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The rate for repayment of British government bonds are not set by the government of the Bank of England or any other government institution but the international capital markets, these are market rates. The buyers are not mainly foreign money but mainly domestic financial institutions. There is...

Erm... firefighters jobs are being cut in Brighton - that's a fact not a deflection. And a lot of other services for vulnerable people in this city too. But I guess cognitive dissonance time for you, you can't deal with that so prefer to froth at the mouth over your ideological hatred of the...

Fascinating discussion this - I'm assuming CR1 you'd be a critic of the coalition from a slightly different direction than me :drink: I'd say it's a mistake to compare the finances of a modern economy to a household budget. In Britain, we have a vast government bond market (one of the biggest...

Beorhthelm, it's not "bureaucracy" that's being cut - it will be real services that people need. I don't know where you live, but if it's within Brighton like me you will see it's fire engines that guard the safety of our familes that are being cut, not some grey-suited bloke at a desk wrapping...

It's just a random Daily Mail word verbiage generator

By the way, this is always a good way to unmask any political opportunist that keeps banging on about "reducing the deficit". Ask them, flat out, are they prepared to support the tax rises do to that - (as with Clinton in the US in the 1990s). If they say no, then tell them to SHUT UP, because...

Yeh, can remember you now cheering for those tax rises :lol:

Absolutely, feel free to give up. Pretty hard trying to defend the slowest recovery in all recorded UK history, that's some lipstick you have to put on that pig. Try something more up your street, defending the number of dead children in Gaza?

No, Keynsianism does work - it teaches us that the time for deficit reduction is in periods of economic prosperity, the presidency of Bill Clinton is the great example of this, this centre-left politician raised taxes "during the good times" that brought in huge revenues and successfully cut the...

The economy was recovering nicely from mid-2009 to third-quarter 2010 but then the economic incompetents took over, policies of deflation and cutting and slashing resulting in nearly three wasted years while other G7 economies recovered. That's their crap economic record - but their political...

As stated, we've had the slowest recovery of any G7 nation except Italy - fact. Tories will want everyone to forget their gross mismanagement when our economy virtually flatlined between mid 2010 and end 2012 while our rivals were growing - but people will remember, because they have felt it...

Quite possibly, but when you have record low interest rates, borrowing to stimulate growth is an economically sound idea, as you get much higher growth and much higher tax revenues and lower welfare payments that pays it all back later on when you have a healthier economy. Read some Keynes. And...

The 5% figure is from the recent average of ALL opinion polls, not one - I could have quoted one in the Sun the other days that gave Miliband a 7% lead

Yup - this from the Financial Times a few days ago, which editorially supported Cameron in the 2010 gen election. Longest UK slump in a century ends By Sarah O’Connor and George Parker Britain has finally emerged from its longest economic slump in more than a century, an achievement hailed by...

Erm, I can't really tell if you are doing a kind of "politics" ENREST here and satirising the stupidity of Tory supporters. But for the record, national debt is up about £500bn since the Eton boys took charge. Slowest recovery from a recession in UK recorded history under the Tories. Worst...