Re: Put your money where your mouth is : Thu Jun 07, 2012 8:48 am
Him wrote:
... But to achieve that stupendous, magnificent, awe-inspiring feat of a 25% reduction they have increased Local government borrowing by 400%, cut investment by 40% (and projected to go into negative figures next year), and increased debt as a % of GDP by around 40%.
In essence, they've really fcked it up.
In essence, they've really fcked it up.
Yup, that's about the level of it.
Plus students now have to borrow more to buy an education, millions are out of work, disabled people and terminally-ill people are being reclassified as fit to work, many people "in the middle" have been moved up a tax band and GDP is still flatlining.
But hey, rich people now pay less tax, so it's not all bad.
Don't forget, we're all in it together.