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Osbourne's Excuses


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Just over a year ago Giddeon Osbourne declared that the economy was back on track after announcing a 0.8% increase in GDP. He seemed perfectly happy to take the credit for this 'good' news,

 

"What you see today, in an uncertain global economic environment, is Britain growing, growing strongly, the strongest growth we have seen in this part of the year for a decade, and also our country's credit rating being secured. That is a big vote of confidence in the UK, and a vote of confidence in the coalition government's economic policies."

 

Since then, however, things haven't been so good, and we now appear to be entering another recession according to latest figures.

 

Of course George won't be putting his hands up to claim responsibility for this - he's only responsible for the good news!! Instead he will roll out some more of his pathetic excuses.

 

Over the past year he has blamed all of the following for Britain's failing economy

 

- The snow

- The Royal Wedding

- The Labour Party / Gordon Brown

- The Lib Dems

- The trade unions

- The banks

and more...

 

Later today we can expect him to blame the Euro crisis and maybe that hot weekend we had in October. Yeah that'll do eh Giddeon??

 

So how is it that when its good news, its proof that Giddeon is right, but when its bad news its EVERYONE else's fault??

 

Maybe we should help him out -anyone got any ideas for ludicrous excuses that he might be able to use later on?

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Maybe we should help him out -anyone got any ideas for ludicrous excuses that he might be able to use later on?

 

"An older boy told me to do it"

 

"People aren't pulling together.....those pesky librarians and school crossing patrols are holding the recovery back"

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I'm the first to admit that I'm a bit thick when it comes to politics and the economy, so can some of you more enlightened minds explain how this works:

 

The Treasury hopes two-thirds of the £30bn earmarked for infrastructure schemes will come from the National Association of Pension Funds and the Pension Protection Fund. Separately it is also seeking more investment in infrastructure from insurance companies and from China.

 

Chancellor George Osborne said: "We are finding the resources in difficult times to build the railways, to build the roads. Britain's got to get away from the quick-fix debt solutions that got us into this mess.

 

If George is getting away from 'debt solutions', how exactly do these investors see a return?

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Just over a year ago Giddeon Osbourne declared that the economy was back on track after announcing a 0.8% increase in GDP. He seemed perfectly happy to take the credit for this 'good' news,

 

"What you see today, in an uncertain global economic environment, is Britain growing, growing strongly, the strongest growth we have seen in this part of the year for a decade, and also our country's credit rating being secured. That is a big vote of confidence in the UK, and a vote of confidence in the coalition government's economic policies."

 

Since then, however, things haven't been so good, and we now appear to be entering another recession according to latest figures.

 

Of course George won't be putting his hands up to claim responsibility for this - he's only responsible for the good news!! Instead he will roll out some more of his pathetic excuses.

 

Over the past year he has blamed all of the following for Britain's failing economy

 

- The snow

- The Royal Wedding

- The Labour Party / Gordon Brown

- The Lib Dems

- The trade unions

- The banks

and more...

 

Later today we can expect him to blame the Euro crisis and maybe that hot weekend we had in October. Yeah that'll do eh Giddeon??

 

So how is it that when its good news, its proof that Giddeon is right, but when its bad news its EVERYONE else's fault??

 

Maybe we should help him out -anyone got any ideas for ludicrous excuses that he might be able to use later on?

 

But it's a global problem don't you know ... not his fault at all. You can bet your life it will all be Labour's fault again come the next General Election.

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J

 

 

 

Maybe we should help him out -anyone got any ideas for ludicrous excuses that he might be able to use later on?

 

This is the most ludicrous excuse of all time,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

It’s all the Milk snatchers Fault,

 

Beat that.:D

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"An older boy told me to do it"

 

"People aren't pulling together.....those pesky librarians and school crossing patrols are holding the recovery back"

 

Osborne's lame excuses remind me of a naughty schoolboy's excuses for not handing in his homework:

The cat was sick on it

the dog chewed it

the burgular nicked it etc etc....

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I'm the first to admit that I'm a bit thick when it comes to politics and the economy, so can some of you more enlightened minds explain how this works:

 

The Treasury hopes two-thirds of the £30bn earmarked for infrastructure schemes will come from the National Association of Pension Funds and the Pension Protection Fund. Separately it is also seeking more investment in infrastructure from insurance companies and from China.

 

Chancellor George Osborne said: "We are finding the resources in difficult times to build the railways, to build the roads. Britain's got to get away from the quick-fix debt solutions that got us into this mess.

 

If George is getting away from 'debt solutions', how exactly do these investors see a return?

 

Works like this. The new schemes are PFI schemes with the private finance coming from pension funds. They give the government money and the government gives them 30 years of taxpayer money at high rates of return.

 

In true New Labour style this keeps it off the balance sheet. And gives us schemes we can't afford. And allows pension funds to steal/siphon massive wodges of our money.

 

We could have borrowed for these schemes at super low rates but instead they'll cost us a fortune and hand billions for decades to one of the most badly managed sectors of the economy - the pension funds.

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