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Are Labour two faced or two stupid?

Labour have criticised the Tories for vetoing a treaty that would require the UK to cut the deficit to no more than 3% of GDP and at the same time saying they are cutting too fast too soon.

Are Labour two faced or two stupid?
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Comments

  • A._Badger
    A._Badger Posts: 5,881 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    lvader wrote: »
    Labour have criticised the Tories for vetoing a treaty that would require the UK to cut the deficit to no more than 3% of GDP and at the same time saying they are cutting too fast too soon.

    Are Labour two faced or two stupid?


    Um.. can I choose 'both'?
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    lvader wrote: »
    Labour have criticised the Tories for vetoing a treaty that would require the UK to cut the deficit to no more than 3% of GDP and at the same time saying they are cutting too fast too soon.

    Are Labour two faced or two stupid?


    Where do you get that from, it would have done no such thing.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • vax2002
    vax2002 Posts: 7,187 Forumite
    cameron can Veto what he wants, the majority have signed it, we are in by default.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • At least Cameron had the balls to stand up to Merkel and Sarkozy who seem to be running the EU.
    That simpering wimp Milliband would have signed our sovereignty away by now
    Blessed are the cracked for they are the ones that let in the light
    C.R.A.P R.O.L.L.Z. Member #35 Butterfly Brain + OH - Foraging Fixers
    Not Buying it 2015!
  • Degenerate
    Degenerate Posts: 2,166 Forumite
    It's just party politics. Note that they are criticizing Cameron's negotiating tactics without actually saying we should have signed up to the thing. If Labour were still in power they would have done the same thing.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    3% was of course the requirement for anyone to join the Euro in the first place

    as I recall, almost no-one (including germany) actually meet that requirement but they went ahead anyway

    and I don't think they have specified the timescale for achieving that so everyone can be right.
  • lvader
    lvader Posts: 2,579 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    StevieJ wrote: »
    Where do you get that from, it would have done no such thing.
    National budgets

    Having failed to reach an agreement of all 27 EU members, the 17 eurozone countries and the other EU states apart from the UK are expected to sign up to the new deal, which includes:
    Continue reading the main story a commitment to "balanced budgets" for eurozone countries
    • defined as a structural deficit no greater than 0.5% of gross domestic product - to be written into national constitutions
    • automatic sanctions for any eurozone country whose deficit exceeds 3% of GDP
    • a requirement to submit their national budgets to the European Commission, which will have the power to request that they be revised
    • eurozone and other EU countries to consider, within the next 10 days, providing up to 200bn euros to the International Monetary Fund to help debt-stricken eurozone members
    http://www.bbc.co.uk/news/uk-politics-16116276
  • ILW
    ILW Posts: 18,333 Forumite
    Like the way they use the term "debt stricken members" as if it just happened overnight with no warning.
  • lvader
    lvader Posts: 2,579 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Just re-read that it only applies to Eurozone countries, so it's OK for Labour that other European countries cut too fast too soon as long as UK doesn't follow suite?
  • lvader wrote: »
    Just re-read that it only applies to Eurozone countries, so it's OK for Labour that other European countries cut too fast too soon as long as UK doesn't follow suite?

    'people in glass houses' springs to mind ;)
    US housing: it's not a bubble - Moneyweek Dec 12, 2005
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