Park Life 71 Posted November 25, 2015 Share Posted November 25, 2015 (edited) Patchy recoveries in the UK are normally tied to house prices and QE. They normally last 2/3 years before downward compression starts (money supply/private debt/ wage stagnation). There is a voodoo like fear here with reg to soft state intervention (as practiced in Germany). Like that football handbook on how German football was transformed we need to nick the other one on how Engineering and Chemical Ind will save the world.... The other slight of hand is that greater and greater amounts of white goods (Siemens, Bosch) are made in Turkey and finished in Germany to get the EU badge and a lot of the motor industry has been moved out to Poland, Slovakia and Hungary. I note that Audi's largest engine plant is in Hungary. Eu expansion has always been about access to cheap labour markets. One of the fav German tricks is loading up a new EU country with grants and infrastructure from EU funds (our money) and then parachuting in German industry to take advantage of it. Basically our political class are just too thick. JLR has been one of our success stories...But.... http://www.telegraph.co.uk/finance/newsbysector/industry/11176184/Jaguar-Land-Rover-opens-milestone-China-plant.html In the 80's Capitalism in the West was making some of its biggest profits and instead of re-investing that locally they moved manufacturing out to utilize lower wages in the Far East and so on...Been downhill since then. Edited November 25, 2015 by Park Life Link to comment Share on other sites More sharing options...
Gemmill 43271 Posted November 25, 2015 Share Posted November 25, 2015 (edited) Some female Tory cunt has just stood up at PMQs and said that "the commitment of midwives is only matched by the commitment of the Conservative government to the NHS." Seriously, kill yourself. Edited November 25, 2015 by Gemmill Link to comment Share on other sites More sharing options...
Gemmill 43271 Posted November 25, 2015 Share Posted November 25, 2015 Osborne has a canny squeaky voice. What a fucking tosser. Link to comment Share on other sites More sharing options...
Dr Gloom 21592 Posted November 25, 2015 Share Posted November 25, 2015 massive cimbdown on tax credits. will the cunt say he was wrong Link to comment Share on other sites More sharing options...
Anorthernsoul 1221 Posted November 25, 2015 Share Posted November 25, 2015 Another U-turn ! They are fucking hopeless, they don't even believe in their own "Policies". http://www.independent.co.uk/news/uk/politics/autumn-statement-george-osborne-cancels-planned-tax-credit-cuts-after-u-turn-a6748166.html Link to comment Share on other sites More sharing options...
The Fish 10543 Posted November 25, 2015 Share Posted November 25, 2015 CT to appear any minute to claim this u-turn is evidence that Osborne's hack and slash approach has worked. Link to comment Share on other sites More sharing options...
Christmas Tree 4545 Posted November 25, 2015 Author Share Posted November 25, 2015 Hardly a u turn. The original plan was blocked by the Lords. Overall brilliant spending review that has confounded all expectations. Link to comment Share on other sites More sharing options...
Gemmill 43271 Posted November 25, 2015 Share Posted November 25, 2015 CT is sat on the floor in the middle of his living room with a full nappy, and absolutely no idea what any of the last couple of hours on his telly have meant. Link to comment Share on other sites More sharing options...
The Fish 10543 Posted November 25, 2015 Share Posted November 25, 2015 Link to comment Share on other sites More sharing options...
Alex 34311 Posted November 25, 2015 Share Posted November 25, 2015 Hardly a u turn. The original plan was blocked by the Lords. The Lords can only delay the passing of acts of Parliament, CT. Link to comment Share on other sites More sharing options...
Toonpack 8871 Posted November 25, 2015 Share Posted November 25, 2015 Where can I get one of those little red books so I can swot up on Labour policy ???? Link to comment Share on other sites More sharing options...
Alex 34311 Posted November 25, 2015 Share Posted November 25, 2015 Link to comment Share on other sites More sharing options...
Dr Gloom 21592 Posted November 25, 2015 Share Posted November 25, 2015 Osborne is pragmatic, you have to give him that. He knows which way the wind is blowing. Got lucky with the OBR announcement on the public finances freeing up some cash. Plenty of stealth tax rises helping him out as well. Hilarious that he's going to have to explain to parliament why he's exceeded his own welfare cap but at least he listens Link to comment Share on other sites More sharing options...
Christmas Tree 4545 Posted November 25, 2015 Author Share Posted November 25, 2015 The Lords can only delay the passing of acts of Parliament, CT. Not true. The tax credit bill was secondary legislation which the Lords can stop. The lib dems tried to do this a few weeks ago but the Lords went for the delay instead. It was quite possible that had Osborne tried to get it through as is again, they would have simply killed it off then. If you need anymore help with politics just message me. Link to comment Share on other sites More sharing options...
Howmanheyman 32160 Posted November 25, 2015 Share Posted November 25, 2015 Just saw a clip of Duncan-Smith when the announcement was made. Didn't know what expression to give and gave a half hearted 'hear' whilst furtively looking around. Fantastic! Link to comment Share on other sites More sharing options...
Anorthernsoul 1221 Posted November 25, 2015 Share Posted November 25, 2015 https://vine.co/v/iz2jgJ50jF5 Link to comment Share on other sites More sharing options...
Christmas Tree 4545 Posted November 25, 2015 Author Share Posted November 25, 2015 McDonnell mind. What a disaster. Link to comment Share on other sites More sharing options...
ewerk 29828 Posted November 25, 2015 Share Posted November 25, 2015 None of this? https://vine.co/v/enI9VbpPegt Link to comment Share on other sites More sharing options...
Dr Gloom 21592 Posted November 25, 2015 Share Posted November 25, 2015 McDonnell mind. What a disaster. Yes, I'm not sure quoting chairman Mao is what is needed to improve Labour's image on the economy Link to comment Share on other sites More sharing options...
Gemmill 43271 Posted November 25, 2015 Share Posted November 25, 2015 Aye he made a right twat of himself. Link to comment Share on other sites More sharing options...
Alex 34311 Posted November 25, 2015 Share Posted November 25, 2015 Not true. The tax credit bill was secondary legislation which the Lords can stop. The lib dems tried to do this a few weeks ago but the Lords went for the delay instead. It was quite possible that had Osborne tried to get it through as is again, they would have simply killed it off then. If you need anymore help with politics just message me. Yeah but they could go down the route of introducing a new bill. Link to comment Share on other sites More sharing options...
NJS 4284 Posted November 25, 2015 Share Posted November 25, 2015 Yes, I'm not sure quoting chairman Mao is what is needed to improve Labour's image on the economyTrying to get a dig in about their new best friends but failed completely. Link to comment Share on other sites More sharing options...
Dr Gloom 21592 Posted November 25, 2015 Share Posted November 25, 2015 Trying to get a dig in about their new best friends but failed completely. yeah, he was trying to take the piss out of osborne's charm offensive with the chinese. but it was ill advised. it's given them another thing to bring up again and again and again. it's like that letter from ed balls saying there was no money left. i can't believe he's still using that one. Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted November 25, 2015 Share Posted November 25, 2015 It wasn't Ed balls, it was some minion. Link to comment Share on other sites More sharing options...
NJS 4284 Posted November 25, 2015 Share Posted November 25, 2015 It wasn't Ed balls, it was some minion.And it was a lie which Cameron has admitted since. Link to comment Share on other sites More sharing options...
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