Cons back in and another recession looming,when's the music gonna improve?

[Padgham]

So Labour lost the '87 election because of Red Wedge did they?

 

To put it kindly, I don't think Red Wedge made any <removed> difference TBH ...

 

But it begs the question, what's happened to all those performers who took part in Red Wedge? How many of them are still actively campaigning for the socialist revolution and how many of them don't give a <removed> anymore and are just living happily in their big houses counting their money?

[LadOnDole]

Why is everyone worrying about this economic downturn? what is wrong with you all? CHILL OUT !!!!

 

I'm not afraid of this recession, why?

 

Well, because I was a failure during the boom years

[WeX]

He never traumatised us with "one more night" or "easy lover" though did he?

 

 

You've got a point there

[Vague_Boy]

labour might have run up debt like everyone else but look what were losing wth the coalition too fast losing jobs familys strugling losing police hospitals care homes it all could have been done much slower typical tories.

 

It could all have been done much slower? How much time do you want? Ten years? Twenty?

 

Here is what we have/will spend between 2008 and 2015. You should notice one thing straight away.

 

2008/09 - £618bn (source)

2009/10 - £671bn (source) - increase 8.57%

2010/11 - £697bn (source) - increase 3.87%

2011/12 - £701.8bn estimate (source) - increase 0.69%

2012/13 - £713bn estimate - increase 1.60%

2013/14 - £724.2bn estimate - increase 1.57%

2014/15 - £739.8bn estimate - increase 2.15%

 

In nominal terms we are spending more and more each and every year, we are not slashing spending as the media like to point out. Yes, it is a real cut when you take inflation out (from next financial year onwards) but the amount we're borrowing (the deficit) will not fall, it will increase. We'll be borrowing even more in 2015 than we are now.

 

This is why the national debt will also be higher in 2015 than it is now.

 

Typical Tories? Trying (however feebly) to live within our means and not spending future generation's wealth before it's been earned? (In other words, stealing from the next generation). Yep, they're evil all right.

[Tipex]

Pfff doubt will hear good music like that again! Look at how good music was compared to ur second effort.

[INTERVIEWER]

Why is everyone worrying about this economic downturn? what is wrong with you all? CHILL OUT !!!!

 

I'm not afraid of this recession, why?

 

Well, because I was a failure during the boom years

 

The so-called 'boom' years mainly benefited the bankers, financial speculators and the rich - all of whom got much richer. I struggled to survive during the 'boom' years, as did many others. And now we have a time of austerity. Money is so tight these days that we have our exceedingly wealthy politicians distributing £billions in foreign 'aid' money to corrupt and super rich regimes.

 

International development 'aid' takes money from the poor in rich countries, and gives it to the rich in poor countries. A civilised, sane society would end all such aid immediately.

[Keith Rich]

Maybe its just an urban myth, but i thought that lyric was based literally on something that happened to Phil Collins. Some guy was struggling in deep water and Phil froze and did nothing.

 

This Phil Collins song was aimed at his wife actually who had just left him for a paint and decorator. Hence the paint pot on his piano when he played the song on Top of the Pops. The whole album from which it comes Face Value was written when Collins was in deep depression after his marriage broke up.

[Keith Rich]

It could all have been done much slower? How much time do you want? Ten years? Twenty?

 

Here is what we have/will spend between 2008 and 2015. You should notice one thing straight away.

 

2008/09 - £618bn (source)

2009/10 - £671bn (source) - increase 8.57%

2010/11 - £697bn (source) - increase 3.87%

2011/12 - £701.8bn estimate (source) - increase 0.69%

2012/13 - £713bn estimate - increase 1.60%

2013/14 - £724.2bn estimate - increase 1.57%

2014/15 - £739.8bn estimate - increase 2.15%

 

In nominal terms we are spending more and more each and every year, we are not slashing spending as the media like to point out. Yes, it is a real cut when you take inflation out (from next financial year onwards) but the amount we're borrowing (the deficit) will not fall, it will increase. We'll be borrowing even more in 2015 than we are now.

 

This is why the national debt will also be higher in 2015 than it is now.

 

Typical Tories? Trying (however feebly) to live within our means and not spending future generation's wealth before it's been earned? (In other words, stealing from the next generation). Yep, they're evil all right.

 

People would be more prepared to accept the cuts if those who caused the problem in the first place were doing their share.

 

Apparently Banker Bob Diamond has been given 40 million in salaries in the last few years but despite this has also accepted an 8 million pound bonus.

[WeX]

People would be more prepared to accept the cuts if those who caused the problem in the first place were doing their share.

 

Precisely.

 

Apparently Banker Bob Diamond has been given 40 million in salaries in the last few years but despite this has also accepted an 8 million pound bonus.

 

Out of all the banks that have had a hand in the financial crisis, Barclays was not one of them, needing no help and were relatively stable. I don't see why, on this thread you would target their Chief Executive unless you are highlighting the greed factor which is of course grotesque.