BRFR Cake Stop 'breaking news' miscellany

[midlandsgrimpeur]

I so wish Rick Chasey was on this forum (sorry - in joke for the ex-Bike Radar mob)

Yes, @BoldonLad, you have failed to realise that all old people (in Rick's case anyone above about 60!) live in 8 bedroom detached houses whilst sleeping on huge piles of cash waiting for their daily Waitrose food delivery which consists mainly of caviar and champagne.

 

[briantrumpet]

Lecornu escapes being censured in the French parliament, so lives to fight for another trusse, at least. Messy, to say the least.

View attachment 10544

I don't really understand French politics at all, but interesting to note that the kinda-centrist Macron-Lecornu government has survived this one by keeping enough of the centre-right (les Républicains) and centre-left (Parti Socialist) away from the fringes that were trying to bring down the latest effort to form a government.

 

[Stevo 666]

That the rest of us have noticed that Government spending has dropped whilst taxes have increased for the last 15 years but you've only noticed it since Labour came into power and were perfectly happy with things prior to July 2024.

I choose when I comment on these things, sorry if it doesn't suit your narrative (whatever that might be).

 

[Stevo 666]

Expect several invoices for replacement irony meters.

Same question to you 🙂

 

[Stevo 666]

Many economists think that this is a false premise. We have tried austerity for years now. It isn't working.

Public spending on infrastructure and human capital on the other hand can boost growth and stimulate the economy.

Think of your own situation - if you were spending more that you earned and going into increasing debt, is the answer to up your spending?

 

[Stevo 666]

Heavier vehicles?, will that include EVs (which are generally heavier than ICE vehicles) I wonder?

Yet another reason not to go to Wales.

 

[icowden]

Think of your own situation - if you were spending more that you earned and going into increasing debt, is the answer to up your spending?

Countries aren't people.

However, lets say I'm building a house. The budget has increased from £100k to £200k.
By your measure I should just have stopped when I started to run out of money at £80k and then vastly reduced costs to keep the house to the £100k budget.

Because of the cost cutting it now has two less bedrooms, only one bathroom, no conservatory and a budget kitchen. I sell the house and realise £100k of profit. Which is great.

However lets say instead of cost cutting I take on £100k of debt. I'm able to finish the house to the original specification with the conservatory, granite worktops and 3 bathrooms. I can then sell the completed house for £500k.

By taking on debt I have expanded my economy, created more work for the people I am employing and have a return back into my own economy later on.

 

[Dorset Boy]

Yes, @BoldonLad, you have failed to realise that all old people (in Rick's case anyone above about 60!) live in 8 bedroom detached houses whilst sleeping on huge piles of cash waiting for their daily Waitrose food delivery which consists mainly of caviar and champagne.

Over 45 more like

 

[briantrumpet]

Over 45 more like

It's all the bastards who manage to survive past 45 who screw it up for RC.

 

[briantrumpet]

 

[Stevo 666]

Countries aren't people.

However, lets say I'm building a house. The budget has increased from £100k to £200k.
By your measure I should just have stopped when I started to run out of money at £80k and then vastly reduced costs to keep the house to the £100k budget.

Because of the cost cutting it now has two less bedrooms, only one bathroom, no conservatory and a budget kitchen. I sell the house and realise £100k of profit. Which is great.

However lets say instead of cost cutting I take on £100k of debt. I'm able to finish the house to the original specification with the conservatory, granite worktops and 3 bathrooms. I can then sell the completed house for £500k.

By taking on debt I have expanded my economy, created more work for the people I am employing and have a return back into my own economy later on.

They're not but the principles of finance and economics also apply. Your position relies on the assumption that the state spending more goes into the productive parts of the economy and creates more wealth. If that was the case we would just borrow to 'fill our boots' and we'll all be rich. Unfortunately it doesn't work that way. France for example has very high debt and look at the mess it is in.

 

[Stevo 666]

View attachment 10548

You should be all for that Brian, as you seem to like high taxes (as long as someone else is paying, right?)

 

[midlandsgrimpeur]

It's all the bastards who manage to survive past 45 who screw it up for RC.

I thought it was the fact that £120,000 in salary just doesn't buy you what it used to?

 

[Rusty Nails]

Yet another reason not to go to Wales.

Ah well. It’s an ill will.

 

[Pblakeney]

Over 45 more like

I suspect it was more of a floating number hovering around 10 years above his current age.
But we digress...