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Originally posted by Stirlingsays
Well by living in the crap hole that is Lewisham you are at least living out your principles....I lived in Catford right next to it for a few years...I wonder if the cinema is still there. My surname is Stirling, to answer the location name point. Anyway you think that large scale inward immigration benefits the areas it impacts....Well, on a 'feeling' basis it will differ from individual to individual by I seriously differ. 'The places most tolerant of immigration are those most directly impacted by it.' If you forgive me but this point is a little silly. In London over the last thirty years there has been significant flight from the capital of Londoners. My family was one of them. We left, like many, because we didn't like what London was turning into. Now it stands to reason that if a lot of people who don't like what's happening leave and you have increasingly large numbers of new people...mostly foreign coming in then you are going to end up with a city that mostly contains foreigners and those who are happy living as a minority amongst foreigners. So that point is....boringly simplistic and easy to explain. What isn't easy to explain is the economic benefits or costs of immigration. This is because accessing a non biased report isn't easy. You think it results in a net benefit I don't. I have seen reports by lefty academics that say it's a benefit and I've seen reports suggesting it's a drain. MigrationWatch UK use the same data and state pretty much the opposite....obviously what is factored in results in different conclusions. I can't be sure who the liars are with that one...I will just say I don't know on the economic front. But what I will say is that increasing a population each year without being able to increase infrastructure spending in line with the increase in effect punishes the working classes. They also don't factor in the social cohesion point that many like me make....apparently my views don't matter.....Well, until there is a 'leave' or 'remain' tick box that is....Thank you Cameron it was the only decent fecking thing you ever did! Those who blame governments for the disaster of not increasing funding in line with it create a false argument because the increases in tax takes are just not there in line with population increase....over the year it's a population increase the size of the city of Newcastle......someone is lying about something. As a teacher I've seen the damage and extra difficulties the rate of population increase has had on teaching....I can only imagine what it's been like in other sectors....I've read the stories. I think those who accuse others of 'casual racism' are apart of the divisive nature of this debate. It stigmatise debate and widen the divide not decrease it....It closed down debate for many years and in effect what you did was create Ukip by causing resentment. What you call 'casual racism' is probably more preference. I know some call that racism but as they are rather easy with their labels I call them plonkers.
Edited by Stirlingsays (19 Apr 2017 2.49am) I rely on reports I've read for my assertions on the impact of immigrants on the public purse and here is something I got from a very quick google:
Posters like the one I uploaded previously that was issued by UKIP are racist in my opinion as they use people's ethnicity as a tool to create negative feelings.
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Originally posted by matt_himself
Paul Mason's view is that Labour's collaboration with, amongst others, the SNP, will stop ugly 'nationalism'. Words turn to ashes in your mouth. How do you stop 'nationalism' by getting into bed with the ugliest and shrillest nationalists in the country? That all sounds great to me but there are three letters that woukd scupper all of that once this coalition met the day after the election. SNP. Then with half inside the EU there is the unlikelihood of some controls on immigration having any effect on the areas most concerned about high immigration.
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Originally posted by Rudi Hedman
Funny how now the Lib Dems in coalition with the Tories wasn't so bad after all, which is why I voted for them. Watered down conservatism, though perhaps harsher cuts were needed at some point and better earlier than before more interest mounts the debt up even more. National debt can only be managed within a growth strategy. Further cuts would only have made the situation worse as debt would increase as a percentage of GDP and create a vicious cycle of recession and further cuts. This is what has happened as debt has increased massively since 2010 as a share of GDP, but the increased borrowing hasn't been used effectively. It's been used to give tax breaks to big business, to cut the top rate of income tax and on and inheritance tax cuts.
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| jamiemartin721 |
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Originally posted by Willo
A very busy time for me out campaigning both in the local elections and now the General Election.Accordingly my time on HOL will be somewhat restricted - I hear yelps of delights from the multitudes on here ! In any event I generally refrain from participating in any political debates on here for as sure as night follows day they would disintegrate into tedious WILLO threads where risible and ridiculous allegations are made against me and of course the debate would focus on me rather than the subject under discussion. Rest assured I shall be campaigning with great vim and vigour for my beloved Tories ! So what are the Conservatives strategies and key manifesto pledges regarding the UK exit from the EU?
"One Nation Under God, has turned into One Nation Under the Influence of One Drug" |
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| jamiemartin721 |
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Originally posted by CambridgeEagle
National debt can only be managed within a growth strategy. Further cuts would only have made the situation worse as debt would increase as a percentage of GDP and create a vicious cycle of recession and further cuts. This is what has happened as debt has increased massively since 2010 as a share of GDP, but the increased borrowing hasn't been used effectively. It's been used to give tax breaks to big business, to cut the top rate of income tax and on and inheritance tax cuts. Quelle surprise. Its for the good of the nation, were all in it togeather except of course for us, our family, friends and these people over here who are partially responsible for the economic crash of course. Oh and these people over here who are so wealthy they don't have to work, and of course these people on that side there, who happen to be both British Nationalists and technically reside or registered abroad for tax purposes.
"One Nation Under God, has turned into One Nation Under the Influence of One Drug" |
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Originally posted by Rudi Hedman
Funny how now the Lib Dems in coalition with the Tories wasn't so bad after all, which is why I voted for them. Watered down conservatism, though perhaps harsher cuts were needed at some point and better earlier than before more interest mounts the debt up even more. I was the same, thought the coalition worked well.
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Originally posted by Y Ddraig Goch
I was the same, thought the coalition worked well. Yes I don't know where people got 'shambles' from. They may not have done a great deal but it wasn't shambolic. Their voters deserted them in 2015 for no political benefit. I most remember Lib Dems policy of no tax under £10k and now rising to about £12k. The Tories claimed that. Can't remember the other good few policies they wanted agreed and signed before doing the deal.
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Originally posted by Rudi Hedman
Yes I don't know where people got 'shambles' from. They may not have done a great deal but it wasn't shambolic. Their voters deserted them in 2015 for no political benefit. I most remember Lib Dems policy of no tax under £10k and now rising to about £12k. The Tories claimed that. Can't remember the other good few policies they wanted agreed and signed before doing the deal. Funny how the media narrative on Clegg worked, huh? Everything was his fault, whilst the flagship Lib Dem policy on raising the tax-free allowance was claimed by the Tories.
Well I think Simon's head is large; always involved in espionage. (Name that tune) |
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| nickgusset |
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Once again, may doesn't actually answer a question in pmq's and gets away with it.
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Originally posted by CambridgeEagle
What makes you think there was an "inability" to increase investment on infrastructure? Or for that matter investment in education and healthcare? Tax take per capita will be impacted by earnings per capita and the tax rate. If tax take per capita falls, as you suggest that would imply lower earnings per capita or reduction in tax rates. Earnings per capita has broadly increased since 1979, however average taxes on personal income have fallen from 10% of GDP to 9% in that time. That's over 1% lower than in the US, having been slightly higher in 1979. It's also lower than Canada, NZ, the Nordics and a number of other OECD countries. Tax on corporate profits has also shrunk as a share of GDP from 3.6% of GDP to 2.5% since the Tories came back to power. Social security contributions are also way below the OECD average and have reduced under the Tories. This is ideological. The Tories have decided to slash spending on infrastructure, policing, healthcare, education, while simultaneously reducing the tax burden. Reducing tax on companies doesn't promote inward investment in the way that politicians would have you believe. There are huge amounts of corporate profits which sit on balance sheets doing nothing. It actually takes money out of the economy far from creating some sort of multiplier effect. But more even than just talking about tax take - the government has been using QE for years now to prop up asset prices. This is completely irresponsible, and also ignores what they should be doing with monetary policy - increase money supply to invest in the economy and improve productivity. Creating asset bubbles with public finances just helps line the pockets of those who own the assets - the already wealthy. Using the argument that printing money for government spending just creates inflation is only true when an economy is at full employment - something ours is nowhere near. You can increase money supply and increase GDP in real terms up to that point. But this is against Tory ideology. Always enjoy the deafening silence after someone who clearly actually knows their economic stuff posts.
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Originally posted by CambridgeEagle
What makes you think there was an "inability" to increase investment on infrastructure? Or for that matter investment in education and healthcare? Tax take per capita will be impacted by earnings per capita and the tax rate. If tax take per capita falls, as you suggest that would imply lower earnings per capita or reduction in tax rates. Earnings per capita has broadly increased since 1979, however average taxes on personal income have fallen from 10% of GDP to 9% in that time. That's over 1% lower than in the US, having been slightly higher in 1979. It's also lower than Canada, NZ, the Nordics and a number of other OECD countries. Tax on corporate profits has also shrunk as a share of GDP from 3.6% of GDP to 2.5% since the Tories came back to power. Social security contributions are also way below the OECD average and have reduced under the Tories. This is ideological. The Tories have decided to slash spending on infrastructure, policing, healthcare, education, while simultaneously reducing the tax burden. Reducing tax on companies doesn't promote inward investment in the way that politicians would have you believe. There are huge amounts of corporate profits which sit on balance sheets doing nothing. It actually takes money out of the economy far from creating some sort of multiplier effect. But more even than just talking about tax take - the government has been using QE for years now to prop up asset prices. This is completely irresponsible, and also ignores what they should be doing with monetary policy - increase money supply to invest in the economy and improve productivity. Creating asset bubbles with public finances just helps line the pockets of those who own the assets - the already wealthy. Using the argument that printing money for government spending just creates inflation is only true when an economy is at full employment - something ours is nowhere near. You can increase money supply and increase GDP in real terms up to that point. But this is against Tory ideology. But surely Labour are just as culpable for what you claim as they were in power for a substantial part of the post 1979 era?
"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02 |
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Sums it up for me.
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Originally posted by nickgusset
Once again, may doesn't actually answer a question in pmq's and gets away with it. Wow. A politician not answering a question. When Jeremy Corbyn answers a question most of his party wish he hadn't. Not that they could do better in most cases. Corbyn's Labour = worst quality of MPs ever.
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Originally posted by matt_himself
But surely Labour are just as culpable for what you claim as they were in power for a substantial part of the post 1979 era? I certainly think Labour didn't do enough. They halted the huge increase in inequality seen between 1979 and 1997, but they didn't reverse it. They reduced the lower rates of income tax but did nothing about the higher rates until after the GFC, which has subsequently been reduced by the Tories. They also increase NICs on everyone, but the biggest burden on low to middle incomes. But government spending did increase as a proportion of GDP under Labour steadily up until the GFC, and debt as a proportion of GDP were exactly the same as in 1997 when the GFC started. The serious failing was deregulation of banks and financial markets and then a lack of coherent response in 2009/10. They also could and should have done a lot more to improve productivity. The insistence that 50% of people go to University at the expense of other ideas of how to improve educational achievement and prepare people for work is one example I can think of. Problems with the UK's balance of payments stem from 1979 and Thatcher's destruction of manufacturing. it has also got significantly worse since 2010. Labour did little though in terms of industrial policy or addressing productivity to help. There are obviously external factors which influence this such as the increased availability of cheap imports, but Germany manages to run a surplus and has a far higher share of it's economy still in manufacturing. People can point to financial markets in London being so dominant, but outside of London there are 55m people and huge scope for increasing productivity and investing in manufacturing. Thatcher dismantled much of what did exist in the North and didn't bother replacing it with productive industry. Just said said there's no such thing as society and washed her hands of them.
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Originally posted by nickgusset
Once again, may doesn't actually answer a question in pmq's and gets away with it. She did answer them...just not in the way you wanted
The Voice of Reason In An Otherwise Mediocre World |
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Originally posted by CambridgeEagle
I certainly think Labour didn't do enough. They halted the huge increase in inequality seen between 1979 and 1997, but they didn't reverse it. They reduced the lower rates of income tax but did nothing about the higher rates until after the GFC, which has subsequently been reduced by the Tories. They also increase NICs on everyone, but the biggest burden on low to middle incomes. But government spending did increase as a proportion of GDP under Labour steadily up until the GFC, and debt as a proportion of GDP were exactly the same as in 1997 when the GFC started. The serious failing was deregulation of banks and financial markets and then a lack of coherent response in 2009/10. They also could and should have done a lot more to improve productivity. The insistence that 50% of people go to University at the expense of other ideas of how to improve educational achievement and prepare people for work is one example I can think of. Problems with the UK's balance of payments stem from 1979 and Thatcher's destruction of manufacturing. it has also got significantly worse since 2010. Labour did little though in terms of industrial policy or addressing productivity to help. There are obviously external factors which influence this such as the increased availability of cheap imports, but Germany manages to run a surplus and has a far higher share of it's economy still in manufacturing. People can point to financial markets in London being so dominant, but outside of London there are 55m people and huge scope for increasing productivity and investing in manufacturing. Thatcher dismantled much of what did exist in the North and didn't bother replacing it with productive industry. Just said said there's no such thing as society and washed her hands of them. Ironically an area that is starting and will continue to grow as a result of Brexit
The Voice of Reason In An Otherwise Mediocre World |
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Originally posted by Lyons550
Ironically an area that is starting and will continue to grow as a result of Brexit We shall see! This is purely off the back of sterling depreciation, which could reverse given any number of external shocks. It's not off the back of any actual policy or concerted effort.
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