Dear Chief Secretary to the Treasury,
I'm afraid to tell you there's no money left.
Signed, Liam Byrne

(Outgoing Labour Chief Secretary to the Treasury. May 2010)

Thursday, 4 June 2009

UK's debt increases by £10.6 billion

Just spotted on Letters from a Tory.

On the 23rd May 2009, the Government put in place a new Statutory Instrument (in effect, a law that doesn’t need Parliamentary approval) that altered the Industrial Development Act of 1982

We are going to have to borrow a record £175 billion a year to balance the books and national debt is going to double, yet Gordon Brown is just burning our money for the fun of it

In the last few days alone, our national liabilities have increased by £10.6 billion. Gordon Brown has crippled this country for years to come
Please read today's Letter (addressed to Hazel Blears), it's here.

It's all very unsettling, and desperately worrying for the future.

Mrs R isn't at all pleased with the way this government appears to be deliberately removing any chance this country may have of a decent future, and doing it without parliamentary discussion because legislation put onto the statute books using Statutory Instruments.

For a few years Mrs R has had a bee in her bonnet about government's use of SIs to push through almost secret laws, her family told her she was bonkers.

Seems not.

No comments: