bladesufc1 Posted October 5, 2011 Share Posted October 5, 2011 Can you read? If you can't there is a coloured picture for you.. http://news.bbc.co.uk/2/hi/8479639.stm Labour piddled away all the money and all the growth. When we start approoaching that debacle again, come back and complain. that's funny, as the Condems are actually spending MORE money than labour did, despite all the so called cut backs! work that 1 out if you can Link to comment Share on other sites More sharing options...
azazel666 Posted October 5, 2011 Share Posted October 5, 2011 that's funny, as the Condems are actually spending MORE money than labour did, despite all the so called cut backs! work that 1 out if you can Is there any way or place we can see where the money is going? Serious question. Link to comment Share on other sites More sharing options...
Obelix Posted October 5, 2011 Share Posted October 5, 2011 Well the increase in VAT would be one thing I'd immediatly think of. Link to comment Share on other sites More sharing options...
WeX Posted October 5, 2011 Share Posted October 5, 2011 No they didn't they spent the money bailing the Cons friends the bankers out, as you well know (even of you are from l***s!) Im sorry but this is utter BS. The bailout of the banks was conducted by Labour and was only a tiny proportion of the deficit that Labour stacked up on wasteful projects up and down the country. Whether you like it or not, our economy is tied to both the US and the EU and both are suffering, although there is one glimmer of hope. Our credit rating s no longer in danger of being downgraded thanks to the governments austerity measures, so we can pay our way out of the hole Labour left us in. Link to comment Share on other sites More sharing options...
mj.scuba Posted October 5, 2011 Share Posted October 5, 2011 Let me try to make it easy for you, when Labour left office the economy was growing at a rate of 0.6% pa, since then the rate of growth has fallen in every quarter since the ConDems have been in power, to such a level (now 0.1%) that we are standing on the brink of recession. You said we were heading back into recession before the Eurozone crisis. The Eurozone (along with the EU and IMF) had to bailout Greece with a rescue package in May 2010, so we were heading back into recession before May 2010, according to you. Link to comment Share on other sites More sharing options...
WeX Posted October 5, 2011 Share Posted October 5, 2011 You said we were heading back into recession before the Eurozone crisis. The Eurozone (along with the EU and IMF) had to bailout Greece with a rescue package in May 2010, so we were heading back into recession before May 2010, according to you. Wednesday1's powers of clairvoyance are very much over stated. The government was going to fall within 6 months of May 2010 according to him. Link to comment Share on other sites More sharing options...
love_rat Posted October 5, 2011 Share Posted October 5, 2011 Why are you congratulating him? Link to comment Share on other sites More sharing options...
wednesday1 Posted October 5, 2011 Author Share Posted October 5, 2011 Im sorry but this is utter BS. The bailout of the banks was conducted by Labour and was only a tiny proportion of the deficit that Labour stacked up on wasteful projects up and down the country. Whether you like it or not, our economy is tied to both the US and the EU and both are suffering, although there is one glimmer of hope. Our credit rating s no longer in danger of being downgraded thanks to the governments austerity measures, so we can pay our way out of the hole Labour left us in. Your feeble grasp on reality is showing! We were heading back to recession BEFORE the Euro zone crisis, thanks to the ConDems over zealous spending cut's, despite many economists warning Osborne of the consequences. Link to comment Share on other sites More sharing options...
speedbirdone Posted October 5, 2011 Share Posted October 5, 2011 Didn't the Euro Zone crisis start before May 2010 ? Link to comment Share on other sites More sharing options...
BoroB Posted October 5, 2011 Share Posted October 5, 2011 No they didn't they spent the money bailing the Cons friends the bankers out, as you well know (even of you are from l***s!) Just as an aside Wednesday 1 - do you have a bank account? Link to comment Share on other sites More sharing options...
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