Gordon Brown... stopping the recession

[shadowninja]

Can we really buy our way out of a recession? Will it really work? Why wasn't it done before?

And where are we getting this money to loan to Iceland, give to India etc?

[Jasandjules]

shadowninja said:

Can we really buy our way out of a recession? Will it really work? Why wasn't it done before?

And where are we getting this money to loan to Iceland, give to India etc?

I think we'll be invading Iran soon, they've got oil.. Or maybe we'll take on the Saudi nation..................

[Digga]

Two words; King Canute.

[Murray993]

I saw Gordon down the printers this morning.....

[Guybrush]

Our recession wouldn't be half as bad, or we'd not have one at all, if it wasn't for Brown's handling of the economy since 1997.

[OJ]

Murray993 said:

I saw Gordon down the printers this morning.....

Queued up behind Robert Mugabe no doubt!

[jesusbuiltmycar]

shadowninja said:

Can we really buy our way out of a recession? Will it really work? Why wasn't it done before?

And where are we getting this money to loan to Iceland, give to India etc?

The only person to succesfully buy their way out of a recession was Adolf Hitler....

[shadowninja]

at the replies.

[_James]

jesusbuiltmycar said:

shadowninja said:

Can we really buy our way out of a recession? Will it really work? Why wasn't it done before?

And where are we getting this money to loan to Iceland, give to India etc?

The only person to succesfully buy their way out of a recession was Adolf Hitler....

And of course almost every other economy in the world as it has entered recession, through automatic stabilisers.

[Yertis]

Gordon Brown believes he can stop the earth's natural climate processes - halting a recession in it's tracks presents no difficulty to such a man.

[shadowninja]

Next week, cure for all cancers. Go, Gordon, go!

[Fittster]

Murray993 said:

I saw Gordon down the printers this morning.....

Which should delay the horror until after the next election which is all that matters.

[bazking69]

I now understand why no village have claimed their lost idiot yet...

[trooperiziz]

Digga said:

Two words; King Canute.

King Canute actually tried to command the sea to prove to his followers that it wasn't possible and he didn't have God-like powers.

[Swilly]

shadowninja said:

Can we really buy our way out of a recession? Will it really work? Why wasn't it done before?

And where are we getting this money to loan to Iceland, give to India etc?

Yes you can spend your way out of recession, but only if you adhered to the first part of Keynesian economic strategy... i.e. in the rich times, cut your spending, pay of your debts.

http://en.wikipedia.org/wiki/Keynesian_economics
Keynes advocated what has been called countercyclical fiscal policies, that is policies which acted against the tide of the business cycle: deficit spending when a nation's economy suffers from recession or when recovery is long-delayed and unemployment is persistently high—and the suppression of inflation in boom times by either increasing taxes or cutting back on government outlays

[FourWheelDrift]

shadowninja said:

And where are we getting this money to loan to Iceland

They've given Kerry Katona a gastric band to stop her eating the profits, thus saving them money rather than us giving it to them.

[MitchT]

shadowninja said:

Can we really buy our way out of a recession? Will it really work? Why wasn't it done before?

And where are we getting this money to loan to Iceland, give to India etc?

“We can't solve problems by using the same kind of thinking we used when we created them.” Albert Einstein…

And translated for the benefit of Gordon Brown: “Even more cheap borrowing won’t solve the problems that have been caused by too much cheap borrowing”.