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What another great thinker has been lost to science.
Of course, Eds Miliband and Balls and Vince Cable keep bleating about more taxes.
[The above graph is based on data in a new research paper by Alesina, Favero and Giavazzi (53-page .pdf).]
Going back to far off days, much of the world was on the gold standard. Western societies started to ‘recover’ when that was abandoned - that is, the debts were defaulted.
Japan was backward. As we continually see, as soon as a backward country comes out from under a repressive/primitive regime and starts copying the advanced countries. They become far richer relatively quickly. They also have the advantage of working for much less, for a while.
Politicians all around the West are lying copiously to the populations, as they surreptitiously lower living standards. ‘Quantitative easing’, in other words printing money, and ‘stimulus’, in other words 'borrowing’ money, is in fact, in honest terms, raising taxes, mostly from the poor.
The governments have no real intention of paying back the ‘borrowed money’.
So it is all more taxes, both now and in the future.
There is only one way to get wealthier, and that is produce more. This means work more or work smarter, or grab more wealth. For instance, by planning to invade Belgium and Russia and Manchuria.
The biggest questions the West should be asking are:
Why do you want to get richer?
I see nothing new. His ideas are all policies David Cameron is trying to get through, despite constant grandstanding from the fake-Lib-Dems.
P.S., they've also been concreting the beaches!
It was obvious that the Guardian newspaper was lying from the start, and the item was clearly written to mislead. Yet I noticed ‘journalists’ on the BBC raving about what a wonderful scoop it was, naturally without checking. Tthe irresponsibility of the left knows no boundaries.
Here is the original Guardian misrepresentation. Reading it would be a good exercise in teaching people how to spot media lying.
Context: The Conservative Party want constituency boundary reform. Nick Clegg and the Liberal-Democrats is pressing for reform of the House of Lords.
lib-dems won’t vote for fair boundaries out of spite - ‘new’ labour won’t back lords reform out of spite
This wasn’t part of the party-whipped agreement. Note “it is likely”, “the committee will come forward with”, “grandfathering”.
I'm against anything that makes the House of Lords weaker as a reviewing chamber. Turning it into a rival political cronyist chamber to the House of Commons is clearly unacceptible to most Tories. The Lords has a great reserve of specialist knowledge that the Commons sadly severely lacks.
it is clegg who is going back on the coalition agreement
“ensure that their MPs voted for”
On this, the Conservatives have already delivered.
did clegg crash lords reform deliberately?
It’s obvious that 15-year terms are ridiculous.
Meanwhile Clegg’s claim that the Conservatives have broken the coalition agreement is unfounded, I put the real situation here.
Here is the coalition agreement (caution: it’s from Wikipedia).
[This is the actual agreement on which the Lib-Dems are now reneging.]
Meanwhile, from the Conservative manifesto, p.67:
“we will work to build a consensus” - Clearly, 15-year terms and 80% are not a consensus.
At the same time, the socialists will oppose anything that does not benefit their cult agenda.“mainly elected” does not mean 80% voted in.
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