Labour's handling of the economic crisis has been exemplary

[sasguru]

Yes I know el Gordo caused it, but as far as recovering from a mistake is concerned, Labour have done well.
Textbook Keynesian stimulus policies have done the job.
The Tories would probably have tightened everything and made it worse.


HTH

[DiscoStu]

Boomed, fill yer boots, etc etc.

[alreadypacked]

Yes I know el Gordo caused it, but as far as recovering from a mistake is concerned, Labour have done well.
Textbook Keynesian stimulus policies have done the job.
The Tories would probably have tightened everything and made it worse.


HTH

Do you think the NewLie can pay back the money it has borrowed from the current income - current exp.?

I don't think they can, so something has to change.

[sasguru]

Make no mistake I still hate the one-eyed snot goblin and all his minions in the Labour party, but I really cannnot fault their proactive handling of this economic crisis.

[TimberWolf]

Savers and those without houses are paying the bill instead of borrowers. Can this happy situation last forever?

[sasguru]

Do you think the NewLie can pay back the money it has borrowed from the current income - current exp.?

I don't think they can, so something has to change.

That I don't know. Looks like we'll get a Tory government next year anyway, so spending will be cut.

Britain is about to become a very bleak place - but would be bleaker if the fiscal stimulus hadn't taken place.

[alreadypacked]

Make no mistake I still hate the one-eyed snot goblin and all his minions in the Labour party, but I really cannnot fault their proactive handling of this economic crisis.

It's not over yet, they have managed to keep the plates spinning so far. It could all go very wrong. Sterling has not recovered to pre-crash levels yet. I don't think they ever will.

[sasguru]

Savers and those without houses are paying the bill instead of borrowers. Can this happy situation last forever?

I am a saver and a house owner. Not too unhappy with the situation. In the long term lots of cheap luvverly assets to be had.

[Muttley08]

Keynes wasnt all that....think it's all short term - instead of short, sharp mess, and recovery - we've got long period of no growth, no competitiveness

gordon's a moron, labour think we're all really stupid...

[sasguru]

Keynes wasnt all that....think it's all short term - instead of short, sharp mess, and recovery - we've got long period of no growth, no competitiveness

gordon's a moron, labour think we're all really stupid...

I've got rich out of Labour. Haven't you?

HTH