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Old 6th Jun 2017, 14:22
  #9786 (permalink)  
Planemike
 
Join Date: Jan 2008
Location: Bolton ENGLAND
Age: 74
Posts: 908
Originally Posted by VP959 View Post
Sadly, the government has no money, taxpayers provide the money, and we have a level of debt that exceeds that of most other EU states. Government simply cannot spend more money without either raising taxes or borrowing more from other countries. Borrowing more could have us heading for the situation of some of the basket case economies in Europe, like Greece.

It's one reason that Labour policy, as expressed in their manifesto, is deeply flawed. They seem to be proposing levels of public spending that far exceed the ability of taxpayers in the UK to fund, which means that to do everything they are promising they will need to borrow more from other countries.

In the interest of balance, the Conservative party manifesto plans don't add up that well, either, but they are not anywhere near as wide of the mark as the Labour plans.

I think we have to accept that, just as it's always been, party manifestos are not worth the paper they are written on the day after an election. The question then comes down to which party offers the prospect of the least worst government.

Funny how the money is found instantly when it is to handed over to greedy bankers. I don't buy into this "Sadly, the government has no money".
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