Double dip recession Watch

The_Great_One
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Whos getting sick if the labour parties favourite tag line. Whenever any labour mp does an interview all they say is double dip recession which is staggering incompetence on their behalf.
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Aramiss18
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Labour were insufferable initially as a lot of the crap (being lazy here) could be traced straight back to them however the Govt has no plan for growth and that is evident- as opposition party Labour are doing nothing the others wouldn't do.

The whole government vs opposition thing in the UK is defunct anyway- for the opposition it's just a 5 year election campaign.
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Democracy
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(Original post by The_Great_One)
Whos getting sick if the labour parties favourite tag line. Whenever any labour mp does an interview all they say is double dip recession which is staggering incompetence on their behalf.
Is it any worse than the Tories constantly going on about "the mess that Labour left this country in"? For over two years now? Seriously, you could play a drinking game at PMQs: a shot of vodka/tequila/whatever everytime DC says that in righteous indignation. You'd get pretty drunk within 30 minutes (though admittedly at a socially unacceptable time of day).

tl;dr: Politics is about point scoring. Always has been, always will be.
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biggie
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(Original post by Democracy)
Seriously, you could play a drinking game at PMQs: a shot of vodka/tequila/whatever everytime DC says that in righteous indignation.
Well, that's next year's pre-drinking ideas sorted
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Blind Ferret
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I can't be the only simpleton clicking on this post and expecting a shortage of Name:  double-dip.png
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Snagprophet
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(Original post by Democracy)
Is it any worse than the Tories constantly going on about "the mess that Labour left this country in"? For over two years now?
Well people still ***** about Thatcher still.
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Democracy
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(Original post by Snagprophet)
Well people still ***** about Thatcher still.
And Thatcherites still whinge about Callaghan taking this country "cap in hand to the IMF". I never said the point scoring was restricted to the politics of the 2010s.
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BristolStudent96
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They all know they are speaking ****. The initial recession was caused by them and this second double dip is the result of their previous economic policy.
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prog2djent
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Haha, yes, really is the double derp recession.

"but we cut the deficity, why won't 'conomy grow"!!!!
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Jimbo1234
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(Original post by The_Great_One)
Whos getting sick if the labour parties favourite tag line. Whenever any labour mp does an interview all they say is double dip recession which is staggering incompetence on their behalf.
Staggering incompetence and British politics have been intrinsically linked for decades now
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ukip72
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(Original post by The_Great_One)
Whos getting sick if the labour parties favourite tag line. Whenever any labour mp does an interview all they say is double dip recession which is staggering incompetence on their behalf.
Are you surprised? Labour were incompetent in power and now can't even provide a genuine opposition. Ed Balls is the man in charge of economics for labour and he's just an opportunistic bully with no morals or desire to serve the country, he will always put his ruthless ambition first. They seem confused about their own position, forget the governments. They don't know whether they wan't to increase NHS spending or not or whether to increase the deficit or not, they're just completely clueless.
They have also failed to apologise for all the damage they did while in power, if Labour win in 2015 we're all screwed.
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A7d8i6l
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Labour put us in a recession but the conservatives put us in a double dip recession. Unemployment is at it highest under the championship of David Cameron and his one nation conservatism. The conservatives have given way to the lib dems idea of a hybrid house of lords which is partially elected and appointed. Why waste the parliamentary timetable for something that is of no significant interest to us the public because by having a reformed house of lords will not get us out of the double dip. The coalition has messed up big time! Labour are most likely to get into power due to the council elections held this year were skewed towards labour. The funny thing is that there's a party called UKIP who are all euro sceptic and know nothing about democracy what so ever. The closest they've been to Westminster has been the European parliament. Nigel farage the leader of UKIP is a complete loony tune. I watched him on question time and he knew nothing about the debates that are going on Westminster- he is seen to be out of touch with the Brits but in touch with the Europeans!!


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amyelizabeth2681
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Economically speaking, the policies which the Tories have implemented have led to the double dip recession. When you cut government spending, your overall aggregate demand falls, which is a main contributor of GDP, in the UK, that's 70% of your economy. When George Osborne goes on about how cutting the deficit won't hinder economic growth, he's either lying or is too incompetent to see it. Cutting jobs within the public sector leads to a reduction in people in jobs, which means a reduction in tax revenue and a rise in the welfare bill. It's no wonder it's projected he'll have to borrow an extra £20 bn this year alone just to cope with that very issue. I'm not picking sides, both parties are just as bad as each other, but it's common sense. Maybe Osborne should consider buying an economics handbook before he's finished ruining it.
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A7d8i6l
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(Original post by amyelizabeth2681)
Economically speaking, the policies which the Tories have implemented have led to the double dip recession. When you cut government spending, your overall aggregate demand falls, which is a main contributor of GDP, in the UK, that's 70% of your economy. When George Osborne goes on about how cutting the deficit won't hinder economic growth, he's either lying or is too incompetent to see it. Cutting jobs within the public sector leads to a reduction in people in jobs, which means a reduction in tax revenue and a rise in the welfare bill. It's no wonder it's projected he'll have to borrow an extra £20 bn this year alone just to cope with that very issue. I'm not picking sides, both parties are just as bad as each other, but it's common sense. Maybe Osborne should consider buying an economics handbook before he's finished ruining it.
Well said bravo!!!
You go girl!!
I hate the nasty Tories


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amyelizabeth2681
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(Original post by A7d8i6l)
Well said bravo!!!
You go girl!!
I hate the nasty Tories


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Lol thanks. It's just annoying how they'll go up and graciously lie through their teeth to a public they all seem to think is too ignorant to know better. Its basic economic theory, and I absolutely DETEST Osborne and Cameron for acting surprised when we go into a recession when they have absolutely NO coherent way of decreasing unemployment along with cuts to the public sector. Incompetence isn't even the word, it's downright negligence.
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A7d8i6l
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(Original post by amyelizabeth2681)
Lol thanks. It's just annoying how they'll go up and graciously lie through their teeth to a public they all seem to think is too ignorant to know better. Its basic economic theory, and I absolutely DETEST Osborne and Cameron for acting surprised when we go into a recession when they have absolutely NO coherent way of decreasing unemployment along with cuts to the public sector. Incompetence isn't even the word, it's downright negligence.
Look at you, your on fire!!



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The_Great_One
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The country can't rely on the public sector because you can't have more people taking out of the economy than you have putting in. Private companies put in public takes out. The only people that think otherwise are socialists and trade union members aka communists who have their own agendas. You can't increase jobs in the public sector and not have as many people working in the private sector why do you think no other country in the world has done it. Also the people in this country don't want that as theirs a few parties who advocate it and we always vote opposite such as Tory, Bnp, ukip or labour who all cut spending.
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The_Great_One
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(Original post by amyelizabeth2681)
Lol thanks. It's just annoying how they'll go up and graciously lie through their teeth to a public they all seem to think is too ignorant to know better. Its basic economic theory, and I absolutely DETEST Osborne and Cameron for acting surprised when we go into a recession when they have absolutely NO coherent way of decreasing unemployment along with cuts to the public sector. Incompetence isn't even the word, it's downright negligence.
How come every Tory government has made loads of cuts to the public sector and after every Tory government theirs always money in the bank and the economy is growing. The only reason it isn't now is because the lib dems are holding them back.
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bkeevin
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(Original post by The_Great_One)
The country can't rely on the public sector because you can't have more people taking out of the economy than you have putting in. Private companies put in public takes out. The only people that think otherwise are socialists and trade union members aka communists who have their own agendas. You can't increase jobs in the public sector and not have as many people working in the private sector why do you think no other country in the world has done it. Also the people in this country don't want that as theirs a few parties who advocate it and we always vote opposite such as Tory, Bnp, ukip or labour who all cut spending.

Well the Germans, French, Scandinavian countries among others would beg to differ. They all have larger public sectors as a percentage of GDP than we do. All those countries are have not yet experienced the double dip recession despite some being in the heart of the eurozone crisis. You cannot just look at the examples of three or four countries in the developed world with less government than the UK and extrapolate when majority of countries rather have way bigger governments. Most of the successful countries rely on a vibrant private sector and a large public sector to assist.
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MagicNMedicine
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The_Great_One doesn't half talk a load of cack.

John Major's government didn't leave "money in the bank", it ran budget deficits every year he was in office.

When Margaret Thatcher was PM for those 11 years we ran deficits for 9 years and were only in surplus in 1987 and 1988.

As for the idea that 'every Tory government has made loads of cuts to the public sector', no only Thatcher's and now Cameron's has. Churchill, MacMillan, Eden, Home, Heath and Major didn't.

Also the reason Heath's government was voted out was because the country was in chaos riddled with strikes, the three day week, Idi Amin was giving the UK food aid from Uganda (lol), and the finances were wrecked. 18 months later we had to go to the IMF but as you will appreciate from your argument that Labour is to blame for the current double dip, it was Heath's government that meant we had to go to the IMF...
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