FTSE 100 breaches 7000

Glen_Clark

longleggedhair wrote: »

Continued wasteful spending by a Labour government would have had us stripped of our credit rating .

Err Hello. We have been stripped of our credit rating. And its the National Debt which is rising fastest 'onwards and upwards' Company profits are falling. But as long as House and Share prices are rising you turn a blind eye to all that .....

Glen_Clark

longleggedhair wrote: »

I think (Osborne's) done a fantastic job as chancellor and I will be voting Conservative in May and Im sure most sensible people will do also.

Lets look at what he had to say just before the Irish Economy crashed, (he later borrowed £5bn to lend to them to bail them out)
"A Generation ago, the very idea that a British politician would go to Ireland to see how to run an economy would have been laughable. The Irish Republic was seen as Britain’s poor and troubled country cousin, a rural backwater on the edge of Europe. Today things are different. Ireland stands as a shining example of the art of the possible in long-term economic policymaking, and that is why I am in Dublin: to listen and to learn". - Gideon (Alias George) Osborne ,The Times Feb 23 2006

Apart from supporting Cameron’s leadership campaign, does Osborne have ANY qualifications to be Chancellor of the Exchequer?

JohnRo

pip895 wrote: »

Better than trebling it which is what would have happened if the other lot got in:rotfl:

That's just fantasy, clearly a popular one though. I suppose it's a useful distraction from the dismal reality many people face.

Glen_Clark

lawriejones1 wrote: »

Osbourne hasn't cut anything, he's spent more money each year.

Some cuts have been made, but have ended up costing us more, you can see that on the benefits forum of this website. Typically someone gets their Housing Benefit cut if they have a spare bedroom. (after a long and costly dispute over what constitutes a bedroom) So they have another child to fill it and get child benefit as well. Failing that they get evicted, the council is legally obliged to rehouse them whatever the cost, so they get put in a hotel costing the taxpayer more.:mad: