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spikedagain

Listed below are comments made by spikedagain between Friday, 19th December 2008 and Thursday, 8th January 2009.

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Does the Bank Rate matter? 12:46pm on 08 Jan 2009 This seems to be just about the only place to get a realistic view of what's going on in our economy today.

There must be some way we can get the Treasury and the BoE to read some "Peston-omics" before they waste more of our money on futile moves such as VAT and interest rate cuts.

Our big economic thinkers don't seem to realise that this new economic disease needs to be met with a new economic treatment. This is not the time for a repeat prescription. It's one of the rare instances where doing what you've always done is NOT going to get you what you've always got.
Driving to a greener future 12:26pm on 19 Dec 2008 The reason car makers are wary of the extra cost is that hybrid technology makes most sense in cities where the vehicle is continually stopping and starting. The fuel efficiency benefits drop off rapidly for out of town drivers covering longer distances.

So while someone that drives in the city a lot might think it's worth spending an extra £2000 or so for hybrid technology, those that drive mostly on motorways out of the city won't.

Car makers have to cater for both but, unfortunately, experience suggests that buyers are swayed more by short term price savings rather than long term economies.

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