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Monday, 12th January 2009

Making debt a real, human issue

Fraser Nelson 1:17pm


Superb poster by the Tories which makes debt into a real, human issue (just as Coffee House urged him to in November) - a picture of a baby with the words "Dad's nose, Mum's eyes, Gordon Brown's debt". It calculates that a baby born today will owe £17,000 - and there is no exaggeration here. Brown repeatedly claims to have reduced debt, such a whopper that he's seldom contradicted by interviewers. The truth: in 1996-97 the UK debt was £347bn. By the end of the boom in 2007-08 it had soared to £527bn and is forecast to  hit £1.02 trillion in 2012-13. And this is using Brown's method: ie, not including the nationalised banks or the debt hidden in PFI contracts. Brown has so far got away with this because debt is viewed as a technical matter, an accounting thing. Yet the effect will be that the next generation will pay higher taxes for worse public services. Loading up the next generation with debt to pay for political soft options is not just an economic failure, but a moral failure - a point this poster powerfully gets across. We at  Coffee House tried to make this point with a video - for those of you who didnt see it, it's below....


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golfwidow

January 12th, 2009 1:51pm Report this comment

He was at it again on The World at One today - STILL using the utterly bogus figure of 37%. However both Andrew Neil and Martha Kearney have today asked why the incentive to businesses to take on new employees was a bad idea when proposed by the Tories in November but a good idea when put forward by the government. It's a start.

Paul B

January 12th, 2009 2:02pm Report this comment

I heard DC speaking on the radio at the presentation of the new poster. I thought he sounded confident, clear & concise. He was excellent, saying many of the things many of us on the coffee house have been longing to hear. He`s raising his performance. Keep it up !!!

PS- He (DC) also looks better than Brown, which although trite and meaningless, does matter. Brown looks glum, heavy eyed and just plain knackered, whereas DC is alert, clean cut, bright,and get up and go.

Tiberius

January 12th, 2009 3:34pm Report this comment

As someone who used to work in Outdoor, I'd say that poster will have a big impact.

That the Tories can finally present a topic with such traction suggests the NuLab teflon is at last peeling off, Milburn or not.

Verity

January 12th, 2009 3:40pm Report this comment

Paul B - Brown also looks like something hidden away in the attic by an embarrassed family.

seb

January 12th, 2009 4:14pm Report this comment

@ golfwidow

I haven't seen anyone else point out the fact that the Brown scheme of an offer of money to employers to take on the long-term jobless is a Cameron Scheme. It's part of Winston Brown's modus operandi to steal Tory ideas and has been since before the death of John Smith. The opposition must be extremely wary of this man. Pathological liar [what else describes filching an opponent's ideas and taking credit for them?] does not begin to adequately define the Prime Minister.

Paul B

January 12th, 2009 4:18pm Report this comment

I have an image of Brown in my minds eye as the twin of Karloffs 1931 portrayal of Frankenstein, except Karloff was better looking.
http://i.inhaps.com/frankenstein_profile.jpg

cuffleyburgers

January 12th, 2009 4:23pm Report this comment

Verity - I suspect somewhere in the attics of number 10 there is a picture of Dorian Brown looking young and dashing...

Still carrying his Tesco bags full of press clippings

luke

January 12th, 2009 5:08pm Report this comment

Golfwidow - I can tell you why the scheme today is better than the one proposed by the tories?

It is funded. Half a billion quid. The tories were arguing you could do it all for no money. If that was true, noone would ever be unemployed.

Johnny

January 12th, 2009 5:11pm Report this comment

Seb, that is total nonesense.

The Tory scheme COST NOTHING. It was a free scheme. Either its worthless, or Osborne has found some way to get the jobless into work which will transform economies for years to come.

My money is on worthless

Verity

January 12th, 2009 5:31pm Report this comment

Cuffleyburgers - No. It is the painting that ages - an aspect too gruesome to contemplate.

golfwidow

January 12th, 2009 5:57pm Report this comment

Luke - and where exactly is that money coming from? The printing presses are already in danger of breaking down.

TGF UKIP

January 12th, 2009 10:43pm Report this comment

Brilliant poster (and even better video) but, as I post elsewhere, it only has relevance if it is widely seen beyond the press and us anoraks.

How many poster sites have the Tories booked for it and over which geographical regions?

The Tories have to focus harder and much better on these huge debt numbers and like Fraser they need to quote figures, real figures. That way they might start to look serious instead of just a couple of PR sound-bite merchants.

Clare

January 12th, 2009 11:18pm Report this comment

Luke, I don't know how you have the nerve to use the word "funded" with reference to Labour plans. Left until after the next election to pay off more like.

mark c

January 13th, 2009 9:48am Report this comment

Luke .. I think you mean borrowed rather than funded. Which in funny way kinda defines the debate.

Heather McD

January 13th, 2009 1:26pm Report this comment

Luke
Brown will fund if by the income from our chidlren and our grandchildren or do you think he has something saved to pay for it?? Perhaps from the period when he was being Prudent?????

David

January 13th, 2009 5:30pm Report this comment

"Dad's nose, Mum's eyes, Margaret Thatcher's leaky roof to repair."

This country's public services and infrastructure had been funded at unsustainably low levels for 20 years before Labour increased spending. We were living off previous investments, and the deferred expenses, not paid at the time, were passed on to the next generation - just as surely as debt.

hadrian

January 13th, 2009 11:31pm Report this comment

David- there you go, typical socialist, get the government spending on so called 'public services'.
The point of the poster is the perfect reposte to these whingers about funding. Broon is going to get us all these goodies by..well, our own money, extracted from us by coercion for years to come. Well, done you Lefty loonies.

David

January 15th, 2009 10:04am Report this comment

hadrian,

for all your name calling, you have failed to suggest how public infrastructure/services were meant to survive on inadequate, unsustainable levels of funding...

...my point is that Labour inherited depleted capital, in terms of infrastructure, skills and service capacity. When your roof is on the point of collapse you have to take out a loan to get it repaired - you can't put it off without risking damage to the whole house...

...taxation levels are set by democratically-elected governments - the UK's public sector is no bigger than comparable members of the EU or OECD.

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