Rishi Sunak

[GeorgeR]

It’s a fact.

ONS gives government debt as 40.7 % of GDP in 2007/8 and 52.2 and 69.0 in the next two years

 

[bluethrunthru]

Now you're just making stuff up.

I think he has confused something he read in October last year with something that never happened in earlier years

Government debt will rise to 140% of GDP, think tank forecasts

The ratio of national debt to economic output (GDP) has tripled in the last 15 years and is forecast to grow even more, according to the Resolution Foundation.

news.sky.com

 

[gordondaviesmoustache]

Looking like May 2nd is the date to finally evict this charlatan and his corrupt cronies and it can’t come a day to soon. Hopefully the House of Lords will fall soon after.

Why May 2nd?

 

[Vic]

Why May 2nd?

Already the date for local elections

 

[Vic]

ONS gives government debt as 40.7 % of GDP in 2007/8 and 52.2 and 69.0 in the next two years

And the Tories have taken it very close to 100%.

He must be wumming.

 

[bluethrunthru]

aside from anything its wrong for a PM to use Border Force in a Political setting - but kids with petrol burns and women?



Far Right

Military aged men

 

[gordondaviesmoustache]

aside from anything its wrong for a PM to use Border Force in a Political setting - but kids with petrol burns and women?

What the fuck is that muzak?

 

[Brewster's millions]

ONS gives government debt as 40.7 % of GDP in 2007/8 and 52.2 and 69.0 in the next two years

You’re quoting outdated data for a measure of public sector debt - PSND excluding public sector banks and the BoE - designed to exclude the costliest part of the financial sector bailouts (nationalisations and capital injections). The latest data show figures of 35.8% in 07/08, then 50.6% in 08/09 and 63.9% in 09/10.

Headline PSND - which does capture the full cost of the bailouts and what they meant for the public sector balance sheet - was 41.5% in 07/08 and then 141.1% in 08/09, before peaking at 145.9% the following year.

 

[Brewster's millions]

I think he has confused something he read in October last year with something that never happened in earlier years

Government debt will rise to 140% of GDP, think tank forecasts

The ratio of national debt to economic output (GDP) has tripled in the last 15 years and is forecast to grow even more, according to the Resolution Foundation.

news.sky.com

A position of extreme ignorance isn’t the best place to start telling people that they’re wrong.

 

[metalblue]

You’re quoting outdated data for a measure of public sector debt - PSND excluding public sector banks and the BoE - designed to exclude the costliest part of the financial sector bailouts (nationalisations and capital injections). The latest data show figures of 35.8% in 07/08, then 50.6% in 08/09 and 63.9% in 09/10.

Headline PSND - which does capture the full cost of the bailouts and what they meant for the public sector balance sheet - was 41.5% in 07/08 and then 141.1% in 08/09, before peaking at 145.9% the following year.

The problem with taking bank bailouts in to account is they were guarantees rather than actual money spent.

Government debt is way too high because for the last 15 years we’ve had some real shocks and a lot of folk with their hand out wanting the government to pay for stuff or guarantee it. As a country we are in a challenging situation.