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Not Paying Down Deficit-Cons Think Voters Cant Understand Sums

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Comments

  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Doesn't really matter who is overspending or underspending annually, one is a deficit the other is a surplus the principle is the same.

    It is the difference between deficit and debt that is issue.

    The OP was referring to the deficit increasing which at the current time it isn't. I appreciate that some creative bookkeeping is going on but the ONS are happy to have these included in the figures..

    At the current time it is increasing.
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    ukcarper wrote: »
    At the current time it is increasing.

    What is?.....
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    What is?.....

    The deficit
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    ukcarper wrote: »
    The deficit

    They have some 4G cash to add in before the financial year end, should just about avoid that embarrassment :)
    '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
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    StevieJ wrote: »
    My point is about current direction, which to me is the important thing.

    Irrespective of party. There is only one.
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    ukcarper wrote: »
    The deficit


    Not what it says in th OP link.

    Responding to Labour's complaint, Mr Dilnot said it was important that politicians distinguished correctly between accumulated and annual public sector borrowing - which has come down under the coalition.
    "It is clearly important for all parties to public debate in this area to understand the relevant statistical definitions and to distinguish changes in the level of debt outstanding from changes in borrowing per period, and to reflect these in their communication of the statistical trends involved," he wrote.
    "Public sector net debt is a measure of how much the UK public sector owes at a given time. Public sector net borrowing is the difference between total accrued receipts and total accrued (current and capital) expenditure over a specified period; this measure is frequently used by commentators to summarise the extent of any public sector 'deficit'."
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 2 February 2013 at 4:16PM
    Not what it says in th OP link.

    Responding to Labour's complaint, Mr Dilnot said it was important that politicians distinguished correctly between accumulated and annual public sector borrowing - which has come down under the coalition.
    "It is clearly important for all parties to public debate in this area to understand the relevant statistical definitions and to distinguish changes in the level of debt outstanding from changes in borrowing per period, and to reflect these in their communication of the statistical trends involved," he wrote.
    "Public sector net debt is a measure of how much the UK public sector owes at a given time. Public sector net borrowing is the difference between total accrued receipts and total accrued (current and capital) expenditure over a specified period; this measure is frequently used by commentators to summarise the extent of any public sector 'deficit'."


    Not sure what that's got to do with it, the deficit is increasing Dec 2012 higher than Dec 2011.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ukcarper wrote: »
    Not sure what that's got to do with it, the deficit is increasing Dec 2012 higher than Dec 2011.

    Until the full years figures are compiled. Comparison is meaningless.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Thrugelmir wrote: »
    Until the full years figures are compiled. Comparison is meaningless.

    Not necessary that will show if year on year is down but the trend can still be up.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Until the full years figures are compiled. Comparison is meaningless.

    That would be inceased deficit + (rushed) 4G income = Reduced deficit :)
    '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
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