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        <title><![CDATA[Michael Dean : Weblog items tagged with debt]]></title>
        <description><![CDATA[The weblog for Michael Dean, hosted on Poll Booth.]]></description>
        <link>http://www.pollbooth.com/itsmyview/weblog/</link>        
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            <title><![CDATA[IF Brown could have run the UK better then he would have done!]]></title>
            <link>http://www.pollbooth.com/itsmyview/weblog/if-brown-could-have-run-the-uk-better-then-he-would-have-done</link>
            <guid isPermaLink="true">http://www.pollbooth.com/itsmyview/weblog/if-brown-could-have-run-the-uk-better-then-he-would-have-done</guid>
            <pubDate>Sat, 24 Apr 2010 12:47:02 GMT</pubDate>
		<dc:subject><![CDATA[credit crunch]]></dc:subject>
		<dc:subject><![CDATA[debt]]></dc:subject>
		<dc:subject><![CDATA[economy]]></dc:subject>
		<dc:subject><![CDATA[election]]></dc:subject>
		<dc:subject><![CDATA[national health service]]></dc:subject>
		<dc:subject><![CDATA[recession]]></dc:subject>
		<dc:subject><![CDATA[UK Economy]]></dc:subject>
            <description><![CDATA[<span class="Apple-style-span"  style="font-family: 'Times New Roman'; font-size: medium"><div style="background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: #ffffff; font: normal normal normal 13px/19px Georgia, 'Times New Roman', 'Bitstream Charter', Times, serif; padding: 0.6em; margin: 0px"><p>Amazing how many people are prepared to state what Cameron and the Conservatives are going to do next. Some sort of gift of prophecy?</p><p>Yet they forget all that Brown and New Labour have actually done, stuff that is all documented, it is in fact history.</p><p>How can anyone expect Brown and the rest of New Labour to do anything different than they have already done.</p><p>We have a major financial meltdown in progress. We are going to be taxed to the hilt and beyond just to pay the huge debts we have incurred. The UK economy now is almost on the same level as Greece!</p><p>IF Brown and New Labour&nbsp;<strong>could</strong>&nbsp;have run the UK better than they have managed to do, then I would suggest that they&nbsp;<strong>would&nbsp;</strong>have done better.&nbsp;<br />What we have seen in the financial meltdown is the&nbsp;<strong>best</strong>&nbsp;that Brown and New Labour can manage to do!&nbsp;</p><p><strong>Their best is nowhere near good enough. That is why they should be out of power ASAP</strong>.</p></div></span>]]></description>
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            <title><![CDATA[The forthcoming election is about debt and failure to govern!]]></title>
            <link>http://www.pollbooth.com/itsmyview/weblog/the-forthcoming-election-is-about-debt-and-failure-to-govern</link>
            <guid isPermaLink="true">http://www.pollbooth.com/itsmyview/weblog/the-forthcoming-election-is-about-debt-and-failure-to-govern</guid>
            <pubDate>Tue, 09 Mar 2010 11:35:08 GMT</pubDate>
		<dc:subject><![CDATA[brown]]></dc:subject>
		<dc:subject><![CDATA[election]]></dc:subject>
		<dc:subject><![CDATA[new labour]]></dc:subject>
		<dc:subject><![CDATA[recession]]></dc:subject>
		<dc:subject><![CDATA[uk]]></dc:subject>
		<dc:subject><![CDATA[uk debt]]></dc:subject>
		<dc:subject><![CDATA[debt]]></dc:subject>
            <description><![CDATA[<span class="Apple-style-span"  style="font-family: 'Times New Roman'; font-size: medium"><div style="background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: #ffffff; font: normal normal normal 13px/19px Georgia, 'Times New Roman', 'Bitstream Charter', Times, serif; padding: 0.6em; margin: 0px"><div id="_mcePaste">Anyone who is in debt or who has been in debt knows that the sooner the debt repayment starts, the less money is actually needed to clear the debt.</div><div id="_mcePaste">Gordon Brown doesn't want to do this for short term benefit to himself!</div><div id="_mcePaste">To go into the election promising , as Brown has been doing, money all over the place is a very cynical attempt to gain political credence for himself at the expense of the tax payers of the UK.</div><div id="_mcePaste">Brown knows that the longer he leaves it before starting to repay debt , then the longer we will be paying increased taxes and the greater the amount of money that is needed to clear the debts of this Labour government!</div><div id="_mcePaste">Cameron wants to start debt repayment as soon as possible. In the long term this is the best approach.</div><div id="_mcePaste">Brown and New Labour's time in power has been a disaster. &nbsp;How can anyone expect the people who have so completely failed to run the country properly to be the people who are competent enough to get us out of the mess they caused!</div><div><br /></div></div></span>]]></description>
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            <title><![CDATA["I am naturally concerned that the taxpayer gets a fair deal"]]></title>
            <link>http://www.pollbooth.com/itsmyview/weblog/i-am-naturally-concerned-that-the-taxpayer-gets-fair-deal</link>
            <guid isPermaLink="true">http://www.pollbooth.com/itsmyview/weblog/i-am-naturally-concerned-that-the-taxpayer-gets-fair-deal</guid>
            <pubDate>Sun, 08 Nov 2009 23:49:14 GMT</pubDate>
		<dc:subject><![CDATA[Gordon Brown]]></dc:subject>
		<dc:subject><![CDATA[debt]]></dc:subject>
		<dc:subject><![CDATA[employment]]></dc:subject>
		<dc:subject><![CDATA[extra taxes]]></dc:subject>
		<dc:subject><![CDATA[recession]]></dc:subject>
		<dc:subject><![CDATA[taxpayer]]></dc:subject>
		<dc:subject><![CDATA[taxpayers]]></dc:subject>
		<dc:subject><![CDATA[Brown]]></dc:subject>
            <description><![CDATA[<span class="Apple-style-span"  style="font-family: 'Times New Roman'; font-size: medium"><div style="background-image: initial; background-repeat: initial; background-attachment: initial; -webkit-background-clip: initial; -webkit-background-origin: initial; background-color: #ffffff; font: normal normal normal 13px/19px Georgia, 'Times New Roman', 'Bitstream Charter', Times, serif; padding: 0.6em; margin: 0px"><p>Gordon Brown said:</p><p>&quot;I am naturally concerned that the taxpayer gets a fair deal - especially that the taxpayer gets a fair deal from the institutions that in the last year have benefited massively from support across the world.&quot;</p><p><span class="Apple-style-span"  style="font-weight: bold">So does Gordon Brown think that this is a fair deal for the taxpayers?</span></p><p><span class="Apple-style-span"  style="font-weight: bold"></span>Borrowing billions of pounds in their name and expecting them to pay extra taxes for the next 25 years in order to pay the debts?</p><p>I just wonder how much would need to have been borrowed to prevent the closure of shops like Woolworths, which employed lots of people!!</p><p>And I have also said many times that these banks should not be allowed to get rid of any staff on a non-voluntary basis. They have been given billions of taxpayers money, yet are allowed to fire staff! This not only adds to the unemployment levels, brings the miseries of families losing homes, and removes yet more spending power by people in employment.</p><p>There does not appear to be any joined up thinking in the way that Brown and Darling are managing the UK economy!</p></div></span>]]></description>
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            <title><![CDATA[Tax on you and all your houses!]]></title>
            <link>http://www.pollbooth.com/itsmyview/weblog/tax-on-you-and-all-your-houses</link>
            <guid isPermaLink="true">http://www.pollbooth.com/itsmyview/weblog/tax-on-you-and-all-your-houses</guid>
            <pubDate>Sun, 26 Jul 2009 13:32:00 GMT</pubDate>
		<dc:subject><![CDATA[cost of living]]></dc:subject>
		<dc:subject><![CDATA[Lib Dems]]></dc:subject>
		<dc:subject><![CDATA[UK Economy]]></dc:subject>
		<dc:subject><![CDATA[council tax]]></dc:subject>
		<dc:subject><![CDATA[credit crunch]]></dc:subject>
		<dc:subject><![CDATA[david cameron]]></dc:subject>
		<dc:subject><![CDATA[debt]]></dc:subject>
		<dc:subject><![CDATA[gordon brown]]></dc:subject>
		<dc:subject><![CDATA[government]]></dc:subject>
		<dc:subject><![CDATA[greedy]]></dc:subject>
		<dc:subject><![CDATA[household]]></dc:subject>
		<dc:subject><![CDATA[labour]]></dc:subject>
		<dc:subject><![CDATA[recession]]></dc:subject>
		<dc:subject><![CDATA[tax]]></dc:subject>
		<dc:subject><![CDATA[tax increases]]></dc:subject>
		<dc:subject><![CDATA[Conservatives]]></dc:subject>
            <description><![CDATA[<span class="Apple-style-span"  style="font-family: 'Times New Roman'; font-size: 16px"><div style="background-image: initial; background-repeat: initial; background-attachment: initial; -webkit-background-clip: initial; -webkit-background-origin: initial; background-color: #ffffff; font: normal normal normal 13px/19px Georgia, 'Times New Roman', 'Bitstream Charter', Times, serif; padding: 0.6em; margin: 0px"><p><strong>What are New Labour proposing?</strong></p><p>The Mail on Sunday has details of a new tax on anyone who lives in a house, unless there are no redeeming features at all of the house or the view from the house!</p><p>William III introduced&nbsp;<strong>a&nbsp;window tax&nbsp;</strong>in 1696&nbsp;. Glass was the equivalent of a good view or local amenities, but the principle is the same.</p><p>Charles Stuart II introduced&nbsp;<strong>a&nbsp;Hearth or&nbsp;Fireplace&nbsp;Tax</strong>&nbsp;in 1662. The tax had to be paid for each fireplace in a property.</p><p>The significance of this new New Labour tax is that it is not based on absolutes, At least the Kings of old actually taxed something that was useful &nbsp;to the householder!</p><p>You may not like the view from your house. You may be fed up with the bus stop outside your gate because of the noise at night and the mess left around your gate.&nbsp;<span class="Apple-style-span"  style="font-weight: bold">But you will still have to pay this tax!</span></p><p>We already pay council tax on our poperties, the amount paid depends upon the value of the propety in question. But the factors that determine the value of a house include the size of the house, the area the house is in, the views from the house, the presence of patios and conservatories, garages and the availability of parking.</p><p>In fact the new envy tax from New Labour is based on many of the factors that establish the council tax band.</p><p>This is a second tax on top of the council. We are being taxed TWICE for the same property assets!</p><p>No wonder New Labour like this tax! Right down their street!</p></div></span>]]></description>
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            <title><![CDATA[The recession - is the cure worse than the disease?]]></title>
            <link>http://www.pollbooth.com/itsmyview/weblog/the-recession-is-the-cure-worse-than-the-disease</link>
            <guid isPermaLink="true">http://www.pollbooth.com/itsmyview/weblog/the-recession-is-the-cure-worse-than-the-disease</guid>
            <pubDate>Tue, 21 Jul 2009 16:57:29 GMT</pubDate>
		<dc:subject><![CDATA[UK debt]]></dc:subject>
		<dc:subject><![CDATA[credit crunch]]></dc:subject>
		<dc:subject><![CDATA[debt]]></dc:subject>
		<dc:subject><![CDATA[gordon brown]]></dc:subject>
		<dc:subject><![CDATA[new labour]]></dc:subject>
		<dc:subject><![CDATA[taxation]]></dc:subject>
		<dc:subject><![CDATA[recession]]></dc:subject>
            <description><![CDATA[<span class="Apple-style-span"  style="font-size: 11px; color: #2a2a2a"><p style="line-height: 1.5em; margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding: 0px">So the UK gets a recession which was allowed to happen by this lamentable government with it&rsquo;s complete failure to regulate the financial industry in a proper manner!</p><p style="line-height: 1.5em; margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding: 0px">Of course, our government knows how to get us out of recession! &nbsp;Borrow, borrow and borrow and use the money, mainly, to take public ownership of the UK banks and building societies who got themselves and the UK into trouble!</p><p style="line-height: 1.5em; margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding: 0px">The Conservatives said that this was the wrong thing to do! But they are not in power &nbsp;at this time so there was not a lot they could do. (But Brown still rubbished the Conservative&rsquo;s lack of plans to get the UK out of recession.)</p><p style="line-height: 1.5em; margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding: 0px"><strong>Now</strong>&nbsp;Brown and New Labour have to justify to the people of the UK the debt levels that they have built up. These debt levels are not insubstantial! The total aamount of UK debt is &nbsp;<strong>&pound;799 billion</strong>(56.6% of UK GDP).</p><p style="line-height: 1.5em; margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding: 0px">This debt amounts to an average of &pound;13,000 per person in the UK.&nbsp;<span style="color:#ff0000">What is staggering about this is that each person in the UK has to pay&nbsp;</span><strong><span style="color:#ff0000">&pound;13,000</span></strong><span style="color:#ff0000">&nbsp;<strong>of tax</strong>&nbsp;in order to clear that debt.</span></p><p style="line-height: 1.5em; margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding: 0px">And it must not be forgotten that interest accrues on this debt. The longer it takes to pay off, the higher the amount due to be paid!</p><p style="line-height: 1.5em; margin-top: 0px; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; padding: 0px">And this the background which Brown claims that there will be no tax cuts in public services!</p></span>]]></description>
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            <title><![CDATA[Brown 'Afghan battle is key']]></title>
            <link>http://www.pollbooth.com/itsmyview/weblog/brown-afghan-battle-is-key</link>
            <guid isPermaLink="true">http://www.pollbooth.com/itsmyview/weblog/brown-afghan-battle-is-key</guid>
            <pubDate>Mon, 13 Jul 2009 08:58:54 GMT</pubDate>
		<dc:subject><![CDATA[Gordon Brown]]></dc:subject>
		<dc:subject><![CDATA[Labour]]></dc:subject>
		<dc:subject><![CDATA[New Labour]]></dc:subject>
		<dc:subject><![CDATA[UK Economy]]></dc:subject>
		<dc:subject><![CDATA[conservative]]></dc:subject>
		<dc:subject><![CDATA[david cameron]]></dc:subject>
		<dc:subject><![CDATA[debt]]></dc:subject>
		<dc:subject><![CDATA[iraq war]]></dc:subject>
		<dc:subject><![CDATA[recession]]></dc:subject>
		<dc:subject><![CDATA[soldier]]></dc:subject>
		<dc:subject><![CDATA[soldiers]]></dc:subject>
		<dc:subject><![CDATA[war.]]></dc:subject>
		<dc:subject><![CDATA[Afghanistan]]></dc:subject>
            <description><![CDATA[<span class="Apple-style-span"  style="font-family: 'Times New Roman'; font-size: 16px"><div style="background-image: initial; background-repeat: initial; background-attachment: initial; -webkit-background-clip: initial; -webkit-background-origin: initial; background-color: #ffffff; font: normal normal normal 13px/19px Georgia, 'Times New Roman', 'Bitstream Charter', Times, serif; padding: 0.6em; margin: 0px"><p>Brown is claiming that the Afghan battle going on at the moment is a key battle, but I don't think that it is! Trouble is that Brown is in a position where he cannot say anything else!</p><p>The simple fact is that our troops are fighting an enemy who are an integral part of the the society there. The taliban can put their weapons down and merge into the background.</p><p>I heard one soldier saying that the taliban can walk through the frontline at will, without weapons they are just civilians, and get behind them. They don't know who the enemy is unless they are pointing a gun at them!</p><p><span class="Apple-style-span"  style="font-weight: bold">We have already captured this area once before and cleared out all the taliban fighters.</span>&nbsp;But it is too big an area to keep free of combatants. &nbsp;And now we are fighting for the area again.</p><p>But we cannot keep this level of troops in the area for ever!!! Once the fighting is over the taliban will just walk back into the area and take it over again, and the cycle will repeat again, and again!</p><p>The Taliban don't actually have to fight our troops, a couple of bomb attacks a week causing deaths and injuries is all they have to do!</p><p>We might get some short term victories but the war will not be won without coordinated global action. The UK is a small country with an almost bankrupted economy. We cannot keep spending the money that is needed to support our troops properly. Something has to change!!</p><p>One question Brown needs to ask himself is &nbsp;'where are the taliban getting their weapons and their bombs from?'. &nbsp;Especially the sophisticated armour piercing explosives. Someone is selling these weapons to the taliban.</p><p>Why are we allowing the enemy soldiers to be supplied with the weapons they need to fight our soldiers?</p></div></span>]]></description>
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            <title><![CDATA[the economy - the main battle ground]]></title>
            <link>http://www.pollbooth.com/itsmyview/weblog/the-economy-the-main-battle-ground</link>
            <guid isPermaLink="true">http://www.pollbooth.com/itsmyview/weblog/the-economy-the-main-battle-ground</guid>
            <pubDate>Sun, 14 Jun 2009 04:01:43 GMT</pubDate>
		<dc:subject><![CDATA[brown]]></dc:subject>
		<dc:subject><![CDATA[cameron]]></dc:subject>
		<dc:subject><![CDATA[debt]]></dc:subject>
		<dc:subject><![CDATA[election]]></dc:subject>
		<dc:subject><![CDATA[recession]]></dc:subject>
		<dc:subject><![CDATA[uk]]></dc:subject>
		<dc:subject><![CDATA[uk economy]]></dc:subject>
		<dc:subject><![CDATA[imf]]></dc:subject>
            <description><![CDATA[<span class="Apple-style-span"  style="font-family: 'Times New Roman'; font-size: 16px"><div style="background-image: initial; background-repeat: initial; background-attachment: initial; -webkit-background-clip: initial; -webkit-background-origin: initial; background-color: #ffffff; font: normal normal normal 13px/19px Georgia, 'Times New Roman', 'Bitstream Charter', Times, serif; padding: 0.6em; margin: 0px"><p>The UK economy was already in a bad way when the recession started. It was caused by a worldwide recession caused by failures of many governments to regulate the financial industries properly.</p><p>Brown was in charge as chancellor and then prime minister and was responsible for ensuring that the financial regulation was done properly in the UK. &nbsp;He doesn't seem to like accepting responsibility for his actions if it might cause him to look bad, but he was in charge.&nbsp;<span style="color:#ff0000">It was his responsibility and he failed!</span></p><p>Gordon Brown and New Labour have been in control of the UK for a long time. They cannot blame anyone else for the parlous state of the UK economy.</p><p><span class="Apple-style-span"  style="font-weight: bold">It is a bit rich for Brown to accuse Cameron of planning to cut services when so much of the &nbsp;money spent on them was borrowed in the first place!</span></p><p>The next government has to pay back these debts. The cupboard is bare. We don't have the money to repay the debts let alone find the &nbsp;money for &nbsp;new services, schools and hospitals etc.</p><p><span style="color:#ff0000">Whoever wins the next election will have to reign back on spending and increase taxes to pay back the debts that New Labour have accumulated during their time in power.</span></p><p>Brown has borrowed billions to get us out of the recession (that he is arguably responsible for!) . We now have to pay that money back from our taxes (don't forget that we have to pay back the interest as well!)</p><p>It is obvious that something has to change in the way that the economy is being run. The UK cannot keep borrowing money!</p><p>We are going to have to have increased taxes just to repay the existing debt. That is unavoidable and it will take many years of high taxes to clear these debts.</p><p>So where will the money come from to maintain the cost of the public services (including the NHS) ? No government, including New Labour, can carry on spending money that they don't have.</p><p>When I hear Brown attacking Cameron with accusations that the Conservatives will cut spending on public services, then I do wonder how desperate he is to cling onto power!</p><p>Can Brown really keep people from realising &nbsp;that the UK is saddled with so much debt that &nbsp;that it is too poor to keep spending money?<br />Can Brown really make enough people in the UK be more scared of what Cameron&nbsp;<span class="Apple-style-span"  style="font-weight: bold">might&nbsp;</span>do,&nbsp;<span class="Apple-style-span"  style="font-weight: bold">t</span><span class="Apple-style-span"  style="font-weight: bold">han New Labour and Brown have already done to the UK economy?</span></p><p><span class="Apple-style-span"  style="font-weight: bold">How happy are people going to be with New Labour &nbsp;if they have to pay extra taxes and suffer reduced services for many years just to clear the debts incurred by Gordon Brown and New Labour?</span></p><p>And it is not inconceivable that Labour will&nbsp;<span class="Apple-style-span"  style="font-weight: bold">again</span>&nbsp;end up having to seek help from the International Monetary Fund as it did in 1976.</p></div></span>]]></description>
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            <title><![CDATA[The BBC 'have your say'  are asking if the government should bail out the motor industry]]></title>
            <link>http://www.pollbooth.com/itsmyview/weblog/the-bbc-have-your-say-are-asking-if-the-government-should-bail-out-the-motor-industry</link>
            <guid isPermaLink="true">http://www.pollbooth.com/itsmyview/weblog/the-bbc-have-your-say-are-asking-if-the-government-should-bail-out-the-motor-industry</guid>
            <pubDate>Thu, 28 May 2009 12:24:50 GMT</pubDate>
		<dc:subject><![CDATA[borrow]]></dc:subject>
		<dc:subject><![CDATA[borrowing]]></dc:subject>
		<dc:subject><![CDATA[debt]]></dc:subject>
		<dc:subject><![CDATA[economy]]></dc:subject>
		<dc:subject><![CDATA[uk]]></dc:subject>
		<dc:subject><![CDATA[Government]]></dc:subject>
            <description><![CDATA[<span class="Apple-style-span"  style="font-family: arial; font-size: 13px; white-space: pre-wrap">The Government hasn't got any money!! It has spent it all over the years and we now have huge debts that will take many years to pay off from extra taxes on our incomes! There has to come a point where the government has to come clean and admit that it cannot afford to subsidise everyone who needs it. Of course they could abandon schemes such as the ID cards and some of the other hugely expensive computer systems that they are planning!  We cannot spend money that we do not have!</span>]]></description>
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            <title><![CDATA[Are New Labour capable of managing the UK economy?]]></title>
            <link>http://www.pollbooth.com/itsmyview/weblog/are-new-labour-capable-of-managing-the-uk-economy-4</link>
            <guid isPermaLink="true">http://www.pollbooth.com/itsmyview/weblog/are-new-labour-capable-of-managing-the-uk-economy-4</guid>
            <pubDate>Tue, 12 May 2009 10:44:20 GMT</pubDate>
		<dc:subject><![CDATA[brown]]></dc:subject>
		<dc:subject><![CDATA[uk debt]]></dc:subject>
		<dc:subject><![CDATA[uk]]></dc:subject>
		<dc:subject><![CDATA[recession]]></dc:subject>
		<dc:subject><![CDATA[pfi debt]]></dc:subject>
		<dc:subject><![CDATA[pfi]]></dc:subject>
		<dc:subject><![CDATA[new labour]]></dc:subject>
		<dc:subject><![CDATA[labour]]></dc:subject>
		<dc:subject><![CDATA[economy]]></dc:subject>
		<dc:subject><![CDATA[debt levels]]></dc:subject>
		<dc:subject><![CDATA[debt]]></dc:subject>
		<dc:subject><![CDATA[computer systems]]></dc:subject>
		<dc:subject><![CDATA[computer]]></dc:subject>
            <description><![CDATA[<div>I find it interesting that this Labour government appears to be unable to see failures in anything it is involved with until something goes wrong! &nbsp;</div><div><br /></div><div>The 'credit crunch' seemed to catch them by surprise. But plenty of people around the world were forecasting economic problems. I will grant that they generally saw economic recession and financial problems as the consequence of the credit boom and did not forsee a global recession of the size that has occurred. But why didn't the UK government investigate and consider these concerns?</div><div><br /></div><div>The government, which means Gordon Brown as chancellor and then prime minister, seemed to have been totally blind to any prospects of problems whatsoever. And remember, as the government in power they are responsible for looking after the UK economy. It doesn't matter what other people did, it was Gordon Brown's job, amongst other things, to safeguard our economy.</div><div><br /></div><div>They have failed lamentably. The UK has huge debts that all need to be paid from our future taxes. The debt levels were too high even before the credit crunch! The PFI debt (all our new hospitals and schools) was borrowed money &nbsp;and which needs to be paid back. There are other massive debts which are also excluded from the debt measure that Gordon Brown used when he claimed that the UK debt was not high. It was high but he used a figure that excluded a lot of UK debt!</div><div><br /></div><div>And one must remember that all the debt has interest to be paid on it. So one can double or even treble in some cases the amount of taxpayer money required to pay back the debt.</div><div><br /></div><div>Look at all the expensive computer systems which are brought in by Labour but simply don't do the job. &nbsp; Why do they all seem to fail? Are they not tested? Did the government understand what these systems were supposed to do? It would appear not judging from the problems that occur!</div><div><br /></div><div>Gordon Brown and New Labour do not seem capable of understanding what they are doing and are always firefighting, ie having to fix what has gone wrong!</div><div>&nbsp;</div><div>Perhaps running the UK economy is just too big a task for them!&nbsp;</div>]]></description>
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