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I disagree clive, he had a surplus, accurate and fact, the rest of your post I cannot disagree with without further investigation, you may well be correct.
 
I disagree clive, he had a surplus, accurate and fact, the rest of your post I cannot disagree with without further investigation, you may well be correct.

Not from 2002 he didn't

Edit: Graph & link added

For all to see:

Pre-election budget UK Public Borrowin - EletriciansForums.net
http://www.economicshelp.org/blog/5922/economics/uk-budget-deficit-2/
 
Last edited by a moderator:
But he left us with a bit of a deficit AND if you look at the history books UK plc was running a deficit since 2001-2002 - LONG before the 2008 crash

What a stupid point to post!

2001 there was a surplus of £8.4b, which was more than all the surpluses of the 19 years of the Tories added together.

Mind you that's not saying much, in the 19 years that the Tories were in there was only 2 years of surplus, 1988 & 1989, £3.9b & £4.2b. Don't forget these years were when north sea oil really started & the revenues were at their highest, also there was a major selling off of our assets with major nationalizations.

The first 10 years of Labour up to 2007 & before the financial crash saw 4 years of surplus & 6 years of deficit.

Whats also interesting is that the Tories ran up the 2 largest deficits in this time, £50.9 & £45.9 b, Labour's largest was £42.6b
 
2001 there was a surplus of £8.4b, which was more than all the surpluses of the 19 years of the Tories added together.

Mind you that's not saying much, in the 19 years that the Tories were in there was only 2 years of surplus, 1988 & 1989, £3.9b & £4.2b. Don't forget these years were when north sea oil really started & the revenues were at their highest, also there was a major selling off of our assets with major nationalizations.

The first 10 years of Labour up to 2007 & before the financial crash saw 4 years of surplus & 6 years of deficit.

Whats also interesting is that the Tories ran up the 2 largest deficits in this time, £50.9 & £45.9 b, Labour's largest was £42.6b


Did I say ANYTHING about any other Party? NO

Just making sure that MDJ's rose tinted glasses can actually see the reality of what ACTUALLY happened, rather than how memories recall things.

That said I'd liked Brown to continue in 2010 then Labour would have had to make cuts and difficult decisions...... which they've never really had to make, in my memory
 
Clive, you need to calm down, what has rose tinted glasses got to do with my comment regarding gordon brown having a surplus? he did end of, and as I posted before I cannot argue your other points which may well be correct because I have not investigated them yet, calm down, take a chill pill.
 
strange how the only srplus the kast labour government ever had coincided with the scottish pratt selling off about 400 tons of gold.
 
strange how the only srplus the kast labour government ever had coincided with the scottish pratt selling off about 400 tons of gold.
Not sure how much the sweaty sock sold, but he did sell it cheap and that is his legacy, I won't support him at all, I am just stating fact regarding a surplus, I only support Tony as you know, not gordon.
 
Did I say ANYTHING about any other Party? NO

Just making sure that MDJ's rose tinted glasses can actually see the reality of what ACTUALLY happened, rather than how memories recall things.

That said I'd liked Brown to continue in 2010 then Labour would have had to make cuts and difficult decisions...... which they've never really had to make, in my memory

Just pointing out that if you have a debate then the whole picture needs to be looked at not just the odd year, I'm not trying to make a case for Labour although I will vote for them it will not be for their economic policies, I'm firmly in the 'their all the same' camp.

I think that a lot of the cuts implemented in the first few years of this administration were introduced by the last government under Brown in the last Labour budget.
 
This election will be difficult for me, I will never vote tory obviously, but think Milliband is a buffoon, Farage is a total --- but to his credit has changed politics in this country forever, the lib dems are finished and the greens are just a pointless vote for various reasons, very hard to know what to do, it must be labour, then again I might wake up on polling day and decide to stay home lol.
 
strange how the only srplus the kast labour government ever had coincided with the scottish pratt selling off about 400 tons of gold.

The gold was sold over several auctions over 3 years for about £3.5b the surplus for those 3 years was over £37b

Not sure how much the sweaty sock sold, but he did sell it cheap and that is his legacy, I won't support him at all, I am just stating fact regarding a surplus, I only support Tony as you know, not gordon.

The gold was sold at the market price for the time on the open market by auctions.
 
The gold was sold over several auctions over 3 years for about £3.5b the surplus for those 3 years was over £37b



The gold was sold at the market price for the time on the open market by auctions.
Well maybe, I don't really know either way, just telling you what rupert murdock and his tv presenters told us all at the time.
 
If the Gold never went up after the sale, no one would have anything to harp on about.
Surprised the moaners never bought plenty for themselves ?

Brown was always spot on with his growth forecast's, when Chancellor, fact.

In real terms the welfare bill as been the same for decades, this Government as not cut it all, fact.
 
If the Gold never went up after the sale, no one would have anything to harp on about.
Surprised the moaners never bought plenty for themselves ?

Brown was always spot on with his growth forecast's, when Chancellor, fact.

In real terms the welfare bill as been the same for decades, this Government as not cut it all, fact.
I expect the tory fat cats bought loads of it and then shipped it off to off shore accounts.
 
This election will be difficult for me, I will never vote tory obviously, but think Milliband is a buffoon, Farage is a total --- but to his credit has changed politics in this country forever, the lib dems are finished and the greens are just a pointless vote for various reasons, very hard to know what to do, it must be labour, then again I might wake up on polling day and decide to stay home lol.

This election is all to easy for me, Labour by nature I have not voted for them since 1992. Could not vote for Blair & New Labour so I voted LibDems as a sort of protest vote.(I live in a Tory stronghold)
I've learnt my lesson so will only vote Labour now, at least until they swing to the right again, probably after this election if it goes badly for them. Then I'll vote Greens.
 
If the Gold never went up after the sale, no one would have anything to harp on about.
Surprised the moaners never bought plenty for themselves ?

Brown was always spot on with his growth forecast's, when Chancellor, fact.

In real terms the welfare bill as been the same for decades, this Government as not cut it all, fact.

Oh dear, another rose tinted glasses baffoon.
 
In my opinion, tt’s a ‘Hobson’s choice’ between Champagne Socialists, Hooray Henrys, Fib dems, Ukip and the lesbian vampire killers. I’m voting LVK ! :sifone:
 
I'm not even a Labour voter, just stating he got his Growth Forecast right.

I'm guessing your Tory ?

No. I'm just VERY interested in all forms of Politics and misrepresentation of the facts is something they all do so I'm simply using my knowledge to try and get the facts straight.

Like yesterdays budget, the Conservatives say one thing, using one set of numbers, the Labour Party say something else using another set of numbers, and today the Liberals have said another thing, using a different set of numbers.

If they keep on spinning they will all get very dizzy

WHAT IS THE TRUTH??
 

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