... I meant to add that, there is therefore no urgency to 'pay back this 'Covid' loan.
(There was a knock at the door and I pressed "post message" before answering it!)
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I’m not very happy about HS2 as it is so destructive to the environment especially ancient woodland.
However, the cross Pennine route is very important to link those east and west of the Pennine’s. It certainly doesn’t do anything to help Newcastle, Tyne Tees to link up to anywhere. As a southerner living in far northeast it would be great to have good road and rail links to the rest of England and also to Edinburgh and Scotland. No wonder the Scots get so cross with the Westminster government.
Most of our taxes seem to be spent on activities in the southeast, leaving the rest of the country out on a limb. No wonder the Redwall Tories are spitting feathers. I am too.
... I meant to add that, there is therefore no urgency to 'pay back this 'Covid' loan.
(There was a knock at the door and I pressed "post message" before answering it!)
Dickens
... I meant to add that, there is therefore no urgency to 'pay back this 'Covid' loan.
(There was a knock at the door and I pressed "post message" before answering it!)
I hope you have better luck than I have ever had in convincing posters of the truth of your explanation.
The extraordinary thing is that when you directly ask posters who mention it, who we 'owe' the covid money too, they never attempt to answer.. 
When HS2 was first announced Mr B and I both said, they will start at the London end and then not complete it citing lack of money. So once again another Tory pledge broken and the people in the North let down.
Devongirls, I have a particular interest in the Dawlish railway line, as my son explains the issues with the Victorian structure to me when he works on it as a geological engineer. It is complicated.
The Okehampton to Plymouth route would make far more sense to me too. Fingers crossed.
Thank you for your simple explanation Dickens, the words "new money, lent on a permanent basis" is what I needed to know.
Thank you Dickens and MaizieD. What I can’t get my head around is why then doesn’t the government (whichever shade) just print off so much money that we can just have whatever we want? A better NHS. Nuclear power. Employ more Border Force officials. Ditto doctors, nurses and build more hospitals? If it’s all ‘free’ stuff.
Is it a fine balance between borrowing (printing) money and inflation?
And why did Maggie Thatcher insist on keeping a tight rein on our budget at the time. Then stupid Cameron & Osbourne going for austerity measures when, obviously, they will know what you two do. Hmm.
Lesson number 2 please.
Finally (sorry) if it’s straightforward why do two economists never agree on the best way forward? Is the economy subject to several variables?
Yes I have, Chestnut and you are right, it's scary. It''s a wonderful line but we desperately need an alternative don't we.
It's an interesting history, Josianne, how great to have your son explaining it. I remember learning about Brunel and his engineering works.
MaizieD
Dickens
... I meant to add that, there is therefore no urgency to 'pay back this 'Covid' loan.
(There was a knock at the door and I pressed "post message" before answering it!)I hope you have better luck than I have ever had in convincing posters of the truth of your explanation.
The extraordinary thing is that when you directly ask posters who mention it, who we 'owe' the covid money too, they never attempt to answer..
I think one of the problems is understanding 'debt'... which is usually thought of as inherently bad - on a personal level.
But on a national level, creating debt to invest in the future, can bring huge returns. I equate it, on a personal level, to going into debt to further your education which will enable you to have a secure financial future. Given the chance, who wouldn't!
Just about to go for a 3 hr walk! Hope Dickens will be back to help you Ug.
I find all this talk of "The North" very strange. In my mind the north is anywhere above Fort William, Aviemore, or the Moray Firth. The Far North is John O Groats, Cape Wrath and Orkney and Shetland . I note that none of the developments proposed by this Anglo/London Centric Government (including the promised Carbon Capture plant) will be sited 'north of the border'. and even the attempts to woo the redwall voters in the north of England are pathetic.
The North begins at Watford Gap, G23!!
DD2 lives in Hemel Hempstead but grew up in Leics. She is astounded by how many people are convinced she comes from 'up North' and are rather vague about where the Midlands are.
Urmstongran
Thank you Dickens and MaizieD. What I can’t get my head around is why then doesn’t the government (whichever shade) just print off so much money that we can just have whatever we want? A better NHS. Nuclear power. Employ more Border Force officials. Ditto doctors, nurses and build more hospitals? If it’s all ‘free’ stuff.
Is it a fine balance between borrowing (printing) money and inflation?
And why did Maggie Thatcher insist on keeping a tight rein on our budget at the time. Then stupid Cameron & Osbourne going for austerity measures when, obviously, they will know what you two do. Hmm.
Lesson number 2 please.
Finally (sorry) if it’s straightforward why do two economists never agree on the best way forward? Is the economy subject to several variables?
Is it a fine balance between borrowing (printing) money and inflation?
You nailed it... in a word, yes! Certainly affecting house prices, as well as goods and services. Because there is no 'free lunch'.
New money is created every month by the BoE. The big nobs (as opposed to knobs) known as the “Monetary Policy Committee” sit down and discuss how much money to create.
BTW, both Cameron and Osborne have now both 'acknowledged' that Austerity was a 'political' choice. Which would rather imply that it was not economically necessary.
For bad train services mid Wales is the place to be. My nearest train station is over 20 miles away. We can get to Manchester easily, but to get trains to London, Birmingham, and anywhere in the East of the country you have to change 40 miles away in Newport. Further into mid Wales the service is much worse again. We should be the ones with subsidised petrol as there are no alternatives to get around, instead of which because it’s rural it’s more expensive - very similar to Cornwall I imagine.
Casdon I have north and mid Welsh ancestors so have been aware of the lines which were closed down, especially the Ruabon to Barmouth line. Heartbreaking to lose those vital connections in rural areas as people relied on them. The least they can do is provide top class excellent bus services but I don't think that has happened.
Here is a map of the Beeching cuts. If only they had left those lines instead of tearing them up......
It's tragic the way the railways have been neglected over the years. Instead we have HGVs on the motorways carrying goods around which isn't good for the environment when trains could do it more efficiently.
We would not use our cars as much if we had better railway links. I much prefer to travel by train than drive.
Do I get a shiny ⭐️ badge Dickens?
?
What puzzles me is how, if upgrading is so much better and faster and quicker than new lines, as we are now being told, the eastern HS2 route ever became policy?
It's surely disingenuous to argue that this was not a promise made by the Prime Minister. He picked up a ball that he thought might be useful, ran a little way with it shouting loudly, then kicked it into the long grass .
And of course HS2 isn't all or mainly about a few minutes more or less on certain trains journeys. It's about connectivity, another favourite govt mantra until it proved inconvenient.
I wonder whether any of those protesting about HS2 cutting through countryside and going too close to villages ever travel by Eurostar? That would indeed be double standards. Beautiful Kent was ripped apart to create Eurostar, and IMO it ill behoves those who enjoy its advantages to complain about similar advantages for the north.
Granny23
I find all this talk of "The North" very strange. In my mind the north is anywhere above Fort William, Aviemore, or the Moray Firth. The Far North is John O Groats, Cape Wrath and Orkney and Shetland . I note that none of the developments proposed by this Anglo/London Centric Government (including the promised Carbon Capture plant) will be sited 'north of the border'. and even the attempts to woo the redwall voters in the north of England are pathetic.
I agree with you. If you see from my original post I did include Scotland. As other posters have made quite clear all the improvements to anything seem to be in the southeast of Britain with the exceptions of Bristol who are having a new railway station because the Ministry of Defence is close by and Birmingham who have a new central station because of HS2.
In my mind HS2 is a vanity project and little use to the vast majority of people. Just another grandiose scheme and a waste of money.
In my mind HS2 is a vanity project and little use to the vast majority of people. Just another grandiose scheme and a waste of money.
I agree, and up until now so did most people. There were a lot of complaints about it and that the money would be better spent on other neglected lines. Now suddenly everyone is moaning about it being scrapped, at least they are on the TV news. They need to look carefully at ALL areas to see what lines need upgrading or building, not just the north. I'm thinking of Wales and the south west here.
What is the north? I see Birmingham as being central so personally would consider that as a starting point. The Midlands is the central region and anything north of that is 'north'.
I don't consider Scotland as 'the north' because it's another country. It has its own north, south, east and west.
Chestnut
^In my mind HS2 is a vanity project and little use to the vast majority of people. Just another grandiose scheme and a waste of money.^
I agree, and up until now so did most people. There were a lot of complaints about it and that the money would be better spent on other neglected lines. Now suddenly everyone is moaning about it being scrapped, at least they are on the TV news. They need to look carefully at ALL areas to see what lines need upgrading or building, not just the north. I'm thinking of Wales and the south west here.
It isn't the eastern branch of HS2 which has been scrapped but the plans to connect Leeds with Manchester via Bradford, under the wider Northern Powerhouse Rail scheme.
The population of the whole Liverpool/Manchester/Leeds conurbation is many times higher than Wales or Cornwall.
PS. I think the Tyne/Tees area needs better rail connectivity too.
Ooops! I meant to write "it isn't only the eastern branch ..."
That’s okay then growstuff, we know we aren’t important in Wales and Cornwall, our populations are too small. Seriously?
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