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TOPIC: By Elections
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Re:By Elections 7 Years, 1 Month ago
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OBR confirms today that our National Debt is £1,683 billion - so Brexit may be the least of our worries.
We are just borrowing more every month to pay our bills - a further £92 billion last month!
And the Debt is expected to 'deteriorate' further during the final two months of this financial year.
The Tories have now borrowed more, during their current innings, than ALL Labour governments in history - combined.
More austerity looms...
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Re:By Elections 7 Years, 1 Month ago
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Spee wrote:
OBR confirms today that our National Debt is £1,683 billion - so Brexit may be the least of our worries.
We are just borrowing more every month to pay our bills - a further £92 billion last month!
And the Debt is expected to 'deteriorate' further during the final two months of this financial year.
The Tories have now borrowed more, during their current innings, than ALL Labour governments in history - combined.
More austerity looms...
Yes - quite shocking just how much debt Labour left us with
(remember the note left by the Chief Secretary to the Treasury? "There's no money left" !)
Meanwhile ... Greece starves - www.express.co.uk/news/world/770016/Gree...U-IMF-Alexis-Tsipras
Remember also that the Greek Finance Minister - who brought all this about,
by encouraging the Greeks to refuse to pay - is now "advisor" to Loony-In-Chief Jeremy Fruitcake !
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Re:By Elections 7 Years, 1 Month ago
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The Debt that Labour left in 2010 was a small fraction of what it has grown to - getting close (fast) to 2 trillion.
If you are capable- Google it. Then you may (though unlikely) be able to make meaningful comparisons.
Soon the forthcoming budget will confirm the figures published everywhere - and believed, except in Derbyshire.
Contrary links/evidence from you would help your vague/historic assertions - though never available...
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In The Know (as always !)
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Re:By Elections 7 Years, 1 Month ago
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In The Know wrote:
Yes - quite shocking just how much debt Labour left us with
... but thats not all !
We were also left with all their uncosted spending plans ... and since we have been running a deficit ever since 2008 (meaning we spend more every month than we earn) we have had to continue to borrow more and more each month just to pay Labour's bills !
Just think how much it would have been without the cuts (helping to reign in the spending).
In the space of less than a month, McDonnell seems to have gone full circle.
Having through gritted teeth said he’s no deficit denier, and indicated Labour would vote in favour of the proposal, he’s back to where he started, unbound by any fiscal rule that makes any kind of sense. - from "Labour's approach to the economy has descended into an on the hoof shambles" - www.telegraph.co.uk/finance/11930065/Lab...e-hoof-shambles.html
Click the link above and you can see the debt that Labour left us with going up by the second !
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In The Know (HUGE Corbyn fan lol !)
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Re:By Elections 7 Years, 1 Month ago
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Jeremy Fruitcake is set to become the first official opposition leader to lose a by-election to the Government in 35 years,
according to the Labour Party’s own canvass returns. www.telegraph.co.uk/news/2017/01/20/excl...tion-partys-canvass/
The Telegraph understands internal analysis of more than 10,000 conversations with voters in Copeland, the Cumbrian constituency, shows Labour’s support down by a third since 2015.
A senior Labour source said Mr Corbyn’s “incompetence†as a political leader is coming up repeatedly on the doorstep when discussing voting intention.
The returns suggest that the Tories will take Copeland – a seat held by Labour for 80 years – when voters pick their new MP next month.
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In The Know (as always !)
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Re:By Elections 7 Years, 1 Month ago
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Commies come to Fruitcake's aid in Stoke By Election !
Vladimir Putin has been told by the UK Independence Party to keep out of the Stoke by-election
after usually pro-Russian Twitter accounts started to target the party and its leader Paul Nuttall.
The Russian President - who has been accused by the White House of trying to influence the US
Presidential elections - was given the warning after dozens of Twitter accounts, which are usually
the source of pro-Russian messages, started publishing critical tweets about Ukip ahead of
tomorrow’s Stoke on Trent Central by-election.
The BBC reported how the Twitter accounts were publishing Russian propaganda until a few days ago
and now had switched to pro-Labour – and pro-Jeremy Corbyn - and anti-Ukip comments.
www.telegraph.co.uk/news/2017/02/21/vlad...ia-twitter-accounts/
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Re:By Elections 7 Years, 1 Month ago
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Our National Debt was about 50% (of GDP) from 1980 to 2015 - when it hit 90%
Not encouraging for the UK which hasn't posted a Budget surplus since the days of Tony Blair
And evidencing - inter alia - that our tax revenues have been long insufficient to cover our outgoings.
Largely because of the c£50 billion we have to pay, annually, on the Debt.
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ITK aka Professor Higgins
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Re:By Elections 7 Years, 1 Month ago
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Spee wrote:
that our tax revenues have been long insufficient to cover our outgoings.
Largely because of the c£50 billion we have to pay, annually, on the Debt.
My God !
I think he's got it !
(only took about 2 years !)
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