Economy Safe In Osbornes Hands ?

[mikey4444]

Government borrowing worst October figure in six years

http://www.bbc.co.uk/news/business-34877455

Osbornes been in Office as a Tory Chancellor for over 5 years, so why is he still not able to make the books add up ?

[janbee]

You mean butterfingers Gideon? NOTHING is safe in his greasy paws.

[mikey4444]

lol Janbee !

[Sqad]

Great answer janbee.......mikey will give you best answer for that!

[mikey4444]

The Tories are in a mess. They have lost control of the economy, they have upset the BMA to such an extent that the Doctors are soon to go out on strike, and they have lost an important bit of legislation in the House of Lords ( of all places ! ) All this so soon after their narrow victory in the May Election.

[mikey4444]

No he won't !

[Jackdaw33]

I don't think their victory will be quite so narrow next time, thanks to Jezza.

[mikey4444]

At the rate of all these balls-ups that dave and Co are making, you may be surprised jack. It was said that the Tories were trusted on the economy....so why are the October figures in my link so bad then ?

[ToraToraTora]

well he's got a lot of WSS to pay for......

[mikey4444]

Come on now TTT....WSS ?

[ichkeria]

Osborne is one of the most incompetent chancellors in living memory.
It isn't that he is stupid - he is driven by ideology and in hock to a foreign communist regime (sounds like a Mail conspiracy theory about someone else). His name isn't Jeremy Corbyn however, and he doesn't have a beard, so that may save him, though if he gets out of the tax credits fiasco unscathed he'll be Houdini not Gideon any more.

[Hopkirk]

You think this is bad?

Imagine if Ed Balls was chancellor!

[New Judge]

He has no more lost control of the economy than the Chancellors from 1997 to 2010 did, Mikey. The plain fact is that the country spends more than it earns. This is true of individuals (on average) and of the government.

Unless and until the huge sums spent on worthless unproductive public sector jobs (no, not doctors and nurses), the large sums spent on "Overseas Aid", the ridiculous sums spent of Tax Credits and Housing Benefits, and the huige sums spent on State Pensions which have not been funded by the recipients are reduced drastically then this will continue to be so. It's not a Tory thing or a Labour thing. It is a UK thing. The UK is addicted to debt (both personal and national) and like all addictions it's hard to shake off.

[Quizmonster]

His latest omni-shambles concerned IN-WORK tax credits, which - obviously to most of us - has nothing to do with WSS!

[ToraToraTora]

you forgot the 600,000, local authority diversity Tsars, 5 a day coordinators and assorted non jobs created by His Tonyness Judge.

[naomi24]

Well, he could try flogging our gold reserves at knock down prices, or what about rifling the working man's pension pot? Oh, no wait .....

[bazwillrun]

One thing you can always be sure of...its safer than in Lie and Bores hands...wed be totally bankrupt by now, we'd be begging for bailouts like Greece

just poor old sad and adrift mikey trying to deflect attention from his non party

[Mosaic]

ooh baz, so bitter and yet so young.....

Mikey, are you having a party? And didn't you invite Baz? Shame on you.

The chump Osborne and his classmates are very pleased with the economy that they experience. It's just that they're not like unto normal people who have to make a living.

[Ellipsis]

> Well, he could try flogging our gold reserves at knock down prices, or what about rifling the working man's pension pot?

Or doubling (aka "abolishing") the lowest rate of tax ...

[naomi24]

^Yes, that was a good one too. Doubt it would work again though - except on the REALLY gullible perhaps.