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Topic History of: Labour (finally) have an idea ..... !
Max. showing the last 5 posts - (Last post first)
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Pattaya |
There you go again,posting without due regard to historical facts.
Both Maggie and Major raised the national debt,why do you single out Labour? Especially as George is making such a mess of austerity even the head of the IMF is warning he will need to inflate the economy. |
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hedda |
In The Know wrote:
.. but, its NOT a new one !
BORROW ! BORROW ! BORROW !
SPEND ! SPEND ! SPEND !
DEBT ! DEBT ! DEBT !
www.independent.co.uk/voices/editorials/...in-2015-8578506.html
you are right there..bankers and business persons do it every day, nay even ordinary workers do it to buy houses.
it's called Capitalism. |
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Ben 9 |
In 2010, when the Conservatives came to power, the total UK Goverment Debt was $.76T.
Now in 2013, it is $1.16T - $1, 160, 000, 000, 000.
An increase of $400, 000, 000, 000, representing $100B a year!
These figures are widely available on a variety on websites (Goverment and others) - and show both that the idea is shared and the cabinet (over two thirds of whom are worth $2M+ each) need no lessons in borrowing.....
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In The Know |
.. but, its NOT a new one !
BORROW ! BORROW ! BORROW !
SPEND ! SPEND ! SPEND !
DEBT ! DEBT ! DEBT !
www.independent.co.uk/voices/editorials/...in-2015-8578506.html |
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