Uh, no.
He hasn't had to do that since the October low.
And it doesn't look like he'll have to do that for a while, either. Well, unless inflation breaks 3%.
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Uh, no.
He hasn't had to do that since the October low.
And it doesn't look like he'll have to do that for a while, either. Well, unless inflation breaks 3%.
Lothian
should be banned
To be fair that was not really a lie.
You will recall following the brexit vote the Bank of England plunged an extra £170bn into the economy.
If that had not been done the same money could had come from an emergency budget
By way of an example of how that money could have been raised by other means
1p Increase in the basic rate of tax £3.9bn
Cut all persoanl allowances by 10% £9.7bn
Increase personal and Busienss NI contributions by 1p £8.6bn
Increase VAT by 1% £6bn
Those small changes would have brought in £28.2bn. I am sure other tax rises and cuts could have made up the remaining £141.8bn.
Archie Gemmill Goal
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On you go then. Start at the top.
3point14
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I don't think he will.
you'll also get a lot of equivocation about what was a lie and what was expert opinion that either hasn't come to pass because of actual actions or which were, what he will consider, lucky guesses.
This is the problem with democracy, even the woefully informed, working from the school of 'my dad said' and with a doctorate from 'the daily mail said', get a vote.
When the chancellor of the exchequer, and a previous chancellor get together on a platform and tell you that in the days immediately following a leave vote an emergency tax raising budget will be held.
And then there is no emergency budget.
Now remain supporters can claim this was not a lie. But if they do then it shows that they don't understand the English language.
3point14
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When you could see for yourself that it was a not a lie, before you predicted I would say it was a not a lie, that's not a particularly stunning achievement.
Anyway, you predicted I wouldn't even reply. So you were completely wrong.
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3point14
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Not bored. Never bored.,
I can see exactly one lie, and that's Cameron's that he would immediately trigger A50 in the event of a leave vote. Any other predictions are yet to be tested, since article 50 has not yet been triggered. Many of the predictions are based on what happens after A50 is triggered, or after we actually leave, not what would happen in the limbo we're currently in.
No. Many of the statements made by the chancellor, and other members of project fear, were what would happen in the days immediately following the referendum if we dared vote leave. These were not things that would happen after triggering Article 50 - they were threatened to happen straight away. Those things haven't happened.
Now you could argue that some weren't lies - just inaccurate forecasts, but the chancellor wasn't forecasting that he might hold an emergency budget - he told us that he WOULD hold one. He didn't, so it was a lie.
Now you could argue that some weren't lies - just inaccurate forecasts, but the chancellor wasn't forecasting that he might hold an emergency budget - he told us that he WOULD hold one. He didn't, so it was a lie.
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Rat
Not bored. Never bored.,
But, again, Cameron repeatly said that he would trigger A50 immediately.
Lothian
should be banned
There was no emergency budget. However what the chancellor said was that following a leave vote there would be a huge effect on the economy and an emergency budget would be needed.
What happened was that following a leave vote, to prevent a huge effect on the economy, the Bank of England had to inject into the economy £170bn or £2656 for every man, woman and child in the UK.
While the proposed solution (emergency budget) was not the one used in the end, the chancellor was quite right about the effect on UK finances a leave vote would have.
Project fear was actually project accurate forecast in this case.
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Okay, so that was a lie by the remain side too. But Osborn didn't say he would hold his emergency budget, "only in the event that the Prime Minister wasn't lying when he told you..." He said he would hold his budget in the days immediately following a Leave vote.
The Labour ex chancellor stood on the same platform and agreed that the emergency budget would be necessary.
If you think we're in a limbo situation now prior to triggering Article 50, are you predicting that things will nosedive in early April (in the days immediately following Prime Minister May triggering Article 50 before the end of March as promised).
If not, why not?
If not, why not?
Instead we got the BoE shovelling money out the door to keep things afloat, presumably in the hope that sanity would reassert itself. Sadly that didn't happen and we instead got an Autumn statement that declared that the government would start shovelling money out the door to try and keep things afloat.
Of course, the end result of all that shovelling was simply to delay the inevitable. Still...never mind, eh?
Of course, the end result of all that shovelling was simply to delay the inevitable. Still...never mind, eh?
Lothian
should be banned
I have accepted that there was no emergency budget. However you need to look beyond the trite fact that there was no budget to see what threat 'Project fear' was predicting. He was saying the economy would be hit following a leave vote and that would need corrective action to stabilise the economy. He was totally correct in that prediction.
If the government says that in future separated fathers will have to pay child maintenance to their partners but instead they don't actually pay rather deductions are made to their income at source is that a lie or in both cases does the fathers money go to the mother?
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Archie Gemmill Goal
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Yes it is. A barefaced lie. Seriously if you are going to be dishonest to this extent you might as well not even pretend to be arguing.
Once we've stopped uncontrolled immigration from the EU of unskilled migrants, we'll be able to allow immigrants in from all over the world providing they have the skills we want. That will include Australian nationals. Please explain why you think this is a lie.
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