Thursday 29 April 2010

You Never Had It So Good, sorry BAD

So the BBC has just had a man on who said that if you add

Government debt + PFI debt + Public sector pensions

you get a total of £95000 per household.

Add that to your mortgage and credit card debts (average £55000 per household) and you can see how much you owe.

£150,000 each.



Thanks Labour.



- You ran up the Government debt
- You ran up the PFI (off balance sheet) debt
- You encouraged the boom in house prices = mortgage debt
- You allowed banks to offer very high credit card debts

You have to go. While I weep and start to think how I can pay my debts.

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