An EC referendum is a no brainer way to gain a clean sweep victory.
All this howling is like a kid being given medicine and stomping his feet as a matter of principle
It isn't pleasant but the alternative is much worse. What the hacks need to do is explain to people what real financial pain would be like and how we are steering clear of it
And another thing, as along as we do it right and interest rates remain low all those grumblers out there can still afford their masssive mortgages. If Osborne changes course it's curtains for the housing market
You seem to have forgotten all the duff stuff in the last budget!
Impossible ! One cannot forget what one has never seen :-)
Anyway , isn't dull stuff the sign of a good chancellor ?
I do however recall something about U - turns in recent months , and I am not referring to a motoring manouvre
Such behaviour is aa sign of ill thought through announcements coupled with weakness , but I think on the fundamentals he is sticking to his guns. With the excpetion of Devon and Cornwall , sales of pasties are unlikely to drag us out of the fiscal morass
... unlike GB he was not too pig-headed to admit he got it wrong!
Also, if you read the small print, a lot of the "reversals" are only tinkered with to make them more palatable, a lot of the "duff" is still in there.
That aside, do you really think a different chancellor would have had a different budget? He is only the mouth piece for the treasury!
You seem to have answered your own question!
Quote
''Such behaviour is a sign of ill thought through announcements coupled with weakness , but I think on the fundamentals he is sticking to his guns.''
Indeed GO is better than GB . The latter was a professional economist and was responsible for the mess we are in . He sold his socialist soul to cosy up to the City and made out he was Mr Prosperity. I do feel sorry for him as a person , having gone down in flames instead of leaving in glory like his boss. Timing is everything
Indeed the chancellor is a Treasury mouthpiece more many things but I would like to hope that on fundamental decisions of direction the initiative comes from him
Perhaps the newspapers ought to publisha comparison table of "hurt" in repsective Euro economies to put our situation into perspective
If we get a Liberal in the Treasury it will become "dumbest" !
Bottom line has to be that Moody's gave UK the thumbs-up on Friday .
I am reading a great book by the BBC's Rob Peston entitled "Who Runs Britain" - it doesn't teach me a lot but neverhteless entertaining and helps you explain it all to your granny. As they say , if you can't explain it to your grandmother then you don't understand it properly
The difference between the four legged friends is that dogs go "woof" and cats go "meow" . I think that's it but I am sure the City gents will put me right
I've been blogging on my website www.formationsdirect.com for some time with my non-PC view of the world of economics,business and other stuff. If you like to read the views of somebody who doesn't "toe the party line" you've come to the right place. Government cock-ups, financial turmoil , business scandals and people's behaviour - I've got something to say about it , whether you like it or not.
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He has to stay ...
... any thing is better than Cable, the only thing cables do is tie things down.
If DC called a referendum on Europe, called a General Election for the same day (to save costs!) we might get a one party government and then things could get done - and if we get a good haul in the Olympics so much the better the chances!