Actually, when he took office in 2007, Osborne found a note on his desk that had been left by the outgoing Labour Chancellor, Gordon Brown, "Good luck. There is no money."
Well, there is money, just not money monetized yet. Grow yourself some Gerbera daisies, trade them for some kippers.
posted on 02/26/2012 5:15:43 PM PST
Just raise taxes much more. The people will understand.(/lib speak)
posted on 02/26/2012 5:17:44 PM PST
(Don't argue with my posts. I typed while under sniper fire..)
The money and the investment and the jobs need to come from the private sector.
posted on 02/26/2012 5:25:40 PM PST
(Silence Is Consent)
The something-for-nothing crowd is the same everywhere. And they never understand. The solution is simple: “Cut spending and cut government!”
Government does not produce wealth. It only consumes it. The bigger the government, the more wealth it destroys!
posted on 02/26/2012 5:34:35 PM PST
(Weep for the lost Republic! And keep your powder dry!!)
Well he must not be much of a treasury guy ... just do like we do ... print some. Even a guy who can operate Turbo Tax figured that out.
posted on 02/26/2012 5:38:16 PM PST
(There's a pill for just about everything ... except stupid!)
posted on 02/26/2012 5:38:36 PM PST
(I am voting for Sarah after getting screwed again by the DC Thugs.)
I'm sure that there is still lots of money for windmills, solar panels, carbon credits and all the other loony stuff to ‘fight’ global warming. The brits just need to tighten their belts a bit and quit spending so much on frivolous things like shelter, food and clothing.
posted on 02/26/2012 5:49:55 PM PST
(Obama has the solution to every problem....pond scum.)
So Lady Thatcher was right, eh?
posted on 02/26/2012 6:01:56 PM PST
the Chancellor said there was little the Coalition could do to stimulate the economy.
Absolute BS. Like nobama and his thugs, if they would just get the F* outta the way the economy would recover on it's own. But, NOOOOOOOOOO... they gotta tinker with this and tinker with that. Meanwhile the country goes to hell.
posted on 02/26/2012 6:06:58 PM PST
("The heart of the wise inclines to the right, but the heart of the fool to the left." Ecclas. 10:2)
They raised taxes and recieved LESS revenue!
Now they “cannot afford tax cuts”
They could get another half billion if they cut the rates back to where they were. They won’t though. Too bad they already spent that and much more in advanced.
posted on 02/26/2012 6:25:47 PM PST
(The Right to Life came before the Right to Pursue Happiness)
posted on 02/26/2012 6:45:35 PM PST
(The LORD is Holy, separated from all sin, perfect, righteous, high and lifted up.)
Go figure. No, really...go figure. Our external debt to GDP ratio is about 102%. The UK’s external debt to GDP ratio is 478%.
(pssst...It’s the socialism, stupid.)
Socialism is legal plunder - Frederic Bastiat 1801-1850
Above all, if you wish to be strong, begin by rooting out every particle of socialism that may have crept into your legislation. This will be no light task. - Frederic Bastiat 1801-1850
posted on 02/26/2012 7:10:23 PM PST
they finally ran out of other peoples money...
posted on 02/26/2012 7:25:22 PM PST
(American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
The coalition with the Liberal-Democrats was a poison pill for the Tories. With it, came the necessity of raising taxes. This, in turn, caused tax receipts, and the economy, to decline. The alternative, however, was four more years of Labour. This was a bit like it would be for us to decide between Romney and Obama in November.
Surely there’s a printing press in the basement they can crank up and start churning out hundred pound notes.
After all, it “worked” for America, it’ll surely work for Merry Olde England.
posted on 02/26/2012 8:23:44 PM PST
(Warning: Sarcasm/humor is always engaged. Failure to recognize this may lead to misunderstandings.)
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