| Has Burnham focussed yet on the National debt? 23:07 - Aug 6 with 10567 views | ReslovenSwan1 |
With out doubt one of the biggest issues is national debt. It is currently hitting £3 Trillion. (A Trillion is a thousand billion.) £3,000,000,000,000. For each citizen the debt is £43,000 and growing.
The debt really kicked on after the £500 billion bankers bail out of 2009 when it was less than £1 Trillion.
The second spike was the Covid related borrowing for furlough and infrastructure etc 2020 -2021.
https://commonslibrary.parliam
I do not know what Burnham's priorities are but if it is not reducing the deficit and then debt then he is just fiddling on the roof while the house burns beneath him.
When Starmer tried to trim the budget his Chancellor was seen sobbing n the House of Commons after folding to MP pressure. He has no election for 3 years so should take unpopular decisions and cut the deficit first and then the debt.
Reform and Plaid in the Senedd is concentrating on Gender definition. If Wales went independent our share of the debt would be £150 billion. (5% of the total debt)
UK interest payment of this debt annually is £110 billion. (including my premium bond winnings)
[Post edited 6 Aug 23:13]
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| Has Burnham focussed yet on the National debt? on 17:44 - Aug 24 with 1807 views | trampie |
This country used to have a small wealth equality gap now its one of the most unequal societies in Europe after Thatchers policies, we need to redistribute wealth again, its shocking that we have food banks and its shocking that apparently some working people have to use them, its Thatchers legacy, she gave the countries wealth away to her rich friends via tax cuts.and sold the countries family silver off for a song the housing stock, our nationalised industries, she was never forgiven and never will be forgiven by a lot of people including me. |  |
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| Has Burnham focussed yet on the National debt? on 17:50 - Aug 24 with 1790 views | Whiterockin |
| Has Burnham focussed yet on the National debt? on 17:44 - Aug 24 by trampie |
This country used to have a small wealth equality gap now its one of the most unequal societies in Europe after Thatchers policies, we need to redistribute wealth again, its shocking that we have food banks and its shocking that apparently some working people have to use them, its Thatchers legacy, she gave the countries wealth away to her rich friends via tax cuts.and sold the countries family silver off for a song the housing stock, our nationalised industries, she was never forgiven and never will be forgiven by a lot of people including me. |
There are food banks all over Europe, it shouldn't be necessary but it is, we are not so unequal. Did Thatcher make the decisions for Europe and leave a legacy. Keep digging. |  | | |
| Has Burnham focussed yet on the National debt? on 17:59 - Aug 24 with 1725 views | trampie |
| Has Burnham focussed yet on the National debt? on 17:50 - Aug 24 by Whiterockin |
There are food banks all over Europe, it shouldn't be necessary but it is, we are not so unequal. Did Thatcher make the decisions for Europe and leave a legacy. Keep digging. |
It's necessary because of right wing neo liberal capitalist policies that have taken over large parts of the World, the mega rich are hoovering up all the wealth and everyone else is getting poorer.
The mega rich own the media and own the politicians, Farage is said to have been given 5 million pounds, if he gets into power he will be doing what rich backers want him to do and that will only serve to further benefit the rich and further disadvantage the less well off. | |
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| Has Burnham focussed yet on the National debt? on 18:01 - Aug 24 with 1739 views | Whiterockin |
| Has Burnham focussed yet on the National debt? on 17:59 - Aug 24 by trampie |
It's necessary because of right wing neo liberal capitalist policies that have taken over large parts of the World, the mega rich are hoovering up all the wealth and everyone else is getting poorer.
The mega rich own the media and own the politicians, Farage is said to have been given 5 million pounds, if he gets into power he will be doing what rich backers want him to do and that will only serve to further benefit the rich and further disadvantage the less well off. |
You seem to be like a dog chasing their tale. | | | |
| Has Burnham focussed yet on the National debt? on 18:03 - Aug 24 with 1695 views | trampie |
Dull people believe the properganda put out and paid for by the mega rich, Dull people will vote themselves into being even more less well off. | |
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| Has Burnham focussed yet on the National debt? on 18:08 - Aug 24 with 1698 views | Whiterockin |
| Has Burnham focussed yet on the National debt? on 18:03 - Aug 24 by trampie |
Dull people believe the properganda put out and paid for by the mega rich, Dull people will vote themselves into being even more less well off. |
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| Has Burnham focussed yet on the National debt? on 18:15 - Aug 24 with 1684 views | JJBomber |
| Has Burnham focussed yet on the National debt? on 18:03 - Aug 24 by trampie |
Dull people believe the properganda put out and paid for by the mega rich, Dull people will vote themselves into being even more less well off. |
Pot, kettle, colour black. |  | | |
| Has Burnham focussed yet on the National debt? on 18:17 - Aug 24 with 1671 views | Whiterockin |
| Has Burnham focussed yet on the National debt? on 18:15 - Aug 24 by JJBomber |
Pot, kettle, colour black. |
I don't think he understands the irony of his post. | | | |
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| Has Burnham focussed yet on the National debt? on 18:17 - Aug 24 with 1672 views | JJBomber |
| Has Burnham focussed yet on the National debt? on 16:46 - Aug 24 by trampie |
Thatcher cut the top rate of tax by more than half from 83% to 40% (she nearly doubled VAT from 8% to 15% which is a tax on the poor), im sure I seen it the top rate of tax was 90% in this country at one time, just like it was in the USA in the 1950s, Reagan cut their top rate of tax from 75% to about 25%, Thatcher and Reagan were a team and their policies have ruined their countries.
Brown is credited with saving the World in some quarters during the banking financial crisis in 2008, the rest of the World copied Brown to get out of the crisis. |
It was 83% Income Tax and 15% Investment Income Surcharge. Top rate was 98%, so the top earners left. Just have a look at our economy from 1974 to 1979. That's what high taxation does. | | | |
| Has Burnham focussed yet on the National debt? on 18:57 - Aug 24 with 1629 views | onehunglow |
| Has Burnham focussed yet on the National debt? on 18:17 - Aug 24 by JJBomber |
It was 83% Income Tax and 15% Investment Income Surcharge. Top rate was 98%, so the top earners left. Just have a look at our economy from 1974 to 1979. That's what high taxation does. |
The “ rich” are hated on this island , successful people ridiculed , abused , insulted
Who are the “rich” and when does one become super rich them advance to elite
We are so affected by class war which is either contempt or insouciance and arrogance
Meanwhile , mugs in the middle pick up the tab
Socialism is those willing to work also willing to pay for those who won’t | |
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| Has Burnham focussed yet on the National debt? on 01:53 - Aug 25 with 1532 views | Robbie |
The way Burnham has annoyed the Kremlin with has stance with Ukraine over arms supplies is the least of the worries on monies when the nukes come flying in from Moscow maybe .
Pity he has not show the same passion and commitment to take a trip to Dover and see the real at home issues which need addressing first .
Politicians and photo opportunities , you have got to love them . | | | |
| Has Burnham focussed yet on the National debt? on 06:20 - Sep 2 with 1211 views | AnotherJohn |
30 year gilt yields rose to their highest level since 1998 yesterday, putting up the cost of government borrowing and reducing the headroom available to Burnham and Healey.
https://www.thisismoney.co.uk/ | | | |
| Has Burnham focussed yet on the National debt? on 07:28 - Sep 2 with 1171 views | trampie |
The current rise in bond yields is global mind you. | |
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| Has Burnham focussed yet on the National debt? on 07:37 - Sep 2 with 1186 views | Dr_Winston |
| Has Burnham focussed yet on the National debt? on 06:20 - Sep 2 by AnotherJohn |
30 year gilt yields rose to their highest level since 1998 yesterday, putting up the cost of government borrowing and reducing the headroom available to Burnham and Healey.
https://www.thisismoney.co.uk/ |
The Government is spending like a US Sailor currently on shore leave in Thailand. Eventually things will have to be cut. Everyone with any sense knows it, but politicians keep pandering to morons and freeloaders in the electorate who expect everything to be "free", and there's millions of them. |  |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| Has Burnham focussed yet on the National debt? on 07:48 - Sep 2 with 1175 views | Demitrius |
In the midst of all this Marxist shortarse Commie Corbett has vowed to increase foreign aid by £13 Billion.
A comparison in real life is that you have Debt Collectors hammering on your front door while you're sat on your doley arse inside buying a load of sh/te you don't need off QVC...
The a-holes running this country into the ground want shooting, they really do... |  |
| “Cunnilingus and Psychiatry brought us to this …” |
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| Has Burnham focussed yet on the National debt? on 13:06 - Sep 2 with 1081 views | JACKMANANDBOY |
| Has Burnham focussed yet on the National debt? on 06:20 - Sep 2 by AnotherJohn |
30 year gilt yields rose to their highest level since 1998 yesterday, putting up the cost of government borrowing and reducing the headroom available to Burnham and Healey.
https://www.thisismoney.co.uk/ |
30 year gilts at just shy of 6 percent........we are in trouble. |  |
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| Has Burnham focussed yet on the National debt? on 16:42 - Sep 2 with 1035 views | trampie |
| Has Burnham focussed yet on the National debt? on 13:06 - Sep 2 by JACKMANANDBOY |
30 year gilts at just shy of 6 percent........we are in trouble. |
If we are in trouble then also large parts of the World can also be said to be in trouble because their bonds are at historical high levels also, we are no different in that respect, I think I read the otherday that the USA, France, and Japan bonds amongst others are very high as well.
Liz Truss went because she could not pay for the millions or was it billions in money she was going to give to the rich via tax cuts, which would have been self inflicted dullness, this time round it is not self inflicted as one of the main reasons for the high bond yields now is the USA v Iran war affecting things like oil prices and inflation hence why there is a bonds crisis in lots of economy's. | |
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| Has Burnham focussed yet on the National debt? on 17:19 - Sep 2 with 1026 views | onehunglow |
| Has Burnham focussed yet on the National debt? on 13:06 - Sep 2 by JACKMANANDBOY |
30 year gilts at just shy of 6 percent........we are in trouble. |
As long as the “ poor” are looked after The rich can pay | |
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| Has Burnham focussed yet on the National debt? on 21:58 - Sep 2 with 982 views | JACKMANANDBOY |
| Has Burnham focussed yet on the National debt? on 16:42 - Sep 2 by trampie |
If we are in trouble then also large parts of the World can also be said to be in trouble because their bonds are at historical high levels also, we are no different in that respect, I think I read the otherday that the USA, France, and Japan bonds amongst others are very high as well.
Liz Truss went because she could not pay for the millions or was it billions in money she was going to give to the rich via tax cuts, which would have been self inflicted dullness, this time round it is not self inflicted as one of the main reasons for the high bond yields now is the USA v Iran war affecting things like oil prices and inflation hence why there is a bonds crisis in lots of economy's. |
We have the highest rates in the G7. Twice that of Japan and higher than Greece!
Its not just about rates, look up what the Dutch are doing with their gold. | |
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| Has Burnham focussed yet on the National debt? on 07:15 - Sep 8 with 682 views | Dr_Winston |
Chris Rokos, Britain's third highest taxpayer last year relocates to Greece, where his tax bill on foreign income next year will be £100,000 instead of £330m.
This is what happens when the people in charge and a worryingly high number of the electorate have no understanding of how finance works and are driven by hatred and envy rather than sense.
He alone contributed the same amount of tax as nearly 30,000 households paying the median, but it's Billionaires that are the problem apparently. | |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| Has Burnham focussed yet on the National debt? on 09:34 - Sep 8 with 624 views | onehunglow |
| Has Burnham focussed yet on the National debt? on 07:15 - Sep 8 by Dr_Winston |
Chris Rokos, Britain's third highest taxpayer last year relocates to Greece, where his tax bill on foreign income next year will be £100,000 instead of £330m.
This is what happens when the people in charge and a worryingly high number of the electorate have no understanding of how finance works and are driven by hatred and envy rather than sense.
He alone contributed the same amount of tax as nearly 30,000 households paying the median, but it's Billionaires that are the problem apparently. |
You are dead right
It’s the old sepia coloured mantra of Labour , the party of the workers , the ordinary person or the average versus the “ elite” , billionaires, bankers, posh , public school / Eton
We’ve learned nothing
Hatred of successful people underpins it all
It’s 2026 | |
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| Has Burnham focussed yet on the National debt? on 09:41 - Sep 8 with 621 views | Whiterockin |
| Has Burnham focussed yet on the National debt? on 07:15 - Sep 8 by Dr_Winston |
Chris Rokos, Britain's third highest taxpayer last year relocates to Greece, where his tax bill on foreign income next year will be £100,000 instead of £330m.
This is what happens when the people in charge and a worryingly high number of the electorate have no understanding of how finance works and are driven by hatred and envy rather than sense.
He alone contributed the same amount of tax as nearly 30,000 households paying the median, but it's Billionaires that are the problem apparently. |
The problem is many politicians are career politicians and have no experience working in business or finance, ideology does not work in the real world. The Conservatives in the 80s reduced the higher tax band and tax revenue increased, in the 90s Labour reduced the lower tax band and and tax revenue increased. Yes these are different times but the underlying principle is the same, tax people too much and they will find ways to legally reduce their tax liabilities and you will receive less tax. I can understand some posters on here with no understanding of business or finance sprouting ridiculous idealistic rubbish, but for the government to do the same is pure folly. | | | |
| Has Burnham focussed yet on the National debt? on 11:16 - Sep 8 with 587 views | Wingstandwood |
| Has Burnham focussed yet on the National debt? on 07:15 - Sep 8 by Dr_Winston |
Chris Rokos, Britain's third highest taxpayer last year relocates to Greece, where his tax bill on foreign income next year will be £100,000 instead of £330m.
This is what happens when the people in charge and a worryingly high number of the electorate have no understanding of how finance works and are driven by hatred and envy rather than sense.
He alone contributed the same amount of tax as nearly 30,000 households paying the median, but it's Billionaires that are the problem apparently. |
https://www.dailymail.com/news
Headline "Labour warned of tax revenue 'shock' in New Year after billionaire becomes latest to leave Britain".
Magic money tree student activist politics from idiots, and supported by idiots who vote for it! Could you imagine a second term of this lot! |  |
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| Has Burnham focussed yet on the National debt? on 12:22 - Sep 8 with 569 views | Dr_Winston |
The fact that he's stayed here in years past and accepted a huge tax bill suggests that he might have considered staying, but why stay, pay that much to the Government and still be blamed for all of societies ills?
Think I'd rather just up sticks to a nice Greek island too. | |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| Has Burnham focussed yet on the National debt? on 12:28 - Sep 8 with 564 views | JACKMANANDBOY |
| Has Burnham focussed yet on the National debt? on 12:22 - Sep 8 by Dr_Winston |
The fact that he's stayed here in years past and accepted a huge tax bill suggests that he might have considered staying, but why stay, pay that much to the Government and still be blamed for all of societies ills?
Think I'd rather just up sticks to a nice Greek island too. |
Marxism does not want billionaires. | |
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