Dealing with UK's massive budget deficit, part1 (11Mar10)

Part 1 of 2: Examining the £2.5Trillion budget deficit New Labour has run up for taxpayers, and how it can be dealt with. Whilst the press focus on the 2009-10 deficit, they are keeping VERY quiet about all the other years worth of deficits, the out of control public sector borrowing, and things not on the balance sheet like the scam PFI contracts and unfunded public sector pensions.

Recorded from BBC's This Week, 11 March 2010.

Category:

News & Politics

Tags:

• tackle
• dealing
• with
• massive
• finance
• finances
• economy
• black
• hole
• deficit
• public
• sector
• new
• labour
• created
• uk
• recession
• depression

[dikkydoo1]

i remember diane abbot when she was first elected to parliment, she was going to fight for the rights for black and disadvantaged people in his inner london borough, she is a complete sell out, a traitor of the worst kind.

[BenThomasFoster]

People need to know not to blame labour for deficit up until the finacial sector crash we were borrowin at the guidelines set by EU and borrowing only 40% GDP compared to guidelines of 60%. Until finacial sector clash we were perfectly fine. Then we needed to save the banks and set yup temorary jobs Not labours fault but a private sector and us fault.

[thePatnolan]

When will the World's Banking system be changed or are we just going to perpetuate making these stinking rich bastards still richer at our expense?

The EU should revolt en masse.

The Legalised Crime of Banking !

[TheAtheistworld]

we have to, we have to we have to. fuck yourself with your "we have"!

[CelticReject]

Can't stand that woman. She comes across as an arrogant pos.