Labour's Disreputable Leadership

Like other Corbynites you confuse deficit with debt. Deficit is the difference between tax income and expenditure and sometimes called the government's current account; the debt - or National Debt - is its loan account. The point of Osborne's Fiscal Charter is to eliminate the deficit and, in times where the economy is growing by 1% or more, to operate a budget surplus - ie: tax receipts exceed government spending. By this means it should be possible to reduce the debt burden (the National Debt).

Corbyn and McDonnell want to spend, spend, spend and "pay" for it by borrowing heavily and printing money (which amounts to the same thing). Not only will the current account be in deficit but, as borrowing increases, so does the national debt. A really nice legacy for our children and our children's children.

Some thirty-odd Labour MPs disobeyed their leader's three-line whip yesterday and were either absent from Westminster entirely (which accounts for 16 of them) or abstained with the result that the Fiscal Charter was approved by a comfortable majority of 62. I very much doubt that will be the last rebellion by Labour MPs opposed to Corbyn's ridiculous policies - poetic justice really considering that he voted against his party's line over 500 times. Syria and Trident are two such issues where Corbyn's say won't have much sway amongst his MPs.

This car-crash of an interview of Labour's City spokesman, Richard Burgon, with Channel 4 news took place last evening:



As Guido Fawkes says, the "farting commie" makes McDonnell appear competent!

There are approximately 8 million people living in the UK who were not born there.

Great interview

You guys must be really bored to be so interested in a party you dont vote for that in your views is unelectable reported on by the tory press

It's not just the Tory press which believes that Corbyn is unelectable as Prime Minister: there have been several columns published in the Guardian which take the same view.

Your beloved leader ...



Jeremy Corbyn has called for the "complete rehabilitation" of mass-murdering communist revolutionary Leon Trotsky. He's signed a Commons motion demanding "innocent" Trotsky be pardoned, in spite of his violent history and long list of murderous crimes.

Another name needs to be added to Labour's list of Despicables and Disreputables. Here's a clue to his identity:

https://www.facebook.com/peoplepowerchange/videos/10156175242365788/

Quite understand your angst, Keith, but reducing Tax Credits was a manifesto commitment; one I'm not wholly in favour of, it has to be said. However it has been voted on - and passed - three times in the House of Commons, by a majority greater than the government's actual majority, and is due to be voted on in the House of Lords today. Lib-Dem Peers are intending to scupper the Bill as Baroness Manzoor, the Lib-Dems' Work and Pensions spokesperson is to introduce a so-called 'fatal motion'. If her motion is passed, a constitutional crisis will ensue - as the Upper House will be breaking a convention dating back to 1688 under which the Lords can not override the will of the Commons on a matter of finance. In other words: no taxation without representation.

Labour Peers are apparently not attempting to vote down the Bill for a simple and pragmatic reason: Labour will have hopes of forming a government itself at some point in the future, and won’t want to create a precedent that the Commons can be simply brushed aside by a House of Lords in which a future Labour government might well not have a majority. The Lib-Dems, knowing full-well that they will never form a government themselves, are under no such constraint.

But the real question here is: should it be upto the tax-payers to make-up the wages of those employed by those who unscrupulously keep wages low?

Really

http://www.mirror.co.uk/news/uk-news/budget-2015-watch-david-cameron-6033885

And your suggestion is ?...... more anti union legislation perhaps or a pay freeze if you work for the public unless your an MP?

Works for me!!

evading the question of your hero,s lies ? I had already realised that

Hero? Whosthatthen?! I don't think Boris has been even mentioned .

Of course you have answered every question and addressed every point about your leader ..... Not!

George Osboune just got a nasty slap down in his leadership quest

And surprisingly Boris backed up Osborne saying the Lords should not have got involved, it would have been the ideal time for Boris to put the knife into his future leadership contender.