create a situation where by peeps have some disposable income and they will dispose of it that is called demand............demand requires supply that creates jobs which generates more tax revenues which puts more liquidity in the ecconomy and you've got your self a positive cycle of ecconomics going instead of this negative cycle.........................problem solved
"heads off to No 11 Downing Street"
And when the oil runs out?
we'll have developed chicken shit fuel by then which will be much cheaper than oil
And when Avian flu arrives? ;-)
you a politician ??
No - a pessimist.
You know on a serious note we never used to have inflation it's a modern day scurge when i was a lad the only time inflation was mentioned was in connection with blowing up your bike tyres..............but thats progress for you :>)
The oil won't run out, the price mechanism will see to that.
When you say you never used to have inflation when you werre a lad...well in the early 1950s it was four times what it is now....
I was working on an IT project for the RICS, earlier this year.
They are all concerned about the lack of work, even the big companies like CB Richard Ellis and Countrywide plc are concerned. In the case of Countrywide, they have huge debts to pay off and it is a very bad time for them.
House prices may have not completely dropped, but there are less transactions and with the market, the way it is, there will be a lot more supply then demand - decreased prices.
Redrow (house builder) have axed a lot of staff too.