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It is time for a different outlook. I think there will be a lot of disappointed people under a labour government because there's almost a stigma it's going to be completely different. It isn't.
Quote from: big fat yorkshire pudding on December 08, 2022, 06:41:07 pmIt is time for a different outlook. I think there will be a lot of disappointed people under a labour government because there's almost a stigma it's going to be completely different. It isn't.The economics WOULD be completely different. We've been desperate for a sensible Keynesian economic approach for 12 years.I'm not sure people realise how transformatory it would be if we had that for a decade under Labour.In one sense, Truss was right. We DO have a massive problem that our growth is way too low. She was just wrong about the solution when she proposed the Patrick Minford batshittery.If we went back to the days of a Gordon Brown macroeconomic model, and had a decade of 2.5% growth, the results would be astonishing. The difference between 1.5% annual growth (which is at the top end of what we've had under the Tories) and 2.5% growth (which is what we had for 60 years before) is £1.5trn over a decade.Think what the country would be like with an extra £1.5trn to spend over a decade. Work out how many new houses or hospitals, or nurses or coppers that would pay for.
Quote from: BillyStubbsTears on December 08, 2022, 06:51:36 pmQuote from: big fat yorkshire pudding on December 08, 2022, 06:41:07 pmIt is time for a different outlook. I think there will be a lot of disappointed people under a labour government because there's almost a stigma it's going to be completely different. It isn't.The economics WOULD be completely different. We've been desperate for a sensible Keynesian economic approach for 12 years.I'm not sure people realise how transformatory it would be if we had that for a decade under Labour.In one sense, Truss was right. We DO have a massive problem that our growth is way too low. She was just wrong about the solution when she proposed the Patrick Minford batshittery.If we went back to the days of a Gordon Brown macroeconomic model, and had a decade of 2.5% growth, the results would be astonishing. The difference between 1.5% annual growth (which is at the top end of what we've had under the Tories) and 2.5% growth (which is what we had for 60 years before) is £1.5trn over a decade.Think what the country would be like with an extra £1.5trn to spend over a decade. Work out how many new houses or hospitals, or nurses or coppers that would pay for.That all sounds great BST and we would all love to see that happen over the next electoral cycle.But, and there is always a but, we could never be sure That the "transformatory" Government would not be averse to the odd "rouge policy" that comes to bite us nice and hard in the arse.I'm thinking of the pensions debacle as one example that nice Mr Brown convinced us was a good thing for the future. His meddling allowed the shi*house company i worked for previously to grant themselves virtually permanent payment holidays that decimated what should of been a decent final salary scheme. So when i get to a position where i can take a pension that part of it will be ultra useless to me.So that will be defiantly "transformatory" for me in the future thanks to that nice and very clever Mr Brown.Lets just hope that Starmer does not follow type and beggar a large proportion of the working population to assist any of his future pet projects.
As I’ve previously posted, I voted Labour until Tony Blair got and sold this country out , I’ll never ever vote Labour again.