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The Polls - Labour Lead At 14 - Is It The Economy?

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Comments

  • Wookster
    Wookster Posts: 3,795 Forumite
    StevieJ wrote: »
    Don't be ridiculous.

    Borrowing has fallen.

    Are you implying that by spending more ed balls would borrow less?
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    abaxas wrote: »
    Government con number 1 - make people believe that a more modern building provides a better service than an older one.

    Obviously people who live in new build houses are much better at doing things than those in older ones....

    I must admit I have seen schools built to replace (what appeared) to be perfectly OK older buildings, I do think that new schools should not be priority but what happens inside.
    '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
  • angrypirate
    angrypirate Posts: 1,151 Forumite
    Wookster wrote: »
    Borrowing has fallen.

    Are you implying that by spending more ed balls would borrow less?
    I think you mean the annual borrowing (ie deficit) has fallen (sorry to be pedantic but it is different)
  • I think you mean the annual borrowing (ie deficit) has fallen (sorry to be pedantic but it is different)

    No it hasnt - the 'deficit' was made to look smaller by adding in monies not yet recieved (4G and profits from QE - OsBean was caught out on this by evan harris on r4 today programme - and OsBean made a complaint lol :D
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Wookster wrote: »
    Borrowing has fallen.

    Are you implying that by spending more ed balls would borrow less?

    I am saying that debt has increased by £360 billion in two years of Tory govt against £450 billion in thirteen years of Labour, now check that statement below again.
    The RATE of debt increase is lower than under Labor.
    '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
  • LauraW10
    LauraW10 Posts: 400 Forumite
    edited 7 December 2012 at 11:50AM
    The public dont seem to care or understand about the national debt. All they seem to care about is that they get what they are "owed" by the government. Right now this government is cutting spending and thats been pedalled by the opposition as bad and nasty.

    As someone who works in the private sector in a company whose majority of clients are foreign, i dread to think where I would be right now if Labour had remained in power.

    The current government are cutting spending (maybe) but they are also stifling growth. No growth means no tax receipts - which means bigger debts - bigger than a country would have had. That's why austerity doesn't work - it's a death spiral.

    The coalition's biggest failure was smashing business and consumer confidence when they came to power - absolute madness. Labour would not have done that - so yes I believe that things would have been much better under a Labour government.
    If you keep doing what you've always done - you will keep getting what you've always got.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    No it hasnt - the 'deficit' was made to look smaller by adding in monies not yet recieved (4G and profits from QE - OsBean was caught out on this by evan harris on r4 today programme - and OsBean made a complaint lol :D

    What do you think should be done with extra incoming revenue?

    Would you prefer it to be ignored suddenly?

    I really don't understand this bitter complaint that income over the next year has been included in the income figures. Would you rather it was ignored? You could then claim they didn't know what they were doing, and ask where the 4G money was, and what they are hiding....

    Either way, whatever they do, you'll say it's wrong.
  • 2010
    2010 Posts: 5,514 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Once again "the public have got short memories".

    On a certain day in May 2015, the undecided will vote on how they feel there and then.
    Will they be better off with X,Y or Z.

    They won`t care about what Thatcher did,Ed Balls is a tw*t, the west coast money wastage fiasco, tax cuts for billionares, just how they feel there and then.
    It`s the undecided who
    decide.
  • ILW
    ILW Posts: 18,333 Forumite
    No it hasnt - the 'deficit' was made to look smaller by adding in monies not yet recieved (4G and profits from QE - OsBean was caught out on this by evan harris on r4 today programme - and OsBean made a complaint lol :D

    Who or what is OsBean?
  • Wookster
    Wookster Posts: 3,795 Forumite
    I think you mean the annual borrowing (ie deficit) has fallen (sorry to be pedantic but it is different)

    I do actually know the difference between "the deficit" and debt but thanks for making it clear.
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