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Old 13-08-2017, 08:23 AM #8
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DemolitionRed DemolitionRed is offline
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Quote:
Originally Posted by Brillopad View Post
Unlike of course the fact most of those that constantly talk of lies and false facts when it comes to Brexit then bought into Corbyn's lies on clearing all student debt and his empty promises of throwing masses of tax payers money at this that and the other when several experts have stated such claims are unaffordable and this country would end up with a Hugh deficit that would have a negative effect on the economy leading to untold problems. Pot and kettle.

Corbyn is just another Labour politician promising the earth to win an election. You would think people would get that by now. You can stick your fingers in your ears once again.
You do realize that spending comes before tax and the only thing tax is used for is paying off interest on government debt? We don't have a special pot for consumer spending or salary contributions!! QE works, providing the money is invested and guarantees a return (in tax). Therefore, investing in education is a very secure spend because the more educated professionals we have, the more they earn and the more they earn, the more they spend. That's a double whammy on tax return.

To suggest we will be paying, through our taxes, to educate students just shows a lack of understanding around how tax and deficits work. If we didn't have a deficit, the money machine would come to a grinding halt.
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