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#3 "Dear Chief Secretary, I'm afraid to tell you there's no money left".
How might we acquire some of the same refreshing candor for Washington?
Posted by Besoeker 2012-02-27 02:06||
2012-02-27 02:06||
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#4 a one-line note
Charmingly succinct; it's the contemporary version of the old Russian "write two letters" joke.
Posted by SteveS 2012-02-27 02:07||
2012-02-27 02:07||
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#5 Full marks for refusing to borrow or print more money.
The next stage is to shrink the size of government (fire civil servants) and reduce transfer payments (welfare). Altogether harder as Greece is finding out.
Posted by Phil_B 2012-02-27 02:10||
2012-02-27 02:10||
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#6 #5 Full marks for refusing to borrow or print more money. Posted by Phil_B
Unenlightened Phil. Everyone here knows borrowing even MORE, gets one out of debt.
Posted by Besoeker 2012-02-27 02:19||
2012-02-27 02:19||
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#7 > the Chancellor said there was little the Coalition could do to stimulate the economy.
But there NEVER IS anything the government can really do to stimulate the economy. It can "fiddle the reading" with debt, but it cannot boost the economy.
What it can do is harm the economy less, and that means cutting taxes like VAT (sales tax).
Posted by Bright Pebbles 2012-02-27 04:37||
2012-02-27 04:37||
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#8 Charmingly succinct; it's the contemporary version of the old Russian "write two letters" joke.
Or the even funnier quip about ink in the inkpen and checks in the checkbook.
As per the USoA, iff Britain's official Debt-to-GDP ratio is less than as determined by Private or Market Analysts-Pundits, i.e. less than 100% or better, THEN LONDON = WASHINGTON CLEARLY HAS $$$ = RATIO PERCENTAGE POINTS LEFT TO USE UP IN GLORIOUS DEFICIT OVERSPENDING!
ONLY THE GUMMERMINT SAYS 101% OR HIGHER NATIONAL BANKRUPTCY DOTH NOT EQUATE.
Posted by JosephMendiola 2012-02-27 19:04||
2012-02-27 19:04||
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