Labour SUCKS...

they dont give a crap about low income families

Thank god you just confirmed my gut feeling that you are inadequate of basic mathematics my friend. If you had read anything I had said you would know borrowing will have always increased under any government and what happens when a country continues to borrow? Yes you guessed it you, the debt will increase. Since Labour created an economy dependent on borrowing where year on year borrowing increases of course Tories would of borrowed more. Any government would of. It's basic economics and common sense, seriously everyone who followed economics knew this was the case from the begginning. All of us who follow the climate knew this was ganno happen from the second the Tories came into power, even the government knew it.

Why didn't they tell everyone? Because people like you who read the daily mail or guardian would apply your 2 minute lesson of economics from the article and make a childish judgement call on the policy.

Clearing Labour's mess takes time. Before you tackle debt you tackle deficit which evidently they did. Basic economics my friend. No doubt you will head to university and study art but still claim Labour have economic competence.

Before you tackle debt you tackle deficit which evidently they did

What you fail to understand is Labour created a borrowing dependent economy. .

lol conservatives want to help our country's economy get it right...they dont give a crap about low income families imo 1%pay freeze for the rest of the country is BS whilst they get a payrise(yes i know they cant choose it) but they are all lying about reinvesting it into charities...all politicians are corrupt

Calm down.

What I was referring to was this:

In 2010 Osborne predicted that debt would peak at 67.2% of GDP in 2015 and then start falling. The debt has reached 90.6% of GDP (2013 figures) and it's still growing. He first promised to get rid of the deficit by 2015, then by 2017-2018, and since winning the election this has again been pushed back to 2019-2020. So even on his own terms, he's not great.

Losing the AAA rating in 2013 and then blaming it on Labour is pathetic.

The only two Labour governments who have ever increased UK debt as a % of GDP were the Ramsay MacDonald government of 1929-31, which coincided with the Wall Street Crash (they left a 12% increase), and the Blair-Brown government of 1997-2010, which coincided with the 2008 crash (they left an 11% increase). The rest all left office with UK debt as a % of GDP lower than what it was when they entered.

Take note that in 1997, UK debt as a % of GDP was at 48.7%. In 2007, the last year before the crash, this had lowered to 43.7%. Of course, the crash messed everything up, but Osborne has only increased the debt since (unlike the post-war pre-Thatcher governments, which managed to take debt down from 237% of GDP in 1947 to 43% in 1979 by investing and, indeed, starting up - not diluting and cutting - social housing, the NHS and the welfare state). Clearly, that strategy worked far better than Gideon's is.

I enjoyed your ad hominems. Thank you.

Edited to add: I just noticed this part of your post again, which amused me -



They haven't even halved it, when they promised to eliminate it by now. Their 2015 election manifesto had "we've cut the deficit by a third" proudly emblazoned on their posters... when really it was just an admission of missed targets. So, like I said, they failed on their own terms.

He's not even a qualified economist. He is a former towel-folder at Selfridges with a 2.1 BA in history. Where?