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Economics is easy to understand

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Roy Mayall
Posts: 236
Joined: 10 Oct 2009, 16:46
Gender: Male

Economics is easy to understand

Post by Roy Mayall »

When I went to see the Rory Bremner show at the beginning of the 2010 election campaign, guest speaker Kelvin Mackenzie said a number of interesting things in his usual loud, avuncular manner. One of them was about economics.

“Economics is very complicated,” he shouted. “You have to be a genius to understand economics.”

This is not true. Economics is easy to understand. Wealth comes from human beings. It’s as simple as that...

Read more here: http://hubpages.com/hub/Economics-is-easy-to-understand
BELIAL
Posts: 6758
Joined: 15 Jun 2007, 17:33
Gender: Female
Location: Nowhere

Re: Economics is easy to understand

Post by BELIAL »

Yep,I agree. Puzzled me why Dave Nellist was always hated by other MP's , course with all we know now ,a workers MP who only took the average wage was never going to be to popular with his fellow MP's ,sort of makes them look a little tainted :chuckle
Bye
borders
Posts: 1303
Joined: 11 Sep 2007, 09:10

Re: Economics is easy to understand

Post by borders »

excellent article as always Roy. i tinkered with the idea of voting Lib Dem but having read up on them , they are just another Capitalist party. to vote for any of the 3 main parties is a vote for very similar policies with the odd difference here or there. they are all going to make the ordinary workers pay for the recklessness shown by our capitalist elite in running the economy.The huge overhang of debt means that whatever government is formed it must proceed to huge cuts in spending and therefore would come into conflict with the working class.
the worst outcome for me would be a tory victory. where i live they are making a concerted effort to win what is a Labour seat. any vote for a smaller party such as the Greens, i believe opens up the door for a Tory victory. i have this discussion with my union rep mate at work. can we change the labour Party from within and return them back to a truely working class party ? who knows but there is a body of people trying to make this happen- Labour Representation Committee . http://php.l-r-c.org.uk/" onclick="window.open(this.href);return false;
"why should it just be the bankers, politicians and the idle rich who get all the best things ? we demand a standard of living for our members that enables them to share in the fine wines and times that the likes of Cameron and his Eton buddies take for granted " - the late great Bob Crow RIP.