Dear George...

[bazwillrun]

http://news.sky.com/story/1048399/ifs-osborne-will-have-to-borrow-more

I have a couple of suggestions that WILL HELP, not may but will help, you reduce your borrowing.

1: Stop giving/wasting billions away to foreign countries
2: Stop giving/wasting billions to the EUSSR, same 1 really

See its easy to reduce your borrowing levels without hammering your own citizens, all that money of ours that you and Dave give/throw away could be used here at home, yes here in the UK...and heres the rub, youlll get kudos for doing it, and that equates to votes and you know how much Dave and the rest of you like votes, and you know what votes means dont you George ?!....yes I thought so.

[youngmafbog]

There are many things George could do to reduce borrowing. The cuts have not gone any way near far enough and coupled with your two excellent points amount to our current problem.

But don't hold your breath, looks to me like Dave is trying to loose the next election so dear old labour still get to sort out the mess they created. This coupled with the fact the right-on liberals would never let him do what should be done.

And if they get in you will realize what austerity really is by the time the Union dinosaurs have finished.

[jake-the-peg]

Dear Baz

When giving advice to the treasury it's often a good idea to actually look at the numbers

The UK's social security spend is about 30 times its foreign aid budget and 20 times its contribution to the EU.

Anybody with even the smallest amout of commercial sense knows you cannot cut your way to the top

If you're in trouble you have to make more money

------------G R O W T H------------------

How do you grow an economy?

Well you do lots of spending cuts and reduce public confidence by continually telling everybody what a dire position we're in don't you?

DUH!!!!

Stop leaving it up to the private sector because they're not delivering growth

Invest in the country to get more people back to work = less social security payments = more taxable income = more people with money in their pockets = more private sector growth = more money to pay back the deficit

This strategy failed for Margaret Thatcher, it's failed for George Osbourne

It's the simple minded attempt to apply the economics of the housewife to a nation state

And it's the reason that every Tory PM since McMillan has lead the country into recession

[bazwillrun]

@JTP

I merely suggested two of the myriad ways that easily sprang to mind so that George would have more cash to use on whats really needed at home, and therefore need to borrow less to pay for whatever he needs to pay for.

"Anybody with even the smallest amout of commercial sense knows you cannot cut your way to the top "

Judging by that comment you obviously have none whatsover

Are you seriously suggesting that it wouldnt be worth saving the billions I mentioned because in your opinion its too small an amount to save ?

[AB Editor]

I find this a compelling argument regarding growth:

http://www.moneyweek.com/blog/growth-wont-save-us-because-there-wont-be-any-61900

(as in, there wont be any)

[Davethedog]

Ah yes Its all labours fault - The lies the media tell to get their, incompetent, mates into power.

http://www.huffingtonpost.co.uk/ramesh-patel/growth-cameron-austerity_b_2007552.html?utm_hp_ref=tw

[factor-fiction]

Hi jake- I too was brought up on Keynesian Economics which was still fashionable among the Economics professors in the 1970s, but I think the arguments you put forward are too simplistic.
You say: "Invest in the country to get more people back to work = less social security payments = more taxable income = more people with money in their pockets = more private sector growth = more money to pay back the deficit ".
But that initial investment costs money and so more borrowing is needed. That means the interest debt goes up and the interest rates the government pays goes up. Has that been factored into your theory?

[AB Editor]

Who blamed labour Dave? I think we shouldn't let such a low level of finger-pointing blame-giving enter any sensible discussion really...

[DangerUXD]

Jake is correct, 1 and 2 are small beer compared to what we give to neardowell lazy urchins who contribute nothing.

[BayBoy1]

WHEN The cons lose the next election,will they still be saying it is the fault of the previous government or just say its Labours fault???

[Quizmonster]

Ab Editor, perhaps you didn't read the first sentence of Youngmafbog's second paragraph above which reads in part..."labour still get to sort out the mess they created." Surely a perfect answer to your question..."Who blamed labour Dave?"

[pdq1]

Its obvious what the Tories are up to. They have tried it before! You cut out all the dead wood and start your growth from healthy saplings. The weak go to the wall and only the stronger fitter companies survive. The increased unemployed fight like caged rats to take any job at the lowest rate.

[DangerUXD]

err pdq1, and that's bad because.....?