Grimsby Labour Party
 
 
 
 
 
 
 
 
Could the Eurozone break up? Yes it could. That is not the most likely outcome of the present crisis. An extended recession or slump seems more probable, or maybe they manage to find a better solution altogether. Austerity on its own leads to depression. The countries subject to this policy might revolt against austerity; the surplus countries, notably Germany, might agree to expand. To read more click here.

And continuing trouble for Britain? There has been minimal growth in the past year. When compared to a growth rate of say 2% (the long term average is about 2.5%) this amounts to a waste of some £20,000 million pounds. Quantitive easing by the Bank of England has helped a little, and has also kept our bond prices (or in Britain that means gilt edge stock) very low.An austerity policy that included some economic growth would have required investments, though on a larger scale than that proposed by George Osborne. This would certainly have needed more borrowing as well as improving efficiency. For more click here.

 

Health Inequalities are serious, both nationally and locally. They are far greater than most people realise. Recent reports have described the situation in detail. For comments on the national report click here
For local report click here; for health and equality click here

 

 

Global Warming - really? Climate change goes on. How to stop it and adapt to it will remain major problems for the foreseeable future. Nearly all governments know this but there are other more urgent things to do, so it is not altogether surprising that negotiations have not progressed far. For more click here

 

A canvassing team at an election. In the Grimsby Labour Party.We think
it is important to make contact with as many of the electorate as possible.
. This helps us to learn what people are thinking and what may be worrying
them, both locally and nationally. For more about our activities click here

 
"He is a bazooka with the face of an obedient child"
Le Monde on David Cameron
 
 
 
"A reform process based on a pillar of fiscal austerity alone risks becoming self-defeating, as domestic demand falls in line with consumers' concerns about job security and disposable incomes eroding national tax revenues."
Standard and Poor's (rating agency)
 
 
 
What can be more palpably absurd and ridiculous than the prospect held out of locomotives travelling twice as fast as stagecoaches."
Quarterly Review in 1830
 
 
 
What can be more palpably absurd and ridiculous than the prospect held out of locomotives travelling twice as fast as stagecoaches."
Quarterly Review in 1830
 
 
 
"The boom, not the slump, is the best time for austerity at the treasury."
Maynard Keynes in 1937
 
 
 
"Mr Cameron made a blunder last week. But that of the eurozone looks far bigger."
Martin Wolf in the Financial Times
 
 
 
"We're facing the biggest youth unemployment crisis in a generation with close to one million of our young people unable to find work."
Brendan Barber
 
 
 
"There is nothing more debilitating than seeing 16- and 17-year olds twiddling their thumbs in bus shelters because they have nothing else to do."
John Cridland (Director General of the CBI)
 
 
 
 
 
 
This and That
Britain has had a national (sovereign) debt of more than 100% of its annual GDP in 81 of the last 170 years.
 
The life expectancy of the homeless in Britain is 47 years
The proprtion of women (shown as percentages) holding senior management posts in selected countries is: Thailand 45, Russia 36, New Zealand 32, Poland 31, Sweden 27, Turkey 25, Brazil 24, UK 23, Italy 22, Germany 11, the global average 20
In the USA state of Iowa, only 21% of Republicans believe in global warming and only 35% believe in evolution
 
 
 
                     
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