Wednesday, December 4, 2013

Public debt has risen 50% to gain 1.1% growth.

How Has The UK Economy Performed Since The Coalition Came To Power?

The latest infographic outlines the changes in the economy since the coalition government formed in 2010. In 2010, the Chancellor projected that the coalition would slash the structural budget deficit to zero by 2016. Three years on, net public debt has risen as a consequence of the government’s measures to reduce the deficit. While there is some hope in the figures - and we are sure they will be projected in nothing but glowing glorious ways, Brits are drawing down savings at record rates to cover soaring costs of living and the UK's debt-load is surging.

Posted by khards @ 09:19 PM (2103 views)
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3 thoughts on “Public debt has risen 50% to gain 1.1% growth.

  • khards,

    Savings…what’s that?

    Osborne wants to raise pensionable age to 70 in the Autumn statement. Will he succeed?

    He thinks of himself as a moderate…he really wants to abolish pensions completely…especially for the NHS and Post Office schemes.

    Tomorrow he’s unlikely to move away from Crony Capitalism, which is the one route which would benefit the UK as a whole.

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  • Osbourne of course does not need a Pension and does not understand that this is theft since folk paid into this scheme, or maybe, then again, possibly he is just another satanic psychopath?

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  • So it turns out that the Blair/Brown performance was better than the Condoms, who would have thought it?

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