• About Mike Sivier

Mike Sivier's blog

~ by the writer of Vox Political

Tag Archives: stimulus

If Osborne’s critics are wrong, why did the economy do exactly what we said?

12 Saturday Apr 2014

Posted by Mike Sivier in Business, Conservative Party, Cost of living, Economy, Housing, Media, Politics, Poverty, UK

≈ 12 Comments

Tags

austerity, benefit, claimant, cycle, death, economic, economy, fiscal, George Osborne, growth, help to buy, housing bubble, Iain Duncan Smith, inflation, keynes, long term, manipulate, manipulating, manipulation, Media, Mike Sivier, mikesivier, plan, purge, recovery, stagnation, stimulus, UK, unemployment, Vox Political, wage


osborne embarrassed

What an embarrassment: George Osborne should be ashamed of the rubbish he spouted in his speech yesterday (Friday).

George Osborne is flailing.

He’s a desperate man, trying vainly to convince us that the current state of the British economy was his plan all along when anybody with half a brain can see it wasn’t.

Yesterday he was in Washington, trying to convince Americans that he knows what he is doing, but US economists are far too canny to accept anything he says at face value.

His principal claim was that critics of what he and the ConDem inner circle still laughably call “the government’s long-term economic plan” have been proved “comprehensively wrong”. Some of us would like to see his proof of that.

Back in 2010, when Osborne took over at the Treasury, trashed a perfectly good Labour-stimulated recovery and sent the economy into freefall, those of us with any sense said the situation would worsen until it hit the point at which the economy would stabilise of its own accord, without any interference from politicians. Then it would start to improve because demand would start to rise again.

We reached the lowest point possible in the British economic cycle; from there, the only way was up. That is why there is a recovery – and a mean, meagre little thing it is, too. We should be 20-25 percentage points above where we are. Instead, we’re 1.4 per cent behind our pre-recession peak and the money is going to the wrong people.

The only question you should be asking is why this Tory illiterate has held us back.

Osborne told America that the British economy was growing faster than any other in the G7 – which means nothing. When an economy has shrunk more than any other, it is easier for it to grow. It doesn’t mean that our economy will be bigger than the others, although that is certainly the impression that Osborne wants to convey.

He said the growth was “despite warnings from some that our determined pursuit of our economic plan made that [economic growth] impossible”. This was a lie.

Osborne knows perfectly well that nobody said growth was impossible. They said Osborne’s policy would delay any recovery, causing misery for millions of medium- and low-waged people and providing a spurious justification for his colleague Iain Duncan Smith’s purges of benefit claimants – actions that have caused many thousands of unnecessary deaths.

Apparently, to quote members of a previous Tory government, that is “a price worth paying”. For what?

He said: “Fiscal consolidation [austerity] and economic recovery go together, and [the economic turnaround in the UK] undermines the pessimistic prognosis that only further fiscal stimulus can drive sustainable growth.” This is not what the data shows. It shows, as already stated, that the British economy hit rock-bottom under Osborne’s guidance and has now started the long climb upward of its own accord. That is not an endorsement of his policy; fiscal stimulus along Keynesian lines would have arrested the decline and boosted the economy back into growth – as evidenced four years ago, when Osborne inherited an economy that had been growing for five consecutive quarters and sent it right back into decline.

Osborne claimed, yet again, that a Keynesian scheme would create more debt – denying the simple economic fact that the boost it would have provided would have put more money into the Treasury and cancelled the debt far more quickly than his cuts.

It’s obvious, really. Any growth is despite austerity, not because of it. If you take money out of a system, it’s harder for anybody to make a profit on which tax can be paid. Economics 101, George. But you studied history, didn’t you? And towel-folding.

We should also remember that in Osborne’s first Budget he promised – promised – a “steady and sustained” economic recovery. Instead, we had three years in which the economy flatlined. Then he brought in ‘Help to Buy’ – a very crude fiscal stimulus scheme that has created a housing price bubble that is hugely damaging for low earners while putting money into the pockets of people who don’t need it. The economy picked up, because housing relies on other industries, but the crash that is to come might create a worse situation than before.

Osborne wants us to believe that wages will start to rise above inflation, even though the experience of the Americans to whom he delivered his speech is that 95 per cent of post-recession growth went to the richest one per cent of the population. He wants us to believe living standards will improve, but there is no evidence for this at all.

It’s all just another big lie.

Just take a look around you and you’ll see the facts. Osborne was charged with keeping the economy on its knees because that is what the Tories needed, in order to suck the cash from the middle-class, working-class and unemployed people of the UK.

Tories need mass unemployment to maintain the UK as a low-wage economy, creating more profit for bosses while keeping the workers under the cosh.

They need stagnation in much of the economy in order to ensure that the deficit does not go away and the national debt rises, thereby making it possible from them to continue selling off the National Health Service and dismantling the welfare state.

They need a housing bubble in places like London, to ensure that it is too expensive for undesirable poor and middle-income people, ship them out to other towns that have suffered the planned decimation of their economic bases (in order to ensure that they could not make a better living there), and make the capital city a playground for the rich.

And they have done it all by manipulating the media into telling you the worst lies about your own well-being – lies like those in George Osborne’s speech yesterday.

The last 40 years of British history represent the worst decline in living standards for the British people in the entire history of our nation. Never before did we have as much as when the Conservatives came to office in 1979; never before did we have so much to lose.

And we gave it away to liars like George Osborne, just because they had honey on their forked tongues.

Follow me on Twitter: @MidWalesMike

Join the Vox Political Facebook page.

Vox Political deplores the planned impoverishment of the UK
… especially as we are in poverty ourselves!
This independent blog’s only funding comes from readers’ contributions.
Without YOUR help, we cannot keep going.
You can make a one-off donation here:

Donate Button with Credit Cards

Alternatively, you can buy the first Vox Political book,
Strong Words and Hard Times
in either print or eBook format here:

SWAHTprint SWAHTeBook

Share this:

  • Twitter
  • Facebook
  • LinkedIn
  • Tumblr
  • Email
  • Print
  • Reddit
  • Pinterest

Like this:

Like Loading...

An hour of honesty at the Daily Mail

12 Saturday Apr 2014

Posted by Mike Sivier in Comedy, Media, UK

≈ 11 Comments

Tags

alternative, atheist, bad news, bathroom light, BBC, cancer, cause, Crowdwish, Daily Mail, emo band, flip flops, Hugh Grant, jobseeker, lefty, liberal elitist, lifestyle, Mike Sivier, mikesivier, negative, soup, stimuli, stimulus, survival, Vox Political, water, wind farm, women


Image: Crowdwish.

Image: Crowdwish.

Have a good look at the picture above. If you click on it, you should get a larger version.

The sign it depicts was erected on the wall of the Daily Mail offices in London yesterday by an organisation calling itself Crowdwish (@crowdwish – “The most popular wish of the day actioned. Today, tomorrow and forever.”) and the tweet accompanying this picture stated: “For one – very satisfying – hour the sign below adorned The Daily Mail offices this afternoon.”

The blogpost accompanying the picture explained that it was in response to a wish that the media would focus more on the good things that happen in the world.

“The fact is that bad news sells; negative events cause spikes in TV ratings, sales of papers to rise and increases in traffic online,” the article continued – and this is fair comment; Vox Political‘s own highest reader figures have been generated by disasters like the passing of the Gagging Law.

The article explained: “Man’s (and women’s) most primeval survival skill is to stay out of harms way; to be alert to threats or danger, and our brains are therefore hardwired to be highly responsive to negative stimuli. Bad is stronger than good because bad is inherently more threatening.

“As a result the media cater very directly to that powerful physiological reaction, giving us more of that which we fixate on and respond to, resulting in a slant towards negative news.”

The article went on to quote a specific example: “a very comprehensive list of all things that the Daily Mail have claimed ‘may’ cause cancer. The list includes water, soup, wearing flip flops and switching on the bathroom light at night.

“It’s more hilarious than offensive but led us to want to have a cheap laugh at the Mail’s expense this afternoon, it being Friday and all.

“So we made a faux-marble sign that we thought displayed a more accurate depiction of the Mail’s true editorial values, and sent someone – dressed as a workman in hard had and Hi Vis vest – to fix it to the side of their building in Kensington.

“Amazingly, it was a full hour before somebody noticed and removed it.

“Yes, we know the Daily Mail is an obvious target, and no, we don’t think it was very grown-up.”

It must have felt good, though.

Anyone wishing to keep an eye on Crowdwish’s future activities – or who wants to make a request – can do so via the address above.

Follow me on Twitter: @MidWalesMike

Join the Vox Political Facebook page.

Vox Political has only one wish: financial independence.
This independent blog’s only funding comes from readers’ contributions.
Without YOUR help, we cannot keep going.
You can make a one-off donation here:

Donate Button with Credit Cards

Alternatively, you can buy the first Vox Political book,
Strong Words and Hard Times
in either print or eBook format here:

SWAHTprint SWAHTeBook

Share this:

  • Twitter
  • Facebook
  • LinkedIn
  • Tumblr
  • Email
  • Print
  • Reddit
  • Pinterest

Like this:

Like Loading...

The end of free speech and free protest in the UK

29 Wednesday Jan 2014

Posted by Mike Sivier in Conservative Party, Corruption, Democracy, Law, Liberal Democrats, People, Police, Politics, UK

≈ 145 Comments

Tags

@DeadParrotJCP, @Director_UKJCP, @IDS_MP, @Skip_Licker, @UKJCP, account, ACPO, agent provocateur, Andrew Lansley, Another Angry Voice, assault, association, austerity, BBC, bill, blacklist, Chief, close, co-operation, Commons, company, Conservative, contraction, control, corporate, corporation, crime, criminal, David Cameron, democracy, Democrat, democratic, development, drop, e-petition, economic, economy, expansionary, fall, fell, fiscal, France, Free, free speech, Funding For Lending, gagging, George Osborne, Germany, Glenda Jackson, government, Health and Social Care Act, Home Office, Home Secretary, House of, ideological, information, kettling, legal, Liam Fox, Lib Dem, Liberal, lobby, lobbyist, Lords, Media, member, Michael Meacher, Mike Sivier, mikesivier, mortgage guarantee, mouthpiece, news, OECD, organisation, paper, Parliament, parody, Patrick Mercer, people, Peter Cruddas, Police Officers, policy, political, politics, Pride's Purge, protest, protest group, real, recession, record, register, right-wing, riot, scandal, sheep, sheeple, spending limit, stimulus, student, television, Theresa May, Tories, Tory, trade, Transparency of Lobbying, Twitter, UK, unelected, union, US, violent, vote, Vox Political, wage, water cannon, website


140129freespeech1

It’s farewell to your centuries-old right to free speech today, after your Conservative and Liberal Democrat MPs won their bid to get the Gagging Bill passed by the House of Lords. It won’t go back to the Commons because the Lords made no amendments.

While you, personally, will be allowed to continue complaining about anything you want, you will no longer have the ability to link up with others to protest government actions in any meaningful way as such action may breach Liberal Democrat and Tory government-imposed spending limits. Your personal complaints will be deemed unrepresentative of the people.

You will still be able to have your e-petition on the government’s website – if you win enough signatures to have it debated in Parliament – ignored by the Tories and Liberal Democrats in the House of Commons.

The Liberal Democrats and Tories have even managed to rub salt into the wound by creating a register of all the corporate lackeys who will still be able to influence their policies – freelance lobbyists employed by large companies for the specific purpose of swaying government policy. Lobbyists who are company employees will not be listed as the government says their purposes for meeting MPs should be obvious.

This means the new law will do nothing to restrict the power of corporations to write government policy or prevent lobbying scandals such as those involving former Tory MP Patrick Mercer, along with Tories Peter Cruddas and Liam Fox.

The new law protects in-house corporate lobbying operations from official scrutiny, while preventing the public from enjoying the same privileges of access to the government. That is what your Conservative and Liberal Democrat MPs have fought so assiduously to obtain, over the eight months or so that this legislation, “one of the worst… any government produce[d] in a very long time”, has spent being digested by Parliament.

In a Commons debate in September, Glenda Jackson MP warned that her constituents “know that the Bill… would prevent democratic voices from being heard”.

In response, Andrew Lansley – the Conservative who gave us the hated Health and Social Care Act 2012, another incredibly poor piece of legislation – said; “I look forward to the Honourable Lady having an opportunity… to go back to her constituents, to tell them that the things they are alarmed about will not happen.”

They have happened already. Within 24 hours of the Lords agreeing the Bill in its current form, at least one parody account on Twitter, that was critical of Coalition policies, was closed down: @UKJCP – a satirical account parodying the DWP.

@UKJCP immediately resurrected itself as @DeadParrotJCP and @Director_UKJCP. We’ll see how long they last.

Let us not forget, also, that the third part of this law cracks down on trade unions, enforcing strict rules on membership records to ensure, it seems, that it is possible to ‘blacklist’ any trade unionist who finds him- or herself seeking work.

With free speech flushed away, you may still resort to public protest – but the Association of Chief Police Officers (ACPO) has that covered.

ACPO, which is funded by the Home Office, is lobbying the government for permission to use water cannons on the streets of the UK. This would be of no use at all in quelling violent criminal activities like the riots in 2011 – the police chiefs have already admitted that water cannons would have been ineffective in halting the “fast, agile disorder” and “dynamic looting” that took place during August 2011.

ACPO is an organisation that has tried to put ‘agent provocateurs’ into legitimate protest groups and promoted ‘kettling’ to stop peaceful protests (as used in the student protests early in the current Parliament), among many other reprehensible activities.

Considering its track record, it seems clear that ACPO wants to use water cannons against legitimate political protests, on the assumption that the increasing imposition of ideologically-imposed austerity on the country by the Liberal Democrats and the Conservatives will lead to more political protests, as people across the UK finally realise that the Tories and their corporate lobbyist friends are actually working against the wider population.

ACPO’s report on water cannons makes it clear that “it would be fair to assume that the ongoing and potential future austerity measures are likely to lead to continued protest” and “the mere presence of water cannon can have a deterrent effect”.

The Home Office response? “We are keen to ensure forces have the tools and powers they need to maintain order on our streets. We are currently providing advice to the police on the authorisation process as they build the case for the use of water cannon.”

So there you have it. Take to the streets in peaceful protest and your police service will assault you with water cannons, with the blessing of your government.

There remains one option open to you – your vote. You could get rid of the Conservatives and the Liberal Democrats at the next general election in 2015.

But that leads us to ask why the government has launched its attack on free speech and free protest.

Perhaps it wants to control the information you receive, on which you base your voting intentions?

We already know the unelected Conservative and Liberal Democrat government is using the predominantly right-wing media for this purpose. For example: George Osborne made a great deal of fuss earlier this week, alleging a huge resurgence in the British economy. With help from Tory mouthpiece the BBC, he was able to put out the headline figure that the economy grew by 1.9 per cent in 2013 – its strongest rate since 2007.

Osborne also claimed that Britain is doing better than all comparable economies in the Organisation for Economic Co-operation and Development, and that the upturn is due to his imbecilic “expansionary fiscal contraction” policy, otherwise known as austerity.

All of these claims are false, or intended to create a false impression.

Firstly, his 1.9 per cent of growth started at a much lower level of output than would have been the case if Osborne had not imposed austerity on us all and stopped the 2010 recovery dead. GDP would now be 20 per cent higher than its current levels if not for this single act of stupidity from the stupidest Chancellor in British history.

Secondly: The US economy recovered from an eight per cent fall after 2008 to a five per cent rise above its previous peak by the third quarter of 2013. Germany is the only major European country to enjoy growth of two per cent or higher, after an initial recovery based on increased public expenditure – not austerity. Even France has nearly reached its pre-crisis peak. The UK remains two per cent below its previous economic peak.

Finally, Osborne did not even get to this miserable excuse for a recovery by imposing austerity. He quietly adopted a stimulus policy to avoid going back into recession. What do you think ‘Funding for Lending’ is? Or his mortgage guarantee scheme?

All this is clarified by Michael Meacher MP in his own blog.

If George Osborne, Home Secretary Theresa May, ACPO and the Conservative-Liberal Democrat Coalition in Parliament had their way, you would not have access to any of these facts.

You would be led to believe that the governments policies are working, exactly the way the government says they are working.

You would not have any reason to believe that the government is lying to you on a daily basis.

You would be tranquillised.

Anaesthetised.

Compliant.

Would you vote against a government that tells you such wonderful things, even when your own circumstances might not reflect that story (real wages fell by seven per cent in the private sector and five per cent in the public sector between 2007-13)?

David Cameron is betting his career that you won’t.

He wants you to be a good little sheep.

Is that what you are?

Follow me on Twitter: @MidWalesMike

Join the Vox Political Facebook page.

Vox Political stands up for free speech.
 This site could be directly threatened by the gagging law!
That’s why Vox Political needs YOUR help to continue.
You can make a one-off donation here:

Donate Button with Credit Cards

Alternatively, you can buy the first Vox Political book,
Strong Words and Hard Times
in either print or eBook format here:

SWAHTprint SWAHTeBook

Share this:

  • Twitter
  • Facebook
  • LinkedIn
  • Tumblr
  • Email
  • Print
  • Reddit
  • Pinterest

Like this:

Like Loading...

Vox Political

Vox Political

Enter your email address to follow this blog and receive notifications of new posts by email.

Vox Political

  • RSS - Posts

Blogroll

  • Another Angry Voice
  • Ayes to the Left
  • Diary of a Benefit Scrounger
  • The Green Benches
  • The Void

Recent Posts

  • The Coming of the Sub-Mariner – and the birth of the Marvel Universe (Mike Reads the Marvels: Fantastic Four #4)
  • ‘The Greatest Comic Magazine in the World!’ (Mike reads the Marvels: Fantastic Four #3)
  • Here come the Skrulls! (Mike Reads The Marvels: Fantastic Four #2)
  • Mike Reads The Marvels: Fantastic Four #1
  • Boris Johnson’s Covid-19 u-turns (Pandemic Journal: June 17)

Archives

  • August 2021
  • June 2021
  • March 2021
  • February 2021
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011

Topics

  • Austerity
  • Banks
  • Bedroom Tax
  • Benefits
  • Business
  • Children
  • Comedy
  • Conservative Party
  • Corruption
  • Cost of living
  • council tax
  • Crime
  • Defence
  • Democracy
  • Disability
  • Discrimination
  • Doctor Who
  • Drugs
  • Economy
  • Education
  • Employment
  • Employment and Support Allowance
  • Environment
  • European Union
  • Flood Defence
  • Food Banks
  • Foreign Affairs
  • Fracking
  • Health
  • Housing
  • Human rights
  • Humour
  • Immigration
  • International Aid
  • Justice
  • Labour Party
  • Law
  • Liberal Democrats
  • Llandrindod Wells
  • Maternity
  • Media
  • Movies
  • Neoliberalism
  • pensions
  • People
  • Police
  • Politics
  • Poverty
  • Powys
  • Privatisation
  • Public services
  • Race
  • Railways
  • Religion
  • Roads
  • Satire
  • Scotland referendum
  • Sport
  • Tax
  • tax credits
  • Television
  • Terrorism
  • Trade Unions
  • Transport
  • UK
  • UKIP
  • Uncategorized
  • unemployment
  • Universal Credit
  • USA
  • Utility firms
  • War
  • Water
  • Workfare
  • Zero hours contracts

Meta

  • Register
  • Log in
  • Entries feed
  • Comments feed
  • WordPress.com

Create a free website or blog at WordPress.com.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy
  • Follow Following
    • Mike Sivier's blog
    • Join 168 other followers
    • Already have a WordPress.com account? Log in now.
    • Mike Sivier's blog
    • Customize
    • Follow Following
    • Sign up
    • Log in
    • Report this content
    • View site in Reader
    • Manage subscriptions
    • Collapse this bar
 

Loading Comments...
 

    %d bloggers like this: