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Words of Wisdon..not

Discussion in 'General Discussion' started by Lincsbodger, 14 Jun 2010.

  1. Lincsbodger

    Lincsbodger

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    Alastair Darling said today if the Government slashed public spending too aggressively it could send the UK into a double-dip recession.

    On the other hand, taking budget advice from the man who created the largest public debt in the known universe is like taking tactical military advice from General Custer.

    Alastair Darling clearly is the man the acronym 'STFU' was invented for.
     
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  3. PrenticeBoyofDerry

    PrenticeBoyofDerry

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    Has he not been badger culled yet?
     
  4. joinerjohn

    joinerjohn

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    Yes , but in Alastair Darling's world, you have to look out of rose tinted, expenses proof, inflation busting wage rise , inflation proof pension prescription glasses. ;) ;) ;) ;) ;)
     
  5. snico

    snico

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    Also some of the worlds top economists think the same.....Iwould believe them before any Tory
     
  6. empip

    empip

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    And in the real world / Universe national debt stands at :-
    UK 62% of GDP
    Japan 194%.
    Italy is over 100%.
    USA close to 71% of GDP.

    In all honesty 'tis a world wide problem.

    HMG would be well advised to get on with what they promised rather than bleating about NL's failures - Unless of course they are as clueless as the rest and have f'k all else to say.
    -0-
     
  7. Lincsbodger

    Lincsbodger

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    Unfortunately, voters have short memories, so it will be necessary to keep reminding them who spent all the money in the first place. Recklessly spending trillions of pounds when we were already up to our neck in debt in the last few months of office wasnt a worldwide problem, just the spiteful, irresponsible act of New Labour when they realized the game was up. When they realised the parents were coming home to break up the party, they trashed the place out of spite, like a bunch of drunken teenagers.

    So, no, sorry, we need to spend the next 20 years reminding the voters what a bunch of useless, spiteful, irresponsible, lying, wasteful tossers New Labour were, just in case they forget are are tempted to fall for the next set of lies and spin from them and vote them back in.
     
  8. ellal

    ellal

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    Really?

    If of course you believe government figures, but then...

    And this doesn't include the later £500billion+ bailouts/quantative easing...

    And given the fall in GDP over the last couple of years, and increased borrowing levels, the true figure is nearer 200%
     
  9. oompah

    oompah

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    If we are to take the figures posted by ellal as true(not a dig at you ,but the figures)there is no way on gods earth that the debt will be paid off,so is all the coalition bluster regarding their trivial £6 billion in savings worth the hype, or is this what they described as worse than they thought.
     
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  11. Lincsbodger

    Lincsbodger

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    i concur with those figures, the debt is pretty much close enough to £2000 billion all told.

    Itll take 30 years to pay for Nu Labour's reckless incompetance.
     
  12. oompah

    oompah

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    What do you base the thirty years on?
     
  13. Lincsbodger

    Lincsbodger

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    Metaphorically speaking. 30, 40 50 years, it took 40 years to pay for WW1 and 50 years to pay for WW2, and in real terms we just paid for 4 World War Two's.
     
  14. oompah

    oompah

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    But that was paying back someone ie:the Americans,our debt according to these figures is so large that we must be paying interest on interest.
     
  15. joinerjohn

    joinerjohn

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    I wonder how much money Alastair Darling has in savings? It would be interesting to see if he was as reckless with his own money as he was with ours..
     
  16. empip

    empip

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    My source The Office for National Statistics (ONS) is the executive office of the UK Statistics Authority, a non-ministerial department which reports directly to Parliament. ONS is the UK Government's single largest statistical producer. Didn't they, quite publicly, chastise HMG over fiddled stats? Now unencumbered I believe.

    I think 'The pension liability cost' the tory tank quoted is a total sum over time, that is until the last public sector employee dies !! Which is clearly nonsense in a current time frame.
    The £500 bil was for potential liabilities - will this be spent?? 'Probably not' says your source.

    A fair bit of the bailout dosh will be coming back - wait and see.

    We have suffered worse borrowing.

    -0-
     
  17. Nige F

    Nige F

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    Interesting analogy - I can see Thatcher as the parent :LOL: :LOL: Coming back from the pawnbroker and pub- Her weasel was popped years ago. ;)
     
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