kids are finally becoming useful

True @PureEvilPie

Funny thing is, if it wasn’t for the disastrous social policies, I might vote labour this election

The spending would be a massive boost, especially needed as we come out of Brexit

oshit, china and US agreed their trade deal thing

I wish the Tories would expand their economic plan through more borrowing so we can come out reasonably well

Well

They do borrow shitloads

They borrow more than labour

thas a hell of a bump for trump

They just don’t invest it lmao

I don’t understand where this economic competency image came from

lol.. of course tories borrow more than labour... they inherited a 100bn deficit

Gordon browns policies in his short period

We’re improving the economy very well

He was genuinely a very good chancellor

how do you think they pay for stuff if they inherited spending 100bn more than they take in from taxes?

Wacka

A countries budget

Isn’t the same as a household

A deficit isn’t inherently a bad thing

yes... they have to "borrow" treasuries

Well the projected deficit spending is 17 billion for 2020

You spend more to make more in the future

Because your source of income

Surprisingly not a lot compared to other spending

Is for the most part stable

So there’s less risk

increasing QE to pay off that massive deficit is definitely a bad thing

Look up Keynesian economics

look at the £

untill the stop QE its just going to keep going down

Prolonged austerity is worse though

Lack of investment is bad for potential growth

before labour turned the deficit to 100bn the £ was at $2.00

In the long term that’s way worse than a deficit

Mate fuck off

You’re happily ignoring the GLOBAL CRISIS

yes... we have austerity BECAUSE of the deficit

Austerity short term

Is okay