barpen Posted February 23, 2013 Share Posted February 23, 2013 Nail & Head immediately spring to mind !!!! Top post !! I've just returned from a week in Greece. Visit there if you want to see the results of a government's attempts to spend it's way out of debt by borrowing money, but wear a hard hat if you do. Link to comment Share on other sites More sharing options...
MrSmith Posted February 23, 2013 Share Posted February 23, 2013 I've just returned from a week in Greece. Visit there if you want to see the results of a government's attempts to spend it's way out of debt by borrowing money, but wear a hard hat if you do. That’s why the country is in a mess, people spending their dosh in Greece when they should be spending it in Cleethorpes. Link to comment Share on other sites More sharing options...
Expat owl Posted February 23, 2013 Share Posted February 23, 2013 I've just returned from a week in Greece. Visit there if you want to see the results of a government's attempts to spend it's way out of debt by borrowing money, but wear a hard hat if you do. So after returning from holiday in Greece you confirm my comment. I also wasn't aware that we were trying to spend our way out of debt !! Link to comment Share on other sites More sharing options...
WeX Posted February 23, 2013 Share Posted February 23, 2013 So after returning from holiday in Greece you confirm my comment. I also wasn't aware that we were trying to spend our way out of debt !! No we are not, but if Labour had any say in it, that's their only plan. Link to comment Share on other sites More sharing options...
taxman Posted February 23, 2013 Share Posted February 23, 2013 Quote: Originally Posted by Expat owl Nail & Head immediately spring to mind !!!! Top post !! I've just returned from a week in Greece. Visit there if you want to see the results of a government's attempts to spend it's way out of debt by borrowing money, but wear a hard hat if you do. And I suppose you think the austerity measures currently being put in place in Greece are helping it's people? Wages slashed, jobs gone, schools closing etc etc. Sometimes the so called cure is worse than the disease. Posted from Sheffieldforum.co.uk App for Android Link to comment Share on other sites More sharing options...
MrSmith Posted February 23, 2013 Share Posted February 23, 2013 And I suppose you think the austerity measures currently being put in place in Greece are helping it's people? Wages slashed, jobs gone, schools closing etc etc. Sometimes the so called cure is worse than the disease. Whilst the cure might be more painful than the disease, the decease will eventually kill them if not cured. Link to comment Share on other sites More sharing options...
Vague_Boy Posted February 23, 2013 Share Posted February 23, 2013 It's worth pointing out of course that the UK would have lost its AAA rating much sooner had it ploughed on with the kind of manic spending practiced by wee Jock McClown. And of course, let us not forget this choice pre-election promise. Alistair Darling: we will cut deeper than Margaret Thatcher Thinktank warns of 'two parliaments of pain' with spending slashed by 25% to repair black hole in finances 'Two parliaments of pain'. The problem with George Osborne is that there hasn't been enough pain. He's just tinkering round the edges. Bond Apocalypse approaching fast Link to comment Share on other sites More sharing options...
barpen Posted February 23, 2013 Share Posted February 23, 2013 And I suppose you think the austerity measures currently being put in place in Greece are helping it's people? Wages slashed, jobs gone, schools closing etc etc. Sometimes the so called cure is worse than the disease. Posted from Sheffieldforum.co.uk App for Android So what would be your solution to the Greek dept crisis? Mine would be to not have spent too much in the first place. EU rules state a country's debt should not exceed 40% of GDP. What a pity for Osbourne that that wasn't the case when Darling handed over the reigns. Link to comment Share on other sites More sharing options...
ricgem2002 Posted February 23, 2013 Share Posted February 23, 2013 No we are not, but if Labour had any say in it, that's their only plan. and osbournes plan is working Link to comment Share on other sites More sharing options...
MrSmith Posted February 23, 2013 Share Posted February 23, 2013 It's worth pointing out of course that the UK would have lost its AAA rating much sooner had it ploughed on with the kind of manic spending practiced by wee Jock McClown. And of course, let us not forget this choice pre-election promise. Alistair Darling: we will cut deeper than Margaret Thatcher 'Two parliaments of pain'. The problem with George Osborne is that there hasn't been enough pain. He's just tinkering round the edges. Bond Apocalypse approaching fast I agree. There is always pain fixing the economy after labour leave office, this time they had much longer to ruin it so more pain was inevitable. Link to comment Share on other sites More sharing options...
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