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amusing when you consider everyone else has done austerity, Darling's policy was in the same direction and Ball's policy has always been the same, just a bit less and a bit slower. there are plenty of articles to be found that reckon the cut should have gone further. Not that its Osborne...

i didnt say it was. our failure to react to it better was, we had already maxed out the credit card, the deficit was already growing, and economist where getting concerned how growth was to be sustained. some say that it was his loose policy towards regulation of the city (so they could fund...

:facepalm: no Darling had a plan to clean up Brown's mess, though its doubtfull it would have worked any quicker (after all the deficit is still there, even after the cuts). It was Brown that let loose spending on everything for 10 years, with a general policy of "enough money will fix it" to...

interesting view. who is being manipulated, beyond Miliband, and who are the Blairites doing so? how have they converted union man Ed Miliband into the union nemesis? and do you see the unions reclaiming the Labour party or starting a new one?

im not saying anything, the fact of the matter is the budgets for NHS were off limits to cuts, have risen nominally and in real terms (slightly dropped in one of the past 4 years as % of GDP). so any reforms in NHS have been shuffling the same cash around. agree with that. like so many things...

probably not, but who knows. the point is about the economics, not the personal impact. like changes to NHS that have been cost neutral, they aren't cuts are they.

GDP measures the market value of goods services, not howmuch it cost to create them. profit is a factor of course for feedback, but corporate profits do not equal growth. a company could produce less, do so more with less cost and therefore increase its profits, likewise it could make more...

the ringfencing of health and overseas aid, too politically toxic, have meant too much has had to be carried elsewhere. also theres strong arguement that deeper, quicker cuts in the first year or two would have seen a faster return to growth. as you point out Darlings plan of action was largly...

nice rant, but you let yourself down at the end. profits have little to do with growth, go and look up what GDP is. we want things to be "better" over our life time and as the world has shrunk, each year. other than some well meaning hippies and a few lucky enough to have broken the cycle...