Steve, how would you feel if the Kings Fund dismissed your research and so on as 'stupidly simplistic'?
Here's a good paper on the NHS under Labour, http://sticerd.lse.ac.uk/dps/case/spcc/wp02.pdf
I really don't know why I am getting involved in this but . . .If you cite a paper published in 2011 it is clearly not going to cover activity after that date. I think that QE - in terms of the ongoing purchase of assets - has increased by £175bn since then. The most recent large purchase was in July 2012. I am basing this on the Bank of England's own figures.http://www.bankofengland.co.uk/monetarypolicy/Pages/qe/qe_faqs.aspxYou will note that the ongoing reinvestment of maturing assets - and potentially the maintenance of a £375bn portfolio - amounts to an ongoing policy of QE.
Don't be so hard on yourself Sloper. Some of your posts do actually cohere.
Quote from: mrjonathanr on January 19, 2015, 12:58:32 pmDon't be so hard on yourself Sloper. Some of your posts do actually cohere.The law of probability in action.
Childish and dishonest ad hominen distractions aside, I had high hopes for Bruce, but that article is depressing. Are we as citizens to bow down to a Bruce Almighty without challenge? I thought 5 year near impossible transformations were the realm of communist, regimes. Back on the detail does anyone seriously think moving consultants to see patients in GP surgeries is a good idea at the huge cost per hour we pay them and the time wasted in travel that cuts their ability to see others?
.... the sort of childish, tribal party political drivel you post makes sensible discussion .... more difficult.