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Blair Savages Corbyn.
Tony Blair savages Jeremy Corbyn, branding his labour leadership a '' tragedy''.
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youngmafbog: - "Blair is not Tory in my books, that's just a smear the left adopt to fend of the fact the last labour government wrecked the economy through overspend.
Tories do not overspend, they cut back the unaffordable excesses of labour. Generally that actually works out well as we get a period of social spend followed by ensuring the country can pay for it. "
The Office for Budget Responsibility(OBR) has claimed since July the fiscal outlook has improved to an estimated £27billion OVER THE NEXT 5 years; this is not based on growth but on the influence of Quantitative Easing
and low interest rates is going to go on for that 5 years and the government spends less on debt interest, and we are going to get more income and vat tax revenue; these assumptions are based on 'modelling variations'.
The 27 billion is extra maybe money. Osborne- since his last budget in 8th july also increased borrowing by 18 billion over the next 5 years.
UK Public Sector Net debt has increased from £772 billion in 2008-2009 to £1284 billion in 2014-2015, with the current UK National Debt at £1560 billion.
http://
https:/
Tories do not overspend, they cut back the unaffordable excesses of labour. Generally that actually works out well as we get a period of social spend followed by ensuring the country can pay for it. "
The Office for Budget Responsibility(OBR) has claimed since July the fiscal outlook has improved to an estimated £27billion OVER THE NEXT 5 years; this is not based on growth but on the influence of Quantitative Easing
and low interest rates is going to go on for that 5 years and the government spends less on debt interest, and we are going to get more income and vat tax revenue; these assumptions are based on 'modelling variations'.
The 27 billion is extra maybe money. Osborne- since his last budget in 8th july also increased borrowing by 18 billion over the next 5 years.
UK Public Sector Net debt has increased from £772 billion in 2008-2009 to £1284 billion in 2014-2015, with the current UK National Debt at £1560 billion.
http://
https:/
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