T 42 Posted January 18, 2012 Share Posted January 18, 2012 Can I rush you to your point, please? Why should we take any notice of your investing in Britain comments when you elect to buy foreign yourself. Link to comment Share on other sites More sharing options...
Chris_Sleeps Posted January 18, 2012 Share Posted January 18, 2012 Why should we take any notice of your investing in Britain comments I asked a question. I didn't make any assertion that we should "buy British". Link to comment Share on other sites More sharing options...
T 42 Posted January 18, 2012 Share Posted January 18, 2012 I asked a question. I didn't make any assertion that we should "buy British". It seems that you've answered it then. Link to comment Share on other sites More sharing options...
Chris_Sleeps Posted January 18, 2012 Share Posted January 18, 2012 It seems that you've answered it then. Thank you for your input. I'd still like the person the question was addressed to have a try at answering it though. If he wishes. Link to comment Share on other sites More sharing options...
Cyclone Posted January 18, 2012 Share Posted January 18, 2012 Why should we take any notice of your investing in Britain comments when you elect to buy foreign yourself. A Ford bought in the UK was probably made in the UK and involved a UK supply chain and thousands of UK workers... Not that it was relevant anyway... Link to comment Share on other sites More sharing options...
I1L2T3 Posted January 18, 2012 Share Posted January 18, 2012 Funded by debt that we'll be paying off for decades... Of course. It would make eminent sense to fund long term projects with long term funding. Even better right now as we can borrow this money at record low interest rates. The projects would have to be high quality though and certain to deliver and drive economic stimulus and growth. We need projects that will add one pound minimum to GDP for every pound spent. Finally, at least one rating agency (Fitch) said they would be receptive to this. The flipside as you allude to in earlier posts is that other spending has to be under control and that means making efficiencies and cuts elsewhere. Link to comment Share on other sites More sharing options...
Cyclone Posted January 18, 2012 Share Posted January 18, 2012 Of course. It would make eminent sense to fund long term projects with long term funding. Even better right now as we can borrow this money at record low interest rates. The projects would have to be high quality though and certain to deliver and drive economic stimulus and growth. We need projects that will add one pound minimum to GDP for every pound spent. Finally, at least one rating agency (Fitch) said they would be receptive to this. The flipside as you allude to in earlier posts is that other spending has to be under control and that means making efficiencies and cuts elsewhere. It makes even more eminent sense to fund such projects with money saved from the boom period and thus not have any long term debt sapping future income. Link to comment Share on other sites More sharing options...
I1L2T3 Posted January 18, 2012 Share Posted January 18, 2012 It makes even more eminent sense to fund such projects with money saved from the boom period and thus not have any long term debt sapping future income. If the government started building reserves for some future unknown capital spending you would probably be complaining you were being taxed too much. Link to comment Share on other sites More sharing options...
Cyclone Posted January 18, 2012 Share Posted January 18, 2012 No, I'd be thinking that they were being sensibly prudent. It's not unusual to run a budget surplus during boom years. We chose not too and now we pay the price. Link to comment Share on other sites More sharing options...
I1L2T3 Posted January 18, 2012 Share Posted January 18, 2012 No, I'd be thinking that they were being sensibly prudent. It's not unusual to run a budget surplus during boom years. We chose not too and now we pay the price. so when was the last time the Tories did such a thing? Link to comment Share on other sites More sharing options...
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