Thread: 20% vat
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Old 04-01-2011, 07:25   #42
Boeing Guy
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Re: 20% vat

Let us not forget what great things Gordon brown did for us....

1. For the first 10 years of this Labour government we had a booming economy due to the unsustainable house price bubble and poor financial regulation. During this rich period the then Chancellor, Gordon Brown, failed to pay off the national debt, he sold our gold off at a rock bottom price, raided pensions, in fact he went on a spending spree until the money ran out.

2. When the money ran out, Gordon Brown introduced his numerous stealth taxes, but yet again, he did not use the money raised to pay off the national debt, he just carried on spending until the money ran out.

3. When the money from his stealth taxes ran out, Gordon started to borrow money - actually increasing our national debt. He continued to borrow and spend all the way up to the recession leaving our country weak an poorly placed to weather the storm.

4. Gordon Brown told us that we were best placed to face the recession. We now know that Gordon was not exactly telling the truth. Out of all the major economies we were the first into recession and the last out. Gordon Brown's uncontrolled spending very nearly took this country over a cliff.
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