As the dark, deflationary clouds from China and elsewhere gather, and as unemployment and underemployment are still to be found in great swaths of the country, Adonis could propose an infrastructure programme that can help deal with these threats. This would involve using QE to fund increased economic activity that protects the environment through a programme to make all the UK’s 30m homes, offices and factories energy efficient.
This decades-long energy infrastructure project
But, but, GQE and PQE are to be used only in times of utter economic distress, not over decades!
Or has Ritchie not been able to get Hines up to date with the new version?
The letter below Colin Hines’s is a corker:
A little googling tells me that the writers are both academics at Warwick University. In particular Mike Geddes
So in short, a Juanquerista. It’s Bolivia I feel sorry for . . .
“This would involve using QE to fund increased economic activity that protects the environment through a programme to make all the UK’s 30m homes, offices and factories energy efficient.”
Didn’t the Labor party try this in Oz? I seem to remember it was a disaster.
If local authorities are going to be pushed into investing their pension funds in propositions such as this, I can predict a crisis in 10 to 15 years…..
He hasn’t resigned from Labour, he’s still a Labour Party member, he has just taken a chairmanship of government-nominated body, and so has resigned the Party Whip and sits as a cross-bencher (independent). Just like the Mayor of a local council nominally sits as an independent while they are Mayor as they are the chair of the council. Blair’s (Lab) government appointed David Mellor (Con) to chair a Football thing. David Steel (LD) sat as an independent while he was presiding officer of the Scottish Parliament (Lab) without resigning from his party.
Jgh,
Yes but that’s all based on the idea that politics can be consensual at some level and that politicians can act in a disinterested way.
This is the left we are talking about and the only consensus there is how much they hate the Tories, and even then they can fall out over who hates them the most.
Jonathan – Not quite the Oz experience I don’t think. I believe they took the approach of using funds raised by general taxation to subsidize the eco-improvements to homes rather than using QE.
The completely unforeseen (by Govt policy wonks at least) consequence was that it lead to revenue raised by taxing the poorer people in society being redistributed to middle class folks to subsidize the installation of solar panels on the roofs of their homes which were already meeting the environmental standards the scheme was set up to help achieve.
The Govt then quietly dropped the scheme.
At least that’s how I recall it playing out.
Tim…just ignore Ritchie for a while. Let him disappear beneath the weight of his excrement.
Ignore him for a week.
He needs you more than you need him.
Without you, his followers are members of the BUF or CP.
Just wait until Zoe realises who she is rubbing shoulders with. people called Matt who have never been outside their mother’s bedsit
A weekly round up will get us all through the weekend
“Ignore him for a week.
He needs you more than you need him.”
I’ve often wondered how much exposure Tim gives Murph!
You are right, a week is a holiday. And yet, on the other side of the coin, imagine if the views of people like the Murph increasingly went unchallenged – and that they sounded rational or mainstream?
All around us, stupidity and lunacy continue their ugly march. I am misquoting you, and you are right in this context, but turning up at weekends doesn’t even win battles…
As Tim himself once said:
‘All that is required for evil to triumph is for good men to do nothing’
When face with someone as deadly as Murphy would be to the country – can we rest even a day, nary even an hour? – No – we must constantly promulgate evidence of his delusions and the stupidity of his ideology. As PF says, Lord knows there are enough stupid people out there who whether through malice or genuine ignorance might think his ideology ‘sounds like a good idea’…
Looks like Dave is taking on some of the load though: http://order-order.com/2015/10/07/daves-richard-murphy-sex-joke/