Possibly the most misguided post and graph in the entire thread which is good work at this stage.
The Tories have reduced the deficit they inherited by around 75%. The debt can't reduce until that deficit has had been eradicated as has been explained numberous times. Imagine how bad that graph would look with Labour still in charge.
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Paul Nuttall casting his vote in Congleton.. didn't know he lived there !!
Is that the deficit they predicted would be eliminated by 2015 under their guidance? What's the prediction now? 2019? 2020? I guess that's what happens when you put a history major in charge of the economy. The point isn't that it's still increasing, it's that it's barely slowing.Possibly the most misguided post and graph in the entire thread which is good work at this stage.
The Tories have reduced the deficit they inherited by around 75%. The debt can't reduce until that deficit has had been eradicated as has been explained numberous times. Imagine how bad that graph would look with Labour still in charge.
Hmmmm - if it was that simple you would think that the shadow schools minister Mike Kane could have responded better to simple questions than simply doing a 'Diane Abbot impersonation'Tuition fee abolition won't cost a penny. The government are paying all the fees now, they just want to hide it on a different side of the balance sheet (like PFI).
Everyone keeps saying hardly anyone will pay it back, so what is the point? If you want payback, then 0.5% on income tax for all graduates for 10/15 years would cover it.
Is that the deficit they predicted would be eliminated by 2015 under their guidance? What's the prediction now? 2019? 2020? I guess that's what happens when you put a history major in charge of the economy. The point isn't that it's still increasing, it's that it's barely slowing.
1) which is still better than the current situation with social care that came into being under Labour where your house has to be sold and your beneficiaries get under £30k ring fenced.1) We don't know what's being proposed for social care under the Tories as they say one thing one day then something else the next day. They talked about a cap but couldn't say what that cap was and the small print behind the headline indicated that it was a very selective cap.
2) You keep saying the economy is in good shape and I showed you why growth was not being driven by the right fundamentals (eg productivity, which was stagnant). At that point you went very quiet. Yes there is some growth but it's weak and has slumped in Q1 2017 and is the weakest in the EU. So we can comprehensively nail the lie that the economy is in good shape.
3) There is a choice between security and civil liberties but even countries where the latter are severely restricted have security issues. Even Israel suffers terror attacks despite having possibly the most effective security services in the world the humiliating & draconian measures taken against Palestinians in the West Bank which effectively ghettoises them.
There is simply no way that anyone can guarantee that we won't suffer more attacks like the ones we've seen recently. Corbyn voted against those measures (most of which have been implemented despite that) not because he's pro-terrorist but because he's anti the erosion of our civil liberties. Because once those are gone, they're gone.
None of what you say ever seems to have any 'correctness' on this subject I am afraid - with this post you just confirm that viewFirst paragraph wrong.
Second paragraph correct.
No I didn't. I corrected you on your misinformed interpretation of the data. You said you'd voted for them because they'll cut the debt. I posted data showing that not only have they failed to do that in 7 years of power, but they've also failed to make any significant inroads into the speed of increase in the debt. And now because you can't respond to that criticism, you're resorting to pathetic points like the one above.You've posted a load of bollocks, been called up on it and then moved the goalposts of the argument.
I'm not getting mixed up about anything. I live economics. I'm explaining why the fucking debt is going up (and that it will continue to do so until the deficit becomes a surplus).You're mixing up deficit with debt.
Two different things.
The deficit has reduced due to cuts so the difference in deficit concerns the gap in what we spend and what we earn.
The debt has risen nearly £900m since 2010 and this is not connected to deficit, so, your misunderstanding if the two makes your post misguided.
We can have zero deficit in GNP but be up to our ears in debt. Which we are.
But your totally missing the point, no one, not least the poorest will be better off in an economy that has tanked and run out of money because of profligate spending. It might 'feel' better for a few years whilst the 'borrowed' money gets pumped in but when it runs out, as it always does with Labour, it's yet again left to the 'nasty' tories to pick up the mess and make the difficult decisions and sadly that means people's lives being affected adversely. That's the real world not Labour's fantasy one.
If inflation gets out of hand because of profligate spending, above inflation salary rises ,then interest rates will have to rise and that will put millions of mortgaged families at risk of unaffordable payments and more burden on public finances that we can ill afford.
Families can't spend beyond their means without going bust, businesses can't spend beyond their means without going bust, and neither can countries. You have to balance the budgets.
Does that mean I think the Tories get everything right, of course not, but they are a damn sight more realistic and responsible then Labour will ever be.
I can understand you saying that - I even think that you probably believe it is why I say thatThat because your party has fucked up just about everything else so should be booted out if the election was about the earth onomy, the NHS, security, social care, education, etc.
Wasn't he in Stoke a few months ago?
This is the same deficit which George Osborne claimed would be cleared by 2015
Is that the deficit they predicted would be eliminated by 2015 under their guidance? What's the prediction now? 2019? 2020? I guess that's what happens when you put a history major in charge of the economy. The point isn't that it's still increasing, it's that it's barely slowing.
Maybe you'd prefer the graph in this article that show that there's barely any distinction between the parties on whether they run a surplus or a deficit. But most importantly, the running of big deficits coincides pretty strongly with Margaret Thatcher's shift to liberal economics.
No I didn't. I corrected you on your misinformed interpretation of the data. You said you'd voted for them because they'll cut the debt. I posted data showing that not only have they failed to do that in 7 years of power, but they've also failed to make any significant inroads into the speed of increase in the debt. And now because you can't respond to that criticism, you're resorting to pathetic points like the one above.
I'm not getting mixed up about anything. I live economics. I'm explaining why the fucking debt is going up (and that it will continue to do so until the deficit becomes a surplus).
You can't talk about one without reference to the other and really, don't try and tell me what I am confusing when it's you that is befuddled:
"The debt has risen nearly £900m since 2010 and this is not connected to deficit" (your sentence) shows you have zero understanding of the topic. So go away and read up and then come back to me.
I actually believe that under all the political posturing the aim of both major parties is to find a way to remain in the single market without having the rest of the shit that comes with that. I think there will be a financial cost to be paid for that but that shouldn't surprise anyone. Labour & Liberal Democrats are pretty open about that whereas the Tories are saying things like "Brexit means Brexit" and that they'd be prepared to walk away from a bad deal. So I think that the Tories would be least likely to pay something for a good deal but that's just my opinion. We'll see in 2 years!I can understand you saying that - I even think that you probably believe it is why I say that
but it is not why I make that statement.
I made that statement because we are about to enter into the Brexit negotiations and if we do not get that right - all the manifesto promises are utterly compromised any way. People are (rightly IMO) pointing out the flimsiness of the Labour 'fully costed manifesto' - if we do not focus on getting Brexit right then the economy is going to suffer badly.
BTW - you are wrong to make the comment "...your party..." I have voted Labour more often than conservative and would be voting for them now if they were more credible than the Conservatives on delivering Brexit.
I'm not talking shite.