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Middle Class Under Pressure


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HOLA441
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HOLA448

Shame the Labour guy constantly calling it a "recession brought about by the banking crisis" is going uncorrected by the Tory guy.

Yep, that's driving me nuts as well. Although actually what he said was "deficit brought about by the banking crisis" (and not by budgeting to borrow £60bn at the height of a huge credit bubble).

Ususal collection of audience members forgetting who's been in charge for the last 13 years.

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HOLA449

Oh Jesus Christ, this audience is full of idiots! They are prime examples of why this country is a mess and don't understand anything.

One bloke even blamed the Tories for not being able to afford a house, could he afford one 9 months ago?? David willets isn't doing bad considering he's being lynched!

"we're waking up from a dream", fantastic line!

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HOLA4410

Shame the Labour guy constantly calling it a "recession brought about by the banking crisis" is going uncorrected by the Tory guy.

He got there eventually: David Willets: "What we are dealing with are the consequences of a 10-year house price boom...and living beyond our means". B)

Edit: they still shy away from using the "bubble" word though.

Edited by mikthe20
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HOLA4411

David Willetts looking straight down the barrel of the camera and telling it like it is wrt property. Can anyone be in any doubt that the Tories get it?

"we're waking up to the reality that our houses aren't worth what we thought they were" - David Willetts, Newsnight, 15/03/2011

Edited by Sledgehead
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David Willetts looking straight down the barrel of the camera and telling it like it is wrt property. Can anyone be in any doubt that the Tories get it?

"We're waking up from the dream and our houses aren't worth what we thought they were"

Some us didn't fall asleep :D

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Tory guy is David Willetts. Author of "The Pinch".

10 Year Housing Boom.... POW!

Will the sleeping masses finally wake up?

Next time somebody trys to tell you a house is worth more than you think, you at least have a decent quote : "We're all waking up to the reality that our houses aren't worth what we thought they were."

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Next time somebody trys to tell you a house is worth more than you think, you at least have a decent quote : "We're all waking up to the reality that our houses aren't worth what we thought they were."

I'm having that. :)

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HOLA4424

dunno, but for that sort of money he could be employed doing something far more high powered - like driving a train.

Funny! I guess train driving is a middle class profession now as well.

My broad definitions:

Working class: factory workers, untrained, unskilled, bin men postmen, manual workers. (Actually the majority in this country).

Middle class: Senior Managers, professions such as legal, medical

Upper class: Landowners, aristocracy. The Fulfords!

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