Monday, April 20, 2009

Britain's Debt Nightmare finally in the Press

Wake up time at last! How long can the demeaning spin and lies of New Labour hide the whole horror from the wider public. Readers of the Daily Express are now getting the facts, as this link shows, their report begins:

EVERY household in the ­country will soon owe the equivalent of £50,000 in national debt, a damning report into Labour’s mishandling of Britain’s ­finances revealed last night.

As families brace themselves for eye‑watering tax rises in this week’s ­budget, figures from accountants Grant ­Thornton show that the UK Government will have built up debt of £1.32 trillion – £1,320,000,000 – by 2014.

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