The Tories’ pre-election fantasising comes back to haunt them, according to Left Futures.
An article on the site states:
Just 7 weeks after the election when the Tories boasted of the biggest investment in the railways since Victorian times, the grand 5-year £38.5bn plan has collapsed, with the government trying to dump the blame on Network Rail.
The Tories are all the more culpable since they still vaunted their grandiose plans in their election manifesto though Network Rail admitted “very early on last year” that the 5-year plan would be ‘incredibly difficult to deliver’.
This is classic Osbornism: announce vainglorious plans and then fail to deliver.
In 2010 in his first budget Osborne promised to eliminate the budget deficit by 2015. In fact it hardly reduced at all and has ended up this year at an almighty £90bn. Now he’s promised to eliminate it by 2018-19, but he hasn’t a snowball’s chance in hell of achieving that.
It seems to This Writer that anybody living north of Birmingham, who voted Conservative, must have reason to be annoyed with Osborne’s promissory profligacy.
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Is Network Rail being shunted into the engine-sheds of ‘Privatisation Junction’?
its always some one else’s fault. Its never the Tories.
Looks like all the promises are falling apart…..as usual for Tories….public school liars…no doubt the HS2 project will also get the heave ho ?
They are all a bunch of lying cretins and need to be jailed for what they are doing,they are tearing this country apart under our very noses and have the audacity to laugh at what they are doing.
Nothing more than immoral, they have to go, will someone in Labour get there act together and stop squabbling amongst yourselves, we need a change now.
What about those of us living south of Birmingham under the very heel of the Jackboot?
make your own economic, investment and business area and capital North of London it is just a location and rest PR and history.
after only 6 weeks of this govt everythings collapsing,coming apart at the seams.
RESIGN liar Cameron,drug addict Osbourne and murdering Duncan Smith.
You have omitted the fact that in reducing the ‘deficit’ by a mere £66bn, they increased the DEBT by £700bn?
Last year the government spent 45% of GDP, but this was ‘counted’ IN GDP. Cutting spending, cuts GDP, if we stop borrowing GDP falls too. Because DEBT = Growth?
The economy is a scam, trade is now just 7.5% of GDP, from 28% in 1997. We now rely on Immigrants to borrow, because we have 19m+ Economically In-Active [can’t get a loan] this is why Tories smirk, when they declare, “Immigrants are good for the economy”!
This is why we have housing bubbles; No Building [about 350,000 in last 10 years] means high prices = bigger mortgages = False Economic figures!