Sunday, 22 December 2013
National Debt Soars To Level Of Last Tory Government.
All the evidence now available shows quite clearly that George Osborne's insane austerity drive is literally killing the country. Shrinking wages, cost-of-living rises, the theft and fencing of national assets to criminal corporate gangs, the blackmail of greedy bankers, tax evasion by the rich, greedy and selfish, the deliberate pauperisation of the vast majority and the persecution of the sick and disabled have delivered only mounting debt. In fact the national debt now stands at the highest level since 1989 - "coincidentally" the last time that the Tory party unleashed their primitive and barbaric ideology on the economy. The reason for this totally predictable outcome - predictable to everyone except the insane Tory party - is the reduction in demand that austerity brings. In the past reducing demand have been used to cool an overheating economy while no one in their right mind would do so to further cool an economy experiencing the equivalent of an ice age. This is not economics, it is madness and only a party driven collectively insane by their own greed, selfishness and idiotic ideology would even contemplate it. The economy needs a stimulus not a general anaesthetic, a shot in the arm not its life blood deliberately being drained away. The Tories are not only destroying the economy in an act of pure vandalism, they are demanding that ordinary hardworking people should not only bear the brunt but, as Esther McVey told us only a couple of days ago, should be prepared to starve to achieve the Tory wet dream of returning us to the 19th century.