Mr. Austerity My Ass!

Discussion in 'Politics' started by courseofhistory, Aug 26, 2012.

  1. courseofhistory
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    courseofhistory BANNED

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    So izzy he gonna do it ? Well maybe if he gets coerced enough since he's such a weakling and flip flopper!

    LINK

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  2. beretta304
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    You call your ass Mr. Austerity?
     
  3. California Girl
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    California Girl BANNED

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    It's working in Britain.
     
  4. ilia25
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    ilia25 I can do math

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  5. courseofhistory
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    courseofhistory BANNED

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    I hope he does get elected and his flip floppy leadership shows people what a doofus he is. Romney doesn't know from nothin'! Why did he want to be governor of MA? To implement republican policy? If so, he was pretty unsuccessful. Or if he wanted to implement dem policy, WHY? I thought he was against all that socialist stuff. He is a man without a calling except self-gratification of being president which is precisely why he became governor--a stepping stone for Mitt Romney to the presidency. He will be a disaster if elected!
     
  6. Darkwind
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    Darkwind Gold Member

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    Can you list the amounts and departments of government spending that has been cut in Britain?

    A link will be required.

    And I mean cuts. Not reductions in the rate of growth. That is what austerity means....actual dollar, or in this case, Pounds reduced from the previous budget.

    Thanks.
     
  7. kiwiman127
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    kiwiman127 Comfortably Moderate Supporting Member

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    Does this help?

    Budget 2012: welfare cuts, tax cuts too, but retreat on child benefit
    Budget 2012: welfare cuts, tax cuts too, but retreat on child benefit | UK news | The Guardian
     
  8. Darkwind
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    From your link......

    I do NOT see an actual figure, year over year of the budgetary spending.

    I read this as they claim that to not increase the spending is to take 229 billion out of the pockets of the recipients. Except that you cannot count money in that manner.

    do you have a budget for welfare as in an actual budget from last year, this year, and the projected budget for the next fiscal year?
     
  9. ilia25
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    ilia25 I can do math

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    So you think UK government were lying to the public when they claim that they have been pursuing austerity for the past several years? :)

    I don't have links handy, as far as remember, UK cut so called "real government consumption and investment spending", which is goods and services the government purchases.
     
  10. Darkwind
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    Darkwind Gold Member

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    Yes.

    Then we will have to agree to disagree. In every case where people claimed austerity measures were being enacted, the truth pans out to be that the rate of growth is the only thing that has changed.

    All of which is just an exercise in basic government/private economic interactions. There is no proven causation of government austerity to economic downturn.

    I suspect that the increases in taxation, as described in the link, is a contributing factor to the slowing economy. Additionally, the continues downward pressure on the wealth makers in the U.K., just like here in America, are the main contributors to anemic economic activity as a real slid back toward recession.
     

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