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TOPIC: Oh No He Won't!
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Re:Oh No He Won't! 4 Years, 6 Months ago
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The next hurdle is the Supreme Court's verdict on the proroguing of Parliament - which will start (being announced) at 10.30am today.
If the shutdown is deemed to have been for political reasons - parliament is likely to be immediately recalled.
And Boris will be on the first flight from NYC - with a General Election seeming inevitable.
Corbyn is simply being patient and pragmatic - in allowing the law to do the work for him, via the country's highest court.
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Re:Oh No He Won't! 4 Years, 6 Months ago
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Bookworm wrote:
I do worry about Labour leading into debt after years of austerity
Even though the Tories doubled the National Debt in less than 10 years.
Since they returned in 2010 - to nearly £2 trillion?
Unprecedented - in terms of growth rates and debt levels...
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Re:Oh No He Won't! 4 Years, 6 Months ago
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No government in history has increased our National Debt by as much as the Tories - between 2010 and 2019.
It is now twice as much (c£2 trillion), as it was in 2009. Did Labour borrow that money, when in opposition?
Google will graphically confirm this - and the very few times the Tories haven't had a budget deficit.
Compared to Labour governments' numerous surpluses - in recent years. Precipitating a reduction in our massive debt burden.
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Re:Oh No He Won't! 4 Years, 6 Months ago
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Fair enough Book.
But my stats/facts are correct - and not disputed by you.
Tories have borrowed a lot more than Labour governments, in the past.
Nothing close to the current regime; the figures are irrefutable and so easily verifiable.
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Re:Oh No He Won't! 4 Years, 6 Months ago
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'the answer, my friend, is blowin' in the wind'
As Bob Dylan first sang over 50 years ago
Even allowing for inflation though
No UK government in history has borrowed more than this one
In only 9 years
Budget surpluses are simply a thing of the past
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Re:Oh No He Won't! 4 Years, 6 Months ago
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Bookworm wrote:
Surely the point of where the money went is an important one?
Spending on healthcare education and social security, mainly - and a Tory inability to create a budget surplus, since the Thatcher days!
In other words, the Tories need to borrow to keep the UK working - and more every year. Blair/Brown generated several surpluses.
We pay a billion (£1,000,000,000) every month in interest on the Debt - and also need to fund a few items, like several multi-billion pound nuclear war ships.
Brexit isn't expected to be cheap either...
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