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(, Sun 1 Apr 2001, 1:00)
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Politicians don't decide the interest rate any more

(, Thu 24 Apr 2014, 14:21, 3 replies, latest was 10 years ago)
/out of touch

(, Thu 24 Apr 2014, 14:22, Reply)
I think the interest rates will be pushed up half a percent, and the economy will tank again.

(, Thu 24 Apr 2014, 14:23, Reply)
not directly
but their policies do. unemployment has just dipped underneath the magical 7%, so...
(, Thu 24 Apr 2014, 14:23, Reply)
but whaaaaaaaaa those jobs are part time whaaaaaaaaa those jobs are zero hour contracts whaaaaaaaa those jobs don't pay enough whaaaaaaaa

(, Thu 24 Apr 2014, 14:25, Reply)
which is just kicking the can down the road
lower tax receipts = more borrowing = higher taxes and pension costs for your children.
(, Thu 24 Apr 2014, 14:29, Reply)
but who cares about that when you can buy votes NOW by promising to spend

(, Thu 24 Apr 2014, 14:39, Reply)
So... the governer of the Bank of England quickly reneged on *his* policy

(, Thu 24 Apr 2014, 14:26, Reply)
his policy was that rates would not rise until unemployment dropped below 7%
not that rates WOULD rise when unemployment dropped below 7%
(, Thu 24 Apr 2014, 14:28, Reply)

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