What “unspent money”?

by His Grace the Devil

Apparently, George Osborne has a spiffing idea for kickstarting the economy.

George Osborne to inject unspent money into capital projects

What “unspent money”, George? Your Coalition has borrowed more money in the last year than any government in history; the structural deficit is bigger than ever, and you have reduced this country’s debt by precisely bugger all.

Approximately £180 billion of the cash that you are burning through this year is money that you didn’t have in the first place, you fucking cock.

The chancellor is not spending extra money and so not deviating from his deficit reduction programme but he is to continue an emphasis on capital investment as a major part of attempts to right the economy.

What deficit reduction plan? You haven’t reduced the deficit, Georgey-boy—you’ve increased it. How is increasing the amount of money that the government is borrowing a fucking deficit reduction plan?

Fuck me, I’ve been saying this for years, and it’s still true: there’s no fucking money left, you arsehole. And just to ram it home, here’s Detlev Schlichter making the point in more measured tones

And one final word to my English friends. No gloating please about the clever decision to stay out of the euro-mess. You have the same thing coning your way without the euro. The coalition’s consolidation course is apparently so ruthless that every month the state has to borrow MORE, not less. Even official inflation is already 5% but pressure is growing on the Bank of England to print more money. See the comical Vince Cable yesterday, or Martin Wolf, the man with the bazooka, in the FT today. Since 1971 the paper money system has been global. Its endgame will be global, too.

If Osborne seriously thinks that there is any “unspent money”, then he’s a bigger fucking idiot than I thought.

Unless, of course, George, you have manage to cut spending by roughly £180 billion? No, I didn’t think so.


5 responses to “What “unspent money”?

  1. C H Ingoldby

    There is no ‘unspent money’. It’s amazing that Osbourne can come out with such rubbish. We are in deep trouble. Will people really not laugh and mock when he comes out with such rubbish?

    However, with regard to ‘And one final word to my English friends. No gloating please about the clever decision to stay out of the euro-mess.’

    Sorry, but fuck off, we have the absolute right to a good long gloat about not joining the euro mess. We were right and we are much, much better off for being outside the euro nightmare. Yes, we have a lot of huge problems, but we have the right to a gloat about not compounding those problems with a membership of the euro that was urged upon us by all smart, brilliant, far sighted types who knew better than us ‘dinosaur’, ‘neanderthal’, ‘reactionary’, ‘xenophobic’, ‘nutters’.

    Forgive the crudity, but fuck them, we’ve earnt a gloat.

  2. I agree. I’ve been waiting for my own gloat at all the clever persons of quality who sneered at me and my friends. I think we all deserve our gloat. Of course, we shouldn’t allow it to get in the way of sacking all these people and taking their pensions away.

  3. If you don’t mind, I’ll reserve my gloat for Greece being forced out of the euro, or the Germans pulling the plug on the whole ghastly thing. The eurocrats (including practically the entire UK political class) have too much political captial invested in the project to let a little thing like bankruptcy get in the way of European “unity”!

  4. Well at least I’ve inveigled Sean into agreeing to take their pensions away as well as firing them. Sean initially wanted to be more lenient towards these people, upon our accession to power, than I would have been able to find it in my heart to be, given that I maintain that all this evil has been manufactured and executed on purpose, for a desired aim.

    Has anyone done any research about what kind of ART past and present FabiaNzazis have collected prvately for their own use, or do now collect?

    Just asking.

  5. The “People’s Special Courts” might go further on the day. But I cannot know what they will say.