Page 8 of 8 FirstFirst ... 678
Results 71 to 78 of 78

Thread: Tories

  1. #71
    Join Date
    Aug 2012
    Posts
    13,088
    You cannot possibly be that stupid. Like rros, lies are easier than truth. Last 10 years of tory govt, national debt has reached 2.5trn? In 2010, about 1trn, due in whole to the bank bailout. When do you get honest?

  2. #72
    Join Date
    Feb 2012
    Posts
    12,087
    Quote Originally Posted by BCram View Post
    Which part of the truth do you dispute?
    All of it....probably.😁

  3. #73
    Join Date
    Jun 2013
    Posts
    2,587
    Quote Originally Posted by Taintedice View Post
    You cannot possibly be that stupid. Like rros, lies are easier than truth. Last 10 years of tory govt, national debt has reached 2.5trn? In 2010, about 1trn, due in whole to the bank bailout. When do you get honest?
    The point I was trying to make was the whole bank bailout happened when Gordon Brown was Prime Minister and followed on from Tony Blair who was Prime Minister from 1997 to 2007. When the Cameron/Clegg government took over the borrowing had been put in place and
    it was to 2010 budget by Osborne that brought in austerity as a way of getting the finances back under control.

    The previous time was when Denis Healey had to get a loan from the IMF to bail out the Callaghan Government in 1976. They struggled with the restrictions imposed by the IMF and eventually Callaghan lost by 1 vote a vote of no confidence. Interestingly the 11 SNP members voted with the Tories, now there's a surprise, and at the subsequent election in came Margaret Thatcher who changed from Keynesian spending plans to Monetarist spending plans which reduced government spending and tried to repair government finances.

    You and I can disagree about whether these policies Monetarism or Austerity were good decisions but I don't think you can deny that on these two occasions the Conservative Governments were following Labour Governments that had got themselves into a mess.
    Last edited by BCram; 05-05-2021 at 07:08 PM.

  4. #74
    Join Date
    Jun 2013
    Posts
    2,587
    Sorry, missed out final point, surely you accept that Government debt has been essential to battle covid. The money has been borrowed to keep businesses open, and pay for lockdowns/furlough.

  5. #75
    Join Date
    Feb 2012
    Posts
    12,087
    Quote Originally Posted by BCram View Post
    Sorry, missed out final point, surely you accept that Government debt has been essential to battle covid. The money has been borrowed to keep businesses open, and pay for lockdowns/furlough.
    Essential because of Govt policy and public hysteria....not essential because of covid.

  6. #76
    Join Date
    Jun 2013
    Posts
    2,587
    Quote Originally Posted by Returnofrros View Post
    Essential because of Govt policy and public hysteria....not essential because of covid.
    Good point!

  7. #77
    Join Date
    Aug 2012
    Posts
    13,088
    Quote Originally Posted by BCram View Post
    Sorry, missed out final point, surely you accept that Government debt has been essential to battle covid. The money has been borrowed to keep businesses open, and pay for lockdowns/furlough.
    Gordon Brown bailed out the banks, that wasn't labour policy, the tories would have done the same thing. Thatcher was delivered Scotland's oil wealth on a silver platter, that's what funded her regime. There is no economic policy now, only political ideology e.g. austerity

  8. #78
    Join Date
    Jun 2013
    Posts
    2,587
    Quote Originally Posted by Taintedice View Post
    Gordon Brown bailed out the banks, that wasn't labour policy, the tories would have done the same thing. Thatcher was delivered Scotland's oil wealth on a silver platter, that's what funded her regime. There is no economic policy now, only political ideology e.g. austerity
    Pragmatic economic decisions were made by both Labour and Conservative Governments. Economic policy and political ideology always have to respond to events, IMO.
    Will be interesting to see how election results turn out. Maybe Sarwar will manage to recapture the Labour voters in his attempt to win the seat at the expense of Nicola? People who do not want independence have in the past voted SNP. Perhaps the mood of the country has changed and working to repair the damage caused by the way covid has been treated might be more important to Scottish voters than independence.

    If my football score predicting form is anything to go by Nicola will be OK, but wouldn't it be a shock if Sarwar came close to winning her seat?

Page 8 of 8 FirstFirst ... 678

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •