Quote:
Originally Posted by Mr K
George promised to get rid of the national debt by the end of his first parliament. Not only did he massively fail but , despite all the pain, it's continued to rise to £1.53 trillion! Just as well he's not on performance related pay.
http://www.ukpublicspending.co.uk/uk...ebt_chart.html
We had the hint of a recovery but his 'medicine' has killed it. Things are looking very gloomy again. How he and his Govt. got re-elected continues to amaze me. |
errr no he didn't
I don't know if that is ignorance on your part or a lie
He promised to get rid of the deficit ... that is how much we have to borrow every year just to pay the bills .. and whilst he hasn't got rid of it he has reduced it year on year
Conflating it with the national debt is dishonest and designed to inflame those who don't realise the difference.
So just to recap ... until the deficit is gone the debt will keep on rising... the deficit was inherited after the crash ... The deficit is being reduced not as fast as promised but it is being reduced despite global economic turmoil