Jump to content
House Price Crash Forum
Sign in to follow this  
Last Avenue

Broon: The Miscalculating Calculator

Recommended Posts

Observer story

He wants to be seen as a conviction politician. This makes him look like a calculating politician. And, worse, a calculator who miscalculated.

This will be backed up in months to come as his sums are seen not to add up. Wriggle out of this, Gordon, you slime.

Share this post


Link to post
Share on other sites

I think Brown has been really clever. Remember we are essentially mid term, and you would expect to see the Tories ahead in the polls. They patently aren't, and we are at that time of year where the polls are attracted by the most recent party conference.

In a 'normal' term you would expect to see the Government starting to engineer the feel good factor, possibly in about a year, ready for the next election. What Brown has done that I think is quite clever, is he has let the speculation run which has forced the Tories to show their hand. By Xmas everyone will have forgotten whether Brown dithered or not, as to your average man-in-the-street this is just an expected feature of party politics.

However, Brown now knows what secret weapons the Tories were going to use. IHT -- God Almightly, it should be coming down, not going up! But at least they know that's the target they are looking towards. The Tories will be relieved he's not going to call an election, as they weren't ready, but upset that they've been forced to crystalise some of their policies, which again they would have preferred not to do.

The thing that interests me is how will falling house prices be managed by Labour? This has both good and bad points. Good because they can say 'houses are now becoming more affordable again, and the market is doing this, not us.' Also, falling house prices will take the pressure off IHT. But bad because those that think their highly valued house means they are wealthy will see this as a feel bad factor, as will those who have just got onto the housing ladder and will be suffering from negative equity (although with inflation on the rise and central banks looking to reduce interest rates we may be moving into an inflationary period again).

Share this post


Link to post
Share on other sites
But bad because those that think their highly valued house means they are wealthy will see this as a feel bad factor, as will those who have just got onto the housing ladder and will be suffering from negative equity (although with inflation on the rise and central banks looking to reduce interest rates we may be moving into an inflationary period again).

And bad because when the pistons of HPI+debt finally punch through the cowling of the UK economy, the consequences are going to be a little more serious than a bit of feel-bad-factor IMO. He would have been better-advised to try to let the other guy take the fall (but I wonder if GB even understands how serious things are?)

Share this post


Link to post
Share on other sites

The hollow man is being found out rather rapidly, the truth is beginning to gush out, not leak.

http://www.earthtimes.org/articles/show/119951.html

Report: Foreigners taking new British jobs

Posted : Sat, 06 Oct 2007 21:58:42 GMT

LONDON, Oct. 6 A new report from Britain's House of Commons library has found that between 1997 and 2006, more than half of the new jobs nationwide have gone to foreigners.

The study found during that time period, about 862,000 new jobs went to foreigners while only 731,000 employment spots, 46 percent overall, were given to British citizens, The Telegraph said Saturday.

Parliamentary Member James Clappison, who garnered the study's figures through a European Labor Force Survey, said the report shows the Labor Party is not fulfilling its duties as the nation's top political body.

He said the findings showed Prime Minister Gordon Brown, in particular, has not lived up to the promises he made before assuming his post.

"Gordon Brown's boast of British jobs for British workers is substantially hollow," Clappison said of the Labor Party head.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 354 The Prime Minister stated that there were three Brexit options available to the UK:

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.