The "coalition cuts" megathread

[Wildcat]

That's all clap trap, its number that count not spin.

 

Yes Denmark has a high standard of living too under a high tax regime.

 

What do you think you are proving?

 

Also the numbers themselves about growth etc. are not so important. What matters is the standard of living something than is not solely a matter of wealth acumulation.

 

The more equal a society is the better everyone is under a whole range of well being indicators.

http://www.equalitytrust.org.uk/

[truconstruct]

It's called ecconomics, its how we work out how countries are really going on.

 

I see you prefer hyperbole though.

[Wildcat]

It's called ecconomics, its how we work out how countries are really going on.

 

I see you prefer hyperbole though.

 

 

Says the person who can't help himself with the insults when your arguments fall apart:

 

http://www.sheffieldforum.co.uk/showpost.php?p=6284557&postcount=124

 

http://www.sheffieldforum.co.uk/showpost.php?p=6284557&postcount=126

 

Show me where I have exaggerated anything?

[truconstruct]

 

Says the person who can't help himself with the insults when your arguments fall apart:

 

http://www.sheffieldforum.co.uk/showpost.php?p=6284557&postcount=124

 

http://www.sheffieldforum.co.uk/showpost.php?p=6284557&postcount=126

 

Show me where I have exaggerated anything?

 

Your definition of an unsult is interesting, since retirement do you find union leaders so hateful.

[Wildcat]

Your definition of an unsult is interesting, since retirement do you find union leaders so hateful.

 

There is no need to throw your toys out of the pram.

 

Since you mention Trade Unions you may be interested to look at the Touchstone blog's analysis of the cuts:

 

http://www.touchstoneblog.org.uk/

 

The FT's Economists forum also runs with an interesting article from a US economist despairing at how Neo-Liberalism has infected europe and promises to undermine our economies.

 

It concludes:

 

Yet, policy continues to respond with too little, too late, and then goes on to compound the damage with inappropriately timed austerity and doubling-down on policies of wage suppression that have already wrought such havoc.

 

The root problem is the dominance of flawed neo-liberal economic thinking. This problem is particularly acute in the ECB and European finance ministries which are dominated by economists trained in Chicago School neo-liberal macroeconomics. Ironically, social democratic Europe has been much more virulently infected by this strain of thinking than the US where politicians’ pragmatism has moderated economists’ extremism.

 

The Great Recession may have lowered economists’ public standing but it has not yet changed their thinking or swept away the top policy appointees who have failed so disastrously. When it comes to economics, Max Planck was too optimistic about scientific progress.

 

http://blogs.ft.com/economistsforum/2010/05/europes-debt-crisis-and-keynes-green-cheese-solution/

[Tony]

Why not quote Chomsky and Chavez while you're at it.

 

The truth is that right now the very structure of the Euro Zone is what is undermining Europe. So called imported American Neo-Liberalism has nothing to do with it - Europeans invented globalisation before America was invented.

 

 

 

Are we all agreed that Sweden is a busted flush? If so, can we also agree that Norway is being held up by diminishing oil and gas reserves?

[L00b]

Lots of perceptions and cultural stereotypes there, but rather short on evidence.

I don't believe in wasting my time answering that, on the evidence of your reply posts to truconstruct's numerical evidence (in the context of your own discussion with truconstruct). BTWm, I'm half-French half-Italian, so would know a little bit about this 'stereotyping'

 

How do you think France and Italy compare with the more than 100,000 super rich Non-Dom tax avoiders living in London for example?

Many many more than that figure between them. Ex-tax inspectors being the first among them (the vast majority serving the minimal 15 years in civil service then retiring and becoming tax advisors to the super-rich overnight - literally!). Seen that at the coal face, during my stint in the French civil service (highest level in regional executive).

 

You may have missed the fact that France went through its own Labour phase (and accompanying taxation policies) since 1981, generating the sort of brain drain and tax exiling not seen by the country since before WWII.

 

Socialism (after a fashion), spending like it's going out of fashion, an economical bust and the jobs/financial/taxation/policies aftermath...seen it all happen before elsewhere, Wildcat.

[1ofTheseDays]

First on the chopping block - BECTA:

 

http://www.theregister.co.uk/2010/05/24/becta_cut/

 

Good riddance I say.

 

You missed the N in cuts in the title

[RonJeremy]

That's just a hypothesis. You could equally put forward the hypothesis that companies should pay more taxes and private individuals less, because that way consumers will have more disposible income to spend on the goods and services companies provbide and because the companies are selling more they can expand and pay more wages etc.

 

No it isn't hypothesis. It iswhat happenned when Thatch removed the top rates of tax and brought them down to 40%. Businesses felt it wasn't worth evading or avoiding tax and got on with making money and employing people. The virtuous circle.

 

Why should owners of companies and entrepreneurs have even more of their own money stolen from them (taxed) and given to the feckless or wasted on stupid non-jobs? I can't see any justification for this.

[Longcol]

No it isn't hypothesis. It iswhat happenned when Thatch removed the top rates of tax and brought them down to 40%. Businesses felt it wasn't worth evading or avoiding tax

 

Apart from Lord Ashcroft.

 

http://www.timesonline.co.uk/tol/news/politics/article7046038.ece