Quote:
Originally Posted by jfman
I'm perfectly calm. You are persistently using meaningless phrases and jargon (often incorrectly) implying that the Conservative Party are fiscally responsible and the Labour Party are not. This is in the complete absence of evidence.
We are running a budget deficit almost a decade after the coalition came to power. A defecit and the national debt at the highest it has ever been. It's an absolute parody of economic theory in action.
Austerity was simply an excuse to roll back the state. We are the fifth largest economy in the world yet we "can't afford" to do anything that private sector companies can extract profits from in the absence of genuine competition in the market. In the worst cases (TOCs) we privatise profits and subsidise the losses anyway.
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And their main rationale for having another go is to undo the last ten years of their handiwork