oh dear: deficit target in doubt as borrowing climbs in November

[NickFitz]

It's as if the Tories are a bunch of feckless idiots who have no idea what they're doing, whose harebrained economic policies don't work, and who have consistently lied to everybody about how they'd make things better.

But that surely can't be the case?

[centurian]

A better question would be - why did they still get bonuses in years when they made a loss?

Because they did an amazing job in keeping the losses to eye-watering levels instead of the gargantuan levels they would have been if they had hired someone else / not paid the bonuses.

[darmstadt]

It's as if the Tories are a bunch of feckless idiots who have no idea what they're doing, whose harebrained economic policies don't work, and who have consistently lied to everybody about how they'd make things better.

But that surely can't be the case?

Shurely shome mishtake?

[fullyautomatix]

WTF is wrong with this govt ? Time and time again we hear sound bites about cut in public sector and austerity and cut in welfare etc etc etc.

Still, the borrowing is climbing. Why are we borrowing more if every department is trimmed by 30% ? Where is all this extra cash going?

I just wish we could get Corbyn in power somehow, he would sort this mess out without any of the austerity crap.

[darmstadt]

WTF is wrong with this govt ? Time and time again we hear sound bites about cut in public sector and austerity and cut in welfare etc etc etc.

The only cuts in public sector workers are those affecting Joe Public, now if you're a public service worker, working for the Tories, or aspire to, then there aren't any: http://forums.contractoruk.com/gener...ml#post2186096

[BrilloPad]

"Seven City banks paid a combined £21m in corporation tax in 2014, according to research by Reuters on Tuesday."

Anger at City banks paying little or no corporation tax | Business | The Guardian

Tax should not be taxing!

I hate banks. They need root and branch reform. But in this case you are unfair. All big businesses do the same. Branding needs to be removed as a tax deductible expense.

[BrilloPad]

Turning it around, there clearly is no austerity, there really aren't any cuts. The cuts are measured against supposed inflation, the deficit is measured in real cash. The reality is the UK government is spending too much.

What could Corbyn actually do differently?

He could reduce the difference between rich and poor to make people feel better. He could provide social mobility to give the poor a chance to work their way up. He could bring down house prices.

However he would not bother. If he got into power he would just act like the current government.

[BrilloPad]

It's as if the Tories are a bunch of feckless idiots who have no idea what they're doing, whose harebrained economic policies don't work, and who have consistently lied to everybody about how they'd make things better.

But that surely can't be the case?

Labour would do no different. They had 13 years in power and inequality increased.

[LisaContractorUmbrella]

WTF is wrong with this govt ? Time and time again we hear sound bites about cut in public sector and austerity and cut in welfare etc etc etc.

Still, the borrowing is climbing. Why are we borrowing more if every department is trimmed by 30% ? Where is all this extra cash going?

I just wish we could get Corbyn in power somehow, he would sort this mess out without any of the austerity crap.

Autumn Statement 2015 - Foreign aid spending to reach staggering £16billion says Osborne | Politics | News | Daily Express

HTH

[DimPrawn]

Anyone starting to think that Labour puppet masters are being clever with Corbyn as leader of the opposition?

Have a radical left winger stand at the general election, taking up lots of votes from people looking for something different from the usual LibLabCon trick. Promise the Earth to everyone.

Then, as soon as he wins the GE, he stands down and hands over power to a bog std LibLabCon leader, following the usual LibLabCon policies we've all seen for at least 30 years. Just like Phoney handed power to Brown, without Brown being voted in.