Just caught the end of BBC Breakfast News this morning, and they had Jeffrey Archer on. It’s very funny how previous political losers – like Archer, William Hague, and so on – have miraculously been given a voice. It’s just a shame that they don’t have the skill to use it – although the idiots who gave them the opportunity in the first place (the electorate) are probably too stupid to pick up on what crap they are being fed.
Over the last few days, these has-beens have repeatedly been chirruping “we must do something about the deficit, we must do something about the deficit” . They then talk about how many billions of £s the deficit is (£160 billion for 2009). This is carefully worded to suggest that under a Tory government it was zero.
Firstly, the deficit has increased due to the recession . In 2006 and 2007 it was around £30 billion. In 2008 it jumped to £7 billion (and that was the year that I noticed the recesion affecting me). In 2009 it hit £160 billion.
Secondly, the national debt (as a percentage of GDP) was at around 45% when Labour came into power. Over the next 5 years it fell to its lowest of around 30% in 2002, and then it was annually 30% (2003), 33% (2004), 35% (2005), 35% (2006), 36% (2007) – but it next jumped to 45% in 2008 and then to 60% in 2009… in the recession .
So basically, the Labour government controlled the debt extremely well until the recession hit. The idiots who voted didn’t take this into account (probably because they didn’t know or understand).
Thirdly, Germany’s national debt is running at 60% of GDP. The USA’s national debt has been running at 60% since 1988! The Japanese national debt has been around 60% since 1980, and since 1990 it has rocketed up to 180%.
So here we can see that the likes of Jeffrey Archer and William Hague – who think thay can talk the talk, but who can’t walk the walk – have ample headroom to mislead the public. The only problem is that the public can’t think the think, and are taken in. But then, these were the idiots who voted for this new government.
The market economy depends on there being a debt. In fact, after a recession an increased debt is likely to fuel recovery. And during a recession, an increasing debt is unavoidable… if things are being managed properly.
With this new coalition, we have a mish-mash government with mish-mashed policies which NONE of the people who voted for Tory or LibDem actually wanted. If the LibDem voters wanted the Tories in, they would have voted Tory! The only reason they have all voted in hindsight that they approve of the deal is that it is the only chance in hell they have of getting anywhere near government.
So after all the bluster about non-elected Prime Ministers, we have what is effectively a non-elected government. This isn’t what people voted for.