election is nearly upon us 50 billion pound increase in taxation 25 billion pound borrowing to improve infrastructure all costed as according to labour. opponents have argued otherwise but i do wonder, considering brexit a legitimate question jeremy corbyn has said we must honour our financial commitments to the eu 100 billion euros about 90 million pounds roughly? 165 billion pound spending plan... is this costed? should i ask dianne abott?
So did we not have a refundable deposit? It's all crap! 90million.. should be chicken feed tbh, I'm sure they have stocks somewhere, ask David Cameron .. doesn't he owe the UK money? Along with his other bunch of thieves they seem to have forgotten about.. Oh and, make sure if the cons get booted, they get their state pensions at the correct age..
Its 90 Billion pounds they want and No we dont owe it to them But Corbyn wants to pay it to get an easy Brexit Dianne Abbot cant count past ten ( Twenty if she takes her shoes off )
The Uk is already in debt to the tune of over 1.8 trillion, 89.1% of GDP. In 2008 it was 0.5 trillion. It went over the trillion mark in 2011. And the tories say they're economically competent.........'paying down the debt' - tell me another one do......
The Bank of England did nearly 500 billion of quantitative easing since the last crash. Yet May patronizes the British public with elementary school type rhetoric like "There's no magic money tree". Well there obviously is for wealthy financiers. Just imagine if this money had gone into public services and industry rather than being handed carte Blanche to the banks.
So where did this debt come from? Do we not pay enough tax in this country? Wonder how much could be saved by getting rid of hangers on? People who really don't need the big wages they get! The stupid system at the dwp, put people behind the desks again! Do we really need managers in hospitals again, give it back to the workers, nurses need the spirit back.. hospitals were a lot cleaner then too.. mrsa! Put the work back to the workers, let's not import any more than we need, let's get back the great in Britain!
They would argue I suppose that banks are a special case - mainly because they don't want to see their investment portfolios reduced to nil. 'Too big to fail' & 'too big to jail'. Even with all the QE though, and austerity, which was about 'paying down the debt' (the budget deficit really - a figure they conjure out of thin air, but never mind that) they've still managed to double the debt. And that's only what the government owe. If you were to add in personal debt the 1.8 trillion would more than double, meaning collectively we owe well above an entire years GDP.
They say there are now more people in work than ever before. How long that will go on is a matter for conjecture. It's possible that Brexit will lead to a big rise in unemployment, and a bonanza for the financial institutions. With 40% of our export market gone and no realistic new deals in sight, it's anyone's guess. One thing you can rely on though. When the financial going gets rough, the poor, and I mean those in a work as well as out, will be the ones to pay. As for May and her banking chums, it'll just be more champagne......
I said it's anyone's guess. Don't see how I could be clearer than that. Time will tell, but to judge from the past record of incompetence from all our political parties, I doubt it's going to be that great. Let's hope they make a better job of it than paying down the debt anyway.
Do you actually know what they include as in employment? I know more people in employment by the dwp than by work themselves I know women my age, who charge their children to take the grandkids to school and do a bit of house work, then the dwp give them housing benefit and tax credits, but they are employed! Blokes doing gardening for the neighbours, same thing. Wondered why there are so many charity shops popping up? People on job seekers HAVE to work in there, or their job seekers is stopped. There are factories being run by millionaire shop owners, using job seekers sewing and stuffing cushions, sold in pound shops, they get an extra 5pound a week on top of their benefits. Nice little earner for the government. That's only part of it, that's why you can't believe the government's figures.
Well its tomorrow and the only thing I know about all this is (That Whoever gets in power) The only person going to look after any of you is yourself ! If you chose not to then you only have Yourself to blame
I did say 'they say' there are more people in work, not 'there are' more people in work. Personally I don't believe it. It's like you say, people 'working' for pin money doing their relatives gardens and so on. Since I have worked with statistics in the past, I never believe the governments figures unless they are independently verifiable. Nothing easier then to manipulate stats, and they are past masters at the game.
fair point. however, the circumstances were quite unique. the notion "too big to fail" became synonymous with the period. plus everyone must take responsibility. 1. banks should have been regulated 2. it was a labour government 3. government policy loosened on the banks. 4. if it had been spend on public services and industry, gdp may have stalled. the banks have commitments to those who place money in the bank! if people don't spend, and gdp falls, stagflation would likely be the result. this would result in economic issues (importing etc.) 5. ultimately, nobody asked the public to take on loans, mortgages and other kinds of credit they couldn't afford. nobody put a gun to their head. to insist it was purely the bankers fault is silly. the complexity of the crisis of the time was massive, but it is fairly safe to say it was a combination of banker greed, political point scoring and public stupidity