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UK public debt passes £1 trillion for the first time ever...
#5
RE: UK public debt passes £1 trillion for the first time ever...
Wars have cost us around £22bn, Min.

Maybe if they kept the £3.2bn yearly tax on bankers bonuses they'd do even better. After all, Tories are funded majoritively by Hedge Funds and City banks.

Plan working: Yes, but at a cost, economic growth has been forcasted down to 0.6% from previously eestimated 1.6% so not quite as good as it seems, maybe if they kept the bonus tax and used it to create jobs which would increase GDP and automatically lower debt/GDP%. Also there would be even more taxation on the created jobs, higher spending by people in those new jobs, plus lower unemployment. But then, when the fuck have Tories ever cared about unemployment?

Average Joe getting fucked in favour of Banks, again? Yes.

Austerity measures have never worked.

P.S: I agree with cutting military and stupid oversized departments, but we have a future engagement with Iran before we reduce military spending Smile. A friend of mine said her husband has already started training for it, it's common knowledge within the forces that preparation for Iranian war is happening. Wonder if they have any oil?
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RE: UK public debt passes £1 trillion for the first time ever... - by 5thHorseman - January 24, 2012 at 3:21 pm

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