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"The UK gross domestic deficit was £11 Billion pounds and sky rocketing upwards when Labour were voted out. Seemingly it is down to £ 8 Billion already thanks to the austerity measures put in place by the coalition. Having said the defecit of Europe's biggest basket case (Greece) is only £ 7 Billion and that really makes you realise just how badly labour mismanaged the economy. Ed & Ed next time round? No thanks. " There is another side to all this. With massive cuts in social care, the next time a child or pensioner dies of neglect just ask whether one of the thousands of staff now redundant might have made a difference. Ed and Ed aren't the answer but society will suffer for what the Tories are doing to SureStart and Social Care. | |||
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"The UK gross domestic deficit was £11 Billion pounds and sky rocketing upwards when Labour were voted out. Seemingly it is down to £ 8 Billion already thanks to the austerity measures put in place by the coalition. " All they need to do now is get some of the tax off the dodgers and we'll be RICH!! The trouble with the 2 Eds is that they are not a viable alternative to the current lot. I am a Labour supporter and even I want to throw something at the screen when Ed Milliband comes on the TV. | |||
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"The UK gross domestic deficit was £11 Billion pounds and sky rocketing upwards when Labour were voted out. Seemingly it is down to £ 8 Billion already thanks to the austerity measures put in place by the coalition. Having said the defecit of Europe's biggest basket case (Greece) is only £ 7 Billion and that really makes you realise just how badly labour mismanaged the economy. Ed & Ed next time round? No thanks. " You need to check your figures, I think you'll find that they are completely wrong. Borrowing has gone up. | |||
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"The UK gross domestic deficit was £11 Billion pounds and sky rocketing upwards when Labour were voted out. Seemingly it is down to £ 8 Billion already thanks to the austerity measures put in place by the coalition. Having said the defecit of Europe's biggest basket case (Greece) is only £ 7 Billion and that really makes you realise just how badly labour mismanaged the economy. Ed & Ed next time round? No thanks. You need to check your figures, I think you'll find that they are completely wrong. Borrowing has gone up. " I was just about to say that. Giddy Osborne has failed on all of the milestones he set out for himself. What he is saying now is that he has to borrow a bit more but it will come right in the end. Now, where have I heard that before? | |||
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"The UK gross domestic deficit was £11 Billion pounds and sky rocketing upwards when Labour were voted out. Seemingly it is down to £ 8 Billion already thanks to the austerity measures put in place by the coalition. Having said the defecit of Europe's biggest basket case (Greece) is only £ 7 Billion and that really makes you realise just how badly labour mismanaged the economy. Ed & Ed next time round? No thanks. " Where did you get those figures? The current UK debt is widely reported to be over 1 trillion £'s or £1,000bn which is 125 times more than you state. It is also forecast to rise to £1,500bn by 2015. | |||
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"The UK gross domestic deficit was £11 Billion pounds and sky rocketing upwards when Labour were voted out. Seemingly it is down to £ 8 Billion already thanks to the austerity measures put in place by the coalition. Having said the defecit of Europe's biggest basket case (Greece) is only £ 7 Billion and that really makes you realise just how badly labour mismanaged the economy. Ed & Ed next time round? No thanks. Where did you get those figures? The current UK debt is widely reported to be over 1 trillion £'s or £1,000bn which is 125 times more than you state. It is also forecast to rise to £1,500bn by 2015. " In fairness the debt and the deficit are different things. That said the Ops figures are still wrong. Try not to be fooled by the spin. | |||
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"The UK gross domestic deficit was £11 Billion pounds and sky rocketing upwards when Labour were voted out. Seemingly it is down to £ 8 Billion already thanks to the austerity measures put in place by the coalition. Having said the defecit of Europe's biggest basket case (Greece) is only £ 7 Billion and that really makes you realise just how badly labour mismanaged the economy. I have no idea where you get your figures from but borrowing has increased under the coalition. The IMF only yesterday admitted that austerity was not going to work.I am assuming you pay tax and believe that everyone should pay their fair share. If vodafone ,topshop and their ilk paid what they owed instead of being let off by HMRC then there would be no need for any austerity what so ever. " | |||
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"It's not rocket science. This is how the world works: Without the entrepreneurs, the inventors, the venture capitalists, the bosses, the captains of industry, without all those and many more like them, nothing gets accomplished. NOTHING. The workers don't have the wherewithal to become movers and shakers, which is why they are workers, and if industry was left to them they would be squabbling all day long over who's turn it is to make the tea. Thus it was when spinning looms took over from manual labour and thus it would be now without the people who make industry work. And they're not going to do it for the good of the people, although increased wealth for all is a by-product of success. Liverpool was a small town of 5,000 people until coal was discovered and Stephenson invented the train to shift it. That small town exploded overnight into a large city of 100,000+, and that was repeated all over the country. We need the rich and the successful because without them we'd all suffer." With you on most of that but don't like the evolution into National and Multi Nationals, with their predatorial attitudes. No care at all for the workers and without workers nothing would move either. | |||
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"We need the rich and the successful because without them we'd all suffer." This is true. They should still pay tax though! | |||
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"We need the rich and the successful because without them we'd all suffer. This is true. They should still pay tax though!" and we could do without the greedy. | |||
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"We need the rich and the successful because without them we'd all suffer. This is true. They should still pay tax though! and we could do without the greedy." There has never been, nor will there ever be, a society where every single person pays exactly what they are obliged to pay. It will never happen for the simple reason that greedy people don't want to hand over their cash to the govt and will find ways to make sure they pay as little as possible. The best we could realistically achieve is a system whereby the Chancellor calculates how much tax is owed - and then write off 30% of it, and then base his/her budget on the 70% that is collected. (I've guestimated those figures so don't ask for source quotes) Rich and powerful people are rich and powerful for a reason. They don't start businesses or go into politics for the good of the people, although their success does filter down to the people as it is they who do the graft, but the end goal for all powerful and rich people is to accumulate more power and wealth. They are highly competitive by nature and taking a company from a small business to a national one to an international one are merely stepping stones in their quest to be top dog. The trick is to see what they are doing and take from them when you can and put it away for yourself. Politicians don't go into politcis to change your world, they go into politics to change THEIR world, to be successful, earn their place in history, and then fuck off to the private sector and trade on thier contacts and make yet more millions. Does anyone really believe Tony Blair is a socialist/social democrat or whatever red flag tag you want to put on him? Look where he is now. How much is he earning? Workers can band together to protect themselves but it's only an illusion of power as the bosses can pull the plug whenever they see fit and start again somewhere else. They can tear up contracts of employment and force their workforce to sign new ones that benefit the company and not the worker, or they can fire them if they don't sign. It happened to me, recently, so I know it to be true, regardless of what protection the 'Law' says I have. It all comes down to 'setting a precendent in law' and if that happens the law has to change, and they really really really don't like doing that. | |||
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"In fairness the debt and the deficit are different things. That said the Ops figures are still wrong. Try not to be fooled by the spin. " I have a suspicion that it was the UK current account debt the OP was referring to especially as he was making a comparison to the Greece figure. I fully understand that the deficit (monthly/quartely/annually) which I guess the OP is referring to is not the same as accumulated debt. Is that how you see it? | |||
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