Ahem

"Finally, Labour in 1997 inherited a debt of 42% of GDP. By the start of the global banking crises 2008 the debt had fallen to 35% - a near 22% reduction. Surprisingly, a debt of 42% was not seen as a major problem and yet at 35% the sky was falling down?"

Posted By: CB41 on May 7th 2015 at 13:27:15

Message Thread

PM Chelts (General Chat) - Ralf Scrampton, May 7, 12:25:32
- I cant recall it (General Chat) - Cheltenham_Canary, May 7, 12:37:24
  - oh arr, that wasn't intended as having a go - how many people even know what's in a manife (General Chat) - Ralf Scrampton, May 7, 12:45:46
    - Agree entirely (General Chat) - Cheltenham_Canary, May 7, 13:11:45
      - ain't no argument here bro (General Chat) - Ralf Scrampton, May 7, 13:32:24
        
        And i agree with your earlier point (General Chat) - Cheltenham_Canary, May 7, 13:36:04
        
        including the coalition made up of one party that wins a majority (n/m) (General Chat) - Ralf Scrampton, May 7, 13:55:03
        
        Indeed. (n/m) (General Chat) - CB41, May 7, 14:06:59
      - Ahem (General Chat) - CB41, May 7, 13:27:15
        
        Ahem (General Chat) - Cheltenham_Canary, May 7, 13:33:52
        
        I'm not arguing bud. Tbh, I'm right fucked off with the whole thing now. One thing (General Chat) - CB41, May 7, 13:40:29
        
        Likewise! (General Chat) - Cheltenham_Canary, May 7, 13:45:04
        
        You sure as hell wont get any of that if we leave the EEC that's for sure (General Chat) - CB41, May 7, 13:47:34
        
        I agree entirely (General Chat) - Cheltenham_Canary, May 7, 14:14:32
        
        We will if there's a referendum. (n/m) (General Chat) - CB41, May 7, 14:18:26
        
        No we wont (General Chat) - Cheltenham_Canary, May 7, 15:00:44
        
        .... (General Chat) - CB41, May 7, 15:07:37
        
        Debt and defecit - two totally different things, the latter was the problem (n/m) (General Chat) - Kirrie, May 7, 13:31:09
        
        But the defecit was at an all time high. (n/m) (General Chat) - Kirrie, May 7, 13:29:34
        
        ... (General Chat) - CB41, May 7, 13:32:56
        
        Ah...the Guardian, that's OK then. (n/m) (General Chat) - Kirrie, May 7, 15:03:19
        
        Also in the Indie which has endorsed the Coalition (n/m) (General Chat) - CB41, May 7, 15:08:15
        
        Its better quoting some independent body like the IFS. (n/m) (General Chat) - Kirrie, May 7, 15:20:29
        
        There is no such thing as an independent body - they all have an axe to grind (n/m) (General Chat) - CB41, May 7, 15:25:37
        
        Possibly right, but they're about as independent as you'll get. (n/m) (General Chat) - Kirrie, May 7, 15:27:52
        
        .... (General Chat) - CB41, May 7, 13:32:05
        
        In 1997? so it would seem (n/m) (General Chat) - CB41, May 7, 13:31:42

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