Wednesday 13 July 2011

£2 trillion in debt

The old saying
If you wait long enough the truth will come out, seems very true

                                                                                                                
It’s now revealed that the debt left by Labour is over £2 trillion; yes £2 trillion, that’s the same as saying each family in the country, owes £78,000.

Now I know why a lot of people have said our kids, kids will still be paying off this debt

But the rescue mission on our economy continues, dealing with this huge deficit we inherited from Labour was the single most important step towards our recovery and growth, while sadly other European countries that carried on spending are in a mess.

Remind me just what political party kept saying we were doing it wrong and we should spend??

Other good news is that the indicators are now saying that our manufacturing is taking off and over 500,000 new jobs have been created in the last few months and this month’s unemployment figures are down again, getting our people back to work.   

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