Thread: 2015 UK General Election Thread
View Single Post
Old 12-04-2015, 22:10   #419
Dave42
cf.mega poster
 
Dave42's Avatar
 
Join Date: Jun 2010
Location: Jarrow Tyne & Wear
Services: 360 box
Posts: 5,872
Dave42 is cast in bronzeDave42 is cast in bronzeDave42 is cast in bronzeDave42 is cast in bronze
Dave42 is cast in bronzeDave42 is cast in bronzeDave42 is cast in bronzeDave42 is cast in bronzeDave42 is cast in bronzeDave42 is cast in bronzeDave42 is cast in bronzeDave42 is cast in bronzeDave42 is cast in bronzeDave42 is cast in bronzeDave42 is cast in bronzeDave42 is cast in bronzeDave42 is cast in bronzeDave42 is cast in bronzeDave42 is cast in bronze
Re: 2015 UK General Election Thread
Quote:
Originally Posted by nomadking View Post
If that is the case, why did debt start rising in 2001/02? Did the banking crisis start back then?
Labour increased the debt from £316bn in 2000/01 to £1,101bn in 2010/11. That's a trebling of debt.
Public sector borrowing was slightly less in 2013/14(98.5bn) than in 2008/09(100.8bn).
As the table I found says:-
and the tories DOUBLED the debt in 5 years despite all the cuts and the banking crisis made the debt much worse in 2007/08 that bankers fault no one elses so no labour didn't treble debt as banking crisis done most of it
Dave42 is offline