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Even whilst they did overspend?
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Just out of interest, what do you think the deficit was before the banking crisis hit?

Chicken

At least in five years time when Cameron has fecked up the whole country, No Health Service left, more food banks, The Scots break up the Union, and England becomes a pariah in Europe you will get what you wish for.

Katie Hopkins did her best to help out Labour

fridge

What depresses me most is when working class communities vote Conservative. Democracy is flawed. There are too many idiots having a say.

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Would that be the working class with one kitchen or two?

Sterling,

You think Russell Brand made the difference

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Well, the article was written slightly tongue-in-cheek I have to say...

fridge

It grinds me a bit that Labour has pretty much taken the blame for the "there's no money left" treasury note left to Cameron in 2010

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I think you’ve just summed up another reason Labour lost. Their failure to admit they simply borrowed and spent too much made people realise what would happen if they had another go. If they can’t even see they did wrong there – what hope would there be?

sandy,

At least in five years time when Cameron has fecked up the whole country, No Health Service left, more food banks, The Scots break up the Union, and England becomes a pariah in Europe you will get what you wish for.

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Cameron has done a pretty fine job in my opinion. He went from “having no money left” to making the economy better, creating more than 2 million jobs (more than the whole of Europe put together). I’ve used the health service a few times over the last few years and I have to say I was impressed every single time. Yes, I may have waited 3-4 hours to be seen but every referral (including 2 of cancer I might add) were nothing but A1. Considering the cut backs they had to make because of the mess Labour made , it’s a miracle the country is still in the reasonable state it is.

Cameron deserves to have another 5 years. To Dave

The same thought ran through my mind when I heard the conservatives were in for an easy victory.

Maybe the guy is a bad luck charm. He does after all support West Ham.

He went from “having no money left” to making the economy better,
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He’s borrowed more money than all the Labour governments in history combined.

Somebody needs to explain to me how that makes the economy better, I don’t get it. If you inherit a debt of £5, and a week later you owe £10, is that good?


And for all those people saying Labour overspent, can you also tell me what the deficit was before the banking crisis hit?

And if you don’t know, can you tell me how you know they overspent?, I’m trying to understand this.

Chicken

So your another lemming that keeps getting sucked in by the line Britain had no money left. FFS third world countries are countries with no money, Britain is one of the sixth most rich countries in the world, even allowing for the banks crashing the economy back in 2010. you really do get sucked in by the tory press.

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Sizzle

Five more years of austerity, no health service and bankers still grouse ring huge bonuses should see a Labour landslide in 2020.

Trousering

Zero contract hour jobs where you're paid so badly you're still entitied to benefits is what they've created. Truly Aspirational
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I think only about a quarter of them are zero-hour contracts. Most of them are sole-trader businesses.

I think this is how it works:
"I was placed on one such scheme, told to write a business proposal, claimed about £66 a week as New Enterprise Allowance (which went down to £33 after 13 weeks). "

Keeps people off the unemployment register, even if their business earns no money.

Either that, or a new generation of 2m entrepreneurial Richard Bransons has just sprung up, and we're in for an economic miracle.

I don't wish to appear cynical, but I know which one my money's on.

The Tories have 51 seats in Devon and Cornwall, a real hot bed of industrial Britain. FFS no wonder they have a massive advantage. A few hundred Thousand people have has much clout as 10 million Londoners.

He’s borrowed more money than all the Labour governments in history combined.
Somebody needs to explain to me how that makes the economy better, I don’t get it. If you inherit a debt of £5, and a week later you owe £10, is that good?


And for all those people saying Labour overspent, can you also tell me what the deficit was before the banking crisis hit?

And if you don’t know, can you tell me how you know they overspent?, I’m trying to understand this.
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That's not the first time time I've asked these questions, and nobody's replied.

Nobody knows, God help us.

The Tory right wingers like tebbitt and redwood are already starting to come out of the closet. The infighting won't be long coming.

comment by Wessie Road (U10652)
posted 27 minutes ago
He’s borrowed more money than all the Labour governments in history combined.
Somebody needs to explain to me how that makes the economy better, I don’t get it. If you inherit a debt of £5, and a week later you owe £10, is that good?


And for all those people saying Labour overspent, can you also tell me what the deficit was before the banking crisis hit?

And if you don’t know, can you tell me how you know they overspent?, I’m trying to understand this.
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That's not the first time time I've asked these questions, and nobody's replied.

Nobody knows, God help us.

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Osborne back as chancellor, the man that borrowed more than the previous labour government, makes sense.

comment by Wessie Road (U10652)
posted 41 minutes ago
He’s borrowed more money than all the Labour governments in history combined.
Somebody needs to explain to me how that makes the economy better, I don’t get it. If you inherit a debt of £5, and a week later you owe £10, is that good?


And for all those people saying Labour overspent, can you also tell me what the deficit was before the banking crisis hit?

And if you don’t know, can you tell me how you know they overspent?, I’m trying to understand this.
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That's not the first time time I've asked these questions, and nobody's replied.

Nobody knows, God help us.

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Here you go buddy:

http://blogs.spectator.co.uk/coffeehouse/2015/04/the-truth-about-labour-and-overspending/

Pretty graphs and everything for you.

I would just like to personally thank Russell Brand for telling everyone to vote Labour, thus swinging the election in Conservative’s favour.

To Russell, the best Tory campaigner ever**

brilliant Loooooooooooser

Sizzle

Five more years of austerity, no health service and bankers still grouse ring huge bonuses should see a Labour landslide in 2020**

Labout are finished as a political party, they couldnt take a weak coalition government that were there for the taking, forget 2020...

http://blogs.spectator.co.uk/coffeehouse/2015/04/the-truth-about-labour-and-overspending/

Pretty graphs and everything for you.
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Thanks Flib, so we’ve finally got a start. (The Spectator , but it’ll do)

Just read the pretty graph and it looks like the debt was somewhere above 500bn as the banking crisis approached. Would you agree with that interpretation? That represents somewhere around 35%-37% of GDP.

The one they inherited in 1997 was about 42% of GDP....was that bad too, or was that good?
I’m curious to know why a debt of 37% might be worse than a debt of 42%?

What I’m really keen to know, though, is how the economy’s been helped since then by the fact that it now stands at 1.5 trillion (approaching 80% of GDP), and that half of that has been racked up in the past 5 years?

In terms of the deficit, that Spectator article says that a deficit of 3% was monstrous (actually, I think it was a fair bit less than that, but let’s round it up for the Spectator), so would be keen to know if the deficit of 3.9% inherited in 1997 was also monstrous, and how the current deficit of 4.8% is helping our remarkable economic recovery.

(Also curious as to why the Conservatives approved Labour’s spending plans at the time, but that can wait).

Thanks, Flib

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