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Re: Typical Political Bureaucrats.
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Re: Typical Political Bureaucrats.
I will say this agains. Since the Tories came to power - they have BORROWED more money than Labour ever did.
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Re: Typical Political Bureaucrats.
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I don't suppose you'd care to back that up? |
Re: Typical Political Bureaucrats.
Actually he's right. The reason for it is that the Labour party created a structural deficit, that is, they fixed the budget so that every year, the country was spending more than it was earning and had to borrow to cover the difference.
The deficit is now so large that even if we balance current spending against tax receipts, we have to borrow more money to pay the interest on what Labour already borrowed. This is why the #TORYCUTZ are necessary. Personally, I think it takes a special kind of dumb to moan about cuts one minute, then moan about levels of government debt the next. |
Re: Typical Political Bureaucrats.
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Having to borrow to cover existing commitments and making it deliberate (and unsustainable) economic policy to spend/borrow far too much are of course not the same thing. Which is why it's always going to be Same Old Labour - red isn't 'their colour' by chance, it represents their total addiction to debt... Of course some sad deluded folks kid themselves that HMG can just spend, spend, spend to keep them in the style to which they've become accustomed. They often can't manage their own finances so it's no surprise they vote for a party which can't manage the nation's. |
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