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 Stirlingsays  02 Mar 21 9.33pm |
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Taxes will be going up and that's obvious.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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| Eaglecoops CR3 02 Mar 21 10.39pm |
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Originally posted by Stirlingsays
Taxes will be going up and that's obvious. That will keep CP happy. Oh, I thought you said taxis.
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| Stirlingsays 02 Mar 21 10.59pm |
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Originally posted by Eaglecoops
That will keep CP happy. Oh, I thought you said taxis. It's always going up in fake taxi that's for sure.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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| DanH SW2 03 Mar 21 11.20am |
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Originally posted by cryrst
Reduce corporation tax is the way forwards. Consumption and investment both need to be encouraged at the moment until growth is back in a stronger position and that's when taxes should go up. Keeping all taxes as low as possible until that is the case is the sensible approach. Any tax hikes in this budget are political rather than due to economics.
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| steeleye20 Croydon 03 Mar 21 3.07pm |
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He must be desperate if he thinks freeports will be much cop. They were trialled here with nothing particular in favour, you are probably losing jobs rather than making them. Also they allowed in the EU, so they are not a benefit of brexit. Budgets seem like an accounting fiddle to me, I never think they will make much difference. An Attlee style post-war reset is about as likely as us winning 8-0 tonight. I can dream......
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| Stirlingsays 03 Mar 21 4.26pm |
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Originally posted by steeleye20
He must be desperate if he thinks freeports will be much cop. They were trialled here with nothing particular in favour, you are probably losing jobs rather than making them. Also they allowed in the EU, so they are not a benefit of brexit. Budgets seem like an accounting fiddle to me, I never think they will make much difference. An Attlee style post-war reset is about as likely as us winning 8-0 tonight. I can dream...... Never forget that Attlee did that with Marshall plan American money...which we don't have. Unless like Dan you just think we can endlessly borrow it all and continually grow to offset it.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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ASCPFC  Pro-Cathedral/caravan park 04 Mar 21 10.48am |
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More mouthing off from the EU lackeys:
Red and Blue Army! |
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| DanH SW2 04 Mar 21 11.04am |
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Originally posted by Stirlingsays
Never forget that Attlee did that with Marshall plan American money...which we don't have. Unless like Dan you just think we can endlessly borrow it all and continually grow to offset it. Economic theory as based on centuries of empirical evidence = wrong. Stirling's opinion formed in his own underground shelter based on his loose understanding of how things work and his thoughts on how things *should* work in his own mind = correct. An unserious man.
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| Badger11 Beckenham 04 Mar 21 11.16am |
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You would have thought that the message would have got through to the Irish by now (maybe the voters certainly not the politicians) . The EU is quite happy to throw them under the bus in pursuit of it's vendetta against the UK. Irish fishing has been decimated and they have made importing and exporting goods a lot harder for the Irish, thanks EU.
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| ASCPFC Pro-Cathedral/caravan park 04 Mar 21 11.20am |
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Originally posted by Badger11
You would have thought that the message would have got through to the Irish by now (maybe the voters certainly not the politicians) . The EU is quite happy to throw them under the bus in pursuit of it's vendetta against the UK. Irish fishing has been decimated and they have made importing and exporting goods a lot harder for the Irish, thanks EU. The politicians are paid off, increasingly the people are fed up with them. Irish people tend to only get pushed so far. My guess is next election Sinn Fein. Arguably the most anti-EU party, but of course anti-UK too. Hard Times, fun times, who knows?
Red and Blue Army! |
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| Stirlingsays 04 Mar 21 12.56pm |
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Originally posted by DanH
Economic theory as based on centuries of empirical evidence = wrong. Stirling's opinion formed in his own underground shelter based on his loose understanding of how things work and his thoughts on how things *should* work in his own mind = correct. An unserious man. What irritates me is that you accuse me of ignorance and arrogance when your own statements appear to show little more detail than GCSE level understanding. My position is supported in the economic world probably at levels higher than your apparent one. The economic theory of centuries does not support your 'just borrow' and MMT approach as ok. There are countless examples where excess borrowing has ruined economies: from Argentina to Germany itself. Interest rates change Dan and are governed by global events outside our exclusive economic control. You ignore the truth that economies are built completely on confidence. That confidence is that repayment will actually be guaranteed on debt and that requires an economy that outperforms it. It's important to note that it's not just government debt that's the problem either. Personal and corporate debt are at unstainable levels and this also has to lower which will affect people's wealth just as much if not more. As I stated at the beginning....and it still remains true. The position of people like you is that of a tightrope walker predicting that no gust of wind will ever blow him off his rope. Our current debt to GDP is at levels not seen outside of world conflicts and the evidence of the past is that an upward curve is not sustainable. It has to move downwards not upwards for economies to work. I will attach the stats that show that economists throughout the ages have understood this. The graph doesn't show the years since 2008 but I understand we are up at WW2 debt levels now. The statistics show that after both world conflicts debt levels reduced significantly compared to before. These levels took many decades to come down to good levels and the affect upon and the common man (you know those your politics lies that it cares about) wasn't wonderful.....and that's in times where the welfare burden was nothing...I repeat nothing compared to today. Personally I think our GDP will perform reasonably compared to our competitors however for this decade it won't save us from coming economic burdens. The future is a gathering momentum of economic hardship for the majority unless something in this picture changes. Only technology (which politicians rely upon) can offset it.....Can AI and automation save modern economies....In my view that will take time and until then vulnerable people are going to suffer before and during transitionary phases. And people like you just fool yourselves and others....like your idea that taxes don't need to increase. You completely ignore the very real difficulties and problems concurrent with your approach within the modern context. When the truth is that economically this decade will be more like the fifties than the nineties for most. But everything's going to be ok in Dan's 'fantasy economics' universe.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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Attachment: | Matov 04 Mar 21 2.01pm |
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Originally posted by Badger11
You would have thought that the message would have got through to the Irish by now (maybe the voters certainly not the politicians) . The EU is quite happy to throw them under the bus in pursuit of it's vendetta against the UK. Irish fishing has been decimated and they have made importing and exporting goods a lot harder for the Irish, thanks EU. What makes me smile is the EU have not even ratified the treaty and now they want to play silly buggers over it? To be fair, the border in the Irish sea should never have been implemented. There should be zero controls on any goods between Northern Ireland and the mainland and shame on Boris and co for even countenancing such a move. But the EU have shown how unwilling they are to make it actually work so might as well tear it up altogether. Now is the time to declare the 'deal' with the EU dead and buried. Announce that we are not intending to put up any border infrastructure between us and the ROI. If they want to mess about with our exports to them then let them. It is a minuscule amount over that border anyway. And since they are pissing us about as it is on the various borders, lets at least have some equivalency. Then we go zero tariffs on all non-EU agricultural items and let the world send us its produce. Let's not piss about anymore. A genuine trade reset is happening anyway thanks to Covid so lets actually make it happen. Pleased to see Lord Frost is setting his stall out nice and early.
"The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command." - 1984 - George Orwell. |
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