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A vote for Labour is a vote for ... ?


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21 hours ago, forlanssister said:

Of course living on the sunny costa you'd be immune from the pain you want to exert on us in Blighty eh?

It's more about living on the sunny costa to avoid the pain that has been exerted on Blighty these past decades but few want to talk the absolute chaotic mess and the road we are going down under decades of extreme capitalism.

 

It's not healthy to keep doing the same thing when it's so obviously broken.

This is when political balance should come in to play and the ensuing corrections.

 

 

 

 

 

 

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32 minutes ago, Bill said:

Of course Spain hasn’t been affected by the financial crisis at all. What a crock. 

Still not wanting to speak about the actual ongoing longterm crock of...you know, what would be relevant to this thread.

 

Not forgetting, the financial crisis you mention...why did that come about ?

Yes, decades of the same type of politics and economics and guess what, we are headed for another (as you loudly tell us in another thread)...

 

...no worries, shut your eyes, fingers in your ears, let's head in the same direction, only it'll probably be faster :crazy:

 

Edited by buster.
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2 hours ago, buster. said:

Still not wanting to speak about the actual ongoing longterm crock of...you know, what would be relevant to this thread.

 

Not forgetting, the financial crisis you mention...why did that come about ?

Yes, decades of the same type of politics and economics and guess what, we are headed for another (as you loudly tell us in another thread)...

 

...no worries, shut your eyes, fingers in your ears, let's head in the same direction, only it'll probably be faster :crazy:

 

And the alternative that the Corbynistas want to impose is the model economic powerhouse that is Venezuela :D

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41 minutes ago, forlanssister said:

And the alternative that the Corbynistas want to impose is the model economic powerhouse that is Venezuela :D

Latin American disasters have always had a place in the hearts of the British left but I think Corbyn’s whiskers are twitching in the direction of Zimbabwe as his economic model. 

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18 hours ago, forlanssister said:

It appears they got Diane Abbott to work out the costings :D

 

 

First mistake spotted in the huge mess that is Labour's plan to take over the Internet in the UK. Diane Abbott definitely did these sums, but McDonnell repeated them lol

 

How Corbyn got his broadband nationalisation numbers wrong – by a factor of three

 

John McDonnell today explained that the broadband nationalisation plans are perfectly affordable – upkeep costs would just be £230m a year. This was based on a report from the National Infrastructure Commission. It compared going for full fibre with incremental upgrades of the copper system and gave a £6.9bn cost of operating full fibre over 30 years, so £6.9bn divided by 30 makes £230 million. Simples! Or is it?

 

The sharp-eyed Sam Taylor spotted in the footnotes that £6.9bn is really a discounted cash flow figure. So dividing £6.9bn by 30 to arrive at an annual operating cost estimate of £230m “is therefore a catastrophic spreadsheet error. Or more accurately, the error is the failure to even use a spreadsheet”. When the sums are done properly, the annual operating costs of running a British Broadband Corporation would be an almighty £690m. So, as Taylor puts it, “McDonnell and his advisors are out by a factor of 3, because they don’t know how to use a spreadsheet. Staggering.”

 

It's ok the tax payer will pick up the extra £460m per year on top of all the other costs of this fools errand. 

Edited by ChelseaBoy
mistake
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