Simon wrote: ↑Wed Nov 27, 2019 11:49 am
NotoriousREV wrote: ↑Wed Nov 27, 2019 11:21 am
Simon wrote: ↑Wed Nov 27, 2019 11:14 am
Sure, let's have a look at the data used to make your claim please?
And secondly, if you take both manifestos at their word, then by Labours own volition they're gonna increase borrowing massively to pay for their 'free everything' plan.
Knock yourself out:
http://www.primeeconomics.org/articles/ ... of-labours
Thanks, and thanks for confirming what I'd suspected.
Essentially, yes, the
debt is higher under the Conservatives, but in each case that's only because each Labour administration runs up a large
deficit that the Conservatives then have to reduce again. I've seen McDonald and Corbyn make the same claims in the HoC. Those claims don't stand up to scrutiny.
In general, Labour inherit a good or improving economy and proceed to spend and run up a deficit.
In general, Conservatives inherit a large annual deficit then that adds to the debt as years go on.
Oh, and all this time the Conservatives then cop the blame for trying to reduce spending (debt) and balance the books again.
Do you have data that shows that at the end of their respective terms that the
annual deficit for Labour is smaller than the Conservatives, on average?
This basically details what my thoughts are on the Labour vs Conservative front. Labour, IMHO, generally run up debt, inflate the social sector and then create a mess (witness the "there is no money left" line allegedly made when the Conservatives took power) for the next Government to deal with. I just don't trust them with the country's finances.
But having seen what Brexit now
actuallymeans, I really really don't want to leave. Having met Boris Johnson several years ago, I know he's not a baffoon etc but this '"get Brexit done" line, whilst laudable because it pushes through a democratic decision, handily ignores the fact that said decision was
nearly 3.5 years ago. Too much time has therefore past in my view for it to still be valid - people come and go, people die. It was vote in time, but times have changed.
Ergo, for the first time in my entire life I don't think I'll be voting Conservative. I also see what they've done to an industry close to a family member. Doesn't matter which industry, but what I see is that they've gone too far with austerity, and whilst I believe they had to do something because Labour created a sodding awful mess, they've gone too far the other way since then, having totally ballsed up Brexit and seen intent on hammering it through no matter what.
Edit to add - I think Dave said it too actually, 5 years of Labour is a price worth paying and we see where we are in 2024.