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johnny the fox

Moody's down grades our economy..

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Posted

It appears when there is good economic news the Tory /Lib pack take full credit for it, but when there is bad economic news its the last Labour governments fault..

they have been in power two and a half years now, anybody know when they will take full responsibility for the state of the countries economic situation? just asking..

Posted

It appears when there is good economic news the Tory /Lib pack take full credit for it, but when there is bad economic news its the last Labour governments fault..

they have been in power two and a half years now, anybody know when they will take full responsibility for the state of the countries economic situation? just asking..

It was the same in the last labour government. Basically if shit's going well you can thank the incumbents, but when the fan's flinging it all over you can thank whoever was last in the seat.

Politics 101.

Posted

It was the same in the last labour government. Basically if shit's going well you can thank the incumbents, but when the fan's flinging it all over you can thank whoever was last in the seat.

Politics 101.

That's about how I see it.

Posted

Unemployment is still falling, the number of people employed has never been higher.

Don't come on here with your facts!

Some (apparent) facts...

(1) Unemployment is falling and employment is rising

(2) Output/GDP is falling most quarters

In other words, it seems that more people are being employed, yet fewer goods and services are being produced.

The terms for this is "declining productivity" and it is associated with economies in serious malaise that are going backwards. Politically, the right has always associated it with economies where labour (as opposed to capital) and the public sector (as opposed to the private) have too much power, corroding the national economy....yet this is happening under the Tories.

I'm genuinely curious as to what is going on. Any suggestions?

Could it be that the assumption of developed economies always moving up the food chain is proving to be incorrect?

Maybe we are "downskilling" - overall, people are moving out of highly-skilled, high value-added jobs into lower-skilled, more labour-intensive, lower-value-added jobs...in other words, we are gradually ceasing to be a "developed economy" and are moving back towards the third world? That would be some mark in the history books for Cameron and chums!

Posted

This is a part of a reply to an application. It shows how hard it is to get a job. Especially if you are not qualified for theposition applied for. Many people highly qualified in one sector are having to apply for less skilled jobs.

You can also register for job alerts on the website so that you will receive emails when a vacancy that matches your criteria is advertised, enabling you to be one of the first to apply - this is especially important as some roles can receive over 50 applications in only 24 hours and in these instances we will prevent further applications being submitted as

You can also register for job alerts on the website so that you will receive emails when a vacancy that matches your criteria is advertised, enabling you to be one of the first to apply - this is especially important as some roles can receive over 50 applications in only 24 hours and in these instances we will prevent further applications being submitted as we would anticipate suitable candidates being found within those 50 candidates.

Not taking sides or voicing an opinion. Make your own mind up. I have had very few replies from my applications and the above is part of the reason.

This was for a temporary shelf stacking job.

Posted

Their forecasts are pointless, so it doesn't really mean anything. Economy is not great, but at least it's not the catostrophy we were heading for under Labour.

Without any doubt. How conveniently the Labour supporters forget the enduring irresponsibility of their administration. The government should be doing more mind. We are still money we don't actually have on people who give nothing back and who come here simply to take advantage of our misguided system.

Posted

Without any doubt. How conveniently the Labour supporters forget the enduring irresponsibility of their administration. The government should be doing more mind. We are still money we don't actually have on people who give nothing back and who come here simply to take advantage of our misguided system.

In my experience (and by this I actually mean my professional, working life - not being some bigoted twat with a tabloid newspaper,) most of the people who "take advantage of our misguided system" were born here.

Posted

Some (apparent) facts...

(1) Unemployment is falling and employment is rising

(2) Output/GDP is falling most quarters

In other words, it seems that more people are being employed, yet fewer goods and services are being produced.

The terms for this is "declining productivity" and it is associated with economies in serious malaise that are going backwards. Politically, the right has always associated it with economies where labour (as opposed to capital) and the public sector (as opposed to the private) have too much power, corroding the national economy....yet this is happening under the Tories.

I'm genuinely curious as to what is going on. Any suggestions?

Could it be that the assumption of developed economies always moving up the food chain is proving to be incorrect?

Maybe we are "downskilling" - overall, people are moving out of highly-skilled, high value-added jobs into lower-skilled, more labour-intensive, lower-value-added jobs...in other words, we are gradually ceasing to be a "developed economy" and are moving back towards the third world? That would be some mark in the history books for Cameron and chums!

I think it's probably caused by lack of confidence, times are still uncertain and businesses are afraid to commit to large capital investment. Maybe better to employ an extra unskilled worker for now instead of committing 100k to that piece of machinery. Once things clear up a bit more maybe we'll see a rebound.

Politics aside the productivity puzzle is an interesting one. No doubt there's a really simple explanation that will become obvious in hindsight.

Posted

Politics and the economy are all so deja vu.

Posted

In the last 3 years 3.7 million have been made redundant

The report i read this week says there are currently more people employed in the UK than ever before. And that unemployment fell again.

If Blair hadn't opened the floodgates to buy votes when he knew there wasn't the new jobs available to give those he knew were being displaced perhaps the unemployment situation wouldn't have been so bad...especially as many of the jobs that were created were in the non-cash-productive public sector.

Why any working class should somehow support a party that has so disgracefully let them down in recent years I don't know.

Posted

Does this mean a pint of Watney's red barrel will be more expensive in Magalluf.

(Not been fo a while)

:D whenever i hear that i think of eric idle in the travel agent sketch

Posted

Are you blaming the French ?

Bien sûr!

Posted

i've seen that film , charlton heston was in it

See a political film, it's so pervasive this political stuff.

Posted

While I am personally pretty angry with Gordon Brown's government for allowing a structural deficit to arise in the first place, the people actually to blame for the Credit Crunch are the people who made huge amounts of money gambling with ordinary people's savings and mortgages.

How grotesquely ironic that the political party which represents these people were allowed to seize the moral high ground and win the election in 2010. (With a little help from their friends)

It has been proven time and again that cutting spending during a period of negative or slow growth only deepens the problem. The Tories continue to pursue a policy of savage cuts not because it might solve the problem, but because they are ideologically led to do it, regardless of the consequences!

And also because is is only people lower down the social scale who will suffer.

Posted

more like flogging a dead horse

The dead horse being Osborne I presume.

Posted

The report i read this week says there are currently more people employed in the UK than ever before. And that unemployment fell again.

If Blair hadn't opened the floodgates to buy votes when he knew there wasn't the new jobs available to give those he knew were being displaced perhaps the unemployment situation wouldn't have been so bad...especially as many of the jobs that were created were in the non-cash-productive public sector.

Why any working class should somehow support a party that has so disgracefully let them down in recent years I don't know.

Blair got the name of the new party wrong. It should have been New Tory not New Labour. There is not a party for the working class now which is why I do not care for any of them.

Posted

there's lots of dead horses , just like in ben hur

Aye those dead horses have starred in a few films.

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