Gordon Browns has c0cked up big time!!

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14 December 2005, 06:43 PM

Petem95

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Gordon Browns has c0cked up big time!!

http://personalfinance.iii.co.uk/art...est%20Pensions

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The Chancellor plans to continue to spend the current amount – just over 5% of GDP – on state pensions for donkey’s years to come, despite the fact that there will be twice the number of pensioners to divide it amongst.

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An economic growth rate of just 1.75% when 9 months ago he said it would be 3.5%. And a budget deficit of £11 billion when he said it would be just £6 billion. Surely this time we will get an admission of getting it wrong, if not an apology?

I fail to see how even die hard NL fans can defend his record regarding pensions and the economy - as has been said by critics for some time, his policies have been TOTALLY unsustainable!

WHo's up for a recession then?.....

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14 December 2005, 07:13 PM

Spring Heeled Jack

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No problem. Just move the goalposts.

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14 December 2005, 07:36 PM

mart360

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what do you expect when they subscribe to the maxwell school of accountancy

and the most criminal part...

when it all goes **** up, he,ll walk away with impunity and blame anyone but himself...

Mart

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14 December 2005, 07:49 PM

pslewis

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I HOPE there is a recession ... I need to stock up on a few more properties

Don't bother me ....

Pete

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14 December 2005, 08:17 PM

Chip

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Quote:

Originally Posted by pslewis

I HOPE there is a recession ... I need to stock up on a few more properties

Don't bother me ....

Pete

Well theres a typical self centred LABOUR attitude isnt it

Chip

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15 December 2005, 01:41 PM

Leslie

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Just wait until the black hole and the increases in taxes start to bite, and then try to defend NL's ineptitude and incompetencey.

Les

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15 December 2005, 01:53 PM

pwhittle

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Grrr

Anyone who is like me appealling against a reclaim of tax credit overpayments will know just how innept the government are with means tested benefits.
Watchdog had some accountants trying to calculate the repayment amount on the rediculous letter they send, and none of them got the same answer at the DWP's ZX81.