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Cons Increase Deficit & National Debt Targets Missed

1246723

Comments

  • BertieUK wrote: »
    I have to say David Cameron to that one...

    Well after the 2010 election nobody could have become PM with a majority mandate. So what was the alternative ? Martial law ?
    No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.

    The problem with socialism is that eventually you run out of other people's money.

    Margaret Thatcher
  • lvader wrote: »
    Cuts are obviously too fast and too deep.

    So what should we do ? Borrow more money from China ?
    No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.

    The problem with socialism is that eventually you run out of other people's money.

    Margaret Thatcher
  • lvader
    lvader Posts: 2,579 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    So what should we do ? Borrow more money from China ?

    Sorry I couldn't find a sarcasm smilie. Maybe we should start to actually make some cuts.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    BertieUK wrote: »
    Do other countries have this undesired problem with their politics?

    What's the problem with coalitions? At least there's a balance. A compromised solution. That's more agreeable to the majority of the electorate.
  • lvader wrote: »
    Sorry I couldn't find a sarcasm smilie. Maybe we should start to actually make some cuts.

    Ah, yes. Try this one next time, usually does the trick ;)
    No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.

    The problem with socialism is that eventually you run out of other people's money.

    Margaret Thatcher
  • Wookster
    Wookster Posts: 3,795 Forumite
    We have yet another informative, well balanced post from our latest resident troll.

    Labour has opposed every single spending cut proposed by the coalition and the only tax raising measure they brought in (the 50p tax rate) actually led to a reduction of tax revenues.

    And this muppet thinks Labour would have had better control of the deficit.... thank god he only has one vote.
  • A._Badger
    A._Badger Posts: 5,881 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Wookster wrote: »
    We have yet another informative, well balanced post from our latest resident troll.

    Labour has opposed every single spending cut proposed by the coalition and the only tax raising measure they brought in (the 50p tax rate) actually led to a reduction of tax revenues.

    And this muppet thinks Labour would have had better control of the deficit.... thank god he only has one vote.


    Always assuming he is old enough.
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    So what should we do ? Borrow more money from China ?

    Rebalance the economy.

    We need to cut in the non-productive parts of the economy to invest in things which earn money.

    People may not like me saying this, but arms production used to generate a profit. We are not going to flog too many carriers to other countries at £4bn a pop though. It's the right sort of defence equipment for a changing but still volatile world.

    Western brands which still believe in heritage and status will still sell out in China and India. This is why Germany signed £10bn+ export deals with China the other year.
  • BertieUK
    BertieUK Posts: 1,701 Forumite
    edited 31 December 2012 at 4:27PM
    Thrugelmir wrote: »
    What's the problem with coalitions? At least there's a balance. A compromised solution. That's more agreeable to the majority of the electorate.

    I am merely a spectator on this Forum, and I must say that there are so many itelligent people who take time to put forward great points of view, and discuss in a reasonale tone their thoughts of how to make improvements to our countries economic problems, that it is a pleasure to read and learn and try and understand points of view, and I appretate your patience in answering points that I am not clear with in a simplified way, and then on the flip side of the coin we have those who persist in playing the same old tune, over and over again, wherby you are not really going forward just going in circles around and around.

    Having said that it would be refreshing if you made a New Years Resolution to stop telling us who was to blame for this and for that, it really does not make sense at all. I appretiate that a good old casting up can many times be a good ingrediant for a discussion but...

    I can admit to some quite heated debates on many of the threads, then I think back and admit that thety did not contribute to the discussion in the way that they should, so nobody is perfect.

    I can here some of you saying well if you dont like it you know what to do, that also is the start of a discussion...

    So let me wish you all a very Happy New Year and lets cool it a little and get productive.
  • BertieUK wrote: »
    I am merely a spectator on this Forum, and I must say that there are so many itelligent people who take time to put forward great points of view, and discuss in a reasonale tone their thoughts of how to make improvements to our countries economic problems, that it is a pleasure to read and learn and try and understand points of view, and then on the flip side of the coin we have those who persist in playing the same old tune, over and over again, wherby you are not really going forward just going in circles around and around.

    Having said that it would be refreshing if you made a New Years Resolution to stop telling us who was to blame for this and for that, it really does not make sense at all. I appretiate that a good old casting up can many times be a good ingrediant for a discussion but...

    I can admit to some quite heated debates on many of the threads, then I think back and admit that thety did not contribute to the discussion in the way that they should, so nobody is perfect.

    I can here some of you saying well if you dont like it you know what to do, that also is the start of a discussion...

    So let me wish you all a very Happy New Year and lets cool it a little and get productive.

    No go I'm afraid. It would be very convenient for Labour supporters if everybody started saying "It's a new year. Let's not harp on about who is to blame, let's just move on."

    It's no accident that after 13 years of Labour we now have a situation where -- probably for the first time in history -- a generation believes that it is not going to be as well off as the preceding generation any time soon, if ever.

    If we stop asking who is to blame then the electorate is all the more likely to make the same old mistake of putting them in again. They probably will anyway.
    No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.

    The problem with socialism is that eventually you run out of other people's money.

    Margaret Thatcher
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