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Old 08-01-2016, 19:26   #11
Stagflation
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Quote:
Originally Posted by Visage View Post
You can't cut your way out of recession, basically.
It's 8 years since the financial crisis, when does cutting start?
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We all want progress. But progress means getting nearer to the place where you want to be. And if you have taken a wrong turning, then to go forward does not get you any nearer. If you are on the wrong road, progress means doing an about-turn and walking back to the right road; and in that case the man who turns back soonest is the most progressive man.

C.S. Lewis
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Old 08-01-2016, 20:41   #12
Visage
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See Craig's graph.
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Old 08-01-2016, 20:41   #13
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If you can read this you are looking at my user title, well done
 
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Nobody has any money apart from a view who are on good money, talking to a lad at work going on about getting a new leased car 250 payments the moaning about not having a money the next minute

shit is gettting real with China and if people are stupid enough not to save since 2008 and try and not be flash then they are the ones going to be fucked and moaning again
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Old 08-01-2016, 23:14   #14
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Quote:
Originally Posted by Malcolm Tucker View Post
Graph might be more useful if it wasn't scaled to five years and five percent
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IF you can keep your head when all about you
Are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you,
But make allowance for their doubting too;
If you can wait and not be tired by waiting,
Or being lied about, don't deal in lies,
Or being hated, don't give way to hating,
And yet don't look too good, nor talk too wise:

If you can dream - and not make dreams your master;
If you can think - and not make thoughts your aim;
If you can meet with Triumph and Disaster
And treat those two impostors just the same;
If you can bear to hear the truth you've spoken
Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to, broken,
And stoop and build 'em up with worn-out tools:

If you can make one heap of all your winnings
And risk it on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breathe a word about your loss;
If you can force your heart and nerve and sinew
To serve your turn long after they are gone,
And so hold on when there is nothing in you
Except the Will which says to them: 'Hold on!'

If you can talk with crowds and keep your virtue,
Or walk with Kings - nor lose the common touch,
If neither foes nor loving friends can hurt you,
If all men count with you, but none too much;
If you can fill the unforgiving minute
With sixty seconds' worth of distance run,
Yours is the Earth and everything that's in it,
And - which is more - you'll be a Man, my son!

GOD BLESS YOU.
EACH AND EVERY ONE.




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HAVE A MERRY CHRISTMAS EVERYBODY


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AND A SUPER DOOPER DAY
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Old 08-01-2016, 23:43   #15
Visage
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Which part is confusing you?
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Old 09-01-2016, 00:42   #16
TheSultanOfShoeVomit
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Perhaps the fact that the X axis is a ratio which will demonstrate relative rather than literal cuts
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Old 09-01-2016, 01:31   #17
Enoch Powell
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It's also misleading because (iirc) spending has gone up in real terms (inflation adjusted). It is possible for this to happen simultaneously with spending falling as a proportion of GDP. In the end what are we arguing about, to what purpose? The idea that borrowing and spending a bit more would somehow make us grow more? Okay, let's accept that premise for the sake of argument. Okay, we're growing a bit more, is this making us happier? More successful? What benefit are we getting? What metric are we using? How deeply are you thinking about this really? Is it just accepting the 'growth is good' mantra? We need growth? Growth is good, no growth is bad? Because someone else said so?
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Old 09-01-2016, 01:57   #18
Stagflation
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Growth is good for the 1%.
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We all want progress. But progress means getting nearer to the place where you want to be. And if you have taken a wrong turning, then to go forward does not get you any nearer. If you are on the wrong road, progress means doing an about-turn and walking back to the right road; and in that case the man who turns back soonest is the most progressive man.

C.S. Lewis
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Old 09-01-2016, 02:12   #19
Enoch Powell
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Nature must surely laugh at us, or perhaps be bewildered by us as a species. We're here on this beautiful planet with all the abundant resources and what do we do? Set about using it all up as quickly as we fucking can, racing and racing to go faster and faster every year, more, more, more, it's never enough, we must greed for more every year. And it will never be enough. Because man is a very greedy and stupid animal.

And we argue and pore over minutiae of ultimately meaningless and pointless economic numbers as if our lives depended on it. Never seeing the wood for the trees.
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Old 09-01-2016, 03:55   #20
Stagflation
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We need a new hippy generation.
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We all want progress. But progress means getting nearer to the place where you want to be. And if you have taken a wrong turning, then to go forward does not get you any nearer. If you are on the wrong road, progress means doing an about-turn and walking back to the right road; and in that case the man who turns back soonest is the most progressive man.

C.S. Lewis
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Old 09-01-2016, 04:27
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This message has been deleted by Enoch Powell. Reason: off topic and personal dig
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