Brown refuses snap election and admits Labour would lose

[Immenseman]

The class war cannot be used anymore, theres no such thing as certain parties for the working class or middle class. We have seen this week, Labour MP's are just as bad as some Conservative MP's, if not worse.

So conservatives wouldn't be less lenient on the high taxes people from upper middle class families pay. They can afford it at the end of the day and it's beneficial to the running of the country. Until social class bias is removed from wider society it won't be removed from politics or any other aspect of life.

[scottish]

Anyone with economic competance, such as the people who run business and pay mortages in this country know perfectly well you don't overspend, this is were, yet again, Labour have tripped up.

YES it is a world recession, YES it was unavoidable, but i'm afraid inheriting one of the best balance sheets this country has had from when the Conservatives left office to spending and spending our way into debt and not saving money for a rainy day, not to mention the disasterous decision the man took with selling our gold while it was at a 25 year low and not only that, but told gold markets a week before he was planning to sell which sent gold prices plummetting in value - them decisions have no excuse, he was far from the economic miracle he was made out to be, as shown with his refusal to cut spending.

Oh yeh, lets just let out banking industry fail 4 da LuLzzz 'cause we can't afford to bail 'em out, meh only about 60million people will lose a few thousand to a few million pound, heh.

If we don't spend then ultimately the result is worse the entire sector will just fail, and a financial sector like banking fail that would just completely £$%£$ up our country.

also i don't remember countries having a balance sheet Countries have a balance or payments accuont etc, not balance sheets that final accounts in business's

[UKIP]

So conservatives wouldn't be less lenient on the high taxes people from upper middle class families pay. They can afford it at the end of the day and it's beneficial to the running of the country. Until social class bias is removed from wider society it won't be removed from politics or any other aspect of life.

You'd think it to be beneficial but isn't, history has proved it.
United Kingdom (1970's)
Soviet Union (throughout its entire existence)
North Korea (since the socialist revolution)

The economic cycle which keeps a country going is not the state but private enterprise. If you have high income tax, which for one isn't fair that one should have a majority of their wage taken away by the government and secondly drives business away, which means in the end the state is losing more money than it was gaing as business then closes/does not open, people lose jobs and then depend on the state and so forth.

The three examples say it all, socialism was a failed project and its about time the remains of it are sent to the history books.

Oh yeh, lets just let out banking industry fail 4 da LuLzzz 'cause we can't afford to bail 'em out, meh only about 60million people will lose a few thousand to a few million pound, heh.

If we don't spend then ultimately the result is worse the entire sector will just fail, and a financial sector like banking fail that would just completely £$%£$ up our country.

also i don't remember countries having a balance sheet Countries have a balance or payments accuont etc, not balance sheets that final accounts in business's

I don't remember the Conservatives saying just leave the banks, the banks are still near collapse now and are still not lending money which is the simple reason why the economy is shrinking as business cannot secure the funds needed to invest. In essense, nationalisation hasn't worked.

Countries don't have a balance sheet, however if you want a successful economy you don't build it up on high tax, lots of regulation and debt now do you, because if you built a business up on that it wouldn't last a week.

[scottish]

I'm pretty sure i recall david cameron saying "let the economy sort itself out" as he didn't wish to invest into the banking sectors and such to save them. which would have caused a complete fail.

So why mention balance sheet if you're aware its used in a country :rolleyes:

[Sammeth.]

I would have to agree with Gordon Brown, and Joey has helpfully rounded up my views exactly in a neat lil sentence. Nice. Labour all the way.

[Immenseman]

Also, I hardly think Brown is saying Labour would lose. He is merely saying that the last thing that needs to happen now is a general election. Obviously, Cameron would pounce on it because he's a leech. I don't really care which party is in power but if I was to vote, it'd be a vote for Labour.

[UKIP]

I'm pretty sure i recall david cameron saying "let the economy sort itself out" as he didn't wish to invest into the banking sectors and such to save them. which would have caused a complete fail.

So why mention balance sheet if you're aware its used in a country :rolleyes:

I have just looked and it appears that Conservative policy was for a restructuing of the banks which would of made the banks conform to government policy, without the costly mergers and nationalisation that this government has undergone.

As for the failure of some banks which brought their collapse on themselves, i'd rather in a worst case scenario a few banks go bust than the country itself, the last thing we want to see if the United Kingdom going to the IMF yet again after another disasterous Labour government.

Balance sheets, finances whatever you wish to call the countries economic management. It is all on balance sheets, expenditure, taxation and so forth. The fact is, instead of arguing for Labours' financial record you have decided to argue over whether we should call our countrys finances balance sheets or something different.

Our finances are in a mess because of Labour as I have stated previously in the thread, so either you stand up for great Gordons economic policy over the past 12 years or you accept that Labour have ruined the economy with generally poor management.

[scottish]

Hardly ruined the economy, every economy has booms and slumps and evidently we're in a slump, its the economic cycle nothing we can do will prevent this in the future.

Obviously you can blame labour because their the ones good enough to be in power, but these ones like UKIP and Conservatives can critisize labour as they're not the ones good enought o be in the position to handle it

trying to argue and take part in hx event at same time hence no essays as a response

[Mrs.McCall]

I would have to agree with Gordon Brown, and Joey has helpfully rounded up my views exactly in a neat lil sentence. Nice. Labour all the way.

100% agree.

I like Gordon Brown, just think he needs to just be a leader or more of a leader.

[UKIP]

Hardly ruined the economy, every economy has booms and slumps and evidently we're in a slump, its the economic cycle nothing we can do will prevent this in the future.

Obviously you can blame labour because their the ones good enough to be in power, but these ones like UKIP and Conservatives can critisize labour as they're not the ones good enought o be in the position to handle it

trying to argue and take part in hx event at same time hence no essays as a response

I acknowledged that earlier on, and went on to explain how Labour have generally made bad economic decisions and were the reason we were unprepared for the recession. The selling of the gold, the massive public spending program that has piled debt on the countrys finances, the pointless and costly cut in VAT, the nationalisation of the banks, high taxes and finally the continuation of the overblown public spending budget which is driving us deeper into debt.

The IMF, EU and Bank of England Governor seem to think we are one of the worst countrys in the world to battle the recession, and that IS Labours' fault, as stated above.

Conservatives and UKIP can blame Labour indeed, and they have a right to. They are not the parties which drove the country to the IMF in the past and maybe in the future, they left office with one of the best debt records in the countrys history.