Re: Homelessness : Thu Aug 01, 2019 8:43 pm
Sir Kevin Sinfield wrote:
Debt increased from 2007 because of the global financial crisis and the subsequent bailing out of the bankers, nationalising their losses, not as you claimed borrowing to properly fund the nhs, as was proved with the 1997 and 2006 figures.
In 2010 the conservatives were in power with debt at 72.5% of GDP. This has now skyrocketed to 85.2% of GDP because of the tax cuts they have given to millionaires and multinational companies, despite the devastating cuts to essential services.
In 2010 the conservatives were in power with debt at 72.5% of GDP. This has now skyrocketed to 85.2% of GDP because of the tax cuts they have given to millionaires and multinational companies, despite the devastating cuts to essential services.
But that's not true is it. Tax revenue increased by 25% between 2010 and 2017.....way ahead of inflation. It was 414bn in 2010 and in 2017 (the last figures I could find) 570bn.