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| Thread ID: 148938 | 2020-04-04 01:25:00 | Worldwide Deaths | Roscoe (6288) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 1467941 | 2020-04-12 01:55:00 | This Labour government has already spent the billions of $ of surplus they inherited, continues to spend more where it's not needed (example - the elderly's winter heating allowance was unnecessarily doubled - when that could have been allocated to health and education). Surplus? I see no surplus here! tradingeconomics.com Try getting your facts straight for once Wal :) |
KarameaDave (15222) | ||
| 1467942 | 2020-04-12 02:10:00 | Try getting your facts straight for once Wal :) Gladly, if you do the same. Government debt is not the same as household debt. The "national debt" is an indicative figure one purpose of which is to measure how well the economy is performing, and never has to be repaid. The surplus we talk about is a cash surplus. A buffer, there for a rainy day, to be wisely spent and not squandered. |
WalOne (4202) | ||
| 1467943 | 2020-04-12 02:42:00 | I know the difference between government net debt, household debt, trading deficit or surplus and government current account deficit or surplus. You obviously don't and consequently are confused. The link I posted gives a record of our government net debt,not any of the others mentioned. I hope this will assist your understanding. :) |
KarameaDave (15222) | ||
| 1467944 | 2020-04-12 04:03:00 | I know the difference between government net debt, household debt, trading deficit or surplus and government current account deficit or surplus. You obviously don't and consequently are confused. The link I posted gives a record of our government net debt,not any of the others mentioned. I hope this will assist your understanding. :) The problem with commies is they might understand fiscal stuff but still want to take from the hard grafters and give to the unemployed or unemployable. |
prefect (6291) | ||
| 1467945 | 2020-04-12 04:09:00 | Any resemblance between the Government Monetary System and the Individual Monetary System is purely coincidental. Once a Country had to have Gold Reserves to cover the Notes and Coins in circulation. Imagine if that were the case today, we’d be Mining the whole of the country. And I think it was Bob Jones who once said “When you borrow money you should never have any intention of paying it back.” :eek: I guess that was his way of saying you should refinance, not default. :) To make things worse, the worlds finest “Ministers of Finance” don’t seem to agree on very much at all. :rolleyes: |
B.M. (505) | ||
| 1467946 | 2020-04-12 20:38:00 | Government debt . You mean like this? www.thebalance.com |
piroska (17583) | ||
| 1467947 | 2020-04-12 20:57:00 | Can't believe anyone would want to let their old folks freeze to death when they pension they have contributed towards their entire working life cannot allow them to cover their bills in winter. But I stand corrected some are quite happy to et them die. | gary67 (56) | ||
| 1467948 | 2020-04-12 21:12:00 | No Government is going to let the old folks freeze to death Gary. Old people vote and are a significent proportion of the population. Having said that if they are renting and the pension is their sole source of income they are sure not living in luxury. | CliveM (6007) | ||
| 1467949 | 2020-04-12 21:30:00 | Well I see a post advocating to not give them an extra helping hand but give it to another group instead | gary67 (56) | ||
| 1467950 | 2020-04-12 22:22:00 | Can't believe anyone would want to let their old folks freeze to death when they pension they have contributed towards their entire working life cannot allow them to cover their bills in winter. But I stand corrected some are quite happy to et them die. They had 40 or so years to think about it and did nothing. |
prefect (6291) | ||
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