Accrington Web - View Single Post - If there was a general election tomorrow, who gets your vote?

gondola · 01-04-2007, 09:26

''Whilst not a Blairite I think he has been a strong, if controversial leader.''

Utter tosh. Frankly, his policies are now beginning to show the detrimental impact on the people of this country. Crime rampant, patients dying in hospitals from infections after being admitted for routine treatments, stealth taxes, mismanagement of border controls, and the rest.

I often note that the Labour Governement take credit for low interest rates. They conveniently forget that they had passed such responsibility to the Bank of England. Moreover, good economic growth over recent years has been a global phenomena, not just specifically confined to the UK.

The cracks are beginning to show in America, in case you had not noticed. The housing market is suffering a significant correction, there is substantial default in the sub prime lending market, even the Chairman of the Fed Alan Greenspan has suggested that the US may slip into recession in the later part of the year, though the current chairman Bernanke has sought to alleviate such concerns with suggestions of moderate growth.

This may affect the UK economy at some stage. If course, the details are very different form the US. However, if people like Roger Bootle of Capital Economics are even fractionally right in thier assertions that the UK housing market may correct some 30%, then suddenly people will not feel that well off. That may lead to the consumer cutting back on spending, and with the rise of personal bankruptcies lenders may seek to restrict credit going forward. Suddenly you have a situation in which things are not so rosy and thats when people start to blame the government and look at other issues like the failing NHS, crime etc.

Blair will have gone by then, but the impact of his disastrous policies may only just be taking place.

01-04-2007, 09:26	#21
gondola I am Banned Join Date: Mar 2007 Posts: 202 Liked: 0 times Rep Power: 0	Re: If there was a general election tomorrow, who gets your vote? ''Whilst not a Blairite I think he has been a strong, if controversial leader.'' Utter tosh. Frankly, his policies are now beginning to show the detrimental impact on the people of this country. Crime rampant, patients dying in hospitals from infections after being admitted for routine treatments, stealth taxes, mismanagement of border controls, and the rest. I often note that the Labour Governement take credit for low interest rates. They conveniently forget that they had passed such responsibility to the Bank of England. Moreover, good economic growth over recent years has been a global phenomena, not just specifically confined to the UK. The cracks are beginning to show in America, in case you had not noticed. The housing market is suffering a significant correction, there is substantial default in the sub prime lending market, even the Chairman of the Fed Alan Greenspan has suggested that the US may slip into recession in the later part of the year, though the current chairman Bernanke has sought to alleviate such concerns with suggestions of moderate growth. This may affect the UK economy at some stage. If course, the details are very different form the US. However, if people like Roger Bootle of Capital Economics are even fractionally right in thier assertions that the UK housing market may correct some 30%, then suddenly people will not feel that well off. That may lead to the consumer cutting back on spending, and with the rise of personal bankruptcies lenders may seek to restrict credit going forward. Suddenly you have a situation in which things are not so rosy and thats when people start to blame the government and look at other issues like the failing NHS, crime etc. Blair will have gone by then, but the impact of his disastrous policies may only just be taking place.