New Posts For Thread: deficit cut by third... is this wrong(bull)?https://community.betfair.com/chit_chat/go/thread/view/94038/30359013/deficit-cut-by-third-is-this-wrongbulli heard somewhere that George Osborne got a further loan three months ago of 400 billion? my arithmetic must be out? i thought that puts you more into debt. yet the PM has a sign behind him saying the deficit is down by a third? did they put the 400https://community.betfair.com/chit_chat/go/thread/view/94038/30359013/deficit-cut-by-third-is-this-wrongbull?post_id=541674867#541674867Wed, 01 Oct 2014 16:18:12 -0500Had the nanny state scottish government not banned duelling in 2006https://community.betfair.com/chit_chat/go/thread/view/94038/30359013/deficit-cut-by-third-is-this-wrongbull?post_id=541674863#541674863Had the nanny state scottish government not banned duelling in 2006Wed, 01 Oct 2014 16:17:52 -0500You are assuming once again that my last comment is directly related to the first. The last comment related to recent borrowing figures that have been increasing. In the old days I would instantly challenge someone to a duel, if they dared to suggeshttps://community.betfair.com/chit_chat/go/thread/view/94038/30359013/deficit-cut-by-third-is-this-wrongbull?post_id=541674849#541674849You are assuming once again that my last comment is directly related to the first. The last comment related to recent borrowing figures that have been increasing. In the old days I would instantly challenge someone to a duel, if they dared to suggesWed, 01 Oct 2014 16:16:56 -0500Borrowing £125 billion a year to pump into a economy may well present an image of recovery but it isn't one I susbscribe to. Nor incidentally do I subscribe to the notion that the economy is growing now if it is doing so in large part because we arhttps://community.betfair.com/chit_chat/go/thread/view/94038/30359013/deficit-cut-by-third-is-this-wrongbull?post_id=541674839#541674839Borrowing £125 billion a year to pump into a economy may well present an image of recovery but it isn't one I susbscribe to. Nor incidentally do I subscribe to the notion that the economy is growing now if it is doing so in large part because we arWed, 01 Oct 2014 16:15:19 -0500Report• Quote • Block User dave1357 • October 1, 2014in 2008 labour spent 582bn and the debt was 535bn. In 2013 the tories spent 673bn and the deficit was 1186bn. The deficit is widening.https://community.betfair.com/chit_chat/go/thread/view/94038/30359013/deficit-cut-by-third-is-this-wrongbull?post_id=541674817#541674817Report• Quote • Block User dave1357 • October 1, 2014in 2008 labour spent 582bn and the debt was 535bn. In 2013 the tories spent 673bn and the deficit was 1186bn. The deficit is widening.Wed, 01 Oct 2014 16:13:49 -0500What? I suggested nothing. I just highlighted that the Tories haven't substantially cut back public spending as they claim. They should be raising taxes to pay for their spending and perhaps they would be able to borrow at the same interest rates ahttps://community.betfair.com/chit_chat/go/thread/view/94038/30359013/deficit-cut-by-third-is-this-wrongbull?post_id=541674755#541674755What? I suggested nothing. I just highlighted that the Tories haven't substantially cut back public spending as they claim. They should be raising taxes to pay for their spending and perhaps they would be able to borrow at the same interest rates aWed, 01 Oct 2014 16:10:51 -0500is dave facts in disguise ?https://community.betfair.com/chit_chat/go/thread/view/94038/30359013/deficit-cut-by-third-is-this-wrongbull?post_id=541674701#541674701is dave facts in disguise ?Wed, 01 Oct 2014 16:07:46 -0500The economy was recovering until Gidiot Oafborne piped up about how he was going to crush public spending. The private sector slashed investment. Manufacturing construction and production are all still below pre-recession levels of output. Only sehttps://community.betfair.com/chit_chat/go/thread/view/94038/30359013/deficit-cut-by-third-is-this-wrongbull?post_id=541674685#541674685The economy was recovering until Gidiot Oafborne piped up about how he was going to crush public spending. The private sector slashed investment. Manufacturing construction and production are all still below pre-recession levels of output. Only seWed, 01 Oct 2014 16:06:38 -0500The deficit is not the difference between annual spending and accumulated debt as you suggest in your post of 8.05.https://community.betfair.com/chit_chat/go/thread/view/94038/30359013/deficit-cut-by-third-is-this-wrongbull?post_id=541674671#541674671The deficit is not the difference between annual spending and accumulated debt as you suggest in your post of 8.05.Wed, 01 Oct 2014 16:05:44 -0500This wasn't a typo.https://community.betfair.com/chit_chat/go/thread/view/94038/30359013/deficit-cut-by-third-is-this-wrongbull?post_id=541674651#541674651This wasn't a typo.Wed, 01 Oct 2014 16:04:12 -0500