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For fuck's sake, just look at the creep....
Ughhhhhhhhhhhhhhh!
The Penguin
Letting off steam. You don't have to like it or agree with it, it is written for my benefit and no one else's. Feel free to add comments if you choose. There will be no moderation. If you choose to post personal attacks, I may well leave them there, so that the bile can fester in the sunshine of my approval, as I regard it from the vantage point of the moral highground.
The source added: "But this is exactly the sort of patronising conversation that we will continue to have with the voters before slagging them off as we drive away in our limousines."
The Penguin
"The IFS praised Labour for sticking to tough spending plans in Government between 1997 and 2001. The party had already made a commitment to follow spending plans set out by the previous Tory Government.
However the IFS identified a damaging period of “fiscal drift” between 2001 and 2007 when debt mounted to pay for spending on public services.
It said Mr Brown’s refusal to match spending rises with tax increases after 2001 had meant the UK had been forced to borrow heavily, up to and through the recession.
While Britain’s spending was the second highest among developed countries in the 10 years to 2007, its tax increases were only fifth highest over the same period, it said.
The result was that on the eve of the financial crisis in 2007 the UK was left “with one of the largest structural budget deficits in the developed world”.
The IFS said: “Mr Brown is fond of reminding us that this has been a global financial crisis. However the UK … has experienced a worse deterioration in its fiscal position than many other industrialised countries.” "
Never mind, said a Liebore spokeweasel, we've all got gold-plated pensions.
The Penguin
Sir,
As expected, a key election issue concerns how much to cut government expenditure in 2010-11. The main opposition party now proposes to cut an extra £6 billion in 2010-11, on top of the measures already planned by the Government. This cut is described as efficiency savings. But in economic gobbledook it is just a cut by another name, ie efficiency savings or anything else. It is all about supply and demand. The supply of economists is elastic but the demand for them very inelastic and we are worried about being sacked when belts are tightened, so this will lead directly to job losses and indirectly to further falls in spending by us at Waitrose. Or the Co-op. At a time when recovery is delicate, it could leave us on Job Seekers Allowance, which even folk as out of touch with reality as we are know is not enough to get by on. And most of us are past our best — with much larger job consequences.
This is not the time for such a destabilising action. The recovery is still fragile. We have not yet stuffed enough away to want to be on the scrap heap. Firms and households are saving more to rebuild their balance sheets. This means that firms are investing less and employing fewer fuckwit economists. Only when the recovery is well underway, will it be safe to have extra cuts in government expenditure.
The first step is to make sure that growth returns, and economists jobs are safe. Rash action now could imperil not only our jobs but also the prospects for Gordon Brown.
Lord Layard
Emeritus Professor of Economics, LSE; founder of the LSE Centre for Economic Self-Congratulation
Lord Skidelsky
Emeritus Professor of Political Economy, Polytechnic University of Coventry, nearly Warwick
Gary Elsby, Emeritus Professor of Politcal Stupidity, Polytechnic of Stoke on Trent
Chris Allsopp
Reader in Economic Policy, University of Oxford; former member of the MP; pinko-crypto-commie
Philip Arested-Developmentis
Professor of Economics, University of Cambridge;
Michael Ambrosi
Jean Monnet Professor for European Economic Policy, University of Trier, Germany( so what's it got to do with me?)
Mark Shaffer
Professor of Economics at Heriot-watt University(not a proper one)
David Blanchflower
Bruce V. Rauner Professor of Economics, Dartmouth College, USA, former member of the MPC and well known marxist lunatic
William Brown
Montague Burton Professor of Industrial Relations, University of Cambridge- imagine that, a Professor of Industrial Relations, my mother is SO proud.
Wendy Carlin
Professor of Economics, University College, London and token girlie.
A right load more tossers also signed this important letter.
None have ever run a business.
The Penguin
Image copyright ImpactLab.com
When Tony Blair was running for Prime Minister, D:Ream's Things Can Only Get Better was Labour's election theme song.
So Gordon Brown ordered his advisers to trawl the archives to find a suitable anthem for him. They came up with the 1970s song Don't Stop Believin' by Journey, whose lyrics somewhat aptly go: 'Working hard to get my fill, everybody wants a thrill
'Payin' anything to roll the dice, just one more time Some will win, some will lose Some were born to sing the blues Oh, the movie never ends It goes on and on and on and on Don't stop believin' Hold on to the feelin' Streetlight people . . .'
Sadly, when Labour asked Sony if they could use it, the response was swift: 'Absolutely not.'
The Prime Mentalist, flanked by his Cabinet of All The Talentless, said in Downing Street: 'It will come as no surprise to all of you - and it is probably the least well-kept secret of recent years apart from my being a cowardly Jonah- but the Queen has kindly insisted on the dissolution of the disgustingly corrupt Parliament and a General Election will take place on May 6.
'I come from a rabid puritanical upper middle-class family of God-botherers in a grim Scottish town and I know where I come from and I will never forget the values - doing the right thing, doing your duty, taking responsibility, working hard - that my parents instilled in me. But I will continue to ignore these, and follow my own snot-encrusted and disturbed tendencies.'
He went on: 'I'm asking you, the British people, for a clear and straightforward mandate to continue the urgent and hard work of doing away with boom and bust, selling off the gold bullion, wrecking the pensions, starving the military of necessary funding, saving the World, and creating five million skilled jobs for immigrants over the next five years.'