09 Jul
Posted by ThunderDragon as Gordon Brown, Politics, The Economy
You have to say things like this when you are already in power:
I think I’m the right person to take people through these difficult times.
What he really means is that “the electorate think I’m a loser, and my deputy wants my job. But it’s my party and I’ll cry if I want to.”
Especially when the [...]
04 Jul
Posted by ThunderDragon as Money, Taxes, The Economy, Transport
As the “rumble of hauliers’ discontent gets louder with warning of strikes ” I thought I’d take a quick look at what makes petrol so expensive:
When we pay for petrol and other oil products, we look at the price and then blame the garage for making it so expensive. But where does the money we [...]
Says Tony Blair.
It’s tough for all leaders at the moment right around the western world because they’ve got things that are happening that, to be fair to them, is not really their individual fault… If you take the financial crisis or fuel prices, these are things that are being driven by world events. I said [...]
Can Gordo the Prime Minister fix the economy? His reply is, just like Bob the Builder’s, “yes I can“:
I can steer this economy through difficult times… I feel that I am in the right position to be able to sort out the problems that we have now… Good economic decisions can help people through difficult [...]
14 Apr
Posted by ThunderDragon as Alastair Darling, Gordon Brown, The Economy
Gordon Brown has the economy as his “sole focus,” does he? Then he should just take over from Alastair Darling as Chancellor.
A Prime Minister is supposed to be an overall manager, without a “sole focus” on any particular area. That’s the job of the relevant Cabinet ministers. To be experts in their own area, providing [...]
14 Apr
Posted by ThunderDragon as Humour, Money, The Economy
Following the problems in the sub-prime lending market in America and the run on Northern Rock in the UK, uncertainty has now hit Japan.
In the last 7 days the famous Origami Bank has folded, Sumo Bank has gone belly up and the Bonsai Bank announced plans to cut some of its branches.
Yesterday, it was announced [...]
indexed.
House prices are falling.
Home owners could see 25 per cent wiped off the value of their properties within two years, a leading economist has warned…The prediction came as a property market survey found house prices were falling in more than a quarter of the post codes in the country…It is the sixth month in a [...]
The minimum wage. It’s all well and good.
But raising it to £5.73 just when economic turmoil is predicted to about to strike is an exercise in sheer stupidity.
The a higher minimum wage will mean that those in work get paid a little bit more. But it doesn’t help those not in work get a job. [...]
They wanted one a while ago. Now they may well have one, with the nationalisation of Northern Rock.
But this Clause 4 is the other kind of “moment”. The death knell for any claims they may have of economic competence. A Clause 4 in reverse.
They are in fact now changing the Clause 4 back to the [...]
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