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Post by Deleted on Feb 10, 2024 7:00:01 GMT
Labour propaganda. If there'd been real austerity, government would have run a budget surplus since 2010 and national debt would have fallen year on year. It's amazing how far this country has slipped into brainless copy and pastes by people who cannot even fathom basic concepts. |
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Post by Totheleft on Feb 10, 2024 7:03:28 GMT
The sharp increase in government borrowing in 2020–21 was entirely due to spending rising – as opposed to tax revenues falling – as a share of GDP
. This is shown in the following chart.
Huge amounts have been spent in response to COVID-19, including on the furlough schemes for employees and the self-employed and on personal protective equipment (PPE), the test-and-trace scheme and the vaccine roll-out. The amount spent on increasing the generosity of working-age benefits since April 2020 –April 2020 – notably the £20 per week uplift to universal credit and tax credits – has been bigger than that spent in response to the financial crisis.
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Post by Totheleft on Feb 10, 2024 7:06:25 GMT
Labour propaganda. If there'd been real austerity, government would have run a budget surplus since 2010 and national debt would have fallen year on year. It's amazing how far this country has slipped into brainless copy and pastes by people who cannot even fathom basic concepts. Your Breaking the Forum rules by Name Calling . What I'd a Common occurrence of you. Hope the Mods Notice . |
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Post by Deleted on Feb 10, 2024 7:12:31 GMT
It's amazing how far this country has slipped into brainless copy and pastes by people who cannot even fathom basic concepts. Your Breaking the Forum rules by Name Calling . What I'd a Common occurrence of you. Hope the Mods Notice . I was responding to Vinny and didn't direct my post toward anyone in particular or call anyone names. I'm sorry you do not understand English. |
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Post by Vinny on Feb 10, 2024 7:15:31 GMT
Government debt increased between 2010 and 2015, 2015 and 2017, it wasn't until after our vote to leave the crappy EU and Philip Hammond was Chancellor that the UK actually ran a surplus albeit intermittently. One of the problems we had was that the £ was overvalued and was holding back the economy.
When we voted to leave the EU, in the words of remoaners, the pound crashed, but exports were suddenly competitive. As a result we did better, unemployment fell to the lowest rate since 1975. So, running a surplus is better, because in the long term, far less tax is required to do the same job as debt is not being serviced.
If we could get national debt down to zero, we could absolutely slash taxes and still have more money for the important stuff, like the military and the emergency services as we wouldn't be servicing debt.
Take a look at debt as a percentage of government expenditure, it needs wiping out. Then we can focus on what we actually need to spend our taxes on.
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Post by Totheleft on Feb 10, 2024 7:19:17 GMT
Your Breaking the Forum rules by Name Calling . What I'd a Common occurrence of you. Hope the Mods Notice . I was responding to Vinny and didn't direct my post toward anyone in particular or call anyone names. I'm sorry you do not understand English. |
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Post by Totheleft on Feb 10, 2024 7:20:52 GMT
I was responding to Vinny and didn't direct my post toward anyone in particular or call anyone names. I'm sorry you do not understand English. sorry you do not understand English. At it again hope the mods Notice.. |
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Post by zanygame on Feb 10, 2024 7:45:40 GMT
When I was a lad of eight some 57 years ago I lived in a village with loads of unused land. I could walk for 4 miles to the next village without seeing a soul or leaving the woods that stretched between them. As my boys grew up I used to take them wild camping, that is to say camping not in camp sites. But in recent years this proved impossible. So my opinion is that there are now more people than the land can happily support. 1,Why is there massive housing on them.sites . 2, or do you think Some land owners have restricted the use of there land? . 3,And I Could show you there Massive areas of unbuilt green land in this country. 4,Also I know your Area Cambridge haS a large influx but by and large immigrants settle in Urban areas. 5,And most house building happens on Brown land. 1, No we still only have 14% as urban 2, Certainly, the growing wealth gap has lead to much land being held as private estates 3, Yes, that land is all farmed, where a lot used to be undeveloped/unused. 4, I'm not talking about Cambridge. I used to wild camp all over the country. but I disagree about your view of Cambridge, the new towns like Northstowe are urban. 5, Can you offer evidence of that? Anecdotally I see the opposite. But as I say, its the loss of undeveloped wild land in England being turned over to farming to feed the growing population that is the problem. England currently has only 8% of land unused, its 20% in France. |
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Post by zanygame on Feb 10, 2024 7:50:56 GMT
That word salad makes absolutely no sense at all. Austerity is a reduction in government spending not an increase. Would that reduction also not.has high increase in spending . If the a increase its not by the rate of other Governments. I posted a Chart on NHS spending over it's Seventy Years history and it shown post 2010 Government spending compared by GPD was 40% on Average pre 2010 it was 45% the only time it was beaten when it was money Spent on Colvid and that was 50% plus . Don't know how you can try and say there no Measures and often use the Money spent on NHS .when it's more often below the increase spent by other Governments I did post the Chart on this thread and a other post both have gone do you know why . Here you hit the nail on the head. I am constantly amazed how many UK citizens want new treatments that constantly develop in health, but don't want to pay any more for them. But don't expect anyone on this forum to address this point, I have tried many many times. |
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Post by Totheleft on Feb 10, 2024 8:20:57 GMT
Government debt increased between 2010 and 2015, 2015 and 2017, it wasn't until after our vote to leave the crappy EU and Philip Hammond was Chancellor that the UK actually ran a surplus albeit intermittently. One of the problems we had was that the £ was overvalued and was holding back the economy. When we voted to leave the EU, in the words of remoaners, the pound crashed, but exports were suddenly competitive. As a result we did better, unemployment fell to the lowest rate since 1975. So, running a surplus is better, because in the long term, far less tax is required to do the same job as debt is not being serviced. If we could get national debt down to zero, we could absolutely slash taxes and still have more money for the important stuff, like the military and the emergency services as we wouldn't be servicing debt. Take a look at debt as a percentage of government expenditure, it needs wiping out. Then we can focus on what we actually need to spend our taxes on. Oh vinny don't know why you keep. Reposting the same Rubbish of none existing benefits of Brexit I've told you before these super trade exports has done nothing for the Country except increase the nation dept. The overall trade deficit was £67 billion in 2022. The UK had a trade deficit with the EU of £83 billion in 2022 and a trade surplus of £16 billion with non-EU countries. The trade deficit with all countries increased to £5.9 billion in the three months to November 2023 compared with the previous three months. researchbriefings.files.parliament.uk › ...PDF E1: Trade - UK Parliament That's another reason why the country In so much dept it's the Effect Brexit had on the Economy. |
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Post by Vinny on Feb 10, 2024 8:30:27 GMT
The trade deficit has fallen as a percentage.
Your propaganda doesn't take into account inflation.
Inflation adjusted trade stats from when we were in the EU, everything was worse than it is now.
You are crying about nothing.
When we were in the EU it wasn't working. Why do you think Ford stopped producing vehicles here.
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Post by Totheleft on Feb 10, 2024 9:07:34 GMT
The trade deficit has fallen as a percentage. Your propaganda doesn't take into account inflation. Inflation adjusted trade stats from when we were in the EU, everything was worse than it is now. You are crying about nothing. When we were in the EU it wasn't working. Why do you think Ford stopped producing vehicles here. So on reality exports trade hasn't increased in real terms has you say . Has the Deficit increased yes or no |
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Post by Vinny on Feb 10, 2024 9:41:52 GMT
Trade has increased in real terms, the percentage of trade deficit has fallen in real terms. And you are fussing over nothing.
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Post by Totheleft on Feb 10, 2024 11:35:35 GMT
Trade has increased in real terms, the percentage of trade deficit has fallen in real terms. And you are fussing over nothing. Talk about twisting things how on earth has trade deficit fallen in real terms . When we're billions of pounds worse of including inflation. The meaning of real terms “In real terms” means the change in a financial number after correcting for the effect of inflation. For example, if a company's revenues have increased 4% over the previous year, but prices were (on average) 2% higher than in the previous year, then its revenues have only increased 2% in real terms. moneyterms.co.uk › real-terms Real terms - Economics - Moneytermsp |
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Post by Vinny on Feb 10, 2024 13:22:57 GMT
The trade deficit as a percentage of trade is down, work it out.
2016 UK exported £235.8 billion to EU whilst we imported £318 billion from EU.
Trade deficit with EU was 25.8%.
2022 UK exported £340 billion to EU and imported £423 billion from EU, UK EU trade deficit was 19%.
Engage brain.
As a percentage the trade deficit has fallen dramatically.
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