Concern within the Labour Party that Jeremy Corbyn is doing well

Absolutely petra.

whitewave, I do believe in a small state in most things.

soon well that is fine if that is what you would like to see in the UK.

As you will have gathered I would not be happy to see the UK regressing to such a state. We must therefore agree to differ.

So you have answered the question soon you carry on trying to exist knowing your budget is limited,and you cut things. You see, the problem with believing in cutting things (call it austerity if you wish -they use the term because it smacks of wartime and the "blitz spirit") is where do you draw the line? If you don't invest, if you continue cutting, it is the poor and vulnerable who suffer. To use your household idea, you effectively stop looking after some people. I know there are people who consider that this is OK, GO and DC certainly do. I don't!

Trisher. I think there are some people who exist in their little bubble and have no idea what is happening in the real world until they need to use one of the services that has been cut or disappeared forever.
Then it's: oh, where did that go, we always used to have that.

If there is austerity, ideally, it is not necessarily or even necessary that the poor and vulnerable suffer. And that is where I start to differ with the conservatives.

Maybe I've missed the point here, but I thought that govt. borrowing, a lot of it by quantitive easing, mostly goes to pay off the huge national debt (to countries like China.) Which accumulates a higher interest rate than Q.E.
Also borrowed from pension funds.

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Wow that's offensive!

But green QE is printing money to give to businesses that will provide employment in building, in infrastructure and in green energy instead of giving it to the banks. It produces employment, people paying taxes, a decent living wage, and pride in your community.
If you want to understand, soon, you are just going to have to read one of my links.

Jane10. If people don't understand that austerity only hits the poor and vulnerable the comment is appropriate.

That's the first time I've heard the word 'spam' used as a term of abuse towards another person before. I agree, Jane10 it certainly is offensive!

I have reported it. I think petra just went too far.

You are right Trish the "borrowing" is mainly QE which is not really borrowing as it would be borrowing from ourselves and would be like me borrowing from me. It can devalue the currency however. What JC is saying is that we must move to using QE to expand in the way that Jen explains.

What do those that like the idea of depriving everyone of all but the absolute minimum of state provision think it will do. As whitewave says, austerity is the wrong word and is used to make us feel there is no alternative and that it is about making the best of the little available. This is not the situation we are in. The reason little will be available is only because the government has decided it will be so - it is not the true situation. This is not austerity and, indeed, again as ww says it is holding up the example of the war and is an insult to those who scrimped and saved because they had no choice.

What GO and DC are doing is putting the whole country on a starvation diet. Of course, there are those who, in spiv like manner, can by their way to more but there are also those who will be starved, both actually and of opportunity and hope.

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No, not a reincarnation. Petra is the name I joined with. There are many intelligent women on here sharing lots of informative information but some people are just not getting it.

Some people are just not accepting your views. That's their prerogative and no one deserves to be insulted because they won't be browbeaten into submission.

What do trolls do?

Sit under bridges waiting for goats?

[Grin] correct!!!

Jen. Lol.

Thank you Jane10 Ana and Bellanonna.

The austerity cuts coming are likely to mean
Larger class sizes
More NHS misery
More libraries closed
Parks closed
Museums charging
and on and on

That is not just going to affect the poor and vulnerable.

And no I wont be browbeaten into submission. I dont do in in real life, and I dont do it anywhere else either.

TriciaF. You have raised an interesting question.
I dont know if anyone knows, but I think QE normally goes to banks? And they are suuposed to lend it? Which pushes up inflation which can have catastrophic results.
That I think is what used to happen.

Or it can be used to pay off debt.

I think this time around, it was used by the banks to help bring their balance sheets back into balance. And therefore doesnt seem to have resulted in inflation?

Someone can correct me on that if I have got that wrong.

I have never noticed a green QE link durhamjen.
Provide one please!