General Election 2017 | Cabinet reshuffle: Hunt re-appointed Health Secretary for record third time
- Thread starter altodevil
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10:02 The Sun will release a Tory victory cover like the cnuts they are
Owen Smith's 29 inch inside leg would have them queuing from the skate parks to the polling stations.
But we've all been told that Labour voters are all nasty, especially on social media.
Your evidence must be wrong.
Good. The other way NEVER works and never will.
Depressingly in the leadership race Smith actually won the 18-24 year old vote.
As apposed to I have no policies but I'm strong and Stable and could win a funny face contest.
How are the exit polls assessed?
Why spend more? Because people are suffering, schools were in a state, the NHS was in a state
For someone who bangs on about economics so much your views on debt are terribly parochial
This logic is the only thing that's simple.
You mean as oppose to the Tory 'yeah we yave plans, feck you, you can't vote for him, we'll tell you our plans after the election, strong and stable'
Dunno, I'd go with;
1) NOT Triple locked the pensions. It's harsh, but when you are already shrinking the state, you can't then triple lock income for the older folks requiring even more cuts elsewhere. You could even argue it should have been cut (ouch)
2) Not cut local governments as much. Spending is important.
3) As house prices recovered, restrict the amount people can borrow for a mortgage (say to 4x instead of 4.5x). This would have helped cut the average house price, giving more money to renters and first time buyers. (The high average house price is one thing that's stopping our economy from really thriving). Also, take away stamp duty for first time buyers to help first time buyers.
4) Instead of cutting JSA look to fund retraining programs.
5) Instead of raising the Personal Allowance ever higher, provide some Universal Income. (maybe)
6) Reduce the additional tax bracket
Basically... spend on growth. If spending in any areas gives growth, don't cut it.
If you meant me working in a call centre, no I'm a qualified chartered accountant working in commercial finance, with experience across multiple industries including financial services, telecoms, software (NHS and military related), publishing, legal services and now asset management. It's basically my career to understand the ins and outs of finance. It's why I'm obviously quite passionate about it.
So yes the national economy is a different beast to straight finance of companies/ industries in isolation, but I also studied economics at uni so I have a fairly detailed background.
You are right certain investments are clearly worth it for the payback, but it depends where that money goes. What is clear is money to interest can't be spent on services. So a large government debt isn't particularly helpful. That being said low cost debt used to get financial returns beyond the value of interest, e.g. GDP increasing more than offsetting debt costs is worthwhile. At the moment the leverage doesn't look healthy hence the need for big cuts so however you look at things Conservatives shouldn't get beaten by a stick for the correct prudent approach.
A case can be made for most government spend having a positive impact on GDP, but it does get more tentative in certain areas. Benefits for example are needed to reduce crime (as well as humanitarian side to benefits), but beyond a certain level, e.g. Focusing on Labour it arguably becomes a waste and if supported by higher tax it will reduce the incentive to accelerate careers.
This is probably one of my core reasons for being Conservative. I didn't go to private school, didn't get help buying house or going to uni, etc. I worked hard to get to where I have, so I don't see why I should give a big chunk away to lazy idiots who couldn't be bothered in school or with life. I went to school with plenty of these types to know they chose acting cool, rather than doing well in school.
Education is again a tough debate. Get the right talent and facilities and GDP will thrive over time. But spend too much on salaries and it becomes economically inefficient. Increasing tuition fees is probably the right thing though. Put simply either the people that go to uni pay a bigger share, or those that don't do!
As much as I don't want to pay the benefits of the lazy, I shouldn't be getting my education paid for by the lower paid! So it's right I paid fees at uni. And currently demand is still high so the balance is seemingly about right. And those fees are repaid over a career so it has no impact on who can go to uni.
Anyway I go off on a tangent, but point is I have an emotional and economical reason to vote Conservative.
Do I question if some policies are too right wing and providing too many allowances to super rich, yes, but equally I understand the economics of financial freedom and that some tax income is better than none because their business is taken elsewhere. The balance is tough either way.
You can also win an election saying you'll build a wall and get Mexico to pay for it. People are big on politicians promising things with other people paying for it!
The last Tory chancelor likened the economy to a household budget
As opposed to a party actually concerned with keeping the country afloat with a potential shit storm over the horizon. Brexit negotiations start in 11 days, the idea of a Labour coalition going into that scares me.
Well yeh, true though.
Seems it's happening elsewhere.
This. It's why I wouldn't be in favour of the voting age being lowered to 16.
Even better. This one can make HS2 cost £20bn less than it actually has and counting.At least there're no post-it notes about how all the money has been spent
What the heck is going on here? There seems to be a lot of these stories coming in.
I can't see how you see May as a strong Negotiator.
I wasn't nervous this morning but I'm beginning to feel it now. I know what's going to happen and it will be another 5 years of austerity. It's a depressing thought.
She isn't. She will get trampled underfoot and it will be us who will suffer for it.
Yeah nothing in this election has anything to do with them. I'd get rid of the votes for women and anybody without a knighthood too. fecking proles!
What time do we get the Exit Poll?
10pm
10pm
Well if she was to be doing the negotiating I do think she'd be ok, no worse than Corbyn for sure. She won't be though, they employs others to do it.
I can see her getting absolutely mullered by the EU. Hence why she is saying no deal is better than a bad deal, it's her face saving escape route.
He said hard drugs mate.
That's what I see. One leader has came out of this election with credit. The other One has almost thrown away an unassailable lead with how poor she has been. I am afraid that she takes this level of ineptitude into the Brexit Negotiations.
I don't remember this. It's quite crucial really, do you have an EU source please? It might actually change my opinion, if so.
Sake.Update on the current top 10, before we descend in to the chaos of tonight and tomorrow.
No real surprises. Nick's a notable omission. He made a good go of it, after a late start, but there was too much catching up to be done.
I'm getting the usual election night flutters now. My gut feel is heading in Labour's direction (not to win, just moderating the loss).
I have a feeling of dread that the Tories have won in a landslide (bigger than expected)
Everyone wants the young ones to vote and if they can't it might just put them off for good.
Corbyn has excelled in the last few weeks she has bundled along nearly throwing away a massive lead. I don't see her negotiating anything competently.
His campaign employees have been better than hers as well.