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OwlFancier posted:Supporting a party because you like the leader and their ideas is good except when it isn't. Supporting a party only because you like the leader is the bad bit. edit: Over four days the Russian Navy used four different diving bells and submersibles to try to attach to the escape hatch without success. The navy's response was criticised as slow and inept. The government initially misled and manipulated the public and media about the timing of the accident, stating that communication had been established and that a rescue effort was under way, and refused help from other governments. The Russian Navy offered a variety of reasons for the sub's sinking, including publicly blaming the accident on a collision with a NATO submarine. On the fifth day, President Putin authorized the navy to accept British and Norwegian offers of assistance. Seven days after the submarine went down, Norwegian divers finally opened a hatch to the escape trunk in the ship's ninth compartment, hoping to locate survivors, but found it flooded.
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# ? Aug 4, 2016 15:05 |
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# ? May 9, 2024 16:02 |
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Pissflaps posted:McDonnell said that money could be borrowed to fund a spending plan. The "waffle" sounds like something the average idiot who doesn't know anything about economies would believe. You're seriously putting Corbyn in a no-win situation here. He needs to "utilize the media" but when he says things the electorate will nod and agree with it's bad because it's lies. If he tells the truth he's an idiot who can't put things in ways the people like. The public hates "borrowing" because the Tories have successfully driven it into their heads that the government has a giant man-purse with the UK's credit card in it. Heaven loving forbid Corbyn engages in "political language". IE "bullshit". You know, the stuff the Tories coast along on every day. All these years of Osbourne's grand economic plan based on "bullshit" that people lapped up.
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# ? Aug 4, 2016 15:06 |
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Regarde Aduck posted:Heaven loving forbid Corbyn engages in "political language". IE "bullshit". You know, the stuff the Tories coast along on every day. All these years of Osbourne's grand economic plan based on "bullshit" that people lapped up. A leader who cannot deliver popular support despite perpetuating the usual political discourse is the worst of both worlds.
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# ? Aug 4, 2016 15:08 |
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It's hardly lying, the idea that it will be paid for by tax returns is correct, that's where a large amount of government spending gets paid from eventually. Borrowing or printing in the short term is entirely fine and sensible. It's a good counter to the narrative that the government has to send the entire civil service out to get wonga loans at ten million percent interest when it borrows.
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# ? Aug 4, 2016 15:15 |
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Pissflaps posted:A leader who cannot deliver popular support despite perpetuating the usual political discourse is the worst of both worlds. But enough about Tim Farron.
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# ? Aug 4, 2016 15:15 |
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OwlFancier posted:It's hardly lying, the idea that it will be paid for by tax returns is correct, that's where a large amount of government spending gets paid from eventually. Borrowing or printing in the short term is entirely fine and sensible. It's a good counter to the narrative that the government has to send the entire civil service out to get wonga loans at ten million percent interest when it borrows. No it's not lying, but nor is it straight talking. Though he didn't say 'by tax returns', he said 'by expanding the economy and cutting down on tax evasion'. While the latter goal is laudable - though I doubt it will eat into that figure of £500 billion much - the former is risible.
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# ? Aug 4, 2016 15:18 |
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I would argue JC needs to be straight up and talk about what borrowing actually means. He needs to reiterate that the Tories are borrowing more and more to make up for their tax cuts and their terrible long-term economic catastrophe. I have nightmares of a day when it is the Tories who talk about 'borrowing sensibly to invest fairly' or something else. Brexit is (most likely) going to mean more government borrowing to avoid a recession. JC needs to take ownership of that language back from the Tories. Preferably before the Autumn Statement by Hammond
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# ? Aug 4, 2016 15:19 |
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Apropos of nothing, I'm fairly sure I saw Luke Bozier in Spitalfields at lunchtime. It looked exactly like him but he was talking to a man in a suit and not a teenage girl, so I can't be entirely sure. Also I saw a man with both a man-bun and a ponytail, and as a result have now taken out a subscription to the Daily Mail.
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# ? Aug 4, 2016 15:23 |
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To move away from circular Corbyn chat for a moment, here's a fascinating examination of population growth in UK cities since 1981. It's amazing how starkly the North/South divide comes across; of the 26 place which have grown more than the UK average, only York and Warrington count as the North, and even the Midlands is poorly represented (Leicester and Derby, with Bradford only slightly below average). For some reason I can't get the images to show, so click through for the graphs quote:A tale of 62 cities: how Britain’s population growth fell to its small towns
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# ? Aug 4, 2016 15:23 |
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goddamnedtwisto posted:Apropos of nothing, I'm fairly sure I saw Luke Bozier in Spitalfields at lunchtime. It looked exactly like him but he was talking to a man in a suit and not a teenage girl, so I can't be entirely sure. Luke is bi remember, after all he led to that hilarious quote about Milo's tinky winky.
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# ? Aug 4, 2016 15:28 |
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goddamnedtwisto posted:Apropos of nothing, I'm fairly sure I saw Luke Bozier in Spitalfields at lunchtime. It looked exactly like him but he was talking to a man in a suit and not a teenage girl, so I can't be entirely sure. What is a man-bun please, because I am at work and don't want to Google it
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# ? Aug 4, 2016 15:44 |
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Doubt I'd recognise Luke Bozier by his face tbh.
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# ? Aug 4, 2016 15:45 |
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Paxman posted:What is a man-bun please, because I am at work and don't want to Google it It's a bun, but on a man.
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# ? Aug 4, 2016 15:46 |
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Pissflaps posted:No it's not lying, but nor is it straight talking. Taxes are how the government extracts money from the economy, more economic activity means more tax, assuming you bother to collect it. Investment increases economic growth and economic growth generates more tax income. Being a government it is entirely fine for this to operate on a decades long basis.
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# ? Aug 4, 2016 15:47 |
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Paxman posted:What is a man-bun please, because I am at work and don't want to Google it
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# ? Aug 4, 2016 15:48 |
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OwlFancier posted:Taxes are how the government extracts money from the economy, more economic activity means more tax, assuming you bother to collect it. Investment increases economic growth and economic growth generates more tax income. Being a government it is entirely fine for this to operate on a decades long basis. tooterfish posted:It's a topknot, but instead of being on a Japanese feudal lord it's on a douchebag.
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# ? Aug 4, 2016 15:51 |
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Tesseraction posted:Luke is bi remember, after all he led to that hilarious quote about Milo's tinky winky. True, but he was only willing to pay money for pictures of underage girls, not boys, so he definitely swings in one direction more than the other.
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# ? Aug 4, 2016 15:54 |
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Guavanaut posted:Not the only way, there's also the surplus extracted from careful running of Britain's many nationalized industries. That would be the other option, yes.
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# ? Aug 4, 2016 15:56 |
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OwlFancier posted:Taxes are how the government extracts money from the economy, more economic activity means more tax, assuming you bother to collect it. Investment increases economic growth and economic growth generates more tax income. Being a government it is entirely fine for this to operate on a decades long basis. Yes that's all fine. And then I ask how you're going to generate more economic activity. If your reply is 'by borrowing at record low rates to invest in public spending' then I think fair enough. If your reply is 'by expanding the economy', I get to describe your answer as bullshit.
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# ? Aug 4, 2016 15:59 |
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me make economy big me statesman
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# ? Aug 4, 2016 16:01 |
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Pissflaps posted:Yes that's all fine. By borrowing at record low rates to invest in public spending on infrastructure, education, grants, and housing, creating more opportunities for money to change hands using roads and railways and healthy, skilled workers who can live near their jobs, thereby expanding the economy. The wording is a statement of the goal rather than the method. If you want him to deliver more concise responses you have to sacrifice some part of the explanation. OwlFancier fucked around with this message at 16:07 on Aug 4, 2016 |
# ? Aug 4, 2016 16:02 |
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OwlFancier posted:By borrowing at record low rates to invest in public spending on infrastructure, education, grants, and housing, creating more opportunities for money to change hands using roads and railways and healthy, skilled workers who can live near their jobs, thereby expanding the economy. Corbyn didn't provide even the concise version. He said something else instead.
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# ? Aug 4, 2016 16:12 |
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Guavanaut posted:Instead? In their defence though, they never called anything a man bun.
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# ? Aug 4, 2016 16:13 |
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Pissflaps posted:Corbyn didn't provide even the concise version. He said something else instead. When a man is asked a question about his massive investment plan it is perhaps not necessary for him to mention that he is doing a massive investment plan in the response to that question. It's generally quite annoying when politicians answer questions by repeating things the questioner asked back to them, it makes them look like they aren't actually listening.
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# ? Aug 4, 2016 16:17 |
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OwlFancier posted:When a man is asked a question about his massive investment plan it is perhaps not necessary for him to mention that he is doing a massive investment plan in the response to that question. But that's exactly what he did! He was asked how he was going to fund his investment plan - and his answer was by 'expanding the economy' which is the fruit of economic investment, not the way it is achieved.
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# ? Aug 4, 2016 16:25 |
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Pissflaps posted:But that's exactly what he did! He was asked how he was going to fund his investment plan - and his answer was by 'expanding the economy' which is the fruit of economic investment, not the way it is achieved. Which is the correct answer, investment pays for itself, that's how it works. The question of where the initial capital comes from doesn't make sense because government has a near limitless supply of on-hand capital if it wants it, the tories just don't use it for anything except propping up expenditure The government can literally print money, the only real consideration when determining how much it can print is whether there is going to be real productivity growth to back it up, so the funding question only makes sense in a "where is the actual backing for this expenditure going to come from" sense. OwlFancier fucked around with this message at 16:30 on Aug 4, 2016 |
# ? Aug 4, 2016 16:28 |
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OwlFancier posted:Which is the correct answer, investment pays for itself, that's how it works. The question of where the initial capital comes from doesn't make sense because government has a near limitless supply of on-hand capital if it wants it, the tories just don't use it for anything except propping up expenditure. He was asked how he was going to do something. Good answers would include: tax rises, reallocating spending, borrowing. 'By doing it' is not a good answer.
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# ? Aug 4, 2016 16:29 |
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Pissflaps posted:He was asked how he was going to do something. Good answers would include: tax rises, reallocating spending, borrowing. 'By doing it' is not a good answer. Untrue actually because all of those worry the public and one of them is very stupid.
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# ? Aug 4, 2016 16:31 |
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OwlFancier posted:Untrue actually because all of those worry the public and one of them is very stupid. I said they're good answers. I didn't say people would like them. Which is the stupid one?
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# ? Aug 4, 2016 16:34 |
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I don't get the National Education Service thing as education is a devolved matter. Increased funding?
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# ? Aug 4, 2016 16:36 |
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kustomkarkommando posted:I don't get the National Education Service thing as education is a devolved matter. Increased funding? From what I recall the last time he floated it, he just wants education to be free at the point of access at all levels for all ages.
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# ? Aug 4, 2016 16:37 |
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kustomkarkommando posted:I don't get the National Education Service thing as education is a devolved matter. Increased funding? But isn't health also devolved and we still talk about a National Health Service? I think he wants to establish the principle that the NES will be like the NHS, funded from taxation, available to anyone who needs it and free at the point of delivery. And it would include education generally (eg colleges, universities) not just schools.
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# ? Aug 4, 2016 16:40 |
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Nice way to undercut the SNP a bit.
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# ? Aug 4, 2016 16:51 |
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Paxman posted:I think he wants to establish the principle that the NES will be like the NHS, funded from taxation, available to anyone who needs it and free at the point of delivery. And it would include education generally (eg colleges, universities) not just schools.
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# ? Aug 4, 2016 16:54 |
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OwlFancier posted:Which is the correct answer, investment pays for itself, that's how it works. The question of where the initial capital comes from doesn't make sense because government has a near limitless supply of on-hand capital if it wants it, the tories just don't use it for anything except propping up expenditure I really want to know exactly when the vaguely classical Marxists wandered up to the radical Chartalists and said HEY LET'S BE BEST BUDS, because this sort of lay macro is starting to appear a bit never mind that the former and the latter have utterly opposed understandings of whether there is overaccumulation of capital or that capital is insufficiently deployed, or what the reserve army of labour is supposed to do. Like for example, here right now you say: real (labour) productivity growth. But that's just wringing more output from labour, holding labour input as given. That's the increased rate of exploitation, right there! How is that a good thing?
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# ? Aug 4, 2016 16:56 |
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Paxman posted:But isn't health also devolved and we still talk about a National Health Service? Managed to find an old thing he wrote last year about this for more detail, a 2% corporation tax bump to fund a cradle to grave education service that coordinates with jobcentre plus coupled with scrapping university fees (I think) and bringing back grants. I'm just curious cause education sector reform is a thing in Northern Ireland and our education sector works in weird ways so I was wondering how it would gel with his policy recommendations but he seems to primarily be focusing on post-secondary stuff with a bit of "death to academies" thrown in
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# ? Aug 4, 2016 16:56 |
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ronya posted:I really want to know exactly when the vaguely classical Marxists wandered up to the radical Chartalists and said HEY LET'S BE BEST BUDS, because this sort of lay macro is starting to appear a bit Because as overthrowing capitalism is not an especially likely option given that the rest of the world still thinks it's great and would kick our poo poo in if we tried, a country where people have the option to do productive work and where the amount they get paid for it is as much as we can wring out of capital, is preferable to one where people are forced to subsist on rationed welfare from a government that hates them while the productive work slowly drips out of the arse of the country like some kind of economic incontinence.
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# ? Aug 4, 2016 17:05 |
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Looks like London is really going to suck (cock) next year. http://www.independent.co.uk/arts-entertainment/london-to-get-coffee-and-fellatio-cafe-a7170266.html
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# ? Aug 4, 2016 17:09 |
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OwlFancier posted:Because as overthrowing capitalism is not an especially likely option given that the rest of the world still thinks it's great and would kick our poo poo in if we tried, a country where people have the option to do productive work and where the amount they get paid for it is as much as we can wring out of capital, is preferable to one where people are forced to subsist on rationed welfare from a government that hates them while the productive work slowly drips out of the arse of the country like some kind of economic incontinence. but as the Marxists (and indeed the Marxier of post-Keynesians) would point out, there is already too much investment: the crisis of overaccumulation. There is not enough consumption. Further increases in investment can only be destructive, since investment increases productivity and thereby the gap between production and effective demand still further. The additional investment is costly - costs surplus labour, if you like - but fails to produce things which are consumed. So there's less than zero purpose in investing further.
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# ? Aug 4, 2016 17:21 |
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# ? May 9, 2024 16:02 |
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Then that presumably drives us closer to the point where capitalism needs to be completely abandoned while simultaneously ensuring better conditions for the workers than the alternative. So, that's fine?
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# ? Aug 4, 2016 17:23 |