Comments on: Some grim reading for George Osborne

By: Tom

Tom — Sun, 14 Jun 2015 23:02:00 +0000

I’d be surprised if ‘years’ – they were parrotting Tory line and accusing Labour of overspending not too long ago. Opportunists through and through.

By: Torybushhug

Torybushhug — Sun, 14 Jun 2015 10:42:00 +0000

Here we go again, the left desperate to borrow more, but when the inevitable downturn comes along we are left dangerously exposed and leaden.

Can’t the left be a little more imaginative? Spending and borrowing is thier only tune.

By: Nigel de Gruchy

Nigel de Gruchy — Tue, 09 Jun 2015 16:36:00 +0000

Yes, this is absolutely true. Furthermore, Osborne quietly abandoned his ‘big economic plan’ in 2012 to rely upon the osmosis of the so called free market to producer growth, and began using quantitative easing which he had described as “the modern equivalent of printing money” and something only done “by a government that had run out of options” when Brown and Darling had deployed QE a few years earlier. Only then did Osborne produce some growth, albeit not of the best kind and still seriously ‘unbalanced’ in favour of finance and housing.

By: interiris

interiris — Sun, 07 Jun 2015 06:46:00 +0000

you only have to look at the Canadian economy at the time who did not deregulate the banks and weathered the storm with a strong dollar and money to invest in developing projects. but people brought the conservative line hook line and sinker

By: Rod price

Rod price — Sat, 06 Jun 2015 13:23:00 +0000

Why did the common left not say it from 2010 onwards the debt lie is the rotten foundation on which the Tory house of cards has been built. If we (the left, labour and others) had time and time again said THIS IS TORY LIE, we wouldn’t have the mandateless “Gvt” we have now!

By: marichsmart

marichsmart — Sat, 06 Jun 2015 11:25:00 +0000

In reply to rioisace. That is one of the best answers I've read in a long time

By: Anne Duncan

Anne Duncan — Fri, 05 Jun 2015 10:02:00 +0000

In reply to David McKendrick.

Yes it is.. and many well known and respected Economists (one a Noble prize winner) agree, as do the Greens. Westminster is the only government that haven’t dropped austerity because it not only doesn’t help the economy… it makes the economy worse (proven many times). You can’t sell your way out of debt forever… eventually you’ll have nothing left to sell.

By: Gary Westhead

Gary Westhead — Fri, 05 Jun 2015 00:02:00 +0000

In reply to David McKendrick. Yes!

By: Brian

Brian — Thu, 04 Jun 2015 22:55:00 +0000

In reply to marje arnold. Cos they're pish?

By: Brian

Brian — Thu, 04 Jun 2015 22:54:00 +0000

Stewart Hosie the Deputy Leader of the SNP was saying just that today on his Queens speech amendment on Austerity. The Labour Party abstained. Another blow for the cause of socialism hahahaaaaaaaa. Red Tories OUT!