yeah, like STF up...labour only know one thing and thats spend spend spend and keep on spending, and when they get lobbed out theyll just put on their smug faces and blame everybody and everything else but themselves for the schitstorms ....same as always..
The more you post about McDonnell, the more I like him. And he isn't wrong here.
Cuts to services save very little money. The cuts in the name of so called austerity are merely the Conservatives' ideological quest for a small public service. The cuts are not necessary, they are a choice.
Taking away Disable Living Allowance in the same week you give the well off a tax break is a political choice rather than a prudent move.
The laughable Osborne talks about balancing the budget and making it illegal to set a deficit budget. Meanwhile he has borrowed £75billion this year and has missed his spending target yet again.
And the national debt, which was £980bn in 2010 is now over £1.5TRILLION.
//Mr McDonnell said under a Labour government borrowing would fund investment in new skills, infrastructure and technology.//
i know that as the party of opposition they don't (yet) have to set out anything detailed, but what on earth would "investment in new skills, infrastructure and technology" actually entail? does that mean the government in waiting actually doing some real good for the country and the majority of those living here? or is it a new way of spinning the tired old labour mantra of "build more schools! build more hospitals!" - a policy, incidentally, in which recent labour governments don't exactly have a unblemished track record....
http://www.dailymail.co.uk/news/article-3488566/Parklands-90m-zombie-school-NO-pupils-financial-scandal-blight-children-s-lives.html
he wasn't obliged to though. he and gordon brown embraced the policy more comprehensively than major ever did. and most of the damage done by the policy was at their hands.
Brown, for all his faults, delivered 4 straight surplus budgets. He balanced the books, which is something Osborne has never managed to do. All the good work was undone when we had to borrow hundreds of billions to save inept banks 'that were too big to fail'.