Quote:
Originally Posted by andrewb
Neither am I. The alternative though is more pain but over a slightly longer time. I'd rather the Government spend money on educating our children than paying billions of pounds in interest to bankers over a longer period. Slower cuts mean more pain over a longer period resulting in growing debt.
The country already has quite enough debt and if business and markets don't think we have a credible plan to deal with it quickly, yes the country would be hugely damaged.
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The point is that the Tories, the ones pulling the strings despite all this facade of a coalition, are punishing the country in a terrible way for what the banks have done to us so they can give the banks even more of our money. The recursive logic could only possibly have come from a party filled with rich men who have no idea what the 'breadline' is.
A nationalised bank would be the answer. How many people would transfer their savings to a 100% secure Bank of England which helps the country at the same time?
Don't come back at me with any of Labour's mistakes, I'm fully aware of what they were, but making even bigger ones is not the answer.
Make cuts by all means but just slow down a bit, Gideon.