[Birchington]

I congratulate Francois Hollande for becoming President, but I disagree with his economic vision that leaves a lot to be desired.

[stanlas]

(Original post by toronto353)
Or rather an exacerbation of the crisis. Hollande's economic plans will reduce tax income from the rich; increase state spending on reduced tax receipts and lead to increased debt for the French. That will only lead to greater problems.

Certainly, its difficult to agree with some specific policies (like the 75% tax, which if we add in social charges would essentially be 90%). However, I must congratulate him on managing to change the economic policies of France away from reckless austerity and towards something which could stimulate growth. Something which we urgently need here by the way.

[tehFrance]

What is this crap? Hollande will do nothing but ruin France, he will be worse than Sarkozy who lets admit it was pretty bad (although I do like the guy on a personal level).

As far as I am concerned a bunch of lefties are supporting an idiot and are wishing to see Europe in ruins, I only hope Merkel can save us now.

So my response to the motion is get lost, you clearly have no idea who you are congratulating

(I am sure you can tell I am still bitter over his win).

[Rakas21]

Stanlas, you say that you must congratulate him but do remember that he has not done anything yet and Merkell has refused to disband the austerity pack.

I am entirely confident that Hollande will bow to German will.

The Euro crisis will continue simply because the solution to the debt crisis is still not being implemented and that is Eurobonds, all they can do for the moment is buy time.

Whilst i would rather see tax reform and different public sector cuts, austerity for the UK is the correct way to go.

[Morgsie]

There has to be growth aswell. President Hollonde has shifted the debate slightly towards growth. The likelihood is an add-on which includes growth.

There is pressure on Merkel from the rest of the G8 to do more.

[toronto353]

(Original post by stanlas)
Certainly, its difficult to agree with some specific policies (like the 75% tax, which if we add in social charges would essentially be 90%). However, I must congratulate him on managing to change the economic policies of France away from reckless austerity and towards something which could stimulate growth. Something which we urgently need here by the way.

So basically we don't tackle our debts, but keep on spending? How is that sensible economics? The Government should not be the wealth creator (and it can't be), it should just create an atmosphere for the wealth creators and for growth. Getting one's debts under control is sensible economics and indeed Hollande's policies of spending more is reckless. Reckless because it creates more debt (since wealth creators will leave France meaning decreased tax receipts and more borrowing). Austerity and creating conditions for growth is the only way out of this crisis for Britain. Spending more is only going to make the mess Labour left worse.

[tehFrance]

(Original post by Rakas21)
I am entirely confident that Hollande will bow to German will.

He better otherwise I will shoot him myself! the FiskalPakt is a must in my opinion however I don't care about its application to the UK... the UK and do as it pleases.

[stanlas]

(Original post by Rakas21)
Stanlas, you say that you must congratulate him but do remember that he has not done anything yet and Merkell has refused to disband the austerity pack.

His victory was an achievement in itself. Throughout the campaign he was consistently attacked and demonised by some economists, but his own attacks on austerity managed to win in the end. Though of course, he still has a lot to do.

(Original post by Rakas21)
The Euro crisis will continue simply because the solution to the debt crisis is still not being implemented and that is Eurobonds, all they can do for the moment is buy time.

I agree with the Eurobonds and while the Czech Republic is not a member of the Euro Zone, we will be seeking some way of implementing them in MUN.

[Jarred]

A leftist fool gets elected and you want to celebrate that. I however do not. I don't see the need nor want to do such thing as a motion especially.
I shall be voting no.

[toronto353]

(Original post by stanlas)
I agree with the Eurobonds and while the Czech Republic is not a member of the Euro Zone, we will be seeking some way of implementing them in MUN.

The Government will discuss Eurobonds and announce our position in due course should a motion come about. Perhaps write a motion about it (hint, hint....).

[stanlas]

(Original post by toronto353)
So basically we don't tackle our debts, but keep on spending? How is that sensible economics?

Certainly, I agree with spending cuts. I just think they should be over longer periods of time, and not implemented in such a short amount of time (especially as consumer demand is currently weak; the last thing we need right now is even more meaures to weaken demand).

(Original post by toronto353)
The Government should not be the wealth creator (and it can't be), it should just create an atmosphere for the wealth creators and for growth.

The government should never be the primary source of wealth creation. However, in times of recession it is the duty of the government to step in and use surpluses amassed during boom years (if only we'd done that in the UK) to prevent demand from collapsing. Right now the best way to create an atmosphere of growth is to help struggling firms by boosting demand.

(Original post by toronto353)
Austerity and creating conditions for growth is the only way out of this crisis for Britain.

Youth unemployment is at almost 20%. Tuition fees have been tripled. Investment has been slashed. How is this creating the right conditions for future growth?

[toronto353]

(Original post by stanlas)
Certainly, I agree with spending cuts. I just think they should be over longer periods of time, and not implemented in such a short amount of time (especially as consumer demand is currently weak; the last thing we need right now is even more meaures to weaken demand).

Unfortunately we don't have that time and so cuts must be implemented at this speed.

The government should never be the primary source of wealth creation. However, in times of recession it is the duty of the government to step in and use surpluses ammassed during boom years (if only we'd done that in the UK) to prevent demand from collapsing. Right now the best way to create an atmosphere of growth is to help struggling firms by boosting demand.

If we had the surpluses, I would agree. We need to cut red tape on businesses and go from there really.

Youth unemployment is at almost 20%. Tuition fees have been tripled. Investment has been slashed. How is this creating the right conditions for future growth?

I never said I agreed with the precise measures taken (though I do think that rising tuition fees aren't necessarily a bad thing because too many people go to university and don't look at alternatives and people are starting to do that), but measures have to be taken.

[stanlas]

(Original post by toronto353)
The Government will discuss Eurobonds and announce our position in due course should a motion come about. Perhaps write a motion about it (hint, hint....).

Will certainly try and write one at some point. Though the whole not being an MP makes it pretty difficult to find a back and submit something; I've currently got quite a lot of ideas which are all on hold due to a lack of backers.

[Mechie]

(Original post by MacCuishy)
I would support a motion for example proposing some kind of bill later on but just saying things like this one does is basically a statement.

There we go. A proper criticism, and an answer to what I actually asked instead of coming out with some crappy excuse

[tehFrance]

(Original post by toronto353)
The Government will discuss Eurobonds and announce our position in due course.

I'm sorry but what right does the UK have to press for Eurobonds? you are not in the Euro!

[StatusRed]

Aye!

[Morgsie]

17 Countries out of the 27 Member States of the European Union have the Euro. The UK is not in the Eurozone

[StatusRed]

(Original post by MacCuishy)
This has to stop.

Motions are being produced for everything now - its ridiculous!

For that reason its a Nay, and I propose party leaders stop this.

Sorry for helping to keep the high level of activity up in the House..

[toronto353]

(Original post by tehFrance)
I'm sorry but what right does the UK have to press for Eurobonds? you are not in the Euro!

It is right that we should have a stance at any rate. (Aside: It helps to create debate in the MUN which can only be a good thing. The current treaty is stimulating debate and we need to keep that up. That's the bigger reason for needing a stance.)

[MacDaddi]

(Original post by davidmarsh01)
There we go. A proper criticism, and an answer to what I actually asked instead of coming out with some crappy excuse

Thanks