Economics and the Tories

[Mich the Tester]

I have never been Mrs Thatcher's greatest fan, but, as I said in another thread;

"the next government is going to have be at least as nasty as she was, for the simple reason that a huge chunk of Britain's populace goes on ten year benders of living way beyond their means and expect their government to do the same. So we end up with the same old cycle of debt crises, IMF loans, lower credit ratings and a bunch of nasty unfriendly tory barstewards who have to come in and balance the books again. It's not Mrs Thatcher's fault, or the fault of the tory party, but the fault of all those people who don't understand that for every pound spent there has to be a poundsworth of something produced and sold, in fact a little more so as to save for a rainy day."

Discuss (no not the overweight frisbee thingy that athletes throw, that's a discus)

[threaded]

The next series of governments will have to be more nasty than Thatcher ever was, and that will go on for a generation or so. There will be intervals where a government tries to be nice, but that will just drag out and lengthen the periods where they have to be nasty.

The rich just keep getting richer, and the poor poorer. Eventually there is a revolution.

HTH

[Doggy Styles]

Mrs Thatcher was an evil witch who liked nothing better than to wreck manufacturing industries and pull the rug from under poor people. I think she ate babies as well.

[Mich the Tester]

Mrs Thatcher was an evil witch who liked nothing better than to wreck manufacturing industries and pull the rug from under poor people. I think she ate babies as well.

So how would you deal with Britain's finances now?

[DimPrawn]

Mrs Thatcher was an evil witch who liked nothing better than to wreck manufacturing industries and pull the rug from under poor people. I think she ate babies as well.

She ate babies and laughed at Northerners whilst doing so.

[Unwitting Catalyst]

Welcome to the ship of fools

The Tory response would be/will be large scale privitisation and reduced government expenditure. In an economy that produces few exports, government expenditure is the only way to get the economy going, but it would have been far better spent on improving the transport infastructure and producing innovative large-scale energy-generating projects. These are things that would has a positive impact when the economy does start to recover, and they would provide some kind of positive, lasting legacy. Instead, we just seem to be getting more and more unfit-for-purpose IT projects. The Tories will quickly realise that the private sector, even low-wage, low-tech mac-jobs, will not take up the slack

[Doggy Styles]

So how would you deal with Britain's finances now?

There's lots of ideas to be knocking on with:

1. Join the euro
2. Pump more money into public services
3. Raise tax on banks and rich people to 80%
4. Sign up to the Lisbon Treaty (true we've done that already but it will take time to reap the benefits)
5. Encourage millions more workers into the country from abroad
6. Withdraw from Afganistan and Iraq and Belize
7. Ban all money movements out of the country to tax havens
8. Increase surveillance on tax cheats
9. Mileage tax on cars

[Doggy Styles]

She ate babies and laughed at Northerners whilst doing so.

And welshmen.

[HairyArsedBloke]

The Conservatives will re-introduce slavery to bring down labour costs to compete with the rest of the world. The NHS will be closed down and euthanasia for all those slaves that are incapable of work through lack of ability, sickness, or old age.

[Mich the Tester]

There's lots of ideas to be knocking on with:

1. Join the euro
2. Pump more money into public services
3. Raise tax on banks and rich people to 80%
4. Sign up to the Lisbon Treaty (true we've done that already but it will take time to reap the benefits)
5. Encourage millions more workers into the country from abroad
6. Withdraw from Afganistan and Iraq and Belize
7. Ban all money movements out of the country to tax havens
8. Increase surveillance on tax cheats
9. Mileage tax on cars

10 get all the rich entrepreneurs to leave
11 give everyone a degree so employers can't tell the difference between a halfwit chav and a potential Nobel prize winner
12 print more money
13 and some more
14 borrow some more money
15 build a huge superdatabase to store the nose picking habits of every snot goblin in the country