ECCOnoob Posted May 4, 2011 Share Posted May 4, 2011 Yet for all the hot air coming out of the labour supporters, we're still waiting for Red Ed to tell us what he'd do to cut the deficit. Is he waiting for Bob Crow and his union paymasters to tell him what his policies will be? Like it. Sounds like a baddie from a bond film or something. Link to comment Share on other sites More sharing options...
mossdog Posted May 5, 2011 Share Posted May 5, 2011 Yet for all the hot air coming out of the labour supporters, we're still waiting for Red Ed to tell us what he'd do to cut the deficit. Is he waiting for Bob Crow and his union paymasters to tell him what his policies will be?Milliboy has no idea how to cut the deficit,that's why he's been told to keep quite.The only thing the Labour party has ever done for Britain is cripple it with state dependents and produce a nation of lame ducks. How to pay for all this dependency?..........................not a clue! Link to comment Share on other sites More sharing options...
andikay Posted May 5, 2011 Share Posted May 5, 2011 Such as? You haven't provided any evidence. Everyone knows Labour have to spend heavily after the Tories because money makes the world go round; tories just run the entire economy into the ground time after time by making stupid cuts that only hurt the economy and the public. Like I mentioned earlier, people have said governments don't make a profit, therefore the make a loss and since we always make a loss the money will be never paid back so there's no point in arguing. They are not paying the money back they are slowing the rate at which we borrow it, because if we keep borrow at the rates we were then the interest on the debt will be more than the tax revenue. It’s the interest on the debt that is the problem. If you earn £10,000 and borrow £10,000 you will have enough money to pay the interest. If you borrow £1,000,000 your income will not be enough to pay the interest, and you can’t borrow money just to pay the interest on the money you have already borrowed. Link to comment Share on other sites More sharing options...
Mecky Posted May 5, 2011 Share Posted May 5, 2011 They are not paying the money back they are slowing the rate at which we borrow it, because if we keep borrow at the rates we were then the interest on the debt will be more than the tax revenue. It’s the interest on the debt that is the problem. If you earn £10,000 and borrow £10,000 you will have enough money to pay the interest. If you borrow £1,000,000 your income will not be enough to pay the interest, and you can’t borrow money just to pay the interest on the money you have already borrowed. Doesn't matter if you're not going to pay it back does it. In for a penny in for a pound. Link to comment Share on other sites More sharing options...
Mecky Posted May 5, 2011 Share Posted May 5, 2011 Shall we start with BSF? There are loads of posts from me with firm proof, facts and figures if you search. Then shall we look at the spiralling cost of the ID cards? Then how about a look at Labour paying for upgrading things which were privately owned - like £39 million to refurbish Blackpool Tower? http://hspca.wordpress.com/2010/07/10/camden-conservatives-support-local-schools-facing-bsf-cuts/ http://news.bbc.co.uk/1/hi/uk_politics/4093583.stm I could go on, the list is endless, but you're arguing for the sake of it rather than having anything worthwhile to say. Link to comment Share on other sites More sharing options...
alchresearch Posted May 5, 2011 Share Posted May 5, 2011 http://hspca.wordpress.com/2010/07/10/camden-conservatives-support-local-schools-facing-bsf-cuts/ http://news.bbc.co.uk/1/hi/uk_politics/4093583.stm I could go on, the list is endless, but you're arguing for the sake of it rather than having anything worthwhile to say. Is that the best you can do - a 7 year old news link? Things changed since both those things were posted and stances were changed when it was clear that things were wrong. Unlike Labour who blindly carried on and paid out with all their failed projects. Maybe if you didn't put your head in the sand you'd see that the things said are worthwhile. Link to comment Share on other sites More sharing options...
andikay Posted May 5, 2011 Share Posted May 5, 2011 Doesn't matter if you're not going to pay it back does it. In for a penny in for a pound. It matters when you can no longer afford to pay the interest on the debt. It matter when you are spending money on interest instead of doctors, nurses, teachers, schools, hospitals, ect. It matter when tax’s have to rise to pay the interest on the debt. Link to comment Share on other sites More sharing options...
Happ Hazzard Posted May 5, 2011 Share Posted May 5, 2011 Labour are finished in this country regardless. There isn't any more money to spend even if they do get back in at some point, so the idiots who vote for them will be disappointed. People will have to (gasp!) WORK if they want money in their pocket and food on the table. I know that's a forgotten concept to a lot of people. Link to comment Share on other sites More sharing options...
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