Business & Finance1 min ago
Eu Exit Could Add Two Years To Austerity, Ifs Says
http:// www.bbc .co.uk/ news/uk -politi cs-eu-r eferend um-3637 1700
Yet another well known and well respected institution comes out in favour of STAY.
Farage doesn't agree, but that can't come as surprise to anyone.
Prime Minister David Cameron said the IFS was the "the gold standard in independent, impartial economic forecasting and commentary in our country".
Yet another well known and well respected institution comes out in favour of STAY.
Farage doesn't agree, but that can't come as surprise to anyone.
Prime Minister David Cameron said the IFS was the "the gold standard in independent, impartial economic forecasting and commentary in our country".
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For more on marking an answer as the "Best Answer", please visit our FAQ.From the IFS Wiki page:
The Institute frequently speaks out on politically important issues and has at different times been criticised from both sides of the political spectrum. In October 2010, Deputy Prime Minister Nick Clegg accused the IFS of using methods that were "distorted and a complete nonsense" [12] after it challenged government claims that tax and benefit reforms in the June 2010 Budget were "progressive." [13] Left-wing think tank Tax Research UK stated in a report that the "Institute for Fiscal Studies is a body that persistently recommends tax increases that benefit the wealthiest in society at cost to those who make their living from work and the poorest in society".[14] On another occasion, the right-leaning magazine The Spectator published a leader stating that "‘institutes’ funded by research grants (which means, usually, tax money) will always argue for more expensive meddling by the state" and that the Institute for Fiscal Studies was "the most striking example" of this.[15]
Not really a surprise seeing who benefits from their 'forecasts', is it?
The Institute frequently speaks out on politically important issues and has at different times been criticised from both sides of the political spectrum. In October 2010, Deputy Prime Minister Nick Clegg accused the IFS of using methods that were "distorted and a complete nonsense" [12] after it challenged government claims that tax and benefit reforms in the June 2010 Budget were "progressive." [13] Left-wing think tank Tax Research UK stated in a report that the "Institute for Fiscal Studies is a body that persistently recommends tax increases that benefit the wealthiest in society at cost to those who make their living from work and the poorest in society".[14] On another occasion, the right-leaning magazine The Spectator published a leader stating that "‘institutes’ funded by research grants (which means, usually, tax money) will always argue for more expensive meddling by the state" and that the Institute for Fiscal Studies was "the most striking example" of this.[15]
Not really a surprise seeing who benefits from their 'forecasts', is it?
Mikey, //Fair weather friends perhaps ? //
No. People who don't follow a leader like sheep as you follow yours. People with minds of their own. And I've lost count of the number of times you've been told that the electorate voted for a party - not for a man - so do stop prattling on with the same old drivel (your favourite word).
No. People who don't follow a leader like sheep as you follow yours. People with minds of their own. And I've lost count of the number of times you've been told that the electorate voted for a party - not for a man - so do stop prattling on with the same old drivel (your favourite word).
I don't believe a word of it, because I don't trust the boys' club that try to look after their own and each other's interests. But even if it were true then regaining control of our own country would be well worth it anyway.
Besides if our Chancellor was any use UK economy issues would have been over for some time ago now. The trouble is they prefer giving us austerity and sitting it out, to stimulation and getting back on track. As a government, rather than an individual company, they could afford to invest and encourage private companies into a more optimistic buoyant mood.
I think they're just finding excuses for when they continue to fail to end the UK economy's issues in the near to medium future.
Besides if our Chancellor was any use UK economy issues would have been over for some time ago now. The trouble is they prefer giving us austerity and sitting it out, to stimulation and getting back on track. As a government, rather than an individual company, they could afford to invest and encourage private companies into a more optimistic buoyant mood.
I think they're just finding excuses for when they continue to fail to end the UK economy's issues in the near to medium future.
THECORBYLOON
/// "I thought historians spent their time looking into the past, not looking into the future?" Says the man who is always bemoaning Britain's future whilst harping on about what like it was in the past. ///
"What like it was in the past"
Shouldn't that be "what is was like in the past"?
But we will ignore that shall we?
I am not an historian, I view my history from the days that I have experienced, not what I have read in a book, and one doesn't have to be a fortune teller to forecast what this country will be like in the future, we get lesson of that every day.
/// "I thought historians spent their time looking into the past, not looking into the future?" Says the man who is always bemoaning Britain's future whilst harping on about what like it was in the past. ///
"What like it was in the past"
Shouldn't that be "what is was like in the past"?
But we will ignore that shall we?
I am not an historian, I view my history from the days that I have experienced, not what I have read in a book, and one doesn't have to be a fortune teller to forecast what this country will be like in the future, we get lesson of that every day.
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