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Old 24-09-2013, 11:00   #14
Chris
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Re: UK to be bankrupt by 2014

Quote:
Originally Posted by tizmeinnit View Post
Will not be long before the Tories lovers come and deny all this
Err .. Have you actually watched it? It spends most of the first 10 minutes laying into the welfare state and, quite correctly, pointing out that the "Tory cuts" of the last 3 years have actually been nothing of the sort. By 20 minutes in, it's quoting Douglas Carswell, an MP from the right of the Tory party, to illustrate just how badly out of control government spending has become over the last 30 years.

If Money Week's prescription for fixing the national debt was followed by any of our parties, Cable Forum couldn't contain all the threads moaning about welfare cuts.

---------- Post added at 11:00 ---------- Previous post was at 10:56 ----------

Quote:
Originally Posted by tizmeinnit View Post

Well this makes it look to me like the Tories have about stripped said tree and in fact are spending more than Labour
Yes. Rather a lot of that is interest payments on debts run up by Labour. The rest is due to our STRUCTURAL DEFICIT. You do know what one of those is, don't you? It's just that the way you're on here every day moaning about Tory Cuts, anyone would think you don't believe there's actually much of a problem.
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