From today’s Lib Dem News

By Howard of Lib Dem News

Read more by or more about .
This entry was posted in Humour.
Bookmark the web address for this page or use the short url http://ldv.org.uk/30448 for Twitter and emails.
Advert

5 Comments

  • Leviticus18_23 28th Sep '12 - 2:15pm

    He’s only saying what they all think…

  • Richard Dean 29th Sep '12 - 1:01am

    I would like an apology from all those politicians and economists who say that austerity is an answer. I would like an apology for them not explaining why they think this, and then I would like to see their explanation, if any.

    Spain has 25% unemployment and its rulers seek to cut 65 billion euros ($83 billion) from the budget in three years . At say 30,000 euros representative salary, that’s over half a million jobs that will go. France is going for 30 billion euros, and I read that the NHS here is to cut £20 billion, which also means jobs lost, and which doesn’t count savings to be made elsewhere. Why do people think that this is the way forward?

    http://edition.cnn.com/2012/09/27/business/spain-euro-crisis/index.html?hpt=ieu_c2
    http://edition.cnn.com/2012/09/28/world/europe/france-budget/index.html?hpt=ieu_c1

    Austerity leads to reduced employment and so reduced output which means reduced growth. Some infinite series do converge, but no-one is even trying to explain why they think this one will.

  • Helen Dudden 29th Sep '12 - 10:24am

    I know the situation in Spain and it is not good. I fear for those in the who have to live with these cuts and measures.

    There has to be other ways to get things going on the subject of the Euro, I suggested in Madrid for instance, some of the many empty homes could be rented to those who need a home. Brand new homes that have never been lived in, just empty.

    I believe in the EU like quite a few of us, I have an international family I am part French, nothing very new about that. But the problems remain, it seems so hard on those concerned. further hardship seems so cruel to those concerned.

  • Richard,
    it’s not just that politicians and economists who say that austerity is an answer, it’s ordinary people both as voters and as individual agents in the economy who say it.

    If you don’t think your earning potential will stretch to pay off your credit card bill next month then a day shopping for Christmas presents in Old Bond Street isn’t on the cards. Ultimately people vote with their feet.

    That doesn’t mean you can’t go shopping, just that it’s time to concentrate on essentials.

    I agree there’s a strong debate to be had about which areas of government spending are categorised as luxury and essentials, and how changing the balance of emphasis feeds back through production chains.

    To expect leading opinion formers to apologise for responding to the need to encourage the public to change to more economically responsible behaviour patterns however is more than a bit barmy!

    The answer isn’t austerity, nor is it a new New Deal, it’s a balanced judgement.

  • Peter Watson 1st Oct '12 - 12:12pm

    @Oranjepan
    Oh dear, I thought all you clever people had stopped trying to compare a national economy with a household budget and maxed-out credit cards. But sticking with your analogy, I could also try to increase my earning potential by investing a little extra money on stamps and envelopes for job applications then I might be able to afford a trip to Bond Street after all. Or I could invest in an internet connection, shop online instead and then save a bundle. All thanks to a little wise expenditure even in hard times. I totally agree about the need to prioritise such expenditure though, but sometimes it can be better to spend a bit more up front, maybe increasing my debts now, in order to reap the benefits later. Didn’t work with last week’s lottery tickets though :-( and we wouldn’t want the government to be investing in the equivalent of scratchcards.

Post a Comment

Lib Dem Voice welcomes comments from everyone but we ask you to be polite, to be on topic and to be who you say you are. You can read our comments policy in full here. Please respect it and all readers of the site.

If you are a member of the party, you can have the Lib Dem Logo appear next to your comments to show this. You must be registered for our forum and can then login on this public site with the same username and password.

Your email is never published. Required fields are marked *

*
*
Please complete the name of this site, Liberal Democrat ...?

Advert



Recent Comments

  • User AvatarNigel Cheeseman 5th Jul - 6:11pm
    We are currently pursuing a complaint against social services and considering referring one of the professionals who will be a Named Person under this legislation....
  • User AvatarGeorge Potter 5th Jul - 6:11pm
    So much for devolved policy making.
  • User AvatarGeorge Potter 5th Jul - 6:06pm
    And the last time a substantive policy motion was submitted to my regional conference (on transport in the region) it was rejected in case it...
  • User AvatarGeorge Potter 5th Jul - 6:04pm
    @Peter Davies At three years of regional conference in my region we have debated precisely zero real policy motions. What I'm talking about is having...
  • User AvatarSara Scarlett 5th Jul - 5:50pm
    "By the by, Cameron also stabbed Clegg in the back by not very subtly supporting the N2AV." I don't think he "stabbed him in the...
  • User AvatarMavarine Du-Marie 5th Jul - 5:44pm
    "I think both in the Arts, in politics and indeed in most areas of life the danger of not knowing what you don’t know will...
Sun 5th Jul 2015
03:00
Mon 6th Jul 2015
Wed 8th Jul 2015
Thu 9th Jul 2015
Fri 10th Jul 2015
Sat 11th Jul 2015
Sun 12th Jul 2015
Thu 16th Jul 2015
Sat 18th Jul 2015
Sun 19th Jul 2015
Mon 20th Jul 2015
Thu 23rd Jul 2015
Sat 25th Jul 2015
Sun 26th Jul 2015
Mon 27th Jul 2015
Thu 30th Jul 2015
Sat 1st Aug 2015