Ball's Austerity
There was a piece on Radio 4 reporting on the Labour Party Conference this year. Apparently Ball's Austerity is "different" from Osborne's Austerity. Osborne said under Ball's plan the National Debt would rise and rise. I'm sorry but isn't that exactly what it has been doing under Osborne? Why isn't the BBC and the media challenging these barefaced lies? In case you wanted to know the broad figures for the Gross National Debt, here they are:
FY 2015* | £1.36 trillion |
FY 2014 | £1.26 trillion |
FY 2013 | £1.19 trillion |
FY 2012 | £1.10 trillion |
FY 2011 | £0.91 trillion |
FY 2010 | £0.76 trillion |
FY 2009 | £0.62 trillion |
FY 2008 | £0.53 trillion | | | | | |
*The forecast is estimated by The Treasury
So under Osborne the Gross National Debt has pretty well DOUBLED!
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