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General Election 2017
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 Romford-Eagle  Romford 12 Jun 17 1.53am |
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People seem to forget why were in austerity, cos the Labour party spent all the money while they were in power, I would also change the voting system so you must be 25 to vote, this election showed that youngsters are to easily led, and not voting for what's best for the country, this should be left to the more mature electorate who know better....
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| jamiemartin721 Reading 12 Jun 17 4.53am |
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Originally posted by Romford-Eagle
People seem to forget why were in austerity, cos the Labour party spent all the money while they were in power, I would also change the voting system so you must be 25 to vote, this election showed that youngsters are to easily led, and not voting for what's best for the country, this should be left to the more mature electorate who know better.... Banking crisis? Also I think you miss the point of democracy that even people who don't agree with you get a say.
"One Nation Under God, has turned into One Nation Under the Influence of One Drug" |
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| jamiemartin721 Reading 12 Jun 17 5.01am |
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Originally posted by Hrolf The Ganger
Perhaps the economics expert can explain how the Wall Street Crash or Black Wednesday occurred in his world of economic certainty. Edited by Hrolf The Ganger (11 Jun 2017 7.24pm) A lack of regulation in a system that operates on self interest. Whilst planned economies don't seem to work neither do unregulated capitalist ecconomies
"One Nation Under God, has turned into One Nation Under the Influence of One Drug" |
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| hedgehog50 Croydon 12 Jun 17 8.02am |
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Originally posted by jamiemartin721
A lack of regulation in a system that operates on self interest. Whilst planned economies don't seem to work neither do unregulated capitalist ecconomies Free markets work better more often. Of course there are booms and busts - that's life. Socialist economies (and highly regulated capitalist cartels like the EU) just have a continual decline into, at best, mediocrity. To think that a few economists in Whitehall or Brussels can out guess market forces is absurd, their 'plans' lumbering along in the wake of events, years out of date, until even they are forced to recognise reality and abandon them - only of course to construct a new set of magic 'answers'. Edited by hedgehog50 (12 Jun 2017 8.15am)
We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell] |
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Kermit8  Hevon 12 Jun 17 8.15am |
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Originally posted by hedgehog50
Free markets work better more often. Of course there are booms and busts - that's life. Socialist economies just have a continual decline into, at best, mediocrity. To think that a few economists in Whitehall or Brussels can out guess market forces is absurd, their 'plans' lumbering along in the wake of events, years out of date, until even they are forced to recognise reality and abandon them - only of course to construct a new set of magic 'answers'. Edited by hedgehog50 (12 Jun 2017 8.03am) Would you call The Nordic Model far too socialist even though its results are better than the systems we have here? All that state intervention and leftist ideals? What the hell are they playing at?
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| jamiemartin721 Reading 12 Jun 17 8.28am |
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Originally posted by hedgehog50
Free markets work better more often. Of course there are booms and busts - that's life. Socialist economies (and highly regulated capitalist cartels like the EU) just have a continual decline into, at best, mediocrity. To think that a few economists in Whitehall or Brussels can out guess market forces is absurd, their 'plans' lumbering along in the wake of events, years out of date, until even they are forced to recognise reality and abandon them - only of course to construct a new set of magic 'answers'. Edited by hedgehog50 (12 Jun 2017 8.15am) I think the reality lies between the two concepts. Regulation is necessary to protect markets from their own internal dangers. Any kind of system needs rules in place in order to maintain the functional purpose to which it is supposed to provide to society. Look at the housing market - Poorly regulated and we're now in a situation where the functionality of providing accommodation to people has become seriously compromised - with costs of rent being a massive cost of living - because this market was never properly regulated as a means of providing accommodation; and instead became a profitable means of generating large revenue, without sufficient taxation and control to at least feed than income back into providing accommodation.
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| CambridgeEagle Sydenham 12 Jun 17 8.35am |
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Originally posted by hedgehog50
Free markets work better more often. Of course there are booms and busts - that's life. Socialist economies (and highly regulated capitalist cartels like the EU) just have a continual decline into, at best, mediocrity. To think that a few economists in Whitehall or Brussels can out guess market forces is absurd, their 'plans' lumbering along in the wake of events, years out of date, until even they are forced to recognise reality and abandon them - only of course to construct a new set of magic 'answers'. Edited by hedgehog50 (12 Jun 2017 8.15am) Economists don't try and put guess markets. Their interest is how best to allocate scarce resources. If you'd rather live in the US than France then you're mad.
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| hedgehog50 Croydon 12 Jun 17 8.39am |
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Originally posted by CambridgeEagle
Economists don't try and put guess markets. Their interest is how best to allocate scarce resources. If you'd rather live in the US than France then you're mad. Certainly I'd rather live in the USA than France. Judging from the lack of Americans fleeing the USA to France, many would agree with me.
We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell] |
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| hedgehog50 Croydon 12 Jun 17 8.47am |
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Originally posted by jamiemartin721
I think the reality lies between the two concepts. Regulation is necessary to protect markets from their own internal dangers. Any kind of system needs rules in place in order to maintain the functional purpose to which it is supposed to provide to society. Look at the housing market - Poorly regulated and we're now in a situation where the functionality of providing accommodation to people has become seriously compromised - with costs of rent being a massive cost of living - because this market was never properly regulated as a means of providing accommodation; and instead became a profitable means of generating large revenue, without sufficient taxation and control to at least feed than income back into providing accommodation. Planning regulations, housing regulations, rental regulations, property taxes, rigged interest rates, uncontrollable immigration, all conspire together to inhibit market forces supplying demand.
We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell] |
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| steeleye20 Croydon 12 Jun 17 8.54am |
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The reshuffle was a demonstration not of strength but of weakness, Theresa May’s last feeble bid to cling to ebbing power.
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| hedgehog50 Croydon 12 Jun 17 9.02am |
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Originally posted by Kermit8
Would you call The Nordic Model far too socialist even though its results are better than the systems we have here? All that state intervention and leftist ideals? What the hell are they playing at? The Nordic countries are capitalist, albeit with high taxation and state regulation. Their set up is largely a result of the people and their cultural outlook, a willingness to choose to work through their political differences for what they see as the greater good of all. With the mass immigration that their governments have actively encouraged, they have a large influx of newcomers seeking to enjoy the generous public benefits, while not necessarily having a culture of making decisions on behalf of the common good - to say the least.
We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell] |
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| hedgehog50 Croydon 12 Jun 17 9.03am |
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Originally posted by steeleye20
The reshuffle was a demonstration not of strength but of weakness, Theresa May’s last feeble bid to cling to ebbing power. Very lame post even for you steeleye.
We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell] |
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