Mr Osborne, Tear Down This Debt

Guido has penned  today’s Thunderer column for the Times  behind the paywall. Before people moan, it is for a good cause, tomorrow’s planned Rally Against Debt and for those of you without a log in, he will push the limits of the fair use rules.

…Government borrowing is merely deferred taxation, so this generation is passing on a terrible inheritance of indebtedness that will burden my children, and my children’s children, with higher taxes. The Chancellor will protest that he is cutting the deficit, that he is overspending less, that political reality will not allow him to do more.

This is simply not good enough. Under Mr Osborne’s plans, the Government will still spend more cash every single year. Debt interest payments are set to double and will eventually cost more than the education budget. That is a stupendous waste of money that could be spent educating our children instead of servicing the bloated debts to the bond markets. Cutting the deficit is not enough: cutting the debt is required.

We don’t have big public sector unions organising coaches to London, and no political party is backing us, so we certainly don’t expect the Rally Against the Debt to number in the hundreds of thousands. I am taking my children with me on their very first demo and my first since back in Berlin 1989, to demand on their behalf: “Mr Osborne, tear down this debt.”

See you tomorrow, 11.00 a.m., Westminster.



Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Labour MP Jamie Reed:

“I apologise to every man, woman and child in this country who needs a Labour government.”

Top Posts This Week

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Fiorina Drops Fiorina Drops
£500,000 EXPENSES FRAUDSTER MEP JAILED £500,000 EXPENSES FRAUDSTER MEP JAILED
SEUMAS MILNE PRAISES HAMAS SEUMAS MILNE PRAISES HAMAS
ALLEGED GRANNY BASHER MP IN COURT TODAY ALLEGED GRANNY BASHER MP IN COURT TODAY
CORBYN AGREES BBC ARE “ZIONIST LIARS” CORBYN AGREES BBC ARE “ZIONIST LIARS”
LABOUR IN CRISIS LABOUR IN CRISIS
KHAN ON KEN, KEN ON KHAN KHAN ON KEN, KEN ON KHAN
CORBYN’S CALLAGHAN MOMENT CORBYN’S CALLAGHAN MOMENT
BERNARD JENKIN ACCUSES NO. 10 OF CASH FOR QUESTIONS BERNARD JENKIN ACCUSES NO. 10 OF CASH FOR QUESTIONS
JOHN MANN TELLS KEN “YOU’RE A F**KING DISGRACE” JOHN MANN TELLS KEN “YOU’RE A F**KING DISGRACE”
KHAN CAMPAIGNED FOR NAZ SHAH, DEFENDED KEN ON ANTI-SEMITISM KHAN CAMPAIGNED FOR NAZ SHAH, DEFENDED KEN ON ANTI-SEMITISM
KEN: “HITLER WAS SUPPORTING ZIONISM” KEN: “HITLER WAS SUPPORTING ZIONISM”
NEUBERGER AND LEVY ON LABOUR’S ANTI-SEMITISM NEUBERGER AND LEVY ON LABOUR’S ANTI-SEMITISM
RUPA HUQ DEFENDS NAZ SHAH’S ANTI-SEMITISM RUPA HUQ DEFENDS NAZ SHAH’S ANTI-SEMITISM
Carly Fiorina Sings Lullaby Carly Fiorina Sings Lullaby
BRADFORD COUNCILLOR POSTED GOEBBELS NAZI FILM “THE ETERNAL JEW” BRADFORD COUNCILLOR POSTED GOEBBELS NAZI FILM “THE ETERNAL JEW”
NAZ SHAH SUSPENDED BY LABOUR NAZ SHAH SUSPENDED BY LABOUR
Naz Shah’s Pro-Hamas Tweets Naz Shah’s Pro-Hamas Tweets
FARAGE RESPONDS TO “PONCEY” JIBE FARAGE RESPONDS TO “PONCEY” JIBE
PM: “EXTRAORDINARY” NAZ SHAH STILL HAS LABOUR WHIP PM: “EXTRAORDINARY” NAZ SHAH STILL HAS LABOUR WHIP
SHADOW CABINET SPLIT: LISA NANDY TELLS CORBYN TO SACK NAZ SHAH SHADOW CABINET SPLIT: LISA NANDY TELLS CORBYN TO SACK NAZ SHAH
TREASURY CAN PREDICT FUTURE TO 2030, CAN’T WORK OUT COST OF BREXIT REPORT TREASURY CAN PREDICT FUTURE TO 2030, CAN’T WORK OUT COST OF BREXIT REPORT
NAZ SHAH EMPLOYED “ZIO”-HATER AS TAXPAYER-FUNDED AIDE NAZ SHAH EMPLOYED “ZIO”-HATER AS TAXPAYER-FUNDED AIDE
NAZ SHAH RUNS CHARITY WITH ANTI-SEMITIC LABOUR COUNCILLOR NAZ SHAH RUNS CHARITY WITH ANTI-SEMITIC LABOUR COUNCILLOR
FRANK FIELD’S LEFT-WING CASE FOR BREXIT FRANK FIELD’S LEFT-WING CASE FOR BREXIT
NAZ SHAH COMPARED ISRAELIS TO HITLER NAZ SHAH COMPARED ISRAELIS TO HITLER
FREE ADVERTISING WORTH £135,000-A-WEEK FOR REMAIN CAMPAIGN FREE ADVERTISING WORTH £135,000-A-WEEK FOR REMAIN CAMPAIGN
NAZ SHAH RESIGNS AS JOHN MCDONNELL’S PPS NAZ SHAH RESIGNS AS JOHN MCDONNELL’S PPS
BBC DID REVEAL HILLSBOROUGH VERDICT YESTERDAY BBC DID REVEAL HILLSBOROUGH VERDICT YESTERDAY
NAZ SHAH: “THE JEWS ARE RALLYING” NAZ SHAH: “THE JEWS ARE RALLYING”