Religion and Ethics Forum
General Category => Politics & Current Affairs => Topic started by: Nearly Sane on June 29, 2023, 08:20:27 AM
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This is excellent
https://youtu.be/63irQOyLSOA
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Most of those pledges, eg "grow the economy" and "reduce national debt", are jut what any PM, Labour or Tory, should be doing anyway. Hoggart's law (https://remainantonymous.blogspot.com/2015/10/the-law-of-ridiculous-reverse.html#:~:text=British%20journalist%20Simon%20Hoggart%20is%20credited%20with%20coining,meaninglessness%20of%20politicians%27%20claims.%20To%20quote%20his%20examples%3A), also known as the law of the ridiculous reverse, applies here.
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This is excellent
https://youtu.be/63irQOyLSOA
Brilliant.
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Most of those pledges, eg "grow the economy" and "reduce national debt", are jut what any PM, Labour or Tory, should be doing anyway. Hoggart's law (https://remainantonymous.blogspot.com/2015/10/the-law-of-ridiculous-reverse.html#:~:text=British%20journalist%20Simon%20Hoggart%20is%20credited%20with%20coining,meaninglessness%20of%20politicians%27%20claims.%20To%20quote%20his%20examples%3A), also known as the law of the ridiculous reverse, applies here.
There's absolutely no need to reduce the national debt. You may want to reduce the deficit but even then, it doesn't matter as long as the deficit is not growing as fast as the economy.
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There's absolutely no need to reduce the national debt. You may want to reduce the deficit but even then, it doesn't matter as long as the deficit is not growing as fast as the economy.
Actually the most important element is the cost of servicing the debt - and that's where the government has a particular problem as the cost of servicing debt has increased considerably.
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Actually the most important element is the cost of servicing the debt - and that's where the government has a particular problem as the cost of servicing debt has increased considerably.
Nope. The cost of servicing the debt is not more important than the overall deficit. Obviously the cost of servicing the debt is one of two expenses that contribute to the deficit, but the cost of providing services is a big contributor as well.