500,000 jobs to go in $131 billion UK cuts

Discussion in 'Politics' started by Flopper, Oct 20, 2010.

  1. Flopper
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    Flopper Gold Member

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  2. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    I wish.
     
  3. The Rabbi
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    The Rabbi Diamond Member

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    For Britain that's about 5% of GDP.
    The equivalent for us, with about $14T in GDP would be a cut of $700B, less than the Obama stimulus plan.
    We can only hope.
     
  4. GWV5903
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    GWV5903 Gold Member

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    Last edited: Oct 20, 2010
  5. LordBrownTrout
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    LordBrownTrout Gold Member

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    I hope. I'm having a hard time believing that the UK has the balls to do this but good for them.
     
  6. Flopper
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    Flopper Gold Member

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    I wonder if that's wish of all those Republican voters.
     
  7. 2Parties
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    2Parties Senior Member

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    Doubt they'll actually do it, but if they do it will be good for them.
     
  8. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    Not me!

    I hope the Obama administration keeps passing spending programs and the Fed keeps printing money until our whole system collapses. That way, the IMF can replace the Dollar with the Amero and we can usher in that North American Union I've been hearing about.

    Sounds exciting!
     
  9. Big Fitz
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    Big Fitz User Quit *****

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    Flopper, this is going to happen ultimately whether you want it or not. Soon we will be left with no choice, just as Britain has become.

    Oh but where would it be the most pleasent to see it happen? Washington. That'd be sublime.

    But of course, what I'd RATHER SEE IS THAT 700 billion trimmed by paycuts to every federal employee above the lowest 1-3 rungs of experience. and then a 10 year freeze on the budget. Nobody needs be fired then. Just kiss them benefits packages goodbye. Boom, solved. You'll just have to work for a living.

    Shit, just think of this. If they actually enforced quality of work limits so these no-call/no-show jobs went away, they'd save even more.
     
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  10. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    We have 2 options. Neither of them are nice.

    1) We cut spending and lose government jobs.

    2) Our government collapses, hyperinflation begins, most of the country loses jobs and starves.

    If someone's job is based on a lie, doesn't actually produce anything, or produces less than the costs of employment, then how on earth is keeping them employed in that job beneficial to them or the economy?
     
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