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spyguy

Uk - Ugly, Fat, Spotty Girl At The World Prom

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None of the parties are really taking the deficit seriously. Tories borrow £500Bn in 5 years and Ed Balls barely mentions it, and instead talks about minor borrowing issues. Tories continue to lie about "paying down the deficit" and the MSM including the BBC never call them out on it.

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It won't be their problem when it blows up, it will be ours.

They own property have fingers in other pies and jobs lined up in banks.

We are being stitched up again.

Don't hold sterling, you will wake up one morning having lost 50%.

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Hmmm

None of the parties are really taking the deficit seriously. Tories borrow £500Bn in 5 years and Ed Balls barely mentions it, and instead talks about minor borrowing issues. Tories continue to lie about "paying down the deficit" and the MSM including the BBC never call them out on it.

What is the problem? Quite simply, the key numbers are terrible. According to the OECD, after five years of 'austerity' the UK’s budget deficit is 5.3%, down from 11.2% in 2009. In other words, it has gone from being close to meltdown to a situation that is merely dreadful. Since the government is spending more than it earns, it is hardly surprising that it is borrowing more, and that the debt-to-GDP has risen from 68.95% in 2009 to 93.30% in 2013, again according to OECD figures.
Edited by long time lurking

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This from the Tory manifesto.

The document repeats George Osborne’s budget pledge for £30bn of spending cuts over the next two years, and warns that “failing to control our debt would be more than an economic failing; it would be a moral failing”.

Osborne spent £300bn more than forecast in 2010. So now we're expected to believe he's stricken with existential worry over £30bn in cuts i.e. three months of deficit spending at the current rate?

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None of the parties are really taking the deficit seriously. Tories borrow £500Bn in 5 years and Ed Balls barely mentions it, and instead talks about minor borrowing issues. Tories continue to lie about "paying down the deficit" and the MSM including the BBC never call them out on it.

Indeed, got leafletted the other day and they said they were paying back the deficit, total lie.

Usually they wat till after the election before revealing what was said before was a complete fabrication, now they are not even bothering to do that.

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