Sent from my iPhone

On 4 May 2011, at 14:23, "Mark Humphries" <[email protected]> 
wrote:

> Reduce the deficit, not fill it.
> 
Semantics, pedantics.

> And as I'm sure you know, the structural deficit is not the same thing as
> the national debt, which is fast approaching a TRILLION pounds.
> 
Yeah I know. What's your point? I like the way you capitalise the word TRILLION 
though, to emphasise it's hugeoscity.

 Are you some sort of Tory recruitment officer? This is getting to be a bit on 
the boring side pal. 
 
> In that context 1 extra bank holiday every 30 years is pissing in the wind.
> 
Nope. I raised it in a light hearted way. I think you were serious about your 
pop and cake tax though.

> If only Labour had read all of John Keynes theory and not just stopped at
> the "it is ok to spend when times are bad" bit and got our cheque books out,
> conveniently ignoring the "as long as you save when times are good" bit eh
> :-).
OK mate. I'll defer to your supreme knowledge of macroeconomic affairs. All 
I'll say is you conveniently ignore that THE ENTIRE DEVELOPED WORLD (I can 
learn at least one thing from you) was in recession. I don't remember the 
Tories jumping up and down about our underegulation of the banks 1997-2008, 
which ultimately caused this mess. Perhaps you can send me a link to the 
appropriate Hansard entries?


>  Then, depending what colour you are, we might not be having to make
> such drastic cuts in public spending, or have the excuse of the deficit/debt
> to make ideological cuts.  Either way you look at it, it is
> Blair/Brown/Darling to blame not Cameron, not Clegg, not FPTP, not the
> Queen and not Ken Bates.

Nah - the lack of growth (our only hope for a sustained recovery) is Oik and 
Dave's fault. Ably assisted by Cleggster
>     
> What a shitter.

Indeed.
> 
> -----Original Message-----
> From: Ian Murray. [mailto:[email protected]]
> VSent: 04 May 2011 14:00
> To: Mark Humphries
> Cc: Robert Heath; Richard Naef; <[email protected]>
> Subject: Re: [LU] [Non LU] Good omen?
> 
> Maybe we can use the cake and pop tax revenue to fill this deficit you seem
> so concerned about?
> 
> Or no, we have to offset that against the net loss to the economy of
> billions caused by the extra BH. (not that I complained too much, but the
> points there)
> 
> Sent from my iPhone
> 
> 
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