Has Labour policy pushed people into debt with their attitude to the public finances, excessive taxation, and their lack of action to control a runaway boom in property prices that allow people to borrow way beyond their means.
2006-09-27 01:06:53 · 13 answers · asked by LongJohns 7 in Politics & Government ➔ Other - Politics & Government
yes
- in terms of the amount of debt taken on by the country
- the massive amount of PFI schems at overblown prices
- in terms of businees that have closed down because of the massive increase of comonay costs & tax burden, making UK based companies uncompetitive with respect to non UK companies
No
personal debt is (mortgage, loans, credit card etc) its the person who took out the credit whoose to blame for that, In reality its often peoples greed that drives them in to housing debt
2006-09-27 01:21:33 · answer #1 · answered by Mark J 7 · 1⤊ 0⤋
Labour would have halved the deficit in 5 years meaning that spending wouldn't be as tight and the public would be a lot better off. People got bored of Labour, but remember the Tories never even got a majority (enough votes) from the people. The election was close but fair.
2016-03-27 13:22:33 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Labour has pushed the country into debt for years to come but personal debt is just that - down to the person. Now we are being told that living in debt is "a good thing, good for the economy". What looney came up with that idea!
2006-09-27 04:09:34 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Labour has certainly got STUDENTS into ridiculous debt and I hate them for it and will never vote for them again
But then i'm biased...
They are not responsible for personal loan/overdraft debts, that is down to the individual person who must take responsibility for their own money
And actually Dunrobin, not all students spend their money on beer and useless things. But some people are actually priced out of higher education and cannot attend due to the new financial system and its myriad regulations and exclusions.
2006-09-27 01:09:52 · answer #4 · answered by A 2 · 0⤊ 1⤋
No I got lots in the bank thanks!
The value of my house has risen from £68000 8 years ago to £230,000 now so they're doing OK although I must admit I do vote Conservative if you want to know!
I can't stand Tony Blair and as soon as his smile disappears I'll be very happy.
Although I do believe that Gordon Brown shouldn't be allowed to be prime minister as he is Scottish and therefore should be in charge of the Scottish Parliament and not allowed to hold the position of English Prime Minister.
2006-09-27 01:22:17 · answer #5 · answered by coulditbemanilow 3 · 1⤊ 0⤋
Nope,Labour did not sign the form for an overdraft or credit card
2006-09-27 01:09:34 · answer #6 · answered by Anonymous · 1⤊ 0⤋
Socialism doesn't stimulate an economy all it will either even out the wealth distribution or destroy the middle class and create more have nots than haves.
2006-09-27 01:25:44 · answer #7 · answered by GloryDays49ers 3 · 0⤊ 0⤋
People should take responsibility for their own decisions and not blame the government. That the people of the UK are Europe's leading debtors is shameful, but it's too easy to blame the government. And I don't feel sorry for students. They are still paying far less than the actual cost of their education - yet always manage to find money for beer and holidays.
2006-09-27 01:15:26 · answer #8 · answered by Dunrobin 6 · 0⤊ 3⤋
No its people that get them self's in to debt by spend spend spend. its people that have control over their spending not the government
2006-09-27 01:23:15 · answer #9 · answered by ? 4 · 0⤊ 0⤋
How strange. A free democracy in which people do not believe in personal responsibilty but are always blaming others for their plight. Truly I will never understand you.
2006-09-27 01:17:52 · answer #10 · answered by XiaoMei 2 · 2⤊ 1⤋