Labours reckless spending in the last few months in office...

[Spun Cuppa]

Perhaps they could form a band...

called DC/NC

and cover this one?

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[Eastleigh Seagull]

BoF - the first story is not an example of last-ditch crazy spending. The second story (again) doesn't have actual examples. I heard that interview on 5 live and was surprised then.

I'm not saying that this is spin by the new govt, just that they should give the public examples if they want us to believe what they're telling us.

Absolutely - because running up a deficit of £160bn+ could only consisted of sound rational decisions in public spending. They were spending money that they didnt have and ran up a deficit far outstretching anything seen in history - it was reckless.

 

[Spun Cuppa]

Absolutely - because running up a deficit of £160bn+ could only consisted of sound rational decisions in public spending. They were spending money that they didnt have and ran up a deficit far outstretching anything seen in history - it was reckless.

Of course this only happened in England? There was a worldwide Credit Crunch, and the Government propped up our financial institutions, rather than allow the whole sector to implode. Was there an alternative course that could have been taken?

 

[beorhthelm]

Of course this only happened in England? There was a worldwide Credit Crunch, and the Government propped up our financial institutions, rather than allow the whole sector to implode. Was there an alternative course that could have been taken?

the £160bn deficit is from public sector spending and doesnt include the LOANS made to the banking sector.

 

[withdeanwombat]

Of course this only happened in England? There was a worldwide Credit Crunch, and the Government propped up our financial institutions, rather than allow the whole sector to implode. Was there an alternative course that could have been taken?

Oh come on.Of course there was. The whole sector could have been left to implode.It is what many people wanted so that "we",the great unwashed,could have "our" way.The fact that many other countries did the same whilst their "we" applauded should,of course,be ignored.

North Stand Chat speaks...........some of North Stand Chat listens to itself.Talk about loud sounding nothing !

 

[larus]

Me.Not only would I not have guessed it.

I wouldn't believe it ,either.

Nor should you.

The letter has been shown to be one of the rare bits of humour in an otherwise humourless situation,though I'm not surprised the right wing deferentials on NSC should take it up.

You really shouldn't let the Rupert press and the private school righties use you so easily.

Try to have your own thoughts,even if it gives you a headache.

Notthing to do with the letter. Perhaps you should READ the ARTICLE before posting crap.
"Oh, it's negative about Labour, therefore it must be wrong".

This is from Civil Servants who are 'supposedly' independant.

 

[drew]

There are two issues here. The first relates to Labour's spending plans as outlined in their budgets, whether or not you agree with them. The second is whether ministers decided months ago that the election was lost and therefore deliberately spent excessively to cause as much damage to whatever new government came in. Even though I see myself as a socialist, if ministers acted in a cavalier fashion purely because they thought the election was lost and not for the good of the nation then when the letters are published they should be hung out to dry.

 

[vulture]

new labour = c u n t s

 

[zego]

It happens all the time - Governments are there to govern.

Civil servants collect and analyse data, and attempt to make clear the consequences of possible actions.

If a Minister chooses an action that is not that 'preferred' by the Permanent Secretary, then it is normal and reasonable to state why he has made that choice.

We choose, however imperfectly, the team to make the decisions we want. We don't have any choice about Civil Service personnel.

BBC is not above making a drama out of nothing - they're in a ratings battle every day, like all the others in the media hothouse.

 

[bhaexpress]

Want to save money ? Start by cutting back on the Civil Service, easy.

 

[Eastleigh Seagull]

Of course this only happened in England? There was a worldwide Credit Crunch, and the Government propped up our financial institutions, rather than allow the whole sector to implode. Was there an alternative course that could have been taken?

As stated by beorhtelm the bank bailout money doesnt touch this figure. So yes, the UK deficit is pretty much up there as the worst in the world coupled with hte fact that the recession in the UK was longer and deeper than every other major economy. So if it wasnt the government's fault for spending recklessly beyond its means then are there any other people to blame?

 

[Lord Bracknell]

What a surprise. LORD B's mob have f***ed us all up big time. It seems funny that Lord B is keeping quiet!

Sorry to disappoint. I've been too busy at work, dealing with a string of public spending cuts that have been afflicting us for the last couple of years.

 

[seagullsovergrimsby]

The same happened back in 1997 when Labour got in , a massive deficit that the Tories tried to hide in the reams of paperwork.

 

[zefarelly]

Anybody watched George Osborne since he got made Chancellor? Looks like a rabbit caught in the headlights of an oncoming truck. Absolutely shitting himself. Very much doubt that intellectual pygmy will even make it to the end of the first fifty days of the Condems. He'll be ripped to shreds by the City boys. Game over.

couldn't agre more there

 

[k2bluesky]

We are already beyond the event horizon of the financial black hole thanks to Captain Brown's economic prudence - don't hold your breath for the 'recovery', the crushing singularity will soon bring relief.

 

[withdeanwombat]

We are already beyond the event horizon of the financial black hole thanks to Captain Brown's economic prudence - don't hold your breath for the 'recovery', the crushing singularity will soon bring relief.

How do "we" know this?

Apparently,Poyet already has his feet under the desk at West Ham.

 

[Freddie Goodwin.]

Want to save money ? Start by cutting back on the Civil Service, easy.

Then try ringing a govn department (like HMRC) and see how long it takes to get a response.

 

[simonsimon]

The Bullingdon Bullies are enjoying a spinning honeymoon at the moment. Coupled with their anti Labour lies and the removal of the independance of the 1922 conservative back bench organisation, the Cameron/Traitor Clegg axis has hopefully already peaked, and the public will soon see through this egotistical self seeking coalition.

 

[withdeanwombat]

As stated by beorhtelm the bank bailout money doesnt touch this figure. So yes, the UK deficit is pretty much up there as the worst in the world coupled with hte fact that the recession in the UK was longer and deeper than every other major economy. So if it wasnt the government's fault for spending recklessly beyond its means then are there any other people to blame?

Mr R. Slade is one who springs to mind. My Mum (too much g & t),My brother overspent on Spurs,my dogs (too many bonios.) Err,Portsmouth and Crystal Palace.Man Utd bought Berbatov.Oh.........the list goes on.

 

[drew]

As stated by beorhtelm the bank bailout money doesnt touch this figure. So yes, the UK deficit is pretty much up there as the worst in the world coupled with hte fact that the recession in the UK was longer and deeper than every other major economy. So if it wasnt the government's fault for spending recklessly beyond its means then are there any other people to blame?

What's your source with regard to the UK having the 'deepest' recession compared to all the other major economies. First I've heard of it. My understanding was that whilst we were in recession longer than other economies, we didn't suffer as badly. Taking as an example the first quarter of 2009, Germany's economy shrank by 3.8%, Italy by 2.4. Ours shrank by 1.9%. Over the same quarter, USA shrank by 5.4%. Now, I'm not claiming to be an expert and just gleaned the above from the following link. However, I stand to be corrected.

Europe in deepest recession since War as Germany suffers - Telegraph