[Politics] Labour Party meltdown incoming.......

beorhthelm said:

1920's Germany, Argentina on and off past 50 years, '00's Zimbabwe, Venezuela past decade or so. it's so frequently demostrated that loose monetry policy trashes currency value it's comical to pretend otherwise. there is no infinite money glitch without screwing the economy.

fortunatly we have people in charge of fiscal and monetry policies that dont belief in fairy tales and will avoid those mistakes.

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• Debt owed in foreign currency
• Reduced production output
• Insufficient adjustment of taxes to balance the economy
• Continued deficit spending

BenGarfield said:

Somehow I knew you were going to say that, as if I havent heard this a million times before,

If spending by "printing" money, which as I have already pointed out, is what all countries with fiat currencies do every day necessarily leads to high inflation then most developed countries would have at least high inflation., if not hyperinflation. There have been no cases of hyperinflation in developed countries over the last 20 years.

What people who use these examples from history fail to identify is that increasing the volume of currency in the economy was not the cause of hyperinflation. While governments in these cases did have to create more currency to maintain the demand for rapidly decreasing value, they did this after the hyperinflation had begun.
the true causes of hyperinflation for all four are strikingly similar and can be summed in four categories:

• Debt owed in foreign currency
• Reduced production output
• Insufficient adjustment of taxes to balance the economy
• Continued deficit spending

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The Clamp said:

Well, really. Make sense man. The help is there. There’s little anyone can do if people aren’t willing to accept it.

This whole argument is ridiculous and there is a handful of people on one side of the argument who are frankly, pompous and self righteous. Which would be fine if they were also being truthful and accurate.

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Uh_huh_him said:

Yep this year it was £75 a month extra since April I believe.

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Zeberdi said:

It will be interesting to compare the impact of withdrawing fuel payments with the numbers of pensioners who either died in hospital (or after being thrown out of their hospital beds and back into their nursing homes to infect others) during the Pandemic. All because the NHS, already on the brink of collapse after being starved of investment funds for over a decade because of what the Tories described as ‘necessary austerity’ cuts was ill equipped to deal with a pandemic.

.

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nevergoagain said:

Whataboutery. Luckily for you (and your red mates) we will never ever know how Labour would have managed a pandemic that none of us had ever been through before. Are you really so blinkered that you think it wouldn't have been full of mistakes, greed and issues that would have resulted in people dying?. I 100% want to see investigations into these reported dodgy contracts and for those guilty to face the music. Same with those in the public who defrauded and took money they weren't entitled to, but let's not pretend these same issues wouldn't be there irrespective of who was in charge.

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cjd said:

There really is no point in a discussion with you. Have a good read back on your deeply offensive posts towards the elderly.

I'm neither Labour or Conservative, but under no circumstances could I argue, discuss, or debate this disgusting vindictive decision by one of the three witches..

Just so you have some grasp of where I'm coming from....... My working life was for the elderly. I think I was reasonably good at it too. I don't receive WFA, neither do I need it. But I do have an inkling about how the elderly view their income against expenditure....and the lengths they will go to stay within bounds of their finances.

It is that, why I care about this bitch,s vindictive decision. The Labour Party have been in power for 5 minutes. I waited 14 years for something better to happen.

So far......an absolute f***ing shambles. It doesn't bode well for the future.

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The Clamp said:

They wouldn’t be. Boris Johnson’s government was a one off. An exceptional mob of criminals. We rarely see the likes of them. No other party except maybe Reform would have been so deliberately opportunistic and corrupt.

It might bring you some kind of comfort to think otherwise but you’re very wrong. And I suspect you know that.

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LamieRobertson said:

So just exist ….righto………still i guess if you are a train driver not to worry

It used to be said that a country would be judged on how well it treats its young and old…..right now badly

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nevergoagain said:

Like I said, we'll never know so you get to take the moral high ground. You are entitled to your opinion but I think it's delusional.

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The Clamp said:

Well, really. Make sense man. The help is there. There’s little anyone can do if people aren’t willing to accept it.

This whole argument is ridiculous and there is a handful of people on one side of the argument who are frankly, pompous and self righteous. Which would be fine if they were also being truthful and accurate.

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The Clamp said:

Well you have forgotten very quickly what Johnson’s government was like but it seems you don’t think he did much wrong anyway.

We DO know exactly how they operated during Covid so again, you’re quite, quite wrong.

You’re deluded if you think others would act like they did.

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nevergoagain said:

Nope, I remember and won't forgive them for some of the things they did, likewise I'm mature enough to understand some of the mistakes were in the pursuit of trying to do the right thing.

And you're deluded for thinking others wouldn't act in a similar manner. Being in power is very different than sniping from the sidelines or being captain hindsight but we aren't ever going to agree on that so let's leave it there.

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The Clamp said:

Dreaming.

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rogersix said:

just to clear up any misunderstanding, you are a tory. hope this helps

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nevergoagain said:

Whataboutery. Luckily for you (and your red mates) we will never ever know how Labour would have managed a pandemic that none of us had ever been through before. Are you really so blinkered that you think it wouldn't have been full of mistakes, greed and issues that would have resulted in people dying?. I 100% want to see investigations into these reported dodgy contracts and for those guilty to face the music. Same with those in the public who defrauded and took money they weren't entitled to, but let's not pretend these same issues wouldn't be there irrespective of who was in charge.

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The Clamp said:

Some very objectionable posters on this thread.

I can only put it down to being bitter that their party lost.

Some of the insults and “facts” being thrown about are bizarre.

I am, for the first time, putting a thread on ignore.

Harks back to the bear pit days.

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cjd said:

And right there is your total lack of ability to judge people.

Just because there are some areas that I seriously disagree with Labour Party policy, doesn't designate me....or anyone else for that matter....as a Tory.

Personally, I thought this was a free country and those people who are "Tory", also have a point of view...( not one I often agree with mind .)

I often read your posts and think you are a little odd, to say the least. I thankyou for confirming it.

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