Who cares? Its the same policies implemented by different people. Whatever you vote you get the same.
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Tories on 29 percent
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Hmm. One lot spends and spends and creates a massive deficit, the other lot's policy is to cut that back to create a smaller deficit.Originally posted by escapeUK View PostWho cares? Its the same policies implemented by different people. Whatever you vote you get the same.
Not quite the same policies, I'd say the opposite actually.Comment
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This poll is no way accurate. The Tories have got way less than 29%.
Of course they could stop the U-turns and go for growth.Comment
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I believe the tories can't change the cuts, as they want to have paid off as much as they can by the end of the 4th year, meaning they can offer the moon on a stick for the 5th year in tax cuts, etc. It is, for me, the only way they can get elected.
People are that stupid, they'd quickly forget 4 lean years with a nice profitable one. Memory seems problematic to the average person on the street, why, otherwise, would labour be so popular? They're the ones that shagged us.
If the cuts stop, Cons don't have a get out in the final 2 budgets. I fully believe this, and expect it, and am basing my financial planning around it.Comment
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So both their policies are to overspend on stuff we dont need? Just one by a bit less, which is alleged, im actually not seeing or hearing of any of these alleged cuts, austerity my ass. Austerity is when you cant afford to eat, its not when you cancel the Sky movie subscription while running 3 cars.Originally posted by Doggy Styles View PostHmm. One lot spends and spends and creates a massive deficit, the other lot's policy is to cut that back to create a smaller deficit.
Not quite the same policies, I'd say the opposite actually.
Whats their policy on Europe. Same.
Immigration. Same.
Intrusive state. Same.
Foreign aid. Same.
Government spending in billions:-
2004-05 492.4
2005-06 524.0
2006-07 549.8
2007-08 583.1
2008-09 629.8
2009-10 670.1
2010-11 687.9
2011-12 687.6
2012-13 683.4
2013-14 720
2014-15 733.5
2015-16 744
2016-17 756.3
Point out to me which is the austerity years. Every year it was as much or more than the previous one.Last edited by escapeUK; 11 June 2012, 10:52.Comment
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Outside of the UK, it's economic plan is seen as a failure, too much cutting has caused growth to stall.Comment
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From 2005-2010 spending increased at 30 to 40 billion per year. From 2010 to date it averages about 5 billion. Two different governments, two different sets of numbers.Originally posted by escapeUK View PostSo both their policies are to overspend on stuff we dont need? Just one by a bit less, which is alleged, im actually not seeing or hearing of any of these alleged cuts, austerity my ass. Austerity is when you cant afford to eat, its not when you cancel the Sky movie subscription while running 3 cars.
Whats their policy on Europe. Same.
Immigration. Same.
Intrusive state. Same.
Foreign aid. Same.
Government spending in billions:-
2004-05 492.4
2005-06 524.0
2006-07 549.8
2007-08 583.1
2008-09 629.8
2009-10 670.1
2010-11 687.9
2011-12 687.6
2012-13 683.4
2013-14 720
2014-15 733.5
2015-16 744
2016-17 756.3
Point out to me which is the austerity years. Every year it was as much or more than the previous one.
Remember this is absolute terms, spend will nearly always go up anyway due to real inflation and the numbers take no account of growth covering increases. What matters is the difference between spend and income - the deficit.
Austerity hasn't hit the UK yet, and may never do in the strictest sense of the word. However, the current government is obviously starting to reduce costs, hence the unrest among some public service workers and moaning from the opposition.Comment
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Yes it's their public policy meanwhile they continue to borrow almost nearly as much as the other!Originally posted by Doggy Styles View PostHmm. One lot spends and spends and creates a massive deficit, the other lot's policy is to cut that back to create a smaller deficit.
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Originally posted by russell View PostOutside of the UK, it's economic plan is seen as a failure, too much cutting has caused growth to stall.
What cutting?
Their biggest achievement is probably changing from one way of calculating inflation to another (more favourable for Govt as it would mean less indexing of pensions for public sector).
They also keep interest rates on bonds low thanks to money printing - this helps them reduce future payments on debt which as the result means they will need to borrow less to repay previous lenders in this ponzi scheme.Comment
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