face it. Perhaps a downgrading of our economy (which now looks likely) might get you to admit this, but I doubt it. But you're right, pointless arguing with someone who wont face the reality of the situation we're in.

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That'll be why Fitch are saying that the UK are at risk of having their rating downgraded then.

 

We are always at risk, but there is no denying the excellent position we are in, particularly when we have countries all around us being hammered by high interest rates. I even read somewhere last week that we can now borrow less than Germany ffs.

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We are always at risk, but there is no denying the excellent position we are in, particularly when we have countries all around us being hammered by high interest rates. I even read somewhere last week that we can now borrow less than Germany ffs.

 

Seriously, what Fucking planet are you on.

 

You must be doing your wum act now. It's not remotely funny.

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You dont think its good that we can borrow at lower rates than Germany? Are you mad?

 

I don't think we are in an excellent position. Nobody does, not even Gideon. If you do, its obvious you understand nothing regarding the terrible shape of our economy. Know you have no understanding of the importance of economic growth, without which we're fucked basically.

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Thinking more of the rating agencies who decide what % we all borrow at.

 

I'm sure you understand that the vast repayments we make as a country would be seriously hit if the markets wernt confident.

 

Extra billions on higher interest rates would have to be cut from somewhere else in the public purse. (Something that directly effects us all, not just the middle classes).

 

Rhetoric swallowed good and proper. Rating agencies do not decide at what rate investors will lend to sovereigns, they simply give a view on their credit risk. Ultimately yield is a function of demand and supply and if there aren't many AAAs left then the money has to go to the next best place.

 

What happened when the US lost its AAA ratings? Its rates went LOWER. Because it is such a big issuer there simply wasn't anywhere else to go and it followed the downward pressure of relative safe havens (as seen with negative bund yields)

 

We're in a historic low-rate environment. It's actually the best time for the DMO to issue debt in decades. And don't think that austerity measures are seen as good by investors and spending seen as bad- it's not that simple. That debt has to be repaid some day, which will need productivity and tax revenues to support it- not a moribund zombie economy trying to print its way out of trouble.

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