.. 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

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.....

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.

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.