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The Conservative Party - all discussion here please.


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Why did Darling cut VAT to 15% in 2009 just before the 2010 election?

 

2009 isn't just before 2010, it's a full 12 months. It was done to help influence peoples spending and it worked. Labour had growth 2008-2010 but the tories sorted that our 2010-2014 with stagnation and recession. Why has VAT Man (Cameron) kept VAT at 20% for 4 years? With all the cuts, increased bowwing and the deficit widening under the tories, just where is all the extra money going?

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2009 isn't just before 2010, it's a full 12 months. It was done to help influence peoples spending and it worked.

 

So Cameron cutting taxes will also have the same effect.... unless viewed through the Mecky filter it seems.. :roll:

 

Labour had growth 2008-2010

 

hahaha - yes you cut out the disastrous little bit before then didn't you. Talk about revisionism....

 

but the tories sorted that our 2010-2014 with stagnation and recession. Why has VAT Man (Cameron) kept VAT at 20% for 4 years? With all the cuts, increased bowwing and the deficit widening under the tories,

 

You've been called on this before Mecky - figures please that show the deficit is widening.... also please the claim there was recession needs to be proved since there wasnt in fact a period of recession in there.....

Edited by Obelix
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I see Osborne has, at last, admitted the economy is pants under his guidance - "George Osborne says Labour's policies are "built on sand"

 

If anything's built on sand, it's the recovery under Osborne. Wages are falling in real terms, manufacturing output is confused and what little growth there is is being driven by cheap credit and people dipping into their savings. Once either of those runs out, we'll be straight back into recession.

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