UK Budget Deficit

**The Lone Gunman** · 18 July 2008, 10:50

I am waiting to here the spin on breaking the golden rule.
I do hope this puts the lie about Golden Clowns masterful handling of the economy to bed. I do hope this gets put over to the masses.

**Cyberman** · 18 July 2008, 11:11

'The highest budget deficit since records began in 1946.' Wow!!! They really are the most incompetent government, but will keep insisting that they are prudent and better at managing the economy than the Tories.

Will their supporters still blindly continue to believe their LIES !!!!???

**TimberWolf** · 18 July 2008, 11:13

Originally posted by Cyberman View Post

'The highest budget deficit since records began in 1946.'

Is that in real terms though?

**HairyArsedBloke** · 18 July 2008, 11:15

Originally posted by Cyberman View Post

Will their supporters still blindly continue to believe their LIES !!!!???

Yes.

**oracleslave** · 18 July 2008, 11:15

Originally posted by Cyberman View Post

'The highest budget deficit since records began in 1946.' Wow!!! They really are the most incompetent government, but will keep insisting that they are prudent and better at managing the economy than the Tories.

Will their supporters still blindly continue to believe their LIES !!!!???

I once got a 'windmill' award from mates at university for 'continuing to pump the same hole' when I had a girlfriend for over 6 months. Reminds me of your continual promotion of the Tories as the econmic saviours just waiting to restore prosperity to the UK.

**BoredBloke** · 18 July 2008, 11:20

Originally posted by oracleslave View Post

I once got a 'windmill' award from mates at university for 'continuing to pump the same hole' when I had a girlfriend for over 6 months. Reminds me of your continual promotion of the Tories as the econmic saviours just waiting to restore prosperity to the UK.

Ok so you have a choice of 3 - the one in power is not going to change things, if anything they are going to make more of a mess. So who can you hope for? I want the Tories in to cut the public spending which has wasted billions.

**oracleslave** · 18 July 2008, 11:21

Originally posted by TonyEnglish View Post

So who can you hope for? I want the Tories in to cut the public spending which has wasted billions.

I hate them all.

HTH

**Cyberman** · 18 July 2008, 11:23

Originally posted by oracleslave View Post

I once got a 'windmill' award from mates at university for 'continuing to pump the same hole' when I had a girlfriend for over 6 months. Reminds me of your continual promotion of the Tories as the econmic saviours just waiting to restore prosperity to the UK.

There really is no other hope. At least we have experience of the Tories restoring the economy from at least two recessions after Healy & Callaghan's resort to the IMF in the mid- 70's. Labour have never achieved economic recovery and never will, sadly.

**expat** · 18 July 2008, 12:15

Originally posted by Cyberman View Post

There really is no other hope. At least we have experience of the Tories restoring the economy from at least two recessions after Healy & Callaghan's resort to the IMF in the mid- 70's. Labour have never achieved economic recovery and never will, sadly.

I'm afraid that old Tory story is just not true. Healey and Callaghan inherited an over-inflated mess from Barber, Maudling, and Heath so bad that Maudling personally apologised to Healey for it.

Previously, Wilson and Callaghan had inherited such a disastrous economy from the moribund Tory government that Cabinet memoirs tell us that real tears were shed when the optimistic incoming Labour government found out just how bare the cupboard was.

Or do you mean the Major/Lamont government that presided over 15% interest rates and dropped ignominously out of the ERM?

No, those tales of Tory fiscal responsibility are tall ones.

UK Budget Deficit