Re: General Election campaign : Wed Nov 27, 2019 5:23 pm
Sir Kevin Sinfield wrote:
The Tories plan was to eliminate the deficit and reduce the national debt, that hasn’t happened, despite moving the date it was due to happen several times.
1997 when labour came to power Debt was 43.2% of GDP.
In 2007 after 10 years of labour debt was 41.5% of GDP.
It is a myth labour were running huge budget deficits before the global financial crisis.
You have stated this before and been challenged on it before, you didn’t respond and then go on to repeat the same Tory lie.
1997 when labour came to power Debt was 43.2% of GDP.
In 2007 after 10 years of labour debt was 41.5% of GDP.
It is a myth labour were running huge budget deficits before the global financial crisis.
You have stated this before and been challenged on it before, you didn’t respond and then go on to repeat the same Tory lie.
We are not talking about debt - we are talking about the deficit - i.e. the difference between government income and government spending.
The deficit in 2009, the last full year of a Labour government was £90bn - or are you saying that is untrue? - by 2009 debt as a % of GDP had started to grow it was 44% and rising it had been rising every year since 2000. It is no surprise to anyone that it fell in the first two years of the Blair government - debt as a % of GDP had been falling since the second world war it is no surprise that its low point was under the Tories under Thatcher.