Will Hutton, print print print, spend spend spend (22Sept11)

[HumanSayNo]

Ed's balls

[aerozeppelin2]

Once again all we ever hear is this argument on the bloody BBC.

Nevermind we spent 5% more than last year - the narrative they present sticks. The problem the World has is of a sovereign debt crisis yet these muppets want us to spent and borrow more as a result.

It's this mentality that saw labour engineer growth prior to the election by flooding liquidity into the market in the process increasing the deficit tenfold. So any reductions in this growth of debt are considered cuts..... madness

[ukipwarrior]

Say hello to Zimbabwe school of economics if it doesn't work, print money...still not working?? print more money...still not working??? You get the picture.

[CelticReject]

What a cunt. And he's not much better either.

[skeletorphd]

Can somebody explain how building a roads when we already have them will help when people don't have money to put petrol in their cars to use them.

[levenbrown]

Low interest rates can only go one way Mr Hutton.

Now is not the time to needlessly borrow more to needlessly employ people to 'build' what are essentially monuments to failure for no net gain. You cannot borrow your way out of debt - fact.

Britain has had a bloated public sector for decades. Small, libertarian government that spends less than it earns and that treats its people like grown ups and allows the private sector to flourish is good for everyone - including the government.

[PHONEYPOLITICS]

what a bunch of tossers just where do the bbc findf them, oh yeah oxbridge.

[n1ckotene]

Ireland has just announced 1.6% growth - not bad for a country who cut deeply!

As usual these people enjoy spending OUR money, not there's...

[codownni]

Ed balls is such a cunt it's unbearable.

[pieaficionado]

couldn't have put it better myself

[codownni]

@pieaficionado

Excuse my language however; I genuinely hate him.

[kcirdrab]

The quality of economic analysis on English tv is appaling, all that's ever presented is various forms of Keynesianism by hack reporters

Classical economics isn't even considered

It's pathetic to see the non stop pumping out the propaganda line that the government has to "do something" to save the economy

Other than setting trade areas in line with national grand strategic economic interest via tarrifs, the government can do nothing economically but fuck things up & should leave well alone

[Caligula0708]

"everybody knows that" (will hutton near the end) A phrase used eternally by the hopelessly ignorant.

[AnnoyedDragon]

Pure stupidity! How the hell did these people get their opinion on the news?

You cannot print/spend your way out of a recession. If they tried to replicate a 1930s approach; the only money to pay for those workers is either more borrowing, printing or taxing the productive economy. All of which hurt the chances of a recovery.

[wakeup2nwo]

Not one word about inflation that means everyone will be skint no matter how much work is created, not much will be because the money will end up in the hands of the greedy corporation that the government is in bed with. That's what happened in 2008 and that's what will happen again. if you agree with monopoly money printing you havent a clue about economics. The global financial system is screwed, why screw your self even more by printing money? none....

[bringbackmydemocracy]

What a Buffoon!