In the past, the Tories have (with some justification it must be said) accused Labour Governments of profligacy when it comes to the nations finances!
Surprise, surprise then that the UK National debt is now at £2 trillion and to put that into some sort of perspective; If you spent £10,000 per day every day since the pyramids were built, right up until today then you still would not be broke. Now some of that debt will obviously be due to the economic affects and measures taken to nullify the Covid Pandemic!
But it is a fact that there were 4 recessions during Thatcher's reign and a further 3 during Major's term and this is the only way Alexander Boris de Pfeffel Johnson will be remembered in terms of Conservative and Unionist history.
will be that he presided over the largest borrowing requirement in the history of the UK !
An after thought when we're discussing indebtedness and an apparent inability to give the needy fiscal help such as the NHS.
This, notwithstanding the apparent shortage of funds it appears that his government has sanctioned a 27% increase in Peers allowances and expenses and Bojo has increased their number by 5% when he included the new raft of flunkies in ermine.
The political Richter Scale is starting to register as despite his puerile attempts to woo the North of Britain a.k.a. Scotland, the demand for Independence is on an inexorable rise with the formal figures at 55% - 45% pro Independence and informal responses much higher.
SAOR ALBA THA GLE MHATH !!
No comments:
Post a Comment