Quote Originally Posted by Jordi Culé View Post
Feedie, humour a simpleton like me.

Are the current UK government estimated to be in over 2 trillion quids worth of debt, Covid-19 has probably upped that number?

Did they balance the books through their austerity measures?

Did GDP fall during austerity?

Hasn’t Brexit further fuucked the economy?

If we are in 2 trillion quid over our heads where all this money from Laaaandaaan Town going? It’s not ending up in Perthcelyn.

I may be wrong but I understood the government funded its Covid spending (and much else besides) by printing more money. The effect of that is not to add to the debt but to fuel inflation. Inflation that will hit the poor harder than the rich.

That hasn't stopped most of the main client journalists (Peston, Kuenssberg, Rigby etc) repeating the line that Sunak has been borrowing like it's going out of fashion - people before pennies! - and in promoting that lie they are happily preparing the ground for the next round of austerity (to reduce the debt!).

Sunak will turn into Osbourne II in about a year whether he is Prime Minister by then or still Chancellor.