ON TOP OF DEBT OR MIRED IN IT?
By David Vance On May 6th, 2012The trouble about political rhetoric is that reality exposes the stunning paucity of it. UK Chancellor Osborne has been insisting that he is “on top of the National Debt” The problem is that our National Debt is actually rising from £1 trillion to over £1.4 trillion – before it’s supposed to fall. Get that? That’s a mere 40% increase in debt as we go through the fearsome but illusionary era of “savage cuts”! It’s funny how much of the UK media is completely detached from this economic reality and instead bleats on and on about government induced austerity when in fact, as the statistic shows, we see even MORE spending. Yes, under Labour spending would have been totally suicidal and we would now be a northern Greece, but Osborne has not got the Debt under control or anything like it. The reason is because he fears how the media would represent it and how Labour would then benefit. All in all, it’s a thankless task being Chancellor but he will be judged on what he achieves rather than what he says. At this point, Government is spending MORE than did Brown’s lunatic regime. Yet this is UK style austerity. Remarkable,
UK media is completely detached from this economic reality and instead bleats on and on about government induced austerity when in fact, as the statistic shows, we see even MORE spending.
Government spending or increased liabilities? There is a subtle but significant difference.
If Labour get in again, and it is a distinct possibility because there are so many public sector welfare benefit addicts out there now, this country will sink beneath a tidal wave of debt.
Labour produces jobs by increasing the public sector or community projects -both dependent on taxes to fund them. They are reluctant to encourage real wealth production because they hate people who work hard and have business flair.
So a new Labour government will have no solution to our economic problems save to re-inflate the public sector.
Agit8ed -
What’s this “if Labour get in again?” We’re in the 15th year of New Labour government now. What’s changed in the last two years except that Gideon Osborne is taxing and spending a little more than Gordon Brown ever did, and our Armed Forces are (as all Tory governments do) more shrivelled? Nothing has changed, not a thing.
Peter Hitchens, a real conservative, is correct today:
“We’re in the 15th year of New Labour government now.”
To be fair Pete,
This country has become ADDICTED to state intervention and the Welfare State. It has become so much a part of our culture, that no one dare take the axe to the root. It’s quite scary really, but if you encourage a client base of welfare dependents and community programmes and public sector workers, you will reach an irreversible tipping point.
Agit8ed -
Yesterday a couple of people in here suggested to me that people can vote for what they like, that a democratic mandate is enough to justify what the government does.
Well we have a Tory-led government, put their by conservative people. They are entitled to expect predominently conservative policies (notwithstanding they haven’t had any for 60 years).
Whether or not to sustain the Welfare State is a choice. This government chooses to uphold it.
Pete – David Cameron was voted as leader of the Conservative Party by the membership of that party. I remember that election and how vacuous Cameron was even then as opposed to the more substantial David Davis. The Conservative Party made its choice and it was treasonable: let the bastards reap what they sowed because there is nothing conservative about them.
Chancellor Osborne, is a Bilderberger, and he will do what he is told … end of.
Bilderberg 2011: George Osborne attending as chancellorCharlie Skelton spots some interesting names on the delegate list
http://www.guardian.co.uk/world/blog/2011/jun/10/bilderberg-2011-charlie-skelton
From the Gruaniad .. no less.
“Whether or not to sustain the Welfare State is a choice. This government chooses to uphold it.”
Pete,as I said earlier,
“It’s quite scary really, but if you encourage a client base of welfare dependents and community programmes and public sector workers, you will reach an irreversible tipping point.”
That is the problem. That and David Cameron not being a Conservative..
That is the problem. That and David Cameron not being a Conservative..
posted by Agit8 .. and the main problem, that Dave, is a Bilderberger.. ‘ meet the new boss, exactly the same as the old boss’ when, oh when, is the MSM going to catch up?
Harri – the MSM exists to ensure that people don’t become aware of the old boss / new boss paradigm.