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Old 07-28-12, 04:07 PM   #806
XabbaRus
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Thing is, you all bash the tories for bringing in cuts, but what do you do when you don't have money?

Seriously seems to be some chips on shoulders here. We had Labour running free with the money, Blair and Brown cosying up with the banks.

We have massive debt due to previous government borrowing to fund public services. Global Economy crashes and debts start getting called in, Euro zone also on the brink, so how does anyone suggest we reduce our debts?

Borrow money to fund public service programmes in the hope it stimulates the economy, money that needs to be paid back later.

If you are in debt you don't borrow more to pay off the debt unless you know you can then pay off the debt.

Tory doesn't = toff automatically.
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