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Effects of Austerity Cuts part 58
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nickgusset  Shizzlehurst 10 Jul 14 10.15pm |
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Quote matt_himself at 10 Jul 2014 10.10pm
Quote nickgusset at 10 Jul 2014 9.58pm
Austerity is working- debt's up and the deficit is growing again... Keep up the good work George.
You don't know the difference between the trade deficit and the budget deficit!!! You spout all this stuff and haven't got a clue what you are talking about. You didn't know the difference between deficit reduction and debt reduction and now this. May I suggest that you try understanding what you are banging on about before you post it here?
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 matt_himself Matataland 10 Jul 14 10.20pm |
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Quote nickgusset at 10 Jul 2014 10.15pm
Quote matt_himself at 10 Jul 2014 10.10pm
Quote nickgusset at 10 Jul 2014 9.58pm
Austerity is working- debt's up and the deficit is growing again... Keep up the good work George.
You don't know the difference between the trade deficit and the budget deficit!!! You spout all this stuff and haven't got a clue what you are talking about. You didn't know the difference between deficit reduction and debt reduction and now this. May I suggest that you try understanding what you are banging on about before you post it here?
I was mocking you for not knowing what the trade deficit is and what the budget deficit is. You really need to read about economics. Stop making ridiculous jibes about things I haven't said and focus on learning about what you are talking about.
"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02 |
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| nickgusset Shizzlehurst 10 Jul 14 10.23pm |
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Quote matt_himself at 10 Jul 2014 10.20pm
Quote nickgusset at 10 Jul 2014 10.15pm
Quote matt_himself at 10 Jul 2014 10.10pm
Quote nickgusset at 10 Jul 2014 9.58pm
Austerity is working- debt's up and the deficit is growing again... Keep up the good work George.
You don't know the difference between the trade deficit and the budget deficit!!! You spout all this stuff and haven't got a clue what you are talking about. You didn't know the difference between deficit reduction and debt reduction and now this. May I suggest that you try understanding what you are banging on about before you post it here?
I was mocking you for not knowing what the trade deficit is and what the budget deficit is. You really need to read about economics. Stop making ridiculous jibes about things I haven't said and focus on learning about what you are talking about. So now the trade deficit isn't widening. I'll get onto the standard and let them know. Or you could just acknowledge that the trade deficit is widening and perhaps that the austerity experiment isn't that good.
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| BobRoberts Croydon 10 Jul 14 10.31pm |
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Nick - you got it wrong the correct response would have been - yep hands up school boy error on my part. The reason the trade deficit is widening is we are growing more demand, good news. The article also mentions the strong pound. This makes exporting harder, but the strong pound means traders are confident in our economy hence buying sterling. Indeed - well done George.
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| matt_himself Matataland 10 Jul 14 10.32pm |
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Quote nickgusset at 10 Jul 2014 10.23pm
Quote matt_himself at 10 Jul 2014 10.20pm
Quote nickgusset at 10 Jul 2014 10.15pm
Quote matt_himself at 10 Jul 2014 10.10pm
Quote nickgusset at 10 Jul 2014 9.58pm
Austerity is working- debt's up and the deficit is growing again... Keep up the good work George.
You don't know the difference between the trade deficit and the budget deficit!!! You spout all this stuff and haven't got a clue what you are talking about. You didn't know the difference between deficit reduction and debt reduction and now this. May I suggest that you try understanding what you are banging on about before you post it here?
I was mocking you for not knowing what the trade deficit is and what the budget deficit is. You really need to read about economics. Stop making ridiculous jibes about things I haven't said and focus on learning about what you are talking about. So now the trade deficit isn't widening. I'll get onto the standard and let them know. Or you could just acknowledge that the trade deficit is widening and perhaps that the austerity experiment isn't that good. The trade deficit is different from the budget deficit. The budget deficit is what the government introduced austerity to try to reduce. To put it simply, and better economic minds than I will be able to elaborate, the budget deficit is when the government spends more money than it raises through taxes and has to borrow to close the gap between income and spending. The trade deficit is when a country imports more goods or services than it exports. The latter is largely controlled by the manner in which companies operate, as companies consume the largest proportion of imported goods and services, whether they are British owned (for example Marks and Spencer) or foreign owned (for example BOC). The trade deficit has widened but you linking it to austerity is misguided. The trade deficit can widen during times of producing a budget surplus (this happened in the US during the Clinton administration).
"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02 |
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| nickgusset Shizzlehurst 10 Jul 14 10.48pm |
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Quote matt_himself at 10 Jul 2014 10.32pm
Quote nickgusset at 10 Jul 2014 10.23pm
Quote matt_himself at 10 Jul 2014 10.20pm
Quote nickgusset at 10 Jul 2014 10.15pm
Quote matt_himself at 10 Jul 2014 10.10pm
Quote nickgusset at 10 Jul 2014 9.58pm
Austerity is working- debt's up and the deficit is growing again... Keep up the good work George.
You don't know the difference between the trade deficit and the budget deficit!!! You spout all this stuff and haven't got a clue what you are talking about. You didn't know the difference between deficit reduction and debt reduction and now this. May I suggest that you try understanding what you are banging on about before you post it here?
I was mocking you for not knowing what the trade deficit is and what the budget deficit is. You really need to read about economics. Stop making ridiculous jibes about things I haven't said and focus on learning about what you are talking about. So now the trade deficit isn't widening. I'll get onto the standard and let them know. Or you could just acknowledge that the trade deficit is widening and perhaps that the austerity experiment isn't that good. The trade deficit is different from the budget deficit. The budget deficit is what the government introduced austerity to try to reduce. To put it simply, and better economic minds than I will be able to elaborate, the budget deficit is when the government spends more money than it raises through taxes and has to borrow to close the gap between income and spending. The trade deficit is when a country imports more goods or services than it exports. The latter is largely controlled by the manner in which companies operate, as companies consume the largest proportion of imported goods and services, whether they are British owned (for example Marks and Spencer) or foreign owned (for example BOC). The trade deficit has widened but you linking it to austerity is misguided. The trade deficit can widen during times of producing a budget surplus (this happened in the US during the Clinton administration). Thank you for that. The Office for National Statistics (ONS) said the difference between UK government spending and income was £10.8bn ($18.4bn, €13.5bn) in the month, up from £8.5bn in April and higher than analysts were expecting. As an aside, why are we still listening to advice from the same analysts that didn't see the financial woes of a few years ago coming?
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| gambler Kent 10 Jul 14 11.13pm |
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Change your name to "matt_sofaruphimself"
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| matt_himself Matataland 11 Jul 14 6.27am |
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Quote gambler at 10 Jul 2014 11.13pm
Change your name to "matt_sofaruphimself"
"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02 |
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| nickgusset Shizzlehurst 19 Nov 14 9.05pm |
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Yes I know it's the grauniad, but it raises some salient points. Also severe budget cuts are leaving councils in the mire... Edited by nickgusset (19 Nov 2014 9.08pm)
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| Stuk Top half 20 Nov 14 3.10pm |
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Then they should use their enormous reserve funds that they refuse to touch. 2 years ago they stood at approx £13billion.
Optimistic as ever |
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| nickgusset Shizzlehurst 11 Feb 15 7.15am |
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A good article.
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| Catfish Burgess Hill 11 Feb 15 7.47am |
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260,000 people a year adding to the population is hardly "statistically insignificant".
Yes, I am an agent of Satan but my duties are largely ceremonial |
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