How come the national debt in Britain has soared since the Tories came into power?
- catrin lLv 74 weeks agoFavorite Answer
Because you can’t trust the Tories with the economy...or the NHS...or anything else really.
Unfortunately since the press is inherently right wing and love them they always get away with it. Gullible people even think that the Tories are the party which is good for the economy and strong on crime and law enforcement.
The only people who vote Tory and don’t have offshore hedge funds must be very gullible indeed.
- giginotgigiLv 74 weeks ago
Tory has been following American way - paying debt by further borrow money from others. At the end, it will raise import tariff in order to cover debts as Trump is doing. Those debt is coming from exceeding social welfare which is intending to cover the dictatorship of the Government.
- 4 weeks ago
It's paying for all the fcuking elections, I reckon.
- JadeLv 44 weeks ago
The Tories have Borrowed more Money.
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- 4 weeks ago
well we know who is going to pay for the borrowing the conservatives say they are going to make to pay for all of these bribes we are been offered .
but never mind and do others like me feel proud of ourselves when the conservatives say we have put in really hard work to get a economy like it is today after the financial crash ?
- Anonymous4 weeks ago
By "soared", you mean "flew away to Spain"?
- Land-sharkLv 74 weeks ago
Such heavy borrowing was the only way to enable the UK to live beyond its means and for people to keep nice jobs and salaries.
Printing all that fake quantititive easing money after 2008 is what did it via stealth inflation.
- LônLv 74 weeks ago
The last Liebour government when they were kicked out of power left a note saying that the coffers were empty. The Tories then had to find the money to recoup the loss. Hence the austerity measures ( living within our means) of the past few years....that the Liebour government is blaming the Tories for. If Liebour are elected again....they'd do exactly the same thing...leave us up to our eyes in debt and leave it to the next government to sort out.
- KatieLv 64 weeks ago
99% of the borrowing goes towards the international aid budget.
- Jack HLv 74 weeks ago
Well, they accuse Labour of *borrow and spend*, while they, *borrow and give tax breaks to the wealthy*...