Quote:
Originally Posted by denphone
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The Guardian article prints Javid's response on the Conservative spending plans:
Javid says what comes in in taxes will match the day-to-day spending. We may borrow £20bn to fund capital investments “but we can afford to do that”.
The detail of that will be set out in the manifesto, so this nonsense has been blown up out of proportion. We all know that it is Labour's spending plans that are the ones to watch. Labour cannot be trusted on the economy, and with Corbyn and McDonnell in charge they will oversee spending like nobody has seen before.
I wonder if McDonnell has taken possession of his new money printing machine yet...

---------- Post added at 10:58 ---------- Previous post was at 10:53 ----------
Quote:
Originally Posted by jfman
While the sums won't add up for their manifesto we can comfortably say they will spend less as they continue to roll back the purpose and function of the state. The relentless attack on the poor will continue, the benefits freeze resume, working terms and conditions reduce. Inequality will rise, food bank use continue to rocket, the fifth richest country in the world will continue to claim it "can't afford" to do otherwise.
What little remaining state assets that can have profit extracted from them will be privatised. The NHS falling prey to US venture capitalists and insurance companies.
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Given what you said about Labour's plans, I really need to point out that using the same logic, what you have said cannot possibly be true, because it's not in their manifesto.
As it happens, it isn't true anyway.