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Well done the coalition government

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By (user no longer on site) OP     over a year ago

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.

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By (user no longer on site)  over a year ago


"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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By *yrdwomanWoman  over a year ago

Putting the 'cum' in Eboracum


"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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By (user no longer on site)  over a year ago


"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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By (user no longer on site)  over a year ago

Unfortunately for me it is a lesser of two evils. The Tories (coalition) promise so much and deliver so little, show little care for the struggling (pensioners and low income families) and seem to be buttering up the mass affluent for the next election when they'll need massive financial support.

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By *icketysplitsWoman  over a year ago

Way over Yonder, that's where I'm bound


"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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By *kywatcherMan  over a year ago

Southwick


"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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By *aughtynigel02121980Man  over a year ago

Brandon

No matter what the next election brings i don't think we can please everyone. Some People vote labour, some people vote lib dems, conservative ect ect. for as long as we live I don't think we will see an end to our country being in debt in our lifetime.

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By (user no longer on site)  over a year ago


"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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By *ap AdgeMan  over a year ago

Wirral

the deficit is caused also by google vodaphoe who pay no tax dot forget the rich too

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By (user no longer on site)  over a year ago

[Removed by poster at 11/10/12 13:25:05]

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By (user no longer on site)  over a year ago

They're all greedy, self-serving and completely out of touch with reality.

Plus, whichever party is in office, the system behind them remains largely the same. The same Civil "Servants" and many of the advisors remain. This ensures continuity of entitlement, greed, ridiculous levels of perks and, at worst, corruption. The political machine will suck in and corrupt most of those who set out with good intentions.

We don't have a good political option in this country at the moment and I don't see that changing any time soon.

The entire "democratic" system needs an overhaul.

For example, we vote for local MPs. We usually choose the person we feel will represent us best, and do the most for our area. However, once elected, any MP supporting the wishes of their constituents in opposition to their party's stance, will have a short, dead-end career.

All parties will pander to big business and the wealthy because they want the support, and because that group includes them, or is the group they aspire to.

They'll always pick on the powerless at the bottom of the heap because they're easy targets and because the majority of politicians are so privileged that they neither understand, nor care about, that section of society.

It concerns me that none of the parties seem to see the 'big picture' of the changes they are making now.

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By *ctavius StuntMan  over a year ago

london

I find it funny how peeps believe in politics. Your vote is a con trick that makes you believe you have some say in what goes on. The truth is you dont.Your vote is meaningless. I wouldnt even mind but its not politicians who call the shots, parliament and the uk were bought and sold long ago. As regards the national debt well its an illusion. A debt caused by money which was created out of thin air is an illusion. There is no debt.

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By (user no longer on site)  over a year ago

So how can you say that industry is down plus you only have to walk down the high street and see all the boarded up shops to see how well we are doing x

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By *ctavius StuntMan  over a year ago

london


"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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By (user no longer on site)  over a year ago

it's the cumulative effect of years of leaders of industry and government running exploitative hidden agendas which serve to line their own pockets.

Twas ever thus ...........

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By (user no longer on site)  over a year ago

Oh dear Maggies children never learn

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By (user no longer on site)  over a year ago

never mind there are plenty of us plebs around to pay up to finance the debts. A few beans less in the gruel won't be noticed.

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By (user no longer on site)  over a year ago

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.

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By (user no longer on site)  over a year ago


"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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By (user no longer on site)  over a year ago

Nice to to know only rich people have good ideas

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By *yrdwomanWoman  over a year ago

Putting the 'cum' in Eboracum


"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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By (user no longer on site)  over a year ago


"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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By (user no longer on site)  over a year ago


"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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By *kywatcherMan  over a year ago

Southwick


"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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