This isn't something which Sir Alan flogging a few more premium bonds can solve. And with increases of £5,000+ per second, the planned £6bn tinkering which Labour and the Tories are squabbling about are the absolute minimum measures all parties should be taking.
But will TPA's Debt Clock manage to persuade our cosseted population that it's belt buckling time? Only if it turns up in Albert Square or Coronation Street, I suspect.
H/T The Devil
5 comments:
Oh it will turn up in every street.
In about a few years time.
Not the way most expect though.
The sheeples only revolt when they truly suffer.
As they say suffering is good for the soul.
Hi,
I dont think there is anyone,except the incurably stupid and the Socialist`s who do not know cuts are needed,but people do not want cuts to mean their job go`s down the pan.
I am assuming that, as a Big Fat Wad was donated to the banks, they will now repay it with humungous interest and thus pay off this debt. And because of their cuntitude, I think that's more than fair. I really think they should be shot but that would only make me feel better.
I only assume this will happen because there is no (0) other way out of it.
Fact.
I suppose we couldn't just shoot Sir Fred anyway, just for fun?
Forgive me if my calculations are incorrect, but this 6bn, won't it just rack up at this rate in 13 days anyway?
Marvo: Well, yes (maybe more than 13 days but I get your point), so the quicker we cut from the current deficit, the lesser the interest piled on the national debt.
Merry Man: Indeed. But a job is unsustainable if it is unnecessary and adding to the debt day in, day out. It's the old adage, socialists always run out of other people's money to spend. We've come to that point now, and it's inevitable that overhead has to be cut. A vast shift from public sector employment to private sector employment is needed. Quicker the better.
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