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mertle · 03-04-2011, 10:17

http://www.guardian.co.uk/politics/2...res?CMP=twt_fd

Not looking good the torries want us to get into debt to help prevent private sector going down with public sector. To do it shift the debt of the government to ordinary people to increase debt there hold on mortgages/credit cards etc.

So in effect credit crunch 2.

So this what austerity policy come down to feel its admission they are failing.

Theyre scared we going into the big depression something like the 1930's we need to head it off. To do it by spending our way but they wont do it as it would be egg on there face.

Questions will be undoubtably raised was the cuts too deep too quick personally I think so.

03-04-2011, 10:17	#1
mertle Inactive Join Date: Feb 2004 Posts: 2,134	* News * Politics * Economic policy Ministers admit family debt burden i http://www.guardian.co.uk/politics/2...res?CMP=twt_fd Not looking good the torries want us to get into debt to help prevent private sector going down with public sector. To do it shift the debt of the government to ordinary people to increase debt there hold on mortgages/credit cards etc. So in effect credit crunch 2. So this what austerity policy come down to feel its admission they are failing. Theyre scared we going into the big depression something like the 1930's we need to head it off. To do it by spending our way but they wont do it as it would be egg on there face. Questions will be undoubtably raised was the cuts too deep too quick personally I think so.