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    (Original post by davidmarsh01)
    Excuse me?
    Rakas was alluding to the idea that TopHat was/is responsible for any improvement in TSR Labour since the last election, true or not.

    (Original post by rachie22)
    Hey Guys,

    I'm new to the House of Commons and Politics (only just discovered I love it last week, before that I turned a blind eye - shock horror!), so bear with me

    Basically, I was watching the PMQs the other day and was wondering, Labour always seems to be saying the co-elition government aren't doing enough to recover the economic recession. but because labour always seem to spend money, surely they can't imply they would do a better job, because they would make the debt even bigger? They need to lay off the co-elition a bit because £178bn of deficit is a lot to recover, and would they be able to do a better job (labour that is)? surely not?
    Welcome to politics!

    I'm a Labour member in real life, but on here I'm a Socialist. Basically, the 2009-10 budget deficit of £170.8bn wasn't ran up through unnecessary spending. Britain needed to give the banks a lot of money because otherwise they'd have collapsed; whether or not you agree with bailouts (which I personally don't), not recapitalising the financial sector during the crash would've led to much more suffering and a deeper economic depression, things would've been much worse. So the Party ran up a large budget deficit while in government. To pay this off, the plan was to gradually nurture the economy to bring back economic growth - this growth reduces the deficit as it accompanies a rise in revenue. Spending cuts would have been made slowly and only once revenues had returned to pre-downturn levels (don't forget that a fall in such revenue was as responsible for the deficit as an increase in spending). We object to what Cameron is doing because, well, it doesn't make much sense. The economy is fragile and the Tory policy is to take billions of pounds out of it without putting into place any pro-growth measures. The UK is now borrowing more than expected, unemployment is 8.2% and we've just entered a double-dip recession - we can't blame this on Europe as their economies are doing better!
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    (Original post by rachie22)
    Hey Guys,

    I'm new to the House of Commons and Politics (only just discovered I love it last week, before that I turned a blind eye - shock horror!), so bear with me

    Basically, I was watching the PMQs the other day and was wondering, Labour always seems to be saying the co-elition government aren't doing enough to recover the economic recession. but because labour always seem to spend money, surely they can't imply they would do a better job, because they would make the debt even bigger? They need to lay off the co-elition a bit because £178bn of deficit is a lot to recover, and would they be able to do a better job (labour that is)? surely not?
    I am not going to comment on the financial stuff.

    Hi and Welcome to the MHOC, best way to get involved is to join a Party.
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    (Original post by JPKC)
    Rakas was alluding to the idea that TopHat was/is responsible for any improvement in TSR Labour since the last election, true or not.
    I know exactly what he was saying, I'd just like him to actually explain that downright rude comment.

    I'm a Labour member in real life, but on here I'm a Socialist. Basically, the 2009-10 budget deficit of £170.8bn wasn't ran up through unnecessary spending. Britain needed to give the banks a lot of money because otherwise they'd have collapsed; whether or not you agree with bailouts (which I personally don't), not recapitalising the financial sector during the crash would've led to much more suffering and a deeper economic depression, things would've been much worse. So the Party ran up a large budget deficit while in government. To pay this off, the plan was to gradually nurture the economy to bring back economic growth - this growth reduces the deficit as it accompanies a rise in revenue. Spending cuts would have been made slowly and only once revenues had returned to pre-downturn levels (don't forget that a fall in cuch revenue was as responsible for the deficit as an increase in spending). We object to what Cameron is doing because, well, it doesn't make much sense. The economy is fragile and the Tory policy is to take billions of pounds out of it without putting into place any pro-growth measures. The deficit is now £90bn and we are now in a double-dip recession. You can decide who's right.
    You really wouldn't have bailed out the banks? I'm afraid we were left with no choice on that matter. Of course we shouldn't have let such a situation where they needed bailed out, but if we hadn't then things really would've went to ****.
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    (Original post by JPKC)
    Rakas was alluding to the idea that TopHat was/is responsible for any improvement in TSR Labour since the last election, true or not.



    Welcome to politics!

    I'm a Labour member in real life, but on here I'm a Socialist. Basically, the 2009-10 budget deficit of £170.8bn wasn't ran up through unnecessary spending. Britain needed to give the banks a lot of money because otherwise they'd have collapsed; whether or not you agree with bailouts (which I personally don't), not recapitalising the financial sector during the crash would've led to much more suffering and a deeper economic depression, things would've been much worse. So the Party ran up a large budget deficit while in government. To pay this off, the plan was to gradually nurture the economy to bring back economic growth - this growth reduces the deficit as it accompanies a rise in revenue. Spending cuts would have been made slowly and only once revenues had returned to pre-downturn levels (don't forget that a fall in cuch revenue was as responsible for the deficit as an increase in spending). We object to what Cameron is doing because, well, it doesn't make much sense. The economy is fragile and the Tory policy is to take billions of pounds out of it without putting into place any pro-growth measures. The deficit is now £90bn and we are now in a double-dip recession. You can decide who's right.

    thanks for this! it can be a bit confusing when you first get started!

    not too sure whether i can decide what is right yet. you have to give the co-elition some credit, £90bn is a big improvement on the 170.8bn that the Tories and LibDems started off with when they first came into government. Its a lot to recover. I suppose on one hand it is good to get it done quickly like they are trying to do by making big cuts, but on the other hand, i can see why the Labs wanted to make a slower progressive recovery, as the old saying goes, slow and steady wins the race! i guess the more i learn about politics, i will be more decided on whose policies and views i support
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    (Original post by Morgsie)
    I am not going to comment on the financial stuff.

    Hi and Welcome to the MHOC, best way to get involved is to join a Party.
    thanks yeah I've requested to join one, waiting for acceptance
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    (Original post by davidmarsh01)
    You really wouldn't have bailed out the banks? I'm afraid we were left with no choice on that matter. Of course we shouldn't have let such a situation where they needed bailed out, but if we hadn't then things really would've went to ****.
    I can't say what I would've actually done, but as a socialist I'm quite opposed to the government forking over a massive chunk of public dosh to big business, no strings attached. That's exactly what Goldman Sachs et al. were relying on - would the casino banks have all taken such massively stupid gambles with investments had they not thought "nevermind, if **** does happen the government will pop along and sort it all out, no skin off our backs!" We could've nationalised those buggers.
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    (Original post by rachie22)
    thanks yeah I've requested to join one, waiting for acceptance
    Can I ask which party?
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    (Original post by JPKC)
    That's exactly what Goldman Sachs et al. were relying on - would the casino banks have all taken such massively stupid gambles with investments had they not thought "nevermind, if **** does happen the government will pop along and sort it all out, no skin off our backs!" We could've nationalised those buggers.
    Did you not follow what happened with 'Lehman Brothers'? they were not bailed out and that started the entire mess we are in now. In regards to 'Goldman Sachs' they are by far the best investment bank out there, they got their bailout money and paid it off quickly and are now back stronger than ever, that is what we need from the other banks.

    I personally think you lot are a bunch of plonkers in thinking that we should not bailout banks but instead nationalise them, just like the rail eh? :rolleyes:
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    (Original post by RoryS)
    Can I ask which party?
    Conservative.
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    (Original post by rachie22)
    Conservative.
    Oooo... okay
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    (Original post by rachie22)
    Conservative.
    ...Or you could join the Libertarians, who stand for more liberal values
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    (Original post by RoryS)
    Oooo... okay
    why, what are you?
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    (Original post by MacCuishy)
    ...Or you could join the Libertarians, who stand for more liberal values
    Where can I find the party policies? I have so far only found the 'join group' page where you can select your party.
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    (Original post by rachie22)
    Where can I find the party policies? I have so far only found the 'join group' page where you can select your party.
    General overview of the MHoC found here:

    Sorry but the Tories one isn't very good - it needs updating.

    http://www.thestudentroom.co.uk/wiki...use_of_Commons
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    (Original post by rachie22)
    why, what are you?
    Labour all the way. Maybe Socialist if I had to be.
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    (Original post by MacCuishy)
    General overview of the MHoC found here:

    Sorry but the Tories one isn't very good - it needs updating.

    http://www.thestudentroom.co.uk/wiki...use_of_Commons
    read your policies for the Libertarians. I support some of them but the majority of them I don't support. sorry. i can understand you are wishing to recruit more people to gain support, but I cannot join you.
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    Are any members of TSR Labour members of the real life party?
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    (Original post by RoryS)
    Labour all the way. Maybe Socialist if I had to be.
    ah! my opposition then.
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    (Original post by rachie22)
    read your policies for the Libertarians. I support some of them but the majority of them I don't support. sorry. i can understand you are wishing to recruit more people to gain support, but I cannot join you.
    We are fine with support

    The problem is people just join the big parties, which often do not actually represent their views compared with their Real life equivalents.

    No need to say sorry, just helping somebody make an informed decision
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    (Original post by rachie22)
    ah! my opposition then.
    Indeed

    (Original post by JPKC)
    Are any members of TSR Labour members of the real life party?
    I'm not, yet.
 
 
 
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