Quote:
Originally Posted by UserSince2005
**** they will burn this country to the ground with the debt they put us in.
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Its the Tories need to run a surplus that will burn this country to the ground but because the majority of voters extrapolate government surplus with their own households, we allow the government to tax us, more than it spends on us. Government surplus is a government destroying money and telling us to grow at the same time!!
The surplus run in the lead up to the 1920s is what led to the great depression. It wasn't the British Labour party who caused the crash of 2007-8, it was Clinton's attempt to run a government surplus (just like our government are presently doing). You have to ask yourself why the Tories want to run a surplus when they are the only institution in this country that owns its own bank. The government can indefinitely finance things like free education without obligation to ever repay.
The Labour government wants to run a deficit, financed by the central bank (money we never have to pay back apart from taxes) and spend money into the economy. Running a deficit stimulates the economy and it gives us an educated youth that are not encumbered by private debt but like I said before; because the masses generally liken government deficit to their own household debt, they will continue believing that Labour will burn this country to the ground.