Strong and stable, party of fiscal responsibility, fear the chaos of bacon sandwich!
Or is it, and bear with me here, the fault of the _last Labour Government_?
Again another ponzi pyramidal scheme. Too easy to always kick the can down the street. Start reimbursing and contain the debt. Future generations will be very unhappy. But anyway in the long term we are all dead. This is why nothing serious is being done to fight climate change. Lol
So thats a whole Crossrail per month, where does all that go? Every month?
Lot’s of people decide to save in Sterling, and apparently that’s a bad thing. When did saving become a bad thing?
Increase in government debt = increase in net private financial savings.
Decrease in government debt = decrease in net private financial savings.
Those are the hard laws of accounting identity. Those who want government debt reduced want to steal our savings or put us further in debt.
If prices are to stop rising then we need people saving more, and spending less, or taxes will need to be higher and government will need to spend less – ie sack more civil servants.
As ever with these headline always ask – *cui bono?*
It’s interesting how the Tories borrow from the BoE to bail us out with a paltry council tax rebate that barely makes a dent (& that, because it’s debt, means it’ll have to be paid back with interest down the line), meanwhile they help themselves to the tax purse and fail to chase up tax-dodging businesses that could have paid for the rebate several times over – no debt required.
What a fucking joke.
Here you go everyone. The party of fiscal responsibility.
​
But labour would borrow us into oblivion.
The isn’t the pandemic, that’s “over”. This isn’t the war in Ukraine, because we’ve only provided them with a fraction of this amount.
This is the Tories governing with utter incompetance.
Amazingly there are still people who believe that the Tories are the “safe pair of hands” for the economy, the ‘party of fiscal responsibility’ even after all these years.
Genuinely fascinating to see everyone acting like this is a bad thing.
Presumably we should bring in large cuts to get that down. Would that make everyone happy?
Surprised it’s not the highest borrowing figure since records began, mad mad printed. And people wonder why inflation is sky rocketing lol.
Corporate Profits in the United Kingdom averaged 42954.85 GBP Million from 1955 until 2022,
reaching an all time high of 139210 GBP Million in the first quarter of
2022 and a record low of 931 GBP Million in the first quarter of 1955.
Why do people say “I vote Tory for the economy” when the last decade or so has proved how utterly fucking useless they are, and that people’s situations have worsened, especially over the last year or so?
I mean, really, would a Labour government be any worse?
aw diddums.
How could labour spend all this money and get away with it???? – Boris Johnson
#PARTY OF FISCAL RESPONSIBILITY RIGHT FOLKS?
Well, they found a spare billion pounds to bribe the DUP – which went well.
Get that back, plus full enquiries into the scandalous gifting of more billions to their pals for useless and none existent PPE and we’re laughing. Add to that all the other dodgy contracts they’ve handed out and it’s quite a pretty penny. Take back the literal billions and jail these corrupt feckers while we’re at it. Lovely.
Tax the rich. Fucking tax the money-grubbing cunts and their friends. Claim money back from the fraudulent PPE & Testing contracts. Stop spending money on focus groups to improve your image. Stop paying money to media outlets like the Mail & the Sun. Tax companies what they’re supposed to be taxed. Windfall tax on those making billions of profit from rising prices.
I wonder how this will affect the nebulous deficit
Maybe they should talk to StepChange or consider a debt consolidation loan.
And they want to give me a credit score number
Labour: “Sorry, no money left.”
Tories: “Labour thought the money was all gone, lefty morons – just borrow more. *hic*”
Bedwetters crying for lockdown backfires spectacularly.
Borrow to promote growth to pay it back. It’s not 2010, can we stop with the anti borrowing, national credit card bollocks?
Forgive me if I’m mistaken, I’m not an economist.
But, could the fact that we aren’t seeing a windfall tax – and are instead borrowing a lot of money – mean that the people we are not taxing are in fact the same people “borrowing” us money. In other words, could they have offered to borrow us money rather than pay a windfall tax?
They will use this as an excuse to do barely anything about the COLC.
The macro economy is not the same as a household. All Tory policy has done over the past decade is make people’s lives miserable and lead the UK economy down into a contractionary death spiral.
27 comments
Strong and stable, party of fiscal responsibility, fear the chaos of bacon sandwich!
Or is it, and bear with me here, the fault of the _last Labour Government_?
Again another ponzi pyramidal scheme. Too easy to always kick the can down the street. Start reimbursing and contain the debt. Future generations will be very unhappy. But anyway in the long term we are all dead. This is why nothing serious is being done to fight climate change. Lol
So thats a whole Crossrail per month, where does all that go? Every month?
Lot’s of people decide to save in Sterling, and apparently that’s a bad thing. When did saving become a bad thing?
Increase in government debt = increase in net private financial savings.
Decrease in government debt = decrease in net private financial savings.
Those are the hard laws of accounting identity. Those who want government debt reduced want to steal our savings or put us further in debt.
If prices are to stop rising then we need people saving more, and spending less, or taxes will need to be higher and government will need to spend less – ie sack more civil servants.
As ever with these headline always ask – *cui bono?*
It’s interesting how the Tories borrow from the BoE to bail us out with a paltry council tax rebate that barely makes a dent (& that, because it’s debt, means it’ll have to be paid back with interest down the line), meanwhile they help themselves to the tax purse and fail to chase up tax-dodging businesses that could have paid for the rebate several times over – no debt required.
What a fucking joke.
Here you go everyone. The party of fiscal responsibility.
​
But labour would borrow us into oblivion.
The isn’t the pandemic, that’s “over”. This isn’t the war in Ukraine, because we’ve only provided them with a fraction of this amount.
This is the Tories governing with utter incompetance.
Amazingly there are still people who believe that the Tories are the “safe pair of hands” for the economy, the ‘party of fiscal responsibility’ even after all these years.
Genuinely fascinating to see everyone acting like this is a bad thing.
Presumably we should bring in large cuts to get that down. Would that make everyone happy?
Surprised it’s not the highest borrowing figure since records began, mad mad printed. And people wonder why inflation is sky rocketing lol.
Love the different headline from the BBC
Government borrowing lower than expected in April
https://www.bbc.co.uk/news/business-61561682
The government spent 18 billion on Covid response procurement contracts. Over 3.7 billion of that money has been red-flagged by Transparency International in their [recent report on systemic corruption](https://www.transparency.org.uk/track-and-trace-uk-PPE-procurement-corruption-risk-VIP-lane)
Corporate Profits in the United Kingdom averaged 42954.85 GBP Million from 1955 until 2022,
reaching an all time high of 139210 GBP Million in the first quarter of
2022 and a record low of 931 GBP Million in the first quarter of 1955.
Why do people say “I vote Tory for the economy” when the last decade or so has proved how utterly fucking useless they are, and that people’s situations have worsened, especially over the last year or so?
I mean, really, would a Labour government be any worse?
aw diddums.
How could labour spend all this money and get away with it???? – Boris Johnson
#PARTY OF FISCAL RESPONSIBILITY RIGHT FOLKS?
Well, they found a spare billion pounds to bribe the DUP – which went well.
Get that back, plus full enquiries into the scandalous gifting of more billions to their pals for useless and none existent PPE and we’re laughing. Add to that all the other dodgy contracts they’ve handed out and it’s quite a pretty penny. Take back the literal billions and jail these corrupt feckers while we’re at it. Lovely.
Tax the rich. Fucking tax the money-grubbing cunts and their friends. Claim money back from the fraudulent PPE & Testing contracts. Stop spending money on focus groups to improve your image. Stop paying money to media outlets like the Mail & the Sun. Tax companies what they’re supposed to be taxed. Windfall tax on those making billions of profit from rising prices.
I wonder how this will affect the nebulous deficit
Maybe they should talk to StepChange or consider a debt consolidation loan.
And they want to give me a credit score number
Labour: “Sorry, no money left.”
Tories: “Labour thought the money was all gone, lefty morons – just borrow more. *hic*”
Bedwetters crying for lockdown backfires spectacularly.
Borrow to promote growth to pay it back. It’s not 2010, can we stop with the anti borrowing, national credit card bollocks?
Forgive me if I’m mistaken, I’m not an economist.
But, could the fact that we aren’t seeing a windfall tax – and are instead borrowing a lot of money – mean that the people we are not taxing are in fact the same people “borrowing” us money. In other words, could they have offered to borrow us money rather than pay a windfall tax?
They will use this as an excuse to do barely anything about the COLC.
The macro economy is not the same as a household. All Tory policy has done over the past decade is make people’s lives miserable and lead the UK economy down into a contractionary death spiral.