UK economy.

[Notters]

What would you prefer, communism ?

Yes please.

 

[Pavilionaire]

Christ. Anyone who thinks our government has any serious bearing on the economy needs to have a serious think. Peaks and troughs are surely a lot
global issue now over which we have absolutely no control and Brown was no more to blame for the last recession than Osborne is for the recovery. In fact the economy always recovers from a recession even though it looks hopeless at the time.

I think I could explain this better if I wasn't pissed but we are just a tiny cog in a very large and uncontrollable machine.

I disagree. I think governments can create a climate for business to flourish provided they are committed. These figures are very positive - some people take our relative prosperity for granted and things could be a LOT worse than they are.

 

[Silk]

Public sector wages have not risen, let alone risen above inflation, for ages. Investment in public services is similarly useless. I'm really struggling to see what an improved economy is actually supposed to mean to me in real terms.

This is it. It seems to just mean profits are up, and tax receipts are rising. Without improvements in wages and the cost of living, it's a very one sided improvement at the moment.

 

[Ernest]

Put interest rates up and see what happens ? It is an artificial recovery caused by cheap loans, expensive house prices and not sustainable in the long run

 

[sahel]

Indeed if we had those lefty planks in charge the deficit would still be going up ! They whine on and on about austerity, but we were all in it together and now there is no deficit.

No deficit eh - I don't think so! And we are all in it together? Does this include Google, Starbucks and the rest of the tax avoiders

GDP is a pretty useless measure of anything but if you are to use it please use GDP per head. GDP will increase simply by adding to population. Perhaps this is the way the Tories will begin to love immigration!

In the meantime what has the Coalition done about house building, falling real wages, insecure jobs, high rents, energy prices etc etc - things that really matter

Osborne has failed to meet any of the promises he made in 2010 about borrowing and the deficit. How can he claim to be right now? Still we can always blame immigrants and the EU cant we - its obviously their fault

 

[Silk]

No deficit eh - I don't think so! And we are all in it together? Does this include Google, Starbucks and the rest of the tax avoiders

GDP is a pretty useless measure of anything but if you are to use it please use GDP per head. GDP will increase simply by adding to population. Perhaps this is the way the Tories will begin to love immigration!

In the meantime what has the Coalition done about house building, falling real wages, insecure jobs, high rents, energy prices etc etc - things that really matter

Osborne has failed to meet any of the promises he made in 2010 about borrowing and the deficit. How can he claim to be right now? Still we can always blame immigrants and the EU cant we - its obviously their fault

My Dad managed to blame immigrants for the fact that he had been ill yesterday. Jesus. Don't forget to blame the unemployed.

 

[Justice]

Put interest rates up and see what happens ? It is an artificial recovery caused by cheap loans, expensive house prices and not sustainable in the long run

http://www.cityam.com/1406144100/in...ousehold-debt-catastrophe-if-we-don-t-act-now
Correct Ernest

 

[Vegas Seagull]

Agree with this. House prices IMO have always been obscene.

Great, isn't it!?

 

[Vegas Seagull]

Put interest rates up and see what happens ? It is an artificial recovery caused by cheap loans, expensive house prices and not sustainable in the long run

There MIGHT be issues 'by 2018'...

you'd be better off worrying about Wetherspoons next site, they need 30+ a year

 

[somerset]

Yes please.

Oh I see, that well trodden path to disaster, a system that has never worked for any country who followed it, a system that simply grinds the individual, and the individuals expressions of freedoms, into the dust of communal obedience.

I can see why countries are turning to it the world over.....hold on, sorry, they actually aren't though are they?

 

[Seagull on the wing]

Public sector wages have not risen, let alone risen above inflation, for ages. Investment in public services is similarly useless. I'm really struggling to see what an improved economy is actually supposed to mean to me in real terms.

What is it supposed to mean to me ?... Ask not what your Country can do for you,but what you can do for your Country.
Somebody has to pick up the mess of borrow, spend and tax policies. And that financial wizard Ed Balls sat there with his 'flatlining' gestures...what's it like to be proved wrong Ed!!

 

[Seagull on the wing]

Yes please.

You prefer Communism....sure there are plenty of vacancies in North Korea for you to apply for...

 

[melias shoes]

£65 BILLION - and no, it was record breaking.

This happened because the government prioritises the statistics of "economic growth" above the welfare of its own people. This is a great place to live if you are super rich, lots of perks, but not so great if you're a regular working person.

.
I'm a regular working person and i'm better off now than before the downturn. I don't get any perks just work hard. I shudder at the thought of Balls and co getting their hands on running the economy again.

 

[Triggaaar]

the regular worker is still far worse off than pre-recession, with significantly less job security and lower wages

What stats are giving you that information? I'd think the regular worker is doing better than had Labour got in.

 

[somerset]

I shudder at the thought of Balls and co getting their hands on running the economy again.

Sadly there are enough champagne socialists in this country, who once used a copy of Das Kapital under the leg to stop a table from wobbling, who will vote for the reds simply because they think it is 'right-on' to do so.

 

[Herr Tubthumper]

Yes,still an awful lot more to do,but these figures surely have to be seen in a positive light ? No doubt there will be those that would have still prefered Gordon ''no boom and bust'' Brown at No11. http://www.bbc.co.uk/news/business-28479902

These figures just show how shockingly unbalanced the economy is, 80% reliant on the service sector is very disturbing. Isn't anyone concerned about this?

 

[melias shoes]

Sadly there are enough champagne socialists in this country, who once used a copy of Das Kapital under the leg to stop a table from wobbling, who will vote for the reds simply because they think it is 'right-on' to do so.

Is the correct answer.

 

[Herr Tubthumper]

And to put these figures in context "Other countries recovered the output lost to the crisis much earlier than the UK. Germany regained its peak in 2010, with the US and France following a year later."

So basically the UK is lagging our G7 friends by 4 years.

 

[The Birdman]

These figures just show how shockingly unbalanced the economy is, 80% reliant on the service sector is very disturbing. Isn't anyone concerned about this?

Yes and this is why we need to buy british and encourage manufacturing in the north this will also help rebalance the economy and the housing demand in the South. Don't let ed balls it up! Save the South green spaces.

 

[sahel]

These figures just show how shockingly unbalanced the economy is, 80% reliant on the service sector is very disturbing. Isn't anyone concerned about this?

No not really. The UK cannot possibly compete with the low cost production areas like China or India or Vietnam without protectionism. We have to be well educated in softer skills and creativity. That is why education is so important. Ironically it may be economies like Germany which is still dependent on manufacturing that may be more vulnerable over the next 20 years