What did Labour do for me when spanking all our money away?
Discussion
Sticks. said:
Thanks, interesting points. It'll be interesting to see the long term trends from the extra spending in health etc, as you say.
Point two of who benefits - that'll be almost all of us then, one way or another?
Yes, almost all of us will have benefitted in one way or another. From the pensioner with a BP dividend payment marginally higher because Government employees were buying more petrol, to the factory worker making cakes at a marginally higher volume because the Government was employing more people who like cakes.Point two of who benefits - that'll be almost all of us then, one way or another?
We're also left with the bill to pay and a probable way of paying that bill is through people buying marginally less petrol and marginally fewer cakes. i.e. We stole future growth, for growth today.
RPastry said:
Everyone forgetting already its the banks that f
ked the economy not the labour government?... 850 BILLION... or £5500 per UK family... then the tories come in and claw that back by cutting public sector spending while those s pat themselves on the back and carry on regardless.
whats the tories latest brilliant idea? selling our forests.
Whoosh!!!! ked the economy not the labour government?... 850 BILLION... or £5500 per UK family... then the tories come in and claw that back by cutting public sector spending while those s pat themselves on the back and carry on regardless. whats the tories latest brilliant idea? selling our forests.
RPastry said:
Everyone forgetting already its the banks that fked the economy not the labour government?... 850 BILLION... or £5500 per UK family... then the tories come in and claw that back by cutting public sector spending while those s pat themselves on the back and carry on regardless.
whats the tories latest brilliant idea? selling our forests.
The banks didn't cost ud £850 Billion so please get your facts right. The banks cost us directly £67 Billion with the potential for more as some of their liabilities were underwritten and the economy shrank a little around 6%.ked the economy not the labour government?... 850 BILLION... or £5500 per UK family... then the tories come in and claw that back by cutting public sector spending while those s pat themselves on the back and carry on regardless. whats the tories latest brilliant idea? selling our forests.
We were £494 Billion in debt BEFORE the banking crisis 42% of GDP because of reckless labour spending, not only that we were spending £170 Billion a year more than we were taking in taxes. The banking crisis just served to give Labour an excuse.
We are now as a result £1 Trillion in debt directly and £4.5 Trillion in debt if goverment liabilities are included such as pensions. The $67 Billion it cost to bail out the banks is a very small amount in comparison.
If Labour hadn't borrowed so much in the good times when they had a growing economy,doubled taxation, robbed the pension funds of tens of Billions and sold off our gold reserves when they should have been saving the banking crisis wouldn't have been a crisis,instead it would have been called a small problem.
Every single time labour have been in power the tories have had to sort out the mess.
BoRED S2upid said:
Has the spending stopped now Labour aren't in power? I know there are plans afoot but im sure I hear the spending continues.
To listen to Labour, the unions, the students and every other vested interest, you'd think that the government had turned off the money tap. In truth, cuts will amount to something like 2.6% next year, an amount you would hardly notice if cut from your household budget, unless you live a true hand-to-mouth existence, wondering whether you will eat at the next meal (as virtually nobody in this county does).BoRED S2upid said:
Has the spending stopped now Labour aren't in power? I know there are plans afoot but im sure I hear the spending continues.
Yes it does continue unfortunately. But that is because of comitments labour made. You can't take away the tax credits they gave nor pull out of the illegal wars they started, but it is such things like the aircraft carrier contracts that can't be cancelled that bug me.The coalition have a plan to reduce spending and completly illiminate the deficit by the end of this parliament, Labour said a plan to half the deficit but refuse to tell anybody what the plan was, they also was going to cut capital spending massively but again refused to say how.
They had two years from the start of the banking crisis to when they left office to do something about it yet they did nothing, except give mandy a big book of blank cheques so he could run around the country buying votes.
Introduced the National Minimum Wage and raised it to £5.52.
98% of workers were already earning the minimum wage or more before it was introduced. The minimum wage has increased way above inflation over the last 13 years, which along with the restrictive entanglement of health and safety, equality and other regulations that Layabout introduced led to the most productive, wealth creating jobs being outsourced abroad.
4. Over 14,000 more police in England and Wales.
Most of whom spend a good chunk of their day filling in forms.
6. Record levels of literacy and numeracy in schools.
bks.
7.Young people Children achieving some of the best ever results at 14, 16, and 18.
Exams have been made easier.
8. Funding for every pupil in England has doubled.
Classic Layabout spin. 'We've waved the magic fund-doubling wand so standards will automatically be twice as good from now on.'
9. Employment is at its highest level ever.
Economic inactivity is as its highest level since 1972. 10 million people aged 16-65 don't work at all.
11. 85,000 more nurses.
I'm sure they're rushed off their feet.
12. 32,000 more doctors.
Try getting hold of one out of hours.
20. Record number of students in higher education.
Record number of immigrants brought in to do the work that students used to do.
21. Child benefit up 26 per cent since 1997.
Ratboys and pramfaces have increased too, perhaps in direct proportion to the increase in child benefit?
25. On course to exceed our Kyoto target for reducing greenhouse gas emissions.
What for?
27. Over 36,000 more teachers in England and 274,000 more support staff and teaching assistants.
Standards have fallen.
28. All full time workers now have a right to 28 days paid holiday.
Again, is it any wonder so many jobs have gone abroad. People shouldn't get paid when they're not working except when they're sick.
29. A million pensioners lifted out of poverty.
By dying, presumably.
30. 600,000 children lifted out of relative poverty.
Lifted out of poverty and placed on a shelf labelled 'just above poverty', where they are destined to remain for the rest of their natural because social mobility is now virtually unattainable. (And no, sending kids to a university at the other end of the country doesn't count as social mobility.)
31. Introduced child tax credit giving more money to parents.
How about not taking it off them in the first place.
33. Brought over 1 million social homes up to standard.
Whose standard?
34. Inpatient waiting lists down by over half a million since 1997.
By persuading the sick to go away and come back when they're sicker.
35. Banned fox hunting.
Out of pure spite.
38. Banned fur farming and the testing of cosmetics on animals.
To which the fashion and cosmetic industries responded by moving farming/testing to Europe and other parts of the world. But hey, as long as we can boast it doesn't happen here...
39. Free breast cancer screening for all women aged between 50-70.
Discrimination.
98% of workers were already earning the minimum wage or more before it was introduced. The minimum wage has increased way above inflation over the last 13 years, which along with the restrictive entanglement of health and safety, equality and other regulations that Layabout introduced led to the most productive, wealth creating jobs being outsourced abroad.
4. Over 14,000 more police in England and Wales.
Most of whom spend a good chunk of their day filling in forms.
6. Record levels of literacy and numeracy in schools.
b
ks. 7.
Exams have been made easier.
8. Funding for every pupil in England has doubled.
Classic Layabout spin. 'We've waved the magic fund-doubling wand so standards will automatically be twice as good from now on.'
9. Employment is at its highest level ever.
Economic inactivity is as its highest level since 1972. 10 million people aged 16-65 don't work at all.
11. 85,000 more nurses.
I'm sure they're rushed off their feet.
12. 32,000 more doctors.
Try getting hold of one out of hours.
20. Record number of students in higher education.
Record number of immigrants brought in to do the work that students used to do.
21. Child benefit up 26 per cent since 1997.
Ratboys and pramfaces have increased too, perhaps in direct proportion to the increase in child benefit?
25. On course to exceed our Kyoto target for reducing greenhouse gas emissions.
What for?
27. Over 36,000 more teachers in England and 274,000 more support staff and teaching assistants.
Standards have fallen.
28. All full time workers now have a right to 28 days paid holiday.
Again, is it any wonder so many jobs have gone abroad. People shouldn't get paid when they're not working except when they're sick.
29. A million pensioners lifted out of poverty.
By dying, presumably.
30. 600,000 children lifted out of relative poverty.
Lifted out of poverty and placed on a shelf labelled 'just above poverty', where they are destined to remain for the rest of their natural because social mobility is now virtually unattainable. (And no, sending kids to a university at the other end of the country doesn't count as social mobility.)
31. Introduced child tax credit giving more money to parents.
How about not taking it off them in the first place.
33. Brought over 1 million social homes up to standard.
Whose standard?
34. Inpatient waiting lists down by over half a million since 1997.
By persuading the sick to go away and come back when they're sicker.
35. Banned fox hunting.
Out of pure spite.
38. Banned fur farming and the testing of cosmetics on animals.
To which the fashion and cosmetic industries responded by moving farming/testing to Europe and other parts of the world. But hey, as long as we can boast it doesn't happen here...
39. Free breast cancer screening for all women aged between 50-70.
Discrimination.
Edited by Brighton Derly on Thursday 3rd February 23:19
NoNeed said:
The banks didn't cost ud £850 Billion so please get your facts right. The banks cost us directly £67 Billion with the potential for more as some of their liabilities were underwritten and the economy shrank a little around 6%.
We were £494 Billion in debt BEFORE the banking crisis 42% of GDP because of reckless labour spending, not only that we were spending £170 Billion a year more than we were taking in taxes. The banking crisis just served to give Labour an excuse.
We are now as a result £1 Trillion in debt directly and £4.5 Trillion in debt if goverment liabilities are included such as pensions. The $67 Billion it cost to bail out the banks is a very small amount in comparison.
If Labour hadn't borrowed so much in the good times when they had a growing economy,doubled taxation, robbed the pension funds of tens of Billions and sold off our gold reserves when they should have been saving the banking crisis wouldn't have been a crisis,instead it would have been called a small problem.
Every single time labour have been in power the tories have had to sort out the mess.
I just fancied an ill-informed rant tbh. DAMN BANKERS! DAMN TORIES! GRR!We were £494 Billion in debt BEFORE the banking crisis 42% of GDP because of reckless labour spending, not only that we were spending £170 Billion a year more than we were taking in taxes. The banking crisis just served to give Labour an excuse.
We are now as a result £1 Trillion in debt directly and £4.5 Trillion in debt if goverment liabilities are included such as pensions. The $67 Billion it cost to bail out the banks is a very small amount in comparison.
If Labour hadn't borrowed so much in the good times when they had a growing economy,doubled taxation, robbed the pension funds of tens of Billions and sold off our gold reserves when they should have been saving the banking crisis wouldn't have been a crisis,instead it would have been called a small problem.
Every single time labour have been in power the tories have had to sort out the mess.
RPastry said:
I just fancied an ill-informed rant tbh. DAMN BANKERS! DAMN TORIES! GRR!
Lol 
The thing is labour will win most political arguments because they always want to do well for everybody.
They will never however win an economical argument because doing well for everyone costs far more than they could ever raise.
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