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[b]In The Know wrote:[/b]
[quote][b]veritas wrote:[/b]
[quote]yes may have it right to avoid large interest rates [/quote]

...ooohh ! veritas admits that he is wrong !!!!!

[quote]BUT..attacking the wrong target because it's the easy target and the tabloids have softened up people for the attacks.....those at the bottom of the heap..welfare mums, disabled, sleeping unemployed etc etc.[/quote]

Former Archbishop of Canterbury Lord Carey has thrown his weight behind the Government's plans to introduce a &pound;26,000 benefits cap.
Writing in the Daily Mail, the cleric argued that [b]the current welfare system is rewarding "fecklessness and irresponsibility[/b]".

He criticised opponents of the annual benefits limit and said the scale of Britain's public debt - which hit &pound;1trn this week - was [b]the "greatest moral scandal" facing the country[/b].

"If we can't get the deficit under control and begin paying back this debt, we will be mortgaging the future of our children and grandchildren," he said.

"In order to do this, we desperately need to reform our welfare system".

from - http://news.sky.com/home/politics/article/16155999[/quote]

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Topic History of: Aren't the Coalition doing well ?
Max. showing the last 5 posts - (Last post first)

Author	Message
FromEspana	In The Know wrote: veritas wrote: ITK ...your 'looney Labour' ..... I'm not sure they can be blamed for Spain's woes. from Wikipedia - New records were set at the elections. The ruling Spanish Socialist Workers' Party under Alfredo Pérez Rubalcaba was badly punished at the polls, winning only 110 seats and 28.8% of the share, their worst result in a Spanish general election since transition to democracy. Rubalcaba's party's poor performance came as a result of Spain's high unemployment rate, the highest in the European Union, as well as previous PM José Luis Rodríguez Zapatero's government's handling of the economic situation after the severe financial crisis that had been affecting the country since 2008. en.wikipedia.org/wiki/Spanish_general_election,_2011 Spain is paying the price of being in the EU! Get out,set its own currency at a low level,they would do a lot better.
In The Know	... and France's VAT rate rises to 21% today !
In The Know	veritas wrote: ITK ...your 'looney Labour' ..... I'm not sure they can be blamed for Spain's woes. from Wikipedia - New records were set at the elections. The ruling Spanish Socialist Workers' Party under Alfredo Pérez Rubalcaba was badly punished at the polls, winning only 110 seats and 28.8% of the share, their worst result in a Spanish general election since transition to democracy. Rubalcaba's party's poor performance came as a result of Spain's high unemployment rate, the highest in the European Union, as well as previous PM José Luis Rodríguez Zapatero's government's handling of the economic situation after the severe financial crisis that had been affecting the country since 2008. en.wikipedia.org/wiki/Spanish_general_election,_2011
In The Know	Innocent Accused wrote: Spain has a Conservative government. it has now !!!!! Labour (called the Spanish Socialist Workers Party !) were kicked out in Nov 2011 suffering their biggest election loss since Spain became a democracy (achieving only 28.8% of the vote)! Just like here ... the Conservative government now has to put the damage right.
In The Know	But DJones .... You have to start from where you are ! You cannot abandon a plan entirely and do something else - you have to adapt / change existing plans etc. Thats what Osbourne is doing. If he were not reducing the deficit ... How come last months borrowings were £2 BILLION below the same month last year (and £2 Billion below forecast) ? How come, also that the IMF / Poor & Moodys etc have left us with out AAA credit rating - whereas everyone else has been reduced and now have to pay MORE to borrow (and need to borrow MORE anyway) ?