Comments on: Britain’s austerity experiment is faltering http://blogs.reuters.com/great-debate/2012/03/28/britains-austerity-experiment-is-faltering/ Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: ActionDan http://blogs.reuters.com/great-debate/2012/03/28/britains-austerity-experiment-is-faltering/#comment-42716 Sat, 31 Mar 2012 11:24:11 +0000 http://blogs.reuters.com/great-debate/?p=12308#comment-42716 Yeah, perhaps Mr Wapshott should explain in greater detail how he would fund the spending binge that he proposes.

Would he rob anyone with savings yet again, through quantitive easing, or does he have a better plan?
I guess we could always default on our debts, but that would also cause a lot of short-term pain.

So far, the government is still a long way off even balancing the books, and the budget deficit is hardly narrowing. So what we’re seeing so far is really not even “austerity”, it’s just a small concession towards sensible management of the country’s accounts. Something that the Labour government should have done years ago to stop us from getting into this mess in the first place!

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By: icd http://blogs.reuters.com/great-debate/2012/03/28/britains-austerity-experiment-is-faltering/#comment-42680 Fri, 30 Mar 2012 08:44:21 +0000 http://blogs.reuters.com/great-debate/?p=12308#comment-42680 This is journalism at its worst. It is about a serious subject, and at first glance seems like a serious piece, but Mr Wapshott does not make a single rational argument. “but British voters are fast beginning to tire of hard times….” So? Would you expect British voters to enjoy hard times? Does the comment prove anything? Does being a rich politician make your policies wrong? If Mr Wapshott has written a book about Keynes and Hayek he must know something this subject but he just writes silly platitudes. Mr Wapshott, if you have certain ideas about the wrongness of what is being done and the rightness of what should be done then why don’t you develop some logical arguments? Let me descend to the same juvenile level and ask if the answer to having grossly overspent and run up huge debts is to spend even more? I would like to think that some of us at least realise that the subject is complex and benefits from polite debate rather than slagging off the ‘other side’.

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By: scythe http://blogs.reuters.com/great-debate/2012/03/28/britains-austerity-experiment-is-faltering/#comment-42678 Fri, 30 Mar 2012 05:46:56 +0000 http://blogs.reuters.com/great-debate/?p=12308#comment-42678 (quote) UK is back in recession, OECD says

The OECD says UK output will decline 0.4% in the first three months of 2012 on an annualised basis. The UK is heading back into recession and will be among the slowest of the world’s largest economies to recover in the first half of this year, according to a study by the Paris-based thinktank, the OECD.

Only Italy will struggle over a longer period to return to growth, highlighting the difficult situation confronting the British government as it battles to boost confidence and get the economy back on track.

http://www.guardian.co.uk/business/2012/ mar/29/uk-back-in-recession-oecd

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By: Gillyp http://blogs.reuters.com/great-debate/2012/03/28/britains-austerity-experiment-is-faltering/#comment-42659 Thu, 29 Mar 2012 21:38:09 +0000 http://blogs.reuters.com/great-debate/?p=12308#comment-42659 Amateurs with no experience and an ideology written by Thatcher …the last time this lot were in my family and all there friends lost everything ….here we go again.

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By: mgb500 http://blogs.reuters.com/great-debate/2012/03/28/britains-austerity-experiment-is-faltering/#comment-42640 Thu, 29 Mar 2012 17:47:48 +0000 http://blogs.reuters.com/great-debate/?p=12308#comment-42640 Osborne’s broader economic experiment, however, is fast faltering. If it were a drug trial, doctors would be urgently taking patients off the snake oil and feeding them the placebo. In 2010, he inherited from Gordon Brown’s Labour government a fast-rising recovery in economic growth

ERRRRRRRRRRRRRRRR- this is a joke?? please tell me it is?? You seem to have missed the TITANIC PINK ELEPHANT in the room – NewLieMore’s “growth” was fuelled by a MASSIVE debt binge – or had you failed to notice that???????

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By: aspy http://blogs.reuters.com/great-debate/2012/03/28/britains-austerity-experiment-is-faltering/#comment-42635 Thu, 29 Mar 2012 15:27:09 +0000 http://blogs.reuters.com/great-debate/?p=12308#comment-42635 This is an absurdly biased article that does not reflect the true nature of the crisis, or the reality that the Labour opposition is equally privileged, with many private school educated millionaires sitting on the shadow cabinet. They would do no better, and to suggest they would ignores ten years of erroneous decisions by their party.

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By: AMB2 http://blogs.reuters.com/great-debate/2012/03/28/britains-austerity-experiment-is-faltering/#comment-42626 Thu, 29 Mar 2012 11:38:06 +0000 http://blogs.reuters.com/great-debate/?p=12308#comment-42626 Bit early for April 1st?

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