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hutch0
Date: 2008-11-24 23:15
Subject: just a small point...
Security: Public
Location:home
Mood:baffledbaffled
Music:news 24
Apparently one of the financial dangers we now face in this country is deflation, where consumers stop spending. Part of the Chancellor's raft of measures announced in his pre-Budget statement today was meant to combat deflation by getting us spending again.
Now, when Gordon was Chancellor he revelled in his reputation for prudence - ask him for money for stuff and he'd say no, because it was the prudent thing to do.
But when ordinary people are being prudent, because we're frankly terrified and we want to hang onto our money and buy cheap stuff, that's the wrong thing to do.
So it's vital for us to spend, even though the various governments and financial institutions have royally karked things up and everything's uncertain. But it's okay for him to refuse to spend. Which of these?

I may have overestimated Gordon's grip on things a few weeks ago. You'll all have realised long ago that I'm no expert, but to me the pre-Budget statement smacks of desperation, the nuclear option. Which gives me the scary impression that after this, there are no other plans.
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hutch0
User: hutch0
Date: 2008-11-26 00:11 (UTC)
Subject: (no subject)
Yep, here too. And surely it's sensible for people - most of whom, like me, can't follow the minutiae of economic policy - to be cautious in a situation like this and try to save what money they have. But oh no, we have to spend. We're already bailing the banks out to the tune of christ only knows how much, and now we've got to go out and give away the rest of our money. I'm baffled.
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User: sarcobatus
Date: 2008-11-26 01:09 (UTC)
Subject: (no subject)
It's robber barons, Hutch. They've organized on a global scale, to rip us off and tax us to death. Just like the old days. Do you know that for every 100 people in the world, there are at least 3 psychopaths in the lot. That adds up to a lot of psychopaths in the world, most who are running the game on us.

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hutch0
User: hutch0
Date: 2008-11-26 22:30 (UTC)
Subject: (no subject)
That's a scary statistic. Particularly since, as Geoff Ryman helpfully tells us, a seven-carriage Underground train on the Bakerloo Line, with every seat occupied, contains 253 people, including the driver. I was on the Bakerloo Line earlier today, and I thought about these numbers.
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User: sarcobatus
Date: 2008-11-27 02:24 (UTC)
Subject: (no subject)
Two and a half psychopaths at least were in the mix. It's that half one you really need to worry about.

Actually, the most dangerous are the serial killers, which, by comparison, are supposed to be rare. Most sociopaths are leaders and businessmen and women.
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hutch0
User: hutch0
Date: 2008-11-27 23:05 (UTC)
Subject: (no subject)
You know, I was kind of nodding along in agreement with leaders and businessmen, and then you got to women and I started to get scared.
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User: sarcobatus
Date: 2008-11-28 01:35 (UTC)
Subject: (no subject)
LOL! Great writing on my part, eh. Articulate, that's me. I meant business men and women. But you already know this. Chuckles.

But yes, you should be afraid, very afraid. ;D
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hutch0
User: hutch0
Date: 2008-11-28 22:44 (UTC)
Subject: (no subject)
:-)
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