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How's that deficit reduction going so far?

Pretty fucking shit. Falling wages, tax receipts and productivity. All part of securing our economic security

 

http://uk.businessinsider.com/this-is-why-george-osborne-misses-his-deficit-targets-over-and-over-again--and-why-he-might-keep-missing-them-2015-6

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Pretty fucking shit. Falling wages, tax receipts and productivity. All part of securing our economic security

 

http://uk.businessinsider.com/this-is-why-george-osborne-misses-his-deficit-targets-over-and-over-again--and-why-he-might-keep-missing-them-2015-6

:lol:

 

Wages are rising at their fastest for 6 years (and that's before the living wage hike kicks in) and tax receipts are down because income taxes have been cut again and again over the last 6 years.

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:lol:

 

Wages are rising at their fastest for 6 years (and that's before the living wage hike kicks in) and tax receipts are down because income taxes have been cut again and again over the last 6 years.

 

Are they rising in line with or ahead of inflation? Serious question, am actually curious.

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:lol:

 

Wages are rising at their fastest for 6 years (and that's before the living wage hike kicks in) and tax receipts are down because income taxes have been cut again and again over the last 6 years.

Aye, finally, and only recently. They've been shite throughout osborne's time as chancellor, as have living standards.

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Yeah, Thanks Labour for spending all the money.

Thanks Tories for doing fuck all to stimulate the economy and for treating us to blanket austerity for five years.

 

Look at the US compared to us. That's what our recovery could have looked like if we didn't have an iron cunt as chancellor.

Edited by Dr Gloom
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Thanks Tories for doing fuck all to stimulate the economy and for treating us to blanket austerity for five years.

 

Look at the US compared to us. That's what our recovery could have looked like if we didn't have an iron cunt as chancellor.

Fastest growing advanced economy in the WORLD for the last two years!!!!!!!

 

Sorry it took them a few years to sort out Labours mess.

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GDP: not rising as fast as expected

The much vaunted deficit: going the opposite direction to what cuntface wants it to go in.

 

Wage inflation has got fuck all to do with Osborne, it's a function of the fact that people haven't had a pay rise for years and businesses no longer have an excuse as we emerge slowly from a recession.

 

Osborne is doing an absolutely terrible job and is going to get more and more desperate as his chances of leading the Tories go up in smoke. It would be funny if his desperation didn't manifest itself as a shit time for the poor.

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Fastest growing advanced economy in the WORLD for the last two years!!!!!!!

 

Sorry it took them a few years to sort out Labours mess.

The US spent its way to recovery and recover it did. Quickly.

 

Ours was the slowest recovery since the 1920s.

 

Despite recent strong growth, blanket austerity, and a public sector pay freeze. We are still running a budget deficit of about 5% of GDP.

 

All going swimmingly. Thanks, Gideon.

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Recovery slowest since records began.

 

http://www.independent.co.uk/news/uk/home-news/recovery-of-uk-economy-slowest-ever-say-unions-10432717.html.

 

It's only a matter of time before China's middle class overtake ours. :lol:

 

We simply have to find a way to reignite the manufacturing base. Low interest rates are a big help but inward investment is the key.

 

The problem we have now is the EU regulations reg state investment and protectionism. The Germans have a way round this but I can't remember what it is...

Edited by Park Life
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Both the IFS and CEBR saying cock nose will be well short of his deficit target by 2020.

 

Social care, health and the police to bear the brunt of his cuts today. Sounds like a great idea George, who needs any of that shit?

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