I'll give you gold, PFI, and will give you another pensions raid for free. And the appurtenances of position by the Milibands of the world to boot.
And yet, for some of us he still appears more economically competent than any of his rivals, especially given their respective policy statements.
Vince Cable has evidently listened to his advisers, but I do wonder about the specifics of his policies as they seem a trifle confusing.
Shedding public service jobs has to be staggered to fit into (hopefully) an economy of slow growth: the Tories are suggesting they can ignore any 'question of timing' to manage this unemployment.
All this may well be merely a stupid debate about nothing however, if the Greek contagion extends to Spain etc.
Germany (77.20%), and France (79.20%) both of whose National Debt expressed as a percentage is greater than the UK's (68.50%), now have to borrow to bail out Greece. And the vulture-led market will move on to Spain, Portugal, Ireland, Italy, and neither Germany nor France can afford to bail 'em all out.
The US's National Debt expressed as a precentage is reckoned as being more than 90% though it is often claimed to be as low as 40%.
If the Market doesn't rein itself in, it's going to kill its host, which isn't good for the business of a parasite.
This Greek thing could be, given the nature of the industrial and post-industrial world, the beginning of a cascade that breaks capitalism: because, after all, nothing's too big to fail really, including the whole capitalist system.
I don't think we need to worry too much about whichever leader we have at present, because until Politics regains primacy over the 'Market', as the plucky Hunnish lass Angela Merkel mentioned, politicians can actually do very little.
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timeasmymeasure
no subject
Date: 2010-05-08 06:21 pm (UTC)And yet, for some of us he still appears more economically competent than any of his rivals, especially given their respective policy statements.
Vince Cable has evidently listened to his advisers, but I do wonder about the specifics of his policies as they seem a trifle confusing.
Shedding public service jobs has to be staggered to fit into (hopefully) an economy of slow growth: the Tories are suggesting they can ignore any 'question of timing' to manage this unemployment.
All this may well be merely a stupid debate about nothing however, if the Greek contagion extends to Spain etc.
Germany (77.20%), and France (79.20%) both of whose National Debt expressed as a percentage is greater than the UK's (68.50%), now have to borrow to bail out Greece. And the vulture-led market will move on to Spain, Portugal, Ireland, Italy, and neither Germany nor France can afford to bail 'em all out.
The US's National Debt expressed as a precentage is reckoned as being more than 90% though it is often claimed to be as low as 40%.
If the Market doesn't rein itself in, it's going to kill its host, which isn't good for the business of a parasite.
This Greek thing could be, given the nature of the industrial and post-industrial world, the beginning of a cascade that breaks capitalism: because, after all, nothing's too big to fail really, including the whole capitalist system.
I don't think we need to worry too much about whichever leader we have at present, because until Politics regains primacy over the 'Market', as the plucky Hunnish lass Angela Merkel mentioned, politicians can actually do very little.