An insight into the bizarre mind of Nick Clegg. He wants to take all the credit for the British economic recovery saying the coalition economic plan was written by the Liberal Democrats. Given that the plan stifled the economic recovery that was already well under way in 2010 and plunged us back into years of further recession this is something he really should be trying to shift onto the Tories! And if you look up what they were saying prior to becoming best friends with the Tories you will see that they warned austerity measures would stifle the economic recovery and push us back into recession, so they shouldnt have been surprised really. The dire warnings of Labour piling debt up on debt might carry some water if the coalition had actually cut the debt as they would have us believe. In fact they failed totally with every one of their targets, the deficit went up and up for years, is now billions higher than they forecast it would be, and debt itself has gone up from £0.76 Trillion in 2010 to £1.26 Trillion in 2014 forecast to rise to £1.36 Trillion in 2015. The coalition have borrowed more in 4 years than every Labour Government in history added together, including the last Labour government which after 2008 had to borrow to protect the banks and vital industries such as the car manufacturing industry (remember car scrappage?). The coalition have failed economically and I cannot believe Nick Clegg is trying to claim his Party is responsible for this failure! He says the Tories are the Party of the rich. He is right. He claims the Liberal Democrats are needed in government to protect the poor and to stop the Tories protecting the rich. Shame they didnt do this over the last 4 years in which the increased wealth of the top 1% far exceeds the overall UK Government deficit. The rich individuals and rich corporations have been able to insulate themselves from the recession with offshore tax schemes, eye-watering wages and bonuses, and employees who they can pay the minimum wage to on zero-hour contracts with reduced employment protection knowing the benefit system will make up the gap between what they pay and what the workforce need to live a decent life. They claim now that they are opposed to much of what they have done in office, things like the bedroom tax which penalised principally those with disabilities. Yet still they walk through the lobbies propping up what they have called the nasty party only this week! Clegg has consigned his party to the footnotes of British politics and the sooner he and his coalition colleagues are removed from office the better.
Posted on: Sun, 05 Oct 2014 06:38:52 +0000
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