Jump to content
Wanderers Ways. Neil Thompson 1961-2021

Recommended Posts

Posted

he's not though, he's spouting like a preacher what they should think rather than getting them to engage

 

is that not what all politicians and supporters of specific parties do though?

Posted

Yeah except that Martin Wolf in today's FT doesn't agree, amongst many more, and I suspect he has a basic grasp of economics. He instead takes an honest and balanced view.

 

If you reading the Guardian without an accompanying huge pinch of salt then, well, you won't exactly be getting a fair and balanced representation of views

 

he saw your guardian and raised you a an FT........pow pow

Posted

Classic Keynesian economic theory is spending in down turns to pick the economy up but saving in the good times. The last part of this seems to have been forgotten.

 

Spend when the economy is doing well, spend when it isn't!

 

Literally unbelievable how many people believe this is sensible and sustainable.

Posted

Yeah except that Martin Wolf in today's FT doesn't wholly agree, amongst many more, and I suspect he has a basic grasp of economics. He instead takes an honest and balanced view.

 

If you reading the Guardian without an accompanying huge pinch of salt then, well, you won't exactly be getting a fair and balanced representation of views.

 

Why is a household budget a bad analogy for the economy? Very few analogies are perfect. Why is that one so wrong?

 

http://www.irishtimes.com/business/economy/martin-wolf-uk-recovery-conceals-dire-productivity-growth-1.2193277

 

This? Hardly diametrically opposed is it?

Posted

 

 

No, it's not. It's balanced and fair. I'm not going to throw diamaterically opposed propaganda at you to make a point.

 

Which is why I'd suggest you don't lap up the articles in the Guardian as gospel, either.

 

I was simply proving that somebody 'with a little economic sense' or whatever you called it would not necessarily say that 'austerity' was a disaster. It's absolute nonsense to suggest that everyone with 'any sense' disagrees with it. 

 

FWIW I think Martin Wolf is perhaps Keynesian and might even be anti-austerity, but he's at least able to judge it objectively.

 

 

Don't know how many times Whites Man has to say it. The theory (Gordon Brown always banged on about it) goes that you save when times are good, and spend when they're not.

 

However Labour spent when times were good, we're now in a ton of debt and we can't afford to spend our way out of trouble.

Posted (edited)

No, it's not. It's balanced and fair. I'm not going to throw diamaterically opposed propaganda at you to make a point.

 

Which is why I'd suggest you don't lap up the articles in the Guardian as gospel, either.

 

I was simply proving that somebody 'with a little economic sense' or whatever you called it would not necessarily say that 'austerity' was a disaster. It's absolute nonsense to suggest that everyone with 'any sense' disagrees with it. 

 

FWIW I think Martin Wolf is perhaps Keynesian and might even be anti-austerity, but he's at least able to judge it objectively.

 

 

Don't know how many times Whites Man has to say it. The theory (Gordon Brown always banged on about it) goes that you save when times are good, and spend when they're not.

 

However Labour spent when times were good, we're now in a ton of debt and we can't afford to spend our way out of trouble.

 

What I find weird is you've chosen a man who has described austerity as a disaster to prove a point that not everyone with any sense agrees austerity is a disaster. I rather think you've tied yourself up in knots a bit here.

 

But that aside the Guardian piece was written by an American Professor of Economics who has won the Nobel prize for economic science. Irrespective of it being published in the Guardian, it is still the fact and evidence based opinion of one of, if not the leading economists in the world. The Guardian have published it yes, but it was hardly going to get into the Sun. It may well not be what you want to hear but dismissing something because of where it is published is a bit silly when the author is clearly respected as being a more than credible voice in his field.

Edited by bwfcfan5
Posted

What I find weird is you've chosen a man who has described austerity as a disaster to prove a point that not everyone with any sense agrees austerity is a disaster. I rather think you've tied yourself up in knots a bit here.

 

But that aside the Guardian piece was written by an American Professor of Economics who has won the Nobel prize for economic science. Irrespective of it being published in the Guardian, it is still the fact and evidence based opinion of one of, if not the leading economists in the world. The Guardian have published it yes, but it was hardly going to get into the Sun. It may well not be what you want to hear but dismissing something because of where it is published is a bit silly when the author is clearly respected as being a more than credible voice in his field.

 

Having read it, I'll go along with that.

Posted

What I find weird is you've chosen a man who has described austerity as a disaster to prove a point that not everyone with any sense agrees austerity is a disaster. I rather think you've tied yourself up in knots a bit here.

 

But that aside the Guardian piece was written by an American Professor of Economics who has won the Nobel prize for economic science. Irrespective of it being published in the Guardian, it is still the fact and evidence based opinion of one of, if not the leading economists in the world. The Guardian have published it yes, but it was hardly going to get into the Sun. It may well not be what you want to hear but dismissing something because of where it is published is a bit silly when the author is clearly respected as being a more than credible voice in his field.

 

 

Economics; is it a science?

Posted

Classical theory that you can't increase gdp in the long run by increasing demand and that supply has to prop this up..

 

Simply creating demand by injecting money won't work long term.

 

 

Neither will milliband price cap.. But he's neglecting to tell peopke that.. Road to rack and ruin n all that.

 

Btw that article.. Soon as he argues that countries can simply print more money.. I stopped reading

Posted

Just seen the Green Broadcast

 

Like summat off Not the Nine O'Clock News

 

Freaks

Posted

Just seen the Green Broadcast

 

Like summat off Not the Nine O'Clock News

 

Freaks

I wondered at the end of it where woulc they be getting the money from to carry out their ideas then I realised. Me.

Fucking cranks

Posted

that Raygun woman

 

all the shops eating places drug dealing shops on daubhill have got her poster in

 

and all the houses with big Extentions

no, you daft get, she's yours, we are Bolton west over here and a marginal. Don't read up about her either or you'll just be an angry little man
Posted

no, you daft get, she's yours, we are Bolton west over here and a marginal. Don't read up about her either or you'll just be an angry little man

 

 

Not looking good

 

Big shift from Conservative to UKIP, letting in the World's Worst MP

Posted

Not looking good

 

Big shift from Conservative to UKIP, letting in the World's Worst MP

I said that weeks ago. Those voting for UKIP do they realise it will ensure that Hilling woman is re-elected.
Posted

Well i have Hillings leaflet.

 

Before i wipe my arse on it i had a look at her pledges/lies/bollocks

 

2) Guarantee jobs for unemployed young people.

 

How the fuckery can she say this....impossible claptrap.

 

3) Help parents with cost of childcare with every primary school providing wrap around care 8am to 6pm.

 

Oh aye....no thought on how this will work.. who pays.. where all these people will appear from who are going to have to support it

 

5) Continue to live in Bolton West

 

:lol:. Run out of ideas love?

 

Oh and she is going to secure the future of the NHS by employimg 36000 more frontline staff.

 

Cuckoo.

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.