UK economy
 

If you don't know, much debate has been raging on here about the UK's economy. There are those who firmly believe that the UK is, to put it in the words of Frazer from Dad's Army, ''doomed''. Others are more optimistic.

What do you think?

Re: UK economy
 

Anyone who thinks the economy is currently fine must be deluded, by any standard of a "fine economy" (unless you are including third world standards).

It's fine for some individuals (and maybe for the individual who responded fine, everything is lovely), but nationally, I can't find any sensible rationale to say it's "fine".

Re: UK economy
 

And no.. it wasnt me :lol:

Re: UK economy
 

As no one has opted for ''the UK is doomed'' option thus far I assume that BAY, hereandthere and Renth have yet to offer their votes.

Re: UK economy
 

Aaah, we have a vote for ''doomed''.

I see hereandthere has been around.

Re: UK economy
 

If you go back to around to the early 1990s, Canada's debt was spiraling out of control but a change of government and some prudent fiscal changes changed all of that around. The same happened in New Zealand a couple of decades previously. If you extrapolate all of the information from the graphs, in the future, the UK will be populated entirely by retired civil servants so some drastic changes are required, especially in this area.

Re: UK economy
 

yeah, but, having lived through those changes in NZ, it was painful and difficult. Lots of people who formally had government jobs were out of work as the government cut spending and that hurt race relations among other thngs. Health spending was cut, we had to start paying for doctors apppointments, all that kinds of stuff effects your quality of life.

Was it the right thing? Yes. But it was not easy. Considering the way people on MBBTUK hark back fondly to the NHS and the easy welfare now, I don't think big cuts to those things are going to be popular.

But was it worth it? Yes. It took a long time, though, for things to improve.

Re: UK economy
 

Yup, just voted - "Doomed", natch.

Re: UK economy
 

Nothing if not predictable.

Re: UK economy
 

And what's with ''natch''; are you a 19 year old?

Re: UK economy
 

Always trying to "start" aren't you?

Re: UK economy
 

Like anywhere, the UK has it's pros and cons. But look at the unfortunate people on this site in places such as Goa and Spain who have had their homes reposessed by incompetent and corrupt governments. In many cases, this was through no fault of their own and their life savings have gone up in smoke. I have moved all over the World and have yet to find Utopia.

Re: UK economy
 

Please can we have a 'I don't give a stuff about the economy I want to live in the UK 'cos I love living here (and it's shed loads better than Perth Oz)' button.

Ta!

Re: UK economy
 

To be fair, I think we have different requirements at different times of our lives. Like I was, I think younger people may often be in search of adventure and/or opportunity which is a good thing. However, some find it, some do not. I stayed in Canada for 24 years because I always managed to find a good job here and am now regretting it because I could probably have done just as well in other places. No doubt, Canada is very comfortable but if it is the land of opportunity any more, I am not so sure.

Re: UK economy
 

Should have thought of that!