At the turn of the century, the UK debt stood at £534bn and undertook a huge jump to £1061bn in 2008 which was the year of the Global Economic Crash and when Gordon Brown's Labour Government was replaced by David Cameron's Conservatives in 2010, the National Debt was £1519bn.
One of the first things the newly elected Conservatives did was launch a mighty austerity drive to reduce the National Debt so they initiated severe reductions in public spending and put up our taxes but in 2019, when Boris Johnson gained the keys to Downing Street and declared the age of Austerity over, the UK National debt stood at £1835bn.
Today in 2024 the debt is £2296bn and looking at the Governments own figures, the debt has risen every year since 2000 and is projected to hit £2637bn in 2029 which leads me to this simple question.
As we are currently suffering the highest tax burden since the 1940's and public spending has been so horribly slashed that the Government is finding it a struggle to find where they can cut back even further, what have they done with all our money they saved not spending on public services and how economically
incompetent do you have to be to spend less but still manage to almost double our national debt in 14 years?
Friday, 22 March 2024
Oi, Where's The Money Gone Rishi?
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2 comments:
'government (sic) spending is not being reduced, the growth is being reduced'...so you say when they said they would reduce the national deficit by a combination of public spending reductions and tax increases amounting to £110 billion, they didn't mean they would reduce Government spending???
I'm sure the 300,000 civil and public servants jobs lost, the 800 libraries closed, the closure of 64 museums, 4 prisons, 57 hospitals, 66 Accident & Emergency wards, 100 swimming pools and the years of pay freeze for civil and public servants as well as VAT rises to 20%, child benefit stopped for higher earners, Education Maintenance Allowance ceased for students and disability allowance reduced saved a few quid.
Yep, the uneducated people don't understand i guess and i don't just berate you as stupid because of your terrible grammar, i also berate you as stupid for the nonsense you write and your woeful lack of understanding of things.
Your parents strict where they?
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