A Very British Dude's View on Politics, Rugby, Cricket, Business and anything alse that takes his fancy.
| Home | My Account | Directories |
Moody's, Ed Balls & the Tories' Plan 'A'
Published on 2012-02-14 02:54:00
Let's be clear how little room for movement the Government has. The deficit is falling but remains at around 8% (down from well over 10%). Debt remains reasonable (by Europe's disastrous standards) at 70% of GDP or so. Just because other countries are worse, doesn't mean the UK can carry on spending however.The evidence appears to be that any stimulus from deficit financed government spending stops when debt reaches 80% of GDP, and that debt burdens over 120% of GDP kill growth (look at Italy an
Yesterday's Sun
Published on 2012-02-13 12:23:00
A book called Yesterday's sun by Amanda Brooke turned up in my house for some reason. Having read the first 24 pages, filled with such eruptions of literary onanism as... "...the tell-tale white buds of of spring sparkled against the night..." I decided the book was an unreadable, cliche-ridden depiction of dreary people, about whom I felt nothing. The descriptions are flawed: "...Her bed was a writhing mass of bed-linen.."..."Writhing"? Is somebody still in it, or are there a lot of bed bugs? T
Idealogical Certainty.
Published on 2012-02-12 07:38:00
The main problem with political debate is that the tribes are simply not interested in speaking to each other. The left think the right are only interested in the rich, and are basically self-interested. The right think the left are emotional children, assessing the motives behind policies (with cash inputs as a measurable proxy for morality) without being interested in the effects. Of course, most lefties fervently believe that the state can and should provide services and redistribute wealth,
