Recession - We're all saved!!

[crossle]

According to Alistair Darling, the effects of the recession will be eased as jobs are created by big London projects such as the 2012 Olympics and the £16bn Crossrail project.

Whew! So that's all right then.... Or not?

[Bing o]

crossle said:

According to Alistair Darling, the effects of the recession will be eased as jobs are created by big London projects such as the 2012 Olympics and the £16bn Crossrail project.

Whew! So that's all right then.... Or not?

Keynes

[Legend83]

It's too fking late. They should have done worthy projects like Cross Rail when the economy was strong.

Instead they pissed money up the wall creating thousands of non-jobs, consultative bodies, advisory tanks, st, wk, bks.

Now, it's time to borrow the country into oblivion and pay it back by taxing us to the eyeballs when the next 'boom' comes round.

To me, prudence has only ever been a st name for a girl.

[anonymous-user]

Legend83 said:

It's too fking late. They should have done worthy projects like Cross Rail when the economy was strong.

Instead they pissed money up the wall creating thousands of non-jobs, consultative bodies, advisory tanks, st, wk, bks.

Now, it's time to borrow the country into oblivion and pay it back by taxing us to the eyeballs when the next 'boom' comes round.

To me, prudence has only ever been a st name for a girl.

I'm with him!

Edited by anonymous-user on Monday 20th October 12:15

[crossle]

Bing o said:

crossle said:

According to Alistair Darling, the effects of the recession will be eased as jobs are created by big London projects such as the 2012 Olympics and the £16bn Crossrail project.

Whew! So that's all right then.... Or not?

Keynes

Milton or JM?

For years this gumment has been telling us that you can't cure a problem by throwing money at it. Unless of course it's a banking system, in which case all you can do is throw money at it...

[spikeyhead]

crossle said:

According to Alistair Darling, the effects of the recession will be eased as jobs are created by big London projects such as the 2012 Olympics and the £16bn Crossrail project.

Whew! So that's all right then.... Or not?

Considering all the workers on the construction projects will be Paddies or Sausages, I really can't see that making too much difference.

[esselte]

crossle said:

According to Alistair Darling, the effects of the recession will be eased as jobs are created by big London projects such as the 2012 Olympics and the £16bn Crossrail project.

Whew! So that's all right then.... Or not?

But weren't there jobs going to be there anyway...?

Edited by esselte on Monday 20th October 12:23

[dan1981]

crossle said:

Bing o said:

crossle said:

According to Alistair Darling, the effects of the recession will be eased as jobs are created by big London projects such as the 2012 Olympics and the £16bn Crossrail project.

Whew! So that's all right then.... Or not?

Keynes

Milton or JM?

For years this gumment has been telling us that you can't cure a problem by throwing money at it. Unless of course it's a banking system, in which case all you can do is throw money at it...

JM.

Spend you're way out of a recession. By spending on public projects.

Only it doesn't work.

Ask Japan.

[crossle]

esselte said:

crossle said:

According to Alistair Darling, the effects of the recession will be eased as jobs are created by big London projects such as the 2012 Olympics and the £16bn Crossrail project.

Whew! So that's all right then.... Or not?

But weren't there jobs going to be there anyway...?

Edited by esselte on Monday 20th October 12:23

Well spotted, that man!

[Monki]

Didn't Keynes also suggest lowering taxes to encourage spending?

Edited by Monki on Monday 20th October 12:37

[dan1981]

Monki said:

Didn't Keynes also suggest lowering taxes to encourage spending?

Edited by Monki on Monday 20th October 12:37

And reduction in interest rates....

[Alfachick]

Bing o said:

crossle said:

According to Alistair Darling, the effects of the recession will be eased as jobs are created by big London projects such as the 2012 Olympics and the £16bn Crossrail project.

Whew! So that's all right then.... Or not?

Keynes

[10 Pence Short]

Bing o said:

crossle said:

According to Alistair Darling, the effects of the recession will be eased as jobs are created by big London projects such as the 2012 Olympics and the £16bn Crossrail project.

Whew! So that's all right then.... Or not?

Keynes

Would that be the same wonderful Keynes as responsible for the 1970s stagflation?

[Bing o]

10 Pence Short said:

Bing o said:

crossle said:

According to Alistair Darling, the effects of the recession will be eased as jobs are created by big London projects such as the 2012 Olympics and the £16bn Crossrail project.

Whew! So that's all right then.... Or not?

Keynes

Would that be the same wonderful Keynes as responsible for the 1970s stagflation?

Milton?