January 21st, 2009

Gordon’s Unfunded Spending

The UK budget deficit for December alone was £11.4 billion. The numbers are so big that you have to break them down. The government is overspending - tax receipts minus expenditure – by over £14 million an hour, 24 hours a day, 7 days a week.

At PMQs Gordon seemed to boast about his plans to overspend. This is not sustainable.



Riddled With It | Pink News
I Went Mad in the Seventies | Ken
Guy Newsroom Splits | Indy
Polly’s Voodoo Polling | UK Polling Report
Labour SpAd Backs the Bill | Mark Wallace
Guido Goes for the Lobby | Press Gazette
Argentina has No Claim to the Falklands | George Grant
Why Is Sarah Teather Still in the Government? | Mail
Guido Fawkes “Out Ran Lawyers” | BBC
Ed Wins PMQs in TV Blackout | The Commentator
Sky Twitter Madness | Guardian
The Case for US Support for Israeli Raid on Iran | Niall Ferguson
Liberal Leftovers | Liberal Vision
Bad Week for the Guardian | Harry Cole

Previously Seen


Peter Botting


John Higginson of the Metro explains Quantitative Easing:

“There is £100 and 100 loaves of bread costing £1 each. QE creates another £100. Each loaf now costs £2.”



DisgustedOfMitcham2 says:

Maybe if they really wanted to “decontaminate the Labour brand” with business people, they shouldn’t have totally buggered up the economy?

Just a thought.


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