Len Rum
Well-Known Member
I don't think they've trebled it mate ( yet).The Tories have trebled the national debt mate. How come you can ignore that fact? They haven't invested enough in the economy for growth and until we do the ability to reduce that debt through growth is impossible.
The Tories have always been the party of increasing debt, but, there's nothing to see. Fucking unbelievable selective retention on this thread from Tories.
It was 0.9tn when Labour left office in 2010, it now stands at 1.7tn and will probably reach 2tn in the next few years with their mañana deficit reduction policy.
Nevertheless due to clever spin by the Tories and their friends in the media they are perceived as the party that is most competent in running the economy. This is not true, they are incompetent at managing the economy for the many but they excel at managing it for the wealthy and powerful few.
Hence their current failure to eliminate the deficit as they promised and the astronomical level of national debt at 1.7tn are just treated as mere inconvenient facts which if mentioned at all are blamed on the previous Labour administration ( and the one before that in the seventies if you care to listen to some the old right wing farts on here).