Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

Fred can't remember

If it makes you happier then I Will rephrase it for you.

We are still suffering the consequences of a recession which was made worse by the actions of the last government. Those consequences will abate and we will be better off and happier in the fullness of time.

Ho Ho Ho, one hell of a climb down.

GF-----Most if not all of your list of 9 can be attributed to the fact that immigration was allowed to run riot under Labour with the consequential low wages.
2517

george - that's one hell of leap of logic that i don't think can actually be borne out .....

there's no doubt that the level of unbridled immigration that was (and still is) permitted has had a deleterious effect on many parts of the economy and also strained the benefit system, but your comment is far too sweeping

Don't give it the brush off (pun) cynic. It's well known that wages have been held down and immigrant workers prepared to take less than minimum wage is a major factor, especially amongst the lower paid, and many employers quite happy to exploit the situation.
2517

Bust, booom of Cameroon, Porky and Haze.

Check purchasing power of £, inflation. hours worked, and "production" for export,and % of GDP. Compare with 2010 and now.

Cameron and Hazy pick data and hypes the representation of it.

After 3 years of repressing an economy you would expect better.

George if thats the case why havent the DWP been prosecuting more employers. Surely they havent been turning a blind eye just to help out Dave and Giddeon carry out their flawed austerity plan.

A nudge nudge wink wink from I D S ehhhhh.

because it's a racing certainty that many of these chaps and chapesses are working cash-in-hand

for all that, i will yet again sing the praises of our local polish car-wash chap and his crew ...... he has worked very long and hard and now has two sites, both of which are well supported by the locals

GF-----They have been prosecuting employers, why they aren't prosecuting more is probably due to cutbacks.
2517

In the last year of the previous government there was just one prosecution.

The best way to stop interest rates rising is to keep inflation down. One method of keeping inflation down is to keep wages low.

It is a vicious circle. Higher wages can cause inflation. Inflation can also cause pressure on wage rises. Once the cycle begins it is difficult to stop it. Interest rate increases can also increase inflation and pressure for wage rises. They are all interlinked. Keeping wage rises down is key to an improving economy at present.

So.

You don't have to copy your parents for your own lack of actions.

You have had 3.5 years to do something about it.

The government should stop bleating, but I suppose it is sheep following their leader.

Wars have been won in less time.

Another 1.5 years to go then to correct the still untold damage that Labour created in 13 long years. We wont get fooled again!

chris - fossy's posts are worth a detour

cynic

i don't know if you said that as a pun , but The WHO sang " Won't get fooled again " and they were named the DETOUR'S when they first formed the band

Hays again well short of the mark on his economic theory above.

Cant believe he hasnt mentioned exchange rates imports and exports and the Balance Of Trade. These are things we rely on more than possibly any developed economy.

Mind you know what they say a plumber shouldnt be telling an electrician how to do his job.

it's actually a pun on the michelin green guide's comment

gf
You should know from Economics, that when discussing wages, inflation, interest rates or any mechanism the phrase 'Ceteris Paribus' applies.

Of course there are external influences and shocks, but the mechanism can still be discussed.

LOL LOL LOL LOL LOL LOL

2nd stand down today that.