tag:blogger.com,1999:blog-755834342571488774.post1023161955641218707..comments2024-03-20T08:05:26.167+00:00Comments on Bracknell Blog: Double dip gambleāMark Thompsonhttp://www.blogger.com/profile/00744387583593537268noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-755834342571488774.post-17423601460092134162010-08-13T02:31:06.284+01:002010-08-13T02:31:06.284+01:00"If only more people thought like you."
..."If only more people thought like you."<br /><br />Oh my. Be VERY careful what you wish for. As the old maps used to say ----- There Be Monsters. :-)<br /><br />Thanks for the kind words. I actually hope that I am completely out-to-lunch in my analysis of the economy of much of the West. Because it's not good news at all if I am correct. It means that the surface problems can't be 'fixed' because the structure itself is in decay mode, and the 'pain' will go on for a very long time, before any gain can be achieved. <br /><br />I hope No, but I fear that it is Yes. But the 'good' side effect of all this is that the LibDems are FINALLY growing up. For a while it might become a smaller Party, but it will be a REAL Party, not merely an amorphous anti-those-other-guys collection of people who lack any cohesion. <br />The Coalition is the best thing that has happened to the LibDems(I wish it was just Liberals) since the early years of the 20th century. I am impressed with the 'growth', the Party is forcing itself to accept.dougfhttps://www.blogger.com/profile/01204984674967097629noreply@blogger.comtag:blogger.com,1999:blog-755834342571488774.post-76759586404064844902010-08-12T21:36:04.513+01:002010-08-12T21:36:04.513+01:00If only more people thought like you. I agree we n...If only more people thought like you. I agree we need to make things and change the economy it's just all over the shop and unbalanced. Good commentdazmandohttps://www.blogger.com/profile/14859994295771083457noreply@blogger.comtag:blogger.com,1999:blog-755834342571488774.post-28732378937428015552010-08-12T20:08:07.468+01:002010-08-12T20:08:07.468+01:00You cannot have a 'double-dip' if you neve...You cannot have a 'double-dip' if you never got past the first one. Which we haven't. <br />The ONLY thing propping up the rotten system was State spending, but unhappily the ONLY thing propping up State spending was un-repayable debt.<br /><br />The current dysfunctional economy cannot be re-inflated. It's past saving. That is why Cameron made the point of saying that the 3 main support legs of the current economy are structurally deficient and must be replaced by a sustainable new way forward.<br /><br />Single dip - double dip - endless dip; it's all the same thing. You can't conjure real growth out of a noxious combination of State spending, malevolent, ill-conceived, and arguably criminal, Financial Services, and ridiculous Real Estate prices. Until we re-start our 'making things' Industry, we are going to continue to head downwards. Sometimes faster, sometimes slower, but always DOWN.<br /><br />So no, it is not a mistake to turn off the 'stimulus' tap. It was creating not one 'good' thing but it was burying us all in a mountain of debt. We can't grow' out of this(primarily because we are not going to be 'growing' very much) --- we have to either adjust to a lower standard of living or find a way to return to a variant of the Industrial past. Spending money we don't have, just to preserve a structure we can't afford, just isn't going to work any longer.dougfhttps://www.blogger.com/profile/01204984674967097629noreply@blogger.com