tag:blogger.com,1999:blog-1141932539860553199.post3440758089848789808..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: Well, they would say that, wouldn't they?Mark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-1141932539860553199.post-69942678721123278912013-11-06T17:55:07.206+00:002013-11-06T17:55:07.206+00:00DBC: "to the punters as increased wages; pens...DBC: <i>"to the punters as increased wages; pensions; benefits or even national/citizens dividend"</i><br /><br />Chance would be a fine thing!Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-45146216636806707452013-11-06T16:57:14.535+00:002013-11-06T16:57:14.535+00:00@M
Yes but the alternative: that the government do...@M<br />Yes but the alternative: that the government does n't spend anything at all, or as little as the private sector, is no improvement. I am not talking about the guv dishing out money to private sector businesses like property developers (aka house shortage maintainers) but to the punters as increased wages; pensions; benefits or even national/citizens dividends.DBC Reedhttps://www.blogger.com/profile/17891849727783879145noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-48227221475135744172013-11-06T10:36:18.118+00:002013-11-06T10:36:18.118+00:00DBC: "The point is surely that the private se...DBC: <i>"The point is surely that the private sector is also not investing or spending money like water"</i><br /><br />Good point. It's all going into land price bubbles or cheap imports.<br /><br /><i>"cutting State spending at the same time is disastrous"</i><br /><br />That's the point. The Lib Cons are NOT cutting state spending - they are giving even more money to their private sector mates, who in turn are putting it into land price bubbles or cheap imports.<br /><br />Mark Wadsworthhttp://markwadsworth.blogspot.co.uknoreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-68989602477405117142013-11-06T10:00:15.642+00:002013-11-06T10:00:15.642+00:00@M
The point is surely that the private sector is ...@M<br />The point is surely that the private sector is also not investing or spending money like water and so cutting State spending at the same time is disastrous: that old mixed economy thing they used to do in the old days where the two streams of spending complemented each other. The private sector uber alles theme is all very well when it is loaded but since it was damaged by the private sector banks' greed frenzy it probably does need help but in the form of massive demand (not supply) stimulus.<br />I always used to wonder what it was like in the 30's when the great and good did n't know what they were doing.DBC Reedhttps://www.blogger.com/profile/17891849727783879145noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-26182471205118267982013-11-05T15:44:54.070+00:002013-11-05T15:44:54.070+00:00DBC, Anon sort of makes a good point, but you both...DBC, Anon sort of makes a good point, but you both (as does Martin Wolf) overlook the fact that the UK government is spending money like water.<br /><br />True to British tradition, this government is even worse than the previous one!<br /><br />Admittedly this is mainly corporate subsidies and not "good stuff which benefits the little people" but there you go.Mark Wadsworthhttp://markwadsworth.blogspot.co.uknoreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-42429555514234950142013-11-05T14:53:16.026+00:002013-11-05T14:53:16.026+00:00@anonymous
Perhaps you have n't grasped that I...@anonymous<br />Perhaps you have n't grasped that I was following the argument of Martin Wolf in the New York Review of Books 11 July 2013 "How Austerity has failed"(on Net).He argues that the events of 2008 severely weakened the private sector .DBC Reedhttps://www.blogger.com/profile/17891849727783879145noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-2199422733004173342013-11-05T14:13:08.057+00:002013-11-05T14:13:08.057+00:00the
right wing continues to support greater auster...<i>the<br />right wing continues to support greater austerity in the UK, while bewailing the lack of export opportunities in Europe where they practise the self same austerity </i><br /><br />Perhaps you haven't grasped the idea that controlling government spending does not imply that non government spending is to be subject to the same control.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-9920205358754700272013-11-05T08:45:55.493+00:002013-11-05T08:45:55.493+00:00As Martin Wolf has made clear, the
right wing cont...As Martin Wolf has made clear, the<br />right wing continues to support greater austerity in the UK, while bewailing the lack of export opportunities in Europe where they practise the self same austerity .Buffoons AND scoundrels.DBC Reedhttps://www.blogger.com/profile/17891849727783879145noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-59257916583080714162013-11-04T17:59:05.040+00:002013-11-04T17:59:05.040+00:00L, fair enough, most "civil engineering"...L, fair enough, most "civil engineering" is carried out for the government, so that's what they lobby for more of.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-17672835879665280382013-11-04T17:48:48.125+00:002013-11-04T17:48:48.125+00:00Re Rngineering - you should read the pro statist, ...Re Rngineering - you should read the pro statist, pro subsidy bilge that gets into the New Civil Engineer trade mag.Lolahttps://www.blogger.com/profile/04586735342675041312noreply@blogger.com