Originally Posted by MattXfactor:
“If you feel that about what Mervyn said then surely you must realise why the cuts have had to be made? Interested to know your opinion.”
I was just stating a fact about what Mervyn King said in 2010, nothing more. I live my own personal life within my own means. What I cannot afford I do not have. I never use credit. I save as much as I can do. More individuals should have been like this over the years, and so should government try to be, to avoid debt if at all possible. Easier said than done most probably. Banks are more culpable than governments in encouraging so much debt in the past decade or two I guess. You cannot go on spending and getting ever bigger debts, that is clear........but, see my post below to Tassium for the rest.
Originally Posted by Tassium:
“Mervyn King was right in his basic idea, but he expected the winning party to behave fairly I imagine. And that would have annoyed many many people.
The only thing is the Conservatives did not actually behave fairly and dumped everything on the poorest and most vulnerable.”
Yes. I don't think this is just a perception but the absolute reality.
I treat people as I expect myself to be treated. Many do the same. I also judge people by how they treat others, especially those not as fortunate for whatever reason than themselves. Therefore I judge this Cameron led government harshly on those counts, and that is the politest way I can put it believe me.